FTX Founder Faces 115 Years in Prison

Ғылым және технология

Sam Bankman-Fried and his company FTX were once the stars of the crypto space but all was not as it seemed. After his fraud was uncovered, he was held up as everything wrong with the financial world. In this episode we cover the court case of SBF, where the money went and how his ex-girlfriend Caroline Ellison told all.
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Пікірлер: 2 600

  • @luckyducky7819
    @luckyducky78196 ай бұрын

    People went to FTX because they were afraid of being screwed over by a bank. Yet in the end, they were still screwed over by a Bank-man.

  • @SurfbyShootin

    @SurfbyShootin

    6 ай бұрын

    They'll get your shekels one way or another

  • @spaceman2517

    @spaceman2517

    6 ай бұрын

    Lol

  • @My-cat-is-staring-at-you

    @My-cat-is-staring-at-you

    6 ай бұрын

    The logic of those people is mind-boggling.

  • @whatevr99

    @whatevr99

    6 ай бұрын

    Palpatine: “Ironic.”

  • @luckyducky7819

    @luckyducky7819

    6 ай бұрын

    @@My-cat-is-staring-at-you 100% true. If a bank loses your money, I believe you will see a portion of that money back as its the law. When _some guy on the internet_ loses your money, what happens?

  • @misterpink8099
    @misterpink80996 ай бұрын

    It seems to me that his parents had a much deeper involvement than what we have seen so far. Also to consider; they are professors of ethics in business/finance yet didn't know what their son was doing? I don't buy it. There is no way there is no scumbaggery on their part.

  • @peetsnort

    @peetsnort

    6 ай бұрын

    They knew. The seed money came from them. He was just a bit better on the computers

  • @lautaroka5847

    @lautaroka5847

    6 ай бұрын

    They thought his son was smarter and could pull it off, they didn't expect he fucked it up so bad.

  • @yamiRic

    @yamiRic

    6 ай бұрын

    Stanford is probably protecting the professors. They don't want their reputation to plunge

  • @dcron6

    @dcron6

    6 ай бұрын

    Patrick Bet David found a paper SBF's mom wrote about not needing personal responsibility and instead when something goes wrong just trying to find out how to fix it instead of finding out who is to blame. Sounds like that lack of personal responsibility was well received by SBF.

  • @pretorious700

    @pretorious700

    6 ай бұрын

    $16 million dollar property in the Bahamas IN THEIR NAME.

  • @LiterallyJustAnActualPotato
    @LiterallyJustAnActualPotato6 ай бұрын

    The part about his dad whining about a $200k salary was very eye opening and also made me feel sick. Sam isn’t an anomaly. He comes from a family of people just like him.

  • @hyperboreanmustache

    @hyperboreanmustache

    6 ай бұрын

    jews

  • @TPRM1

    @TPRM1

    6 ай бұрын

    @@hyperboreanmustache There are lots of bad people in the world, of all faiths, religions and creeds. We’re just generally pretty shitty as a species. No need to single out any particular group.

  • @Cynsham

    @Cynsham

    6 ай бұрын

    @@hyperboreanmustacheNice bait

  • @TurboGroszek1

    @TurboGroszek1

    6 ай бұрын

    @@TPRM1 Yeah but its pretty concerning that so many multi milion scams and frauds are created by people with jewish background. I had also thought like you that bad people are from all faiths etc. but the more i look into financial frauds the more i discover a pattern of one religion and culture.

  • @carlrogers1412

    @carlrogers1412

    6 ай бұрын

    @@Cynsham That's true. Other thing is his parents are die hard lefties!

  • @rumatadestora
    @rumatadestora6 ай бұрын

    I didn't think Ellison could look worse, until I saw those courtroom drawings of her. Give the artist a premium!

  • @FairBeautyEssentials
    @FairBeautyEssentials6 ай бұрын

    I do not understand why everyone keep calling them kids? These are grown a*** adults and they are all in their 30s. These are not kids, they are not children🙄

  • @NoName-ur2vs

    @NoName-ur2vs

    6 ай бұрын

    Correct.

  • @FairBeautyEssentials

    @FairBeautyEssentials

    6 ай бұрын

    @@NoName-ur2vs thank you!! Just because they all look 19 years old, hey are not kids.!! And every time someone reports on this I wish they would stop calling them kids

  • @Michael-tk9ux

    @Michael-tk9ux

    6 ай бұрын

    And I do not understand why a millionaire was dating a hobgoblina

  • @FairBeautyEssentials

    @FairBeautyEssentials

    6 ай бұрын

    @@Michael-tk9ux LMAOOO

  • @oldg2695

    @oldg2695

    6 ай бұрын

    100% 👊✌️

  • @HorizonOfHope
    @HorizonOfHope6 ай бұрын

    His mistake was stealing from rich people. Steal from the poor and he would still be CEO and on the board of a few major banks.

  • @Praisethesunson

    @Praisethesunson

    6 ай бұрын

    You aren't wrong, but I wish you were.

  • @saranshgautam6551

    @saranshgautam6551

    6 ай бұрын

    He could've kept his con going for a bit longer, but the Binance CEO saw him as a direct competitor and decided to take him down. A simple tweet by him brought down the house of cards.

  • @albertinsinger7443

    @albertinsinger7443

    6 ай бұрын

    Steal a little and they throw you in jail. Steal a lot and they make you king. He did not steal enough.

  • @hersh476

    @hersh476

    6 ай бұрын

    rich people + buying political influence too. Never f with people who have political influence. They must have ensured that all charges stuck unlike most of the other white collar criminals getting away with few years and few millions in fine.

