When news broke that Sam Bankman-Fried was being held in the Bahamas, US legislators, crypto executives, and influencers took to Twitter.
Crypto The surprising news of Sam Bankman-arrest Fried’s in the Bahamas has exploded on Twitter, with many people stunned that it happened so swiftly.
The Royal Bahamas Police detained the disgraced FTX founder on December 12 after receiving information that the US government had filed criminal charges against him.
Within hours, legislators, crypto executives, and influencers were all firing up their Twitter applications to remark on the former CEO’s arrest.
New York Democratic Representative Alexandria Ocasio-Cortez, who has taken a relatively neutral stance on the crypto industry thus far, told her 13.4 million Twitter followers that Bankman-arrest Fried’s was a step toward “justice being served,” but that the arrest would postpone Bankman-testimony Fried’s before the House Financial Services Committee, which was scheduled for Dec. 13.
Senator Cynthia Lummis was likewise happy, writing that prosecutors made the correct choice in holding Bankman-Fried responsible for the alleged “good, old-fashioned fraud.”
Senator Elizabeth Warren, a crypto skeptic, concurred in a Dec. 13 tweet to her 7 million followers, saying that the US Department of Justice needs to hold more lawbreaking business CEOs responsible.
Others took advantage of the situation to make fun of it all. Benjamin Cowen, the CEO and creator of the crypto-analysis channel Into The Cryptoverse, utilized ChatGPT to write poems about Bankman-current Fried’s situation.
Since FTX’s shocking collapse in November, much has been made about Bankman-Twitter Fried’s tweets and media appearances.
Trung Phan, the co-host of Not Investment Advice, told his 538,000 Twitter followers on December 13 that Bankman-erratic Fried’s public behavior will make life difficult for his defense attorney, while others believe that Bankman-arrest Fried’s will likely result in him pointing the finger at colleagues and people linked to the FTX debacle, including those who received large political donations from him.