Cryptocurrency: Noting The Carnage

[grarpamp]

SBF has been arrested by the Bahamas while apparently
no legal process has called for it, they literally just kidnapped
him because someone somewhere filed charges and dreamed
that they might request a body someday...


https://www.bahamaspress.com/statement-from-the-attorney-general-of-the-bahamas-sen-ryan-pinder-kc-on-the-arrest-of-sam-bankman-fried/

Statement from the Attorney General of The Bahamas
Sen. Ryan Pinder KC on the arrest of Sam Bankman-Fried

   Dec 12, 2022

   On 12 December 2022, the Office of the Attorney General of The Bahamas is
   announcing the arrest by The Royal Bahamas Police Force of Sam
   Bankman-Fried (“SBF”), former CEO of FTX.

   SBF’s arrest followed receipt of formal notification from the United
   States that it has filed criminal charges against SBF and is likely to
   request his extradition.

   As a result of the notification received and the material provided
   therewith, it was deemed appropriate for the Attorney General to seek
   SBF’s arrest and hold him in custody pursuant to our nation’s
   Extradition Act.

   At such time as a formal request for extradition is made, The Bahamas
   intends to process it promptly, pursuant to Bahamian law and its treaty
   obligations with the United States.

   Responding to SBF’s arrest, Prime Minister Davis stated, “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."