#FTX #SBF #yahoofinance
Bryan Cave Leighton Paisner Partner Renato Mariotti joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss the criminal charges being brought against FTX Founder Sam Bankman-Fried.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
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Charge his girlfriend too
@Bruce Smith lol! That’s exactly what I was thinking.
All the celebrities who took huge payments to make ads
to give this dirtbag credibility should also be fined heavily and/or jailed.
Without Tom Brady and his other professional endorsers,
this con would never have gained this much momentum.
When people see celebrities endorsing products on TV,
they think the celebrity has some knowledge of the product
they are endorsing. That’s the whole purpose of celebrity ads.
WRZ 2022-12-03
@Lorne Malvo Didn’t know about Constance, exactly, apparently 20 yr old COO of FTX🤦🏽♂️🙄, if its customer money stolen they need to pay it back and be held responsible. Even SBF’s parents who reported to have Millions in real estate in their name, Caroline Ellison, and also the CEO of The Block who took $40mil personal loans from FTX. This is not just an SBF fraud. It was a fraud Party!!
@Zosukuma Kunene exactly. also, constance wang is his sister or family member, sorry i didnt mean brother. but to your point all the money didn’t just disappear. ftx was ‘hacked’ on nov. 10th and xfered hundreds of millions of ftt into eth, which is now the 35th largest etherum wallet in the world. hopefully the people who benefitted from this ponzi scheme are all held accountable, because the fraud is so cocky it should be obvious.
Why don’t you STFU and worry about your Impotent Putin.
I got my blunt rolled and ready for the trial
Better have a long blunt there Einstein, trial starts 2024.🤦🏽♂️
the ultimate packwatch lmao
If he makes it that far… 🍿 😎
@t500010000plot twist 🤙😏
sam forgot his exit plan, too bad..
His Gf working with prosecutors.
I was thinking the same. She’s spilled it all out. While this dumbass is giving interviews…
@Na Na she had to. They said last week they filed charges and Friday had a warrant for his arrest. He got arrested Monday night . He will go down and the rest will get plea deals
Absolutely. I saw some of their internal chats from Signal conveniently got released to the Feds. It’s incredibly likely they only got those with physical access to someones unlocked device. Only one person that was in the US, and accessible at that point. I guarantee she sings like a canary, and they try to make an example out of SBF.
or democrats are worried what he will say to the republicans thats why they did fast dishonesty pays the bills democrats learned that very well
Hard to believe all those pot/meth heads running an investment firm on the beach was a scam.
Hard to believe a $1 billion personal loan from customer funds is a scam…. Harder to believe you’re not an idiot. But hey look at the evidence.
But but celebrities endorsed it!!
Hopefully he has 24 hr surveillance for suicide watch. Something suspicious might happen with his ties to USA government given the quick arrest and charges. Crazy.
The speed of the arrest tells me the Bidens wants things hushed up
Despite the economic downturn,I’m so happy☺️. I have been earning $ 60,200 returns from my $7,000 investment every 13days.
THANKS A LOT I HAVE CONTACTED HIM NOW AND HE RESPONDED I SEE THIS AS AN OPPORTUNITY TO ESCAPE MY FINANCIAL SITUATION😊
I’m from Los Angeles , I and two other of my friends tried him immediately we testified his performing wonders
Countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading
I just withdrew my profits a week ago, it was so shocking when I withdrew $32,450 knowing I invested $3,000. I wish I could reinvest but, too much bills 😩
Long term investment is the best now. I invested $6,500 in March last year with Mr Michael and I top up my trade with $500 every week. Now I’m having over $147,000 on my dashboard. Toping up your trade is really important
Commie Demorats got lots of stolen money…..let’s go brandon
They did not indite SBF for what he has said they indicted him for what they thought he might say .
I mean, he admitted to fraud and lost $40 billion of other people’s money, which, I don’t know, but kind of seems like a valid reason to indict him.
I wondered why they didn’t wait until he was on American soil today to arrest him?
they didn’t want him to testify in congress
He was going to testify via video not in person. But also he would of just said I didn’t know this and that and would be pointless. Like his interviews .
because they know he know he won’t be safe in America, could be arrested anytime. He was planned to have video call instead, so if the situation gone bad, he can flee easily
He was never going to testify on US soil.
