Evening Edition: Crypto King Convicted Of Fraud

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 3 November 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sam Bankman-Fried has been found guilty of defrauding investment customers of billions of dollars and now faces up to one hundred and ten years in jail. Federal jurors deliberated for just hours before delivering their verdict. Many of Bankman-Fried's inner circle testified against him before he himself took the stand in his own defense. FOX's John Saucier speaks with Kelly O'Grady, FOX Business Network correspondent based in Los Angeles and the host of 'The Trial of Sam Bankman-Fried' podcast, about the verdict, the charges and where the case goes from here. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Shannon Breem. I'm Will Kane. I'm Dana Perino and this is the Fox News rundown.
0:07.6	Friday, November 3rd, 2023. I'm John Saussier. The trial of FDX co-founder Sam Bankman Freed wrapped up this week and it was a
0:15.5	multi-billion dollar roller coaster.
0:18.2	The 31-year-old crypto-brow was found guilty on Thursday night.
0:21.4	This whole court case was almost circus-like at times in some
0:24.3	of the details on not only how Bankman Frey duped investors but also on where that money went.
0:29.8	There was just all of this chaos when everyone in the courtroom hears this.
0:33.0	They're like Thai prostitutes, bribery, my God, what doesn't this case have?
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1:13.6	odds of four to one and three selections teas and teas apply our guest today's
1:17.8	Fox Business Network correspondent Kelly O'Grady who has been posted up at
1:22.0	the courthouse
1:22.6	throughout this trial.
1:24.0	She also has her own podcast, hosting the trial of Sam
1:27.6	Bankman-Freed podcast, which you can check out
1:30.2	on Fox News podcast.com or anywhere you download your favorite podcast.
1:34.6	You expected going into this trial for the prosecution to have an airtight case.
	...

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