How Sam Bankman-Fried fooled the media, Silicon Valley and the world
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- Опубліковано 8 жов 2023
- Finance whiz Sam Bankman-Fried was supposed to be the future of finance. Why did his crypto empire come crashing down and how did his alleged crimes fly under the radar for so long? To explain, CNN's Jon Sarlin spoke with investigative finance reporter Zeke Faux. #CNN #News #crypto #ftx #sbf
![Should We Admire Sam Bankman-Fried and FTX? - Michael Lewis [Part II] | Intelligence Squared](/img/n.gif)
Fooling the media isnt really a challenge, and silicon valley greed doesnt objectively see grifts
Yup, hard to see past greed
Fooling the media is super easy, you just have to show a high level of TDS. For instance, look how CNN wanted to push Avenatti for president in 2020.
And now investigate Citadel and Ken C. Griffin
He didn't fool the media. His fellow tribesmen all control the media and helped him get away with it
IT IS A LONG HISTORY
He won’t be the last for media and Silicon Valley to fall. The more psychopath, the more they like them.
Mainstream media always fall for these people.
Yea these hooked nose people just keeping fooling everyone don't they?🤔
TRUTH TRUE - THEY DO FALL
💯💯💯
No they don't. They know full well what was going on. They haven't been media for years. They are propogandists.
Epstein, Russia Russia Russia, Hunters laptop, Bidens quid pro quo, WMDS in Iraq, Ukraine is winning, Multitude of Trump stories, Hands up, Covid/masks/lockdowns, mostly peaceful protests, Jan 6 "insurrection" Covington kids, Jessie Smollet... and on and on and on.
Let’s be Honest
Smart People didn’t Lose a Penny in these Crypto Scams. 😂
No One Smart invested in Crypto.
I avoided crypto like the plague
Crypto = GAMBLING and scam
@@mikafiltenborg7572 All investments are technically gambling. If you knew you would gain 100% profit from X company, then everyone would be doing that.
Don t tell let the fools be fooled it cleans the gene pool
A-FUCKIN-MEN!!
I could see thru this guy from the get go cant believe ppl actually fell for that nice guy act.
Sad, huh? And they fell for it, AGAIN!!! I think anyone who lost money on this one deserved to lose it. You can only be warned so many times before it's your responsibility.
Ditto...
Fooled? No…. You all tried to cover up what he did along with Silicon Valley. You all helped make this happen
For real. Propaganda at its finest
Lock him up!!!!
Imagine if Sam has a kid with Elizabeth holmes.
I love the Effective Altruism angle. This is something you interest yourself in when you have made more money than you will ever spend. Until you get to that point you’re just another bullshit artist.
Weren't you one of the networks talking him up like a year ago and running cover for the money trail?
Thats a conspiracy bro! Lolol
Media seem to love people who give the appearance of being likeable, open and accessible. You only have to look at the number of comments about DT.
They just seem to forget the old adage 'If something is too good to be true, then it probably is'.
All you have to do is call yourself an LGBTQ ally or climate activist and you can do whatever you want in this country.
@@nobody4933 Is that what your right wing media of choice brainwashed you into thinking? Run along to church, why don't ya!
Or…
The smartest president ever who reads Two Corinthians daily.
@nobody4933 don't disagree. Media should treat statements with skepticism regardless of political point of view. But that is not to say that a law-abiding section of the population should be treated as second class just due to religious or political belief.
Remember when cnn praised him??? 🤣🤣🤣
Trump's on trial as well, and has paid MILLIONS for past frauds since the 80s - See how Republicans STILL praise him?
Ringing endorsement AGAINST celebrity endorsements!!!
The big mystery about the 8.9 billion dollars of customer's money which has gone missing could be answered by Sam Trabucco (co-CEO of Alameda) and Brett Harrison (FTX USA President), who left their posts in August and September 2022, respectively. So where are these people and why is the media silent about them?
Yeah, when will Trubucco come to port on his Alameda invested yacht?
put him in jail for life
Read the title kids .... again and again. This world is run by liars!
That's capitalism for you.
‘It’s like, they’re like, I’m like.’ Please stop celebrating the ignorant.
Never trust a goofball with a bad haircut. Also, the parents are to blame for raising such a duplicitous, self-absorbed person. What is incredible is that both were on the faculty at Stanford Law. When you have achieved that, you most likely will be able to spot even arcane legal issues, and are also held to a higher standard of ethics. A study in naked venality, connoting this era.
