Disgraced FTX Ex-CEO SBF To Serve 25 Years For DEFRAUDING Investors Of Million$
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- čas přidán 28. 03. 2024
- Jessica Burbank and Amber Duke discuss the sentencing of Sam Bankman-Fried. #SBF #ftx
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SBF got a reduced sentence and his second trial scuttled because he agreed to keep his mouth shut about his “donations” to the Democrats.
Are you implying he is only getting prosecuted because he also donated to republicans?
@@lynchsc420 - There’s scant evidence that SBF actually donated to Republicans. You want us to take SBF’s word that he did (indeed) donate to Republicans when there’s a paper trail of $45 million going to Democrats? Hilarious.
We know that Democrats accepted at least $45 million from SBF (who was their second largest donor in the 2020 election cycle). How much of that stolen money has been returned by Democrats? 2.2% (less than one million dollars).
Democrats have kept at least $44 million dollars that SBF stole from investors.
You’re going to attempt to deflect from that by utilizing whataboutism based upon the words of the thief that stole the money in the first place.
Cite the empirical evidence that SBF actually donated anywhere near $45 million to Republicans (naming the Republicans), or face the fact that just complaining about Republicans is a cop out to make excuses for SBF and Democrat corruption.
..."his donations to the Democrats..."? Where can I find more info about that? Not a trick question, I sincerely want to know. Thanks.
@@lynchsc420 - Not at all. I am implying that Joe Biden’s DOJ scuttled the second trial to keep the details of the tens of millions of dollars SBF laundered to them out of the media.
@@medde655 Both parties more similar than dissimilar. He donated to politicians from both parties. But neither party is willing to admit that the powerful buy people not parties. It is the sheep that donate to the RNC or DNC exclusively.
25 years for stealing 8 billion.. and everything associated?
That math is fkn awful.
The politicians he gave money to should also be held responsible
Only the democrats he donated to. This is as common as brunch for republicans
Not to mention his parents.
At the very least, they should return the funds to the court-appointed people who are trying to make restitution to as many investors whose money was stolen by SBF.
two tiered law system, and we the people are sick of it.
And the Democrats that got money from this don't have to give any back.
Plaskett took money from Mr J. Epstein and didn't give it back either
He donated to Republicans too.
A miniscule amount by comparison.@@gyorgyor7765
Why would they? That money has already been spent on TV ads, etc. Should they ask the TV stations to give the money back?
@@LThomas1701 the TV stations arent the ones who accepted money from his criminal enterprise , they are a degree removed , like Stacy Plaskett took money directly from Jeffery Epstein and won't give it back , it's like accepting the proceeds from drug trafficking or slavery , it's blood money
There’s a dude who simply created a website for crypto and he is in jail for life, I believe. But this dude steals thousands of peoples money and he gets 25 years, which we all know will be 3 max.
Yeah, his name is Ross Ulbricht and he’s been in prison since 2013. It’s ridiculous
Wow 25 years so he’ll definitely get out way early.
not if the ayran brotherhood has a hit out on him, strange how that works
He’ll be out in less than 5 years. Guaranteed.
12.5 years is the earliest he could be released with a pardon.
Only on appeal. He got 25 years in the Feds, which require 80% of sentence served before parole consideration. There are things in prison you can volunteer for if eligible to cut time. I’m sure his legal team will get him placed in each one.
Na, fed time is date to date. No parole. But due to the First Step Act he can shave off 50% of his sentence with good behavior.
@@ninocrown3247small correction it's 85 percent of your time, not 80, but still a great comment by you.
2 years , watch and see
And what about what his parents were paid/made/took??
Literal murderers get less time than this. Our priorities are so backwards.
He'll be out by summer
Jessica is absolutely clueless lol! She's embarrassing 😅
Agreed, this is an unusually bad take, even for her.
It sounds like shes just reading talking points, not realizing thats just not how things work.
Wait,are we really to believe he will actually be in prison for 25 years?
no, its just talk. thats what this country runs on.
But used cars are too expensive!!
