Who Is Sam Bankman-Fried?
As per the latest reports, former CEO, and co-owner Gary Wang and Nishad Singh who is the director of engineering are believed to be in the Bahamas and they all are “under supervision” by the police authorities of the Bahamas. The arrest news came after the sudden and unfortunate collapse of FTX. Initially, people were shocked which is now turned into anger as it becomes crystal clear that the former CEO used the funds of the customers from the exchange to plug losses in his abortive crypto empire.
Is Sam Bankman-Fried Arrested?
This news has stirred the crypto world. Now the news coming out states that the 3 ex-executives of FTX along with Caroline Ellison, the CEO of Alameda Research trying to find a way so they can run away to Dubai. As per the source (who asked to not disclose their name), “At this time 3 of them are in the Bahamas Nishad, Sam, and Gary is under supervision which means it will be tough for them to get the exit from here.” Apart from it, the source also disclosed that Ellison is presently located in Hong Kong which means that she might get the chance to flee Dubai.
Why Sam Bankman-Fried Was Under Supervision?
May all their plans go awry as the community member coin bureau quoted that their sources in the government of the United States in order to assert that FTX members trying to reach the government of Dubai will get arrested at the airport and again sent her back to the US. One more unverified hearsay suggests that the former CEO of FTX is presently joined by Joseph Bankman the father of Fried. The arrest rumours of the former CEO began on 10th November 2022 along with proof suggesting that the private jet of Fried had been on the ground for forty minutes when he was going to Nassau and at the time of arrest he was in Miami. People wanted to know more about this case. But they need to wait as not many details have been released and the police trying to find out about this. As soon as we get more details we will update here.
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