FTX founder SBF was spotted at the airport with FBI agents just three days after he was released on personal bail.
New footage of FTX founder awaiting trial
Sam Bankman-Fried, the man behind FTX, was recently caught in the Bahamas. He arrived in New York from the Bahamas on December 21 and appeared in court on December 22. Here he was released on bail with a “personal bail bond”. While SBF eventually escapes a $250 million bail sentence, the community continues to publicly monitor his every move.
The new footage shows the released SBF just three days later in the John F. Kennedy International Airport lounge with FBI agents. According to the primary source, SBF is accompanied by his parents, FBI agents and lawyers.
One of my followers spotted SBF chilling at JFK airport last night and snapped some icon photos pic.twitter.com/0Lg6OdqZz8
— litquidity (@litcapital) December 23, 2022
Other footage shows SBF sitting next to an executive dressed in a suit and disguised as a beret on an American Airlines flight.
The footage rekindled the controversy when it was viewed like this, despite SBF’s statement that he did not have access to his laptop and mobile device. On December 9, the SBF said, “Professional or personal, I still don’t have access to most of my data. So there is a limit to what I can say. I won’t be as helpful as I want.”
1) I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won't be as helpful as I'd like.
But as the committee still thinks it would be useful, I am willing to testify on the 13th. https://t.co/KR34BsNaG1
— SBF (@SBF_FTX) December 9, 2022
Some also wondered how SBF was able to afford first-class tickets during FTX’s bankruptcy proceedings. Someone on Twitter said, “Great to see that client funds are still being put to good use!” he wrote.
New allegations about FTX and the bankruptcy process
A court filing dated November 21, which we cite as Kriptokoin.com, shows that FTX paid $12 million in advances to bankruptcy lawyers as security for payment of fees and expenses during Chapter 11 bankruptcy proceedings. Law firm S&C received $12 million from West Realm Shires on behalf of FTX for legal services. Additionally, the filing confirmed that since August 26, FTX has paid approximately $3.5 million to S&C.
According to sources, FTX paid at least $15.5 million for S&C’s legal services. The filing also revealed that S&C held $9 million of the $12 million amount. After a series of payments, FTX filed for bankruptcy on November 11. This was accompanied by the resignation of CEO Sam Bankman-Fried. As a result of the crypto exchange’s subsequent shutdown, FTX investors lost access to funds stored on the exchange.
SBF is about to return to luxury life
SBF is gearing up to get back to her life of luxury after she was released on December 23 for $250 million. This raises many questions and resentment among aggrieved investors.
According to the eviction agreement made on December 22, no cash deposits were required in court. But the collateral terms indicate that Bankman-Fried’s parent’s five-bedroom house in Palo Alto will be used as collateral for $250 million.
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