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Sam Bankman-Fried claims FTX was never insolvent. Sam Bankman-Fried claims FTX was never insolvent and blames bankruptcy lawyers for the company's collapse. The X post is an effort from Bankman-Fried's broader campaign to reframe his conviction and win political sympathy. Will he be pardoned by the President? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more. URL: https://hubs.ly/Q03KGbRK0 - OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at owlting.com. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.
Alex Thorn talks with Anthony Scaramucci, Founder of SkyBridge Capital and the SALT Conference, about the structural challenges facing the U.S. economy and how Bitcoin and digital assets could help address them. They discuss Scaramucci's perspective on fiscal policy, inequality, and American competitiveness, as well as his experience in the Trump White House, his relationship with Sam Bankman-Fried (SBF), and his time on the television show Special Forces. Plus, Beimnet Abebe (Galaxy Trading) joins to analyze the Federal Reserve's current stance, inflation trends, and whether markets are entering a fragile moment. This episode was recorded on Wednesday, October 29, 2025. Participants, along with Galaxy Digital, hold a financial interest in Bitcoin. Galaxy Digital regularly engages in buying and selling Bitcoin, including hedging transactions, for its own proprietary accounts and on behalf of its counterparties. Galaxy Digital also provides services to vehicles that invest in Bitcoin. If the value of such assets increases, those vehicles may benefit, and Galaxy Digital's service fees may increase accordingly. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/
Sam Bankman-Fried BioSnap a weekly updated Biography.The crypto world has been buzzing about Sam Bankman-Fried in the wake of Donald Trump's surprise pardon of Binance founder Changpeng Zhao on October 23. While CZ's white-collar convictions were for compliance failures, Sam Bankman-Fried's crimes—found guilty on seven felony counts related to his orchestration of one of the largest frauds in crypto history—are in another league entirely, involving the misappropriation of about eight billion dollars in customer funds through FTX and Alameda Research as well as massive political donations and a 25-year prison sentence, according to widespread reporting by sources like TheStreet and Bitcoinist.Following the CZ pardon, speculation exploded that SBF could be next. Within hours, betting platforms like Polymarket saw the odds of Bankman-Fried earning a presidential pardon leap from just 4% up to 16%. CoinDesk and Crypto News both report that these shifts were driven purely by market speculation, social media frenzy, and a few viral tweets—not any official statement from Trump's team or the White House. Some prominent crypto voices on X, like investigator Coffeezilla, have promised to “quit” if SBF is pardoned, while Polymarket fueled the meme with a post titled “Sam Bankman-Freed,” a post that SBF's own X account retweeted—though the account is still marked as “SBF's words, shared by a friend,” meaning it is run by someone in his circle rather than the man himself.The possibility of a pardon has also been embraced by SBF's family. As reported by Crypto Patel, his parents have been quietly lobbying for months, connecting with Republican insiders and pitching the notion that their son was unfairly targeted. In fact, SBF's mother recently published a detailed essay defending him, hoping to tip public opinion. Meanwhile, Bankman-Fried continues to maintain—in recent interviews from FCI-Terminal Island prison and a long-form piece with Mother Jones—that his real mistake was ceding control of FTX to a new CEO during bankruptcy, not fraud, and that he could have saved the firm if left in charge.Though the chatter is loud, credible legal experts quoted by sources like TheStreet and Variant Fund remain deeply skeptical that SBF could ever receive the same treatment as CZ, since his actions caused direct losses to millions and left an ugly scar on the crypto industry's reputation. As for breaking news, prediction markets have cooled off a bit, with Polymarket and Kalshi dropping odds to the 12% range as reality, for now, sets in. SBF's formal appeal is set for November 4, but legal watchers doubt it will yield any sudden change. For now, Sam Bankman-Fried remains crypto's ultimate cautionary tale, back in the headlines as a symbol of what happens when ambition, politics, and money collide.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried remains behind bars, serving a 25-year sentence after being convicted last fall on seven counts including fraud, conspiracy, and money laundering in one of the largest financial crimes in U.S. history, according to CBS News. The collapse of FTX, which prosecutors say resulted in more than $8 billion in customer losses, continues to define his legacy, with the exchange only now beginning to repay victims almost two years after its implosion. While Bankman-Fried's legal team has mounted an appeal, arguing that he was the victim of a public rush to judgment, there have been no major judicial developments in the past few days—the case is still in the post-conviction phase, with no indication of imminent breakthroughs.However, speculation about his future has absolutely dominated crypto circles and beyond, following President Donald Trump's surprise pardon this past week of Changpeng “CZ” Zhao, the Binance founder. This move sent shockwaves through prediction markets and social media, where chatter about a potential “SBF pardon” exploded overnight. Polymarket, the crypto prediction platform, saw odds for a Trump pardon of Bankman-Fried spike from under 6% to as high as 17% in under 12 hours, according to CoinCentral and TheStreet, with hundreds of thousands of dollars now riding on the bet. A separate Polymarket contract asking whether he will be released from custody this year briefly hit 19% before stabilizing around 15%. But here's the thing: this is pure speculation, fueled by wishful thinking, online memes, and a flurry of headlines—there's zero credible evidence that Trump is considering such a move, and legal analysts like Jake Chervinsky of Variant Fund, quoted by CoinCentral, are openly skeptical, noting Bankman-Fried's Democratic mega-donor past and the gravity of his convictions.Still, the buzz is loud enough that Bankman-Fried's mother and associates have reportedly been quietly seeking allies in Trump's orbit, and his social media presence—ostensibly operated by a friend—has playfully retweeted memes about the pardon odds, according to TheStreet, sparking further online chatter. Meanwhile, Caroline Ellison, his former colleague and ex-girlfriend, was just sentenced to 24 months in prison for her role in the FTX fraud, according to CBS News, a development that serves as another reminder of the scope of the scandal.In the broader culture, the paperback edition of Michael Lewis's “Going Infinite,” which chronicled Bankman-Fried's rise and fall, is about to hit shelves with a new afterword—likely stirring fresh debate about his true character and culpability. While Bankman-Fried himself remains in FCI-Terminal Island prison, the narrative around him is anything but static: a mix of serious legal consequences, feverish prediction market action, and the occasional ironic meme, all reflecting a cultural obsession with one of crypto's most infamous figures. No public appearances, no major business moves—just the ongoing saga of a fallen billionaire, a presidential pardon rumor mill, and a public still trying to make sense of it all.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried has surged back into the headlines this week, despite being nearly two years into his 25-year federal prison sentence following one of the most catastrophic financial implosions in recent memory. According to a number of reports — including a detailed breakdown from Mitrade, Coinpedia, and Phemex — the former FTX CEO has broken his silence from behind bars, publishing a lengthy statement via GETTR that squarely blames the Biden administration for his dramatic 2022 arrest. Bankman-Fried paints his downfall as an act of political retribution, claiming that a shift in his campaign donations from Democrats to Republicans triggered regulators to move against him at a pivotal moment. He asserts his arrest was orchestrated to prevent him from testifying before Congress and to sabotage a major crypto regulation bill he had helped draft. While Bankman-Fried's bombshell accusations are making waves — with House Republicans demanding that SEC Chair Gary Gensler release internal communications about the arrest's timing — officials maintain the data from Gensler's government phone covering late 2022 into 2023 was deleted due to IT policy, deepening the intrigue and fueling partisan divides.He's also reignited the debate over his reputation, as outlets like CoinShares note a new PR push and a stream of public posts where he claims he now possesses only $100,000 and lost around $20 billion, adding a note of personal drama to the financial chaos that followed FTX's spectacular collapse. The tales of lost billions and politics have returned to the crypto zeitgeist, spreading quickly among influencers such as @AltcoinDaily and igniting renewed trader anxiety about the effects FTX's estate liquidations could have on markets like Solana and FTX's own FTT token.On the legal front, Good Morning America and Cryptonews confirm Bankman-Fried's appeal is advancing, with his next hearing slated for early November. In the meantime, his notoriety endures, with stories surfacing about his fellow inmates — a recent headline highlighted rapper Sean ‘Diddy' Combs, his former cellmate, now making his own headlines with an appeal of his conviction. Meanwhile, the Bankman-Fried name stays visible at industry events, as his father Joe Bankman appeared at the White Collar Conference just last week, delivering a candid interview about the family's ongoing pain and resilience.In summary, while Bankman-Fried remains incarcerated at Mendota federal prison in California, his relentless campaign to reframe his legacy keeps him firmly in the limelight, fueling ongoing debates about crypto regulation, political power, and the blurred boundaries between finance and politics in America.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried raised eyebrows when he hired Mark Cohen, the same attorney who represented Ghislaine Maxwell during her high-profile sex-trafficking trial. Cohen, a former federal prosecutor and co-founder of the law firm Cohen & Gresser, was part of Maxwell's defense team that argued she was being scapegoated for Jeffrey Epstein's crimes. Bankman-Fried brought Cohen on to lead his defense following his arrest in late 2022, a move that immediately sparked comparisons between the two notorious cases — both involving allegations of manipulation, power, and privilege shielding elites from accountability.The decision was strategic, not coincidental. Cohen's expertise lies in navigating complex federal prosecutions involving massive evidence and global attention — precisely what Bankman-Fried faced in his FTX fraud case. His partner, Christian Everdell, another veteran of the Maxwell defense, also joined the SBF legal team. The pairing signaled that Bankman-Fried's defense would mirror Maxwell's in tone and sophistication, emphasizing procedural scrutiny and reasonable-doubt tactics over moral argument — a calculated legal strategy to counter the government's sweeping narrative.