The FTX Collapse Is So Egregious That Even the Bahamas Are Investigating

That's almost... impressive.

Of course, SBF's detainment doesn't necessarily mean that he'll actually be charged with anything. But still, the fact that Bahamian forces have taken any mitigating steps is a pretty impressive marker of just how badly FTX blew it. Along with its global reputation as a tax haven, the island nation has a long history as a top money laundering locale, and has more recently moved toin a major way. If you're going to get into any web3 sketchiness, the Bahamas are the place to be.

This development also comes amid a flurry of rumors regarding the fallen figure's alleged plans to flee. Though the widely-circulated theory that SBF had hopped a plane to Argentina was debunked (when

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