After learning that the US government had filed criminal charges against SBF, the Royal Bahamas Police arrested him. Sam Bankman-Fried stated that he does not believe he will be arrested when he was asked about it in an interview with Unusual whales on December 12.
The crypto community, including politicians and influencers, had their say on the publically hated founder of FTX.

Advertisement

Alexandria Ocasio Cortez, the New York Democratic Representative tweeted, “Bankman-Fried was scheduled to testify before Congress tomorrow.” Tonight, he was taken into custody. Although I am disappointed that we won’t have the opportunity to present our line de questioning, we look forward for more information and justice to be served in this case.

Tomorrow, Bankman-Fried was scheduled to testify in front of the House. Tonight, he was taken into custody.
Trending Stories

Although I am disappointed that we won’t be able to present our line, we look forward for more information and justice in this case. https://t.co/HS9u1n5Kur
— Alexandria Ocasio-Cortez (@AOC) December 13, 2022

Advertisement

Cynthia Lummis, United States Senator, stated that officials made the right call to hold the former CEO at FTX responsible for the “good old-fashioned fraud” he committed.
Trung Phan, co-host of Not Investment Advice tweeted that SBF’s irresponsible behavior will make his defense lawyer’s job more difficult’. Meanwhile, the crypto community took the opportunity to mock SBF and celebrate his loss of billions. After his arrest, there were many memes about SBF.

Disclaimer
The content presented may contain the author’s personal opinion and may not reflect current market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.