  • @shashanksams

    @shashanksams

    5 ай бұрын

    true

  • @theREALChadsexinton
    @theREALChadsexinton6 ай бұрын

    One funny detail worth mentioning. This is from the Verge article on the trial. “Cohen [SBF’s lawyer] said the prosecution was trying to make Bankman-Fried into a villain. He then showed the jury a number of photos that made Bankman-Fried look, well, bad: him hanging out with Bill Clinton and Tony Blair, lounging on a private jet, and at the Super Bowl with Katy Perry and Orlando Bloom. I don’t know why Cohen chose to remind us of these photos, but he did. Yes, the prosecution was painting an uncharitable picture of Bankman-Fried but there’s no need to reinforce it.”

  • @IAmWithinEverything

    @IAmWithinEverything

    6 ай бұрын

    😂😂😂😂😂😂😂😂😂

  • @timnelson8656

    @timnelson8656

    6 ай бұрын

    that photo with Bill Clinton was pretty cringe. He was dressed so unprofessionally

  • @heiren9445

    @heiren9445

    6 ай бұрын

    what a hand rub happy merchant type statement

  • @Bradleybrookwood

    @Bradleybrookwood

    3 ай бұрын

    If I were scammed out of that much money I wouldn't want to be alive anymore. I hardly wanted to be alive when Wells Fargo scammed me out of thousands many years ago and ruined my credit.

  • @l.rongardner2150
    @l.rongardner21506 ай бұрын

    I have a background in legal philosophy - and after extensive consideration of the facts of the case, I have determined that Bankman-Fried only deserves 110 years in jail, and that 115 years would represent a gross, unjustified punitive penalty.

  • @tonytaskforce3465

    @tonytaskforce3465

    6 ай бұрын

    I think most of us could go along with that.

  • @antoniorenteria2896

    @antoniorenteria2896

    6 ай бұрын

    Thats exactly what a lawyer with a baggy suit would say. Hes lucky he didnt get 3 consecutive death penalties.

  • @tonytaskforce3465

    @tonytaskforce3465

    6 ай бұрын

    🤣@@antoniorenteria2896

  • @TPRM1

    @TPRM1

    6 ай бұрын

    He’ll probably get time off for good behaviour. I’d be surprised if he even served 95 years. Makes a mockery of the so-called justice system.

  • @Mauricio.Solorzano

    @Mauricio.Solorzano

    6 ай бұрын

    LMAO - YOU ARE TOO FUNNY!

  • @SirRichardHardenThicke
    @SirRichardHardenThicke6 ай бұрын

    That courtroom sketch artist wasn't flattering, they made Caroline look like a melting wax figurine. I love it.

  • @lodxmas

    @lodxmas

    6 ай бұрын

    Not to be mean but the drawings are pretty accurate to how she looks.

  • @Bhodisatvas

    @Bhodisatvas

    6 ай бұрын

    It must have been quite a task.

  • @thorsrensen3162

    @thorsrensen3162

    6 ай бұрын

    She looked pretty cute some years ago, but it seems she has changed a lot.

  • @MrKrewie

    @MrKrewie

    6 ай бұрын

    i mean she looks worse so they kinda did her a favor

  • @steven-el3sw

    @steven-el3sw

    6 ай бұрын

    The chosen people weren't chosen for their looks that's for sure.

  • @StimParavane
    @StimParavane6 ай бұрын

    That's the best laugh I've had for a while - his parents are Professors of Legal Ethics at Stanford Law. You couldn't make that up.

  • @theobserver9131

    @theobserver9131

    6 ай бұрын

    Teaching ethics has nothing to do with being ethical. It's just something you know a lot about.

  • @BulkernatorKerb

    @BulkernatorKerb

    6 ай бұрын

    @theobserver9131 Great point. It's like saying I lecture in palaeontology therefore I'm a dinosaur

  • @behonestwithyourself3718

    @behonestwithyourself3718

    6 ай бұрын

    Good cover I guess.

  • @TonyRule

    @TonyRule

    6 ай бұрын

    The best way to find a way around a system is to study it.

  • @brb4903

    @brb4903

    6 ай бұрын

    ofc it has anything to do.. but what you know at 13 years old..@@theobserver9131

  • @ismailnyeyusof3520
    @ismailnyeyusof35206 ай бұрын

    Sam’s parents held their faces in their hands after the jury delivered its verdict most likely because they saw their own careers, and everything they used their lifetime to build, crumble before their very eyes.

  • @kosmique

    @kosmique

    6 ай бұрын

    lmao. you must not have kids. they saw their son losing his freedom forever. its that simple.

  • @ismailnyeyusof3520

    @ismailnyeyusof3520

    6 ай бұрын

    @@kosmique I’m not convinced they have an innocent relationship with their son. Recall the father complaining about getting only $200k for work done from his own son, SBF?

  • @TheMaulam12345

    @TheMaulam12345

    6 ай бұрын

    u said it like its true, how do u know they dont love him? in fact we dont know and dont care so stop making shit up

  • @Xerclipse

    @Xerclipse

    6 ай бұрын

    @@kosmique Well, its probably both their own son losing freedom, and its also that their own questionable businesses are gonna be scrutinized.

  • @nalgene247

    @nalgene247

    6 ай бұрын

    Those reactions were as calculated as SBF keeping his hair unkempt.

  • @robz9988
    @robz99886 ай бұрын

    Shouldn't his parents be charged as co-conspirators? It seems they helped him do what he did and received $20 million+ themselves!

  • @Swishersweetcigarilo

    @Swishersweetcigarilo

    6 ай бұрын

    They will be charged and then delay trial for years until they are on deaths door. Then they will be given a pardon due to poor health.

  • @Swishersweetcigarilo

    @Swishersweetcigarilo

    6 ай бұрын

    Wouldn't be surprised if the Clinton's took them out beforehand.

  • @LSK2K

    @LSK2K

    6 ай бұрын

    ​@@SwishersweetcigariloLet me guess, they're Jews.

  • @killingsley
    @killingsley6 ай бұрын

    Society is so obsessed with money that no one questioned how a 30 year old amassed a 30B net worth in 2 years until it was too late.

