How Sam Bankman-Fried reacted to the verdict in court
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- čas přidán 2. 11. 2023
- CNN correspondent Jason Carroll details FTX founder Sam Bankman-Fried's reaction inside the courtroom as he was found guilty of seven counts of fraud and conspiracy and could spend the rest of his life in jail. #CNN #News
![Should We Admire Sam Bankman-Fried and FTX? - Michael Lewis [Part II] | Intelligence Squared](http://i.ytimg.com/vi/0ADdzHCGjCI/mqdefault.jpg)
How could anyone on earth look at that man and think "well he certainly seems like a trustworthy person"?
High level democrats did. CNBC was hailing him as the next JP Morgan.
Maxine Waters thought that he was the best thing to happen to the Democratic party she hugged and kissed him
They entrusted their money to a boy who looks like a defunct ChiaPet left on a windowsill in Chernobyl circa 1986!
You're judging him on his looks? How shallow can you be? Let's look at Gates and Einstein and judge them by their appearance. What a stupid comment. Bundy "looked" like a serial killer? Kanye looks talented? Book/cover/idiot
people are sheeps. everyone just follow one another and thinking that is proof of authenticity
His hairstyle is enough evidence against him in court.
Appears Stanford is trying to catch up with Harvard and Wharton, developing only the best and brightest criminals…🤣
Where the F is the rest of the missing money? There is NO way he didn’t seek help from his billionaire parents! ‘Money Laundering’ doesn’t take a day off & NEVER involves just 1 guy!
It doesn't. It goes to Binance, and other exhanges, creditors, democrats, Bahamians regulators, Celebrities, influencers, other promoters, his own real estate, private jets, his executives loans, and his own personal lavish lifestyle. Let's not forget, he is a big A-hole in League of Legends. One of the top whales who crushes other opponents, such as myself, by using stolen monetary advantages. All whales are F-King A-holes because they buy their way to bully other players. But Sam Bankman-Fried is the worst.
@@stormryder4305 lmao what. How the fuck does being a Whale (only cosmetics/champions) impact his league play? From what I understand, he was a middling Silver player. Dudes definitely a scumbag but you being booty-blaseted about him in League of Legends is actually wild.
His parents aren't billionaires
@@lololololololol clown
@@stormryder4305And let's not forget the guy is stuck in bronze, I don't really play but from what I'm told that's a bad rank to have and the guy spend 100+ hours playing LMAO
His parents were in on this fraud too....lock them up!
There's no way this guy spent 8 billion dollars... so where's the rest of it?
Not with his tailor or hairstylist, that's for sure.
Personal estates at Bahamas, gifts to his parents, Binance's buy out, repay loan to creditors, pay to win League of Legends just to prove his A-hole using unfair competition, financing more failing cryptos, private jets, celebrities endorsement, etc. I can easily wasted a billion dollar in just a matter of few days. The quickest way to lose a billion is Casino. But that just me. And it's not impossible.
@@stormryder4305 I'm not saying it's impossible, but most people don't understand how much a billion dollars actually is.
A million seconds is 12 days. A billion seconds is 31 years.
@@mikekeating Most people also don't realize some people have very very weak resistance against lust and greed, they won't even know if they already spend a zillion dollars. No numbers can count infinite desire. Only well discipline people count numbers. And those people are likely very few.
@@mikekeatingthat is completely false
Why didn't the executives at Moody and S&P get similar sentences for their triple A ratings for securitized subprime mortgages?
We don't have a sentence yet?
easier to arrest a cryptobro
He may have had money but the bankers have the power of money.
I was thinking the very same thought. Those guys skirt right on by….like a bad cliché.
U.S attorney said "The government has no patience for fraud and corruption..."
Funniest thing I've heard in 2023
Dude's name is Bankman.
You can't make that stuff up.
Scam Bankman fraud to be exact
And he's getting Fried!
I always observed that, people fit their last names in a weird way… Perhaps family heritage and hearing your name over and over does something to you… NLP? 😂
@@thegalhorowitz yeah one of the Spiderman movie directors was named webman I think 😅 (update: Marc Webb) haha
@@thegalhorowitzthere is a scientific research backing up this.
If this were a banker, it wouldn't have even went to trial.
Where's the money to return to investors? What do they mean "the money is just gone!" Nonsense.
Life without parole, anything less is disgusting
Yu crazyu
People like you don’t realize how big of a punishment prison time is lol. Like 10 years I think is fair that’s a shit ton, he did a bad crime but life is insane
@@financialwolfBad crime? The man committed arguably the worst and largest fraud in history. There are people who get harsh sentences for far less.
