SBF Is Going to Jail For A Long Time

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Опубликовано:

26 сен 2024

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Комментарии : 6 тыс.

@LegalEagle Год назад

⚖ Did you invest in crypto? 🥗 Get delicious, healthy meals from Factor! legaleagle.link/factor

@ElianaKatrian Год назад

@@Gg-ij7li that wasn't the question.

@Waitwhat469 Год назад

SBF is yet another fraudster in the fiat movement.

@seba2__722 Год назад

@mf-- Год назад

Lol. No. Scammers gonna scam.

@TheCinder24 Год назад

Nope. I don't have that kind of money to throw away...

@גידיגדעון Год назад

Shit actually went from “okay who’s gonna prosecute this guy?” to “This guy actually committed so much crime we’re gonna need more hands on deck”

@cksupreme Год назад

"Phew, at least the beaurocratic red tape of legal jurisdiction will make it take months for them to figure out who's going to prosecute me. I've still got plenty of ti-" "Yeah so we're all going to prosecute you." "....WHAT!?"

@גידיגדעון Год назад

@@cksupreme That moment when you committed enough fraud for every prosecutor within a 5 mile radius to have something to sink their teeth into

@noatrope Год назад

@@גידיגדעון Legal aggro

@RegalRoyalWasTaken Год назад

@@גידיגדעון [YOU HAVE ALERTED THE HORDE]

@theloverlyladylo9158 Год назад

“We’re gonna need a bigger legal team”

@Ama-be Год назад

Watching Coffeezilla expose/explain a fraud then Legal Eagle explain the legal proceedings is one of my favourite pastimes

@danhobart4009 Год назад

Touch grass?

@MezephelesArt Год назад

@@danhobart4009 What's "grass"?

@TheModdedwarfare3 Год назад

@@MezephelesArt No such thing. Don't worry about it.

@blokin5039 Год назад

Give me the recognition I deserve.

@LuisSierra42 Год назад

This has been definitely one of the best arcs this year, after the Amber v Johnny arc

@daviddavies3637 Год назад

Imagine giving your money to a company whose CEO's name is just a couple of typos away from "banking fraud."

@SorowFame Год назад

That’s five very specific typos

@ChristianNeihart Год назад

It probably doesn't make for a good business card.

@TheShadowcreator Год назад

Better than "Made-off"

@_QWERTY__ Год назад

@@TheShadowcreator I've laughed at that name coincidence for YEARS

@GraysonJStedmanjr Год назад

SBF - Serious Banking Fraud

@PilotSolaris Год назад

The fact that a judge wound up revoking SBF's bail and putting him back in jail for witness tampering is *really* damning for his case, if all those witness testimonies aren't damning enough.

@nicolegeorge3704 Год назад

🙋🏻‍♀️I came looking for this comment, I Just heard about this! Absolutely crazy! Is he in Rikers Island in NYC?

@artsyscrub3226 9 месяцев назад

the jury really won't like hearing that for sure And with a case like this you absolutely NEED the jury on your side

@ZergrushEddie Год назад

This entire saga has really made me understand why so many companies and people just go radio silent after a scandal. This dude really, really did himself zero favors by speaking so often and publicly after the fecal matter struck the atmospheric circulation device

@randomtology Год назад

Yep, exactly. There's a reason the miranda rights have a line stating "Anything you say can and will be used against you in a court of law". Every time the dude gave an interview, he just gave the case being built against him much more fodder.

@davidbrown4540 Год назад

And those interviews -- especially the ones with Coffeezilla I think -- are what prompted Ellison and Wang to sing like Mariah and to do it QUICKLY. He was obviously going to start blaming them and others, so an escape route had to be built and fast.

@Sordatos Год назад

Is the first thing that competent lawyers they you to do

@opertinicy Год назад

Money makes many folks blind to reality. His interview with Stephanopoulos was incriminating AF.

@cheehee808_ Год назад

Ofc he’s talked his way out of everything up til this point, he thought he was smarter than the feds. If you’re guilty, don’t talk at all. Pretty basic criminal tenet. I genuinely don’t believe he understood the gravity of what he was being accused of. Good for the feds, bad for his legal team lol

@SYLperc Год назад

are lawyers allowed to laugh in disbelief at just how guilty their client is? i could never be a defense lawyer...

@Reth_Hard Год назад

12:41 Lawyer: "Your honor... Do you really think my client has enough gray matter to be responsible for such an elaborate fraud?" Judge: "Holy shit. Thank you, I'm gonna take that into consideration!"

@Andreamom001 Год назад

They could just think he’s an idiot who didn’t intentionally scam…

@Yora21 Год назад

Your duty is not to try getting them off. Only to ensure they are getting a fair trial and that all evidence towards their innocence is properly presented to judges and jurors.

@AchedSphinx Год назад

phoenix wright would find a way.

@BlueRadium Год назад

@@Andreamom001 that angle will be tough with his two most culpable confidants 100% spilling their guts. The scrappy idiot in over their head angle only works if there seems to be no clear answer, which his partners are providing extensive details and evidence of.

@limer324 Год назад

How many kinds of fraud do you want to be accused of committing? SBF: *Yes.*

@backalleycqc4790 Год назад

🤣🤣 That's about right...

@ulysses8785 Год назад

LOL!

@tonysolar284 Год назад

How many? I'll let your comment likes decide that.

@scorch4299 Год назад

And how many actual regulations are there for his company? none

@wildfire9280 Год назад

@@scorch4299 It’s like political corruption. Nothing can be done about it when it’s actually legal. (Other than consistently voting out corrupt politicians but… yeah that’s not happening either.)

@jacobcelmer4928 Год назад

The whole SBF/FTX situation has me excited for my white collared crimes class this winter. Thanks for the breakdown!

@noahj.1232 Год назад

Good luck on your studies! Don't smoke weed

@johndododoe1411 Год назад

So are you writing that you belong to a particular class of criminals?

@syncaudio2758 Год назад

He got released, 250 mil bail, house arrest.

@noahj.1232 Год назад

@Matt DK then you're lucky and probably still limiting your peak potential

@noahj.1232 Год назад

@Matt DK Maybe not. I'm assuming you're a daily smoker; generally, people who smoke weed habitually haven't had the best luck in life. You are lucky to have a substance dependence and still be doing that well in school - that's what I meant. If you're still achieving a high level of academic success, it is because you already had a high baseline of performance. Just imagine what you could accomplish if you were using 100% of your cognitive faculties

@ItWasSaucerShaped Год назад

I like how the potential jurisdictional tension was resolved. "Will this be an FTC case or a SEC case?" "Why not both?"

@InventorZahran Год назад

FTC + SEC = FTSECC: Federal Trade, Securities, and Exchange Commission Commission.

@the_ratmeister Год назад

Por que no las dos?

@ARCCommanderOrar Год назад

@Ben Rider Both? Both. Both is good.

@InventorZahran Год назад

@@ARCCommanderOrar Kitten is kitten, kitten is good.

@Indy_at_the_beach Год назад

"after the meeting, most of the staff resigned" I can only imagine the shock of those employees and the subsequent realization that their job prospects in tech and finance are now incinerated.

