What about the rest?

1st Domino falls …

Hat lifted to Comrade Attorney General Ryan Pinder (AG) with the arrest development former FTX CEO Sam Bankman-Fried.

Tis right step the Bahamas reclaim some semblance of pride in spite of the the political message it sends others based locally.

But if arrested under same extradition law as Robert Vesco, well, going send his team lawyers scrambling to study if his turnover to US authorities **will again be judged as an unlawful arrest,** -- Yes?

Lol. This had **nothing** to do with what the Bahamas initiated or wanted to do. Left to them, Sam would have lived in obscurity for decades. They don't want FTX in the headlines. The evidence gathered, the indictment and arrest were the work of the US justice department. Our police dept didnt even interview the man till it was embarrassingly obvious that they hadn't interviewed him

Guess he's no Robert Vesco.

@Comrade Bonefish, Robert Vesco, got arrested in his office at his Vesco owned bank.

The Commonwealth Bank of Bahamas which may have after lots scrubbing, went on eventually resurface as BOB.

Vesco's extradition to US got refused by Bahamian Magistrate E E Osadebay.

And. Vesco, only dished about the grand sum $25 million in total during his stint in the Bahamas.

But sandwiches pocket change for Comrade Sam, -- Yes?

…. extraction by Black Hawk is Option 2 … don’t mess with the 🇺🇸!

Correction: The Vesco owned bank was **Bahamas Commonwealth Bank**--- Yes?

Charges not listed..

Alameda not arrested. Because they had data and his is held hostage?

Did the US send for Izmirlian ever?

Autism in Fox Hill? You gave regs for Sheldon to manage $32B and expected nothing to go wrong? I would've just forced him to be real and finish our Google campus (possibly needs to be through another company now). Not like we get credentialed and capable finance folks often. We're certainly short of IVY league professors as well.

Feel like I'm witnessing a grand theft of FTX like Baha Mar.

Wire fraud, money laundering.

Anyone on the SCB board who was also on the board during the reign of FTX needs to resign. Immediately. And I realize that some of them may be qualified good people. Post them elsewhere. This cannot be left to stand. The govt has waited too long to act on everything hoping the story would go away. It wont. He's charged with wire fraud and money laundering in this NEW industry that we lauded to the world and "nobody" had a clue??? Nobody realized he was investing funds for Bahamians? Nobody knew he was offering 12% interest to local banks for **cash** a full year ago?? Nobody thought that was strange?? Nobody knew he didn't have a certified Risk Manager on staff. It was the first question I asked when news of what happened broke and I'm no fin as nce expert but **nobody** knew? Nobody knew billions in CASH was being moved around from bank accounts that had customer funds??? **Sorry, The Bahamas cant assume the Pontius Pilate position, somebody was grossly negligent**. Brave Davis needs to start taking his duties as finance minister seriously. He cannot abdicate his responsibilities to the FS. He needs a team of qualified experts unafraid to speak truth advising him if we're to get anywhere. This makes us look extremely incompetent

This is going to get very bad for the Bahamas as the news of what "wasnt" done gets laid out in court in embarrassing detail. I wonder if any Bahamain officials will have to testify

And for Gods sake let noone start talking about crypto being so complex who could possibly have known. This story is ALL about governance, govt oversight and monitoring the movement of cash. Elements common to every business.

I wonder if someone at the firm out-Sammed Sam? He's a day trader who hit it big taking big risks

And to think of all the stress and costs associated for Bahamians who have to dance through the Know Your Client crap to get $10k wired to them. All the while, this joker moves around millions and billions of dollars like nothing. Makes you wonder, is there is justice anywhere? Or, just for the rich?
We'll watch the same two tiered justice system work here when the rest of the crap hits the fan.

I dont wish this on us, but maybe if there was a global class action lawsuit against the SCB for derelection of their fiduciary duty, people would stop treating these board appointments as political candy. ALL board memberships are for thinking, analytical strategic people with relevant experience, not your friend who used to be the lunch lady and was great support during the election campaign. (General statement, not saying the lunch lady was on the SCB board)

Now it gets interesting. He will probably cooperate to reduce his sentence. Get ready for some juicy revelations...

This has the earmarks of an organized money laundering scheme that had the full approval and protection of government.

His arrest hours before he was to testify is perfectly timed. The Challenger 300 jet that arrived last night direct from Burbank, right near Maxine Waters office, is questionable. Who was on that plane?

Who benefited from the charitable contributions made by FTX? Who benefited from the real estate transactions?

Once again The Bahamas was sold out. Hopefully the right honourable people involved will be caught. Ask yourself why didn't The Bahamas arrest SBF when they had the chance? The explanation from the AG (he doth protest too much) doesn't make sense, he knew the Americans would come and SBF would've been a nice token to trade.

Keep questioning the SandDollar and BlueCarbon contracts before the entire country is sold out from underneath you.

I'm old enough to recall how Investors Overseas Service and Robert Vesco ROBED Bahamans, it's as if the Bahamas attracts these types

Correction....... It's how the PLP attracts this type of vermin to suck their juice out of them.

Get it right ........ 🤬🤬