Based on the images, members of the crypto community confirmed that the location of SBF was the Greenwich Lounge (Business Class) in American Airlines Terminal 8.
The temporary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to efforts by the crypto community to facilitate investigations and trace the whereabouts of the notorious entrepreneur. While SBF eventually escaped prison on $250 million bail, the community continues to publicly watch his every move.
Just three days after being released on bail, a member of the crypto community reportedly spotted SBF “chilling out” in a lounge at John F. Kennedy International Airport. Supporting footage was shared by litcapital on Twitter showing SBF seated on a lounge chair with access to a laptop and cell phone.
Found Sam Bankman-Fried in the JFK airport lounge. Source: Twitter
Based on the photos, other members of the community confirmed that SBF’s location was the Greenwich Lounge (Business Class) in American Airlines Terminal 8. According to the main source, SBF was accompanied by his parents, FBI agents and lawyers.
Later footage showed SBF on an American Airlines flight, dressed in a cap and seated next to a costumed manager.
The footage reignited discussions about how SBF Maxine Waters, chair of the US House of Representatives Financial Services Committee, revealed that although he does have access to his laptop and mobile device, he does not have access to his personal or business information.
In addition, some have also wondered how SBF was able to afford the business class tickets amid FTX’s bankruptcy proceedings. “It’s nice to see that customer funds are always put to good use!” said a member of the community.
See Also: Judge Backs Out of SBF-FTX Case, Citing Advice Link From Husband’s Law Office
A recent court filing revealed that former crypto exchange FTX had paid a $12 million advance to Sullivan & Cromwell LLP (S&C) shortly before filing for Chapter 11 bankruptcy.
As of August 26, 2022, FTX has made nearly $3.5 million in payments to S&C to benefit from their legal services.