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried is making waves again, despite his incarceration. Over the past few days, he has reemerged on social media—mostly via GETTR posts published with help from friends—where he's directly challenging the official narrative of his arrest and conviction. SBF claims his December 2022 arrest was politically motivated, orchestrated by Biden administration regulators in response to his shift during the 2022 midterms from being a major Democratic donor to privately funneling tens of millions to Republican campaigns. According to Sam, the crackdown was meant to prevent his scheduled congressional testimony and halt a critical crypto regulation bill he was championing. He argues the timing of his arrest—just before this bill's vote and the eve of his hearing—was far too convenient to be mere coincidence. He specifically blames the aggressive posture of then-SEC Chair Gary Gensler and the DOJ, stating that the anti-crypto sentiment of Biden's regulatory team spurred his political realignment.This narrative has found traction among some critics and House Republicans, who are questioning whether key SEC and DOJ internal communications might reveal orchestration behind regulatory actions. The controversy gained momentum after it was reported that Gary Gensler's government-issued phone underwent an enterprise data wipe, permanently erasing texts from October 2022 to September 2023—a detail fueling speculation about evidence tampering. Sam's claims have also reignited political debate over his $40 million in political donations during the 2022 cycle, with CBS News previously highlighting that $27 million went to Protect Our Future PAC for Democratic House candidates, but substantial sums also flowed discreetly to Republican causes.On the legal front, Sam remains firmly behind bars, recently transferred from Brooklyn's Metropolitan Detention Center to FTC Oklahoma City—a move rumored to be a response to his controversial interview with Tucker Carlson, which was posted on YouTube. That interview, according to the New York Times, landed SBF in solitary confinement. The interview and his social media posts have allegedly been part of a coordinated attempt—led by family members and political consultants—to lobby for a presidential pardon from Donald Trump, although most crypto industry figures say his chances are close to zero. Conservative activist Laura Loomer and attorney John Deaton have publicly called out the substantial lobbying effort and demanded renewed investigation into campaign-finance angles and even the role of Bankman-Fried's parents.Headlines across the crypto and finance space highlight his continued defiance and political accusations. Bitcoinist ran “Sam Bankman-Fried Breaks Silence From Prison—FTX Boss Reveals Real Reason Behind His Arrest,” while outlets like Unchained Crypto report, “SBF Says DOJ Arrested Him to Prevent His Testimony on Crypto Bill.” Meanwhile, some House Republicans are pressing for more transparency amid claims that missing SEC records could contain bombshells supporting Sam's version of events.Sam's appeal of his conviction is scheduled for early November, and social media watchers note that his messaging is ramping up ahead of this milestone. Whether his claims reshape public perception or fade as more political drama remains to be seen, but for now, Sam Bankman-Fried is still making headlines—defiant, controversial, and, in his own words, ultimately a political target.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, the once high-flying founder of FTX now serving a 25-year sentence, has been back in the news in a very big way. Over the past few days, he has dominated headlines with a dramatic new narrative, claiming his 2022 arrest was orchestrated by the Biden administration as political retaliation for shifting his donations from Democrats to Republicans. According to him, the DOJ and SEC pounced on him shortly after he quietly donated tens of millions to GOP causes, alleging regulators were motivated by anti-crypto sentiment and worries about legislation he was slated to champion in Congress. He insists his arrest was timed just before he could testify before lawmakers and help steer a crucial crypto regulatory bill. Bankman-Fried relayed all of this in fiery posts on the social media platform GETTR, stating he cannot post directly from prison and instead dictates statements to a friend via monitored lines. These comments went viral, porting his story straight back into political and financial debate as reported by Benzinga and DLNews.His accusations added fuel to the ongoing uproar about how former SEC Chair Gary Gensler's government-issued phone was wiped—deleting messages from the very dates overlapping FTX's collapse, his arrest, and other landmark crypto enforcement actions. The Chief Inspector of the SEC confirmed the enterprise wipe was due to automated IT protocols, but conspiracy theories are swirling, with Bankman-Fried suggesting this lost trove contained vital evidence about the government's true motives. House Republicans have latched onto this story, demanding disclosures and transparency from regulators.Perhaps even more attention-grabbing is the whirlwind of speculation about a possible pardon. Conservative commentator Laura Loomer took to X to warn of a “massive and well-funded” campaign now lobbying Donald Trump to let SBF walk free. Loomer's allegations triggered fierce debate — some Republicans see it as the height of cynicism, while others mock the idea as Democratic deflection. Still, there's no hard evidence or official filing for a clemency push, and the Justice Department's list of 2025 pardon candidates does not mention Bankman-Fried. Prediction market Polymarket rates his chances at just three percent, underscoring the gap between social media drama and real political likelihood. This whole media storm coincides, perhaps not coincidentally, with a key November 3 hearing on his appeal.Through it all, Bankman-Fried has kept up a steady cadence of denial, framing himself as the ultimate political scapegoat while never wavering in his belief that FTX's failure was mismanagement — not fraud. His story remains a lightning rod, dividing crypto and political circles, and no doubt shaping his legacy as both a cautionary tale and, to some, a martyr.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried's story continues to reverberate through crypto, finance, legal circles, and even pop culture. Sentenced to 25 years in federal prison back in March 2024 after being found guilty in late 2023 of a multitude of criminal charges related to defrauding FTX customers, he remains incarcerated at the Metropolitan Detention Center in Brooklyn, where prison conditions are reported as miserable and sometimes chaotic, according to sources described in Business Insider and the New York Post. Bankman-Fried, now 32, sits alongside other notorious inmates such as Sean "Diddy" Combs and faces a daily existence far removed from his days as a billionaire crypto prodigy. According to AOL, though sentenced to 25 years, federal Bureau of Prisons projections show he'll likely be released just under 21 years from now, in December 2044.Recent headlines have turned intermittently toward speculation and rumor about potential relaunch attempts of FTX. Toktimes.com has commented on “whispers and sometimes shouts about FTX 3.0,” with debate swirling among industry insiders and internet commentators over whether any new version is actually serious business or just meme-fueled fantasy. The reality is that, since early 2025, the FTX bankruptcy estate moved forward with court-approved creditor distributions. Rather than a phoenix rising, the focus is squarely on accountable repayment and complex asset recovery, providing partial restitution and moving the operational dead shell of FTX further away from any comeback narrative—the comeback talk is more speculative than practical.Meanwhile, the scandal's epicenter has expanded to encompass Bankman-Fried's family. His parents, Joseph Bankman and Barbara Fried, renowned Stanford Law School professors, are weathering scrutiny over a reported $26.4 million in gifts and property received from FTX. While they insist they had no executive role or knowledge of fraud, court documents and Signal chat evidence suggest Joseph played an advisory role during key moments in FTX's saga, notably the relocation to the Bahamas and the company's final meltdown. The bankruptcy estate's ongoing suits against the couple have pulled Stanford University into the fray, challenging both its reputation and its creditor role. Coin World and Coinpaper are sources repeatedly discussing how federal prosecutors may be weighing charges against Bankman-Fried's parents as part of tightening legal nooses around those who carried the aura—or the benefits—of the FTX empire.In the wider financial and pop culture sphere, Sam Bankman-Fried remains a reference point for conversations on high-flying fintech disasters and the perils of unchecked investing. The NBA's own Aspiration sponsorship drama was recently compared in Front Office Sports to FTX, as league officials and journalists debated how such deals pass muster after the fallout of crypto's boom and bust. AI and market commentators also use his downfall as shorthand for how governance failures can tank revolutionary promises, as evidenced in Yale Insights.No verified social media activity has come from Bankman-Fried personally, but his name trends routinely in crypto Twitter spaces, TikTok finance jokes, and Subreddits dissecting everything from legal minutiae to prison folklore. For now, the biographical significance is clear: Bankman-Fried has gone from crypto's brightest to its most cautionary tale, with the legal and financial fallout reshaping not only his life, but the culture, governance, and trust mechanisms at the center of digital markets.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Did you hear what Vivek Ramaswamy said during an interview?! He said there's no more “owning the libs.” In this economic climate, board op Sam suggests we rent the libs instead. PBS did a survey about America's feelings on getting the country back on track. Nearly a third of Americans feel political violence may be necessary, whereas around 70% disagree. Chris admits he tried to create some of the show using AI, but the experience sucked because AI is still meh and cannot be trusted.
