Sen. Lummis slams FTX chiefs as 'well-educated, sophisticated fraudsters'



Sen. Cynthia Lummis, R-Wym., discusses Congress getting involved in the rail union debacle, FTX founder Sam Bankman-Fried’s remarks at the NY Times Dealbook Summit and the ‘Responsible Financial Innovation Act.’

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42 comments

  1. Take 2% off of their raise and give them four days of sick pay a year and for every quarter they show up on time and ready to work they get another one. That way they can earn four more.

  2. They aren't victims. They are gamblers who lost.

  3. Not as good as our banks, the ultimate sophisticated fraudsters. Good thing banks don't believe in transparency like Crypto does, keeps them running and free from criminal charges.

  4. Never believe anything a politician says they're only out for themselves

  5. Dems only defense is incompetence. Hes just using a page from the Hillary Obama Biden pelosi fed playbook.

  6. uhh uhh uh uh uh uhhh uhhh
    thats how you know when theyre 100% lieing.. repeatedly saying uh uh uhhh uhh uhh

  7. How many times is this woman going to say “sophisticated”?

  8. But he has Bozo the clown hair and wares flip flops,,,,,,

  9. Is now the time to invest in cryptocurrency? I am aware that everyone claims that stocks are currently at a discount, but how long will it take for us to recover? Obviously, there are ways to maneuver in the current market, but these ways are not accessible to the average person. Would it be wiser for me to invest my money in other areas instead?

  10. Is he not in jail cos he donated 40 million to democrats?? Lol 😆. No Maria, there’s a thing called the criminal justice system . White collar crime doesn’t get prosecuted overnight, especially when it’s international involving other jurisdictions

  11. Where did he stash the missing billions? In an account in the Camin Islands. He stole the money and the thieven Democrats are covering for him.

  12. Biden has no right getting involved and make demands on private bussiness.

  13. I don't know why they don't have PTO (paid time off) which accumulates every month.

  14. State and Federal government are getting a Christmas gift in the form of more tax money for the increase in pay of 24%.

  15. Dem involvement in this needs to be investigated and people need to be jailed.

  16. You DO NOT want a regulated Digital Asset. It's a prelude to removing cash. Also will be able to lock you out of society if you don't behave.

  17. DNC highly involved and should be held accountable

  18. Democrats are USA NAZIS
    With Sleepy Dolf Biden

  19. Remember onecoin anyone?

  20. That senator has the scariest smile

  21. It doesn't matter how much you regulate crypto"currencies", they are all going to a sticky end. Anyone, including SBF, can create their own crypto"currency" type, deflating the other ones eventually to ZERO. Since when did it become legal for private individuals to mint their own new currency types and become rich? For all intents and purposes, that is counterfeiting and it should be treated as such. Cryptocurrencies should be treated as counterfeit and seized by all world governments.

  22. And the democrats need to give all that money back! Today

  23. Why is that guy not in prison!

  24. This is all planned!! Say no to the deals from gov. Congress needs to stay out of it

  25. So selfish……hurt them don’t hurt us!!!!!! It’s amazing how quickly the government can work against the people when it needs too. Disgraceful!!!!

  26. A fool and his money. I cant imagine why anyone would give that grifter such a precious gift. I hope it was at least a tax write off

  27. He is 30 years old and These people treat him as a BABY….Let give a 30yearoldbaby other People Money n see how much we can make From This 30yearoldbaby!!!

    We see how it wroke Ack like a Baby you get all you need!!

  28. I think I heard the senator tap dancing…

  29. When bread costs a bar of gold… What goes around.

  30. Them rail road workers just don't show up to work. Duhhh

  31. I SAY LETS SEE THE STRIKE !! YEAH!! SHUT IT ALL DOWN, LETS GIVE THE 81 MILLION VOTERS WHAT THEY ASK FOR, THIS IS WHAT JOE BIDEN THE SHOWER MAN WITH HIS NAKED DAUGHTER, HEY JOE! DID YOU PUT IT IN HER MOUTH, JOE MADE HIS DAUGHTER GIVE HEAD, WHAT A MAN!! WAY TO GO JOE, YOU LITTLE GIRL SNIFFER,

  32. no body is going to listen to this brod lummis shes just a mouth

  33. The Land of the Free is NOT for sale.

  34. This POS will never have to deal with the consequences of her vote against American labor.

  35. How did he memorize anyone. Look at him. Who would put money with these people? Weird.

  36. Max waters was their accountant

  37. There should be ABSOLUTELY NO SYMPATHY for those who lost their money> ie crypto currency.
    They are Greedy.
    They used Emotions to invest rather than Logic.
    Remember what Musk said. Fried is a Bum.
    Where were all FTXs financial books? Fk em.
    All investments state to do your own RISK ASSESSMENT.

  38. Why this fraud creature NOT in prison??????