By: Andrew C. McCarthy – nationalreview.com – December 13, 2022

I confess to being perplexed by the arrest of Sam Bankman-Fried on Monday night.

I’m not perplexed by the fact of it — as Rich Lowry and I discussed in recent episodes of The McCarthy Report, when billions of dollars in investor funds go poof, the Justice Department routinely files charges, so it would be surprising if there were not an indictment in SBF’s case. Moreover, the Biden administration’s progressive regulatory enthusiasts, very much including those on Gary Gensler’s Securities and Exchange Commission, have been spoiling for an opportunity to end crypto’s free-wheeling, Wild West era. Although, to my mind, FTX …

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Source: The Curious Timing of Sam Bankman-Fried’s Arrest | National Review