Crypto Twitter explodes over the news of Sam Bankman-Fried's arrest

1 year ago

US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's apprehension successful The Bahamas.

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Crypto Twitter explodes implicit    the quality    of Sam Bankman-Fried's arrest

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Crypto Twitter has blown up implicit the shocking news of Sam Bankman-Fried’s apprehension successful The Bahamas — galore of whom weren’t expecting it to hap truthful soon. 

On Dec. 12, the disgraced FTX laminitis was arrested by the Royal Bahamas Police aft receiving notification from the United States authorities that transgression charges has been filed against him.

Within hours, politicians, crypto executives and influencers each booted up their Twitter apps to remark connected the apprehension of the FTX’s erstwhile CEO.

New York Democratic Congresswoman Alexandria Ocasio-Cortez, who’s held a reasonably neutral presumption connected the crypto manufacture to date, told her 13.4 cardinal Twitter followers that Bankman-Fried’s was a measurement successful the close absorption towards “justice being served,” but noted that the apprehension would apt postpone Bankman-Fried’s testimony earlier the House Financial Services Committee, which was scheduled for Dec. 13.

Bankman-Fried was acceptable to attest earlier the House tomorrow. Tonight helium was arrested.

While I americium disappointed we volition not person the accidental to contiguous our enactment of questioning, we look guardant to much accusation coming to airy and justness being served successful this case. https://t.co/HS9u1n5Kur

— Alexandria Ocasio-Cortez (@AOC) December 13, 2022

U.S. Senator and sponsor of the Lummis-Gillibrand Crypto Bill, Cynthia Lummis was besides pleased to perceive the news, stating connected Twitter that the prosecutors made the close determination to clasp Bankman-Fried accountable for the “good, old-fashioned fraud” helium allegedly committed.

What happened astatine FTX appears to beryllium good, old-fashioned fraud, and I'm gladsome prosecutors person been investigating what happened to guarantee everyone who committed 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 successful a Dec. 13 Tweet to her 7 cardinal Twitter followers that the U.S. Department of Justice needs to clasp much firm executives accountable who interruption the law.

Others person taken the accidental to marque airy of the situation. CEO and laminitis of Into The Cryptoverse, Benjamin Cowen, utilized ChatGPT to make poesy astir Bankman-Fried’s latest predicament.

“Write a poem astir SBF, the CEO of FTX, who was arrested successful the Bahamas for ligament fraud.” pic.twitter.com/OWMXlhcqPt

— Benjamin Cowen (@intocryptoverse) December 13, 2022

Meanwhile, memes are already making the rounds connected Twitter..

Sam Bankman-Fried goes to jailhouse finally. pic.twitter.com/i2JqL7JiD6

— DRE THE NOID (@THEGOONEEZ) December 13, 2022

Much is besides being said astir Bankman-Fried’s Twitter posts and media appearances since FTX’s stunning illness successful November.

Co-host of Not Investment Advice Trung Phan told his 538,000 Twitter followers connected Dec. 13 that Bankman-Fried’s erratic nationalist behaviour volition marque beingness harder for his defence attorney, portion others judge that Bankman-Fried’s apprehension volition apt spot him pointing the digit astatine different colleagues and radical linked to the FTX debacle, including those that received his sizeable governmental donations.

Related: BF tried to destabilize crypto marketplace to prevention FTX: Report

In his apt past Twitter Spaces interrogation with Unusual Whales connected Dec. 12, Bankman-Fried stated “I don’t deliberation I’ll beryllium arrested” erstwhile pressed astir the anticipation of being detained.

The Royal Bahamas Police Force made the apprehension pursuing the ceremonial notification from the U.S. that it has filed transgression charges against Bankman-Fried, which was officially announced by the Bahamas’ Office of the Attorney General successful a Dec. 12 statement.

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