FTX Facing Criminal Probe by Bahamas Authorities, But Musk Counters There Will Be “No Investigation” Of “Major Democrat Donor” SBF

by Tyler Durden

Monday, Nov 14, 2022 – 04:22 AM

Amid growing speculation of his whereabouts, Bloomberg reports that Sam Bankman-Fried was interviewed by Bahamian police and regulators on Saturday, although Bloomberg was quick to add that in the Bahamas, law-enforcement inquiries don’t necessarily mean someone will be arrested or charged with a crime.

In a separate report, Bloomberg also notes that the Bahamian police said they’re working with the Bahamas Securities Commission to investigate whether there was any criminal misconduct in the collapse of the crypto exchange FTX (narrator: there was).

“In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Ltd., a team of financial investigators from the Financial Crimes Investigation Branch are working closely with the Bahamas Securities Commission to investigate if any criminal misconduct occurred,” a police spokesperson said in a statement Sunday.

To continue from original source; https://www.zerohedge.com/markets/sbf-questioned-bahamas-police-elon-counters-there-will-be-no-investigation-major-democrat

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