SBF’s Arrest Is a Positive For the Crypto Ecosystem

This week, the crypto world rallied over one event: the arrest of Sam Bankman-Fried (or SBF), former CEO of the fallen FTX crypto exchange.

After neglecting to make an in-person appearance at a House committee hearing on Wednesday, SBF was arrested in the Bahamas.

Facing charges that include wire fraud, securities fraud, and money laundering, the arrest is a necessary step in cleansing crypto’s house of bad actors… and one that could lead to crypto-appropriate regulation, accountability, and transparency.

As we wrote this week, the decentralized nature of crypto has all those attributes and more… But SBF and centralized crypto entities like FTX need to face the consequences for removing that from the equation to fuel their greed.

Until that happens, we’ll continue to focus on following the fundamentals… and crypto remains the strongest asset class in terms of security, technological capability, and transparency.

Why This “Ticking Time Bomb” Could Be a Safe Play in 2023 2022’s rapid interest rate hikes made for a terrible year for bond investors… But going forward, we see opportunity.

---

She Left a Seven-Figure Career to Expose Financial Corruption It’s no secret that much of Wall Street serves the interests of an elite few. Here’s where that money is flowing…

---

My Top Way to Profit From the Future of the Internet When the future of the internet comes to a head, everyday investors will collect the profits…

---

Turn Patience Into Profits With This Boring Strategy Focusing on the boring, long-term investments will keep your wealth secure in the long term…

---

The Fed Coin Is Here Here’s what a massive development at the Fed means for you and your money in the year ahead…

---

Regards,

Chaka Ferguson
Editorial Director, Palm Beach Daily