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Sam Bankman-Fried Arrested In The Bahamas, Set For 'Prompt' Extradition After US Files Charg
• Zero Hedge - Tyler DurdenUpdate (8:35pm ET): According to the NYT, the charges against SBF which in an indictment which will be unsealed on Tuesday included wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy and money laundering. Of course, SBF should also be charged for talking too damn much and adding 15 years to his sentence by being a megalomaniac sociopath, but we'd take attempted bribery of the entire Democratic Party instead.
A lawyer chimes in, pointing out that according to federal sentencing guidelines, SBF could be looking at approximately 612,000 years in prison.
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. pic.twitter.com/WrAWfhCelP
— Wendy Peffercorn (@SandLot84) December 12, 2022
JUST IN: Sam Bankman-Fried "could be looking at life in prison" if convicted. pic.twitter.com/3hxOqW3xS1
— Watcher.Guru (@WatcherGuru) December 13, 2022
And since SBF was the only person charged in the indictment, it appears that we were right when we said that his co-worker (and former lover) Caroline Ellison would roll on him (see "Alameda's Caroline Ellison Spotted In NY Amid Speculation She Is About To Roll On SBF After Hiring Iconic Clinton Lawyer").
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Just hours after refusing to attend a Senate hearing on his role in the collapse of FTX, Sam Bankman-Fried has been arrested by The Royal Bahamian Police Force, according to a statement from the Attorney General of The Bahamas Sen. Ryan Pinder KC.