  • @MohammadIsmail-sq5jy

    @MohammadIsmail-sq5jy

    6 ай бұрын

    I am very sure that a lot knows that he is corrupt but since they all benefit from him they didn't care.

  • @user-yb4eu9jx6v

    @user-yb4eu9jx6v

    6 ай бұрын

    Parents..Stanford law professors.

  • @carlknibbs2849

    @carlknibbs2849

    6 ай бұрын

    I wonder that, I feel they equate assets held by the company to it's worth.. When technically yes.. But if my property company owns 30 billion that's much better that a bank having 30 billion in deposits

  • @user-xu5vl5th9n

    @user-xu5vl5th9n

    6 ай бұрын

    Apparently no one questioned a billion dollar outfit using QuickBooks for accounting. Where were the auditors?

  • @Argumemnon

    @Argumemnon

    6 ай бұрын

    That's because they're also obsessed with youth and immediate success.

  • @MrTaxiRob
    @MrTaxiRob6 ай бұрын

    insane that his parents knew exactly what was going on and aren't going to prison for twice as long

  • @dosmastrify

    @dosmastrify

    6 ай бұрын

    Yeah the parents definitely knew this was illegal

  • @unhappyallthetime8445

    @unhappyallthetime8445

    6 ай бұрын

    (((Bankman-Fried))) (((Democrats)))

  • @JJEJ88

    @JJEJ88

    6 ай бұрын

    They guided him to do it. But it wasn’t their call to a full at so the crimes. It’s all his.

  • @KKOPPONG

    @KKOPPONG

    6 ай бұрын

    They don’t have any power. It’s all on him.

  • @peterbarrett5496

    @peterbarrett5496

    6 ай бұрын

    The eating must be good when u kickin it with Epstein Clinton and Biden. They haven't thrown anybody under the bus really, they know it will be better to shut up and get released later in like 5-10 years

  • @UganWopla
    @UganWopla6 ай бұрын

    I have subscribed to Coldfusion since a long time when there were not that many great documentry channels. Even after so many years Coldfusion excels. The way he writes a documentary with viewers in mind is just phenomenal. Keep doing this..

  • @conjam86
    @conjam866 ай бұрын

    The parents gave him credibility and profited off stolen money. They need to be locked up with their son

  • @stevieavail5773
    @stevieavail57736 ай бұрын

    It's crazy to me how often this sort of thing happens. A person is elevated to the status of "brilliant businessman" or "financial genius" or something to that effect, they are featured on the covers of magazines and on news programs, everyone is enamored with their wealth and success... and then it turns out that they are a giant fraud.

  • @saske822

    @saske822

    6 ай бұрын

    the unbeliebable thing is, he literally was everything he was made up to be. He was CEO of the largest crypto exchange worth billions. His frausd started only because that wasnt enough for him, he also wanted to be an investment genius and took the FTX money to speculate at the stock market but lost the money. And from the on, things spiraled out of control.

  • @vudangtung5638

    @vudangtung5638

    6 ай бұрын

    Because that what happens when society worship wealth and money. When people are so stupid that they automatically believe billionaires are the good guy and "they are rich so they must have worked hard and earned every single dime of their wealth", this situation is inevitable.

  • @throne_wolf

    @throne_wolf

    6 ай бұрын

    Elon what?

  • @tehonlynoobs5556

    @tehonlynoobs5556

    6 ай бұрын

    This is why i dont like or even have instagram or ticktok which content just glorified a wealth and status

  • @OGJeff685

    @OGJeff685

    6 ай бұрын

    @@saske822 I love thinking how I could be this guy. I can lose money just like him, it's easy!

  • @nosteponsnek2617
    @nosteponsnek26176 ай бұрын

    Everyone said, before the trial, how incredible it was that he was fully incriminating himself on every podcast and interview that he could make an appearance on. The typical sign of an egomaniac and sociopath, thinks no matter what he did that it was either justified or not wrong. If he is not sentenced to life, the justice system needs to be overhauled.

  • @somethinglikethat2176

    @somethinglikethat2176

    6 ай бұрын

    I'm not saying SBF isn't smart, but I don't think he's half as smart as he thinks he is. It's like serial killers, they all think they are the smartest guy in the room, and sometimes they are right. However the investigators hunt them for a living and experience counts. SBF clearly thought he was smarter than his lawyers because the first thing they would have told him was to shut up.

  • @veritas41photo

    @veritas41photo

    6 ай бұрын

    Parallels with Madoff, Holmes, and Enron executives are not at all surprising. Psychopaths thinking it is somehow right to rip off and ruin their victims.

  • @Praisethesunson

    @Praisethesunson

    6 ай бұрын

    I haven't faced consequences yet so why stop? -Sammy Bankrun Fraud

  • @sammyjones8279

    @sammyjones8279

    6 ай бұрын

    Egomaniac, a sociopath, or maybe just plain stupid.

  • @lmc2664

    @lmc2664

    6 ай бұрын

    When Bernie Madoff had been sentenced to 150 years in person for the $65 billion fraud, SBF should receive at least 75 years for his conviction of all seven charges.

  • @marekdabrowski5799
    @marekdabrowski57996 ай бұрын

    Love your voice and the material you present .... thank you!

  • @alexblake5369
    @alexblake53696 ай бұрын

    The thing with Sam's hair wasn't that he kept himself looking like trash, it's that it was a deliberate calculated decision. It shows that Sam was the type of person who would plan his image out in order to fool the public into believing he was something he wasn't. And it wasn't just the hair, Sam deliberately exaggerated how often he was sleeping at work (even staging being caught sleeping on a beanbag chair), purposefully bought low-end cars and wore trash clothing all to create this elaborate persona of a stereotypical geek genius. I think it's very telling as to what kind of person goes through those lengths to fool people.

  • @behonestwithyourself3718

    @behonestwithyourself3718

    6 ай бұрын

    Total con man and a thief. I hope he goes to jail for a long time.