@kittyspam2146 Год назад

Its almost like that Trump lady saying "this made us all unemployable".

@kiriuxeosa8716 Год назад

@@kittyspam2146 which surprisingly is not true as criminals will always seek out other criminals in order to do more shady crap so I'm sure their resumes will be as accepted as every other corrupt individual in both government and business

@jahleajahlou8588 Год назад

Hope that is also the case with Tech former employees who decided to do the bidding of a agenda "rotten to the core". An agenda we taxpayers are funding day in and day out. Did any of those mutants get fired ? The Congressional representatives SACKED ? Our system is not handling the situation.

@doggo7514 Год назад

When lying on your resume turns form an option to a necessity

@GingeryGinger Год назад

@@jahleajahlou8588 what are you talking about?

@Lesverts Год назад

5-10 years from now this guy is gonna have a life story movie made about him that will grossly gloss over the damage he has done.

@vovap9257 Год назад

Or maybe Adam McKay will give SBF a proper stripdown and highlight all the terrible shit he did, in the style of The Big Short (even if that wasn't an entirely faithful representation of reality, it got the point across).

@Lack_of_response Год назад

he's probably already talking to multiple movie studios/streaming services to set up a deal.

@TheZackofSpades Год назад

I hope Son of Sam laws syphon out every cent of profit for SBF when this happens

@ekki1993 Год назад

So like The Wolf of Wall Street?

@773superprguy Год назад

Like the wolf of wall street I agree

@Skooskah Год назад

Every time he tweets, he makes it a little bit worse. Somewhere out there is a very tired lawyer considering trying to get their own client's twitter account banned Edit: Now that I think about it, this comment could apply to like 80% of Legal Eagle's videos

@blakksheep736 Год назад

"Everything you say can and will be used against you in the court of law."

@jupiterjones3789 Год назад

Do you mean Trump specifically or more people?

@artsyscrub3226 9 месяцев назад

@@jupiterjones3789 Trump definitely had lawyers crying with his tweets but hes not the only one with terrible tweets when in trouble theres a few people usually youtubers that get chatty when in trouble

@larrywest42 Год назад

I truly hope SBF's father, Joseph Bankman, makes his Stanford ethics class publicly available online when he teaches it again.

@meh4062 Год назад

I bet his introduction is ethics only matters if you get caught.

@carolyntalbot947 Год назад

That is wild! 😄

@user-fe8gx3ie5v Год назад

@@meh4062 That's how it is with everyone.

@greglane3978 Год назад

Stanford has no ethics so why do they have an ethics class?

@lv3609 Год назад

The ethical risk of having progeny?

@Nefville Год назад

I hope that the feds are looking into his parents. They were both heavily involved in FTX and its hard to imagine they had no idea what he was up to especially considering they are both compliance lawyers.

@elixwhitetail Год назад

They're not actually compliance lawyers, they're professors. This has been repeated all over the place, starting with I think FTX shill Kevin O'Leary, but it's not true. But even if it was, they're complicit with those gonzo expensive properties he bought them with stolen customer funds.

@allenfortenberry9924 Год назад

Not only that, his dad was cc'd on an email to Bahamian officials about giving people in the Bahamas preference for withdrawing funds

@amarketing8749 Год назад

Wow, they should have taught him better. Then again, maybe they did, and a decent chunk of that money is well hidden.

@aheimdahl5201 Год назад

@@amarketing8749 That's why they need to investigate the heck out the Parents. I believe some (if not a lot) of that Money is squirreled away somewhere.

@natewatts195 Год назад

They won’t investigate the parents…what rock are living under? There’s no law and order in this country anymore. The only reason this guy got caught is because how much he ducked up. That sounds mean…I’m sorry if I sound mean.

@majormoolah5056 Год назад

Reminds me of a classic prison conversation from Oz: "That is an amazing list of crimes." "What can I say? I really applied myself."

@bucksatanII Год назад

Ryan O'Reilly was a great character

@whatamievendoing Год назад

@@bucksatanII Ryan O'Reilly had one of the best arcs from the main cast... the show is very underrated but it also didn't age the best in some areas. No one today would believe there aren't cameras in a maximum security prison and they published in SD with the 4:3 letterbox format which didn't age that well

@blwarren Год назад

"... enough crimeing and torting to go around ..." I chuckled at that one. As lawyers, we always find a way to discover new verbs, but those were a couple of good ones hiding in plain sight.

@angrynoodletwentyfive6463 Год назад

the chatroom was actually called... wire fraud?! that would be like painting "getaway vehicle" on the side of your car before robbing a bank... or labling a safe "big metal room with all the stolen money in it" or naming your front business the "money laundering store"

@TheBiggreenpig Год назад

Maybe it will be part of his defense. He definitely informed his victims that this is a fraud. So, he didn't lie to them.

@giovannibrown2420 Год назад

@@TheBiggreenpig lol😊

@JosephKano Год назад

I want to own a laundrette and call it that now. I just, yeh, I know I know not a great idea but what a great name!

@autumn-vl5ez Год назад

To be fair... we aren't dealing with geniuses here.

@sipos0 Год назад

Err, ever heard of hiding in plain sight? I'm kidding.

@tamaj152 Год назад

It really builds confidence when a CEO refers to company funds as "a bunch of money." No accounting skills there, for sure.

@bec7080 Год назад

Look, he's a mature kid

@unknown6390 Год назад

SBF is going to be tortured in prison so that no other rich kids can scam and screw over people (rich people)

@EliF-ge5bu Год назад

And FTX has no accounting department. I wonder how the auditors did their audit of a company that has no accounting department.

@carlodave9 Год назад

He is who he is: a dopey tech dude who bought his hype. It’s the dumb a-holes who blindly trade in fantasy money who are to blame for this schitt show. Now all these anti-government libertarians are cramming into government courts for protection. It’s disgusting.

@Tonykid7 Год назад

he's playing dumb he knew exactly what was going on

@ericbrown2666 Год назад

My favorite part of this whole thing is how before the arrest he was just like “oopsie poopsie accidentally lost billion of other people’s dollars. My b”

@cateyu5547 Год назад

Lmao

@KayGee_yt Год назад

Imagine starting a multimillion dollar "business" and then having to live at home with mommy and daddy awaiting your jail time

@taviux511 Год назад

sadly he will never serve jail time. he will be pardon by the US gov. hope I'm wrong.

@brandondavidson4085 Год назад

That's just what it's like being a millenial

@scatterbrainart Год назад

And the fact that they called the prison to request vegan meals is so telling. These people coddled and enabled him his entire life.

@misterbobo8139 Год назад

Little hat scammers

@crispycrusader1 Год назад

Multi-Billion, with a big ass b for it's over 20 billion valuation before like 8 billion was moved and anywhere form like 2-4 billion is "lost" somewhere

@brenatevi Год назад

I have a phrase that applies here: "If you are going to do something wrong, you might as well do it right." SBF took that phrase, really ran with it.

@mr.wookiesack Год назад

If he vanished and lived large with billions on a private island I would agree with you. Instead he lost everything, caught charges for everyone, and his mom will probably lose her house.

