Inside the downfall of cryptocurrency titan Sam Bankman-Fried l Nightline
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- Опубликовано: 12 дек 2022
- Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was charged with defrauding investors by the U.S. Securities and Exchange Commission on Tuesday.
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Can’t wait for the “American Greed” episode to come out.
Lol ikr
*YES!!!*
Get rich quick
Great show.. then the secret prison porno, after that.. lol..
“he drove a corolla” is the dumbest reason to trust someone.
Thank you caption obvious.
We are the dumbest ... Oh but he's a common guy ... Sleeps on his bean bag and can be trusted. Meanwhile he's washing billions of corruption money from all over the world ... we're such morons today!
Especially if he drives a Corolla while living in a 40M mansion.
Do you know what Warren Buffett drives? He was trying to follow his footsteps
Andrew Tate summed him up so accurately
He learned a valuable lesson: don’t steal from rich people. Steal from poor people like every rich person
🤣🤣🤣
Everybody knows that....
Defrauding is wrong no matter what. A lot of poor/middle-income people lost their life savings in this.....pretty ignorant comment imo
@@roclaren OP’s point is that the only reason he’s getting taken down is because rich people started losing money, not that it’s only ad when it happens to rich people.
@@roclaren Defrauding the rich to some people is justified.
Really glad Sammie decided to do all those wonderful interviews without his lawyers this last month
He’s such a weasel that’s why he thought he could talk his way out of this, just like he had been while he was scamming everyone 🙄
I knew he was a scammer soon as MSM was shoving him down our throats
I don't think it's sunk in for him .. A few more days of shitting in a bucket and not getting his vegan breakfast might wanna speed up the process of coming back to the USA to serve time . .
So funny , I need bail because I wear a patch and I'm vegan .
As an upcoming Crypto trader I totally understand the gravity of the knowledge you are trying to pass across, thanks for the info
Yeah you are right, some vital informations were given out here, I know they are true because they correspond with the teachings of my mentor Mr. Larry Kent Nick and he is a very successful trader
You are 100% correct, that was why I commented also, I have been trading, investing and making profit with Mr. Larry kent nick for years now
Wow what a small world, I was thinking I was the only one benefitting from the trading strategies of Mr. Larry Kent Nick, I guess you can’t hide that level of talent
Yeah you are right, that’s the best way to connect with him
Thanks for all the help everyone
Even with the current dip in cryptocurrency, I’m still glad I can smile 😊 back at my portfolio of $105,850 built from my weekly trade, I’m having my fourth withdrawal in 10 business days.
Same here, there’s no doubt crypto investment is the key to future wealth, with my current profit of $59,650 made from my investment with Mrs Pamela Williams trading platform I am totally convinced, she’s the best trading broker I have worked with and her strategies are so easy to adapt, she’s such a blessing to me especially in this current dip💯
I heard a lot about Mrs Pamela Williams and how good she is, please how safe are the profits?
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After watching so many RUclips videos tutorial videos about trading I was still making losses until Mrs Pamela Williams started managing my investments now I make $10,567 weekly. God bless Mrs Pamela She’s been a blessing to my life and family
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I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
💯💯💯
@@mayaharper4380 I will recommend my current trader Mrs Sally Luis ,, she is from USA and her strategies are earning a lot of profit for me.
So, can anyone explain how crypto aren't just digital pyramid schemes?
Every investment is a pyramid scheme, you try to buy low, sell high, and hope you get out in time before the bear market.
BTC is worth $0 if no one wants it, well guess what, people want it so it’s worth $17K at the moment. Supply and demand.
Nope, they can't. It has been a pump-and-dump made to fool idiots of their mass gain but the people promoting and advocating crypto will just dump it on the idiots.
Can you explain how crypto are just digital pyramid schemes?
He misused the money in his exchange.
He took it and put it into his other company that failed.
He did not have permission and wrote computer code to cover it up.
Depends on which we're talking about.
It's like saying countries are bad because North Korea. Which doesn't make sense.
