molly ✅ bennett rant ✅ burrito cameo ✅ sbf has now been found guilty on all charges ✅✅✅ great episode, guys!

Guilty! Guilty! Btw, I love Molly. No idea how she spends all day in court and records hours going through it on stream afterwards!

@ocoolwow

8 ай бұрын

Sounds like she has a lot of passion

@gswdeclan

8 ай бұрын

Molly is great, I haven't seen anyone who covers crypto who has the educational background, researching skills, and wit/writing ability. Not that it's relevant, but I think she's really attractive too.

That “answer the question you wish they asked” is a quote from Robert McNamara. There’s something fitting about that.

That was the most interesting and intelligent conversation I’ve heard in ages! It’s such a refreshing change from the superficial 5th grade level discussions that I see in mainstream media sources, including Bloomberg and CNBC. I especially liked how Molly would briefly pause when asked a question she hadn’t fielded before, and then articulate a very thoughtful and non-trivial reply. That’s a really good skill to have. I have no idea what your academic backgrounds are, but you remind me of the type of classmates I used to have as a grad student at a top 3 university. Cheers!

HE WAS FOUND GUILTY LETS FUCKING GOOOOOOOOOOOOOO😆🔥🔥🔥🔥

@kdawg2468

8 ай бұрын

Christmas came early!

140 seems to be the lucky number. Episode 140 and, “He never said he couldn’t recall during his direct examination, but it happened over 140 times during his cross-examination.” That was the quote from the Prosecutor’s closing.

@defective6811

8 ай бұрын

There have been over 140 large scale armed conflicts globally since WW2. Doesnt really fit, but just happens to be something I was looking into today lol

@Otodat83

8 ай бұрын

​@@defective6811140 is the cutoff for IQ scores for a person to be considered a genius. You 2 great minds must be thinking alike. I'll force my way into this now, thank you very much. 👍

In Bankman-Fried’s defense as to “I don’t know why he thought [purposely being obtuse] would work in court?” I mean, it worked to get him billions of dollars. He built his crime on being obtuse. But another plus to the defense calling him out on those tactics, because it underlines to the jury that he’s actively wasting their time. And their LOSING money at this point. Being paid below the minimum wage.

@clumsyzombie3144

8 ай бұрын

Damn, never even thought about it that way about the jury. He literally can't stop himself from scamming people even just 24 hours ago. SBF has absolutely no thought for anyone except himself.

The arrogance to think media evasion tactics will work in court was astounding.

@JJJJJVVVVVLLLLL

8 ай бұрын

people get used to talking their way out of stuff and lose touch with reality

Between the SBF verdict and the SafeMoon indictments, I figure you two might need a coffee tonight.

@CryptoCriticPod

8 ай бұрын

Thank you

@MenwithHill

8 ай бұрын

Coffee or *Coffee* ?

He is now Sam Bankman-Jailed

Perfect timing, guys! Even Burrito showed up knowing today is a special, red-letter day. Literal chef's kiss!

Molly is the GOAT! Hodl cascoin 💎👐

guilty on all 7 counts! you cut the stream 5 mins early :)

Great timing guys!

What a saga this has been. Good on the jury. Good reporting all around, pat yourself on the back guys. Well done.

@clumsyzombie3144

8 ай бұрын

Huge round of applause for Cas and Bennett!!! 👏👏👏🎉🎉🎉

perfect fucking timing let’s fucking gooooo

Guilty on all counts, love to see it. hope he gets the maximum sentence

U guys are awesome !!!! Thanks for covering this ❤❤❤

Michael Lewis is going to be so mad at this jury, lol.

@CarrieCole09

8 ай бұрын

"I sent you a book-length letter! I wore my Hokas in a kind of solidarity with Sam! How can you not believe that he's just a goofy kid-genius who got out over his skis?"- ML 🙄

What a wonderful surprise to see this in my feed. Thank you for the episode

Sam's deflection technique works well in the real world but not in the court room.

A bit late, SBF just convicted on all counts, and both types of money laundering.

@SecondTake123

8 ай бұрын

🎉🎉🎉

@oisinquinn9469

8 ай бұрын

Hindsight is great ehh?

@frevazz3364

8 ай бұрын

Probably SBF after the verdict: Wait if you let me talk to another investor I can fix this 😂😂😂

Hello to you both! I realize it is a day late but I am 64 and I found y’all b/c of the FTX Outrageousness! I just wanted to say how much I enjoy your channel!! I have BINGED about 13 episodes since Friday!! BTW I am embarrassed to say I didn’t even know what a blockchain was!!!!🙄🙃

@janeg8274

8 ай бұрын

OMG you just made this old lady’s day!! You both are so bright and I have had to Google various terms but I have learned so much! I watched one of y’all’s videos with Burrito the cat but I loved that both of you young men talked about that regulators don’t want to rock the boat so to speak! To this very old lady a lot of all of this is from very few ppl that work for the Feds have INTEGRITY!! That term seems to not matter anymore which I find Scary!! I realize this is WAY to long but again Thank You Both!! PS I also have a cat named Winnie!!

