Former CEO Sam Bankman-Fried of the collapsed cryptocurrency exchange FTX has been arrested in the Bahamas. The United States has filed criminal charges against Bankman-Fried who is likely to be extradited back to the country. NTD spoke to author and economist Jeffrey Tucker, who is the founder and president of the Brownstone Institute, for analysis on the timing of Bankman-Fried’s arrest, possible cover-ups, and a representative’s response. Tucker alleges now that Bankman-Fried is under prosecution by the U.S. government, he can just plead the 5th and be off the hook for questioning. Furthermore, Tucker postulates the whole company, in the first place, was set up expressly to launder money to lockdown-sympathetic institutions.
Jeffrey Tucker Analyzes Bankman-Fried’s Arrest: Pleading the 5th, Cover-Ups, FTX Money Laundering
By Kevin Hogan
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