I just know Warren Buffett is sitting in Omaha right now laughing his ass off
Don't trust the Jews
Warren Buffett and Charlie M said they would never invest in crypto, bitcoin, etc., and said publically many times that it was basically a Millennial Modernized Ponzi Scheme and that no one should invest in it, it has no intrinsic value, it makes nothing, it creates nothing, what is "electronic mining", all it is is the "Greater Fool" investing scheme.
Together with Charlie...
Turd cover in crap..... 😂
And Zuckerberg,too.
Hilarious when he ripped on cryptocurrency and said it was worthless 🤣
"For anyone who did wrongdoing, come see us before we see you." That's cold!
Yeah, the government is in a mood...
Even with this heavy drop I still make good profit from bitcoin
How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out
@@alexmorris6222 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss
@@helenmansfield3446 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that fx and bitcoin is one of the profitable money exchange services that elevates investors and their financial status.
@@velentevictor9435 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts
@@velentevictor9435 Bitcoin investment (fx) can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to fine an expert of this form of investment prior to getting started with. As you can see, the market is open and operates 24 hours a day and almost seven days a week
It’s so easy to con people ….just appeal to their greed.
I concur
Yea but...he slept on a bean bag !
@@kenamaro3942 bless him😂
Exactly! Greed is the word. No reasonable person would’ve saw this scam for more than it was
Yep. They guaranteed a ridiculous return. That's 🚩 #1
Call out the politicians that he donated to and covered for him in congress and in the highest levels of power
U trust the Jews
I'd rather gather up the 97% of the voters who continue to vote in the same big parties that allow this crap, and prevent them from voting again. Sounds harsh, but studies of human nature show that the masses are usually wrong, so rule by democracy isn't a sustainable success.
That’s why he’s been arrested. He was about to start talking…
They clearly never knew what he was doing, so shut up people they’re not God ok
So stop thinking they have to be perfect god your sooooo dumb honestly
Call the dnc and rnc and ask them if they will return. They will tell you no
Still cant believe people looked at him and said to themselves "Yeah, he looks like a trustworthy person to store my money with."
The media is so dumb for putting this dude on a pedestal, everything he did was sketchy, he deserved to take your money at the point 😆
Nah fr!! Natural selection
I think this is all a damn movie, they would have been dead this fool, like the others, they know exactly where that $ is at, he picked sides
SBF : "24-7 risk monitoring ... "
Also SBF : "I wasn't spending any time or effort trying to manage risk."
Basically any Democrat vegan logic trying to save the planet by eating plant material only, driving an electric car and living "sustainably" by making trips on a private jet
caroline : "we don't need things like stop losses" lmao
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment? I can't afford my hard-earned $80,000 savings to turn to dust
Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by
Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
@@nicolejohn1165 How can i get a good Fiduciary counsellor please?
GRIFFINROSSE
That's her Telegam ID, Contact her via the username above 👆👆👆
Lovely, he admits his guilt, claims ignorance, then apologizes for all the people who were hurt because he was to lazy to get a job. 🙄
Oh...OK...then let him go free....NOT!!!!!!!
@@Hillers62 Not ONE WORD I wrote implies that this con-artist should go free!
FTX was a bank, and Fried was not a crypto currency titan. Fried is essentially the Goldman-Sachs of crypto.
Don't forget the CEO of Alameda. She needs to be arrested next.
She probably gave the incriminating testimony against SBF in a plea deal, that's why the government could move so fast. Otherwise proving intent, the crucial part, could have been tricky.
@@NorceCodine that testimony could have come from engineers but I see your point.
now I know why zootopia 2 was delayed
She's the reason bedroom light switches were invented.
@@NorceCodine it's come out that the co CEO of FTX was the one who went to the authorities
The new season of " American Greed " is going 2 be fire.
I waiting for a Nexflix special. It called it, The Bankman, Fall of FTX.
I’ve been thinking the same thing since this whole thing started!! 😂😂
"Fried" 🥓 🍳: This is crypto.
Absolutely amazes me he thinks he can talk his way out of this. Even more amazing is he may not be wrong.
That part makes sense to me that anyone would try and take their way out of it but what freaks me out is how people like O'lerry defend him and use their pulbic image to try and convince people he didnt do anything wrong
I can't feel that sorry for the money launderers and crooks that lost their money in crypto. The "industry" should disappear.