  • @homiga1

    @homiga1

    6 ай бұрын

    It's the exact same thing Boris Johnson does and that one's also on record. It's nothing new.

  • @momoneyinvesting

    @momoneyinvesting

    6 ай бұрын

    Bezos did it too when he was being interviewed in a honda accord when he was already a billionaire. These people are all human so of course they spend their money on luxury items. The difference between a normal person and a sociopath is that a normal person won't hide their wealth to give others a false illusion

  • @rockprime1136

    @rockprime1136

    6 ай бұрын

    It did work though. He duped venture capitalists, investment bankers, rich people because of the perceived novelty, "This guy's a crazy genius". Even fooled the ordinary people because of this time being perceived as being down to earth, " He wouldn't hurt a fly". It can be a legitimate marketing strategy. Celebrities do it all the time. Too bad it was used for fraud.

  • @Jamietheroadrunner

    @Jamietheroadrunner

    6 ай бұрын

    @@homiga1 you’re right about Boris. But Boris is also witty and charming, therefore he still has a lot of support that the charmless SBF doesn’t.

  • @augormasterson9312
    @augormasterson93126 ай бұрын

    The court room sketch artist is the true hero of this whole story

  • @pretzelboi64

    @pretzelboi64

    6 ай бұрын

    He didn't hold back on the goblin princess that's for sure

  • @King-O-Hell

    @King-O-Hell

    5 ай бұрын

    ​@@pretzelboi64Caroline's drawing made the Mona Lisa look like a Instagram model.

  • @coniccinoc
    @coniccinoc6 ай бұрын

    Excellent work, great video! Please consider doing updates. I am curious to see who else gets convicted and what sentencing they receive.

  • @FoNgThOnG
    @FoNgThOnG6 ай бұрын

    Whoever they hired to do those courtroom drawings of Ellison...Give that person a raise cause those drawings are HILARIOUS.

  • @ronatola
    @ronatola6 ай бұрын

    Thanks for the summary. I hope his parents get charged with something too. They raised him to be like this, and then complained to him $250k wasn't enough for them so SBF gave them $20m. And they're ETHICS Professors. What a joke!

  • @MNcoquicoqui

    @MNcoquicoqui

    6 ай бұрын

    🎯🎯🎯🎯🎯🎯🎯🎯🎯💯💯💯

  • @KarolHaltenberger

    @KarolHaltenberger

    6 ай бұрын

    Not regular ethics...BUSINESS ethics.

  • @canesugar911

    @canesugar911

    6 ай бұрын

    Arresting parents for the decision of their 30yr old son simply because they raised him?

  • @jamesa7506

    @jamesa7506

    6 ай бұрын

    ​​@@canesugar911 I agree with your "question" or rather, statement. What they did ,technically, may not be a crime, (raising him)but they should hold a portion of responsibility. It's when they actively participated in their son's crime that makes them, at the very least, accomplises.

  • @carlrogers1412

    @carlrogers1412

    6 ай бұрын

    Ethics for thee not for me. Check out their origins, and you'll understand. On the the top of it, they are hard core lefties!

  • @GetUnwoke
    @GetUnwoke6 ай бұрын

    If it was a "family business" then they should all serve a family sentence.

  • @georgerogers1166

    @georgerogers1166

    6 ай бұрын

    Rico

  • @micahthompson3762
    @micahthompson37626 ай бұрын

    Good video. Been a currency trader for well over 20 years and knew SBF wasn't on the level. I'm not sure this type stuff keeps taking people by surprise.

  • @Jeffcrocodile
    @Jeffcrocodile6 ай бұрын

    The parents teached ethics. You couldn't get away with making this up, it would seem too unbelievable.

  • @user-jv4wh7fi9j

    @user-jv4wh7fi9j

    6 ай бұрын

    It is very typical behavior from the tribe

  • @lautaroka5847

    @lautaroka5847

    6 ай бұрын

    Ethics is right and wrong. Taking money from idiots and donating it charity is right. They didn't go against ethics, they just failed stupidly.

  • @liminalcriminal_

    @liminalcriminal_

    6 ай бұрын

    Ethics is all subjective bs anyway

  • @adityasista1836

    @adityasista1836

    6 ай бұрын

    *taught

  • @Efecretion

    @Efecretion

    6 ай бұрын

    Yeah, and his name is basically bankman fraud. Too perfect!

  • @reprovedcandy
    @reprovedcandy6 ай бұрын

    I remember when I first heard about SBF many years ago, a friend told me a story about a "crypto billionaire who only wanted to get rich to give it all away" ... I remember distinctly that I immediately said "No way. He's full of shit. No one does that." That friend argued with me that he had the best reputation in crypto and I stuck with my initial impression: "Sounds like bull shit to me, scammer, guaranteed." Funny how vindicated I feel all this time later.

  • @BulkernatorKerb

    @BulkernatorKerb

    6 ай бұрын

    @reprovedcandy smart logic always prevails

  • @AP-yt4oo

    @AP-yt4oo

    6 ай бұрын

    Real lessons right there: Never underestimate the depths of human greed, depravity and hubris

  • @Femroe

    @Femroe

    6 ай бұрын

    Give how much of crypto and NFT that has just been pure scams, that's kinda like saying that someone has the best reputation amongst people on the registered sex offender list.

  • @lelandfranklin3487

    @lelandfranklin3487

    6 ай бұрын

    Did you friend "invest" with him?

  • @carlireland5049

    @carlireland5049

    6 ай бұрын

    This is kind of scary not only because of how many people SBF not only convinced he was a normal businessman, but also the J.P. Morgan of the 21st century.

  • @gcflowers86
    @gcflowers864 ай бұрын

    Great cover on sbf case. Congrats on the job done.

  • @beriiO
    @beriiO6 ай бұрын

    Always appreciate your uploads 💖

  • @rapier1954
    @rapier19546 ай бұрын

    Sam's parents should be put on trial as well given how much they participated in and benefitted from the corruption at FTX and theft of client's money.

