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

[ad_1] <div data-v-30a6cf80="">Crypto Twitter has blown up over the <a target="_blank" href="https://cointelegraph.com/news/ftx-founder-sam-bankman-fried-arrested-and-in-custody-attorney-general" rel="noopener">shocking news</a> of Sam Bankman-Fried’s arrest within the Bahamas, with many shocked it had occurred so shortly. On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after they obtained notification that america authorities had filed prison prices in opposition to him. Inside hours, politicians, crypto executives and influencers had all booted up their Twitter apps to touch upon the arrest of the previous CEO. New York Democratic Consultant Alexandria Ocasio-Cortez, who’s held a reasonably impartial view on the crypto business so far, informed her 13.4 million Twitter followers that Bankman-Fried’s was a step towards “justice being served,” however famous that the arrest would <a target="_blank" href="https://cointelegraph.com/news/sam-bankman-fried-says-he-will-testify-before-the-us-house-financial-services-committee-remotely" rel="noopener">postpone Bankman-Fried’s testimony</a> earlier than the Home Monetary Companies Committee, which was scheduled for Dec. 13.<blockquote class="twitter-tweet">Bankman-Fried was set to testify earlier than the Home tomorrow. Tonight he was arrested.Whereas I'm upset we is not going to have the chance to current our line of questioning, we look ahead to extra info coming to mild and justice being served on this case. <a target="_blank" href="https://t.co/HS9u1n5Kur" rel="noopener">https://t.co/HS9u1n5Kur</a>— Alexandria Ocasio-Cortez (@AOC) <a target="_blank" href="https://twitter.com/AOC/status/1602470171364712449?ref_src=twsrc%5Etfw" rel="noopener">December 13, 2022</a></blockquote>

U.S. Senator Cynthia Lummis was additionally happy, tweeting that prosecutors made the proper choice to carry Bankman-Fried accountable for the “good, old style fraud” he allegedly dedicated.<blockquote class="twitter-tweet">What occurred at FTX seems to be good, old style 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) <a target="_blank" href="https://twitter.com/SenLummis/status/1602473775118880769?ref_src=twsrc%5Etfw" rel="noopener">December 13, 2022</a></blockquote>

<a target="_blank" href="https://twitter.com/SenLummis/status/1602473775118880769?s=20&t=AX8Ve6LUppRDlbdENIcPVg" rel="noopener nofollow">Fellow U.S. senator and crypto skeptic Elizabeth Warren agreed, <a target="_blank" href="https://twitter.com/senwarren/status/1602478534693457922?s=46&t=or6zG45kIfGy8vrCIDlVdQ" rel="noopener nofollow">stating</a> in a Dec. 13 tweet to her 7 million followers that the U.S. Division of Justice wants to carry extra lawbreaking company executives accountable.Others took the chance to make mild of all of it. Benjamin Cowen, the chief govt and founding father of the crypto-analysis channel referred to as Into The Cryptoverse, used ChatGPT to create poetry about Bankman-Fried’s newest predicament.<blockquote class="twitter-tweet">“Write a poem about SBF, the CEO of FTX, who was arrested within the Bahamas for wire fraud.” <a target="_blank" href="https://t.co/OWMXlhcqPt" rel="noopener">pic.twitter.com/OWMXlhcqPt</a>— Benjamin Cowen (@intocryptoverse) <a target="_blank" href="https://twitter.com/intocryptoverse/status/1602463111394590720?ref_src=twsrc%5Etfw" rel="noopener">December 13, 2022</a></blockquote>

In the meantime, memes are already making the rounds on Twitter:<blockquote class="twitter-tweet">Sam Bankman-Fried goes to jail lastly. <a target="_blank" href="https://t.co/i2JqL7JiD6" rel="noopener">pic.twitter.com/i2JqL7JiD6</a>— DRE THE NOID (@THEGOONEEZ) <a target="_blank" href="https://twitter.com/THEGOONEEZ/status/1602455185183232007?ref_src=twsrc%5Etfw" rel="noopener">December 13, 2022</a></blockquote>

A lot can be being stated about <a target="_blank" href="https://cointelegraph.com/news/sam-bankman-fried-s-weird-cryptic-tweets-attract-even-wilder-theories" rel="noopener">Bankman-Fried’s Twitter posts and media appearances</a> since FTX’s gorgeous collapse in November. The co-host of Not Funding Recommendation, Trung Phan, <a target="_blank" href="https://twitter.com/trungtphan/status/1602464391739609091?s=46&t=or6zG45kIfGy8vrCIDlVdQ" rel="noopener nofollow">told</a> his 538,000 Twitter followers on Dec. 13 that Bankman-Fried’s erratic public conduct will make life tougher for his protection legal professional, whereas others imagine that Bankman-Fried’s arrest will possible see him pointing the finger at colleagues and folks linked to the FTX debacle, together with those who obtained his sizeable political donations. <a target="_blank" href="https://cointelegraph.com/news/sbf-tried-to-destabilize-crypto-market-to-save-ftx-report" rel="noopener">Related: BF tried to destabilize crypto market to save FTX: Report</a>In what is probably going his final Twitter Areas interview, with Uncommon Whales on Dec. 12, Bankman-Fried <a target="_blank" href="https://nypost.com/2022/12/12/sam-bankman-fried-to-skip-testifying-in-person-before-congress-because-hes-quite-overbooked/" rel="noopener nofollow">stated</a> “I don’t suppose I’ll be arrested” when pressed in regards to the chance. The Royal Bahamas Police Pressure made the arrest following the formal notification from the U.S. that it has filed prison prices in opposition to Bankman-Fried, in keeping with a Dec. 12 announcement by the Bahamas’ Workplace of the Legal professional Normal.<template data-name="subscription_form" data-type="law_decoded"/></div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> [ad_2] <a href="https://news.google.com/__i/rss/rd/articles/CBMiYmh0dHBzOi8vY29pbnRlbGVncmFwaC5jb20vbmV3cy9jcnlwdG8tdHdpdHRlci1leHBsb2Rlcy1vdmVyLXRoZS1uZXdzLW9mLXNhbS1iYW5rbWFuLWZyaWVkLXMtYXJyZXN00gFmaHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9uZXdzL2NyeXB0by10d2l0dGVyLWV4cGxvZGVzLW92ZXItdGhlLW5ld3Mtb2Ytc2FtLWJhbmttYW4tZnJpZWQtcy1hcnJlc3QvYW1w?oc=5">Source link </a>