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bhaskara2 | 3 years ago

Arrested by UN? Genuinely curious

discuss

order

Animats|3 years ago

Richmond, CA police department. Alameda Research HQ is at 5327 Jacuzzi St Ste 1c, Richmond, CA 94804. Since they were apparently the recipient of the money, and he's apparently the principal beneficiary of all this, that's where to start. Mr. Bankman-Fried may not physically be there, but they have jurisdiction.

Once there's an arrest warrant, getting away becomes much more difficult.

dvt|3 years ago

You're conflating FTX.us (which is regulated) and operates in the USA, and FTX global (where all this chicanery happened) and is located in the Bahamas.

With that said, the SEC is already also investigating any potential links between the two entities. I don't think they'd be stupid enough to cross those wires, but you never know.

reso|3 years ago

SEC often asserts jurisdiction over anything where American domiciled investors have suffered a large loss. That bar will definitely be met here.

colinmhayes|3 years ago

The entire point of FTX is that Americans were barred from using it. Now Americans certainly ignored that rule by using vpn’s, but I’m not sure that gives the sec jurisdiction. The Americans using the exchange were explicitly breaking the TOS

criddell|3 years ago

SBF says US customers are not affected by this.

> This was about FTX International. FTX US, the US based exchange that accepts Americans, was not financially impacted by this shitshow.

> It's 100% liquid. Every user could fully withdraw (modulo gas fees etc).

https://twitter.com/SBF_FTX/status/1590709195892195329

chollida1|3 years ago

> SEC often asserts jurisdiction over anything where American domiciled investors have suffered a large loss. That bar will definitely be met here

Thankfully for Sam, US investors are banned from FTX and must use FTX.US which so far has not been linked to any of this.

So its going to be very hard to show US investor harm given that they are all banned from using it by US law.