Watch FTX CEO's Entire Testimony to Congress in December 2021 

He sounds and looks like a good guy. Hope he has a long life, about 115 years old.

This just goes to show how people can seem eloquent in speech and serpents in their soul

"We've never had customer losses, clawbacks or anything like that"...This didn't age well

What a fine, upstanding young man! Looking forward to what he accomplishes in the future!

Wow - everything he said about risk and what they were doing to mitigate it, segregating his customer funds, and what he said they were not doing so that they were not like the 2008 collapse was a complete lie. "Robust risk engines"?!? Unreal. What a liar, hiding behind industry "speak". He deserves all the prison time he gets.

He seems to know how his business runs during this testimony. 🤷🏾‍♀️🤷🏾‍♀️

Never seen a man more honest and noble in my life! His prison mates will treat him very well.

His confidence here is shocking.. in hind sight he is very very knowledgeable of what his company is doing and will do.. and now he is pleading lack of knowledge

Amazing how Sam can speak so clearly, So on Top of the way thing's are laid out So goodie good Yet today we hear from a far different man much stuttering much not knowing how the business was ran not knowing so much one could almost think these are two different people but their not this is the same guy that took you & others for every dime you had trusted him with. Do you believe the lie's? No, I don't, no chance, this dude took it cut and ran & now he plays dumb dumb..

PRISON.. stop wasting our tax money

He's like telling a fairy tale story to a bunch of dinosaurs 🦕

We have a transparent system, yup he actually proclaimed that to the congressional committee, whilst trying to further restrict oversight. What a piece of work.

He's talking to the people he gave all of FTX money to.. OMG

No one was considering, or asking about an insider threat. He held all the keys without any restrictions or oversight. Who could have saw this coming.

Why does it seem like this testimony sounds more like regulators asking this scam artist about how to design their future systems, instead of calling out the actual scam, as it's now widely known?

The woman who took donations from him is on the council, how crooked is that?

Lies, lies and more lies.

"MY GOAL IS TO HAVE A POSITIVE IMPACT ON THE WORLD, TO MAXIMIZE THAT AND TO DO SO BY SUPPORTING SOME REALLY FANTASTIC ORGANIZATIONS". What a beautiful introduction to a testimony before the Congress. The whole speech of SBF before the Congress let him really appear as a BENEFACTOR, a LAW ENFORCER and an advocate especially for TRANSPARENCY and REGULATION. As many philosophers and poets said, a man can truly be known only through his ACTIONS never through his SPEECH. But we often forget these sayings especially when we are addressed by billionaires backed by politicians.

He just admitted what he was doing at 2:10

So this 30 yr old who talks like a 4 yr old laundered billions for the same people with whom are asking him questions. Handing billions of our own tax money back thru FTX ..What a complete clown 🤡 show.. shouldn’t the politicians be on trial as well???

All of those licenses and none required verifying what he was doing with customer funds.

This is purely a joke. 40 mill obviously goes along way. SBF is such a narcistic individual gleaming so he was as he smirked his way through a poorly veiled shallow, false attempt of sincerity and concern for the people his crime syndicate family stole from.

I just realised something that if people talk and they repeat "YOU KNOW" in every sentence they are actually saying that to themselves unconsciously

This aged well Particularly the risk management stuff

He does a good job painting himself as a disorganized idiot, but watching him so clearly describe, with such knowledge, the intricacies of his company... dudes a snake in the grass lol

his voice is exactly how I'd expect it to sound by how he looks

And it was all a word salad of lies that none of them even understood.

SBF: "My take on the 08 financial crisis - I watched The Big Short Too."

He is very knowledgeable, confidence with clarity.

How come none of them spot the problems, only the woman online noticed something is off

I tbought this was new xD I couldn't believe the regulation and transparency claims hahah

Real slick.. real sick!

and above that he gives advice to the politicians

This aged well

Wow, very promising. how to open an account with FTX?

Crazy, you can really never trust anyone.

Have you ever heard of Wise ? I use it every single month. The money gets home in about 2 working days and the fees are quite low.

Everything he said, he was carrying it out at FTC

How do these folks run the country if they are so easily fool by such????