  • @jordanwhite352

    @jordanwhite352

    6 ай бұрын

    This.

  • @randyosborne3971

    @randyosborne3971

    6 ай бұрын

    Many Congress members should be on trial also. Congress is for sale.

  • @stevetaffy8780
    @stevetaffy87806 ай бұрын

    Ironic... he had the book thrown at him with crypto.. Yet no banker ever charged for 2008.

  • @brunosmith6925

    @brunosmith6925

    6 ай бұрын

    That's the sad irony. "Legitimate" banks (bankers) are allowed to get way with their bad and costly risks, and you and I pay for them.

  • @Bhodisatvas

    @Bhodisatvas

    6 ай бұрын

    Because he isn't part of the club.

  • @PassengersMusic777

    @PassengersMusic777

    6 ай бұрын

    2008 was heavily due to sub-prime lending in regards to housing. Politicians, urged by ‘racial equity’ that people of colour were not buying homes due to racism and prejudice, forced banks to lend money to people I wouldn’t loan 20 bucks to. And why wouldn’t banks do that if they are backed by the govt? Well it lead to the infamous housing market bubble that tanked the economy. What I DO blame the banksters for are using TARP funds for extravagant CEO payouts and golden parachutes. But blaming the banks for 2008 is like blaming the construction of a home for the fire instead of the arsonist

  • @somethinglikethat2176

    @somethinglikethat2176

    6 ай бұрын

    ​@@PassengersMusic777 the Dems supported it to aid a key voting block and the Reps did it because home owners tend to vote more conservative.

  • @somethinglikethat2176

    @somethinglikethat2176

    6 ай бұрын

    There was a banker who was charged. A single man if I remember correctly. Just a low level guy who was dumb enough to admit wrongdoing in a pretty minor way.

  • @Oldmurray9323
    @Oldmurray93236 ай бұрын

    Those court room illustrations of him are hilarious

  • @selbalamir
    @selbalamir6 ай бұрын

    The court Artist impression of Caroline is a crime in itself.

  • @TPRM1

    @TPRM1

    6 ай бұрын

    She knew the assignment.

  • @margaesperanza
    @margaesperanza6 ай бұрын

    I hope SBF’s parents also gets charged. His father’s emails about wanting more money from FTX is nauseating to read.

  • @blurglide

    @blurglide

    6 ай бұрын

    Yeah that's probably why they were sad- they know they're next

  • @DaRealKing303

    @DaRealKing303

    6 ай бұрын

    What about democrats using him for donations whilr at the sam time turning a blind eye to what he was doing?

  • @mademsoisellerhapsody

    @mademsoisellerhapsody

    6 ай бұрын

    His threats to bring Mommy into the loop🤣🤣🤣

  • @williamwchuang

    @williamwchuang

    6 ай бұрын

    ​@@DaRealKing303lol he donated equal accounts to both parties.

  • @DaRealKing303

    @DaRealKing303

    6 ай бұрын

    @@williamwchuang FALSE

  • @thomaswburkhart
    @thomaswburkhart6 ай бұрын

    on another note, i’m interested in whether his parents will be found to have anything to do with it

  • @Willy_Tepes

    @Willy_Tepes

    6 ай бұрын

    They called him "Bankman". You could say they had something to do with it.

  • @PutItAway101

    @PutItAway101

    6 ай бұрын

    Patrick Boyle has a great video "How Involved Were SBF's Parents?". Spoiler alert - very involved!

  • @jeremydale4548

    @jeremydale4548

    6 ай бұрын

    There is no way in hell they didn't know. I mean, they're compliance lawyers and If they didn't think "Hey, maybe we should make sure our son is following the rules" Then they are either bad at their jobs, or it was deliberate.

  • @Blitzery

    @Blitzery

    6 ай бұрын

    Both parents had something to do with it via their connections I bet. Sbf and Ellison are not intelligent nor capable of their roles

  • @ehfoiwehfowjedioheoih4829

    @ehfoiwehfowjedioheoih4829

    6 ай бұрын

    They are too connected

  • @Fkram-ok7bv
    @Fkram-ok7bv6 ай бұрын

    Thanks!

  • @jicudi
    @jicudi6 ай бұрын

    One small step, but thank you for the coverage.

  • @falldog9
    @falldog95 ай бұрын

    Another great, Coldfusion. You really construct your content very well. Thanks.

  • @evinton
    @evinton6 ай бұрын

    i just wanna thank you dagogo for all your amazing videos throughout this drama. without it i wouldn't have a clue or an inkling of interest about what happened here and its wider implications. keep up the great work!

  • @Oly876

    @Oly876

    6 ай бұрын

    No

  • @badhabit714

    @badhabit714

    6 ай бұрын

    DaGoGoooooooooooooooo!!

  • @justinchase6666

    @justinchase6666

    6 ай бұрын

    Great work dogogo

  • @LuisSierra42

    @LuisSierra42

    6 ай бұрын

    You are welcome, thanks for watching

  • @FairBeautyEssentials

    @FairBeautyEssentials

    6 ай бұрын

    Why?

  • @Marva123
    @Marva1236 ай бұрын

    Sam's parents should also face their own trial.

  • @isaacchassman6453

    @isaacchassman6453

    6 ай бұрын

    They’ll be left broke after clawbacks and reputations destroyed

  • @skwish6401

    @skwish6401

    6 ай бұрын

    Sam’s girlfriend is equally responsible and is the most beneficiary of FTX.

  • @datocosmico

    @datocosmico

    6 ай бұрын

    totally agree; but they are inner circle J so probably will find the way to be protected

  • @kellingtonlink956
    @kellingtonlink9566 ай бұрын

    Well summed up. Thanks for the video.

