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Aspiring Crypto Detectives Converge in Bahamas to Search for SBFs

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Following the collapse of cryptocurrency exchange FTX, Crypto Twitter influencers are converging on the Bahamas in search of former CEO Sam Bankman-Fried.

The now-bankrupt exchange has been based in the Bahamas since September of last year and operates out of a luxury penthouse at Albany Resort, a gated community located on the island of New Providence. The neighborhood is now the target of impromptu investigations ostensibly on behalf of the crypto community.

Ben Armstrong, who runs a popular YouTube channel called Bitboy Crypto, posted a live broadcast of himself walking on resort property, where he was eventually turned away by staff.

Armstrong has gone to other places on the island to try to meddle more. He posted a video of himself at a residence where the Washington Post reported that SBF’s parents owned property.

Armstrong did not immediately respond to a request for comment from decipher.

More influencers are on the way to see what information they might uncover. youtuber gabriel haineswho has posted multiple viral rants about the calamity surrounding SBF and FTX on Twitter, successfully funded $10,000 to fly his family to the Bahamas.

haines said decipher He’s currently on his way to the island, and while he’s not sure he’ll be able to find SBF, he hopes his videos can bring some relief to a community still reeling from the rapid shutdown of one of the largest and most popular cryptocurrencies. exchanges

“I want to create good, fun content that people enjoy,” he said. “People will have lost a lot of money on this, and I’ve gotten so many messages from people, how they’ve felt so much better watching my videos about SBF and the whole collapse.”

The funds for Haines’ trip were raised through the Juicebox website, a protocol that allows people to donate Ethereum to certain projects. More than 60 payments were made on Juicebox for “Send Gabriel Haines to the Bahamas”, and it is currently the top trending project on the platform.

Haines said he became aware of the crypto community’s interest in sending it to the Bahamas after seeing a poll posted by a Twitter user in which 75% of 2,000 respondents agreed they should raise funds.

He added that the page on Juicebox was launched by another user independently after Haines said it would cost him around $10,000 to go to the Bahamas, and that ownership of the project was transferred to his wallet after it had already gone live. .

“I think something very unique happened because I don’t know how often content creators get funded to go to particular places to create content,” he said.

The crowdfunding effort was started by Joseph Schiarizzi, who goes through @CupOJoseph on Twitter and said decipher he was compelled to make the page after seeing a consensus form about sending Haines to the Bahamas. “If CT wants it, we’ll build it,” he said.

Schiarizzi set up the project in a way that rewarded contributors of .1 Ethereum or more with an NFT that he quickly crafted in Microsoft Paint, which added a magnifying glass and a Sherlock-style cap to Haines’ Twitter profile photo. He said the entire effort took him less than an hour to launch.

He anticipated that it could take up to two weeks to reach the $10,000 goal, but Schiarizzi was surprised to see that the goal was reached in less than a day. “I can’t believe how excited everyone was,” he said.

Referencing Armstrong’s decision to go to the Bahamas, Haines said it fills a need for information about what’s going on and addresses some of the frustrations in the crypto community.

“I understand why he’s doing it,” Haines said. “It seems that there is no authority that really cares about him.”

In the aftermath of Bitboy’s misadventures, flying to the Bahamas to hunt down SBFs has become something of a meme on Crypto Twitter, with many claiming to join the party.

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