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, once the golden boy of crypto and now inmate number 9917–005, has made waves again from behind bars with a dramatic confession. In multiple interviews and statements made public this week—including an extensive sit-down with Mother Jones and remarks published by outlets like Cointelegraph and Cointribune—he declared that his "single biggest mistake by far" was handing over control of FTX to John Ray III in November 2022, not the massive fraud for which he's serving 25 years. According to Bankman-Fried, the real point of no return for his $32 billion empire wasn't the billions funneled to Alameda Research, but those final minutes before bankruptcy: He claims he got a call minutes after signing over control about a potential bailout that might have saved FTX, but it was too late, as Ray had already filed for bankruptcy. This move is now being dissected on social media, where crypto insiders and former FTX customers spar about whether SBF is delusional, deflecting blame, or, somehow, hitting on a truth about the deadly logic of bankruptcy lawyers—especially Sullivan & Cromwell, who've reportedly earned over $171 million in fees since the collapse, according to Mitrade and Mother Jones.He hasn't faded quietly. While the mainstream press barely glances at his saga anymore, key crypto podcasts like Reveal and industry rags like Cointelegraph are keeping the FTX corpse warm, detailing how John Ray and the bankruptcy court continue to wrangle billions for distribution to creditors. Meanwhile, creditors have now received over $7.8 billion in repayments as of late September, but many are still angry, insisting that bankruptcy didn't deliver real justice or transparency.Behind the scenes, Bankman-Fried's parents—Stanford legal stars Joe Bankman and Barbara Fried—are helping spearhead their son's longshot appeal, hoping to overturn his conviction or even secure a pardon, possibly from Donald Trump, who's now openly embracing crypto in the White House. SBF himself tried to peddle his side of things in a video call with Tucker Carlson—a bold play for public opinion with upcoming appeal hearings just weeks away.In all this, he maintains his innocence, repeating to anyone who'll listen that he "never defrauded anyone" and that FTX was never actually bankrupt. The crypto world, meanwhile, has moved on to fresh scandals and new bull runs, but the saga of Sam Bankman-Fried continues to echo, his recent interviews reigniting fierce debates over culpability, governance, and whether history will remember him as a crook, a scapegoat, or something far more tragic.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried has surged back into the headlines following a new interview with Mother Jones, where the former FTX chief opened up about the frantic final days of his crypto empire. Most notably, he called his decision to hand leadership over to John J Ray III—the man who would soon put FTX into bankruptcy—his single biggest mistake, a move he claims snuffed out a last-ditch investment lifeline and sealed FTX's fate. According to Sam, just minutes after signing over control, he received a call about a potential rescue deal, but by then it was too late to backtrack—a twist with immense consequences for him, thousands of creditors, and the entire crypto sector.This new interview has been widely referenced, including by outlets like Cointelegraph and Bitcoinist, as it's one of the few direct glimpses into his current perspective. Sam, serving his 25-year sentence after being convicted of seven felony counts tied to FTX's $8.9 billion collapse, says immense pressure from law firm Sullivan & Cromwell and some former FTX insiders pushed him to resign. After taking charge, Ray moved lightning-fast to file for bankruptcy—hiring the same law firm, which has since earned more than $171 million for its work in the case. Sullivan & Cromwell's role remains the subject of controversy, with lingering suspicion in some circles about conflict of interest, although a lawsuit against the firm was recently withdrawn.Sam's comments come as the FTX estate is steadily repaying creditors; September saw another large round of repayments, bringing the total returned to about $7.8 billion, though billions remain outstanding. The plan is to pay back at least 98 percent of the customers more than their original balances, a rare glimmer of restitution in this multi-year crypto reckoning.On the personal front, Sam's days are now spent in a low-security US federal prison, as quietly reported by Cointelegraph Magazine. His name still trends in crypto circles on X, usually paired with regretful memes or debate over whether a different handoff or even no handoff at all might have salvaged FTX. Despite his notoriety, there have been no reported public appearances, business activities, or credible new ventures—his role is now that of a cautionary tale, his story echoing through crypto news cycles, social media jokes, and a steady stream of headlines: Sam Bankman-Fried calls giving up control his fatal mistake, while billions still wait to be returned.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried has been thrust back into headlines this week with a flurry of attention on social media and in the mainstream press. The biggest story grabbed the crypto world on September 24th, when SBF—currently serving his sentence for fraud related to the FTX collapse—made his first appearance on X, formerly Twitter, since March. However, the post was in fact made by a friend on his behalf, a clarification which did nothing to slow the market's reaction. The FTT token, long battered by scandal, soared more than 55 percent overnight at the mere whiff of SBF's digital presence, before cooling back to around ninety-nine cents. Crypto insiders from Travis Kling of Ikigai Asset Management to countless anonymous traders debated what—if anything—it might signal, with Kling even publicly expressing forgiveness and urging others to let go of grudges. The collective social sentiment seems to confirm that even from behind bars, SBF remains a potent influencer of market psychology, as noted by CryptoRank and other analytics specialists.The surge in attention coincided with, or perhaps was amplified by, ongoing media interest in both SBF and the wider FTX saga. Mother Jones is running an in-depth serialized investigation based on exclusive interviews with Sam himself from prison, offering fresh insights into his perspective on FTX's precipitous rise and catastrophic collapse. Meanwhile, Reveal from the Center for Investigative Reporting has released a new podcast episode tracing the contours of crypto's wild ride—including SBF's criminal conviction in 2023—and analyzing what his downfall means for the future of financial regulation. For those of the literary persuasion, book clubs are also updating recommended readings to include new analysis with fresh afterwords covering Bankman-Fried's trial and its aftermath.On the public appearance circuit, SBF is absent but not forgotten. His father, Stanford Law Professor Joe Bankman, is set to be a featured guest at the October 11 White Collar Conference, hosted virtually and sponsored by Paul Weiss. The event's promo makes clear that Sam's legal travail and the impact on his family will be directly addressed during a live interview segment—further keeping the family, and by association Sam himself, in the public eye.No verified reports have emerged in the past week of new criminal charges, business activity, or direct personal statements from SBF. Speculation around parole eligibility after reports of a potential four-year sentence reduction in May remains just that—unconfirmed. For now, Sam Bankman-Fried's rare communication, shifting token prices, and enduring cultural curiosity prove that certain stories, and protagonists, don't fade quietly, even when locked away.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
How much of the mania is inherent to crypto and how much is just SBF? Cryptomania: Hype, Hope, and the Fall of FTX's Billion-Dollar Fintech Empire By: Andrew R. Chow Published: 2024 416 Pages Briefly, what is this book about? The 2020-2022 crypto boom. Three groups stand out. The scammers, as represented by Sam Bankman-Fried (SBF). The idealists, as represented by Vitalik Buterin and the victims as represented by African NFT artist Owo Anieti. What's the author's angle? Chow definitely thinks that there was a crypto bubble that popped in 2022 with the implosion of FTX. Whether he thinks crypto is a bubble in its entirety is less clear. He's definitely not a crypto booster. Who should read this book? I mostly read it to partake in some schadenfreude at SBF's expense. It delivered on that. If you have similar desires I would recommend it, but it also did a great job of outlining the craziness of that era. What Black Swans does it reveal? The collapse of FTX played out over a much shorter time period than the collapse of, say, Enron or Lehman Brothers. If crypto gets more entrenched into the world's financial system while maintaining this quality of rapid volatility, that would be bad. Specific thoughts: Owo vs. SBF