@backalleycqc4790 Год назад

"If you are going to commit wire fraud, create an account called 'wire fraud'" 🤣🤣

@mrmcg2575 Год назад

My version of it is "If you are going to be stupid, you better be smart about it. "

@jamesrule1338 Год назад

Ran with it head first. Into a wall. With his shoe laces tied together. Because SBF is an idiot who can't even take a shit right.

@zimingzhao8395 Год назад

@@mr.wookiesack So? Don't co-sign idiots, especially their son.

@Colopty Год назад

Frankly at the part where they literally had a group chat named "wirefraud" I would've declared it lazy writing except it actually happened.

@LordHonkInc Год назад

I can't believe that somebody from the group chat "wirefraud" would get indicted for wire fraud, like what a gosh-dang coincidence 🙃

@gnarthdarkanen7464 Год назад

Thankfully I'm only involved in a group chat named "mass murder"... ;o)

@niteshade5783 Год назад

Classic Sam Bankfraud-Man

@blakksheep736 Год назад

I love that.

@flavafee Год назад

great video as usual! love the blend of education, humour and style :) humble suggestion: official subtitles on your videos? your witty phrasing often moves rather quickly, and it'd be great to support those with auditory comprehension difficulties (like myself). cheers either way!

@johndododoe1411 Год назад

Don't forget those of us watching in a noisy environment, such as during NYE fireworks.

@jsas2047 Год назад

His language can also be quite hard to understand for ppl whose native language isn't English lol

@SaraSG1 Год назад

@@jsas2047 I'm a native Engliah speaker with no hearing difficulties and sometimes he still speaks too fast for me lol

@finne0n Год назад

I agree... I personally turn down the speed to 75% and it helps :)

@witchywoman2008 Год назад

CFTC: You had a group chat named Wire Fraud. SBF: Yeah but it wasn’t for committing Wire Fraud. That was gonna be the name of our new rap group.

@johndododoe1411 Год назад

It was to discuss your allegation of wire fraud, not to plan or commit any such crime.

@drpibisback7680 Год назад

Honestly, Wire Fraud is not the worst imaginable name for a rap group.

@birdiemcchicken1471 Год назад

Cleary this guy's biggest mistake was scamming the wrong people. If he'd just exploited the poor and vulnerable like every other Big Business, he'd be considered a modern success story.

@ronblack7870 Год назад

yah the iphone should be free . you are really exploited by business selling all the fantastic stuff everyone wants. /s

@jefflittle8913 Год назад

@@ronblack7870 I am not sure how you got free iPhones out of this discussion.

@sorryclaire8920 Год назад

@@jefflittle8913 "Communism is when no iphone"

@shitmandood Год назад

@@ronblack7870I think she believes the world owes her a living. 52 ppl liked it.

@blissfulrain Год назад

@@ronblack7870 I mean OP might not be exploited by iPhone production but several people in the manufacturing process definitely are. Just off the top of my head the people mining the materials are definitely not being paid enough. I mean we live in a world where you can't eat M&Ms with guarantee that child slave labor wasn't involved in it's creation.

@shneeb8758 Год назад

Scam bankrupt fraud is still the best nickname

@whatthebeepvideos Год назад

I like bankrun fraud better.

@cerealport2726 Год назад

Soon to be Butt F***ed, though i doubt he will end up in jail.

@rooosterrr Год назад

theres a fried bank man, his name is sam bankman-fried

@travisdinham6084 Год назад

@es e LMAO

@stefanfrankel8157 Год назад

There are Frieds on my genealogical tree, and I always wondered where they got that pronunciation from.

@Fulltimedragon Год назад

I love the SBF asked for vegan meals to transition to the meal prep company add. Amazing.

@danielschein6845 Год назад

I think it's absolutely hilarious how the various agencies fight over who gets to sue/prosecute the really juicy miscreant. Then they realize he is so bad that there is plenty of cake for everyone.

@YouAreStillNotablaze Год назад

@Something Something Dark Side Everyone that doesn't agree with you is just a "snake", aren't they ;)

@taylorlibby7642 Год назад

I think It's absolutely apalling how it was allowed to continue until it got egregious enough to be sexy to those various agencies.

@YouAreStillNotablaze Год назад

@Something Something Dark Side Ah, this comment tells us everything we need to know, I think. Thanks.

@rdean150 Год назад

@Something-Something-Dark-Side What do you mean by "you snakes"? Does that mean Democrats? Are you saying it is sad when Democrats hold other Democrats accountable when they commit crimes??? NO THIS IS NOT SAD. IT IS CALLED JUSTICE. THIS IS HOW IT IS SUPPOSED TO WORK. The fact that Republicans cover for the crimes of other Republicans is exactly why our country is so fcked up! Supporting criminals just because they have a certain letter by their name is knowingly aiding and abetting those criminals and helping them commit more crimes. It is also despicable. But let me guess, you voted for Trump in both 2016 and 2020, you think Biden stole the election, you think Jan 6th was caused by Antifa, and you bought one of those $100 NFT trading cards, right?

@KO-vb4tg Год назад

@@taylorlibby7642 I don’t think they knew it was happening and waited until it got bad. In fairness to the regulators, this is such a stupid crime (scheme couldn’t run like this in the long term, would inevitably blow up a criminal prosecutions). So I don’t think the regulators were expecting this.

@D0pam1n Год назад

Funny all the things that can happen so quickly when you're caught stealing from the rich

@YouAreStillNotablaze Год назад

Facts, but even then, the guy that pulled out the bottom brick must have known what was up the whole time, but didn't do anything until SBF was going to mess with _his_ money (just through support for specific regulations)

@psychtank8681 Год назад

True.. But No one could really deny that gullible Joes lost their savings to this fraud with so many influencers shilling it through their "not financial advice".

@psychtank8681 Год назад

But yeah.. idt that smaller investors will recover their funds from the output of this case. Not after the bigger ones at least.

@maryricketts7337 Год назад

Tell that to the pensioners whose retirement is now gone. He was stealing from the poor and funneling to the rich politicians.

@teniente_snafu Год назад

@@maryricketts7337 This is why you would not want to gamble pension money on stock markets. And certainly not in an entirely unregulated market made by a bunch of douchebags and yahoos. Poor or rich, it was the wrong decision and you need to own it.

@cryptofacts4u Год назад

Thanks you CoffeeZilla for getting SBF to finally admit to fraud!! Merry Christmas 🎄

@motheroftwo7695 Год назад

I hope they use his interviews. SBF's lawyers will try everything to keep them out. I hope they can't.

@atticus._ Год назад

Love how he literally pinned down the focal point in misleading investors via terms of service and then grilled sbf on intermingling funds all before we knew there was even a investigation

@LAK_770 Год назад

CZ is the man, but that single informal/indirect admission is at most the tiniest drop in the bucket the authorities have against SBF. It was a slam dunk in terms of public opinion but it doesn’t really compare to mountains of documents and collaborator testimony.

@Nonexistent_creature Год назад

@@LAK_770 and admission is still an admission I take that as a win

@tonysolar284 Год назад

if its public they will use it

@TravellerBrianN 10 месяцев назад

10 months later, I can confirm - you were right sir!