@Hhb Bbb he actually admitted to most of his crimes in his interviews.. or well, maybe he did even worse..
I’m so happy this has happened to you wokesters. SBF has cooked the books and deserves life sentence like Madoff. And don’t think the justice system will get your money back. You woke losers have lost cypto and it couldn’t have happened to a better group.
Where was Gary Gensler?
complicit
They try to push it through before it starts leaking who all got money from him
Yep. The timing is too rich.
Can you explain why that would be an issue? He was considered incredibly successful until a month ago. It’s not like they were taking money, at that time, from a known fraudster.
@Prince and friends Sorry, it would only make sense if your mom was an alcoholic while pregnant or bathed in lead paint. It’s just another conspiracy from the tin foil tribe. He donated a lot of money to political parties, but we have no clue how much of it was “dark money” thanks to the Citizens United ruling. A lot of people with an agenda just use that as a plot line to support their weird beliefs.
How long before he transitions and identifies as female??
He looks and sounds more like a eunuch
I know it’s 2022, and you do you…..but what a strange thing to fantasize about.
or maybe he was taken the stolen hacked money and going to skip town…. also others going to get charged too—-conspiracy to commit…means more than one. There wont be a trial….he will plead out…at he will get aroud 100 years.
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 🚀🚀
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I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
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Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
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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.
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
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Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
bot
Scam
He was made by the same ones commiting treason
That Harry Potter girl must of flipped)))
A US recession is inevitable. Negative GDP for March and June quarters in 2023
yes, back to more relevant things..
Did you hear that? Former prosecutor, “I would spend months trying to find the smoking gun” DOJ processes are top-down – they brand a citizen a criminal first, then find/create the crime second. That’s why 1/25 citizens put to death by the U.S. government was innocent.
WATCH MY RIGHT HAND!
(pay no attention to my left hand, hiding the campaign contribution charges under the rug)
FTX is a billions dollar children playground that investors think is a good investment and customers think is a reliable exchange.
Really.. this banana-head is the typical legacy Rich Kid. If he had any sense at all he would have:
1) Socked away genuine BTC in a cold storage wallet when FTX was at peak valuation
2) Had dedicated bribery money available (escape the Bahamas to a country with no extradition)
3) Bought assets / land in a country using shell corporations, again with no extradition to the US and strict privacy laws
Oh well..
It was a scam from Day 1 and they all knew it but acted like this day would never come.
Also, the ex-gf is walking around free in NYC. Was spotted at a coffeehouse in NYC confirmed and the only reason for that is she has likely cut a deal to turn evidence.
All the celebrities who took huge payments to make ads
to give this dirtbag credibility should also be fined heavily and/or jailed.
Without Tom Brady and his other professional endorsers,
this con would never have gained this much momentum.
When people see celebrities endorsing products on TV,
they think the celebrity has some knowledge of the product
they are endorsing. That’s the whole purpose of celebrity ads.
WRZ 2022-12-13
I guess SBF is not as bad as Crypto super villian Ross Ulbricht founder of Silk Road who got 2 life sentences…
Yea, maybe SBF will get away with a single life sentence. Then again, Bernie Madoff didn’t get life, he was sentenced to 150 years. If SBF received such a sentence, under Federal sentencing guidelines he would have to serve 85 percent of that sentence before becoming eligible for parole. So, that would be 127.5 years; except Federal Courts like to express the sentences they hand out in months, so make that 1,530 months.
I doubt SBF will get that level of sentence handed to him, but I won’t be at all surprised if he is a senior citizen before he becomes eligible for parole. Oh, and I don’t believe his Harry Potter fan girlfriend flipped on him. (At least not yet. She may get an offer from the prosecutor, but I bet it will have prison time attached to it.) The Feds have probably started much lower on the food chain at FTX and people we’ve never heard of will be; or already are, the first to flip. (Just a prediction, not a certainty.)
People never learn.