They are the only one using honestly crypto.
He loves the attention. Even being arrested, he carries that smug smile.
He has that smug smile, because he has monies in a Swiss Bank account, and wasn't invested in crypto....😀
@@patcolin2 He does his 10-15 years in prison and comes out with a lot of money waiting for him.
@@brianwalsh1401 Exactly...
And that voice. Ugh. What sort of accent is that? Like a mosquito learned English.
@@brianwalsh1401 let’s see. Elisabeth Holmes got 11, but at least she didn’t mess with political parties. The campaign fraud charge might be what will bring him a lomg sentence for the other charges. I read somewhere of 115 years.
He legitimately made a million dollars a day from trading Bitcoin but he became greedy and that was his downfall.
Bernie Madoff was a millionaire legit before he did the things he did.
Greedy and lazy by his own admission....
Yea he should of just stayed in that lane and been good. I woulda tried to make like 10 mill and been good and what he was doing wasn’t illegal, easy for him but kind of complicated to really do for others. I looked into it when i first heard about this guy like 2 years ago
@@AP90x he couldn’t. He’s a thief at heart and has democrats to buy.
@@BitcoinMaxy34 Yeah, Bernie Madoff really confused me. He built up a legit business clearing trades in the OTC markets, and the tech he pioneered was the precursor to NASDAQ. Yes, this business wasn't going to make him a billionaire. But it easily netted him a fortune of $100 million to $200 million or so. Some people's greed cannot be quenched...
6 months ago i was bulllish on investing in Crypto.
i disregarded the opportunity i had to invest on the strength of encouragement of two friends who have already been trading for the last year. they said it would be a good idea when i had 15,000.00 i was looking to put that into something i could make a return on in a few years.
this is exactly why i didnt. and im so glad i listened to my gut to not do so. i thought crypto was a losers fad 6 months ago, and its only been reinforced now.
Never trust another human being with your money,
@@FFF_Trucking in the past 2 months they lost everything they had invested - somewhere around 10,000 USD. they were laughing at me at the time they were trying to get me onboard to invest in Crypto and I said No.
Look who's laughing now.
@@kristopherryanwatson Well Done!
From day one I said crypto's are a joke. Yes you can make a killing, but that is just luck. He can lose it all just as fast. Too volatile to be considered an
investment. This makes me happy to see it fall apart.
We’re in a normal crypto bear market and it goes on 4 yr cycles based on the Bitcoin halving. This whole FTX collapse was due to a fraudster in which the whole crypto community is glad he’s out and not due to crypto itself. It would be like if Robinhood or Fidelity committed financial crimes, it’s not the stock market itself.
Seems an empty Folgers coffee can would be a better investment....if you bury it in the front yard, you'll always know where it is.
💯
This is why you invest only money that you can lose. The moment you invest some money - you have to consider that they can go to zero.
FTX customers weren't investors, they lost funds that they deposited on the platform, which could have been crypto or cash. They didn't lose money from investments, they lost access to their funds because FTX stole their deposits.
It was the equivalent of a bank.
The investment piece was Alameda.
That's where Sam went over the line. He took deposits and gambled with them.
Correction: You should only GAMBLE money that you can lose. And buying crypto is gambling.
@@nosuchthing8 yeah seems like dude one day decided to gamble with a mill. Lost it doubled up. Lost it and kept going because he didn't wanna come out of pocket. What a moron
@@MLProductions.1 yeah, many people keep doubling down.
But the exchanges are supposed to exist to simply exchange money to crypto.
Deliberate ignorance academy award to this man child. Possible 100yr prison term.
He has to be extradited first
@@nosuchthing8 and he's probably got a wallet key on a thumb drive with billions$$ to bribe Bahamas government to keep him there.
He’s just chill like nothing happened 😮😢😅😂
His lawyers said: show remorse. He said: Yep.
He went against his lawyers wishes going on TV and podcasts.
I never did get that crypto currency thing and I'm glad I didn't get it.💸💸💸💸💸💸💸💸🤔
You didn't "get it" because you used critical thinking skills, asked some common sense questions, and realized that this sh*t doesn't make sense.
