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'Will he pay the bail with crypto?' Trolls galore as FTX founder Sam Bankman-Fried ARRESTED in the Bahamas

'He should have moved to Argentina. He was too confident his political donations would protect him,' said a user, slamming Sam Bankman-Fried

NASSAU, THE BAHAMAS: Crypto billionaire and former CEO of FTX, Sam Bankman-Fried aka "SBF" was arrested in The Bahamas after being criminally charged by US prosecutors. His $32 billion empire came crashing down last month and the embattled cryptocurrency mogul had been in hiding ever since. The shocking development comes moments before he was supposed to testify in front of the House Financial Services Committee over the collapse of FTX. 

Bahamian Prime Minister Philip Davis released a statement, "The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law." Exactly one month and a day after thr 30-year-old crypto prodigy filed his company for Chapter 11 bankruptcy, he was arrested. Davis further said, "While the United States is pursuing criminal charges against SBF individually, The Bahamas will continue its own regulatory and criminal investigations into the collapse of FTX, with the continued cooperation of its law enforcement and regulatory partners in the United States and elsewhere."

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The New York Times revealed that Bankman-Fried was charged with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering. Shortly after the arrest, US Attorney for the Southern District of New York Damian Williams released a statement, "Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time." The Internet, on the opposite side, is slamming Bankman-Fried. 

Internet slams Sam Bankman-Fried after arrest

One user joked and wrote, "Will he pay the bail with crypto?" Another user tweeted, "Hopefully the prosecuting attorney(s) are ferocious. He seems to be quite slippery with his looks, childish demeanor, intellect, and general ability to manipulate many he comes in contact with." One more user trolled SBF blaming him for paying politicians and tweeted, "He should have moved to Argentina. He was too confident his political donations would protect him."

One user wrote, "He’s about to learn how physical world differs from virtual world" Another user tweeted, "SBF spent his last day free doing what he loved Lying nonstop on twitter high on meth and rambling on twitter spaces" One more user calculated SBF's possible prison time and tweeted, "According to federal sentencing guidelines, if you account for all of today’s developments, it looks like SBF is looking at *checks notes* 612,000 years in prison."

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online