Former Assistant U.S. Attorney to the Southern District of New York and former Assistant Special Watergate Prosecutor Nick Akerman joins Yahoo Finance Live to weigh in on the criminal case against Sam Bankman-Fried.
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#yahoofinance #sbf #ftx
Yeah well, SBF will be Epsteined, and there goes that.
Will the bank man be freed?
This is a comedy of the absurd. If you buy crypto and any financial instruments dependent on crypto, you are a fool and proceed at your own risk. So now all these fools who feel they have been defrauded want justice. For what.? For being a fool?Sorry the tokens and the crypto are gone, vanished , gone to hell. Crypto is a Ponzi scheme par excellence and if you did not get out early you get zilch. Really, even the ghost Bernie Madoff is laughing at this one. A new asset class? It is not an asset, it is not an investment, it is nothing. Valueless. Read up on Warren Buffet. You might as well have bought rolls of toilet paper.
Why state prosecutor not use RICO Act against Sam Bankman father and allow to pay bail for him
I’ve heard they make you sign the bail agreement, could be wrong or different instances
He stole billions XD
He will pay in tokens
He’s gonna rat out Kevin O’Leary
No one paid 250mil, or even the 10%. Parents house is only worth 4mil. It’s all smoke and mirrors.
He gave them FTX tokens
He may be “suicided” especially if he is in the position to name names….just sayin
These talking heads think it’s appropriate, the notion that sbf is using stolen funds to secure bail.
Name names and have proof because I do not trust anything Scam Bankrupt-Fraud. Only the stupid believes him.
If he squeals on the Democrats, he will be EPSTEINED
His days are numbered. JMO
He looks different when dressed like an adult.
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Bots in this scammer comment
Hunter Biden.
Funding dem party and politicians that correct??????????
I cant tell who is fucking the customer harder. SBF or the federal government. There’s been at least a billion dollars in fees putting this dude behind bars. Customers will get pennies on the dollar while Uncle Scam and John Ray make off with hundreds of millions cleaning it up and protecting the customer.
Yeah. That will happen.
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I wonder if SBF is going to roll over about Gary Gensler of the SEC. Banksters and Gangsters all about wire fraud. Might as well bring up Wells Fargo, Citibank, JP Morgan, Goldman, Credit Suiss and the rest. Big bank fines far exceed anything SBF has done. Maybe he will roll over on them too.
He shouldn’t have any money – wtf?!?!
There shouldn’t be a bond!!!!
This must be an investment with Mrs Geraldine Lane
Wow I’m just shocked you mentioned expert Mrs Geraldine thought I’m the only one trading with her
$250 million is money they stole from investors, so they don’t really care. This is unfair, just like the FBI – the Fake Bureau Institution of elite criminals. Nothing ever happens to this level of criminals. Except for Epstein – they whacked him before he could rat out the politicians!!! Welcome to control and manipulation folks!!
Sam distinguished himself by working to make money do good work. He failed, but at least he’s not an example of the usual run-of-the-mill capitolist dirtbag.
what you mean may be lol. People will just say they arent tech savy and trusted him. If he gets away its simple corruption but i think banks wont let that happen and will try make example of him.
I just saw a man humiliated at the supermarket two days b4 Xmas for shoplifting $40 worth of groceries that would have cost $25 if it weren’t for the economy. George Floyd died for a fake $20 dollar bill.
But this MF walks, 1st class flight back from the Bahamas on bail that is less than 2% of the tens of billions he stole. Wow!!! Merry Xmas for who?? Certainly not the Blackman….
And Epstein was in a position to name names too!
He can pay it with the wooden nickles he was selling!
HIS BRIBES TO THE DEMOCRATS ARE PAYING OFF….HE IS NOT EVEN IN JAIL.
Hhmm.. celebrities endorse shows they can do pretty much anything if the money is right. Politicians donation can be a way to money laundering. They should all be investigating.
