Caribbean News
Ignorance or Corruption; only court can judge SBF
By Dana Malcolm
Staff Writer
#USA, December 26, 2022 – Sam Bankman-Fried has landed in the United States after agreeing to be extradited and faced US courts on Thursday. Since the beginning of the collapse of FTX the founder and former CEO had maintained his innocence.
In twitter posts in the immediate days after the collapse when thoughts of a hack were still floating around and the public was yet to learn of the extent of mismanagement he had said,
“I’m piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week. I will, soon, write up a more complete post on the play by play, but I want to make sure that I get it right when I do.” he added “My goal—my one goal—is to do right by customers.— I’m meeting in-person with regulators and working with the teams to do what we can for customers. And after that, investors. But first, customers.”
He detailed his own version of what had happened on twitter. SBF presented the issue in its simplest form, as basically the company being overdrawn, with more money leaving its coffers than was supposed to. Seemingly contrite, he has consistently claimed innocence and ignorance about the massive mistakes that were made at his own company, but emphasized that he was doing everything to get his customers their money, making statements like this.
“I was on the cover of every magazine, and FTX was the darling of Silicon Valley. We got overconfident and careless— I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected. Which made it that much more destructive when I did. I’m sorry. Hopefully people can learn from the difference between who I was and who I
could have been— Anyway — none of that matters now. What matters is doing the best I can. And doing everything I can for FTX’s customers.”
He maintained that even his extradition was for the benefit of his customers. Through his twitter posts Bankman-Fried is portraying himself as the picture of remorse. It’s at odds with the revelations of the Congressional hearing on December 13th which new CEO John Ray III attended. Ray shared incredible mismanagement and next to no protection of customer funds painting a picture of cross company trading and other gross negligence that should never have happened. Bankman-Fried did not mention the gaping holes in company policy or record keeping in his numerous twitter posts.
Al Green, Chairman of Subcommittee on Oversight and Investigations and Panelist in the congressional hearing on FTX’s collapse said this
“Mr. Bankman-Fried has pretty much indicated that he just made a big mistake and that he was doing the best that h could to be a servant of a great service to humankind.” referencing SBF’s impressive background in schooling he said “It looks to me like there may be some maleficence here– I find it hard to believe we are dealing with conscientious stupidity. It seems to me that you have to be really talented to do all of these things to the extent that they were done and to do them successfully for as long as he was able to accomplish these things. They just don’t emanate from ignorance and stupidity.– it just seems to me that we are dealing with more than sincere ignorance.”
He put the question to Ray who said they were still investigating and would have more information at a later date.
As for Bankman-Fried, whether his hands are clean or he is pulling off the con of the century will be up to the US Justice system to find out, at least two other executives have plead guilty to criminal charges.
Caribbean News
Liberty Caribbean Supports Regional Forum on AI, Cyber Resilience and Digital Inclusion
Port of Spain, TRINIDAD & TOBAGO (February 24, 2026) — Liberty Caribbean, the operators of Flow, Liberty Business and BTC, recently served as Gold-Level Partner of the two-day Trinidad and Tobago Internet Governance Forum (TTIGF), themed “The Innovation Paradox – Balancing Progress with Responsibility and Resilience”.
The Digital Divide is of particular interest to Liberty Caribbean and is being addressed through its Charitable Foundation across the region. Low broadband penetration in the Caribbean contributes to diminished opportunities for individuals, communities, and local economies, but with the support of funding partners, this gap can be addressed through a comprehensive programme – JUMP – that focuses on providing access, devices, and digital skills.
“Liberty Caribbean was proud to serve as Gold-Level Partner of the TTIGF because the conversations taking place here shape key digital
policies for multiple stakeholders,” said Simone Martin-Sulgan, Vice President and General Manager, Flow Trinidad.
“As technology accelerates at an unprecedented pace, we must ensure that innovation strengthens our societies rather than fragments them. The theme, ‘The Innovation Paradox – Balancing Progress with Responsibility and Resilience,’ speaks directly to the work we do every day: building networks that are not only fast and reliable, but secure, inclusive and future-ready.”
Across the Caribbean, the digital divide remains one of the most pressing barriers to equitable growth. Low broadband penetration limits access to education, entrepreneurship and essential services, and that is why we are deeply committed to closing this gap.
Through the Liberty Caribbean Charitable Foundation and initiatives like the JUMP Programme, the company is expanding access to technology, affordable connectivity and digital skills training so that individuals and communities are empowered to participate fully in the digital economy.
Martin-Sulgan further stated “at Liberty Caribbean, we believe progress and responsibility must move in lock step. By investing in resilient networks, inclusive programmes and trusted partnerships, we are helping to build a Caribbean that is innovative, secure and prepared for the opportunities ahead.”
Topics covered during the Forum, with over 140 participants, included “Securing Critical Infrastructure”, Integrating AI into Digital Transformation”, “The Digital Divide”, The Human Cost of Innovation – Mental Health and Well-being in the Digital Age’, and AI, Cyber Resilience and Regional Innovation”.
