Crypto Twitter explodes over the information of Sam Bankman-Fried’s arrest
Crypto Twitter has blown up over the shocking news of Sam Bankman-Fried’s arrest in The Bahamas — lots of whom weren’t anticipating it to occur so quickly.
On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after receiving notification from america authorities that felony prices has been filed in opposition to him.
Inside hours, politicians, crypto executives and influencers all booted up their Twitter apps to touch upon the arrest of the FTX’s former CEO.
New York Democratic Congresswoman Alexandria Ocasio-Cortez, who’s held a reasonably impartial view on the crypto trade so far, advised her 13.4 million Twitter followers that Bankman-Fried’s was a step in the correct path in the direction of “justice being served,” however famous that the arrest would doubtless 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 is not going to have the chance to current our line of questioning, we stay 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 and sponsor of the Lummis-Gillibrand Crypto Invoice, Cynthia Lummis was additionally happy to listen to the information, stating on Twitter that the prosecutors made the correct choice 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 with Lummis’ views, stating in a Dec. 13 Tweet to her 7 million Twitter followers that the U.S. Division of Justice wants to carry extra company executives accountable who break the legislation.
Others have taken the chance to make gentle of the state of affairs. CEO and founding father of Into The Cryptoverse, Benjamin Cowen, 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 also be being mentioned about Bankman-Fried’s Twitter posts and media appearances since FTX’s gorgeous collapse in November.
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 imagine that Bankman-Fried’s arrest will doubtless see him pointing the finger at different colleagues and folks linked to the FTX debacle, together with those who obtained his sizeable political donations.
Related: BF tried to destabilize crypto market to save FTX: Report
In his doubtless final Twitter Areas interview with Uncommon Whales on Dec. 12, Bankman-Fried stated “I don’t suppose I’ll be arrested” when pressed about the opportunity of being detained.
The Royal Bahamas Police Pressure made the arrest following the formal notification from the U.S. that it has filed felony prices in opposition to Bankman-Fried, which was formally introduced by the Bahamas’ Workplace of the Legal professional Common in a Dec. 12 assertion.