FTX founder Sam Bankman-Fried pleaded not guilty to a series of fraud charges that allege he stole billions of dollars of customer money through his now-bankrupt crypto company. Jake Thacker, who says he had about $70 thousand worth of investments in FTX before the company’s collapse, joins News NOW to share his reaction to Bankman-Fried’s not guilty plea.
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#SBF #SamBankmanFried #FTX
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how can one call this an investment…its nothing but man made numbers on the internet..
gambling in a casino makes more sense…
The press has been told by the people in charge of Biden to love SBF. They want him to be free in 5 years or less.
Contrast this with Bernie Madoff.
Madoff made a huge mistake by not playing ball with Washington.
Epstein and SBF greased the geopolitical wheels and will live luxurious lives until they die. Yes, Epstein’s death was fake and he’s living in the Caribbean.
crypto has always been a scam
He won’t be found guilty. Public will never find out who all of the investors were or wherethe money is now. That’s the way it works.
There are only so many fools out there, and when there are none left to buy your Crypto currency, then you'll know the true value of your investment, 0! Because it literally has no value except what you can Trick the next guy into Paying you
This low Beta male is a well connected Liberal Democrat, so he has nothing too worry about. Joe Biden Forciblydigitally penetrates a young campaign worker ? No problem. Bill Clinton ? No problem! The Kennedy's? No problem! Eric swallwell duped buy a Chinese prostitute Spy? No problem! If you're a liberal Democrat, Not only do you not have to worry about going to prison, you can count on the Democrat machine to rehabilitate your image
Id say let the cefi space burn or get regulated. Defi is the real use for crypto and if you're not using a self custodied digital wallet and interacting directly with the blockchain using publicly viewable programmed code that provides the same exact services, then you aren't doing it right! These human run "companies" are doing what you can do using their own digital wallets but holding your money 🤭. Not your keys not your coins, most commonly heard phrase but is the most CRITICAL component of decentralized finance. You can literally see the trend over last year all the crypto "companies" in the news, they arent defi protocols, just human run middlemen organizations 🤭
Cryptocurrency is just Astrology for men.
Put him and his girlfriend in prison for the rest of their lives.
i hope sbf walks free, that will teach idiots not to invest with dumbasses
He was released on $0 bail 🤔 Just a promise!!
Crypto is a scam a pyramid scam
All crypto "currencies" are scams, including Bitcoin. Don't get into it.
I feel terrible for all the investors! They BETTER lock this dirt-bag, Fried up for AT LEAST 50 years – NO EARLY RELEASE!!!
All creeptos will crash within 6 months
Where is the tin box?
I see alot of folks out there calling Crypto itself a scam. It's important to understand that the possibility of FTX being a scam is not indicative of the entire cryptocurrency industry. Just as the potential for Paypal to be a scam does not mean that all traditional financial systems are fraudulent
Held accountable? You gambled; you lost.
he has the ability to give everyone's invested money to the democrats and then file bankruptcy to cover it up.
Lol this guy lost 70k and NBC thinks people care at all regarding his thoughts
I find it hard to sympathize with these victims. They were promised 30-40% returns on their investments and simply got greedy. You don't ever get something for nothing.
He’s Fried!
Lol, that’s what you get when you trust in someone that looks like they couldn’t buy a comb. Greedy people get scammed and more is not enough. This was non government regulated deal (that was the hook). So you have no protection at all and your money is gone. FACE IT. YOU GOT F!?KED by this generations Bernie Madoff 😂
Well they have see SBF held accountable, because if he gets off scot-free,free it can be used to invalidates crypto as an asset class.
just buy gold coins
Pump it, dump it
Wonder if Bankman-Fried had an associate named Rob S. Baked.
If you were too dumb to recognize a Ponzy/pyramid scheme which most financial markets are. Reminds me of that 1972 "Dare to be Great" scam in Long Beach.
He is going to get off scott free or minimal time. He set up the backend as well as he setup the front end. They will be writing books on this scam for generations.
The future is crypto holographic money as quantum computers take over banking procedures.
Sad for anyone who fell for the crypto scam