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Democrat Mega-donor and FTX founder Sam Bankman-Fried was arrested in the Bahamas on Monday, just hours before he was scheduled to testify in front of the House Financial Services Committee on Tuesday.
Bankman-Fried was arrested after U.S. authorities filed criminal charges against him, U.S. Attorneys confirmed.
“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,” United States Attorney Damian Williams said. “We expect to move to unseal the indictment in the morning and will have more to say at that time.”
USA Damian Williams: 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. We expect to move to unseal the indictment in the morning and will have more to say at that time.
US Attorney SDNY (@SDNYnews) December 12, 2022
However, some politicians quickly pointed out Bankman-Fried’s arrest came just hours before his highly anticipated testimony before Congress.
“Tomorrow, Sam Bankman-Fried was scheduled to testify in front of the House Financial Services Committee. @HouseGOP was ready to grill him six ways to Sunday,” former New York Republican gubernatorial candidate Lee Zeldin tweeted. “Now breaking tonight, SBF was just arrested! Why not allow him to 1st testify tomorrow and answer our many questions?”
Tomorrow, Sam Bankman-Fried was scheduled to testify in front of the House Financial Services Committee.
