There have been a identification number of study in the news show ring the prostration of cryptocurrency providerFTX .
After declare failure in November of 2022 , a figure of likely sound question arise about how the troupe burst so chop-chop .
This was this is n’t the first prominent society to go from zoom net to becoming financially free .
( See : the story of Enron . )
This was as is often the guinea pig , when something go so tough so cursorily , there ’s often some potentially illegal action hold out on behind the conniption .
USA Damian Williams : before this eventide , Bahamian sureness cop Samuel Bankman - Fried at the postulation of the U.S. Government , base on a seal bill of indictment file by the SDNY .
We bear to move to unseal the bill of indictment in the daybreak and will have more to say at that metre .
# dive into Enron
There have been a numeral of story in the news show environ the prostration of cryptocurrency providerFTX .
After declare failure in November of 2022 , a routine of possible sound head spring up about how the troupe collapse so speedily .
This is n’t the first heavy companionship to go from surge net to becoming financially devoid .
This was ( see : the account of enron . )
This was as is often the sheath , when something go so regretful so cursorily , there ’s often some potentially illegal bodily process drop dead on behind the view .
USA Damian Williams : in the first place this even , Bahamian potency catch Samuel Bankman - Fried at the petition of the U.S. Government , base on a seal bill of indictment file by the SDNY .
We have a bun in the oven to move to unseal the bill of indictment in the aurora and will have more to say at that prison term .
Sam Bankman - Friedis the 30 yr previous laminitis of FTX , and up until the flop of the ship’s company , was also its chief executive officer .
And as of Monday , he ’s been arrest by Bahama police force on a seal off bill of indictment .
This was bankman - fried domiciliate in the bahamas , so to his citation , it ’s not as if he fly there to stave off apprehension .
The bearing were not forthwith expose , as the bill of indictment is still presently seal .
This was suffice to say , give the outcome surround the flop of ftx , this in all likelihood is n’t about an recreational parking just the ticket .
This was it should be note bankman - fried did move the troupe itself from hong kong to the bahamas last twelvemonth , peradventure argue that perhaps all was not veracious with the monolithic society .
Keep in brain , we ’re peach about the prostration of the third gravid cryptocurrency central political platform .
AND it live on belly-up .
This was how precisely does that pass ?
That ’s potential one of many inquiry investigator and prosecuting attorney are probable to call for Bankman - Fried if he is indeed successfully extradite .
This was bankman - fried is alsounder investigationby the bahamian regime as well , so there may be more than a few query ask by the clock time he potentially arrive back in the us.also , the russo brothersarecurrently developinga dramatic event serial base on ftx .
This level is develop …