@@financialwolf And do you realize how much money he stole? Ten years? He ruined thousands of people's lives. He should get the maximum.
@@financialwolfMadoff got 150 years he stole $17Billion for a period of 17 years. Bankman-Fried stole at least $10Billion in a just 3 years. He’s gonna get at least 50 years.
I want to see what his reaction will be when he's put in jail and realizes he's never getting out ever again.
Are you really that naïve? Don’t you know that there are different jails in the USA, he will be in a rich man jail and will be released after just serving a tiny part of his sentence.
@@allaboutperspective650 Ask Bernie Madoff about that
@allaboutperspective650 are you really that naiv÷m theres no such thing as a "rich man jail" where you just get out after a fraction of the time. There are lower category jails which might not be as harsh as some higher ones, but best believe they are still prisons and nothing about him being locked in a cell with his toilet and bed in the same room will scream rich man.
How is my landlord (having me stuck in the rent trap) any different.
Turning a must-have item into griffin goods and calling this capitalism. How is the switch-a-roo any less criminal. To play semantics with capitalism.
@@allaboutperspective650you've never done time huh?
So, no 1 Billion dollars to 2024 campaign, I guess.
Can't steal from other rich People only the poor
Sadly, I reckon there’s truth in that statement.
Bankman-Fried has been a major force in Democratic politics, ranking as the party's second-biggest individual donor in the 2021-2022 election cycle, with donations totaling $39.8 million.
Must be a gigantic scandal then, awesome point
@@JackBirdbath It's supposedly even bigger, involving US politicians, Ukraine support money, which then went around in a circle back into his crypto scheme...plus involved the head of the SEC, crazy stuff!
Well at least they didn't invite him to a shity golf club to give him nuclear secrets
@@MsMrCommenter yeah if there were any evidence of it, I wouldn’t need to hear about it by a random CZcams commenter trying desperately to link Fried to the Democratic Party.
Crazy indeed!
@@JackBirdbath you're scared to Google it and find out yourself haha Democrat
I wouldn't rule out Chinese 🇨🇳 Evergrande and Country Garden won't be put on similar trials in the US.
Did he graduate from the " trump " school of business?.
No. He graduated from the corrupt criminal democrat school of business. Read closely: Sam Bankman-Fried, one of the largest donors to the DEMOCRAT party was found guilty on ALL charges. I repeat...the democrat scumbag was found guilty on all charges. Have a nice weekend, democrat. LOL. :) Trump 2024!
Bankman-Fried has been a major force in Democratic politics, ranking as the party's second-biggest individual donor in the 2021-2022 election cycle, with donations totaling $39.8 million.
USA Political leaders scrambled to be around this guy. What does that say about your leadership. He was praised by them as the new money god.
There were 7 counts. The must consider, and debate, each count separately. Fours hours is incredibly quick, about 25 minutes per count. It must have been a slam dunk. I was on a jury where we had to deliberate 9 counts. It took us almost 2 full days.
They also ordered and ate lunch within those 4 hours
They had their minds made up after the Judge gave them the instructions. Nothing wrong with that. The Judge knew it, they knew it, and the public outsiders (us, the viewers) knew it.
Coffeezilla has a great video going over the details of the case from both the prosecution and the defenses perspective. It was such an obviously lopsided case it was really very unfortunate for his defense attorneys, honestly. No sympathy for him and those around SBF who did all this, but good lord that attorney must have had a hell of a headache dealing with the mountain of evidence against him lol
He should be set free for making the top 1% look like idiots
Imagine if he didnt steal nothing he would have been set. But i really think he got prosecuted cause most his investors where the super rich and you cant steal from the super rich but you can steal from the poor for decades and still get a slap on the wrist.
No one who lose over a million dollars will settle for nothing. NO ONE! He can consider himself lucky to be still alive.
He's well educated to distinguish between wrong and right
Apparently not
He did enter a good school but does that mean he has character?
Evil 😈 knows no wrong... just look at fraudster Trumpty Dumbty for example‼️ 🙄😒🤦🤢🤬
Надо лешить виликабритания государственности,Армии
He went to the best democrat-run schools and he donated all those fraudulent dollars earned right back into Democratic campaigns the circle of life
If they can convict this guy so easily it's looking good for the same treatment for the orange Mussolini 🤣🤣🤣
I hope they put him UNDER the prison. Sick of these fraudsters
I was seriously waiting for her to say “do you smell what The Rock is cooking!??”
Tapping ones foot is not a reaction to a guilty charge !
And why were the bankers not jailed in 2008….
