A Very Damning Balcony Conversation - Nishad Singh Testifies Day 9 SBF on Trial

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  • Опубліковано 8 вер 2024
  • Overpriced JPEGs - Courthouse Edition!
    I was in court all day at SBF's trial and heard former FTX + Alameda exec, Nishad Singh, talk about the time SBF wanted to lie to the CFTC... and also describe the moment he found out Alameda was using FTX customer money to fund their lavish spending.
    #sambankmanfried #sambankmanfriednews #sbf #crypto #cryptocurrency #carolineellison #nishadsingh
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КОМЕНТАРІ • 184

  • @Vilaun.
    @Vilaun. 10 місяців тому +49

    I think you said it perfectly.. he was willing to take all the praise but the moment everything goes to hell … he absolutely takes no responsibility and blames everybody else. He’s such a sociopathic coward.

    • @roc7880
      @roc7880 10 місяців тому +2

      this is how kids are educated these days, take credit for success, blame others for failures.

    • @GuyThompsonFWTX
      @GuyThompsonFWTX 10 місяців тому +1

      It’s truly a page out of the democratic political leadership playbook.

  • @gordons-alive4940
    @gordons-alive4940 10 місяців тому +14

    My favorite time of day recently. When I can sit down and watch the SBF trial updates.

  • @jaimebarr8426
    @jaimebarr8426 10 місяців тому +44

    Sam is like that kid that gets into the elevator and pushes all the buttons. His toxic narcissism is infuriating but boy is this an entertaining trial! Thank you Carly for providing clarity and insight to this bottomless quagmire of wealth and power run amok!

    • @carpediem4512
      @carpediem4512 10 місяців тому

      I feel bad for SBF. He convinced goofballs who think they are smart, into investing billions with him. Now he’s being crucified for interacting with greedy so called investors who believe in a scam called crypto. Free SBF, and give him a medal for spanking airheads.

  • @josephhuman7390
    @josephhuman7390 10 місяців тому +18

    Awesome Awesome content, I am relatively new too this channel (two weeks) the reporting is ten times better than the major news cooperations , This young lady has got it COVERED!

  • @timmi59
    @timmi59 10 місяців тому +14

    When closing arguments happen I hope the prosecutor says exactly what you’ve said here, how SBF enjoyed being the center of attention when things were good and flush but was only too happy to throw others under that bus when the situation turned south. Thanks for doing the work.

  • @tonyalways7174
    @tonyalways7174 10 місяців тому +4

    In simple terms they were just a bunch of thieves.

  • @IsabelLim
    @IsabelLim 10 місяців тому +16

    thank you for your very concise coverage of the trial!

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +3

      Thank YOU for watching it!

  • @JJbIrd0608
    @JJbIrd0608 10 місяців тому +12

    You make it make sense to a non crypto, just a trial junkie person like me. 😊 Thank you.

  • @jonathancohen2351
    @jonathancohen2351 10 місяців тому +7

    Wow, that testimony added years to SBF's sentence.

  • @user-cg5re5zh9i
    @user-cg5re5zh9i 10 місяців тому +11

    This is really good - I enjoyed every single episode of your courtroom editions. Thanks for producing these amazing content and please keep it up!

  • @breabeyrouti7834
    @breabeyrouti7834 10 місяців тому +6

    Oh I have been waiting ALL DAY to hear this video!!!!!!

    • @TheCPRshow
      @TheCPRshow  10 місяців тому

      Thank you so much for watching!!! Appreciate the support :)

  • @forsdykemontague1017
    @forsdykemontague1017 10 місяців тому +5

    Nishad Singh was therefore aware there was a $10 billion hole in the balance sheet but still accepted a “loan” of $500 million, they are all guilty.

  • @Marisol1711
    @Marisol1711 10 місяців тому +6

    Omg nah, SBF is just a piece of crap. Thank you so much for the recaps again Carly! You are the one with the best coverage rn!

