#FTX #SamBankmanFried #yahoofinance
Yahoo Finance’s Alexis Keenan explains FTX founder Sam Bankman-Fried’s legal liability as he agrees to interviews with the media.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Two-tier system game was rigged from the start, follow the money, who got donations
SBF claims he made dark money donations to Republicans too.
@nosuchthing8 I believe it
Give me your money. I went to MIT. I want to play with it.
Exactly
These are the charges you would face if you did what SBF did
Cook that Brat!!
US law is garbage law. Criminals will be free when donate a lot of money to democrats. FULL STOP_ !!
Whoaaaw jacket
Agreed
SBF is a HERO – He separated billions of dollars from Conservative crypto fans, then he used the money to save American democracy in the midterms. Genius Move!!!!
Democracy = FORCING people to take experimental shots. Sure. Ok. LOL!
No
@nosuchthing8 LMAO! That’s the DIRECT answer, right there.
You nailed it. 😎
Progressive far left crypto fans.
40 million to the loony left Dems.
Tiffany Fong has posted her post bankruptcy audio interview with SBF on her YouTube channel. This interview is really important. SBF talks about Citizen United and Dark Money… And how he made equal “Dark Money” contributions to buy Republican politicians…
He’s warning them that if he goes down they’re going down with him.
SBF said he made the exact same amount to Republicans as he gave to Democrats. Based on what is currently known he gave $40 million to Democrats and roughly $1 million to Republicans. We will see when the smoke clears.
@luomio maybe
This is planned. Of course they told him to get out there and play dumb.
the dude just wasted 10 billion…My God!
As much as this kid is a mumbling idiot who obviously committed fraud, there should be mention of the greedy idiots who gave him the money. One should always remember America was and is a criminal enterprise. Founded by thieves stealing land from rightful owners. Just another incarnation of how America truly works. And in the immortal words of P.T. Barnum: There’s a sucker born every minute.
Why is no one making the distinction between the US and Bahamas? You guys are clueless.
If you mean they can’t legally prosecute FTX et al because they are headquartered in the Bahamas, that’s debatable.
@nosuchthing8 all depends on what is the company’s statutes. Bahamians are already issuing profuse, british stiff upper lip apologies on his behalf. 😄
@nosuchthing8 They why is nobody debating it? They don’t even acknowledge that there are two different countries at play.
@Key Pawn we both know why. It’s very results oriented. People want results and not be confused with the facts.
There is supposedly evidence coming out now that this guy took customer funds after the bankruptcy filing and put it into another company to purchase property in the Bahamas so it can’t be confiscated. The level of fraud and corruption here is so bad but this is what happens when you allow it to spread for years and run rampant. If we didn’t even see Trump go to jail and he led a frickin insurrection at the capitol, there is no way this guy is going to jail.
Sam is a Democrat. He is innocent
@nosuchthing8 Mostly Democrats though, and by a wide margin. Donating to a couple RINOs doesn’t change what is obvious. The Democrat Party is complicit in and condones fraud and corruption at a massive scale.
@nosuchthing8 That’s why he is innocent. He donated to both parties, so they will try not to prosecute him.
@Ace1000ks1975 they can try. It might buy him a lighter sentence.
@Kevin Rockets no. He said they donated equally to the right and the left. It makes sense. Buy everyone off.
@nosuchthing8 Mr. Bankman Fried isn’t in the USA, his company is in the Bahamas. I don’t know if the US authorities can even extradite him.
Kind of like Douche Kwon, he was in Singapore now.
The CEO of Buance isn’t in the USA either. I think these guys did this intentionally, so they can get away with their crimes.
Hes a bullshitter
You guys are being fooled again. This is how he was able to defraud millions of investors. Sigh. You are all too easy. Gosh, I have never seen so many gullible people. If this is another person, say a conservative, would you say the same things? Not only are you gullible and idiots, you’re also hypocrites.
… and again the privileged, untouchable elite walk while their patsy takes all the heat. The media is covering for this woke establishment by not going after the US politicians, former regulators, heads of state that were tied to this. Follow the money.. who benefited from this collapse? That is where this irresponsible media needs to go
SBF should get the same punishment as Bernie Madoff.
Let’s see: if he NOW SAYS he didn’t mean to defraud people, then he didn’t mean to.
Why isn’t this allowed with every crime? “I didn’t MEAN to…”.
“NOT GUILTY! He said he didn’t mean to steal that car. It just happened that he stole it! FREE HIM!” hahahaha!
I didn’t intend to co-mingle the screwdriver with the ignition system.