I’m guessing there was no board of directors in this business…🤔
Hope they have enough adderall in prison for him…
So young to be such a criminal! Such a shame. His parents and that twenty-something- going-on-seventy girlfriend of his ought to be thrown in prison in as well!
teenage boys 17-18 years old gave their lives on the beaches of Normandy during WW2 and you think 30 years old is young?
In Europe, we don't throw people in jail until they are proven guilty in court. But I've noticed that not one single country in the world can compete with the U.S when it comes to throwing people in jail. That's interesting. But on the other hand, you also let the worst liars, thieves, and con artists, like Trump, live free.
There is footage of him walking alone to a door and what I saw broke my heart. Yes he committed a crime and yes he lost money. Lokk at the broader picture of his psych, 110 years is not correct sentence.
@@tmophead Too many crimes like this take place. The problem is that society worships money, and those who can supposedly make billions are put on a pedestal and given free reign without scrutiny. This reminded me of Bernie Madoff, but this guy is young, and sadly, he lost his moral compass. These kind of crimes have to be nipped in the bud. He deserves jail time, but rather than 100 years, I think he should be given 20 years of hard labour, felling trees, digging ditches, and breaking rocks with a handheld hammer! He will come out a much better man who understands and appreciates the meaning of hard work rather than scamming, to earn a living!
@@tmopheadare you kidding?? He ruined the lives of so many people that put their life earnings into FTX. A commenter on a different video on this topic said their uncle jumped in front of a train and killed himself bc he lost everything from working 3 jobs. Who knows in what ways he has caused other people’s lives to collapse. Why do you have an ounce of sympathy for this piece of shit? He was a fraud from the beginning!! Everything he said and did was to sell and lie
This dude did exactly what mango did with inflating his ASSets 😂😂😂
So many lives ruined because of this guy.
Hedge fund managers, corporate investors and professional gamblers do not get any sympathy from me, they all gambled and lost
@@swisscottage1070 what about regular working people?
@@Mike-tb9xq FTX was a crypto exchange used by crypto traders and corporate fund managers, regular joe's would and should not be leaving any funds in deposit on that exchange, having said that if any of them did then i feel for them.
Yeah he did donate Millions to Democratic party that has really hurt a lot of people especially the poor
other wealthy people's lives were sooo ruined...BOO HOO! lol
The "Protect Our Future PAC" spent $24.2 million on independent expenditures (mailers, ads) to support 19 Democratic House candidates including Rep. Lucy McBath of Georgia and recently elected Reps. Maxwell Frost, of Florida, and Jasmine Crockett, of Texas. CBS News 15DEC22
The Rock is with CNN now?
This guy contributed a great deal to various political campaigns. Are progressive media needs to look into this once again, to determine if members of our political class returned the money they received from this guy.
Ima bet CNN also took donations from him😂
@@robhessian WHYWOULD THEY?? the more trolls like you show up your counted as a views which in turn affect revenue....YOUR SUPPORTING WHAT YOU HATE....INVITE MORE OF YOUR TROLL BUDDIES
@@Nic1Moreno. Perhaps we should not resort to name-calling. If you have a disagreement with an individual, your disagreement should be spelled out in A clear and logical manner rather than resorting to name-calling.
@@t.r.campbell6585 OMG A yourtube politeness clerk....
@@t.r.campbell6585BESIDES I WASNT TALKING TO YOU NOR WAS MY COMMENT ADDRESSED TO YOU....
Amazing how people just willingly hand over their bucks, hahaha,
When you have no money then theres no money problems,hahaha
I love how his name is literally “Bank Man”
and he is now well and truly fried
Shit got me weak
@@MrX-vk1jl"Bank man" well and truly" Fried" 😂😂😂I am roolliinnggg😂😂😂Stoppp ittt!!!😂😂😂
Give Bank-man Fried Madoff's old cell.
I think his arrogance cost him, to go along with the rest of it. DONE!
The 8 billion isn't gone just because of him. It's also the greedy investors who gave him the money
Greedy hedge fund managers, corporate investors and professional traders to be exact
I think it’s the culture
Let's just sum it up...he and his "investors" are all democrat scum.
@@swisscottage1070 Nobody I'm going to feel sorry for, but it's still a crime.
Is the politics going to give the money back
Are you saying that a guy literally called Bankman is dishonest? 😂
Jew.
No worries he could be sentenced to up to 110 years in jail. He will be 141 yrs old when he gets out
Let's not forget there is another 5 more charges waiting for him. I hope the prosecutions don't go soft on him. He should be made example to every other white collars criminals who think they can get away with their crime. Especially fake digital financial institutions.