  • @arnoldrimmer9161
    @arnoldrimmer91616 ай бұрын

    The court sketches though 😂😂😂

  • @turdferguson353
    @turdferguson3536 ай бұрын

    The difference between their courtroom sketches are hilarious

  • @DillandShaj
    @DillandShaj6 ай бұрын

    Dagogo man it's so amazing to see how much this channel has grown over the years. From ColdfusTion to ColdFusion, and millions of subscribers later, you are still putting out amazing videos! Congratulations on all your success and wish you many more for years to come! Great work as always!

  • @TPRM1

    @TPRM1

    6 ай бұрын

    He’s also the first person I’ve heard use the term “2020s”. I just thought it was worth noting, somewhere, and your comment seemed vaguely apropos.

  • @Charmayne7
    @Charmayne76 ай бұрын

    I just wonder how these folks thought they'd get away with it.

  • @jerrybruan8595
    @jerrybruan85956 ай бұрын

    Next in line is Charlie Jarvis love to see you also cover her other way of greediness

  • @bigfoot131
    @bigfoot1316 ай бұрын

    “SBF was seen as the most responsible man in crypto. For now he’s the most famous criminal” what a plot twist. eagerly waiting for the movie

  • @pogchamp2330
    @pogchamp23306 ай бұрын

    Good rule of thumb for these people, The more effort they put into looking humble or honest, the more likely they are to get exposed as corrupt

  • @Saxofaxo
    @Saxofaxo3 ай бұрын

    love putting the music at the end

  • @spud2go
    @spud2go6 ай бұрын

    The unspoken concern for me is all the high value investors & media organisations that did no due diligence or in depth enquiry, but rather took him at his word & stopped there. SBF is yet another symptom of this ongoing problem.

  • @Jack-gn4gl

    @Jack-gn4gl

    2 ай бұрын

    Lie blackrock

  • @TroyRubert
    @TroyRubert6 ай бұрын

    The people who took SBF money in politics should have to give to the victim's fund.

  • @davelowe1977

    @davelowe1977

    6 ай бұрын

    That's funny

  • @mattmatt6572

    @mattmatt6572

    6 ай бұрын

    Yeah right... give it back lol that money is the reason Sam won't get a year in prison.

  • @davidhynes

    @davidhynes

    6 ай бұрын

    Hunter is still walking around free.

  • @lautaroka5847

    @lautaroka5847

    6 ай бұрын

    Nah, they should give it to me, I want to start another exchange to fuck Binance, filling the gap.

  • @brad5426

    @brad5426

    6 ай бұрын

    ​@@davidhynes And so is Gatherer

  • @johnsakeiyia330
    @johnsakeiyia3306 ай бұрын

    Thanks for updating us, man. You're just immensely valued by some of us. My heart and face light up whenever you upload something new.

  • @Steverz32

    @Steverz32

    6 ай бұрын

    Mine too!!! If only school could be this interesting 👍

  • @AngadAnand1
    @AngadAnand16 ай бұрын

    Thank you for changing the title

  • @slowhand4897
    @slowhand48975 ай бұрын

    Your background music is addictive lol

  • @0e0
    @0e06 ай бұрын

    the only ethical position is that we shouldn't let Stanford Law Profs breed.

  • @gebali

    @gebali

    6 ай бұрын

    Legal Ethics professors at that. An oxymoron in itself.

  • @fatjohn1408

    @fatjohn1408

    6 ай бұрын

    cool it with the anti-semitism

  • @Blitzery

    @Blitzery

    6 ай бұрын

    Lawyers are taught to lie bankers are taught to steal

  • @SurfbyShootin

    @SurfbyShootin

    6 ай бұрын

    Looks like a certain ethnicity

  • @DrSpaceman69

    @DrSpaceman69

    6 ай бұрын

    @@SurfbyShootin spot the incel

  • @Webendowed
    @Webendowed6 ай бұрын

    I sincerely hope he gets the full 115 years. I also hope that there is a side investigation into his parents who were clearly involved, knew what was going on and on the take. I feel awful for all of the investors who watched their money go up in a puff of smoke.

  • @karnubawax

    @karnubawax

    3 ай бұрын

    115 years is getting off light. I'd also like to see that spread around a bit. How does a man like SBF commit such a massive fraud? With LOTS of help.

  • @HotShotLion
    @HotShotLion6 ай бұрын

    Such a satisfying conclusion to this whole SBF saga.

  • @airbrat

    @airbrat

    6 ай бұрын

    It's far from over. It's all connected.

  • @usuitakumi1408
    @usuitakumi14086 ай бұрын

    We need a movie for this

  • @dkranzhe
    @dkranzhe6 ай бұрын

    "That's 1 minute, see you tomorrow.." 😂

  • @SuperpowerBroadcasting
    @SuperpowerBroadcasting6 ай бұрын

    The prosecution used: EVIDENCE! It’s SUPER EFFECTIVE!

  • @bc-guy852
    @bc-guy8526 ай бұрын

    Very impressive analysis and production - on SUCH a short timeline Dagogo! You're incredible. The Sam Bankman Fried story will go down in history. This episode will see 10 million views!

  • @Valhalla_Heathen
    @Valhalla_Heathen6 ай бұрын

    Sentenced to 115 years in prison? The best news I’ve heard all day today! 👏🏻

  • @treehann
    @treehann6 ай бұрын

    Thanks for summarizing this exciting update. It’s only a shame that more aren’t going to jail immediately, and that so many other fraudulent manipulators get away with worse.

  • @EminencePhront
    @EminencePhront6 ай бұрын

    Literally the only reason to pick Caroline Ellison as a girlfriend when you're worth billions is because you presume she'll be ride-or-die loyal. He would have been better off keeping a top-tier escort on retainer because at least he wouldn't have to look at Ellison's not-sure-if-12-or-62 face before she sold him out.

  • @shogunero3.6

    @shogunero3.6

    6 ай бұрын

    Bro 🤣

  • @andrewsema359
    @andrewsema3596 ай бұрын

    ❤ Dagogo's work. Thanks for the update.