@tether go brrr 😂🤣😂 💯 💯
The hosts’ lapels are something to behold
Rarely any consequences i bet, maybe 2 years and probation
Maybe SBF will get home detention along with Trump
Oh now I get it – since I didn’t try to mess up I’m not responsible legally!
SBF, the Karl Marx of new era.
How long before this guy suicides himself 🤷♀️I mean Democrats laundering money through Ukraine looks like it blew up in your face🤣 Russia and Ukraine war will be over and done with soon ….JUST LIKE MAGIS YALL 🤭👌
Backman madoff with the money
I tried and tried and tried to warn people the crypto 💩 would empload! All I can say to you kids is; 😅😂😂😂😂😂😂🍇😂😂😂 I still have a bank account full of USDs! 🤣 Do I sound smug? It seems my voice is smug!😂🤣🤣🤣🤣🤣 A fool and his money… … 😃😃😃😃
If he wasn’t the second biggest democrat donor and he was the second biggest republican donor, he’d be locked up already.
When Madoff ripped people off, even innocent clients had funds Clawed Back. Will they do this with politicians who got donations he gave them???
Sam stole from us, and it is unfortunate that so many people have lost millions of dollars in cryptocurrency. However, Mr Rahul Gupta provided me with a basic understanding of the benefits of trading over hodling, particularly in a speculative market. He then gave me his daily trading patterns, and within a month of leaving FTX, I was able to make a massive profit, recovering over 96% of my portfolio.
Now you have my attention, how did he do it for you ? So many lost from this crash . More tips would be needful or still share us a contact info of Mr Rahul..??
RahulGupta104
@Amanda Gruffins Thanks for the info, i’d reach out to him right away.
God blessings.
i sent him a message , i await a response now Thanks.
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 is 🔥🔥
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 is 🔥🔥
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
I’m now bouncing back to a normal life with the help of Miraveststock after all I’ve lost in cfx and FTX miraveststock has better my life and the life of my family with the weekly profit
Nail his A$$.
I bet people will never find the money they hid across the world. There is no way all that money turned into nothing. Trace the money. Look at his parents. This guy may go to jail but he will have a golden parachute when he gets out.
They also should check with employees who have resigned because of practices.
His parents are compliance lawyers. It is like saying that your father is Federer and you don’t know hitting the ball outside the court will lose the point.
What about the regulations? Why are they not getting hit too for letting this happen
All of you losers need to leave my boyfriend alone!
SBF is innocent!
This guy openly admits to paying off reporters and media outlets! Journalism is dead and gone.
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Marshmello Finance MARSH3 is 🔥🔥
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Hey button nipples, that suit is ridiculous.
Its pre-planned to fail. Sbf – from genius young guy to all of a sudden dumb guy. Wow! Hes not gonna go to jail, too many supporters from politicians who benefitted from contributions from sbf. Investors money. Politicians who received money from sbf should return to ftx. I thought these things happen only in third world countries. Tsk tsk.
Is this a Joke ? Bribery works ?
Sam Bankman should be sentenced life in prison without parole ” he is a criminal he destroyed the life and saving of millions of innocent people”, BUT this America ( They take care of the “Chosens” and specially he is BIG Democratic Party doner) thus he may get couple years and he will be free.. Again this is America .
His parents are Stanford law professors. He knew what he was doing was illegal. He did it because he doesn’t care people lost their life savings and his desire to be wealthy exceeded any compassion. I hope he isn’t reading comments because this has nothing to do with me but it seems likely at least one investor will commit suicide over this. I only put suicide on the person that does it even in extreme circumstances like this but it still sucks to be connected to the likelihood of the act.
I am afraid that mafia and criminals with large crypto holdings in FTX will come after Sam and perhaps also want to snatch Caroline.
@Thor Sørensen good they deserve it.
Question is, will his entitled ancestry get him a ‘get out of jail free’ card.
$9 billion of folks’ money has walked, SBF has walked,…will the ruling class folks, which SBF is from,… allow this to happen?
What a HILARIOUS situation.
I wonder which members of the audience during the interview are calling their “cleaners” about this guy
If sbf is th only person could help where the ftx assets and money went. He should be running the ftx under tight supervision. What you guys think? And if since he lost the the money and as he says he can make the money back. Let him do it under controlled conditions so millions of people can get their money back. THEN punishment comes in.
Sam Bankman Fried Scam Bankrupt Fraud
We don’t arrest jues in this country, no matter how heinous their crimes. Communism IS juud aism ✡. Wakey Wakey, the go… y im know.
FTX had a no lose business model. Collect transaction fees on client trades no matter the direction crypto goes. But they got greedy.
After they get him from Bahamas or AFRICA!