Will the DNC give the money back?
Prosecutors cost 7.5 billion dollars for this case? We know they had been able to recover that much and it was supposed to go back to the investors.
Crime does pay. If your a defense attorney. 😊😊😊
You mean a public defender?
Or a biden
Didn't he know the rules of grifting? You can seal from poor people all day long with no repercussions. But when you steal from rich people you are going down.
Oh yeah, he'd make a great president . At least, he'd be on par with the last one .
But he’s a major Democratic and DNC donor. We’re talking hundreds of millions of dollars. The same dollars he’s going to prison for…
If he got a couple Plagiarism he'd be up to par with the current.
Bankman-Fried is the 2nd biggest donor to the Dumocrat party. 1st is that commie/socialist Soros group. Says all you need to know about the Dumocrats.
Andrew Tate said he pulled up in a Camry, and he knew something was wrong. 😂
what happened to the $8 billion? he must have something to show for it
I know it’s a fact he donated hundreds of millions of it to Democrat candidates and the DNC
Bankman-Fried is the 2nd biggest donor to the Dumocrat party. 1st is that commie/socialist Soros group. Says all you need to know about the Dumocrats.
His only option now is to run as GOP prez, with this ruling he just met the qualifications of being conman, criminal, traitor, coward, or psychopath.
But he’s a major Democratic and DNC donor. We’re talking hundreds of millions of dollars. The same dollars he’s going to prison for…
He is to busy getting cozy with Maxine waters and other high level democrats. He’s in good company with that crowd. Like minded.
Nice try, junior. But try and try as you may, you're just going to have to face reality that it's the democrats that are the corrupt criminals, not the republicans. Please read and try to comprehend the following: Sam Bankman-Fried, one of the largest donors to the criminally corrupt DEMOCRAT party was found guilty on ALL charges. I repeat: found guilty on ALL charges. Democrats are lying, corrupt criminal scum. Have a nice weekend! Oh...and TRUMP 2024!!! :)
He was the number one Democratic donor in 2020 he gave George Soros a run for his money I guess stolen money
He was giving out the 10% instead of getting it.
YOU NEVER PUT ALL YOUR EGGS IN ONE BASKET. DIDN'T PEOPLE LEARN FROM BERNIE MADOFF ????????????
Why does the dude on the left look like hes tryna refrain from laughing? Nice jawline btw
Shame he couldn't/wouldn't channel his gifts for good. Smart cookie, just a bad smart cookie.
WHAT IS WRONG WITH HER LIPS .......................................................................PLEASE TELL ME
He is only 31, he will be fine after serving 10 years in a white collar prison. He has all the money stashed up waiting when he comes out.
I read that the minimum sentence he can expect after being found guilty on all 7 charges is several decades.
Think more around 100 years in prison with all those charges, but yes mostly likely white collar prison.
Prisoners will take very good care of the mega-thief! heehee
most generous billionaire like one guy said
Can we expect Trump acting the same way when the jury says " Guilty on all counts your honor " The man already lost his company and Trump has no business running for office as is.
Send him to prison. Let the nation heal and come together. Those people who still choose to support him can still do so.
Buzz off dude. This is a news clip on Sam Bankman - Fried. Not Trump.
@PJL7095 these clowns 🤡 can't resist invoking Trump's name. He lives rent free in their heads, lol.
Trump acting the same way as one of the largest Democratic and DNC donors in human history? The same guy that’s going to prison for stealing those same dollars to prop up extremely corrupt politicians?
The mental gymnastics Mark…
@@PJL7095Both criminals and grifters.
Understandable - I was thinking the same thing - this sounds a lot like what trump did with his company. And agreed. he needs to face the consequences just like anyone else did. trump steals poor people's money more then rich people. This guy in this story took a bunch of rich people's money and they would just assume see him face the death penalty.
He has the eyes and facial expressions like a psychopath.
He should go to prison on his haircut alone
Freaking Swindlers
Who cares how he "reacted", who isn't delighted for his future. You steal, you lie, you pay...😂😂😂
watched 4 minutes of this waiting for the title of the video to be answered and once she finally asks the question this dude doesn't even answer it. wtf
Fried is what happens to you when you're made to sit on the electric chair, after being found guilty of stealing from rich people.
Where did the 8 billion go???
Penalty will be stiff.
He will not do well in prison.
Do you think you will though?
No one does!
Speaking from experience I take it.
@@georgeburns8447 oh get a life instead of trolling people.
