Sam Bankman-Fried is ‘under supervision’ in Bahamas and is escaping to Dubai

Sam Bankman-Fried and two former FTX colleagues are reportedly presently “under surveillance” by Bahamian authorities.

Sam Bankman-Fried, who used to be the CEO of FTX, Gary Wang, who helped start the company, and Nishad Singh, who was in charge of engineering, are thought to be in the Bahamas and “under the watch” of the local authorities.

According to a person with knowledge of the situation, the three former FTX executives and Alameda Research CEO Caroline Ellison are attempting to leave for Dubai. While the strategy was developed on the assumption that the United States “does not have any extradition treaties” with the UAE, the two countries signed a mutual legal assistance treaty (MLAT) on February 24, 2022, in an effort to combat crime.

“Currently, three of them, Sam, Gary, and Nishad, are under monitoring in the Bahamas, making it difficult for them to escape,” claimed a source who requested anonymity. Additionally, the insider said that Ellison is now in Hong Kong, adding that “she may be able to go to Dubai.”

However, community member coinbureau quoted a U.S. government source to clarify that FTX members trying to enter Dubai would be held at the airport and immediately returned to the United States.

During a 16-hour Twitter Area hosted by The Crypto Roundtable Show’s Mario Nawfal, a guest speaker claimed that they had seen Bankman-Fried “in a closed space” with officials at Albany Tower, a premium resort on New Providence in The Bahamas.

According to an unproven story, Bankman-Fried is presently accompanied by his father, Joseph Bankman. On November 10, rumours circulated that Bankman-Fried had been detained on the runway at The Bahamas Airport, despite evidence indicating that Bankman-private Fried’s plane had been stalled for forty minutes while route to Miami from Nassau.

After Twitter users followed the whereabouts of his private aircraft using the flight monitoring website ADS-B Exchange, speculations circulated on November 12 that Bankman-Fried had arrived in Buenos Aires during the early morning hours.

In a text message sent to Reuters later in the day, Bankman-Fried rejected rumours that he had fled to Argentina, stating that he was still in The Bahamas.

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