Theres literally nothing backing up American money either, BTW... just sayin
Yeah, it's all faith based. One thing you know for sure about the dollar is that it will lose value. Crypto is very risky but it actually has a potential upside.
Jessica, his pseudo hedge fund was called Alameda not Al-Maida 6:09 Different topic: Those politicians, which were Democrat and GOP, should be forced to return the donations SBF gave them to the receivership group who is making restitution to people whose money was stolen by FTX. Giving the money to charity is unacceptable. The receivership group has been working on returning whatever is left to people whom SBF stole from.
A drug dealer would have gotten life.
Meanwhile, if you attack the police or feel the need to dismantle previously deceased individuals, you get a no-bail release and a good talking to. Good thing our priorities are straight.
Given the level of his fraud it seems fair, but then compared to what other people get for less...
I am curious if she is on Prozac.
The crook got off easy
I like how she changed the subject when she was talking about Maxine Waters and changes it to Elon😂😂😂
It's almost like poetic justice cuz just like his Name he just got Fried.
Justice for once.
In reality Twenty Five years is TWELVE tops.
Probably end up being 5 years on house arrest lol
He's not a genius, he got caught
His parents belong in prison
Now go back and get the other ones for 2008.
must be an election year and a group wants to look tough on "crime"
Amber Duke,
As far as our leaders playing one side in public and the other behind closed doors, read Stendhal's classic, The Charterhouse of Parma.
I like how frumpy Megan McCain acts like it's not both sides of the aisle.
And there is some that get away with far greater crimes against the public - madness.
my philanthropic agencies money is on 8 years tops
You’re the only credible journalist on this Channel.
If he defrauded other important jews the he will stay in for 25 years. If not, then he will get out much sooner.
Amber clearly doesn't understand crypto or US currency
Really! Hes not going to get off on a deal?????
He'll probably make a fortune behind bars advising other inmates, guards, a book deal, and through the bars.
Good...
I have no doubt Coffeezilla contributed alot to bring attention to SBF’s crimes. The media was literally praising him left, right & center before coffeezilla’s went on a breakdown of his scheme
Running his schemes were one part genius and one part sociopathic. After 25 years, maybe he will develop a healthy set of social mores? He will again be enabled, after ruining many investors' lives.
25 years Federal sentence .SBF has to do 90% before being eligible for parole.
Not your keys not your crypto. Don’t leave your money on exchanges!!!!
Order him to comb his hair.
what about teh money where is it all ????
So he's out already?
If you were Trump, and could only pardon one : Assange or SBF?
didnt this kid give his mom a billion dolars to ?
24 years from now in prison, he's going to be lonely in the face of the extinction of all life from climate change having already passed.
I have an AC unit, so ill be fine.
@@Scorch428 Are you going at eat your AC?
These people don't have a clue what they're talking about... federal time is day for day so with good behavior he will be out in 12.5 years... they're suppose to be journalists but don't do the smallest amount of research
should politicians return the defrauding money donation to them?
He knows too many secrets. How long will he serve? We'll see.
He will be in someone's cross hair once he gets out of prison
Hang on....this seems fishy.....how many years did the reddit guy get for trying to give everyone free information?
Presidential pardon coming up in 3, 2, 1 ....
Steal a car, and you will likely serve more than 25 ..... years Madoff got 150 years
All of those sentences are insane. Why would you take someone's life, also at a huge taxpayer cost, over car theft or fraud?
SBF's defense attorneys asked for leniency, owing to his autism.
Curious that his donations have dried up, and also it looks like progressive bot activity online is decreased.
Seems correlation here
He will be out in 12 years. I’m sure he has millions stashed somewhere.
Billions
SBF did not defraud investors of millions of dollars. He gambled with their money. If the gamble fails then his investors will lose their money. But if the gamble succeeds they will get all their money back. Right now it is looking as though the FTX creditors are looking at a 100% payout!
50 years minimum
No, money crimes should be capped at 5 years. You don't take someone's life over money.
@@jamescarter8311how unbelievably naive
I want to see who donated their crypto campaign donations. This would be a really good project for Lee Phong. :)
Im trting to watch because im interested in the subject matter. But these hosts are the worst.