Name names… what like himself?
These newscasters are ridiculous… Acting like $250 million bail is a big deal ha ha Ha shows you’re out of touch with reality… The guy stole billions… He walks free… So what??
He wasn’t in charge of anything. There are other people who are pulling strings. Look deeper.
Corrupt democrats are in panic now….Biden admin is full of thieves even himself, joe biden is as corrupt as hell…he is a Thief Of America….the Obamas, the Clintons…how they ALL got rich??? Tney are there to steal money from taxpayers….sheme on them!
I didn’t click on this because of the topic, I was just surprised that Yahoo is even trying to be relevant.
The most depressing thing isn’t just all the money lost but that he likely will get away with it.
Ftx was a planned fall guy to help with sec picture painting of we need regulation …personally regulation is the worst thing thats happened to crypto …it brings all the corrupt filth players that are allready billionaires ….the original satoshi vision is lost …fk the system no vot no co sent end governments world wide
The ODDs that SBF testifies are about as good as the US Government releasing ALL the Documents related to the JFK Assassination…For you NEWBIES…the Government keeps PROMISING they will release ALL the documents?..’Toxic Trump’ Promised…Ahhh Check it out…Did NOT Happen…Documented!…Sleepy Joe…Yesterday…The Same F…ing Thing! Must be a Coincidence? OR a Conspiracy??? But PLEASE keep voting for the SOS…NOT!
PERFECT! Let Sam & His Parents put up Crypto for Collateral for a 250 Million Dollar bond! J Dimon..’it’s OK as long has they have 250 Million Pet Rocks!’ Two Dogs!
Betcha Gary genslier is getting very nervous
SBF also stole the officer escorting him out neck. savage.
If it is legal, I think many people would prefer summary execution.
With power that can sway elections, 250M shows the type of support that is behind these nefarious collective groups of friends, political supporters, upper academias and families.
Kanye was right.
We all know the names, just most of the public has no clue who Gary Gensler is.
His only mandate is to tax the Poor’s crypto and turn it into…read
Shorts,spoofs,frd,naked shorting,dark pools,politicians,private prisons system,insurance lobby against healthcare,oil education,hedge fund media, wallstreet proxy wars, politicians handing bailouts for 1% gambling, politicians funding wars with tax dollars for wallstreet profits… We see it all.
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Bunch of scam bots and fake likes
Naming names will be easy for him: “Mom” “Dad”.
Your Not so smart now SAM… LOOKING GOOD IN THOSE CUFFS.
SBF didn’t kill himself
GREED IS THE ANSWER, SCAM BANKMAN IS YOUR NAME
Afraid of his parents? Im turning this crap off for good.
A fear of wrath from his parents? 😳😆😅😂Nah,… Who’s to say,☝🏽☝🏾 they weren’t involved?? 🤷🏽♂️
He’s out on a PR bond.
SBF didn’t kill himself
Tied to home?
Dude literally chose to in tax shelter in Bahamas and literally tried to fight extradition!!
And the 250 million is simply a marketing scheme by gov so they can pretend they care but still allow him out. What’s 10% of 250 million?
You’re telling me he had that much resources or his parents did?
This is just
More evidence to show what a joke our country is at this point
This is simply spectacle for the
Masses to distract as American families wealth is transferred to the wealthiest
Fraud and theft isn’t a “new area”
Can mainstream corporate spokespeople get any stupider and still survive to adulthood to be useful to the ruling class at this rate?
What plea deal?
Why should gov make a plea deal with someone who spent last year denying responsibility and intentionally staying outside the jurisdiction?
This is such bullshit and is an example of what a joke our Justice system is. If you give kickbacks to the politicians you will get special treatment
Sam intended to throw these guys under the boss so the acted fast. This is why the speed to cooperate
I say throw SBF in with the homeboys and gangbangers! He’ll be getting extorted for his commissary and turned out before the first night is over! LMAO
You Work For 40 yrs to have $1m in your retirement, Meanwhile some people are putting just 10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life
You are right, to be a successful person in life require him or her of hard work and times.
