CARPE CONSENSUS: Moving on From Sam Bankman-Fried
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 November 2023
⏱️ 25 minutes
🧾️ Download transcript
Summary
Well, the show's over: Sam Bankman-Fried was found guilty on all seven counts in the FTX fraud trial. Now, the crypto industry and its reporters move on to other topics – maybe even out of crypto winter, and into spring?
On "Carpe Consensus," hosts Ben Schiller and Danny Nelson dive into the latest crypto news.
- [0:55] Inside the Desk: CoinDesk reporter Helene Braun has been covering the Sam Bankman-Fried trial alongside Danny Nelson. The pair reflect on the verdict and the experience in the courtroom.
- [14:58] The world of crypto still turns, even as SBF's trial comes to an end. Ben and Danny chat about what's on the horizon, from the end of crypto winter to the rise of real world asset tokenization. Ben highlights Consensus Magazine's Trading Week package.
“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.
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Transcript
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| 0:00.0 | This is Carpe Consensus. |
| 0:11.0 | Join hosts Ben Schiller and Danny Nelson as they seize the world of crypto. |
| 0:28.4 | Hello and welcome to Carpe Consensus. This is a podcast from the CoinDEST Podcast Network. I am Benjamin Schiller, features editor here at CoinDesk. And joining me today is Danny Nelson. He is a co-host. |
| 0:33.8 | Hello. And also Helene Braun. She is a reporter here at CoinDesk. And we're going to be talking |
| 0:38.7 | about the SBF trial, which just wrapped up last week with the former founder of FTX being |
| 0:44.4 | found guilty on seven counts of federal fraud and related charges. And that was a pretty big |
| 0:50.1 | deal for the crypto industry and certainly here for Kineska as we broke the story originally. |
| 0:56.1 | So, Danny, what was it like to be there at the end of the trial there with the verdict? |
| 1:00.1 | Yeah, I got to say, it was unexpectedly emotional, right? |
| 1:03.8 | So for five weeks, we heard all these co-conspirators, these insiders who pled guilty to various |
| 1:08.7 | crimes, testifying against Sam, saying, |
| 1:15.8 | he made me do this, he told me to do that, Caroline, Neshad and Gary, all coming with their very powerful stories. And then at the end, Sam testified, and then he was found guilty. And I |
| 1:24.0 | feel bad for him. I know. Weird thing to say, I don't feel like he is innocent, or I don't think |
| 1:31.6 | he's not guilty, rather. He's definitely guilty. He's guilty as hell. But watching him in the |
| 1:36.3 | courtroom, watching his parents there, I just felt like this sense of, wow, I felt the gravity |
| 1:43.6 | of the moment. And I don't know, we should lock him up, |
| 1:47.4 | but we shouldn't give him 115 years. This is a hot take, I know. Maybe we can get into the |
| 1:53.2 | rights and wrongs of how long he's going to get. Helene, what about you? How did you feel when |
| 1:57.6 | you saw the verdict being read out? Yeah, I did not feel bad for him at all, especially after we heard all the closing statements. |
| 2:07.6 | We heard two different closing statements from assistant use attorney Danielle Sizzouin. |
| 2:12.8 | And they were very compelling and very convincing. |
| 2:16.4 | And I felt like there was this moment in her closing argument |
... |
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