  • @3mt696
    @3mt696 10 місяців тому +6

    I don’t know who you are as I just came across this video but you are really good at this. You comprehend well. Speak in an organized manner and have the ability to articulate with precision. You are either talented or crypto UA-camrs have set the bar really low. I’ve been in crypto since Q311 and never knew of SBF until his arrest (never cared to go to ftx bc crypto isn’t about not having your keys) Anyway, I learned a lot from this video. I also like the channel name. Keep up the good work.

  • @jons2048
    @jons2048 10 місяців тому +13

    Damn, this is your best yet. Thank you for adding context to the convos and testimony, as I think many of us would totally miss the nuance behind all this shit. On a separate note, SBF is totally fucked. The testimony is just too overwhelming. Also, I think you make a great point about SBF's cavalier attitude, and how he was the single link across all of his employees where many of them did not have all the dots to connect to the larger picture. But SBF did, and his whole apology tour was complete bullshit.

  • @somesteak6100
    @somesteak6100 10 місяців тому +7

    Ayyeeeee!! Been waiting for this episode all day 😆

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +1

      Yayayay! Thanks for following along!

  • @DigitalAssetNews
    @DigitalAssetNews 10 місяців тому +2

    Thanks for covering this. I can’t keep up with all the happenings going on.

  • @mjaunich
    @mjaunich 10 місяців тому +4

    Can’t wait for tomorrow’s update!

  • @edwardwong654
    @edwardwong654 10 місяців тому +2

    SBF should go with the intentional guilty where the defence team stands up and sits down 4 times, while saying, "The defence rests, your honour."

  • @cryptobrewster9551
    @cryptobrewster9551 10 місяців тому +4

    Great coverage and insights. I'm becoming addicted to your SBF content. Also, you are one of the few journalists that pronounces "Alameda" like Bay Area locals.

  • @TheZandrag
    @TheZandrag 10 місяців тому +3

    I can't' believe you only have 7.57k subscribers. That'll change quickly. Keep up the epic work!

  • @bettyboop-xg6jo
    @bettyboop-xg6jo 10 місяців тому +3

    "Bullshit-Sam-Math". Love it. Should be registered. 😂😂❤

  • @Philosophe422
    @Philosophe422 10 місяців тому +5

    play at .75 speed

  • @plexoduss
    @plexoduss 10 місяців тому +1

    I love your coverage and enthusiasm! I had to play it at 0.75 speed, but that's my fault, being foreign and all. Thanks!

  • @SirGiggles
    @SirGiggles 10 місяців тому +1

    Phenomenal summary. Easily my favorite coverage of this trial so far. Great work!

  • @yocobicus
    @yocobicus 10 місяців тому +7

    Lets goooooooo. I have been waiting for more coverage. I really wish more people knew what FTX and Sam did.

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +1

      Yes! Getting the word out…

  • @unclvinny
    @unclvinny 10 місяців тому +1

    Your memory for all this testimony is amazing! Thanks for the great reporting.

  • @Skindog1105
    @Skindog1105 10 місяців тому +4

    Great video and well said. Thank you

  • @suzjo8372
    @suzjo8372 10 місяців тому +4

    I just binged all your content! Congrats girl you are gonna blow up even more.

  • @jsteeles
    @jsteeles 10 місяців тому +2

    Great work great journalism thanks for bringing us this

  • @ruperterskin2117
    @ruperterskin2117 10 місяців тому +1

    Right on. Thanks for sharing.

  • @nwcaiea5374
    @nwcaiea5374 10 місяців тому +3

    I really like your enthusiasm!

  • @teamrocfan
    @teamrocfan 10 місяців тому +1

    Thank you!

  • @marketwizard1977
    @marketwizard1977 10 місяців тому +2

    the best updates on the trial by far....thanks

  • @1312Mork2
    @1312Mork2 10 місяців тому +1

    Man what would I do without your and Tiffanys coverage on this🎉🎉🎉🎉 thanks alot❤

  • @rosstesser8470
    @rosstesser8470 10 місяців тому

    You are really doing a great job. I look forward to your podcast every day. Even though I don’t even know the name of it and how to find it. My friend sent me a link and that’s how I find it. I have no idea what to look up on my own to find it. Bottom line your Fantastic. Thanks for all the entertainment

  • @TrggrWarning
    @TrggrWarning 10 місяців тому +3

    Now that I know you are on your way to becoming a video pro lemme tell you a few things you may not realize.
    1. Whatever setting you are using to record or render out as causes a black border around the frame, its unique but wasted space and suspect not intended. Most edit programs say for youtube with a few options or look it up.
    2. Camera should be tilted down some and maybe zoomed in a little, ultimately you want around a hand width from top of head to top of frame.
    3 Your lower right logo/watermark is too small to read, if you do that because it gets blurry save it as a .png file & use that.
    Otherwise great vids, keep it up!

