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Stacey Marie Ishmael is no stranger to covering white collar crime. She's seen companies employed and executives go to prison.

But even she found the speed with which FTX collapsed and

Sandbackman Fried was arrested to be dizzying.

I think that looking at the timing from filing for bankruptcy

or even forget filing for bankruptcy,

saying alluding to the fact that they were potentially in distress,

potentially having takeover conversations with Binance

to then filing for bankruptcy and then in the space of about a month

after that being taken under arrest.

So that does strike me as an unusually quick process.

Stacey Marie is the managing editor for crypto at Bloomberg News.

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