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried has once again managed to command headlines despite not having physically left his prison cell. This past week his verified social media account jolted to life with the terse message “gm” shorthand for “good morning” in crypto lingo on Tuesday. According to reporting from U Today and CoinDesk the simplicity of the post set off a thunderclap across the industry racking up over 4.5 million views and unleashing rampant speculation among his followers. The carefully timed chirp was Bankman-Fried's first public activity on X in months and immediately triggered a 24 percent spike in the price of the FTT token the native asset of his bankrupt FTX exchange. Some trading platforms registered even higher jumps in FTT price with CoinCentral and Bitcoinist suggesting a brief 32 to 45 percent price surge in a matter of hours. Market watchers and investors rushed to guess whether SBF was somehow back online or even out of prison only for a friend managing his account to confirm that the message was posted on Bankman-Fried's behalf from outside—a clarification which did little to stem the meme storm or the price action.While many in the crypto world greeted the post with dry skepticism and humor industry insiders noted the undeniable long-term impact these digital aftershocks still have on market sentiment around FTX and the ongoing bankruptcy process. Bankman-Fried is currently serving a 25-year sentence at the Federal Correctional Institution Terminal Island in Los Angeles for one of the largest financial frauds in recent memory. Convicted in November 2023 on seven counts of fraud and conspiracy after the dramatic 2022 FTX collapse he remains a singular figure whose online presence even if brief and mediated still disrupts markets and public perception.Meanwhile in business news the legal and financial afterlife of his failed empire continues to play out. According to Banking Dive the FTX Recovery Trust recently filed a $1.15 billion lawsuit against crypto miner Genesis Digital Assets aiming to claw back what it calls one of SBF's most “reckless” investments. The suit alleges Bankman-Fried invested more than a billion dollars in GDA between 2021 and 2022 based on egregiously unaudited financials and glaring red flags a move that has since become a touchstone of the excess and negligence fueling FTX's collapse. The litigation underscores how Bankman-Fried's financial decisions continue to haunt creditors and partners striving to recoup losses. Adding to the drama FTX estate officials are set to distribute $1.6 billion to creditors beginning September 30—a high-stakes move that promises to keep his story in the business headlines for months to come.No new public appearances or verified interviews have emerged since Bankman-Fried's sentencing in 2023 though his name remains a fixture in podcasts and investigative specials revisiting the saga of FTX's rise and spectacular ruin. For all the gossip and speculation Sam Bankman-Fried's ability to roil markets from inside a federal penitentiary remains a testament to his ongoing and extraordinary status as the crypto world's most notorious cautionary tale.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried's world has not quieted down nearly three years after the FTX cataclysm. This week, the biggest headline comes from the FTX bankruptcy estate, which just announced that a third round of payouts totaling 1.6 billion dollars will be distributed to creditors on September 30th, 2025. This marks a significant phase in the recovery operation after billions of customer funds vanished in the November 2022 collapse that sent shockwaves through global finance, a collapse made infamous by Bankman-Fried's own fraudulent mismanagement. The distribution rate for the victims now spans between 78 and 120 percent of their original holdings, according to the FTX Recovery Trust press release, raising new hope among some creditors while stirring frustration and envy among others left less well-compensated. The operation's logistics have become a watchword for the ongoing stability of the crypto market, with outlets like Cointribune and Crypto Briefing warning of potential tumult and security concerns as such a large sum floods the system in a single tranche.Meanwhile, Bankman-Fried's personal reality is shifting as well, though not in the way most might hope. He was recently moved from the notoriously harsh Victorville medium-security prison to the comparatively milder Terminal Island federal correctional institution in Southern California, confirmed by a report from Cointelegraph. While no official comment has been issued about his conditions, prison consultants differentiated the move as a reduction in daily security risk, but his 25-year sentence—for what one former U.S. Attorney described as “one of the largest financial frauds in American history”—remains unchanged. Talk of an earlier release is pure speculation at this point, despite a renewed flurry of rumors after Bankman-Fried's otherwise dormant X account sprang to life this week, mass-following dozens of profiles with no further public statement. That alone was enough to spark a transient rally in the FTT token, which briefly surged above one dollar before falling back. Some in the crypto world fantasize that these digital breadcrumbs might foreshadow a comeback or secret deal, but there is no confirmed evidence Bankman-Fried has access to funds; wallets believed linked to him now show mere pennies in value, while Alameda Research–related wallets are funneled straight into bankruptcy settlements.Sam remains a potent symbol and cautionary tale: a onetime crypto king whose web of deceit took out not just his own fortune and company, but faith across a whole industry. With the next wave of restitution and creditor emotions running high, Bankman-Fried's movements—both virtual and physical—remain the subject of intense scrutiny, rumor, and, occasionally, hope.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
An INSANE XRP price target has just been exposed, and the upside could be bigger than anyone expected! At the same time, rumors of a Solana and Avalanche partnership are sending shockwaves through the crypto space.
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, once the face of crypto innovation, is back in the headlines as a potentially history-defining appeals hearing approaches. The U.S. Court of Appeals for the Second Circuit has slated oral arguments for November 4, a pivotal day that could see Bankman-Fried's 25-year prison sentence revisited or even tossed out. His legal team has doubled down in recent filings, insisting the trial was unfair, that SBF was “never presumed innocent,” and that prosecutors purposely misrepresented FTX customer funds as permanently lost. Bankman-Fried's personal posts on X add a bit of spice, accusing outside legal counsel of hijacking FTX's bankruptcy process to enrich themselves rather than prioritize customer recoveries, a defense insiders believe could surface at the hearing. Crypto.News and The Cryptonomist both underline that this hearing could reshape not just SBF's fate but also the regulatory and legal standards for crypto crime.Meanwhile, long-suffering creditors are preparing for another round of FTX repayments, with approximately 1.9 billion dollars in new payouts expected in September, following previous returns that have already reached an estimated 6.2 billion dollars. The bankruptcy estate's recovery process continues to draw international attention, especially as the interplay between FTX's downfall and the insolvency of heavyweights like Three Arrows Capital remains in the courts. In a fresh and potentially explosive lawsuit, 3AC's liquidators have subpoenaed Bankman-Fried as well as ex-FTX lieutenants Caroline Ellison and Ryne Salame, alleging they forced liquidations totaling 1.5 billion dollars and engaged in illegal insider trading. Zhu Su, 3AC's cofounder, claims these trades and liquidations—executed during the market rout of mid-2022—pushed 3AC over the edge.Bankman-Fried's deposition in this 3AC case is scheduled for October, expected to be recorded under strict prison protocols at FCI Terminal Island in California, where he was transferred after his bail was revoked on witness tampering allegations. The former wunderkind maintains a limited social media presence, usually through legal updates and reposts from his support network, but he hasn't tweeted directly since his conviction. The possibility of a pardon has floated across various social platforms, though no credible evidence supports a formal campaign or White House response.The next two months stand to be consequential for SBF's place in the story of crypto's wild rise and spectacular crackup. If the courts side with his appeal, the fallout will be seismic, not just for Bankman-Fried but for the entire digital finance ecosystem. For now, Sam Bankman-Fried remains behind bars, awaiting a November day that could decide the rest of his life—or at least rewrite his future headlines.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried is making headlines again after being transferred from Brooklyn's Metropolitan Detention Center to FTC Oklahoma City, a facility used for inmates in transit. The motivation for this move remains undisclosed, but it closely followed his unauthorized YouTube interview with conservative commentator Tucker Carlson, according to The New York Times. During that interview, Bankman-Fried reportedly lobbied for a pardon from former president Donald Trump, although insiders and crypto lobbyists suggest he has a near-zero chance of success. This pursuit of clemency attracted attention earlier this year when his parents, Joseph Bankman and Barbara Fried, met with Trump allies and wrote op-eds in major outlets, but momentum appears lacking.Bankman-Fried's current 25-year sentence—stemming from his 2023 conviction on extensive crypto fraud—remains a defining chapter of his public image. According to the Federal Bureau of Prisons, his scheduled release is November 17, 2044. Media retrospectives and business analyses remain relentless. ABC World News Tonight recently aired another detailed recap of his rise and catastrophic fall: from "crypto's golden boy" to the famously indicted FTX founder whose lack of financial controls and massive misuse of customer funds reshaped the narrative around digital currencies. Commentators emphasize that his fraud was not a mere misjudgment, but a systemic and deliberate collapse of integrity.On the business front, new figures emerged illustrating the scale of unintended consequences from the FTX bankruptcy. According to Benzinga, Bankman-Fried's early $500 million investment in AI giant Anthropic, made before his imprisonment, resulted in an 8% share. Forced asset sales under bankruptcy protection realized roughly $1.3 billion for the estate—a strong gain. However, after Anthropic's latest mega-funding round valuing it at $183 billion, that same stake would now be worth a staggering $14.6 billion, revealing a $13.3 billion missed windfall for FTX creditors. While Bankman-Fried had the foresight to back Anthropic early, his own downfall and legal constraints stripped him of any ability to capitalize on this one moment of prescient investing.Meanwhile, Bankman-Fried's notoriety has bled into pop culture. A satirical musical, "Luigi: The Musical," is a surprise hit in San Francisco and Edinburgh, and draws on the bizarre reality of his and fellow inmates' jailhouse lives—casting him as the archetypal disgraced tech whiz behind bars. The show and its media coverage reference a brief era when Bankman-Fried shared cells with other infamous names, adding layers to his public image via social media memes and viral TikTok discussions. While speculative talk about his mental state or plans for appeal surfaces regularly on platforms like X and TikTok, no verified recent posts or statements have come directly from Bankman-Fried since his solitary confinement.In summary, Bankman-Fried's public saga this week is a cocktail of legal maneuvering, pop culture adaptation, and financial what-might-have-been, all underscored by the unlikelihood of short-term redemption or release.