Meanwhile, some of your fellow primates are trying to get rich buying internet money.
good. crypto currency thing is stupid. It's trading in a currency that is not used for buying and selling real things. crypto is a mostly a pump and dump scam to me.
@@TheBrainDunne Well, you could buy stuff with cryptos, but I think that most of the people getting these currencies are just holding onto them in hopes of getting rich.
@@albertosillywhips7281 yes a tiny percent accept crypto for real good and services but what is the point in than.
@@TheBrainDunne only use I see is countries with failing currencys and bad governments. They use them but I agree overall.
That said anyone who buys on these platforms and doesn't withdrawal to a hard wallet is a moron. Why tf would you want your crypto in the possession of someone else when it's unregulated
It will be interesting to see how hard the Feds push campaign finance charges.
That dude deserve life time, I want my money back!
His parents are heavily involved in the cover up too.
SBF was charged with multiple counts of "conspiracy"...every one involved in the orgy will get what's coming...
Good chance, yes
and the Democrat party
@@y.cschmidlin8172 He literally donated 32 million to republicans aswell. billionaires donate to both parties, thats why theyre billionaires.
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ProAmandaHT1....
If I had the big bucks, I would have never invested in cryptocurrency. It never appeared to be something that people can trust, apparently the whole idea was just a scheme.Whenever something sounds to good to be true, it isn't.
You don't understand cryptocurrency. Do some research. You won't sound as silly when sharing your opinion
The key is to pull out before the peak and crash. *taps head*. If it looks like a speculative bubble and quacks like a speculative bubble, it's probably not good to hold.
This wasn't a failure of tech; more a human error/fraud. We need to learn the difference.
Most have been such. Apart from Terra/Luna the recent big failings have been similar. Pyramid schemes and such existed before crypto.
true...i would invest in potential stock market..not in crypto right now..its going downhill right now..they keep saying it it will spike up and up...but its keep going down...
Educate yourself
I wonder if all the Politicians who got rich through Sam will get in trouble?
--Of course, not!
I hope celebrities either have to pay or learn to not just take money blindly for ads in the future
2:00 sounds familiar ‘federal reserve banking’
I feel bad for the guy who lost 120k, but crypto, like the stock market isn't a "sure thing" by any stretch of the imagination more so with crypto. As the old adage goes, never invest money that you can't afford to lose..
Likely a lot of the 120k was earned when crypto was on its way up. He lost whatever he invested in which is way less than that
He only lost his vacation. There could be some who invested their mortgages or worse borrowed heavily.
I think it's different. If somebody invested in a crypto coin or a stock that lost all of its value, that's one thing because you should know that's a possible outcome. Putting your deposits on an exchange where they guarantee it won't be loaned out or touched but then they steal it to invest in risky ventures is just lying about what your business does.
Crypto is nothing like stock market, a stock has an underlying company while a crypto only has thin air.
What bank does your dollars go to when you've bought the crypto?
It goes into a "Crypto Bank" - hence FTX, which was a fraudulent bank. These crypto banks are not regulated or secured. I always knew it was a scam.
@@queenofsheba7145 well your bank has to transfer it to a bank account of some sort ,is my point PayPal or else and they have to keep records of the transactions
@@artyfuffkin7805 Yes, it has to be sold first. Then you get the cash, and can transfer into your bank accounts. I'm not sure if it setup with PayPal yet. But this is where the fraud comes in, because they are basically worthless and has no value. Only a temporary value. Warren Buffet spoke extensively about this about a year ago.
Why didn’t he testify before Congress? Are they worried he is going to throw some of them under the buss
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
The pandemic came and taught everyone the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra-income earning chance, like investments.
@@raheemalbrighton1573 I agree with you, Covid taught us the importance of having a plan "B" income. You are not safe with just one paying job, when nobody knows what will happen next. Look at what happened to so many of u...
Job will pay your bills, business will make you rich but investment makes and keep you wealthy, the future is inevitable 💵
Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.
@@Jody8337 What is your advice for a new beginner like myself, I have been trying to practice using a demo accounts, but I am scared that I don't know enough to start trading all by myself. What to do next.
