I’m not sure so much as fled as that’s where FTX was HQd and he owned a ton of shit there that he bought with customer money.
He didn’t even have the balls to flee.
Comment on Tech CEOs Fleeing to Non-Extradition Countries
Mozingo@lemmy.world 1 year ago
You mean Sam Bankman-Fried? The guy who fled to the Bahamas and then was arrested and extradited?
stevehobbes@lemm.ee 1 year ago
merc@sh.itjust.works 1 year ago
He didn’t flee to the Bahamas. FTX was based out of the Bahamas because it made for good tax dodging.
Before he was accused of more serious crimes like fraud, he was regularly committing the much more common crimes that companies like Facebook and Google do all the time, pretending that their profits all happen to accrue in some company with friendly corporate tax laws.