BREAKDOWN: SBF Pleads Not Guilty; Trial Set for October

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CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 4 January 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

This plea comes after both Caroline Ellison and Gary Wang admitted they were guilty of fraud. On today’s episode, NLW discusses Sam Bankman-Fried and FTX, including his bail hearing from December, the unusual request to keep his bail bond-backers private, and his not-guilty plea from yesterday’s arraignment. - “The Breakdown” is written, produced by, and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: Michael M. Santiago/Staff /Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery UK. That's audible.com slash Wondery UK.
0:53.8	Welcome back to The Breakdown with me, NLW.
0:59.0	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
1:05.0	The breakdown is produced and distributed by CoinDes.
1:10.1	What's going on, guys?
1:11.4	It is Wednesday, January 4th, and today we are discussing why Sam Bankman-Fried
1:16.1	is pleading not guilty to charges of fraud.
1:19.9	Before we get into that, however, if you are enjoying the breakdown, please go subscribe
1:22.8	to it, give it a rating, give it a review, or if you want to dive deeper into the conversation,
1:27.0	come join us on the Breakers Discord. You can find a link in the show notes or go to bit.
1:30.4	ly slash breakdown pod. All right, guys, so as I suggested yesterday, today is FTX
1:37.7	catch-up day. As much as we'd all like to move on for it, FTX is going to have lingering
1:43.1	effects and continue to shape
	...

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