@TheRogueWolf Год назад

It's hilarious how these types hype themselves up as being so much smarter than everyone else, but when you catch them out on their wrongdoings, they're all like "well, I didn't really know what was going on, I'm just a poor innocent babe caught up in things I didn't understand".

@elmolewis9123 Год назад

Agreed. Sounds similar to the words of an orange baboon.

@lyndsaybrown8471 Год назад

True true true

@javierpatag3609 Год назад

It’s narcissism. People like these think they’re better (smarter) than everyone else, then when they’re in trouble they say it’s not their fault one way or the other. It may seem strange for a narcissist to admit to not being smart enough to do it, but it still beats them admitting that they failed. (And if they get away with that defense, well there’s another ego boost for them.)

@kimthomas781 Год назад

🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯

@WanderTheNomad Год назад

Well, whatever's convenient amirite? ¯\_(ツ)_/¯

@RubentoBox Год назад

They had a secret chat called "Wirefraud" 😂 I actually burst out laughing at that part

@Max._Power Год назад

this man did literally everything in his power to go to jail, he admitted he committed crimes to anyone who would ask and fired every single lawyer who ever told him to keep his mouth shut and stop telling press about all the crimes he committed in every interview, it got to the point where even the journalists felt so bad they started prefacing questions with "you don't have to answer this" and he did anyway

@EnbyFranziskaNagel Год назад

When the journalists start reading you Miranda rights.

@godsonalvarado6656 Год назад

Bro thought he was him.

@briancrawford8751 9 месяцев назад

@@godsonalvarado6656 What?

@artsyscrub3226 9 месяцев назад

@@briancrawford8751 SBF thought he was "that guy" and thought he could simply talk his way out of charges You can tell how well that went.....

@alexalbuquerquerodriguesal108 7 месяцев назад

@@artsyscrub3226 "That guy" which have 8 in Charisma, 4 in Intelligence, 10 luck, and 23 points on speech, shame he thought he had speech 100 and would be able to talk down the entirety of the legal system. This is an overly complicated Fallout joke, please laugh.

@terungwaawarga Год назад

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a Fin-Advisor) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

@Spliffins Год назад

Scam

@PunkExMachina Год назад

That "classic pisces" took me out lmaoo 😂

@Bill_Garthright Год назад

I feel attacked. :)

@DocBree13 Год назад

@@Bill_Garthright me too! 😆

@pogodziej Год назад

Totally. So true. I love this Saggittarius. 😁

@keithboyer7531 Год назад

...heyyyyyyy... I'm a Pisces... only thing is I'm smart enough to not be a criminal cuz I'm too damn stupid to be a good one...

@travelingnome87 Год назад

It's Taurus behavior! Not pisces. 😜

@cathevans9859 Год назад

I pity the legal teams who have to explain the FTX mess in a way a jury can understand

@EverythingIsLit Год назад

Makes me really hope that prosecutors use LegalEagle and Coffeezilla vids as evidence, they're much easier to follow than the usual jargon

@AnIdiotAboard_ Год назад

It will be easy, you hold up a photo of Madeoff = FTX meme style. Job done

@annapreble Год назад

Maybe it's like the books from Trump staffers: another "I worked for this person and survived!" tale to sell.

@lashlarue7924 Год назад

Not complicated at all, really. SBF took his customers' money and gambled it into oblivion. It's really not complicated at all.

@eliaschevette Год назад

is actually quite simple. They really did not try to hide the scam with accounting. The most complicated thing they did was the code and that is obvious.

@zeekaywalker9232 Год назад

Fun Fact: Bankmann derives from the German and actually means a Banker (someone who works at a bank) and Fried is an old German name meaning Peace(keeper) & Security. A Fried was a man who would walk along the town and ensure that everything is and stays peaceful. The Peacekeeper used to do rounds at night with a lantern and would also every full hour yell out the time, so that people would know what time it currently is. It was basically a guy who should warn the people if the city would be either attacked by foreign invaders or if for example two or more citizens had gotten into an argument or if something else is going on that disturbs the peace, like Prostitution in the streets and so on or even organize people, in case a fire broke out at night, since back at the day there wasn't the firefighters a thing yet in German towns as they are today and so the people would line up with buckets and water and throw it into the flames and hand the used bucket back in line so that they could be refilled with water, while new buckets had been coming in at the same time to get the fire under control. Basically a sort of Police and Watchman/Nightguard (but for a whole town rather then just one area/building) at the same time. So that some of his ancestors must had had those jobs working in Germany, since last names in Germany had been given by the job one did, like Bankmann or a Bäcker (which is someone working in a bakery) or Schuler, which often remembers one on someone who is a Schüler, a German word for someone going to school but actually Schuler is different in meaning (as you can notice it had an u and not an ü) and an old German word for the person who teaches and today gets called in German Lehrer (Teacher).

@emmakane6848 Год назад

So basically his last name implies that he should’ve been the one to warn investors about people like SBF. (His ancestors must be rolling in their graves after all of this.)

@nobubele7422 Год назад

That's interesting. He turned out to be the opposite of what one would expect from such a family history.

@postmanwithsnow Год назад

It is also a Jewish name. Very popular from those times. Bankmann, Goldmann, etc..

@mpumelelokhumalo7107 Год назад

This is so long and I don't understand why it's on here

@Bookcity300 Год назад

Interesting. I love learning this kind of thing

@neilabernath5862 Год назад

Worked as a prosecutor in the 1970's and 80's. Handled hundreds of cases like this one. Obviously, cases I handled involved a lot less money. What happened is the company makes some bad investments, needs money, uses trust fund money thinking they can make the money back and no one will know. Entrepreneurs always think positively, they can correct the situation, given enough time. But, of course, what they're doing is illegal.

@myredenvelopes Год назад

Takeaway: If you are going to commit wire fraud, it is probably best NOT to start up an online chat room called "Wirefraud".

@darthparallax5207 Год назад

Did he actually do that?

@calvinwilson3617 Год назад

Archer said it first: "Lesson one, never leave a paper trail"

@forgottenfamily Год назад

I could imagine SBF being excluded from a wirefraud chat group if it's people panicking about how SBF is taking them all to jail

@ednafronkelbarger8601 Год назад

Good point.

@MonkeyChessify Год назад

Between FTX, Theranos, and others, it just blows my mind how easily VCs apparently drop millions of dollars on companies. It seems like if you have a good enough sales pitch, they will just ignore financial data (or lack thereof) and just blindly invest?? How is that possible?

@Khronogi Год назад

Gambling These aren't investors, these are gambling addicts.

@gaiusjuliuspleaser Год назад

If you take 20 startup companies and invest $1M in each, you can afford to lose 19 out of 20 investments if the 20th becomes a massively overvalued hype worth over a billion. That's how they reason. As another commenter posted, these people are mostly just gamblers.

@1djbecker Год назад

The big VCs aren't evaluating the technical merit or potential profitability of the pitch. They are evaluating how readily they can package that investment for a 10x gain. They need a big idea that moves the needle in the billion dollar funds, not business ideas that will work or even be very profitable on a modest scale.

@CheatOnlyDeath Год назад

The point is valid.

