Crypto Twitter Explodes Over Sam Bankman-Fried’s Arrest

Gaurav Singh
December 13, 2022 Updated February 2, 2024
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
sbf arrested

SBF was arrested by the Royal Bahamas Police after learning that the US government has filed criminal charges against him. Sam Bankman-Fried said that he doesn’t think he will be arrested when asked about the possibility on 12 December in an interview with Unusual Whales.

The crypto community, including politicians, influencers, and crypto executives, had their fair share of say about the publicly hated FTX founder.

Alexandria Ocasio-Cortez, the New York Democratic Representative, tweeted, ‘Bankman-Fried was set to testify before the House tomorrow. Tonight he was arrested. While I am disappointed we will not have the opportunity to present our line of questioning, we look forward to more information coming to light and justice being served in this case.’

 

United States Senator Cynthia Lummis said that the officials took the right call to hold the former CEO of FTX accountable for the “good, old-fashioned fraud” that he committed.

Trung Phan, the co-host of Not Investment Advice, tweeted that SBF’s irresponsible public behavior will make his defense attorney’s job much harder.’ Meanwhile, the crypto community took this opportunity to make fun of SBF and enjoy his downfall for having robbed them of billions. There were tons of memes related to SBF following his arrest.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Gaurav Singh works as video Producer for Coingape, covering Crypto and other Crypto related issues. He has done his Engineering From AKTU. His areas of interest include crypto, finance and policy. Find him on X: @Kumar643Singh
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.