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Sam Bankman-Fried’s Timely Arrest Was Not Coincidental, Says U.S. Congressman

U.S. Congressman Tom Emmer doesn’t believe that the arrest of FTX founder Sam Bankman-Fried (SBF) – which allowed him to miss a scheduled congressional hearing on December 13 – was purely due to good fortune. 

Rather, the politician suspects that the arrest was “purposeful,” due to Bankman-Fried’s various connections and information. 

Emmer found his arrest, and opportunity to avoid the hearing, a little too convenient. He believes a range of parties may have wanted to keep him from speaking before congress, including Bahamian regulators. 

“The speed with which this indictment apparently moved at… it’s an unusual speed that it moved at by any account,” said Emmer. “You talk to anyone in the prosecution business. They’ll tell you that this really went in a much faster fashion than most of these that they have ever seen out of the Southern District of New York.”

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