@ang5035 Год назад

Theranos targeted these family run VC or investing firms who lack ability to do sophisticated DD and relied on big names board members without any medical laboratory or pharmaceutical expertise. Those with the expertise didn’t invest in them so clearly it was not hard to tell it was on a shaky ground.

@magispitt Год назад

Hey @LegalEagle, would you be able to make a video about the leaked document from Wizards of the Coast regarding legal changes to the tabletop gaming industry?

@bouclechocolat Год назад

Not even 30 seconds in and SBF really said "i'm real happy for you and your little court dates but I have an interview tour to do"

@guillermocalle2184 Год назад

big words from a criminal bound to live in his mother's basement before these court dates. He, he does realize his existence is just writing memes on their own right now, right? His dismissive reaction to the court case and the interviews is giving plenty of things to work with as he's being sentenced at the end of this.

@roganmorrow Год назад

Congress is not a court

@lisamartens7428 Год назад

I choked on my drink when he was doing the "how does it feel to be the youngest billionaire" dance

@swans184 Год назад

Live nice for a minute to live like hell for the rest of your life?

@themanhimself3 Год назад

@@swans184 it's even worst because he made good money legally in the beginning. He could have lived a wonderful rich life but just kept commiting crimes.

@billjones8950 Год назад

@@themanhimself3 yep reminds me of full tilt poker.

@thestarseeker8196 Год назад

I feel like most people can feel a small comfort in knowing they’ve never F’ed up as bad as this dude

@silverblank1139 Год назад

that american psycho look

@lashlarue7924 Год назад

... due to their own intellectual hubris and epistemological arrogance.

@tamarinds Год назад

@es e yes he did f up

@NASA83268 Год назад

@@tamarinds Ditto. Always wanted that much money, now I'm richer.

@lashlarue7924 Год назад

@es e Nah bro he f'ed up big; he's going from riches to rags.

@cactuscooler4003 Год назад

I'd love to see a video on the Coffeezilla/Logan Paul issues and potential lawsuit. Particularly the issue of recording phone calls in one-party consent vs two-party consent states.

@jaanaberg6125 Год назад

Have you seen LegalBytes' video about just that topic? You should deffo watch it if you haven't cuz she goes into the phone thing as well

@blakksheep736 Год назад

So this aged well.

@ThisFinalHandle Год назад

Why am I looking up SBF and Caroline Ellison's birth month on a throw away Pisces joke?

@MrHellsing76 Год назад

Better yet, why is no one asking how Caroline decided to cosplay as Olive oyl or whatever her name was from that Popeye cartoon lol.

@Khronogi Год назад

@@MrHellsing76 holy shit lol

@Delightfully_Bitchy Год назад

There were quite a few inexplicable moments...

@zhou_sei Год назад

@@MrHellsing76 better yet, who tf are these people, and why should any of us care?

@blackadam6445 Год назад

This comment section was high IQ holy shit😂😂😂

@macuys Год назад

His parents must be real proud of the son they raised and the values they instilled in him. Not beyond the realm of possibilities that it was all under their guidance/consultation.

@missalicesmiles Год назад

Rich people have a certain sense of entitlement where they think they can get away with anything

@Last4TheWin Год назад

his father directly advised him so yeah

@opertinicy Год назад

to be fair, he didn't murder anyone. But he will serve his time, just like Elizabeth Holmes or Madoff

@calvinwilson3617 Год назад

Thry probably helped him

@PrivateSy4z Год назад

Its likely they knew about/were complicit in some of the crimes. Both of his parents spent time in the Bahamas "Advising" for FTX and hes given them houses and other assets bought with FTX client's money.

@dande3139 Год назад

I'm at that age, when I look at people younger than me and think, "This guy just got convicted of multi-billion dollar fraud. What am I doing with my life?"

@Khronogi Год назад

Dont worry he was born rich and in the money, so he had a few miles start in the race.

@MmeHyraelle Год назад

An aquaintance of mine got caught being a multimillion dollar cyberdruglord... 6 years ago. I'm 31, yea it sucks but at least we arent in jail for this shit.

@BenHyle Год назад

Well, you're certainly not going to prison for decades of your life.

@Delightfully_Bitchy Год назад

I hate break this to you, *but billion dollar fraud is, like, really bad and no one should be envious of someone of doing it.* Pissing off rich people is one of the worst crimes on the planet, in fact.

@ruukinen Год назад

@@Delightfully_Bitchy Assuming even a fraction of it is hard working peoples money. That's still thousands of families getting less food/heating etc. The human cost of a billion dollars, even if only a fraction of it is 'hard earned money' is pretty remarkable. On the level of a few lifetimes of work.

@pburnsiv Год назад

I would love to hear your take on the legal issues around Hasbero trying to deauthorize the Open Gaming License and replace it with something that would allow them to steal other people's work?

@radishinglad998 Год назад

I'm always amazed that compared to pretty much any other crime, wire fraud is the one that ends up waking the hornets nest of federal law enforcement and sending it on the warpath. I hope everyone involved in FTX stays behind bars for a long, long time.

@Mr_Wallet Год назад

Federal law is supposed to be limited by the powers afforded to the federal government in the constitution (with everything else either being an individual right, or being subject to state law). The most standard way to get around this and keep the law from being struck down by the supreme court is to lean on the specific enumerated power of regulating interstate commerce (so-called the "commerce clause"). The supreme court _loves_ legal arguments that laws are valid under the commerce clause. So, in terms of jurisdiction (does the Fed have the power to prosecute in this case?), wire fraud is an absolute slam dunk. It's very unlikely (and difficult to show) that an electronic message never crossed state lines in the course of being transmitted or stored, and bam you instantly have interstate activity (even if the fraudster and the victim might be residents of the same state), meaning the Fed has jurisdiction. In terms of nailing the bad guys and/or filing subpoenas, it's just a fantastically applicable and easy route, so it gets used all the time. Well, at least that's my lay observation. I'm no expert.

@ErisDas Год назад

Not gonna happen

@phillyphakename1255 10 месяцев назад

@@Mr_Walleti have come to the realization that the federal government has one and only one power, to regulate interstate commerce. I mean, technically there's others, like collecting taxes and providing for national defense, but most of the laws that we think of or even want come down to needing to fit within the commerce clause framework.

@lemmonsinmyeyes Год назад

It really seems like he thought he was the smartest guy in the room, in every room. Like he was raised being told ‘be smarter than the people you’re dealing with’ kind of thing.... the fact he legit didn’t think he was going to jail is amazing

@Matt-cr4vv Год назад

He’s clearly narcicistic so I guess it’s possible he may have believed he wasn’t going to jail. But I think it’s more likely he just didn’t want to say that he thought he was going than a real belief that he wasn’t. But if he did genuinely believe he wasn’t going then that is an incredible level of narcicism that is hard to get yourself to understand being possible.

@justforrow Год назад

He was smart, he just got caught.

@tommyfanzfloppydisk Год назад

@@justforrow ngl, i don't know any real smart (in the sense of genius/high iq) person irl, that play league of legends.

@alexkirrmann8534 Год назад

Lol the only reason he is going to jail is because the government didn't get their cut and that's assuming the government can convict him. They really don't win these crimes as often as you'd think.

@judeconnor-macintyre9874 Год назад

@@justforrow He was not smart.

