Inevitable, but a lot of talking heads used the delay after FTX's collapse to sow doubt about corruption, media failure, etc. Feds were probably gathering evidence from Day 1, and the restructuring CEO seems to have found it: https://docs.house.gov/meetings/BA/BA00/20221213/115246/HHRG...
SBF Arrested by Bahamian Authorities
51–60 of 886 posts
Re: SBF Arrested by Bahamian Authorities
#52Earlier quoted context omitted.
It's an island. Tough to get off even if not arrested. I'm sure if he tried to get on a plane all kinds of "problems" would have appeared (computer not working, ...) If he tried a boat, "oh look, it's leaking oil, we can't let it leave and pollute the waters". Bahamas will have absolutely not let him get out of their sight. They have so much egg on their face. I can even see the titles if he left "Did he bribed Baham…
Surely he had enough money to order a private jet or yacht or both.
Re: SBF Arrested by Bahamian Authorities
#53Re: SBF Arrested by Bahamian Authorities
#54https://news.ycombinator.com/item?id=33962116
Re: SBF Arrested by Bahamian Authorities
#55In certain other large counties, this man would either be protected or jailed depending on what party he aligns to. Sure, you can say the same for USA, but with far less immediacy. Over time things tend to sort themselves out.
Re: SBF Arrested by Bahamian Authorities
#56Guess that's one way to get out of testifying before the US Congress.
It is specified in the document that they will extradite him to the US
It also says the US has filed criminal charges, which is the first I'm hearing of this.
As an aside - anyone else think it makes congress appear weak to still be allowing people to remotely testify? They supposedly are the most powerful and important legislative body in the land, perhaps the world - yet they can't compel people to show up in person and treat the event with the deference it's supposed to deserve?
Re: SBF Arrested by Bahamian Authorities
#57Earlier quoted context omitted.
It's an island. Tough to get off even if not arrested. I'm sure if he tried to get on a plane all kinds of "problems" would have appeared (computer not working, ...) If he tried a boat, "oh look, it's leaking oil, we can't let it leave and pollute the waters". Bahamas will have absolutely not let him get out of their sight. They have so much egg on their face. I can even see the titles if he left "Did he bribed Baham…
Surely he had enough money to order a private jet or yacht or both.
There was talk that he was followed around everywhere in Bahamas by the police.
Like I said, there are ways to keep someone on an island without arresting them. Especially in this case, what was he going to do, sue?
Re: SBF Arrested by Bahamian Authorities
#58Looking forward to the perp walk and orange jumper.
Re: SBF Arrested by Bahamian Authorities
#59Re: SBF Arrested by Bahamian Authorities
#60Earlier quoted context omitted.
> Maybe this was the only way to ensure he testified Nope, it doesn't make any sense to arrest him if the goal was to force him to testify in front of congress. Once he is placed under arrest then I'm pretty sure the house cannot make him testify if he is in custody, he becomes at the mercy of a judge and I imagine bail conditions will not allow him to talk in public about the case either.
If Congress issued a subpoena, why would any judge reasonably withhold a willing detainee? Also, it what universe would bail make sense for such an obvious flight risk?