  • @davidjma7226
    @davidjma72266 ай бұрын

    Hi second trial will be interesting, given the personalities involved.

  • @ryanmaris1917
    @ryanmaris19176 ай бұрын

    A criminal defense lawyer (Bruce Rivers) talked about his case a pointed out how many different aggravating factors he has and it’s likely due to that he will be looking at most if not all the years he is sentenced too.

  • @TihetrisWeathersby
    @TihetrisWeathersby6 ай бұрын

    Looking at people like him and Madoff or even Elizabeth Holmes it's amazing people trusted them with their money

  • @Histaogram

    @Histaogram

    6 ай бұрын

    Dude it all looks fine until it isn't. I wouldn't be surprised if Tesla is the next FTX. Or it was FTX some years ago. Whatever happened to CyberTruck. So you can't blame people.

  • @cupofmozzarella

    @cupofmozzarella

    6 ай бұрын

    You're talking out of 20/20 hindsight. I was never a customer of FTX because I didn't like their UI nor how their customer service responded to me, but nothing seemed really wrong. All the stories about them being involved in politics were public while FTX was still operating. Lots of people I know didn't like him and were starting to pull their FTX accounts. They were operating based on things they were actively hiding and everything seemed dandy on the outside. Really no one knew what went on, until the Bloomberg and Coindesk articles.

  • @_Chev_Chelios

    @_Chev_Chelios

    6 ай бұрын

    That is so easy to say in retrospect! How about you name three “obvious” conmen who haven’t been caught yet and are currently taking people’s money.

  • @justinchase6666

    @justinchase6666

    6 ай бұрын

    ​@mazdarati2 I mean people like madoff SBF and even epstein all have that common trait.

  • @onlydbrasko

    @onlydbrasko

    6 ай бұрын

    ​@@HistaogramHuge difference. FTX straight up stole money. Holmes never had the product. Just because the cyber truck isn't ready doesn't mean Tesla is committing fraud. Look at how many products have failed for Google.

  • @AcrylicGoblin
    @AcrylicGoblin6 ай бұрын

    Having once had some legal problems that landed me in jail, i cannot overstate how important it is to keep your mouth shut. Even if you are sure you didn't do anything wrong, keep quiet.

  • @somethinglikethat2176

    @somethinglikethat2176

    6 ай бұрын

    Instructions unclear, I'm doing an interview with Tiffany Fong.

  • @mvpfocus

    @mvpfocus

    6 ай бұрын

    _quiet_

  • @AcrylicGoblin

    @AcrylicGoblin

    6 ай бұрын

    @@mvpfocus Busted again. This time, it's the spelling police

  • @tonytaskforce3465

    @tonytaskforce3465

    6 ай бұрын

    They're everywhere these days. @@AcrylicGoblin

  • @TPRM1

    @TPRM1

    6 ай бұрын

    Absolutely. The trouble people have is, most of us are so uncomfortable with silence, we’ll talk just to fill that silence. The police know this. The only words that leave your lips should be, “No comment, Officer”, “Am I under arrest?” and “Lawyer.” Edit: Also, the police will ask you composite questions, to trick you. “You haven’t got anything in here you shouldn’t have, have you? And you don’t mind if I have a look?” Most people: “No.” Correct answer: “No, and yes.”

  • @BigMacWitCheez
    @BigMacWitCheez6 ай бұрын

    Hey @ColdFusion have you been silenced? I notice that video you uploaded earlier about Qualcomm overtaking Apple has been marked as private now. Really looking forward to watching that one.

  • @shortedits1273
    @shortedits12736 ай бұрын

    very nice videos

  • @haridasification
    @haridasification6 ай бұрын

    Even his ex-girlfriend and her parents need to be jailed

  • @kcgunesq
    @kcgunesq6 ай бұрын

    I believe his father is a tax professor, while his mother is the "ethics" professor.

  • @Legitti
    @Legitti6 ай бұрын

    Fine, I watch it. No need to change the title anymore 🤣

  • @nintendoconvert4045
    @nintendoconvert40456 ай бұрын

    5:33 the drawing of Caroline 😂

  • @nadogrl
    @nadogrl6 ай бұрын

    Thank you for explaining this!❤

  • @zclmt03
    @zclmt036 ай бұрын

    Thank you for your work

  • @mrjesabi
    @mrjesabi6 ай бұрын

    I can understand how some people are manipulated into falling for these scams,i will never understand how people fell for sbf and the people around him. A little scraping of the surface would have told you they were at best clueless.

  • @priscillayoga4040
    @priscillayoga40406 ай бұрын

    I didn’t know about his parents’ involvement. I hope they feel very guilty. Their greed is in part responsible for where their son is today.

  • @LargeGamer1
    @LargeGamer16 ай бұрын

    Great work covering this as usual, love this channel

  • @henning439
    @henning4396 ай бұрын

    The politicians and the celebrities should return the money they received. They were paid from other people's money.

  • @Auburritos

    @Auburritos

    6 ай бұрын

    Agreed but they’re not gonna 😩😩😩

  • @lodxmas

    @lodxmas

    6 ай бұрын

    One could say the investors did actually invest in the coke of these celebrities and politicians.

  • @unarmedblackguy

    @unarmedblackguy

    6 ай бұрын

    That's like saying a plumber who did all the work on a house should return all the money he was paid because he was paid with stolen money..

  • @theobserver9131

    @theobserver9131

    6 ай бұрын

    It could be argued that promoting FTX damaged celebrities reputations, and those celebrities could sue for more....

