Why hasn’t Sam Bankman-Fried been arrested yet?
Putting aside the circumstances specific to SBF/FTX (being in the Bahamas, involving crypto, SBF's political connections, etc), there's not much reason to expect that SBF should have been arrested 5-6 weeks after FTX's collapse:<p>- Enron blew up in Dec. 2001. It wasn't until mid-July 2004 that Jeffrey Skilling and Kenneth Lay were finally arrested.<p>- The WSJ expose on Theranos was in 2015, Holmes wasn't indicted until 2018.<p>- Martin Shkreli's MSBM collapsed by 2012; he wasn't indicted until 2015.<p>Bernie Madoff is a notable exception: he was arrested 3 days after his Ponzi was revealed. But it's not comparable at all to SBF's situation: Madoff was arrested after he <i>confessed privately</i> to his own family; his sons immediately went to the police.<p>Whether SBF is getting exceptionally soft treatment will be easier to discern in retrospect, but it might be many months or even years before he's indicted.