  • @MrCurcio99
    @MrCurcio99 10 місяців тому +3

    Great coverage, love your enthusiasm 😊

  • @babelouis6150
    @babelouis6150 10 місяців тому

    your coverage is fantastic! i could listen to hours and hours of every detail. Please don’t hold back - would love to hear any tidbit you want yo mention/discuss/analyze!

  • @northerngirl4666
    @northerngirl4666 10 місяців тому

    Thanks for this clear report of trial proceedings. I know nothing of investing - bank lady does it all for me - but find this topic is fascinating. I watch another group but they are talking to an audience of people well-versed in the lingo of digital currency and go off on all kinds of tangents where I get lost. Your reporting is clear, concise and explains FTX wrong doings in a way my little brain can absorb and in a way where I learn something. Thanks again.

  • @brunosmith6925
    @brunosmith6925 10 місяців тому +1

    Lovely how 100% imaginary money will result in 100% real jail-time!

  • @areichental
    @areichental 10 місяців тому +1

    Got my popcorn for this, let's go!

  • @myp0h
    @myp0h 10 місяців тому +1

    You have the best coverage of the sbf ftx trial. Well done! Good on ya 👍🏾

  • @MikeJones-hk7ts
    @MikeJones-hk7ts 10 місяців тому

    You are so good at this! Keep doing your thing!

  • @carolbythesea
    @carolbythesea 10 місяців тому

    Very good summary. Thank you.

  • @midneis
    @midneis 10 місяців тому +2

    Lol at him trying to press on Sam's conscience with this "oh, it's all three of us's fault", expecting Sam to tell him "nah, it's just me." So familiar to me personally, and just like in this case, the person who got you in a shitty situation in the first place will not be the one to admit it, and will be like "yup, WE focked up". Surprising he didn't follow that up with "yup, and it sucks how YOU guys focked up".

  • @richardjohnson3903
    @richardjohnson3903 10 місяців тому

    Very good report . Bravo! Sam dishonorable? But his mum was a professor of Ethics!

  • @joshclark1810
    @joshclark1810 10 місяців тому

    thank you carly - great video

  • @myfrogger
    @myfrogger 10 місяців тому +1

    You’re the best reporter. I’m so glad I found your channel. Please consider adding time stamps 🙏

  • @babelouis6150
    @babelouis6150 10 місяців тому

    fantastic coverage!

  • @Gr33kG33k
    @Gr33kG33k 10 місяців тому

    great work again. your channel is by far my favorite source for SBF trial play by play info

  • @leighcouper4594
    @leighcouper4594 10 місяців тому

    Listening to this is so much fun. You are by far the best trial info channel round. Tick.

  • @davidbuchan2909
    @davidbuchan2909 10 місяців тому

    More amazing descriptions about what was going on. Cheers

  • @samgellman2725
    @samgellman2725 10 місяців тому +1

    Carly you are crushing these.

  • @robchesnutt
    @robchesnutt 10 місяців тому +7

    “We all probably know someone who lost money on FTX” … of course I know him. He’s me. 🤣😭

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +3

      Lolol im sorry for your loss 😂

  • @DrewskiOne
    @DrewskiOne 10 місяців тому

    The daily updates have been great. Love your perspective on this trail!

  • @bonfire8075
    @bonfire8075 10 місяців тому +1

    None of them knows how to run a business. The key witnesses are as guilty as SBF. Unbelievable!

  • @Johnbartheart
    @Johnbartheart 10 місяців тому +1

    The 5 of them should all be eligible for Social Security benefits by the time they are released from prison..