@dihe1392 Год назад

You can steal from the poor but don't you ever think about stealing from the rich

@bromosome8049 Год назад

They're too greedy

@zwenkwiel816 Год назад

yeah they don't like competition....

@MERCENARYTAO1 Год назад

In general rich people invest in safe and regulated assets and markets while poor people put it all on black and spin the wheel in an illegal house. You tell me which group is going to get a better defense and protection.

@stefanfrankel8157 Год назад

Exactly: Donny Dumpster steals from the poor, and is still playing golf. Sam Banking-Fraud steals from the rich, and is in home detention awaiting trial. Kindly explain that, Merlin Garlic.

@citanon4355 Год назад

@@MERCENARYTAO1 just say you hate poor people, don't try and blame poor people for being poor.

@Timmy2384 Год назад

Bro really said "I'm too busy to go to jail". LOL

@perkidanman Год назад

Oh no, consequences! 😂 Classic Pisces.

@Khronogi Год назад

Consequences cause he defrauded the rich

@lairdcummings9092 Год назад

@@Khronogi he defrauded the poor, too. And the poor cannot afford that. SBF deserves to be crushed like a bug.

@FortitudineVincimus Год назад

Only because he stole from rich people.

@hello-mm6no Год назад

@@Gg-ij7li Just stop it you bot

@joelellks4063 Год назад

imagine taking that excuse to court LOL i'm sorry your honor, but in my defense, i'm a pisces

@jmmerk Год назад

Amazing how swiftly "justice " works when it affects rich people's revenue streams.

@MendicantBias1 Год назад

Lots of regular people lost money on this one.

@rangergxi Год назад

Honestly, it was kinda slow. He was even a media darling for a while.

@captaintoyota3171 Год назад

Yeah tons of insider trading and fraud in the gov't but thats not a problem.....

@mighty_kul8264 Год назад

@@rangergxi for the government it was fast. They needed solid evidence of his many frauds, not just "this is sus, that it sus, wow there that's mega sus". They need to have a solid case because he can't be tried twice for this. Have to get it right the first time.

@gamesguy Год назад

@@rangergxi no, it was extremely fast. Normally financial crimes take years to get an indictment. A month is basically unheard of.

@Cameron655 Год назад

"Alameda didn't segregate those customer funds." Twenty years of investment bank compliance training over >here< and this is rule #1. I'm screaming inside. And a bit outside, too.

@arturoaguilar6002 Год назад

I suppose when one is doing fraud, that doesn’t really matter: either you keep them segregated, making your unlawful activities easier to trace; or you don’t, making your records damning evidence about your intent on fraud by keeping your unlawful activities hidden.

@blakksheep736 Год назад

@@arturoaguilar6002 basically, you lose either way. Turns out the best way to not be convicted for a crime is to not do it. Who could've thunk it.

@rollotomasislawyer3405 Год назад

Bankman-Fried’s biggest mistake is he failed to document the receipts of his agreements between him and political figures he “donated” to support their campaigns and “personal projects.”

@sayantanmazumdar3 Год назад

He didn't know the ancient art of blackmail and persuasion.

@DaDunge Год назад

The fact that he has no money himself now suggest he is rather a true believer. He ripped off investors and basically gave all the money away. In a sense he could be viewed as a Robin Hood.

@alecwhatshisname5170 Год назад

@@DaDunge you believe he actually has no money? How did he have a gamer house in the Bahamas?

@agravery223 Год назад

@@alecwhatshisname5170 thank you. I'm 💯 sure he has hidden money in off shore accounts. All rich people do because they want an escape plan. They don't want to pay taxes and they want to be able to live comfortably in a country with no extradition.

@easymoney94 Год назад

I'm sure he doesn't need receipts. Now a days allegations are just like getting convicted. This guy aint stupid ( a theft but not stupid ). If he has info he will talk or he will be found dead in his cell and a black Correctional officer will get blamed. If this was Russia he would have fell out of a hotel.

@Graylikethecolornotgrace Год назад

Well well well, if it isn't the consequences of my own actions.

@Loctorak Год назад

Even though i would have been furious if this _hadn't_ been the outcome, it still feels good to hear the news and be reassured humanity hasnt lost all sense of order when it comes to financial crime & punishment

@tonebonetones Год назад

Not sure how to tell you this, but he's currently relaxing at his parents. Not in a cold jail cell. I wouldn't hold your breath if I was you. It isn't just vast wealth but also the very, very influential people he knows in politics, media, and his parent's know judges and other legal big hitters.

@Loctorak Год назад

@@tonebonetones You realise he's at home with his parents now because he's awaiting trial, right? These things aren't resolved overnight and when he goes to court, if he's found guilty and gets sentenced to jail, then he's going to jail. Just like Skilling did for 14yrs (reduced from 24) for the Enron fraud. Besides, that's not my point. Im saying it's just nice that given the alternative of SBF not even having to go to court, i think it's nice to see when the legal system does something that it's supposed to do because it doesn't always...

@horrorhotel1999 Год назад

Putting all your problema in a single "private" account and then kind of forgetting about it is the equivalent of sweeping ashes under the rug when the entire building is on fire

@calvinwilson3617 Год назад

More like putting all the valuables in a safe while the building is burning down and expecting to walk away with it all

@ofeyofey Год назад

True unbelievable people invested their life savings that's just greedy

@Arkteckx Год назад

Never have I been so entertained and informed by an attorney who’s hilarious, factually accurate AND makes some of the best content. Truth is power; especially when you can laugh about it. 😂

@marquiniopinio Год назад

Fun Fact: Sam was also wearing a shirt with text that read "I Heart Wire Fraud" while chatting in the Wirefraud chat.

@Blackgriffonphoenixg Год назад

clever viewers might notice it's proof he doesn't only own 3 shirts from his "look at me I'm such a frugal humble billionaire" shtick

@peggedyourdad9560 Год назад

Why does this read like something you’d see in some 90s cartoon lol?

@疑是地上霜床前明月光 Год назад

That transition from vegan meal request to Factor meal's commercial is funny and nicely done!

@jeremydale4548 Год назад

I'm still trying to figure out what the hell his parents were expecting with that one. Like...What exactly was the PLAN exactly? What did they think was going to happen?

@opertinicy Год назад

I get the request on ethical grounds, but jail isn't a luxury

@mordorimzrobimy Год назад

@@opertinicy What if someone has an allergy to meat (which is possible). The jail/prison should be able to provide that IMO.

@emmakane6848 Год назад

Yes, I think we can all agree that jails should be able to meet people’s dietary restriction needs - such as lactose intolerance, or celiac disease. But I do think that a lot of prison food has been linked to causing diabetes and/or not been suitable for those already suffering from it, and there was a law change a couple years back which bars families from providing fresh fruits and vegetables to inmates. (Which would be at no cost to the prison besides the manpower required to check packages.) So vegan options are the least of prison food concerns. Now, I am not trying to downplay the severity of other people's situations, but I do think that we should recognize that dietary CHOICES are at a different level entirely from medically necessary alterations. As well as the fact that many white collar, white, and rich criminals often get special treatment and preferential housing. So if he DID have his food requests granted where so many others are denied it would demonstrate that all the more.

