SBF Arrives In the US for A Court Appearance Today

SBF

Bankman-Fried has reportedly landed in the States and is about to appear in court later today (December 22). The plane carrying the notorious founder of crypto exchange FTX – Sam Bankman-Fried – has reportedly touched down in the United States.

He is expected to appear in court in New York City later today (December 22). If convicted on all charges, SBF could go to prison for up to 115 years.

A recent coverage revealed that Bankman-Fried has already landed in the States escorted by federal agents. The US authorities have accused the 30-year-old American of being the main culprit behind the gigantic failure of FTX and the subsequent multi-billion investor losses.

He is about to face multiple charges, including conspiracy, securities fraud, and money laundering and could be slammed with a 115-year prison sentence.

The Bahamian police detained SBF (who spent the weeks after FTX’s collapse in his house on the island) and sent him to the local correctional facility – Fox Hill – earlier this month. However, he signed his extradition papers after a one-week stay there.

His arrest happened the same day he was about to testify before the US House Committee on Financial Services, prompting many to suggest that high-profile figures want SBF to restrain from public speaking.

Several sources indicated that FTX’s former boss paid millions of dollars to media outlets so they could portray him as a humble hero while also donating significant sums to the leading US political parties.

 SBF has reiterated that his crypto platform was not a fraudulent scheme and that its demise was a result of individual mistakes. He also blamed a mysterious “sparring partner” for having a role in the catastrophe, with some assuming this could be Binance.

CEO Changpeng Zhao dismissed the speculation, urging SBF to go to court and “start answering questions” instead of creating drama with misleading Twitter posts.

This Post Has 16 Comments

  1. binance Anmeldung

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

  2. TimothyPat

    п»їbest mexican online pharmacies: mexican pharma – pharmacies in mexico that ship to usa

  3. Edisonunumb

    farmacia senza ricetta recensioni: viagra prezzo – cialis farmacia senza ricetta

  4. NormanVaf

    sildenafilo cinfa 25 mg precio: viagra generico – comprar viagra en espaГ±a envio urgente

  5. NormanVaf

    venta de viagra a domicilio: viagra precio – viagra online gibraltar

  6. Laine Luken

    What’s Going down i am new to this, I stumbled upon thisI’ve found It positively helpful and it has aided meout loads I hope to give a contribution & assist other users like itsaided me Great job

  7. Jerry Vink

    Hi, just wanted to say, I liked this post It was funnyKeep on posting!

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.