Crypto Twitter has blown up over the shocking news of Sam Bankman-Fried’s arrest within the Bahamas, with many stunned it had occurred so rapidly.
On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after they obtained notification that the USA authorities had filed felony fees in opposition to him.
Inside hours, politicians, crypto executives and influencers had all booted up their Twitter apps to touch upon the arrest of the previous CEO.
New York Democratic Consultant Alexandria Ocasio-Cortez, who’s held a reasonably impartial view on the crypto business up to now, instructed her 13.4 million Twitter followers that Bankman-Fried’s was a step towards “justice being served,” however famous that the arrest would postpone Bankman-Fried’s testimony earlier than the Home Monetary Providers Committee, which was scheduled for Dec. 13.
Bankman-Fried was set to testify earlier than the Home tomorrow. Tonight he was arrested.
Whereas I’m disillusioned we won’t have the chance to current our line of questioning, we sit up for extra info coming to gentle and justice being served on this case. https://t.co/HS9u1n5Kur
— Alexandria Ocasio-Cortez (@AOC) December 13, 2022
U.S. Senator Cynthia Lummis was additionally happy, tweeting that prosecutors made the appropriate determination to carry Bankman-Fried accountable for the “good, old style fraud” he allegedly dedicated.
What occurred at FTX seems to be good, old style fraud, and I am glad prosecutors have been investigating what occurred to make sure everybody who dedicated crimes is held accountable for what they did.
— Senator Cynthia Lummis (@SenLummis) December 13, 2022
Fellow U.S. senator and crypto skeptic Elizabeth Warren agreed, stating in a Dec. 13 tweet to her 7 million followers that the U.S. Division of Justice wants to carry extra lawbreaking company executives accountable.
Others took the chance to make gentle of all of it. Benjamin Cowen, the chief govt and founding father of the crypto-analysis channel known as Into The Cryptoverse, used ChatGPT to create poetry about Bankman-Fried’s newest predicament.
“Write a poem about SBF, the CEO of FTX, who was arrested within the Bahamas for wire fraud.” pic.twitter.com/OWMXlhcqPt
— Benjamin Cowen (@intocryptoverse) December 13, 2022
In the meantime, memes are already making the rounds on Twitter:
Sam Bankman-Fried goes to jail lastly. pic.twitter.com/i2JqL7JiD6
— DRE THE NOID (@THEGOONEEZ) December 13, 2022
A lot can be being mentioned about Bankman-Fried’s Twitter posts and media appearances since FTX’s beautiful collapse in November.
The co-host of Not Funding Recommendation, Trung Phan, told his 538,000 Twitter followers on Dec. 13 that Bankman-Fried’s erratic public habits will make life tougher for his protection lawyer, whereas others consider that Bankman-Fried’s arrest will probably see him pointing the finger at colleagues and folks linked to the FTX debacle, together with people who obtained his sizeable political donations.
In what is probably going his final Twitter Areas interview, with Uncommon Whales on Dec. 12, Bankman-Fried stated “I don’t assume I’ll be arrested” when pressed concerning the chance.
The Royal Bahamas Police Pressure made the arrest following the formal notification from the U.S. that it has filed felony fees in opposition to Bankman-Fried, in line with a Dec. 12 announcement by the Bahamas’ Workplace of the Legal professional Basic.