U.S. prosecutors unseal indictment against former FTX CEO Sam Bankman-Fried | full video

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Prosecutors for the U.S. Attorney's Office for the Southern District of New York announced the indictment of former FTX CEO Sam Bankman-Fried at a Tuesday news conference. Bankman-Fried was charged with eight counts of fraud, money laundering and other financial crimes, according to an unsealed indictment.

#news #livenews #ftx

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that prosecutor dude is licking his chops

raN
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When are y’all gonna indict trump on fraud too?

Noneofyourbizniz
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Maybe we can subcontract Iran to do the punishment on this one.

damonkatos
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Ppl need to be smarter about where they invest their money

ckim
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Absolute power corrupts absolutely 🤷🏿‍♂️

Simple.Wordless
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He said this came with great speed

a month later

roysmith
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So the politicians who got contributions are expected to give it back...will they be forced to do so? That money has already been spent. What a mess! Also, everything SBF has bought or paid for- real estate, rent, drugs, travel- must have been paid for with stolen money....will they all pay it back?

lopezb
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When crypto currency first came out I knew not to invest in it and I didn't.
A lot of my friends have lost lots of money investing in this scam.
A scam is what it is plain and simple.
Who invests real dollars for something that's not tangible?

rankat
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Just because you went to MIT, doesn’t mean you’re smart.

eltonlu
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It's a good thing he didn't just rip off small time investors he'd probably gotten away with it listening to this nonsense.
They only care about venture capitalists and special partnerships just listen.

roysmith
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100+ years...dear god please make an example of this man! PLEASE

CamMoralesFinance
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DOJ isn’t real justice unless this man is convicted for life!!!

ebyrnes
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it was funny watching Maxine waters speak about this yesterday & she was given millions from him a couple months ago

B
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All those that took the money should be charged with theft by recieving

keitholinger
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Funny they issued the indictment hours before he was due to testify in front of congress. Effectively shutting down the opportunity to question him publicly. There is an increasing call for the DOJ to answer why they did that.

amahana
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I was just watching George Stephanopoulos interview Sam Bankman. I see why he was so nervous during the interview. I’m glad I never understood or had enough disposable money to go nuts with all this get rich crypto investments craze.

yvonnewilliams
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"Fraud is fraud"....wonder if Trump is listening?

lopezb
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Watch once the extradited planes ends up disappearing

КГБКолДжорджКостанца
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You got to find a way to give back one and take two!

troyingram
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Hang on, wasn't Gazza Gensler there every other week looking into the workings of FTX, shouldn't Gazza be charged with contempt and inside dealing.How did he not smell a rat through all the meetings he had.

paulfitton