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, notorious ex-FTX founder and crypto's fallen king, continues to cast a long shadow even from a jail cell. Over the past few days, his name surfaced in headlines thanks to a burst of news stories and cultural moments—remarkable for a man serving a 25-year sentence after being convicted of fraud and conspiracy in what authorities called one of the biggest financial crimes in US history, as widely reported by ABC News and major outlets.This week, business media revisited Bankman-Fried's early bet on Anthropic, the AI company that just rocketed to an eye-watering $183 billion valuation after its latest funding round. When Bankman-Fried led a $500 million FTX investment in Anthropic in 2021, FTX scooped up an 8 percent stake. But after the FTX implosion, bankruptcy management cashed out for $1.3 billion. If they'd held those shares until now, the stake would be worth nearly $15 billion—a missed windfall of over $13 billion. The story resurfaced across business wires, underlining Bankman-Fried's uncanny eye for opportunity paired with catastrophic misfortune, and fueling armchair debates about “what-if” in crypto and venture circles, according to Benzinga.But the headlines this week weren't only financial. Multiple NPR-affiliated radio stations gleefully reported that Bankman-Fried is part of the cultural backdrop for a satirical new musical, itself a sensation, that lampoons life inside Brooklyn's Metropolitan Detention Center. Apparently, he was briefly housed with both Diddy and the alleged killer of a major healthcare CEO, and their supposed jailhouse rapport became fodder for this wildly popular show. The meta-celebrity status achieved by Bankman-Fried, now more plot device than participant, reveals how his story has permeated not only finance and law but also pop culture itself, as highlighted by NPR and KUOW.Long-form coverage keeps his saga alive: Vice Media and The Information are collaborating on an upcoming documentary dissecting his meteoric rise and fall, his devotion to effective altruism, and the wider Silicon Valley ecosystem that turbocharged FTX's rise. Larger headlines this week did not reveal new legal movements or interviews, and no fresh social media from Sam himself, but persistent rumors continue circulating about efforts for a pardon—considered highly unlikely by most insiders—while tabloids recycle stories about his prison life, media blitz strategy, and bizarre interactions with other celebrity inmates, including rumored solitary confinement after a controversial interview, as reported earlier by Fortune. There are no reliable reports of new lawsuits or regulatory action in the past few days, but the missed Anthropic fortune and his ongoing afterlife in the cultural zeitgeist ensure Sam Bankman-Fried's improbable relevance stubbornly endures.Get the best deals https://amzn.to/3ODvOta
Sam Bankman-Fried BioSnap a weekly updated Biography.Last week, Sam Bankman-Fried's legal drama intensified with headlines everywhere after US District Judge Lewis Kaplan shot down his request for release from jail, keeping him behind bars as appeals play out. Bankman-Fried, who was once the darling of crypto and a fixture in the political donor circuit, saw his $250 million bail revoked after the court found probable cause he tampered with witnesses according to Fact In Face. Locked up in Brooklyn's MDC, he's reportedly sharing the same dorm-style quarters with Sean Diddy Combs as PEOPLE magazine revealed—a pairing nobody in the financial press could have predicted, making for lots of social media chatter and memes.Turning to the courts, Bankman-Fried is not only dealing with jail time but also a barrage of fresh testimony and cross-examinations. On August 27, his ex-girlfriend and former Alameda Research CEO Caroline Ellison was again on the witness stand in proceedings scrutinized by the entire crypto industry as reported extensively by MVSU News. FTX's messy collapse continues playing out in the courtroom, with Ellison facing Bankman-Fried's lawyers in high-profile cross-examination sessions that have fueled daily Twitter speculation and spawned countless viral threads.As for his business ties and reputational fallout, the legal reverberations from FTX's implosion are landing beyond criminal charges. Fenwick & West, the powerhouse law firm once on FTX's speed dial, is now swatting down updated allegations of enabling the fraud behind the FTX collapse. In a recent court filing, Fenwick & West insisted it did nothing more than provide routine legal counsel, denouncing claims they were complicit in the misuse of customer funds as “outdated and unfounded” per Coinpaper. This legal back-and-forth has become another flashpoint in the debate over how much responsibility legal and financial advisers bear when overseeing high-risk crypto ventures.Meanwhile, his earlier years and rise to notoriety continue to be dissected. Encyclopædia Britannica recounts how Bankman-Fried built FTX into a multi-billion dollar empire before its dramatic collapse, donated millions to US political campaigns, and lived a double life as a self-proclaimed philanthropist and secret high roller in the Bahamas. His March 2024 conviction on seven counts of fraud, conspiracy, and money laundering, and the 25-year sentence handed down by a New York judge, remain front and center in his biographical trajectory—a rare, swift plummet for a onetime crypto icon.No verified public appearances or social media statements have emerged from Bankman-Fried since his incarceration, though speculative posts and Reddit threads continue to dissect every legal filing and crypto market ripple connected to his name. The Sam Bankman-Fried story remains a potent mix of legal drama, business unraveling, and tabloid curiosity—an ongoing saga that shows no sign of fading from the financial and cultural spotlight.Get the best deals https://amzn.to/3ODvOta
Sam Bankman-Fried pasó de ser el “genio” que prometía revolucionar las criptomonedas a convertirse en el protagonista de uno de los fraudes financieros más grandes de la historia. FTX, su exchange cripto, llegó a valer 32 mil millones de dólares, pero todo se desplomó en cuestión de días, dejando a millones de personas en la ruina.En este video te cuento cómo construyó su imperio, las promesas que lo llevaron a la cima, y las mentiras que terminaron por destruirlo.Fuentes: https://docs.google.com/document/d/1knXaX-M0_D2rw75Ax_9IpAS_CiOyxTSNHohpM3ZgVP0/edit?usp=sharing
Sam Bankman-Fried BioSnap a weekly updated Biography.In just the past few days, Sam Bankman-Fried's story has continued to fascinate the world, not just from behind bars but powerfully through pop culture and persistent legal intrigue. Gus Van Sant, the celebrated American director, has confirmed plans to take on a feature film about Bankman-Fried for his next project, describing the FTX saga as “an amazing sort of car crash in the crypto world.” The news broke via The Hollywood Reporter, with Van Sant calling the tale tailor-made for cinema: fraud, eccentric living, a high-profile romance with Caroline Ellison, and a hedonistic Bahamas lifestyle, all bundled into the narrative. The prospect of Van Sant dramatizing Bankman-Fried's ascent and infamous downfall is already drawing attention ahead of the director's return to Venice Film Festival after a seven-year hiatus.Netflix is also capitalizing on the enduring public fascination, expanding the cast of its eight-episode limited series “The Altruists,” charting the personal and financial collapse of Bankman-Fried and Caroline Ellison. Anthony Boyle takes the role of SBF, with Julia Garner set to portray Ellison. Netflix is billing it as a story of two hyper-smart idealists who seduced each other — and together stole $8 billion. The plot won't stray into their current prison stint but promises to explore the blurred lines between romance and con artistry that so many believe defined FTX's inner workings.Meanwhile, daily life for Bankman-Fried is decidedly less glamorous. Recent coverage in Cointelegraph confirms that he has been transferred yet again, now residing in the low-security Terminal Island federal correctional institution. Although speculation about his safety and potential moves persists, crypto analysts and prison consultants agree that conditions at Terminal Island are a notable downgrade in terms of violence compared to the notorious Victorville medium-security facility, suggesting he may face fewer threats for now.Legal ripples continue. Federal prosecutors, as reported by AOL, are still considering new evidence tied to alleged campaign finance violations on top of the seven fraud and conspiracy counts that landed him a 25-year sentence just months ago. And Caroline Ellison, his ex-girlfriend and former CEO of Alameda Research, has reignited headlines claiming Bankman-Fried sent a $100 million bribe to Chinese officials, although this remains unconfirmed and hinges on sealed court evidence.On social media, Bankman-Fried's presence is mainly as a subject. Instagram posts have referenced him in satirical works alongside Diddy and Luigi Mangione, adding to his growing mythos but offering little in the way of direct communication from SBF himself. Brooklyn's administrative jail has become an unlikely hotspot, with three high-profile figures reportedly held there simultaneously, inspiring at least one recent musical parody.Finally, political reverberations from Bankman-Fried's collapse linger, as FTX's legacy of campaign donations still shapes debates in Washington. OpenSecrets and Portside have tracked an explosion in crypto lobbying, with Bankman-Fried's old firm FTX still cited among the biggest contributors. While Bankman-Fried himself remains behind bars, his fingerprints on the intersection of tech money and political influence are felt with each legislative maneuver.In short, as Sam Bankman-Fried settles into his new prison environment, Hollywood and Silicon Valley still hustle to claim his story, and prosecutors circle ever closer for the final act.Get the best deals https://amzn.to/3ODvOta
