A New York City jury convicted FTX founder Sam Bankman-Fried of fraud on Thursday after less than 5 hours of deliberation. He was found guilty of all 7 charges, with sentencing to take place on March 28, 2024. Bankman-Fried may also have to face another set of criminal charges that allege he committed bank fraud and bribed Chinese officials. Yahoo Finance Legal Reporter Alexis Keenan joins the Live show to break down everything involved in the trial and the decision handed down by the jury.
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About time! Now where’s all that money that was donated to DNC?
Exactly
Huh. So an elite does face justice in America?
I’m dumbstruck.
Yes when he embarrasses other elites and politicians, which is what happened here
He is being used as a pawn. For that very reason. “See we have brought charges”. How about JP Morgan, Citadel and other hedge funds? We want Justice across the board.
This jury of fed up US citizens did their job and delivered the verdict.
No we wait to see if the US justice system holds the others accountable, especially that charming on the payroll law professor dad and political nut job mother
Amazing!
It couldn’t’ve happened to a worse guy. Rest in hell SBF.
a mind isa terrible thing to waste
By the time he’s sentenced next year, ftx might be profitable if the 4 year cycle holds true. May be then, they’ll allow regular people access to their accounts.
Yes, go to the grand jury and indict him with the additional charges to ensure he leaves prison in a casket.
Is SBF currently in jail or out on bond pending sentencing?
Accidental death pending to protect a lot of entrenched corrupt politicisns?
In jail eating PB&Js
0:12 the guy in the left side with mustache, is that his bodyguard?
Sam spend on luxury
What is common between Bernie Madoff, Jeffrey Epstein, Lou Pearlman, Jordan Belfort, Sam Bankman-Fried, Jack Abramoff and Anthony Weiner?????
Hope he becomes someone’s bitch in prison. His parents and other investors need to be brought up on charges as well. He had accomplices.
He will be assigned to a country club prison for non-violent offenders where he can write his memoir.
Damn that’s a stiff one. Government setting examples
Really stiff
No, the government was embarrassed by a major donor. They want retribution
Think SBF might get a sweetheart deal from prosecutors for helping take down the criminally corrupt politicians who took all that money from him?
Now they have to imprison those monsters he calls parents!!!!
Mummy and Daddy are not going too be able to get hom out of this one 😊
When you teach your child that they are only accountable and responsible for things they LIKE and never have to feel bad if they do something wrong, you end up with a Sam Bankman-Fried…
Israel and Bankman-Fried.