Every Monday and Wednesday host Kelly O’Grady speaks with plugged in experts to discuss the latest twists and turns in the case against the FTX CEO.
Sam Bankman-Fried, FTX founder, was arrested in the Bahamas a day before he was to testify before the House Financial Services Committee.
Bankman-Fried is accused of defrauding customers and investors to fund a lavish lifestyle, officials said. Federal prosecutors said beginning in 2019, he diverted their money to cover expenses, debts and risky trades at his crypto hedge fund, Alameda Research, in addition to making lavish purchases and illegal campaign contributions without telling his customers, according to a 13-page indictment.
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Every Monday and Wednesday host Kelly O’Grady speaks with plugged in experts to discuss the latest twists and turns in the case against the FTX CEO.
Sam Bankman-Fried, FTX founder, was arrested in the Bahamas a day before he was to testify before the House Financial Services Committee.
Bankman-Fried is accused of defrauding customers and investors to fund a lavish lifestyle, officials said. Federal prosecutors said beginning in 2019, he diverted their money to cover expenses, debts and risky trades at his crypto hedge fund, Alameda Research, in addition to making lavish purchases and illegal campaign contributions without telling his customers, according to a 13-page indictment.
A Fraud Worse Than Madoff? His Defense Attorney Weighs In
The Trial of Sam Bankman-Fried
29 minutes
2 years ago
A Fraud Worse Than Madoff? His Defense Attorney Weighs In
SBF's fraud trial is underway, with 12 jurors selected on Wednesday who will decide his fate. Many have called out Bankman-Fried’s actions as a fraud worse than Madoff. The attorney who represented Bernie Madoff, Ira Sorkin, joins to discuss the weight of this case.
He breaks down why a jury doesn’t need to be cryptocurrency experts to understand a financial crime, SBF’s risky legal defense strategy, and the decisive role his ex-girlfriend Caroline Ellison will play in the trial.
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The Trial of Sam Bankman-Fried
Every Monday and Wednesday host Kelly O’Grady speaks with plugged in experts to discuss the latest twists and turns in the case against the FTX CEO.
Sam Bankman-Fried, FTX founder, was arrested in the Bahamas a day before he was to testify before the House Financial Services Committee.
Bankman-Fried is accused of defrauding customers and investors to fund a lavish lifestyle, officials said. Federal prosecutors said beginning in 2019, he diverted their money to cover expenses, debts and risky trades at his crypto hedge fund, Alameda Research, in addition to making lavish purchases and illegal campaign contributions without telling his customers, according to a 13-page indictment.