Bennett going insane about SBF's defense made my day 🤣

Liz lopatto after the guilty verdict seems like the perfect denouement to this whole mess

SBF Pardon Conspiracy Theorists forget that he also made a lot of important people look very foolish.

@fyt54321

8 ай бұрын

And they made SBF look serious. Looking at you Paradigm, Sequoia "Sam Bankman-Fried Has a Savior Complex", etc, and the media like CNBC. Ladies and gentlemen I present you with the "J.P. Morgan of Crypto", the "world's first trillionaire", the "Effective Altruist" who will be earning to give and changing the world.

@vamoneygroup

8 ай бұрын

Conspiracy? This level of fraud is only possible with negligence from authorities. This negligence is only possible for individuals of a certain background.

@4bibimimi

8 ай бұрын

Much like Elizabeth Holmes, she defrauded Betsy DeVos and a number of high profile investors and and promoters High up in government. If we're keeping score, this puts Bill Clinton at 2 for 2.

I don't even need to watch this to know it's going to be fun (but I AM going to watch it). :)

Prison in March Rich's case being Switzerland, where he fled to, before he could be indicted. "Fun fact": Rich founded Marc Rich & Co (Glencore today) Switzerland's most valuable Company and the world's largest commodities trader. edit: I confused it. Glencore is the largest company by revenue. The most valuable Swiss company is Nestlé.

Guilty on all 7 charges

15:00 if there ever was a time for an unhinged Bennett, it is today

@bennettftomlin

8 ай бұрын

This is still pretty composed for me

Love the Expos hat...

Guilty on all counts! Couldn’t have happened to a more deserving person lol. But I wonder if they’ll charge his parents for their part? I appreciate the clarifications of legal and regulatory issues, since I’m not American ❤

4 1/2 hours of deliberation is all it took.

Thanks for all of these great recaps, and I'm also excited to hear from Liz Lopatto next time! The coverage of this case has been great all around.

Man, I loved the expos... That logo was so ahead of its time

@jimpaek

7 ай бұрын

Gorgeous cap

Bennett's rant at 14:50 is honestly one of the best things i've ever heard 😂😂

He couldn't help himself from acting like a smug asshole even when decades in prison depended on it. Not to mention giving interviews when he should have known he'd be facing criminal charges. Thankfully nerds with zero street smarts make terrible criminals.

@frevazz3364

8 ай бұрын

He is a giant narcissist so not surprising. Plus his mommy and daddy told him he is extra special 😂

Great interview, guys. I've been trying to follow this entire situation and this was very insightful. Would love to see the three of you, along with Tiffany Fong, do a co-lab after sentencing is announced in March. Maybe a deep, multi-hour discussion between the four of you to finally put a cap on this case. 🙏

On the witness stand he was suffering from terrible Samnesia.

Where is Sam Trabucco and what is likely to happen to him? I assume he will get hammered.

Bennett are you OK? I've never seen you this animated I think this trial is breaking you

btw CAS I SAW YOU IN THE BLOOMBERG DOC AND SCREAMED AT MY TV

Guilty - and looking at 110 years (of course appeals to come).... I've been following this space for a long time and it turns out it's not physically possible to get sick of watching crypto bros face-plant!

Molly!!! I'm following her coverage as well

When you hear about Sam taking the stand you don't believe it and then the madman goes and does it, he knows he is going down and is doing this for the memes, you guys wouldn't get it.

One of the tenets of cross-examination is not to ask a question unless you already know the answer. The prosecution knew exactly what it was doing in this case. Sam would give his usual evasive word salad answer to a question and then was confronted with evidence contrary to his answer. A text book case of effective cross-examination.

Cas be like "how is that not bank fraud?" And, turns out, it was! I bet sam wished he could stop taking questions from Sassoon by the end of that day

@4bibimimi

8 ай бұрын

Sam bankman fraud. I've seen it before but now it makes sense in view of the scheme was running. Hey, don't you know I'm a genius? People have moved on to the next question by now! Deferential treatment since high school.

For someone who is a "genius" he sure evades most questions and don't remember half the shit that went on at his business how convenient right. 😂😂😂 lock his ass up for a very long time.

Thanks

Ladies and gentlemen We got him.

