March 16, 2023


presumed innocent – Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, was arrested in the Bahamas on December 12. While he was known to be talkative on social networks and with major American media, much to the dismay of the crypto community, his extradition to the United States on December 21 had rendered him rather quiet. However, now on bail in his parents’ residence, Sam Bankman-Fried is back in service, not without further annoying observers.

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Sam Bankman-Fried, new tweets to say he is innocent

Like a refrain, a haunting song that regularly comes up in the news, Sam Bankman-Fried expressed himself on December 30, 2022 on Twitter. Accused of money laundering, wire fraud and securities fraud, the so-called SBF claimed in a new tweet that he was not responsible for the funds recently transferred from Alameda Research portfolios.

The prose of the former CEO of FTX then no longer surprises anyone. The latter declaring himself innocent of this umpteenth accusation and denying that he does not have access to the funds in question.

Tweet from Sam Bankman-Fried explaining his innocence in Alameda Research's wallet crypto moves case
Tweet by Sam Bankman-Fried – Source: Twitter

“(…) I cannot and could not move these funds; I no longer have access. (…) I think it is likely that various legitimate branches of FTX can access these funds; I hope that is what is happening here. If this is not the case, I hope that we will intervene soon to do so. I would be happy to help advise regulators on this, if needed. »

While Sam Bankman-Fried has been released on bail for $250 million on December 24, there are many clues showing that the latter will plead not guilty. Beyond a communication explaining the error and negligenceSBF, still presumed innocent, seems to deny guilt of fraud, as our colleagues from the Wall Street Journal reveal it to us.

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