He might actually do well, he has given a lot of money to his family and they may pay for his protection. (And to get him stuff like a smartphone smuggled in) Wealthy people do well in prison, especially if they are not there on crimes that are frowned upon. (Like s*x offenses)
Are we going to see the people that took money from him prosecuted
so trading in crypto and your name is "Bankman" ....
and then you get convicted and your second last name is "Fried"
Stealing money is not "making money" .... he thought he was a current day Robin hood. Another delusional con man
When are his NFT’s coming out?
He's be happy with the Democrats just giving his money back to him.
What a weirdo. Send the criminal to jail.
SBF is a Jane Street veteran. How skewed is finance subculture towards fraud in general?
from tucker to cnn, she gives off super creepy girl joker vibes
With that mop of a hair style he would have been better suited and useful being a toilet brush.
Reminds me of the motto of a school: Scientia maxime cum Virtute(Knowledge is best with Virtue)
Boomer generation here:
I know nothing about how crypto works and am not eager to learn about it.
Am I missing out on real investment opportunity because of my stubborn unwillingness to accept this 21st century form of investing or do I just have the wisdom of age (with the silver hair as evidence) to know better?
Question to the younger folks (or even hip boomers) who do understand crypto; is it real, regardless of what happened in this SB-F case, or is this case indicative of the nature of crypto?
Is crypto real, when traded with honest brokers, or is it a Ponzi or pyramid scheme?
Most crypto is a pump and dump or a ponzi
not really, there are other safe alternatives to crypto as investment. If you have a lot of money wont hurt to invest in some small amount bitcoin and ethereum… There are use cases for it online but otherwise stick to things you understand. Not like gen z understand this any better than you, they just want to get rich fast and not miss out.
@@thegalhorowitz
Therein lies the question; is Gen-Z blinded by the illusion of "get rich quick" and themselves falling victim to the pyramid scheme?
By the way, I lump Bitcoin in with crypto currency. Am I wrong in that?
Part of my question is, am I missing out on great opportunity or am I wise enough to know better?
Crypto rises and falls on hype. Very volatile, very dangerous to rely on. If you're rich you can just try it out with a small amount that you can easily afford to lose. Otherwise stay well clear.
Fellow boomer here. I took everything I had, put it into FTX, built it up to about 140,000 then... Poof… all of it disappeared. I’m just one of the little people, but for the first time in my life, collection agencies are after me and I’m looking at being homeless. If somebody mentions crypto to you… Start running and don’t look back. I wish somebody would have said that to me about a year and a half ago.
Thought he was tRumpf, please...please let this be an appetizer for trumpf
I bet you as soon as he was led back to his cell he sobbed like a baby
Time to clamp down on the long runs of crypto scammers.
Was he greedy or stupid? Or both? I think both.
Where is the democrat party getting the funding now?
Real shame that the fall guy has fallen...
So where's all the money this crook stole now? Gone? Just like that? They can't seize his properties and existing bank accounts?
Prosecutors played it perfectly simple: The currency is new, the players are new, but the grift is as old as time.
Exactly what is in store for humpty trumpy
As he left the courtroom he was heard to scream: "Mom! Mom! The meatloaf! Now!"
If you're quoting Will Ferrell from the movie Wedding Crashers, you got it wrong. It's "Fuck!" at the end, not "Now!".
NSFW@@poppyboiXCIX
The important thing now is for the Republican Party to hold up aid to Israel and the Ukraine so that wealthy criminals like Bankman-Fried can more easily evade paying taxes needed to keep the country going.
He thought he was going to be president one day? Good Lord!
Is SBF in jail right now, or does he get to go home until sentencing?
Hoping this will portend the same verdict in New York criminal fraud case against trump, if it is pursued., now that the civil trial is almost over
Pssst...
Any news about Pelosi?
Is she okay? 😂
Did anyone hear that burp?
President of D Wing
Has anyone been on a jury in a relatively clear cut trial like this? How long did you deliberate for, and what was the discussion like in the deliberation room? Would love to hear perspectives on this
I was also on a jury in which everyone agreed in the guilt. The discussion was maybe 15-20 minutes for each count (total of 5), though it was simpler than this case. The individual on trial wasn’t liked by anyone in the court room, his attitude definitely seemed to impact how quickly we deliberated in finding him guilty.
Busted and headed to jail.
What is common between Bernie Madoff, Jeffrey Epstein, Lou Pearlman, Jordan Belfort, Sam Bankman-Fried, Jack Abramoff and Anthony Weiner?????
Life, it's just money 💵
Kids today....
Forgive my ignorance, but is SBF currently out on bail or in police custody?
He’s been in jail since August for violating bail for witness intimidation of his ex girlfriend
@@vandydandy2697 Thanks for the information!