I am sure some of the film producers must have started work on it’s script for a full fledge movie.
I cannot wait until he names Maxine Waters as one of his co-conspirators in this money-laundering scheme. Imagine her being dragged out of her home in handcuffs. Well, you won’t have to wait long if he sings!
He won’t name any names when he commits suicide because of all his guilt.
Like asking a Maxwell to sing.
Perfect candidate for an Epstein 🎉ending if he names names 😅
Who paid bail?
Mmmh
He said he had 100 k in he’s name
Investors probably not happy this holiday 🎉
Paying bail w investors 💰💵💰💵💰💵💰
More softball justice
Tha government wants him to skip bail as all they care about is getting that $250 million dollars
So his parents put up their home which is no where near the 250 million he had to put up (their home is worth at max 4 million) and they believe he will not leave as he may deal with his parent’s wrath. Lmao. With the amount of money that is missing (8+ billion) if he flees and has a percentage of that amount he will be able to buy his parents another home anywhere they want.
Liberal Media still going to bat for him.. he probably donated to yahoo
I hope SBF Is not suicidated
Can we all agree that this 250M bail number is simply misdirection meant to make the public feel like Sam isn’t a recipient of softball justice.
Guilty until proven rich
Who in the world will he name? He, and he alone created this. He instructed Ellison and Wang to do everything they did, including all the dreadful trades that made it look like their losses were viable.
Just crazy.
Wait, don’t tell me the judge that granted him bail is ronnie abrams, the same judge that had to RECUSE herself from the case because of conflict of interest regarding her husband having represented sbf in the recent past…
His own?
Why do you think he’s going to slip in the tub and hang himself?
This is a massive Democrat fraud. This money was used to fund key Democratic
SBF for president of the USA 🇺🇸 Come on America he’s surly you’re man
10% $25.
Mums house down 4mill
The $250 mln bond was funded by two people anonymously.
Well let’s hope SBF taped some of his conversations with Gary Gensler! SBF’s only leverage is to throw Gary under the bus!
SBF is only still alive because Netanyahu and other special interests are protecting him. He laundered a lot of stolen money to Zelenskyy through intermediaries. His main “out” is to give the government “the goods”.✌️
Well He Has To Save His Skin He Has No Choice
Once again, it is scentless to comment if your opinion doesn’t meet the narrative of someone on You Tube. It is amazing how many replies to comments are censored.
Have Sam name his father who worked for FTX for one year and signed on millions of dollars of realestate in the Bahamas.
I like the way how you steer it around the key point the key point was investor invested their money and made profit on their investment Sam Beckman used the investment money that was made and moved it to Alameda. Meaning each investor money that was used after their earnings was on their books Sam used their money their earning of their investment money that money needs to be returned back to the investors. My point is my investment of $450. Got my account Frozen because my earnings was over $5 million dollars. I want my frozen account earnings. And he stated to me that my earnings was protected they sent that email out if you cannot recover that email which I know you can it’ll show October the 14th they froze my account said I reached the maximum limit in $5 million plus my account with steady making money but they would not let me draw my money off my account so I can steady pull off my other earnings
I dunno about that , already 2 other big players in this plead guilty and are going to testify against him .. soo what other names?
Wang developed the back door software. He is just as at fault for the money as SBF
I trusted this guy because he looked like Mark Ruffalo, my idol. Since Mark is a good person, I assumed that Sam too, was a good person. I felt betrayed.
name names? RIP
Sorry to hear of Sam’s suicide in two weeks time 🤷🏻♂️
What a joke this judge is. They ONLY put up a 4 million dollar home, NOT even 10%! Stop saying it’s a “high bond”! It’s not!!
40 years without parole, they have destroyed thousands of peoples lives
Nick A. Finally, someone explains, so we understand.