He’s a scapegoat, they’ll make a headlines of him, he’ll do time and this all for the public to feel that justice been served but it doesn’t matter. Money’s gone, someone got rich, it’ll blow over and everyone will forget about it. Classic scenario
“Come see us before we come see you” -US Attorney Southern District …he’s no joke 🔥🔥🔥
Why not let him testify to congress and then arrest him afterwards? The feds could of used anything he said.
I love how it's not a crime to steal from poor people but it's a crime when you steal from rich people lol
Guilty! And I agree he is not the only one that needs to be arrested. But also... the big guys know to make him look really bad to cover up other schenes we don't know about yet. He got greedy. I'm sure their are others doing it far longer than he had, gnat just don't go this overboard. They'll probably help him later.
He was a dem doner brother
#1 motto of crypto is "Not your keys, not your crypto" - the fact that people had 6 figures sitting on FTX was incredibly foolish. With that sum of money, it should warrant hours of research to fully understand it.
Can the new CEO, John Ray, be held accountable for anything at this time ?
When this came out I was thinking to myself people should wait a few years before investing into something new. I kinda had a feeling this was FRAUD!!!
Extremely interesting and informative.
Boy wonder? He is a 30-year-old GROWN man. The -mainstream media- left tries so hard to cover for him.
Bankman-Fried.... Even his name was a red flag 🤣🤣🤣
💯 😂😂😂
Nice video and thank you for breaking it down!! Even with the current dip, I'm still glad 😊 I can smile back at my portfolio of $66,700 made from my weekly trade within a short period
@Sunday Hawker I invested in crypto trading with a pro broker who trades for me while I receive the profit. He is good and understand the market very well. I would advise you to do same , it's very profitable
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Wow, i'm shocked you mentioned Charles Harrison, he is also my current broker and he earns a lot for me weekly
@@richardbrendason7931 You don't have to be shocked, Charles Harrison has helped so many newbies become millionaires through crypto trading
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This is just the first step in outlawing non-government issued cryptos and SBF just played his role like he was directed.
Dumbest thing I've heard all week! 🙂
@@louislinsley3128 Get your boosters friend. They'll save your life.
@@christiancolossus5165 "SBF just played his role like he was directed."
So, SBF is happy to get a Madoff 150 yr sentance?
That's gonna be SBF's role? really? 😄
@@louislinsley3128 First of all SBF isn't as smart as the MSM says he is. Second, if you still believe ANYTHING that is being said on tv then you really need to get a clue. The world doesn't run the way you think it does my friend.
Why bother outlawing it? Just let the fools invest in it and get scammed. Eventually when they are left holding the bag they will hopefully learn . Just fools looking to get ripped
what I don't understand, and this goes for any company going through bankruptcy or a scandal. when ever a new CEO comes in right off the bat they pay them $millions, like the new CEO of FTX is getting $1,300? hour. like WTF 🤬 your trying to save a company from going under, and your first like order to trying to cut cost and money is to pay a CEO millions on his first day. when he hasn't even done anything.
Excellent
We know this happens all the time but they're just REALLY coming down hard on him because it's cryptocurrency.
They better give this guy life without parole
Life without computer access ... He can then sleep on his bean bag sack behind bars.
he will get a laptop in jail, then start over
Max 7 years...
Not even , a lil restitution and like 2 years . They easy on white boys who steal money
like madoff?
MSM: “Thank God for FTX!! We might have had to talk about the US government conspiring with big tech to violate the 1st Amendment!”
There is more to this. Things aren't always as they seem
didn't robinhood have a weird risk too and they still advertised?
There's always financial trails & follow the trail will enable the regulator to pin point the reason and bring changes to this guy . Crypto lacks of supervision is doom to fraud and manipulation
Wow, and to think that the media defended this guy!
Bankman-Fried reports that "he shares a cell with six men, sleeping on the bare floor and using a bucket for human waste." Sounds just like the FTX condo including the sex parties.
When fiat money came in, SBF sold them FTT coin. Then the FTT coin, went into collateralization, and other financial tricks, but whom held the cash. lol. When another exchange tried to convert the FTT to cash, the company did not have the cash to cover. Billions is missing.