  • @holodeckdragon8876
    @holodeckdragon8876 10 місяців тому +1

    best coverage and u clip rt along.

  • @teachingrounds
    @teachingrounds 10 місяців тому +1

    Great content

  • @HansLasser
    @HansLasser 10 місяців тому

    Effective selfishness, effective cowardice! Wow, this guy is a champ!

  • @alr9967
    @alr9967 10 місяців тому +4

    I’m the first view! Luv your channel

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +4

      Ahh thank you so much!! Thanks for being first :)

  • @NUCLEAR154
    @NUCLEAR154 10 місяців тому

    How many politicians, judges,bankers really have been bribed😅😅😅😅😅

  • @midneis
    @midneis 10 місяців тому +1

    Love your presentation style!

  • @Kawiboy
    @Kawiboy 10 місяців тому +1

    Really enjoyed ya 👏✌️😉

  • @schmuelbuckman
    @schmuelbuckman 10 місяців тому

    She’s fantastic. Just happened upon this channel. Really good info

  • @leechen7235
    @leechen7235 10 місяців тому +3

    Nishad, how about got a $543M loan from FTX ?

    • @TheCPRshow
      @TheCPRshow  10 місяців тому +1

      Yes! There was too much to talk about today and they didn’t talk about it that all that much in court today. I covered the loan info a lot in my episode on Gary’s testimony. Presumably the mechanics were pretty similar for Nishad. He testified that most of the money never even hit his bank account, it went straight to investments FTX wanted to make and he doesn’t even know exactly how that was facilitated

  • @ericerven5456
    @ericerven5456 10 місяців тому

    Great report !!

  • @KN0852
    @KN0852 10 місяців тому +3

    How can I get more profitable investment in the market? Is this pump shorts getting wrecked and liquidated, or any indication of whale, corporate treasury buys?

    • @dagame614
      @dagame614 10 місяців тому

      Mrs Nancy Williams is the real deal when it come to trading, I'm a living Testimony.

    • @KN0852
      @KN0852 10 місяців тому

      Where can I contact Mrs Nancy Williams please?

    • @KN0852
      @KN0852 10 місяців тому

      Thanks for sharing her contact information. Texting up right away!

    • @user-fe9nv9lw9f
      @user-fe9nv9lw9f 10 місяців тому

      What a coincidence!! Mrs Nancy Williams did help me too, trading has been going smoothly for me as I've been able to raise over almost 2 BTC when I started at 5k in my first deposit last year

    • @Jamiewhite663
      @Jamiewhite663 10 місяців тому

      Coincidentally I met Mrs Nancy Williams Laplace in a conference in Dallas TX. She enlightened us more on the market and her strategies were really mind blowing!. I always recommend her for crypto investments.

  • @2smoulder
    @2smoulder 10 місяців тому

    Honourable and Sam should never be seen in the same sentence. I like your shocked style Carly.

  • @Bird1502
    @Bird1502 10 місяців тому

    Love your coverage thanks

  • @JeremiahRamirez
    @JeremiahRamirez 10 місяців тому +3

    what's up with the bad quality? Other than that, thank you for the updates. Great videos!

  • @Liljoeygm
    @Liljoeygm 10 місяців тому +1

    How did SBF dodge the meeting when they all lived together 😂

  • @user-tk5fi1my5i
    @user-tk5fi1my5i 10 місяців тому +2

    I hope sam bankman-fraud serves some serious time. He acts like everything is everyone else's fault and he didn't know about any of it. Its obvious he knew about it all, because he was the one doing it. He thinks he's so smart, and everyone else is dumb. He seems like a sociopath.

  • @gregtomamichel973
    @gregtomamichel973 10 місяців тому

    Sounds like record keeping for celebrity endorsements was better than for the rest of FTX / Alameda.

  • @beck4218
    @beck4218 10 місяців тому

    The "Kimchi arb" was watercooler discussion at Jane St and was a non starter due to regulatory. Alameda made very little from it (

  • @roquemocan
    @roquemocan 10 місяців тому

    About "Cutting expenses"... There is no amount of cutting that would recover BILLIONS missing

  • @tw106
    @tw106 10 місяців тому +1

    I wonder when the TV series will be coming out? or a David Fincher directed movie would be incredible (a la The Social Network).