  • @danielhale1

    @danielhale1

    6 ай бұрын

    @@unarmedblackguyA plumber who does physical work creating or repairing a thing in the company is arguably quite different from: 1) A celebrity paid to just gush compliments and recommendations for a company, directly instructing their followers to support that company. 2) A politician paid to favor a company or look the other way when nefarious things happen. Some reasonable degree of empathy can go toward #1 because they might have no idea, but you'd have to make a legal case for why all that illicitly paid money should stay with them. Product endorsement isn't the most legitimate-feeling labor (a celebrity could yap favorably about Soylent Green after making no effort to know what they're endorsing). I have no empathy for politicians who took the money to look the other way and pour favor on a dirty company: if they don't give that money back, it should ruin them. Maybe should ruin them even if they do pay back. I don't care about political sides etc -- this is a straight attempt at bribery and our politics shouldn't tolerate it. This is all different from a plumber who was paid to fix the sink. He's not inherently endorsing or favoring the company by unclogging a pipe in its bathroom. The celebrity and politician ARE endorsing that company and its actions. By endorsing the company and getting paid to do so, they're tying themselves pretty closely to its actions. They're not plumbers. They're not uninvolved.

  • @Firepowered
    @Firepowered6 ай бұрын

    I love those court sketches. So caricatural, yet so similar to the originala.

  • @littlejimmycratner3762
    @littlejimmycratner37626 ай бұрын

    When is Alison's trial

  • @lawyermahaprasad
    @lawyermahaprasad6 ай бұрын

    I told that M*F in my job interview, you will get caught better be prepared to exit when you can . He fired me with 3 min of hiring me caused I did not believe in FTX 😂

  • @jennifersilves4195

    @jennifersilves4195

    6 ай бұрын

    Lol. Right?

  • @paulmichaelfreedman8334
    @paulmichaelfreedman83346 ай бұрын

    The ones that want their money back are the same ones that say "It's only money" to others, when others have lost it.

  • @bernardkealey6449
    @bernardkealey64496 ай бұрын

    His dad is not a legal ethics prof, but a prof of tax (evasion) law.

  • @hossamgebeily
    @hossamgebeily6 ай бұрын

    I’m in love with your channel bro! Love love loveee!!!!

  • @chrislair6832

    @chrislair6832

    6 ай бұрын

    Well why don't you marry it then

  • @jimmyg6780
    @jimmyg67806 ай бұрын

    This scam artist should never get out of prison, and anyone who believed in this guy should be REMOVED from whatever position they hold.

  • @Dixon_Cider407

    @Dixon_Cider407

    6 ай бұрын

    That’s a bit much.

  • @flyingeaglewoman8682

    @flyingeaglewoman8682

    6 ай бұрын

    SBF and his so called girlfriend are merely patsy’s, think bigger. Way bigger.

  • @cinifiend

    @cinifiend

    6 ай бұрын

    Put him in the same cell with Elizabeth Holmes, Abraham Shafi, Charlie Javice and Trevor Milton.

  • @itzhexen0

    @itzhexen0

    6 ай бұрын

    like elon musk always pushing his crypto scams.

  • @marsovac

    @marsovac

    6 ай бұрын

    If you can get punished for believing in somebody who is fake... well half the world is believing in a fake omnipotent being. Will you punish them as well?

  • @MrBalor89
    @MrBalor896 ай бұрын

    7:20 This on its own deserves a like! 😂

  • @rejvaik00
    @rejvaik006 ай бұрын

    Thank God they got him I was worried that he would get away with it because he knew people in government and leadership positions

  • @jowaksh6627
    @jowaksh66276 ай бұрын

    Huge respect for calling the 31 be year old manchild what he is

  • @Carl_ATHF

    @Carl_ATHF

    6 ай бұрын

    a vile greedy jew?

  • @mobayguy
    @mobayguy6 ай бұрын

    Very Sad - Society remains in order if the law is applied swiftly and equally for all. Dagogo, I appreciate every video and the music you create. Your work is exceptional.

  • @jostew8846
    @jostew88466 ай бұрын

    I saw him once in a on-court interview in a Miami Heat game and knew then something is going to happen here.

  • @TheMagmaCartel
    @TheMagmaCartel6 ай бұрын

    Did that exchange on Twitter spaces with Coffee Zilla come up in cross examination?

  • @thomasschwarz5616
    @thomasschwarz56166 ай бұрын

    Your videos are amazing as always, thank you very much!

  • @LeahIsHereNow

    @LeahIsHereNow

    6 ай бұрын

    Yes, so absolutely and insanely amazing to cover the basic facts and put some pictures into a short video and post it to KZread in exchange for advertising revenue. Genius level brilliancy. 😂

  • @DanHageeStuff
    @DanHageeStuff6 ай бұрын

    His parents need to be jailed for the rest of their natural lives. They raised this pathological liar and then aided and abetted his criminal enterprise.

  • @switch1237

    @switch1237

    6 ай бұрын

    Facts

  • @axiomic

    @axiomic

    6 ай бұрын

    yeah, that was definitely a fake show they put on in the court room.

  • @mikedawolf95

    @mikedawolf95

    5 ай бұрын

    His dad is an ethic professional and tax lawyer. He knew this would happen and probably has millions stashed somewhere where he know the US government can’t get it.

  • @peterliljebladh
    @peterliljebladh6 ай бұрын

    With that level of fraud 115 thousand years in prison seems more legit.

  • @davidjma7226
    @davidjma72266 ай бұрын

    His father was so upset as he saw his source of a steady cash flow dry up!

  • @JHaupt6314
    @JHaupt63146 ай бұрын

    With parents like Joseph and Barbara, it's not too surprising that Sam would end up engaging in a criminal enterprise.

  • @mamacito1795

    @mamacito1795

    6 ай бұрын

    I keep hearing this but umm what was their criminal history prior to ftx? Seems more like a chicken and egg. He was already up to no good and they got involved and did much more "no good". Certainly never gonna win parents of the year but this idea that they're wholly responsible just doesn't vibe with me. He's a crappy person, they're crappy people. Some are where they belong and I hope that others get what they should too

  • @celozzip

    @celozzip

    6 ай бұрын

    oy vey!

  • @LightForxes

    @LightForxes

    6 ай бұрын

    @@celozzip shekels shekels shekels

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