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SBF FTX former CEO refutes the idea that he fled to Argentina

Sam Bankman-Fried or SBF, the founder of FTX, has refuted rumors that he's gone to Argentina as the story of his defunct cryptocurrency exchange continues to play out almost in real time on Twitter. Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Crypto exchange FTX US is expanding its no-fee stock trading service to all US users, including non-crypto investors, in a move to expand its customer base and increase assets under custody.

Sam Bankman-Fried or SBF, the founder of FTX, has refuted rumors that he’s gone to Argentina as the story of his defunct cryptocurrency exchange continues to play out almost in real time on Twitter.

On November 12, Bankman-Fried, also known as SBF, stated he was still in The Bahamas in a text message to Reuters. He said “Nope” when Reuters explicitly questioned him about whether he had traveled to Argentina as the reports suggested.

Over the weekend, people speculated on Twitter about whether SBF was on the run after FTX Group, which includes numerous businesses like FTX Trading, FTX US, and Alameda Research, filed for Chapter 11 bankruptcy.

The rumors began when people used the flight tracking website ADS-B Exchange to locate his private plane’s coordinates.

The tracker indicated that SBF’s Gulfstream G450 had arrived in Buenos Aires in the early hours of November 12 after arriving directly from Nassau, Bahamas.

Bankman-Fried apparently has a number of roommates, including Caroline Ellison, the CEO of Alameda Research, who lives with her in a lavish penthouse in Nassau.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.