Why Isn’t Sam Bankman-Fried Behind Bars Yet?
Why Isn’t Sam Bankman-Fried Behind Bars Yet?
Really curious as to why no action has been taken yet.
He should be behind bars forever. The evidence is overwhelming that he knowingly committed fraud. He admitted this through his own social media posts. SBF or anyone at FTX would never have stolen from me face to face and lived to tell about it.
Bankruptcy alone is no crime – and a judge will decide what crimes he committed, not Reddit or Twitter.
Anf then of course the fact that he is hiding on the Bahames where things might be “cleared up” in a different way…
First, because investigations take time as do prosecutions
Second, it’s the crypto wild west. It’s not stock market or managed funds. Remember everyone was voluntarily giving him money using their own free will throwing internet shit coins at him.
Third, good lawyers has he.
I’m no expert on international law by any means…but probably because one country can’t just go into another country and arrest someone, there is jurisdictional procedure in which needs followed. The same people asking why he hasn’t been arrested would be up in arms if the US just started going into Germany and arresting people without any oversight…THERE ARE INTERNATIONAL LAWS THAT HAVE TO BE FOLLOWED.