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vintagebat t1_j003epp wrote

Reply to comment by Bright-Ad-4737 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon

There’s a really good chance he wasn’t just in the Bahamas on vacation.

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Bright-Ad-4737 t1_j00a25m wrote

The company was headquartered there. If he was trying to evade the US authorities there, it was a pretty dumb move because the Bahamas has an extradition treaty with the US.

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vintagebat t1_j00b1er wrote

Bahamas is a huge tax shelter. I’m going to guess he’s been treated with kid gloves so much, he thought he was only going there to avoid taxes.

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Bright-Ad-4737 t1_j00d560 wrote

Of course he would have avoided taxes, there are no taxes on income or capital gains for citizens and residents in the Bahamas. It's not really "kid gloves", everyone gets that treatment there.

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vintagebat t1_j00egln wrote

I meant more by the US DOJ, who up until now has been letting him walk free.

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