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, once hailed as the face of crypto innovation, remains a prominent headline-maker more than a year deep into his high-profile downfall. In just the past few days, news broke that the Bureau of Prisons transferred him from New York's MDC Brooklyn to Oklahoma, which serves as a federal transfer hub, in preparation for his placement at another lockup where he will continue serving a 25-year sentence for engineering what prosecutors call one of the largest financial frauds in U.S. history. This move followed his request to remain in New York during an appeals process; however, officials decided his appeal did not warrant his continued stay. A brief stint in solitary confinement for an unauthorized video interview with Tucker Carlson added a layer of intrigue, but insiders say the transfer is more about routine procedure than punishment, according to ABC News.His living arrangements in jail also sparked some viral chatter with Business Insider and NBC News reporting that Sam Bankman-Fried found himself sharing dorm-style digs with none other than Sean “Diddy” Combs, after the rapper was remanded on unrelated federal charges. The pair are part of a small group of high-profile inmates housed together for heightened security, drawing tabloid comparisons to the facility's notorious reputation and previous famous residents like R. Kelly and Ghislaine Maxwell.On the business front, lingering fallout from his FTX empire continues to reverberate. Newly revealed filings and FEC disclosures show that Democratic super PACs Future Forward and Women Vote finally refunded $4.4 million in donations linked to Bankman-Fried, but only after the Justice Department applied serious pressure. The repayments went into the FTX bankruptcy recovery estate—a long-delayed move closing a chapter in campaign finance intertwined with one of crypto's most notorious scandals, as reported by Sludge.Hollywood continues to circle Bankman-Fried's story, with perhaps the most sensational development coming from The Hollywood Reporter, which announced that Lena Dunham is now adapting Michael Lewis's bestseller Going Infinite about the rise and fall of the FTX founder for the big screen. Apple Studios and A24 are producing, signaling that Sam's notoriety remains potent cultural currency, promising to resurrect his story in a new, dramatic light.Meanwhile, the regulatory ripple effects of his actions persist. The collapse of FTX was a key driver behind the Federal Reserve's now-concluded special oversight program for banks dealing with crypto assets, a decision recounted by The Indian Express. This move closes a regulatory loop that began with the losses Bankman-Fried's platform triggered across signature banks and Silicon Valley Bank, reshaping how traditional banking connects with the digital asset sector.On social media, discussion has reignited over Bankman-Fried's role in the broader crackdown on crypto executives, highlighted by instant reactions to new enforcement actions against other market players. And in culture, references to his incarceration—even in standup comedy, as with Caleb Zeringue's Edinburgh show—attest to his continuing pop-culture imprint.No unconfirmed reports have emerged recently regarding a change in his legal status or possible new charges. As of now, Sam Bankman-Fried remains a cautionary symbol of ambition turned notoriety, his story still unfurling in law, media, and pop intrigue.Get the best deals https://amzn.to/3ODvOta
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, once feted as a crypto wunderkind, made major headlines again this week as the Bureau of Prisons transferred him out of Brooklyn's Metropolitan Detention Center. According to ABC News, the move follows his recently filed appeal on his conviction and 25-year sentence for orchestrating an $8 billion fraud while running the FTX crypto exchange. Despite his request to stay closer to his legal team in New York, Bankman-Fried is now destined for a longer-term federal prison facility, with his former holding merely intended for those awaiting trial. His transfer comes on the heels of a brief stint in solitary confinement, reportedly for conducting an unauthorized videoconference interview with Tucker Carlson. That controversial interview, which spawned viral soundbites and new rounds of online commentary, fueled more public fascination with his persona and prison life.On the pop culture front, Lena Dunham is penning a movie based on Michael Lewis's best-selling FTX exposé Going Infinite, now in early development at Apple Studios and A24, underscoring the enduring spectacle of Bankman-Fried's rise and fall. Meanwhile, the fascination with SBF's post-conviction life has gone theatrical, with a new Edinburgh Fringe show, Luigi the Musical, inspired by the extraordinary reality that Bankman-Fried, rapper Sean “Diddy” Combs, and Italian sensation Luigi Mangione briefly shared a Brooklyn jail cell. In the real-life version, Business Insider and other outlets reported that Bankman-Fried and Diddy were bunkmates, both held in the jail's special high-profile area. In a rare interview, Bankman-Fried admitted the two men had struck up a friendly rapport, further cementing his tabloid magnetism.In the political aftermath of his crimes, Democratic super PACs were pressured by the Justice Department to return over $4.4 million in FTX donations to the bankruptcy estate according to Sludge, a move two years in the making as the legal reckoning for Bankman-Fried's influence and philanthropic ambitions continues to ripples through Washington. As a reminder of the broader fallout, the Federal Reserve recently loosened its special crypto-focused supervision of banks, a safeguard prompted by the high-profile collapse of FTX and the cascade that followed, reported Indian Express.No credible reports of new business ventures or verified social media activity by Bankman-Fried have emerged in the past few days, given his ongoing incarceration and the strict limitations placed on his communications. His legacy, for now, remains one of scandal, headlines, and a pop culture fascination that seems nowhere near fading.Get the best deals https://amzn.to/3ODvOta
Paris Marx is joined by Jacob Silverman to discuss Sequoia partner Shaun Maguire's Islamophobic attack on Zohran Mamdani, what it tells us about the state of tech's politics, and how Donald Trump is enriching himself through crypto scams.Jacob Silverman is a journalist and the author of the forthcoming book Gilded Rage: Elon Musk and the Radicalization of Silicon Valley.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.The podcast is made in partnership with The Nation. Production is by Kyla Hewson.Also mentioned in this episode:Jacob has reported on the Aqua 1 Foundation's mysterious crypto deal that puts $75 million dollars in Donald Trumps pocket.Trump signed the GENIUS Act last week, which aims to make crypto more mainstream and is widely viewed as openly corrupt. Trump has already made millions of dollars from crypto.Crypto is coming for the US 401k.Support the show
Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried, the infamous founder of FTX, remains a magnet for headlines, intrigue, and more than a little controversy. Just a few days ago, ABC News highlighted that Bankman-Fried is currently serving a 25-year sentence and, in a new interview with Tucker Carlson, made news by discussing aspects of his current prison life, though the specifics of their conversation remain under wraps for now. According to Fortune, he was recently transferred to a notoriously tough prison in California before winding up at a lower-security facility in Los Angeles, a move that's garnered attention given his high profile and the company he keeps behind bars.On that note, Sean 'Diddy' Combs, who at one point shared a cell block with Bankman-Fried, has made his own splash this week after being acquitted of the most serious racketeering and sex trafficking charges in Manhattan federal court, though he was convicted on lesser prostitution-related charges, as NBC News reported. The celebrity overlap in their detention facility, which is specifically reserved for high-profile inmates like R. Kelly and Bankman-Fried, has added an extra layer of notoriety to their situation, as noted by AOL Finance.In the business realm, the FTX saga continues to evolve. The company is currently seeking bankruptcy court approval to process creditor claims from 49 regions, including mainland China, where crypto remains heavily restricted. Chinese users, who constitute the vast majority of claimants in restricted areas, face the loss of repayment unless legal workarounds can be found. Industry observers are closely watching whether FTX's proposed procedures for these jurisdictions will be approved and whether it sets a precedent for other embattled crypto firms, according to Coin World.There's also been a wave of social media and pop culture references to Bankman-Fried. Jane Street, the trading powerhouse where he launched his career, is receiving fresh attention on Instagram. Plus, a buzzy new musical was teased this week featuring both Diddy and Bankman-Fried as characters – a surreal testament to their cultural impact, if not exactly a flattering one. Meanwhile, whispers about his political donations, over 40 million dollars in the 2022 cycle, resurfaced in Senate testimony this week, highlighting his long-term influence on U.S. politics. Despite being behind bars, Sam Bankman-Fried's story continues to unfold in real time, with each new headline reinforcing his place in the ongoing drama of crypto, celebrity, and the American justice system.Get the best deals https://amzn.to/3ODvOta
Ponder the thought that Hailey Welsch, Bobbi Althoff, Jake Paul, Sam Bankman, and countless others are actually engaged in high level fleecing operations; taking money from the public via artificial popularity and special connections to the mafia, government, or religious cults. After all, all of these people are Jewish. The former is done with crypto-scams, boxing scams, and podcast scams. Furthermore, with the announcement Jussie Smollett is having charges dropped for his staged hate crime we are reminded of the countless cases of Jews stabbing themselves, lighting their own synagogues on fire, vandalizing their own dorms and cars, etc., and claiming victimhood. The list is exhaustive and involves three recent stories from Canada, the U.S., and Amsterdam, which all include these details. What does it all mean? The issue is not about the Jewish question, but about the validity of any viral story, video, picture, meme, etc. However, the Talmud does instruct Jews in the art of swindling gentiles, killing them, charging them interest, and mocking them and their God. So what can be trusted or taken seriously? Is the world really a stage and we the unwitting audience being robbed? *The is the FREE archive, which includes advertisements. If you want an ad-free experience, you can subscribe below underneath the show description.-FREE ARCHIVE (w. ads)SUBSCRIPTION ARCHIVEX / TWITTER FACEBOOKMAIN WEBSITECashApp: $rdgable EMAIL: rdgable@yahoo.com / TSTRadio@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-secret-teachings--5328407/support.