@user-fe8gx3ie5v Год назад

I wouldn't know. I have a sponsorship skipper, thankfully.

@JB_Hobbies Год назад

I am always super impressed with the amount of research that goes into these episodes, and this one delivered just as well.

@EUSilverleaf Год назад

Hey, my LegalEagle-friend, Would you consider covering some Wizards of the Coast - OGL controversy? I love your content, but I also love D&D. If I can somehow get you to make a video on this, my month's been a good month.

@carlknibbs2849 Год назад

I lost nothing In this, if sbf gets anything but the maximum sentence pluse no special treatment it will be travesty.. So sorry for all the unnamed people that lost so much..

@Bloodlyshiva Год назад

Then prepare for travesty.

@zawhernos2541 Год назад

You actually lost something Every single criminal activities like this limits your travelling freedom , your scope of sending money out of your country Slows your airport boarding and decreases the value of the currency ... Not a direct financial loss but hassle and waste of time

@c0mpu73rguy Год назад

Not sorry for them in my case, NFT bros were the most annoying people on the internet lately.

@defaulted9485 Год назад

I don't condone innocent people should lost their money, but the big corpo promoting this deserves to be jailed too for promoting it WITHOUT due diligence and acting as "Non Financial Advice" to invest.

@NN010 Год назад

Hearing about all this SBF stuff right after watching Glass Onion hits home how accurate that film’s criticism of new money tech billionaires & how stupid they really are is.

@GetsLonely Год назад

Hah, I just watched that movie too! very true.

@blakksheep736 Год назад

Who's Glass Onion?

@GetsLonely Год назад

@@blakksheep736 recent movie, just came out on Netflix, like 2 days ago. Murder mystery.

@maxmeier532 Год назад

it's clear that the character of Ed Norton was in part based on Elon Musk. Especially the beginning where he had just sent notes to scientists that said "invent xyz" or the part where Norton does his disruption speech. It's so on point.

@SovietReunionYT Год назад

Thanks for letting me know about that, I'll probably watch it.

@leonardchurch814 Год назад

I would love to be as chill as SBF is when threatened with life in prison. Like seriously, wtf was he thinking?

@superdepressif6047 Год назад

maybe he made his peace

@ekuu8918 Год назад

Denial is a hell of a drug

@swordmonkey6635 Год назад

I think he looked at what he did as more of an exercise of how far he could take it before he got caught and was like "oh well, I tried". After that, he embraced a self serving sense of entitlement and using his Dream Board thought he could talk his way out of it using his "I'm just a dude" persona that the media and investors embraced. He had to know that he was going to eventually get caught. I think the game for him was trying to get ahead of it far enough so that when he did get caught, he'd had enough money stashed waiting for him after he got out of prison. Oh, and he probably has psychotic tendencies to boot.

@nosuchthing8 Год назад

Yeah, madoff was the same

@seekittycat Год назад

Never be chill enough to tell your lawyers to fck off my friend.

@MrBob7370 Год назад

Could you please do a video on Wizards of the coast new OGL

@alaskawatchers8045 Год назад

Sideshow Bob Fraud is pretty damn special.

@jesuszamora6949 Год назад

Damn, he DOES look like Sideshow Bob. Just gove him the floppy shoes.

@taylorlibby7642 Год назад

Sideshow Bob has better hair amd wears better clothes. ; )

@keithgoh123 Год назад

This is an insult to sideshow bob.

@crewmatewillthrowthesehand7600 Год назад

Scam Banking-Fraud

@SynchroScore Год назад

"Huh! Attempted securities fraud. Do they give Nobel Prizes for Attempted Chemistry?"

@snorpenbass4196 Год назад

Fun fact: one of the 2010 changes to Frank-Dodd is called the "Eddie Murphy" rule. Because it closes a loophole that was used in the movie Trading Places in 1983 (when they sabotage the frozen orange juice futures market).

@tomdeitch2305 Год назад

A professional and objective video on this situation. So rare these days. Thank you

@beepbeepcasucha 10 месяцев назад

Who else returned to this video after the laundry list of convictions? 🤪🤪

@Ralphster1988 Год назад

I just imagine the investigators looking at the Wirefraud chat and saying to each other; "This is a joke, right? There's no way that there's actual evidence in here. But lets just check anyway to be thorough."

@patheddles4004 Год назад

Right? There's no way you could justify /not/ checking.

@AnnoyingNewslettersPage6 Год назад

Moral of the story, never trust someone who looks like John Ralphio.

@dielaughing73 Год назад

He's the woooooooorst!

@ivanterrible7362 Год назад

Money pleeeeeeease!!!!!

@484berkshire Год назад

Never trust a Pisces.

@everylaurenislemons Год назад

The most delicious and accurate roast of sbf

@rollerskdude Год назад

@@484berkshire I'm a Pisces. I can confirm this.

@AchtungEnglander Год назад

Imagine your parents are rich enought to find $25M like that.

@HavianEla Год назад

Honestly, I think it was paid for by some leftover stolen money he has. SBF lied about so much, there isn’t a chance in hell I believe him about “only” having $100k. It serious pissed me off that he said that sum as if it were $5, not the life changing amount it would be for the majority of people right now. I’d do SO much to have that money right now.

@DavidJao Год назад

It's not true. SBF was given bail for nothing more than surety against his parents' home, which is worth only 4 million dollars. There's no way a normal person would have been allowed to bail out with so little collateral vs. their bail amount. Yet another example of special treatment for SBF.

@AchtungEnglander Год назад

Oh I see. Thanks

@richardballs8618 Год назад

@@DavidJao wow only 4mil!?

@DavidJao Год назад

"The Justice Department and Mr. Bankman-Fried’s lawyers ultimately negotiated over how to extradite him in exchange for letting him stay out of prison without posting a huge bond, given his lack of funds. So while prosecutors could herald a $250 million bail, one of the highest in history, he was ultimately released on something closer to his own recognizance, which is also a standard arrangement. Prosecutors did demand that his parents post their home as collateral and co-sign the bail deal, expecting that Mr. Bankman-Fried wouldn’t want to hurt his family."

@gravysamich Год назад

I would really like to see you cover some instances in court where the judge allowed some strange behavior or tactics. I just watched your react to liar liar and it got me thinking. I bet there are some pretty interesting cases where a judge allowed a normally not allowed act with some interesting results. One example I thought of was when Michael Jackson defended a song of his as being original by basically beatboxing in court.

@nathaliefernandez2014 Год назад

Its going to be a fun trial bc he gave interviews during all of this. If it becomes a public trial it is going to be fun to rewatch his interviews with Coffeezilla

@nataschavisser573 Год назад

Yes, I couldn't understand why he didn't just disappear with whatever loot he managed to siphon off before the sh*t hit the fan. Or at least stopped talking to the press. Instead the guy kept on incriminating himself in public.

@rangergxi Год назад

He thought he was invincible because he had the press and D Party on his side. Just ended up digging a grave that was too deep.

