Former FTX CEO’s Non-public Jet Flies To Argentina

As somebody who is continually monitoring flights by way of Flightradar24 for enjoyable, I at all times take pleasure in seeing what essentially the most tracked flight at any given level is. Nicely, as we speak’s most tracked flight is an uncommon one, as famous by View from the Wing.

Sam Bankman-Fried’s non-public jet flies to Argentina

This week we noticed the collapse of FTX, the second largest crypto change on the earth. FTX CEO Sam Bankman-Fried’s internet value fell from tens of billions of {dollars} to nearly nothing in a single day.

This complete collapse occurred over the previous week, as Binance introduced it will liquidate its holdings in FTX’s FTT coin. Because it turned out, the principle asset held at Bankman-Fried’s buying and selling agency turned out to be their very own coin, they usually had pledged that as collateral for loans. As soon as this data was made public, prospects began withdrawing funds, inflicting a liquidity problem. The corporate has now filed for Chapter 11 chapter.

Everybody at FTX workplaces has allegedly been requested to “evacuate.” Final night time there have been reviews of FTX getting hacked within the Bahamas, with all funds all of a sudden disappearing. Hmmm…

Bankman-Fried lives within the Bahamas, and final night time at round 8:20PM, his 14-year-old Gulfstream G450 with the license plate LV-KEB took off from Nassau Lynden Pindling Worldwide Airport (NAS).

The vacation spot wasn’t initially recognized, however the aircraft climbed as much as 45,000 toes and flew south. A little bit over eight hours later, and after overlaying ~4,300 miles, the aircraft landed in El Palomar, Argentina (EPA), not removed from Buenos Aires.

Bankman-Fried’s non-public jet flight to Argentina

Is Bankman-Fried fleeing to Argentina, or…?

Whereas many sources are reporting that Bankman-Fried fled to Argentina, I haven’t seen any proof that he was truly on the aircraft. It’s totally potential (and even seemingly) he was on the aircraft, and the timing actually provides up, by way of what simply occurred and him probably desirous to get out.

Then once more, there’s an extradition treaty between the US and Argentina, in case that turns into a problem. For what it’s value, his non-public jet appears to make fairly just a few journeys to Argentina. Under is the current information for the aircraft, per Flightradar24.

Latest flights for LV-KEB Gulfstream G450

Backside line

With FTX having collapsed, the corporate’s founder and former CEO Sam Bankman-Fried’s non-public jet simply flew in a single day from the Bahamas to Argentina. There’s not way more data past that as of now, although it’ll be fascinating to see how this performs out.

What do you make of this G450 flight from the Bahamas to Argentina?

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