It's true there is crypto attached to nothing. But there is also crypto attached to infrastructure and technology built for decentralization. Similar to internet, AI and even Pharmacy start ups growing or not and all the rise and fall within the markets. Blockchain and everything built around it is powerful technology and infrastructure that will become mainstream one day.
The fuzzy little troll will make someone a fine wife
.....
A whole bunch of these crypto CZcamsrs should be in jail right now for fraud too, with all their rug pulls. Looking at you Jake Paul.
Jessica Burbank (JV Cancel Culture Karen Kasparian) always has the worst take. She ignores any political donations issues and blames evil crypto investors.
I guess jessica want give more power to gov to regulate ( sell )
You need a better webcam lol.
Another one than didn’t learn the lesson. It is only okay to steal from the poor.
He was just doing what the US govt does on a much greater scale.
Only their ponzi cant implode, because they can always print more paper dollars to steal from the poor.
And the best part is poor people are to dumb to understand how it works! Its really quite brilliant.
American dollar is fiat . No difference
Except that cryptocurrencies have a limit. The dollar can be printed into oblivion.
@@strawpiglet they say there is a limit. And I have some ocean front property in Arizona to sell u.
@@richfrank1255 Don't you know how blockchain works? You can't keep creating them indefinitely.
@@strawpiglet yep no clue .. and you don't know how fiat currency works . How many Sam's coin and dogecoin did you have?? To the moon right??? How many people did you tell nft's were a great investment??
@@strawpiglet gold ,g uns and land . U can keep your fiat I will take hard assets
He'll live in luxury behind bars and have all his needs met guaranteed. Don't tell me you think he's gonna have a hard time. When he gets out in a few yrs, he'll be right back at the top again either working for someone as a VP or his own company again doing the same line of work.
Jess and Amber are a great team!
I like how frumpy Megan McCain acts like it's not both sides of the aisle. Jessica always hammers the DNC while Amber soft walks the GOP's complicity.
crypto is not one currency
true
is many
and bigger than usd now lel
Love these ladies
Great to see a good looking woman with a brain.
Why is ms. Lefty here allowed to outright lie on your platform? Clicking off.
Hard to tell if its lying or she just doesnt know what shes talking about.
Either way, like 50% of the info in this video is straight up false.
It’s a victimless crime.
It's really not. Many thousands of people lost their life savings
@@343Films cryptos up. so theres enough to repay everybody currently.
Will the govt/bankruptsy ppl do that? Doubtful. Theyll pocket as much as they can.
You are mis-informed. The U.S. Dollar is backed by nothing and is a fiat currency. The U.S. government does not issue a significant amount of dollars, banks, through the Federal Reserve, a private organization does. Crypto currency has value in a similar way that the dollar has value. Get some education before you speak.. it's embarrassing.
This ^
Insane. Money crimes should be capped at 5 years.
What a tragedy! I stand with Sam here, he was "reallocating" money for a better cause...arguing that he used it for a "lavish lifestyle" is ridiculous, he always was humble and prudent in money spending. 13 million mansion (for the WHOLE team) is not an exception. Granted he played the capital game to harshly but I sincerely believe that his effective altruism ideology is based and just imagine how transformative of a change somebody with his mindset could have brought to our society. What a loss!! I m also deeply dissapointed by the public perception only focusing on surface level missmanagement technicalities. Just look at his main competitor Binance...they essentially almost got caught doing the same thing! Also the fact that Caroline so cold-heartedly betrayed him in court is beyond the pale...
@@rasputinspickledpeepee1976 🤣🤣🤣
If I steal youre entire bank account balance and use the money to try to double up your money at a casino, so I can give you back twice as much...
...and I lose it - thats still stealing.
@@Scorch428FTX only imploded coz of devaluation caused after CoinDesk reported an affiliated trading firm, Alameda Research, derived most of its value from FTX own crypto-tokens. If this would not get made public the company would be fine. Again Binance caught doing the same thing but wasnt advertised in media.
he will go to a min security prison for 3 years and then out with most of the money stolen with hus parents.