Rumors indicate FTX CEO has traveled to Argentina

Sam Bankman-Fried, founder of FTX, stepped down as CEO Friday (11) after his brokerage firm filed for bankruptcy. Now rumors indicate that the former billionaire would have traveled from Nassau, the capital of the Bahamas, to the airport of El Palomar, Argentina in the early hours of Saturday (12).

The flight of the Gulfstream G450 jet, which could bring SBF to Argentina, was most closely monitored on Flightradar24, a system that tracks planes from around the world in real time.

Even Elon Musk, who was still following such monitoring, offered money for a 19-year-old to stop monitoring his flights. But such a Twitter bot, called ElonJetcontinues to follow the richest man in the world.

Users escort plane leaving the Bahamas that may have an FTX CEO on board

Returning to the case of Sam Bankman-Fried, a flight from the Bahamas to Argentina was the most controlled this Saturday morning (12). After all, many believe that the founder of FTX would have reason enough to be aboard this plane.

“The most tracked flight at the moment. According to tweets, the founder and former CEO of
FTX is on its way to Argentina after the collapse of FTX earlier this week.”

According to a preserved version of the Bloomberg Billionaires Index, Bankman-Fried was once one of the richest men in the world, at $16.5 billion. However, he managed to lose his fortune in less than 24 hours with the collapse of FTX.

Bloomberg points out that FTX’s Sam Bankmand-Fried is no longer a billionaire and lost $14.6 billion in 24 hours.

SBF would have more reason to flee, just like Do Kwon of cryptocurrency Terra (LUNA). After all, the failure of FTX should have serious consequences for the 30-year-old who is behind last week’s cryptocurrency crash.

SBF was on the plane to Argentina?

Other sources indicate that it is unlikely that the former FTX CEO was on board this aircraft. They argue that the aircraft is owned by Emes Air and that it would carry people associated with its other company, Grupo Emes.

Moving on, they also note that the founder of this group is doing business in Argentina, having brought his executives to the Bahamas last Saturday (5). Therefore, the plane would carry such people – not Sam Bankman-Fried – back to Argentina.

Finally, the monitoring of this flight shows that the community is alert to the movements of SBF. After all, both LUNA founder Do Kwon and the founders of Tree Arrows Capital (3AC) disappeared this year after scamming investors.

When asked by Reuters if he would be on the plane, SBF replied with a simple “no”, stating that he is still in the Bahamas.

Source: Live Coins