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The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) could be attributed to the efforts taken by the crypto neighborhood to help investigations and observe down the whereabouts of the notorious entrepreneur. Whereas SBF finally escaped prison time via a $250 million bail bond, the neighborhood continues to watch his each transfer publicly.
Simply three days after being launched on a private recognizance bond, a crypto neighborhood member allegedly noticed SBF “chilling” in a John F. Kennedy Worldwide Airport lounge. The supporting pictures had been shared on Twitter by @litcapital, which exhibits SBF sitting on a lounge chair with entry to a laptop computer and cell phone.
Based mostly on the images, different neighborhood members confirmed that SBF’s location was the Greenwich (Enterprise Class) lounge in American Airways’ Terminal 8. In response to the first supply, SBF was accompanied by his parents, FBI brokers and legal professionals.
One in every of my followers noticed SBF chilling at JFK airport final night time and snapped some icon photographs pic.twitter.com/0Lg6OdqZz8
— litquidity (@litcapital) December 23, 2022
Subsequent pictures confirmed SBF on an American Airways flight disguised with a beanie and seated subsequent to a suited government.
bro became gary vee pic.twitter.com/YdX49YaXMm
— frederik.eth (@bganpunk) December 23, 2022
The photographs reignited discussions round how SBF told Maxine Waters, chair of the USA Home Monetary Providers Committee, that he had no entry to his private or skilled knowledge regardless of accessing his laptop computer and cellular system.
Furthermore, some additionally puzzled how SBF was in a position to afford the business-class tickets amid FTX’s chapter proceedings. “Nice to see buyer funds are nonetheless being put to good use!” said a neighborhood member.
Associated: Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
A latest courtroom submitting revealed that defunct crypto alternate FTX paid a retainer of $12 million to Sullivan & Cromwell LLP (S&C) proper earlier than submitting for Chapter 11 chapter.
Since Aug. 26, 2022, FTX made funds price practically $3.5 million to S&C to avail their authorized companies.