The parents got a lot of money through his schemes...the father was even officially tax advicer of the company
They should be in jail along with their scumbag son
He didn’t fool them. They wanted to believe.
He didn't fool them - he stole their money and needs punished bigly for it!
Yes, jail time!
So where's the next *movie or docu* series about this dude?
Soon after court verdict .
It looks very bad for Sam Bankman-Fried
To all the trolls and whiners talking about this guy giving to the Democrats. He made campaign contributions to BOTH PARTIES.
His single biggest contribution, right before he declared bankruptcy, was to Senate Republicans.
Democrats loved this guy! CNN has videos spinning him as a nice guy. Guess they can't protect him anymore? 😅 CNN are liars
Cccccccooooooooopppppppeeeeeee
"He personally gave at least $40 million to politicians and political action committees ahead of the 2022 midterm elections, mostly to Democrats and liberal-leaning groups, making him the second overall top donor to Democrats, only behind George Soros, according to the Center for Responsive Politics."
Time Magazine
Cope harder
Careful, the MAGAts are allergic to the truth 😂
Forbes puts every scammer on the cover.
How was anyone surprised by this?
They gave their money to someone who looks less professional than my trash man.
Tom Brady is into a bunch of shady stuff I guess
It's easy when you have Gary Gensler's help.
And the Joe Bidet administration.
Ok fried bankman should have been a giveaway
Cmon fooling the media when money, power and greed are a stake is not a stretch 😅😅😅😅😅
Hey, come on, he showered twice a month. Keeping it green.
I want to put my money with the slovenly Mr. Pube-head because the news legitimized him.
Id like to see the list of politicians he bought
Just imagine who this man laundered money for. We know. A body double will serve his time. These agreement happen at the beginning.
I didn't know Curry was known to be a Hollywood star😂
madoff, holmes, enron, worldcom, waste management, sunbeam, tyco, etc
Billionaire dude still had his Corolla hybrid? No need to flex your billions but you can sell the car
Wow
I was just getting warmed up...
Millions of ordinary citizens w/no financial background could have told you he was a creepy poser/fraud before billions were lost. It used to be called 'horse sense'. Maybe you could, you know, look into that.
🤣😅😂
Heard him on the Sam Harris podcast before all his legal trouble and he seemed pretty legit. Shows how easy it is to put on a disguise.
And of course that's the problem. .. "Sounding pretty legit", should not get someone access to many thousands, of Millions of dollars.
Sociopath
@@oneseeker2 Facts. They're usually rhe absolute best Salespersons. I've worked woth several over the years: IT, Real Estate, Cars, Banking...
Kind of seems like it was a whole class war scam. Hold the people who advertised for him too.
The whole concept of money does not work if private individuals are able to simply create their own currency. For traditionally currencies this is called "counterfeiting", and is illegal in every country in the world. The main innovation of cryptocurrency is that it did an end run around anti-counterfeiting laws, and allowed people like Sam Bankman Fried to legally create their own cryptocurrency types, and indeed SBF created his own cryptocoins and sold them to willing buyers. These patsis have all the investment acumen of people who "invest" in chain letters, instead of doing the obvious by starting their own.
this guy gave lots of money to Dems
CNN/lefties loved this guy. What happened?!?
He bankrolled the left and bribed the right. Politics...😂
@@HD-er2cqhe gave heavily to Mitch McConnell and the Senate Republicans.
@@eatmorenachosMitch McConnell is a Rino.
You should ask Maxine Watters what she thinks
Ask Mitch McConnell and the Senate Republicans, they received a huge donation from him, right before he declared bankruptcy.
Its annoying to listen to SBF and fooled almost everyone. ALMOST.
I looked at him and by his DNA I knew he wasn't shit.
Sounds like he started out legit, and went off when crypto "crashed"
I don't think he was ever on the level. His "hedge fund" was using the exchange he created. That's a huge conflict of interest. Then of course, he stole people's money.
Will the DNC give the money back?
Where is NY Procecuter laticia james?
It's not to hard to FOOL CNN
Is Democrats going to give back the money
Seems pretty easy to full them. Maybe not the smartest people
And we wonder how trump did it for so long.
Give it a break bro. This is about the mini madoff.
