Celebrities SILENT after Taking FTX Cash as Sam Bankman-Fried Arrested in Bahamas

SHARE
TWEET
Celebrities SILENT after Taking FTX Cash as Sam Bankman-Fried Arrested in Bahamas

Celebrities who once endorsed the now-bankrupt cryptocurrency platform FTX have remained silent after its founder, Sam Bankman-Fried, was arrested on Monday.

A-listers, including Shaquille O’Neal, Larry David, Tom Brady, and his now ex-wife Gisele Bündchen, endorsed the cryptocurrency exchange and expressed faith in Sam Bankman-Fried.

The celebrities are yet to release any statements since the disgraced billionaire was detained in the Bahamas on Monday.

Bankman-Fried has been hiding since his $32 billion company crashed last month. He now faces criminal charges in the U.S.

As The Daily Mail reported:

American prosecutors had filed the unspecified charges against the FTX founder, and are ‘likely to request his extradition,’ almost one month to the day from when his company filed for Chapter 11 bankruptcy.

In a statement, Bahamian Prime Minister Philip Davis said: “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.

“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.”

U.S. Attorney for the Southern District of New York Damian Williams also released a statement on the FTX founder’s arrest:

“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,” Williams wrote.

“We expect to move to unseal the indictment in the morning and will have more to say at that time,” the attorney continued.

SBF’s arrest comes hours before he was set to testify in front of the House Financial Services Committee

As Bloomberg reported, Justice Department officials were analyzing the alleged transfer of millions around the time FTX filed for Chapter 11 bankruptcy.

RELATED: World Economic Forum Scrubs Page about FTX Crypto Exchange from Its Website

Prosecutors had met to discuss a potential fraud case against the former CEO and several other high-ranking employees.

Last week, The Daily Fetched reported that Sam Bankman-Fried hired defense attorney Mark S. Cohen, who recently defended Ghislaine Maxwell in her sex trafficking trial.

Mark S. Cohen’s firm, Cohen & Gresser, played a key role in bringing down Mexican druglord Joaquín “El Chapo” Guzmán.

Bankman-Fried confirmed the story in a Twitter spaces interview, adding he needed to figure out how he would pay for it, according to Reuters.

“In terms of paying legal fees, I’m still working that out,” he said. “I’m not sure if I will be able to pay all the legal fees.”

NOTICE: Our comment section is currently disabled due to malicious attacks preventing our readers being able to comment properly. We are in the process are implementing a new system which will be live soon! Sorry for any inconvenience!

SHARE
TWEET
Telegram
Email
Reddit
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Breaking

Trending

Democrats Arrested for Election Fraud After Abusing Absentee Ballot System
Democrats Arrested for Election Fraud After Abusing Absentee Ballot System
Four Democrats in Connecticut are facing election fraud charges after they allegedly abused the absentee...
Jack Black Roasted after Endorsing Joe Biden: 'How Much Are They Paying You?'
Jack Black Roasted after Endorsing Joe Biden: 'How Much Are They Paying You?'
Actor Jack Black is receiving blowback after continuing to double down on his endorsement of Joe Biden,...
Nurse Who Exposed Illegal Kids Gender Program Gets Intimidating Visit from FBI Agents
Nurse Who Exposed Illegal Kids Gender Program Gets Intimidating Visit from FBI Agents
A nurse who helped expose an illegal gender program at a Children’s Hospital in Texas was captured...
Former Democrat Mayor of Detroit Endorses Trump: 'I Can Never Thank Him Enough for What He's Done for Me'
Former Democrat Mayor of Detroit Endorses Trump: 'I Can Never Thank Him Enough for What He's Done for Me'
Kwame Kilpatrick, the former Detroit Democratic Mayor and former Obama supporter, broke ranks on Saturday...
'Woke' School APOLOGIZES for Telling Children ISIS is a Terrorist Group
'Woke' School APOLOGIZES for Telling Children ISIS is a Terrorist Group
A middle school in New Jersey has been forced to apologize for teaching its pupils that terrorist group...
Biden Visibly Struggles Mid-Speech While Announcing Mass Amnesty
Biden Visibly Struggles Mid-Speech While Announcing Mass Amnesty
President Joe Biden experienced another noticeable malfunction while introducing a new executive action...
Top Obama Fundraiser Ditches Democrats, Backs Trump
Top Obama Fundraiser Ditches Democrats, Backs Trump
A former major fundraiser for former president Barack Obama, who raked in millions for his campaign,...
Another Electric Vehicle Startup Goes Bankrupt, Joins 3 Others in Failed Green Effort
Another Electric Vehicle Startup Goes Bankrupt, Joins 3 Others in Failed Green Effort
Electric vehicle (EV) maker Fisker filed for bankruptcy on Monday after imploding due to its rapid cash...
Biden Hires Anti-Police, Anti-ICE Cross-Dresser as White House Communications Director
Biden Hires Anti-Police, Anti-ICE Cross-Dresser as White House Communications Director
The Biden administration has hired a former Interior Department communications director with a colorful...
LinkedIn Founder Reid Hoffman Terrified Trump Will Come After Him If He Wins Election: 'I'm Concerned'
LinkedIn Founder Reid Hoffman Terrified Trump Will Come After Him If He Wins Election: 'I'm Concerned'
LinkedIn co-founder and major Democrat donor, Reid Hoffman, voiced fears over the prospect of former...
0
What are your thoughts? Click to commentx
()
x

JOIN THE FIGHT!

SIGN UP FOR OUR FREE BREAKING NEWSLETTER STRAIGHT TO YOUR INBOX! 

We don’t spam! Read our Privacy Policy for more info.