Zizians, technofeudalism, Rationalist movement, COINTELPRO, Philadelphia/Wilmington suburbs, seasteading, Vassarites, PayPal mafia, Bay Area, Medieval era, Mendicants, Effective Altruism (EA), Sam Bankman-Fried (SBF), FTX, cryptocurrency, cybernetics, science fiction, techno-utopianism, the American obsession with technology/science, Extropianism, Accelerationism, AI, Roko's Basilisk, DOGE, cypherpunks, assassination politics, behavior modification, cults, ketamine, Leverage Research, ARTICHOKE/MK-ULTRA, the brain as a computer, Programmed to Kill, modern proliferation of cults, Order of Nine Angles (O9A), Maniac Murder Cult (MKY), digital Gladio, networking, decentralized finance (DeFi), digital commonsPurchase Weird Tales :Amazon: https://www.amazon.com/Weird-Tales-Zizians-Crypto-Demiurges/dp/B0F48538C6?ref_=ast_author_dpEbook (KDP/PDF): https://thefarmpodcast.store/Music by: Keith Allen Dennishttps://keithallendennis.bandcamp.com/Additional Music: J Money Get bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.
Skye Hawthorne and I React to Sam Bankman-Fried on Tucker Carlson, Tucker on Piers Morgan and Andrew Tate on PBD plus more
Listen to Sam Bankman-Fried being interviewed FROM JAIL telling us what it's like being locked up with Diddy! Crazy stuff! Also, we look at a fantastic article by Maddie Bannon that dives into SBF's psyche and demonstrates how he justified pulling off one of the craziest financial crimes of all time, because he thought it was for the greater good. Maddie's Full Article: https://tlavagabond.substack.com/p/protected-shakedowns-and-shibboleths Follow Maddie on X: https://x.com/llspacejellyll GET THE FULL LIST OF SOURCES AND BECOME A PREMIUM MEMBER ON SUBSTACK: https://rebunked.substack.com Get my New Album “Universal Basic Awesome” with unreleased track and MERCH at https://RebunkedRecords.com ALL THE MUSIC VIDEOS: https://youtube.com/@RebunkedRecords INSTAGRAM: https://www.instagram.com/rebunkednew TWITTER: https://twitter.com/rebunkednews TELEGRAM: https://t.me/Rebunkednews Start your Heavy Metal Detox: https://TruthTRS.com Tip Jar: https://GiveSendGo.com/Rebunked Rebunked on Substack: https://Rebunked.substack.com Rebunked News is happy to shout out: Supercharge your health with the amazing supplements at Chemical Free Body! https://chemicalfreebody.com/?rfsn=7505813.fa2d09 VALUE-FOR-VALUE DONATION: https://Rebunked.news VENMO: https://account.venmo.com/u/rebunked CASHAPP: https://cash.app/$rebunked PAYPAL: https://Paypal.me/Rebunked T-SHIRTS: https://Rebunked.news/Shirts
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0:00 White House blasts Biden after jobs report releases; Trump delays tariffs on Mexico, Canada 8:23 Newsom breaks with Dems on Trans athletes during Charlie Kirk interview, blasts identity politics 18:03 Trump Admin stripping visas of college student protesters; Hamas sympathizers face deportation 26:32 Democrat org slams own party over 'far-left influence,' demands new way forward 35:36 DOGE slashes IRS: Will this backfire on taxpayers and govt in future? 46:25 Sam Bankman-Fried dishes on prison life with Diddy, tells Tucker Carlson Dems abandoned him 55:29 D.C. removing Black Lives Matter Plaza after pressure from President Trump 1:03:48 Trump's Kennedy Center: No more Whoopi Goldberg, 'Hamilton' Learn more about your ad choices. Visit megaphone.fm/adchoices
Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life. (00:00) What Has Prison Been Like? (02:28) Was SBF Ever on Adderall? (04:42) SBF Meeting Diddy in Prison (07:00) How Prison Has Changed SBF's Perspective (16:24) The Future of Crypto Under Donald Trump (22:57) Does SBF Have Any Money Left? Paid partnerships with: iTrust Capital: Get $100 funding bonus at https://www.iTrustCapital.com/Tucker PureTalk: Switch your cell phone service to a company you can be PROUD to do business with at https://PureTalk.com/Tucker Learn more about your ad choices. Visit megaphone.fm/adchoices
The Tucker Carlson Show: Read the notes at at podcastnotes.org. Don't forget to subscribe for free to our newsletter, the top 10 ideas of the week, every Monday --------- Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life. (00:00) What Has Prison Been Like? (02:28) Was SBF Ever on Adderall? (04:42) SBF Meeting Diddy in Prison (07:00) How Prison Has Changed SBF's Perspective (16:24) The Future of Crypto Under Donald Trump (22:57) Does SBF Have Any Money Left? Paid partnerships with: iTrust Capital: Get $100 funding bonus at https://www.iTrustCapital.com/Tucker PureTalk: Switch your cell phone service to a company you can be PROUD to do business with at https://PureTalk.com/Tucker Learn more about your ad choices. Visit megaphone.fm/adchoices
Back in the 80's you had the surfer bros out in California and of course the Wall St. bros on the east coast. Time evolves and we had to endure the popped-collar Jersey Shore bros, and most recently we may have run into the most annoying version of them, the crypto bros. And this show is about none other than the king of the crypto bros, Sam Bankman-Fried. SBF (as the bros call him) made a massive splash as he took his company, FTX, to the top of the crypto world in very short order. There were celebrity endorsements, cutting-edge software and lots and lots of money to be made. Until it all came crashing down and the ponzi scheme SBF had been running was brought to light and he now gets share a cell block with Diddy and Luigi. What got Sam into the crypto space to start with? Did his upbringing lead him down the path he went down? Is he going to trim those curly locks in prison? We'll dive into this and a whole lot more in the Sam Bankman-Fried episode of AHC Podcast. Intro Music Credits: FAYZED - Nat's Tea Trap Beat, Instrumental, Hip-Hop&Rap [No Copyright Sound] [ FREE USE MUSIC ] - FAYZED - Nat's Tea https://www.youtube.com/watch?v=VqjgHvub_ps&list=PLxtj0Fzm7DkhQlXlBXVot_xbqjdcn8N_k&index=166 https://creativecommons.org/licenses/by/3.0/ Citations: BBC. (2023, October 9). FTX's Sam Bankman-Fried believed in ‘effective altruism'—what is it? https://www.bbc.com/worklife/article/20231009-ftxs-sam-bankman-fried-believed-in-effective-altruism-what-is-it CNBC. (2024, March 27). How FTX's Sam Bankman-Fried went from crypto king to convicted conman. https://www.cnbc.com/2024/03/27/how-ftxs-sam-bankman-fried-went-from-crypto-king-to-convicted-conman-.html Investopedia. (n.d.). What went wrong with FTX? https://www.investopedia.com/what-went-wrong-with-ftx-6828447 Kauflin, J. (2022, November 19). How did Sam Bankman-Fried's Alameda Research lose so much money? Forbes. https://www.forbes.com/sites/jeffkauflin/2022/11/19/how-did-sam-bankman-frieds-alameda-research-lose-so-much-money/ Wikipedia contributors. (n.d.). Sam Bankman-Fried. Wikipedia. Retrieved [Month Day, Year], from https://en.wikipedia.org/wiki/Sam_Bankman-Fried
This is a free preview of a paid episode. To hear more, visit www.public.newsHi Friends,Please enjoy my talk from the recent Alliance for Responsible Citizenship conference in London!MichaelI love AI. I use chat GPT every day, and I encourage my students to do the same. I'm particularly excited about AI's potential to help doctors diagnose diseases before we could otherwise. At the same time, I have to wonder: Is the cause of our problems a lack of intelligence? Will more AI help to solve them? Well, before we look at some of those big problems, I want to tell the story of Sam Bankman-Fried. Sam Bankman-Fried is serving a 25-year sentence for extraordinary, groundbreaking fraud. Towards the end, he tried to pin it on his ex-girlfriend. Does anybody doubt that Sam Bankman Freed was intelligent? My mother's father would say he was probably too smart for his own good. What about the German censorship police, who were just profiled a couple of days ago on 60 Minutes? Is the problem a lack of intelligence? I think we can imagine we've already seen the use of AI for mass censorship over the last several years. Now, the Germans are invading people's homes to look for Disfavored memes and speech that would be legal in all other parts of the world. Does the malady that afflicts the Germans have anything to do with intelligence? (My favorite part of this photo, by the way, is the apparent shame on their faces.)
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In today's episode: Sam Bankman-Fried's parents want their son to receive a presidential pardon.The Czech National Bank is rowing back on plans to build a Bitcoin reserve.A prominent hedge fund warns that the White House is inflating a crypto bubble that's fit to burst.A man who falsely claimed he was a "Bitcoin billionaire" is facing 140 years in prison.And pump.fun is slapped with yet another lawsuit.Give our show a follow wherever you get your podcasts and follow us on X: @ConnorSephton and @CryptoTodayPod.
The FTX founder was a "martian" to the sports world. Why did he spend so much on arena naming rights and superstar endorsements? And how the hell did SBF become friends with TB12? Authors Michael Lewis (Going Infinite) and Zeke Faux (Number Go Up) witnessed the rise and fall of a crypto king. Now we can do the postmortem: “Moneyball, on steroids, gone wrong.”This episode originally aired November 21, 2023. Hosted on Acast. See acast.com/privacy for more information.
