Sam Bankman at large for 250 million
2022.12.25 01:38
Sam Bankman at large for 250 million
Budrigannews.com – The efforts made by the crypto community to assist investigations and locate the notorious entrepreneur are to blame for the brief arrest of former FTX CEO Sam Bankman-Fried (SBF). While SBF at last got away from jail time by means of a $250 million bail security, the local area keeps on checking everything he might do openly.
Only three days subsequent to being delivered on an individual recognizance security, a crypto local area part purportedly spotted SBF “chilling” in a John F. Kennedy Global Air terminal parlor. @litcapital posted the supporting images on Twitter, which show SBF seated in a lounge chair with access to a laptop and mobile phone.
Other members of the community confirmed, based on the images, that SBF was in the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. The primary source says that SBF was with his parents, FBI agents, and lawyers.
One of my followers spotted SBF chilling at JFK airport last night and snapped some icon photos pic.twitter.com/0Lg6OdqZz8
— litquidity (@litcapital) December 23, 2022
Later photos showed SBF sitting next to a suited executive on an American Airlines flight while wearing a beanie.
bro turned into gary vee pic.twitter.com/YdX49YaXMm
— frederik.eth (@bganpunk) December 23, 2022
The images brought back discussions about how SBF told Maxine Waters, chair of the House Financial Services Committee, that he had access to his laptop and mobile device but not to his personal or professional data.
In addition, some individuals questioned how SBF was able to pay for business-class tickets while FTX was going through bankruptcy. It’s great to see that customer funds are still being used effectively! a member of the community said.
More FTX distributed money to customers in form of loan
A recent court filing revealed that the now-defunct crypto exchange FTX paid Sullivan & Cromwell LLP (S&C) a $12 million retainer prior to filing for Chapter 11 bankruptcy.
In order to use S&C’s legal services, FTX has paid S&C nearly $3.5 million since August 26, 2022.
