4.2 • 5.3K Ratings
🗓️ 29 March 2024
⏱️ 19 minutes
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0:00.0 | So Caitlin, it's happened. We have a sentence 25 years for Sam Bankman Freed. |
0:13.8 | Yeah, after months of waiting the trial, |
0:17.6 | all of the pretrial hearings, |
0:19.2 | we finally know how long Sam Bankman Freed |
0:22.0 | will be in prison. |
0:23.0 | And you know as a reminder this is 25 years for stealing billions of dollars from |
0:27.4 | FDX customers and affording investors and lenders in what prosecutors have called one of the biggest financial frauds in U.S. history. |
0:36.3 | And you'll remember at the start of this podcast, one of our earliest episodes, we noted how |
0:41.5 | he set out to save the world through his FTX empire and |
0:45.2 | now instead he's going to spend much of his adult life behind bars. We heard from |
0:50.9 | Bankman freed again today and one of the things that stuck out was he said quote my useful life is probably over |
0:57.5 | Yeah, that was a very powerful moment during the two and a half hours that we were in court today watching this sentencing unfold. |
1:06.5 | And a lot happened. |
1:08.1 | So we're going to break down just how Judge Lewis Kaplan got to that 25 years and what it's going to mean for Sam Bankman Freed. |
1:20.0 | From the Journal, this is a trial of crypto's golden boy. I'm Caitlin Ostro and I'm Rachel Humphreys |
1:30.2 | Coming up, Bankman Freed's 25-year sentence. This episode is brought to you by Empower. If you're like most people you've had your fair share of financial questions. |
1:55.0 | Questions like will you be able to afford a third kid? |
1:58.0 | Will you be able to do everything you want when you retire? |
2:01.0 | What if you outlive your savings? |
2:02.8 | Empower knows these questions can be stressful, so they're here to help answer your |
2:06.6 | what ifs and empower what's next. |
2:09.2 | Join 18 million Americans and take control of your financial future. |
... |
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