Twitter exploded with the stunning news of Sam Bankman-Fried’s arrest in the Bahamas, and plenty of have been shocked that the arrest had come so rapidly.
On December 12, the founder of FTX was arrested by the Royal Bahamas Police Force after receiving data that the US authorities had indicted him.
Within hours, politicians, cryptocurrency executives and stakeholders began their Twitter applications to report on the arrest of the former CEO.
New York Democratic Representative Alexandria Ocasio-Cortez, who has remained the most political thinker of the cryptocurrency business till now, instructed her 13.4 million followers on Twitter that Bankman-Fried’s arrest was “justice served”, however mentioned that the arrest would delay Bankman- Fried’s testimony earlier than the House Financial Services Committee, which plans to Dec.
Bankman-Fried is scheduled to testify in Parliament tomorrow. Tonight he was arrested.
Although I’m upset that we’ll not have the alternative to current our questions, we look ahead to extra data being revealed and justice being executed on this matter. https://t.co/HS9u1n5Kur
Alexandria Ocasio-Cortez (@AOC) December 13, 2022
US Senator Cynthia Lummis was additionally happy, tweeting that prosecutors made the proper choice to carry Bankman-Fried accountable for her fraud.
What occurred at FTX looks as if good, old style fraud, and I’m glad that prosecutors have been investigating what occurred to be sure that everybody who dedicated the crime is held accountable for his or her actions.
– Senator Cynthia Lummis (@SenLummis) December 13, 2022
US Senator and skeptic Elizabeth Warren agreed, to say in a December 13 tweet to his 7 million followers that the US Department of Justice ought to maintain company executives who violate the legislation to account.
Others took the alternative to make different factors. Benjamin Cowen, CEO and founder of the evaluation technique referred to as Into The Cryptoverse, used ChatGPT to create poems about the current Bankman-Fried scenario.
“Write a poem about SBF, CEO of FTX, who was arrested in the Bahamas for wire fraud.” pic.twitter.com/OWMXlhcqPt
– Benjamin Cowen (@intocryptoverse) December 13, 2022
As anticipated, the memes are additionally spreading on Twitter:
Sam Bankman-Fried ultimately goes to jail. pic.twitter.com/i2JqL7JiD6
– DRE THE NOID (@THEGOONEEZ) December 13, 2022
Much has additionally been made of Bankman-Fried’s Twitter posts and media appearances since November’s dramatic FTX meltdown.
Not Investment Advice led by Trung Phan he mentioned to his 538,000 Twitter followers on Dec. 13 that Bankman-Fried’s erratic conduct will make life tough for his protection lawyer, whereas others consider that Bankman-Fried’s arrest will trigger him to level the finger at his associates and associates of FTX. catastrophe, together with those that obtained a lot of his political cash.
In what’s more likely to be his final interview for Twitter Spaces, with Strange Animals on Dec. 12, Bankman-Fried declared, “I do not suppose I’m going to get arrested.”
The Royal Bahamas Police Force was arrested following a US-issued indictment in opposition to Bankman-Fried, based on a Dec. 12 from the Office of the Bahamas Attorney General.