He sounds very odd when he talks also he has lawyers they would know he does not need to do a deep dive lol
You gotta give it to him . When you do a fraud do it big! LOL
Big and get 100 years in prison
Too bad he couldn't afford a haircut
Wasn't there ever a financial audit of FTX
He is done.Time to have a clean haircut... in prison.
He will be robbed of his innocence in jail. But like a said you don’t just magically end up there. Pretty sure he has been scamming all his life.
No, he will get EPSTEINED.
May God bless amazon. the APM22T is the game changer
You can earn the easiest $100. You ever made. Just show me how Amazon has anything to do with this pump and dump.
How you put all your life saving into a crypto currency????? Do not all your eggs in one basket... 2022 and people still don't learn....
Notice that if you steal enough, you’re a “titan” or “genius” instead of a thief.
Bankman-Fried was detained in the Bahamas on charges related to violating campaign finance laws related to the 2022 midterms.
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@@vanillafyona6557 in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-adviser,
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When you hear the person entrusted with your money start saying 'I don't know' more frequently, it's as good as saying goodbye to your doe forever.
As someone that knows how banks work, he did what most banks do. The only difference is that he got caught
They never talk about how ponzis are huge money makers for initial investors. Seems like there is huge incentives for those in the know to get involved early.
The man embodies the meaning of the word embezzlement .
Rumor has it that SBF is offering 1 billion if anyone gets him out of custody and to a safe country.
Deal
The FTX debacle was not a crypto failure. It was a centralized entity that did not adhere to crypto principles. If congress comes out with harsh regulations it will only push that industry offshore. The US became a leader in Internet Technologies because of reasonable regulations. The US will lose its dominant position in the world if we can't get it together.
Someone that finally has some brains…
High on speed, fueled by greed, next on "I almost got away with it."🤑🤑
Lmfao he definitely knew what he was doing
Absolutely hilarious
Or can I say some people out there with a higher pay grade than me tells people don't deal with this stuff but yet they do and now they're getting burnt. I myself I like good Hard Cash Yankee dollars or gold or coin but something virtual that has no backing whatsoever which isn't regulated. And believe me now it's going to get regulated but do what you want to do.
How can you not know you're spending billions of dollars that don't belong to you?
he knew all too well.
This is also going to be a major blow to all of the big companies that are currently partnered with FTX. Hopefully they start rounding up all of the people who’s hands he’s been greasing as well
GOOD! Its a lesson learned when you get into bed with woke leftists! Do business with dems is same as getting into a scam!
if they got arrested then we wouldn’t have a government
Biden will cover for them
@@norkshit That's a little oversimplification, Nick.Maybe there still some legitimate-if not perfect-government agencies such as the SEC that still perform their assigned functions. Or would you prefer the governmental models of China,Russia or any other authoritarian country?
So how is he paying his legal team? Did he really got arrested to be put in jail or to silence him?
Oh, he is about to get EPSTEINED.
He was arrested just hours before he was to testify.....whan have you ever heard of a prosecution silencing a witness who was ready to talk???
Only eight charges? That's light. Very light.
“Sir… that’s better than cash… it’s an IOU!”
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WHY was Sam Bankman-Fried arrested the day before he was supposed to testify to Congress?
He was able to do this because of the greed of people who were looking for a get rick quick ability. Bitcoin drove many people to crypto currency. Last I checked there were over 9,000 crypto currencies. many people want the over night quick buck and are willing to pay for the chance.
Yep, Bankman-Fried is now a friend bankman.
yeah pretty much apprehended to prevent calling out Congressmen who pocketed from all this. Great.......
This is why you never keep your Crypto on any exchange, not your keys not your Crypto.
Both of this guys parents are LAW PROFESSORS.. $20 says he doesn’t serve any prison time.
neaa he will go to jail.
He's in jail right now.
Strange that as soon as congress was about to grill him he gets arrested 🤔
I wonder if all his democrat buddies that he was so generous to had a hand in that
He literally donated 32 million to republicans aswell. billionaires donate to both parties, thats why theyre billionaires.