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SBF Arrested by Bahamian Authorities

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Re: SBF Arrested by Bahamian Authorities

#81

Post by cm2187 »

rjbwork wrote: post #4

Much sooner than I expected. Figured it'd be a couple of years before the AG was secure enough in their case to bring charges. This is MUCH faster than Madoff or Holmes. Then again, he's been much more out in the open about everything. He pretty much laid the prosecution's case out to the public for them.

Though I assume that if the suspect is abroad and seemingly unwilling to travel to the US, the DOJ would likely try to secure their return early, vs a person of interest in the US, who would be told to not leave the country during the investigation.

Re: SBF Arrested by Bahamian Authorities

#83

Post by PaulHoule »

paulusthe wrote: post #68
rjbwork wrote: post #4

Much sooner than I expected. Figured it'd be a couple of years before the AG was secure enough in their case to bring charges. This is MUCH faster than Madoff or Holmes. Then again, he's been much more out in the open about everything. He pretty much laid the prosecution's case out to the public for them.

It's Bahamas, not the US. He could still be prosecuted here for crimes committed here.

Bahamas says they are expecting to extradite him to the US as soon as they get the paperwork.

Re: SBF Arrested by Bahamian Authorities

#84

Post by colechristensen »

laluser wrote: post #11

About time. Hope the rest of FTX and Alameda folks responsible also face criminal charges.

There are a lot of people responsible because of things they did but also a lot of people responsible by being quite negligent.

Actually more than the people who perpetrated the fraud, I hope the people who casually let it happen while doing none of their job to prevent it… I hope those people see real consequences.

There are always going to be cheats and bullshitters, our first line of defense against them are the people who are supposed to be reasonable just saying “no” to the dude sucking at League during a pitch.

Re: SBF Arrested by Bahamian Authorities

#86

Post by darawk »

paulusthe wrote: post #68
rjbwork wrote: post #4

Much sooner than I expected. Figured it'd be a couple of years before the AG was secure enough in their case to bring charges. This is MUCH faster than Madoff or Holmes. Then again, he's been much more out in the open about everything. He pretty much laid the prosecution's case out to the public for them.

It's Bahamas, not the US. He could still be prosecuted here for crimes committed here.

Bahamas said that they did it in response to a US extradition request. So, it seems like he's getting extradited.

Re: SBF Arrested by Bahamian Authorities

#87

Post by jonwachob91 »

323 wrote: post #31
mardifoufs wrote: post #7

Why did he stay in the bahamas? Was he allowed to travel?

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…

It is an island, and it's not that hard to get on a boat and sail away. Carlos Ghosn was able to be smuggled out of Japan on an airplane while under house-arrest. I imagine Japan is much, MUCH, harder to be smuggled out of than the Bahamas :)

Re: SBF Arrested by Bahamian Authorities

#88

Post by ogogmad »

llanowarelves wrote: post #59
jeffdn wrote: post #53

Earlier quoted context omitted.

He supported Zelensky’s political campaign, that doesn’t make them friends. Zelensky also stripped him of his Ukrainian citizenship.

Quoted post unavailable.

"Kin"? If you mean to be anti-Semitic, you'll find yourself banned from this website.

Re: SBF Arrested by Bahamian Authorities

#89

Post by tacker2000 »

_jal wrote: post #40
FormerBandmate wrote: post #26

Earlier quoted context omitted.

He commingled bank accounts for two separate companies. It didn’t all go to him buying Lamborghinis

> It didn’t all go to him buying Lamborghinis Beachfront properties, random companies, journalists... but no Lamborghinis. Got it.

Dont forget the political donations as well…

Re: SBF Arrested by Bahamian Authorities

#90

Post by ender341341 »

Alupis wrote: post #56
elcomet wrote: post #38

Earlier quoted context omitted.

It is specified in the document that they will extradite him to the US

No, it says the US is likely to request extradition - but has not yet. SBF was scheduled to appear remotely (Zoom or similar) before congress tomorrow. 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…

Specifically they said that they arrested him because the US notified them they were pressing charges and likely to request extradition. I imagine that the 'likely to request extradition' is specific phrasing related to how the extradition treaty with the US is worded as I don't think anyone expects the request to not be made.
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