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Culture War Roundup for the week of December 12, 2022

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Sam Bankman-Fried has been arrested.

FTX founder Sam Bankman-Fried was arrested by Bahamian authorities this evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange’s collapse.

Bankman-Fried was expected to testify before the House Financial Services Committee on Tuesday. His arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.

There had been some speculation on when and even whether he would be arrested. Just yesterday someone told me to expect it to take two years. So, why right before tomorrow's hearing? And why not wait for him to give more interviews and provide more evidence?

If the USA wants you publicly prosecuted, you shall be publicly prosecuted. The only places you can run to are - Cuba, China & Russia. China wants nothing to do with people like him, and Cuba & Russia might not be much better than the poshest prison cell you can afford.

Russia might not be much better than the poshest prison cell you can afford

What?

Let me clarify. Being an incredibly visible refugee in Russia mid-war might not be much better than the poshest prison cell you can afford.

I can imagine a Snowden style house-arrest.

Any one and everyone you love will probably never be able to see you again. At least prisons have visitation.

Russia will be all too happy to use you as a pawn in a bigger negotiation, which opens you up to prisoner trades and assassination.