Wow, this guy is spot on. I am just now interested in getting into crypto. I’M IN! 👍😃

What a difference a year later makes :-)

amzing ceo, i opened ftx accoint and deposited all my life saving in there, lets make some money!!

You get the word right “ creating positive impact to the world and maximising it “. Yeah he did it with full conviction , with the knowledge of MIT physics… in Jail let’s see how quantitative theory works ..

At least he's sticking to the act that he did nothing wrong. Just happened to misplaced ~$10 billion.

At 8:20, did he seriously argue that an advantage of FTX is transparency of transactions, which wasn't present during the 2008 banking crises?

You can see how he fooled those who think cryptocurrencies are a good investment. He's got the whole of Congress spellbound and addressing him as a crypto guru. Of course, millions of dollars in donations to politicians helped a lot.

Shouldn’t there be a disclosure if FTX or members of FTX donated money to any of the campaigns or PACs that supported campaigns of any of these members of Congress asking questions in this hearing? I am not sure if they have or not. But I think if they have or haven’t should’ve been disclosed during hearing.

Just how slick a conman can be..

Contrast this with the interview where he was feigning mental challenges once things went south

Why does he have a perm?

Life in prison for him

WHO IS SHE ???

*What a fine, educated, humble, articulate, honest, trustworthy, down-to-earth, and good looking gentleman. Such a rare combination. I am sure he will go to places.*

@9:32...i thought it was bill belichick

Clawbacks 2008 wow this aged welll

". . . Someone who can be extradicted if they do something criminal" . . .

You can always count on Congress for a good laugh.

The beyond horrendous decor of his "$30m apartment" in the Bahamas should have tipped everyone off years ago...

Perjury: 4:19 - Risk Controls

Give this man “Best Actor Awards”! Banks are bad, and he was there to fix stuff…

He went from being called the J.P. Morgan of crypto, to the Charles Ponzi of crypto. How the mighty have fallen.

I wonder if I can give this young man all my money to manage 🤔

"a 24hr risk engine" 🤣😂

hmmm... should I like or dislike this video?? I can't decide!

Mr foster got it right

Bubba will be doing a special type of Crypto to him when he hits the big house

And who organized this hearing. SbF himself 🤮

He was completely lying about everything lol.

Good evidence.

🤦‍♂He's really going to try to foist the blame onto Alameda Research. I do believe he'll see prison time by the end of this ordeal.

look forward to hearing from the other Sam if he ever sails back our way, thrown SBF to the lions before hightailing it

"Transparent System"

his responses r so vague

No one can crack our system but me😂

If this isn’t fraud, I don’t know what it would be

So when will these congress people Audit the Federal Reserve???

so where is the money now?

Seems knowledgeable about crypto 🤔 but when ask what happened to billions of customers money the knowledge dissappear

Improve a lot of peoples lives.

"I didn't know a thing~ I couldn't have~ but I did give my parents millions and~ oh wait I was supposed to lie about this part!"

"complete transparency" did not age well.

He really brought up embezzlement in his opening statement lol guys way out of touch with how much trouble he is in

This aged well. Haha

This did not age well. Will he do it again wearing and orange suit?

Way to take the morality high ground with bare feets...

What a tongue bath they're giving this criminal.

Lol. There is no Stanford California. He grew up in Palo Alto.

I’m in

Goes from one water bottle to four. It appears opened bags of candy? What is going on here.

Well...This didn't Age Well now did it...

Old video. Posted to maybe make folks think this is new footage. Look at his interviews POST FTX Collapse and re watch this. The Wolf in Sheep's clothing will be fully revealed then.

Um

Will he says "Its an honor to be here " this time round???

Hi....

Obviously a smart, accomplished young man with what seemed like an honest idea…initially….however, money changes MANY of us. I changed once I made millions and realized I was becoming a bit arrogant so had to change course and be genuine again. He knowingly did corrupt things but sometimes the ultra intelligent ones think they can get away with it

He was given the wrong questions, they love him, the only question is where is the money

"We have a transparent system", but no one knows where Billions of dollars went.

The economic impact ? Before everyone got fool or after sir??? I think I better tell u the one before...

Who is that hot Blondie in the back? 😂

These illiterate judges cannot question SBF.