@Sonic Sympson Ross was never charged so…
Yeah, if Ulbricht really did try to arrange a hit, he deserved a long time in prison, but the evidence and whole investigation is murky with plenty of tampering, etc. Besides that, someone spending their life in prison for facilitating the sale of drugs is futile and draconian. The war on drugs is an absolute failure. At some point there will be a rational regulatory framework for safely controlling substances that doesn’t involve long prison sentences. With SBF, the massive theft of billions and defrauding people is plainly unethical, and it should and hopefully will always be punished heavily.
@Dan yeah you´re right. His charges we´re something different. He was arrested in 2013, and two years later a Manhattan federal jury found him guilty on seven charges including conspiracy to launder money, conspiracy to commit computer hacking, conspiracy to traffic narcotics by the means of the internet, and continuing a criminal enterprise (the so-called kingpin charge).
Fortune Favors The Brave 😲
will the democratic party give the money back?
After it’s proven in court bc between 2018, 19, 20, 21 SB Frauds mother gave between 96-99% campaign donations to the Democratic party. She’s going to prison along with her son and Husband for buying 19 Properties with money that didn’t belong to any of them.
Republicans too since SBF claims he also donated to them via PACs.
The “Scam of the Century” will always merit the “Penalty of a Lifetime!” Let that sink in…….
Sbf not be freed he got caught for some fraud
Aside from the obvious fraud, embezzlement, various crimes and some stolen staplers, isn’t this ultimately what all the crypto bros wanted; decentralized, untraceable, and devoid of oversight.
FTX was a centralized exchange
They didnt want him to testify and spill the beans on everyone involved in gov`t. not surprised if he gets killed in custody. There were a lot of people in the background higher up involved in this.
kinda legendary
For all the money this clown stole, he could have bought twitter
right out from under Elon “Dumbass” Musk.
WRZ 2022-12-13
What it suggests to me is that there are people who did not want SBF testifying before the finance committee today
What would be the point? He’d admitted fraud on a podcast, as well as to a popular YouTuber, he’s been talking non stop, and there’s no doubt he’s guilty.
these old boomers woul only ask the same questions. plus he would lie anyways
Wouldn’t records be on the Blockchain?
No.
It’s traceable as much as these thieving kids tried to hide the tracks. Electronic anything leaves digital foot prints.
Yahoo finance was a total shill for Bankman-Fried. Hahaha. What a joke
The fact he mentioned that chick is pregnant and got a long sentence is exactly why she did it. She got pregnant after being charged and waiting trial, pretty messed up. Hopefully Sam and the girl that ran alimeda got a long sentence
Her faulty product also was a medically critical one, in that it impacted decisions that doctors would make for their patients. SBF will likely cause some suicides, but what that woman did was battery at the minimum and more akin to manslaughter.
@Dingfelder Smurfalot she definitely got off light then, I didn’t realize it went that far. Crazy
isnt sam pregnant also?
@peanut lol I’m sure he’d play that card if he thought it’d work
Liz got 11.2 not 14..
He probably fled the country because he was worried some disgruntled investor might kill him.
So it all just went missing and everything is just so convenient. Bet it leads right to the administration running this country right now. That’s why nothing is being done. They know exactly where it all went. The dude even got Ghislaine Maxwells attorney. It’s all linked.
Elizabeth Holmes got pregnant? Knowing she was going to prison for a long time she got pregnant? Who are these people!?
Rich people. They are the worst people on the planet.
well, SBF literally went on a media campaign and chatted up his crimes vs exercising the 5th and staying free for half a decade.
For an MIT grad, he’s a fking idiot.
Talk about how the Democratic Party used the money he stole to support the clearly illegal use of funds to throw a United States Election!! It won’t hurt for the media to show the truth!
SBF and his whacko gf will get off Scott free. They are well connected
Crazy eyes 😉
exactly
truly shameful how people could fall for a disheveled bum like SBF
Sam Bankrupt-Fraud didn’t hang himself.
Theranos Elizabeth Holmes got 11 years not 14. The hobbit girl better not skate, she is just as guilty as froboy is, sort of like Trevor Milton and Nikola, 2nd in command Mark Russell skates with 500 million and a life of luxury for testifying against Milton, it’s just not right.
This is what happens when you think reality is just a video game.
I got some plans of my own for certain people in a courtroom also
It shouldn’t be difficult when the dude literally admitted multiple times verbally to fraud like the incompetent dunce he is