Fri. 03/29 – SBF To The Hoosegow
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 29 March 2024
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Mem Right Home for Friday, March 29th, 2024. I'm Brian McCullough today. |
| 0:08.8 | SBF gets 25 years. |
| 0:10.8 | X is maybe about to go NSFW. |
| 0:13.8 | Apple's new OLED iPads should be coming in May. |
| 0:17.2 | I can't cram another acronym in here to tell you about Apple suing an employee for |
| 0:21.3 | leaking. |
| 0:21.9 | And of course, the WLS weekend long read |
| 0:24.7 | suggestions here's what you miss today in the world of tech. |
| 0:29.4 | Well this saga is over. |
| 0:35.0 | Sam Bankman-Freed was sentenced to 25 years in prison for stealing from users of his now bankrupt |
| 0:40.7 | FTX crypto exchange, and the judge ordered him to forfeit more than |
| 0:45.0 | $11 billion. |
| 0:47.0 | Quoting Reuters, U.S. District Judge Lewis Kaplan handed down the sentence at a |
| 0:51.5 | Manhattan court hearing after rejecting |
| 0:53.4 | Bankman Freed's claim that FTX customers did not actually lose money and |
| 0:57.2 | finding that he lied during his trial testimony. A jury found Bankman Freed |
| 1:01.8 | 32 guilty on November 2nd on 7 fraud and conspiracy counts stemming from |
| 1:06.4 | FTX's 2022 collapse in what prosecutors have called one of the biggest financial frauds in US history. |
| 1:11.8 | Kaplan said Bankman-F Freed has shown no remorse. |
| 1:15.4 | He knew it was wrong, Kaplan said. |
| 1:17.0 | He knew it was criminal. |
| 1:18.6 | He regrets that he made a very bad bet |
... |
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