Crypto Twitter explodes over the information of Sam Bankman-Fried’s arrest


Crypto Twitter has blown up over the surprising information of Sam Bankman-Fried’s arrest in The Bahamas — a lot 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 the US authorities that felony expenses has been filed towards 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 to this point, instructed her 13.4 million Twitter followers that Bankman-Fried’s was a step in the best path in direction of “justice being served,” however famous that the arrest would doubtless postpone Bankman-Fried’s testimony earlier than the Home Monetary Companies 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 sit up for extra info coming to gentle and justice being served on this case.

— 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 best resolution to carry Bankman-Fried accountable for the “good, old school fraud” he allegedly dedicated.

What occurred at FTX seems to be good, old school 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 regulation.

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.”

— Benjamin Cowen (@intocryptoverse) December 13, 2022

In the meantime, memes are already making the rounds on Twitter..

Sam Bankman-Fried goes to jail lastly.

— 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 gorgeous collapse in November.

Co-host of Not Funding Recommendation Trung Phan instructed his 538,000 Twitter followers on Dec. 13 that Bankman-Fried’s erratic public conduct will make life more durable for his protection legal professional, whereas others consider that Bankman-Fried’s arrest will doubtless see him pointing the finger at different colleagues and other people linked to the FTX debacle, together with people who acquired his sizeable political donations.

Associated: BF tried to destabilize crypto market to save lots of FTX: Report

In his doubtless final Twitter Areas interview with Uncommon Whales on Dec. 12, Bankman-Fried acknowledged “I don’t suppose I’ll be arrested” when pressed about the potential for being detained.

The Royal Bahamas Police Power made the arrest following the formal notification from the U.S. that it has filed felony expenses towards Bankman-Fried, which was formally introduced by the Bahamas’ Workplace of the Lawyer Common in a Dec. 12 assertion.

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