The FTX founder was a "martian" to the sports world. Why did he spend so much on arena naming rights and superstar endorsements? And how the hell did SBF become friends with TB12? Authors Michael Lewis (Going Infinite) and Zeke Faux (Number Go Up) witnessed the rise and fall of a crypto king. Now we can do the postmortem: “Moneyball, on steroids, gone wrong.” This episode originally aired November 21, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Justice Insiders: Giving Outsiders an Insider Perspective on Government
Host Gregg N. Sofer welcomes Husch Blackwell partner Catherine Hanaway to the podcast to discuss the recent sentencing of Nishad Singh, a former key lieutenant of Sam Bankman-Fried, the cryptocurrency mogul responsible for one of the largest frauds in American business history. Bankman-Fried was recently sentenced to 25 years in prison, but Nishad Singh received no prison time due to his cooperation with government investigators in developing their case against Bankman-Fried. Gregg and Catherine use the Singh case as a jumping-off point to explore some of the most difficult and consequential issues in white collar defense: how and when to self-disclose potentially illegal conduct to the government and how and when to cooperate with government prosecutors.Gregg N. Sofer BiographyFull BiographyGregg counsels businesses and individuals in connection with a range of criminal, civil and regulatory matters, including government investigations, internal investigations, litigation, export control, sanctions, and regulatory compliance. Prior to entering private practice, Gregg served as the United States Attorney for the Western District of Texas—one of the largest and busiest United States Attorney's Offices in the country—where he supervised more than 300 employees handling a diverse caseload, including matters involving complex white-collar crime, government contract fraud, national security, cyber-crimes, public corruption, money laundering, export violations, trade secrets, tax, large-scale drug and human trafficking, immigration, child exploitation and violent crime.Catherine Hanaway BiographyFull BiographyCatherine is a St. Louis-based partner with Husch Blackwell's White Collar, Internal Investigations & Compliance team and a former chair of the firm. She has successfully handled high-profile, bet-the-company, complex matters in federal court and before regulatory agencies and represents leading global and closely-held companies—as well as their officers and owners—in civil and criminal investigations and in business litigation.Before leading Husch Blackwell as its first female chair, Catherine served as the chief federal law enforcement officer for the Eastern District of Missouri and as the only woman Speaker of the Missouri House of Representatives. As U.S. Attorney, she supervised more than 4,000 criminal, affirmative, and defensive civil cases and personally tried cases to jury verdicts. She also supervised and assisted in the development of cutting-edge theories of criminal prosecution.© 2024 Husch Blackwell LLP. All rights reserved. This information is intended only to provide general information in summary form on legal and business topics of the day. The contents hereof do not constitute legal advice and should not be relied on as such. Specific legal advice should be sought in particular matters.
Michael Lewis, a New York Times bestselling author and the host of the podcast Against the Rules, joins Scott to discuss the state of sports betting, the challenges young men face, and the controversy surrounding his book, Going Infinite, which explores the rise and fall of Sam Bankman-Fried. Scott opens with his thoughts on the Omnicom-Interpublic merger. Algebra of happiness: say yes. Subscribe to No Mercy / No Malice Buy "The Algebra of Wealth," out now. Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices
Host Christine Lee breaks down the news in the crypto industry from CoinDesk's investigation on North Korean IT workers in crypto to Diddy hiring Sam Bankman-Fried's appeal lawyer."CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as a CoinDesk investigation reveals that crypto firms are unknowingly hiring IT workers from North Korea. Plus, Sean “Diddy” Combs has hired the lawyer who handles Sam Bankman-Fried's appeal and Bitwise registered a trust entity in the state of Delaware, taking a first step at an XRP ETF.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
MMA star Israel Adesanya joins the show and they open by talking about how Adam won $10k betting on one of his fights, his path back to the UFC middleweight title, fighting Dricus Du Plessis, and optimizing his training diet. Then, they talk about the size of UFC purses, a man challenging him to a street fight in New Zealand, why Izzy would be a good race car driver, and how he chose a career in fighting over one in dancing. Next, comedian Rob Schneider returns to the show to talk about his new book, “You Can Do It! Speak Your Mind, America”, what it was like to produce a movie during the pandemic, and people with “Trump Derangement Syndrome.” Then, Jason “Mayhem” Miller reads the news including stories about NYC Mayor Eric Adams announcing that he will not resign, P. Diddy being held in the same dorm-style jail cell as crypto-fraudster Sam Bankman-Fried, police in Long Beach reporting four stabbings during a 9-hour period over the weekend, and an 18-year old filing a lawsuit to stop the sale of Shohei Ohtani's 50/50 ball after he claims it was stolen from him during the scrum. For more with Israel Adesanya: ● NEW FILM: Stylebender - available now for streaming on AppleTV, YouTube & Amazon. ● INSTAGRAM: @stylebender ● TWITTER/X: @stylebender For more with Rob Schneider: ● BOOK: You Can Do It! Speak Your Mind, America - available everywhere now. ● INSTAGRAM: @iamrobschneider ● TWITTER/X: @robschneider Thank you for supporting our sponsors: ● BotanicTonics.com, use code ADAM ● http://OReillyAuto.com/Adam
Host Christine Lee breaks down the news in the crypto industry from Major Eric Adams' indictment to Immunefi's report on crypto hacks in Q3."CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as the indictment of New York Major Eric Adams stirs up speculations of whether he could join Sam Bankman-Fried and Sean "Diddy" Combs in the Brooklyn detention center. Plus, Immunefi releases a report on crypto hacks in the third quarter and PayPal will let business clients buy, hold and sell crypto.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Episode 1553 is brought to you by: Chubbies: Checkout at https://chubbiesshorts.com and use code (Hardfactor20) to get 20% off your order. Lucy: Go to www.lucy.co/hardfactor and use promo code (HARDFACTOR) to get 20% off your first order. Lucy offers FREE SHIPPING and has a 30-day refund policy if you change your mind. Factor Meals: Head to www.factormeals.com/hardfactor50 and use code hardfactor50 to get 50% off your first box plus 20% off your next month. Prize Picks: Download the PrizePicks app today and use code HARDFACTOR and get $50 instantly when you play $5! My Morning Kick: Go to roundhouseprovisions.com/HARDFACTOR for up to 44% off your regular-priced order. That is if you want to experience smoother digestion, a boost of energy, and just an overall healthier body like Chuck Norris (00:00:50) Story teasers (00:01:40) Pat had a good time at that Commanders win in Cincy (00:05:46) Diddy updates: who's on the list, what's up with JLo, and his new roommate Sam Bankman-Fried (00:17:00) Caroline Ellison SBF's gf gets two years in prison and must forfeit 11 billion dollars (00:20:40) Brett Favre has Parkinson's (00:24:30) The second Trump assassin's son was busted for underage porn (00:26:25) X removes their trend rankings and Cards Against Humanity sues Elon (00:28:10) F-22 Raptors shot down maybe UFOs over Canada last year? (00:36:25) Ex-NYC Covid czar fired for hosting and attending drug-fueled sex parties For more Hard Factor go to patreon.com/hardfactor Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Jennifer Sanasie breaks down the news in the crypto industry from the SEC's scrutiny against Binance to Sam Bankman-Fried appealing his fraud conviction."CoinDesk Daily" host Benjamin Schiller breaks down the biggest headlines in the crypto industry today, as the U.S. SEC filed a proposed amended complaint against crypto exchange Binance. Plus, FTX founder Sam Bankman-Fried has appealed his fraud conviction and DeltaPrime saw over $6 million worth of various tokens drained from its wallets due to a private key leak.-This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In March, when Sam Bankman-Fried, the disgraced founder of FTX, was sentenced to 25 years behind bars for defrauding investors and stealing $8 billion in customer deposits, many saw it as just punishment for a two-faced poser who had spouted a lot of rot about altruism just to mask the rank odor of his relentless greed. Michael Lewis, the famed author of Moneyball and The Big Short, was not one of those people. Through his eyes, Sam looked like an awkward but well-meaning kid whose desire to help the world, coupled with his gargantuan appetite for risk, was ultimately his undoing. And Michael is in a unique position to judge Sam. He spent the months leading up to and immediately following Sam's downfall hovering over his shoulder, watching him operate, learning how he thought. Michael wrote a book about it, Going Infinite, published last fall, right as the crypto wunderkind-turned-pariah began his trial. Now that it's out in paperback and the dust has settled, we invited Michael onto the show to talk about why he was drawn to Sam in the first place, what he thinks of the critics who say he was too easy on the kid, and how we should reconcile our primal desire for simple narratives with the complexity of real life.
In today's episode, Andy & DJ are joined in the studio by psychologist and professor Chris Frueh. They discuss the Baltimore Key Bridge collapsing after being hit by a ship, the Venezuelan TikToker who told people to invade US homes grimacing in his mugshot after being nabbed by ICE, and Sam Bankman-Fried being sentenced to 25 years in prison for orchestrating FTX fraud.