Focused on the underlying mandate of the Conference theme thought leaders, innovators, policymakers, technologists, researchers, and community stakeholders were invited to explore how countries can evolve boldly without compromising values or long-term stability.
Photo Caption:
TTIGF – l-r Darren Campo, Regulatory & Compliance Officer; Yolande Agard-Simmons, Senior Manager Communications; and Kevon Swift, Senior Manager Government and Regulatory Affairs of Flow Trinidad in attendance at the Post Event Mixer at Caribbean Telecommunications Union’s Head Office in St Clair, Port of Spain
Barbados, February 12, 2026 – Prime Minister Mia Amor Mottley was this afternoon officially sworn in for a third consecutive term, hours after delivering one of the most emphatic election victories in Caribbean political history — another complete capture of all 30 seats in Barbados’ House of Assembly.
The ceremony, conducted by President His Excellency Lt. Col. The Most Honourable Jeffrey Bostic, marked the formal start of a new
administration following the February 11, 2026 general election, which returned the Barbados Labour Party (BLP) to power with a renewed and overwhelming mandate.
In a statement after taking the oath, Mottley said she accepted the responsibility “with humility and resolve,” thanking the people of Barbados for placing their trust in her leadership once again and urging national unity as her government begins its new term. Attorney Wilfred Abrahams was also sworn in as Attorney General.
The result is historic not only for its scale but for its consistency. This is the third straight general election in which the BLP has won every constituency, reinforcing Mottley’s dominance in national politics and extending an unmatched era of one-party control in the modern democratic period.
Voting day unfolded under the watch of a CARICOM Election Observation Mission, led by Antigua and Barbuda’s Supervisor of Elections Ian Hughes and supported by senior electoral officials from Belize and Jamaica. The team engaged key institutions ahead of the poll and monitored the process across the island.
Regional leaders were swift in their congratulations.
Guyana’s President Irfaan Ali described the outcome as “emphatic and historic,” saying the clean sweep reflected how deeply Mottley’s
leadership has connected with Barbadians and expressing optimism about strengthening ties between the two countries.
Jamaica’s Prime Minister Andrew Holness also hailed the victory, noting that her re-election provides an opportunity to deepen cooperation within CARICOM and advance shared regional priorities.
The scale of the win again leaves Barbados without a parliamentary opposition, a reality that has become a defining feature of the political landscape since 2018. Supporters argue the repeated mandate reflects public confidence in Mottley’s stewardship of economic reform, climate diplomacy, the transition to a republic, and Barbados’ expanding global influence.
Now, newly sworn in and backed by another unanimous parliamentary majority, Mottley begins a third term with both extraordinary political capital and equally high expectations at home and across the region.
Liberty Caribbean is Diamond Sponsor of CANTO Connect 2026 and 42nd AGM
Port of Spain, TRININDAD & TOBAGO (February 1, 2026) — Liberty Caribbean, the operators of Flow. Liberty Business and BTC, has reaffirmed its commitment to turning regional connectivity into measurable economic and social outcomes as Diamond Sponsor of CANTO Connect 2026 and its 42nd Annual General Meeting.
CANTO is the leading regional body that brings together telecommunications operators, ICT providers, regulators, governments, and industry partners to support the development of the Caribbean’s digital and communications landscape.
Simone Martin-Sulgan, Vice President and General Manager, Flow Trinidad & Tobago delivered the sponsor’s address on behalf of Liberty Caribbean.
“The work of laying fibre and lighting towers is done; connectivity is now our foundation,” she said.
“The real task before us is to translate that foundation into innovation, productivity and prosperity for our people. Intelligent connectivity,
such as networks designed for 5G, AI and IoT, will be the platform for smarter public services, more resilient systems and scaled opportunities for Caribbean entrepreneurs.”
Martin-Sulgan emphasised that infrastructure alone will not deliver sustainable progress.
“Digital progress must become digital prosperity. That means creating career pathways for young people, helping local businesses scale and ensuring citizens across our communities can fully participate in the digital economy. A connected Caribbean should also be a confident, creative and globally competitive Caribbean,” she said.
Liberty Caribbean is represented by a senior delegation at CANTO Connect to support the conference objectives of aligning policy, investment and execution across the region under this year’s theme ‘Elevate the Caribbean – From Connectivity to Global Competitiveness’.
Liberty Caribbean’s delegation includes Inge Smidts, Chief Executive Officer; Desron Bynoe, VP and General Manager, Flow Barbados; Susanna O’Sullivan, VP and General Manager, North Caribbean; Marilyn Sealy, Senior Director, Head of Communications; Dominic Boon, VP, People; Daniel Neiva, Chief Commercial Officer, B2B; Bradley Ramcharan, Director, B2B, Trinidad & Tobago; Yolande Headley, Country Manager, Dutch East Caribbean; and Jade Reymond, Country Manager, Flow Anguilla.
Martin-Sulgan thanked CANTO’s local secretariat for convening the forum and urged delegates to convert conversation into action.
“If we align policy, capital and capability, the Caribbean can move from connectivity to competitiveness. Liberty Caribbean will continue to invest in resilient networks, nurture homegrown talent and partner to deliver measurable social and economic value across our markets,” she said.