The EV on Sam taking the stand was excellent for all of us in the peanut gallery. Great coverage throughout Cas & Bennett, and shoutout to Molly!

so funny. thank you so much.

omg bennett go off

@bennettftomlin

8 ай бұрын

It’s my specialty

Marc Rich wasn’t “released” as he was never imprisoned since he fled And might add there are literally hundreds of examples of donors being given pardons/amnesty but you are correct that in most cases they are still wealthy or families are although a blagovich or silver are good examples of those w/o money who were pardoned for political reasons

Cass, our cats are near twins, down to the white legs. Your little lady kitty is _gorgeous_ YAY GUILTY!

31:29 - Okay, nobody's allowed to use the word "Genesis" anymore for anything.

Molly's great. Thanks CCC.

How much will his attorney's fees come to and who's going to pay it?

And he's guilty! 🎉🎉

Already announced his guilty verdict 😂

Ggggggguility!

SBF was found guilty!

Another banger :)

Bonus special cat guest as well

This girl has quite a good memory! It’s like we where there with her haha😊

pack watch! RIP BOZO

Guilty on all counts. Like 120 years

Not quite terra luna timing but still nicely done

Timing!

The pardon theory falls down for many reasons, not least because there's no gratitude in politics - as Cas notes he has no more money to give later!

this is factful & also *really* funny, eminently listenable coverage. keep up the good work! I will say as a salty old man living on a fixed income that it pleases me, not just to see SBF appropriately served for his crimes, but that he will now spend the rest of his years deservedly forgotten, the nobody he always was. I have no pity for these types. They always downplay what they did, 'I didn't hurt anyone', etc. because they have no empathy, they never comprehend how it's all connected, never think of the fringe communities that end up absorbing toxic debt, the poor families that are going to lose their food stamps, the free clinics that are going to close, etc. :(

Yooo its molly

Some of my favorite tech analysis people here

now this is over, up only

❤Molly❤

I wonder, if Sam was 40, if he had 10 more years of political donations, then would a presidential pardon be on the table?

The most astonishing thing is that this guy, who seems to have the fraud sophistication depth of wet tissue paper, was able to get huge investors shovelling money into his furnace as fast as they could. It really shows how greedy they all got.

a pardon from Biden, Trump, or whoever will be in the White House is not necessarily excluded, he gave real money to a lot of people.

4:13 glad the judge is being proactive with mis/dis-info.

When he shows up to prison get him a lock in a sock at 2am.

44:23 "If Sam leaves jail tomorrow [...] nobody wants to work with him" - - > I don't know, it wouldn't surprise me if a16z gave him a few million dollars for a new venture.

Ahahahah amazing

Love the way criminals point the finger to the cronies that helped him steal money from customers...

I can't understand this Sam dude... Why doing any of this in the first place? Just run the stupid exchange, collect the spread and do nothing more. Earn more than enough. Greed? Money went into his brains and he can't control it? Just enjoing being careless and "above everybody else". I can't understand his lack of fear nor even understanding of what are the consequences. Looks like he thinks everybody else is just naive.

It's over

Wow, Molly and Caroline Ellison.... night and day!

"30-year-old child" That seems to be the motto of my generation. Glad he got found guilty, now I hope they through the book at him.

@BeautifulEarthJa

8 ай бұрын

Sounds about yt

Hopefully his co-conspirators get in trouble as well. At this point despite him being at the mantle it's not fair for him to assume all of the jail time.

“He answers the question he wishes they would ask”. When people do that shit it is soooo annoying lol

I'm reminded of the trial in the movie Bananas (1971). I think Woody did better on the stand.

Six weeks felt like two days...information wise...i feel sorry for the investors..but i watched the circle(prison therapy) 90 percent of them had a terrible youth or had mental problems...or both,so i feel sorry for them

Not going infinite after all huh? 😂

Why have we heard so little from victims? The Bernie M case was all about people who lost everything.

Glad they finally got his ass. Hopefully they'll eventually catch Cas for his billion dollar manipulation of CasCoin.

This crew needs to thoroughly research the Marc Rich scandal before commenting.

Unfortunate timing, lol

for people like sbf and his ilk... who think that with all this 'new tech' stuff they can get themselves though anything with their 'super' intelligence... but what they don't realize is that when you but through all the algorithms, blockchains, risk engines, and so on... it basically is a situation where the owners/founders of a financial trading institution used the money of their customers for their own purposes... gee... now in those terms, the world has been dealing with these kinds of crimes for over a couple thousand years now... just sayin...

@kevinvanderpoole293

8 ай бұрын

by the way... if you really interested in opening some pandora's boxes... look into his parents activities ... look at sbf's father employment contracts with sbf's companies... and also what his mother's involvement with certain political actions committees... you'll find some really interesting storylines to follow...

Too much glee!

Totally no recall...the movie

It sounds like dep v heard not in the trial, but in the way, he is trying to say everyone else is lying but me