  • @UuU1001.
    @UuU1001. 10 місяців тому

    16:03 is that an 8-bit portrait of SBF? awesome

  • @user-fr4rn2lc9k
    @user-fr4rn2lc9k 10 місяців тому

    this is gonna be a sick movie when released lol

  • @drummersagainstitk
    @drummersagainstitk 10 місяців тому

    Every Single Time.

  • @Sandy-to1vg
    @Sandy-to1vg 10 місяців тому

    Will you please slow down some? Thx.

  • @RangaAce
    @RangaAce 10 місяців тому

    Like the cut of your jib, subbed

  • @headlessfool7050
    @headlessfool7050 10 місяців тому

    A leader behaving as you described Mr. Bankman-Fried did - taking all the Glory, shifting all the blame - may not be pathetic, but rather calculating . It is not uncommon for that personality to set up others for taking the blame ( like he did Mrs. Ellison and Mr. Singh [in regards to the political donations]) .

  • @peacetooja
    @peacetooja 10 місяців тому

    Damnedest truth 💯

  • @1312Mork2
    @1312Mork2 10 місяців тому

    Its easy to have a sick billion dollar marketing budget if someone else is paying apparently smh

  • @davebarbetta
    @davebarbetta 10 місяців тому

    This might be the quickest white collar verdict in history. I wouldn’t be surprised if it takes only 1-2 hours.

  • @user-tk5fi1my5i
    @user-tk5fi1my5i 10 місяців тому +1

    How long do you think he'll end up serving, 5 years, 10 years, 20 years?

    • @richard8242
      @richard8242 10 місяців тому +1

      North of 20 years. If Sam testifies and lies on the stand and is convicted, he will be brushing up against 3o years.

    • @Johnbartheart
      @Johnbartheart 10 місяців тому

      Hopefully.

  • @diggee172
    @diggee172 10 місяців тому

    When people mess up and are as dishonest as Sam, I have to wonder about the parents. This family is very book smart but they are absent of morals it seems to me.

  • @JONNYBOBARN
    @JONNYBOBARN 10 місяців тому

    Hi, i enjoy listening to this stuff, have done the whole story for years. I wish they would just get to sentencing them all. I hope no one gets away with it, be very disappointed. And the parents to follow. Whatever happened to the lawyer guy who did the poker scam before? I dont think i ever here him mentioned.....

  • @Johnny_Utah
    @Johnny_Utah 10 місяців тому

    29:40 The prisons are big enough to fit all of them. What was Caroline getting paid $6M for if she can’t stand up to big bad Sam?

  • @bitcoinbeavis7742
    @bitcoinbeavis7742 10 місяців тому

    Well at least he wasn’t wasting the stolen customers money on frivolous purchases.

  • @thomasmoncrief26
    @thomasmoncrief26 10 місяців тому

    This some juicy content.

  • @davidelghammer6449
    @davidelghammer6449 10 місяців тому

    SBF and MBS what a pair. And my understanding is that this goofy gee wiz I'm a math genius is not going to go over well in prison. Good. 😮

  • @joytrucker5709
    @joytrucker5709 10 місяців тому

    You can be my Caroline Ellison, and I'll be your Sam Bankman-Fried.

  • @dwaynejones1555
    @dwaynejones1555 10 місяців тому +2

    Seems Sam is not a victim, but a coward!

  • @ericerven5456
    @ericerven5456 10 місяців тому

    The $1,000,000,000 “revenue” I assume was before the FTX overhead so did they really “make” a billion dollars??

  • @DrinkerOfWindex
    @DrinkerOfWindex 10 місяців тому

    The most shocking thing in this video is that OpenSea is still a thing.

  • @dankertnils
    @dankertnils 10 місяців тому

    99% of all captains have either an insurance or leave the sinking ship before the rats leave.

  • @bigbarry8343
    @bigbarry8343 10 місяців тому

    i am not sure, his testimony is very different from that of caroline, less substantiated. sounds like he is covering up his behind. will see in the cross.