@mighty_kul8264 Год назад

@@nataschavisser573 he was high on clout. Imagine if you were a serial killer, got caught and instead of getting arrested, you get a louis vuitton partnership and asked to guest star in 5 up coming block busters. Your not gunna just disappear, even if you should

@EdieDawnJay Год назад

I love that all of SBF's defenses when he's questioned boil down to "I wasn't there, and if I was there I was asleep" I'm sure that the case will go sooooo well for him. /s

@rockdinosaur8619 Год назад

Well it's always worked for Trump - "I don't know that guy, I get photographed with a lot of people", "I didn't say what my Tweet said", "that interview where I said things was fake news, it's a witch hunt!". 'Billionaires' with bad memories.

@selectionn Год назад

@@rockdinosaur8619 Its working for Biden too (I think??), guy doesnt even know where he is and can barely speak but he's still the president

@xboy4331 Год назад

@@rockdinosaur8619 the difference is that Trump is a useful fraud and SBF is not... anymore. Powerful people have kept Trump free so they can keep making millions off him and using his name to get elected. SBF has only ever lost billions of dollars, so those people have no reason to support or help him because he is of no financial or political value to them. Not to mention all the reputations he hurt by getting super wealthy people to invest and be spokespeople.

@rockdinosaur8619 Год назад

@@selectionn Biden is an old man who stumbles a lot, Trump is an old man who just lies a lot.

@rockdinosaur8619 Год назад

@@xboy4331 I agree with most of what you said except not sure how useful Trump ever was - certainly didn't help in the last 2 midterms. Looks mostly useless and destructive to me.

@GlaciusTS Год назад

Hey legaleagle, I don’t know if this is too niche for your channel, but Wizards of the Coast recently leaked an Open Gaming License update that attempts to “unauthorize” all pre-existing versions of the old Dungeons and Dragons OGL. At first glance, it might not mean a thing to you, but this has huge implications for a ton of content creators, game developers, and even folks like Critical Role. Even Star Wars created video games based on the old Open Game License. It would be amazing if you could chime in on this. Can a license from 20 years ago that was clearly intended to exist in perpetuity be subject to just becoming unauthorized like this? I would LOVE to hear your take.

@TeacherTaj Год назад

"He used to living with roommates and wearing the same thing every day." I didn't know Legal Eagle was getting into Celebrity Roasting. 🤣

@lafeelabriel Год назад

Well, if even half of this is true then he deserves *everything* that is coming his way. And plenty more besides.

@oldmandoinghighkicksonlyin1368 Год назад

Lower your expectations when it comes to white collar crime.

@lafeelabriel Год назад

@@oldmandoinghighkicksonlyin1368 It already is pretty low in case the "and plenty more besides" wasn't a hint. :P

@particle_wave7614 Год назад

Bernie Madoff got a 150-year prison sentence. When you let billions of dollars disappear, you get put under the jail.

@BaneHydra Год назад

@@oldmandoinghighkicksonlyin1368 They got Bernie Madoff pretty hard

@lovesgibson Год назад

For what? It’s people’s own fault if they make bad investments

@mikearndt8210 Год назад

i would love for you to discuss the wizards of the coast/hasboro open game license legality and the effects it could have on the ttrpg industry if you are looking for something interesting to do a video on

@justinmaitland7335 Год назад

This behaviour is of people who think they are too good to be caught. They forgot they screwed over people who care far more about money than they do.

@beepbeepcasucha Год назад

Hahaha didn't expect you to end it off like that. Sad and true

@rangergxi Год назад

He thought he was invincible because he had the press and D Party on his side. Just ended up digging a grave that was too deep.

@MrFlarespeed Год назад

@@rangergxi they were also donating to the republican party, man thought he'd bought out both sides and didn't realize the justice department doesn't actually care about party affiliation.

@johnchedsey1306 Год назад

I've seen some people comment that "gosh they look so young, they couldn't have possibly known what they were doing". F that! These are highly educated people and they clearly knew what they were doing coupled with the arrogance they wouldn't get caught.

@missalicesmiles Год назад

Exactly. He's a 30 year old man🙄

@calvinwilson3617 Год назад

They had a chat called "wirefraud" they knew exactly what they were doing

@RobDucharme Год назад

New rule: If your crimes are so significant that bail is set at $250 million dollars, how about you're not eligible for bail.

@TPT91 Год назад

It’s (partly) determined in proportionality with your wealth.

@sweethysteria8737 Год назад

Also it’s only if you’re considered an immediate danger

@ednafronkelbarger8601 Год назад

Bail is only denied when it's determined that there is no set of conditions under which you will not flee.

@Nebulaoblivion Год назад

Bail is set based on how much money you have, not what you did. Otherwise it would unjustly favor the rich, as bail would be no issue for the rich, and serve only to punish the poor. If SBF had less money, his bail would be less. The legal system can choose to hold people without bail if circumstances deem fit/if they seem like a flight risk.

@darthparallax5207 Год назад

Exactly nebula. Further he's not a flight risk because he's too stupid to believe he's going to get convicted. He's 100% certain nobody even understands what his job is enough to find out if he did anything wrong. That's part of why the system is so confident he's going to show up to court. Letting him about on bail is a genius strategy for giving him access to the internet where he can make more incriminating statements so they get the maximum sentence put on him at the end of the process.

@sunsetfoxx Год назад

"classic Pisces" I literally screamed, died, resurrected and screamed again... that sparkle of astrology shade was perfect

@ronabitz5156 Год назад

My question is why anyone gave his company any money.

@akabones4404 Год назад

In one word, Hopium

@evangrove2131 Год назад

Green line go up (until it doesn't)

@djchino774 Год назад

Cryptoidiots

@MultiLimpet Год назад

People gave money to bitconnect which had 10% interest a month and was run by shady asians

@corriedebeer799 Год назад

Because a fool and his money are soon parted.

@parametr Год назад

Sometimes it feel like life is written by Stan Lee. Who is that guy who commited massive financial fraud and got caught? BankMan Fried Can't make it up.

@lashlarue7924 Год назад

Just like "Madoff" Made-off with his customers' money!

@evanbelisle8464 Год назад

The next guy will be Carl Iwillfuquover

@abaddononion Год назад

This most upsetting thing about stuff like this is that you just know in the end, all these people will be sitting on a beach in their old age as multi-millionaires, still richer than the rest of us with just a fraction of their ill-gotten gains left.

@drsnova7313 Год назад

I'd rather be dead broke (or, frankly, just dead) than spending decades of my life in an American prison, to have access to a lot of money when I'm 60 or 70.

@MultiLimpet Год назад

He caused probably more than ten suicides

@michaelroyal188 Год назад

Can we get a video on if Logan Paul has any standing in suing Coffezilla?

@destendgem Год назад

Don't know who does your editing, but they deserve a raise.

@dredgerivers7730 Год назад

It's bad that SBF "doesn't understand" what went wrong. It's worse that SBF won't admit there was no reasonable way to expect his "system" not to go wrong.

@JennaGetsCreative Год назад

"Weird trick your accountant doesn't want you to know about." 🤣 I've gone back to school for accounting and yeah, if his balance sheets were my term assignments back in first semester, I would have received a failing grade.

@bdogawsome9880 Год назад

Hey! I'm just wondering if the Wiizards of the coast OGL would be something worth analyzing. I like how you break things down and would love to hear your take on it.