The Momentary Arrest of Former FTX CEO Sam Bankman-Fried (SBF) it can be attributed to the efforts made by the crypto community to assist in investigations and track down the whereabouts of the infamous businessman. While SBF finally escaped prison time via $250 million bailthe community continues to monitor his every move publicly.
Just three days after being released on a personal recognition bond, a member of the crypto community reportedly spotted SBF โchillingโ in a lounge at John F. Kennedy International Airport. Supporting images were shared on Twitter by @litcapital, showing SBF sitting in an armchair with access to a laptop and mobile phone.
Based on the images, other community members confirmed that the SBF location was the Greenwich Lounge (Business Class) in American Airlines Terminal 8. According to the main source, SBF was accompanied by their parentsFBI agents and lawyers.
One of my followers saw SBF chilling at JFK airport last night and took some iconic photos pic.twitter.com/0Lg6OdqZz8
- liquidity (@litcapital) December 23, 2022
Later images showed SBF on an American Airlines flight disguised in a beanie and sitting next to a suit-suited executive.
brother became gary vee pic.twitter.com/YdX49YaXMm
โ frederik.eth (@bganpunk) December 23, 2022
The images reignited discussions about how SBF saying Maxine Waters, Chair of the United States House of Representatives Committee on Financial Services, who did not have access to her personal or professional data despite having access to her laptop and mobile device.
In addition, some also wondered how SBF was able to pay for business class tickets in the midst of FTX's bankruptcy proceedings. "It's great to see that client funds are still being put to good use!" said a member of the community.
Related: Judge Withdraws From SBF-FTX Case Citing Husband's Law Firm Advice Link
A recent court filing revealed that the defunct cryptocurrency exchange FTX paid a $12 million advance to Sullivan & Cromwell LLP (S&C) just before filing for Chapter 11 bankruptcy.
As of August 26, 2022, FTX has made nearly $3.5 million in payments to S&C to take advantage of its legal services.
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