He has a huge poorly educated base
@@ecurewitzTDS 🥱🥱😑
@@droughttolerant9334 Still on topic with fraudsters though (Trump that is). Since the 80s Trump has paid millions in fines for his fraud and is currently indicted multiple times and facing more charges for fraud... Somehow though, Republicans are having a circle jerk over someone who donated to democrats on trial for fraud.
Just like trump, jeffrey epstein and other sociopaths.
Changed the rules in his favor. Sounds like he is a narcissistic person.
Seems to me Trump did something similar to much of the American people a few years back but over a slower, longer period of time and --in fact his is still going . Insome circles.
Really? Give me examples then! Trump funded his own campaign and those who liked him afterwards also gave financially.
Get you head out of your a......
Cope w falling for this by pointing finger at trump? I’m seeing a pattern here……………
@@Thinkforyourself6969 that pattern was there when Nancy and Democrats pursued Trump from day one of his Presidency.
@@daBEAGLE1017 you mean the official election defense fund scam. That one?
No matter the topic. No matter the situation. People with tds will bring up trump.
He looks like a swindler to me.
Sam "Bankman" sociopath......ppl were stupid enough to believe the bs though...
He had media and government help.
Money talks.
...To his own image that is.
Its really his parents that were running the scam, he is just hunter.
Gj cnn you are only almost a year late
The FTX exchange was very profitable. The fraud was how client funds were used.
Profitable as evidenced by what exactly? As a company FTX had very little bookeeping and no accounting standards according to the receiver.
@@timkdiamond Good question. The business model was to take a tiny fee of every transaction. Tiny. But it added up hugely. This is the mystery - why did they commit fraud when they already had money machine?
@@artmaltman Because the base business model wasn’t that profitable at all.
@@timkdiamond How do they know if it's profitable at all when they don't have any bookeeping in the first place
@@ravanpee1325 My point exactly. 👍
Soooo you decide to talk about the middle guy that helped launder money now of all times? Lolol
This is just crypto currency for you folks. People willingly traded good money for a bunch of hot air, for brownie points. This man never even pretended it was anything different. I am laughing my head off. Now after it fell apart all of a sudden HE is the criminal rather then all those losers just greedy idiots? I hope he gets off easy.
Why does:SBF look like(he's alwqys)smirking?!Looks like a scam,sounds like1too;)*Dammit*!!!!
Fox News wasn’t fooled
Never fooled me, easy to see how stupid crypto currency is a fake rip-off scheme 😂
Rfk jr
So glad I had no interest in Crypto still don't, why should you if its only a computer based coin/online money. it's BS with out physical income that shops or businesses respect where you can spend it, why anyone outside of a big corporation would expect to gain from this I have no idea, I am not buying coke or hookers online so why would I want dark currency to fund that? too shady too strange to say a computer is mining a coin when it really isn't mining now is it. very suspect, if its too good to be true, then its not to be trusted.
Before the house of cards fell I really wish Sam got to make good on $5m deal with Trump if he didn't run in 2024.
Why?
Sam bankman is really a champion for trans kids
He and his family were strong Democrat party supporters, and he was a huge financial contributor to our party and those seeking state and federal office. He was a huge contributor, and therefore he was absolutely no interest to the media. If he would’ve been a Republican everything he did would be plastered all over the media. Thanks for asking.
Many Republicans and Republican pac took sammy's money.
A democrat bit*hing about a financial supporter....
He gave money to both parties. That's how the big money folks buy influence.
Shhhhhhhhh you're not allowed to mention that to Democrats... just let them keep sending billions to Ukraine and now another war 😅
@@droughttolerant9334. Yes, you are absolutely correct, but predominantly the lion share of money went to our democrat candidates running for state and national office. Thank you for mentioning that fact. I was remiss.
nobody cares about this anymore
He fooled you libs 😂😂😂
He didn’t fool me
Yeah, guaranteed he fooled you Spanky suckers too, you guys believe everything you are told. Otherwise you wouldn't be backing such idiots.
Nothing new here, CNN still sucks.
🌈🏳️🌈⚡️⚡️🏳️🌈⚡️🏳️🌈⚡️🌈🏳️🌈🏳️🌈⚡️🏳️🌈⚡️🏛🤣
You are unwell! Get off the internet and take your meds!
it was all a fake story anyway
Speak for yourself. You fell for fauci and biden too.