Justice Served? Bankman-Fried Has Been Arrested

Sergei Elagin / shutterstock.com
Sergei Elagin / shutterstock.com

Sam Bankman-Fried is the CEO of FTX, the now bankrupt crypto exchange. He’s been wanted for weeks because of massive amounts of fraud.

It has been suspected that he lied to investors and lenders, misled customers, and swindled billions of dollars from people.

Everyone knew where he was – hiding in his mansion in the Bahamas.

Yet, the Department of Justice seemed to focus on other issues. They were more concerned with outspoken parents and those who may be a threat to the liberal agenda.

Why go after Bankman-Fried? He’s been a megadonor for the Democrats. In fact, he’s donated more than anyone, other than George Soros.

Congress did try to play nice with the 20-something billionaire. They invited him to testify so that he could share his story. Only, he chose not to because, as he explained, he was “quite overbooked.”

Bahamian authorities have stepped in to ensure that he’s no longer overbooked. They arrested him after finally receiving information from the US that criminal charges have been filed against him. His extradition has been requested.

Not so luckily for SBF, there’s an expedition treaty between the Bahamas and the US.

If he thought he was hiding out and protected, he’s not as smart as many give him credit for.

And if he really thought he was going to get away with everything, he severely underestimated how upset people are with losing all of their money.
Here’s what’s so baffling.

It is assumed that SBF defrauded investors.

It’s been WEEKS since FTX collapsed.

And SBF has been simply living his best life in the Bahamas because the DOJ just finally got their life together to file charges.

Congress is looking for answers.

There’s no telling what charges the disgraced entrepreneur will face.

Hopefully, he gets tried and punished to the fullest extent of the law. We can only hope.