Skip to main content

Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas

Flight Radar Report Shows FTX Co-Founder's Private Jet Flew to Argentina, SBF Says He's Still in the Bahamas

According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the flight, a number of people suspected someone from SBF’s inner circle did fly out of the Bahamas. The former FTX CEO, however, texted Reuters after the flight report, and told the news outlet he did not leave the Bahamas.

Former FTX CEO’s Private Jet Embarks to Argentina, SBF Claims He Remains in the Bahamas

The former FTX CEO and frontman, Sam Bankman-Fried (SBF), has been under the spotlight all week after his exchange, which was once worth $32 billion, shuddered and filed for bankruptcy protection.

Following the bankruptcy registration in Delaware, FTX US users started to complain about withdrawal issues. Then reports on Nov. 12, at around 3:00 a.m. (ET) indicated that FTX wallets may have been hacked. Some of the funds were sent to Kraken and Kraken’s chief security officer, Nick Percoco, told the public they have identified the user.

Interestingly, roughly around the same time, people started to notice FTX wallets were getting drained, Flightradar24’s official Twitter account tweeted about the most tracked flight at around 3:33 a.m. on Nov. 12, 2022.

“Most tracked flight right now,” Flightradar24 wrote. “According to tweets, the founder and former CEO of [FTX] is en route to Argentina after the FTX collapse earlier this week.”

Some observers of the Flightradar24 tweet, like the popular whistleblower Fatman, did not like Flightradar24’s statement. “Shouldn’t be tweeting this. Zero confirmation or evidence of this being SBF,” Fatman replied to Flightradar24’s tweet.

While the radar report does show SBF’s private jet did embark to Argentina, there’s no way of telling who was on the trip without the official flight logs. Following the speculation, the news publication Reuters published an article that said SBF did not leave the Bahamas.

“When asked by Reuters whether he had flown to Argentina, Bankman-Fried responded in a text message: ‘Nope.’ He told Reuters he was in the Bahamas,” the article’s author explained.

What do you think about the tweet from Flightradar24 and the following report from Reuters that says SBF claims he is still in the Bahamas? Let us know what you think about this subject in the comments section below.



from Bitcoin News https://ift.tt/J8oxv4i
Labels:

Comments

Post a Comment

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...
Post a Comment
Read more

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...
Post a Comment
Read more

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...
Post a Comment
Read more