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🗓️ 3 November 2023
⏱️ 6 minutes
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0:00.0 | I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley. |
0:07.0 | It's Friday, November 3rd, and this is your Morningwire afternoon update. |
0:12.3 | Sam Bankman Freed has been found guilty on all charges and now |
0:16.0 | faces decades in prison. It took a jury just five hours of deliberation to |
0:21.2 | convict the former F.T founder on seven charges of securities fraud, |
0:25.7 | wire fraud, and money laundering. |
0:28.1 | Once touted as the king of crypto, Bankman Freed now faces 110 years behind bars. |
0:34.0 | Prosecutors say the now 31-year-old used FTX and Alameda research as a personal piggy bank. |
0:40.4 | He was also the second largest donor to Democratic candidates behind George Soros. |
0:45.2 | Damien Williams, U.S. Attorney for the Southern District of New York, gave remarks after |
0:49.6 | the verdict was announced. |
0:51.4 | He says it's no coincidence that this case moved so quickly. |
0:54.3 | It's a warning this case to every single fraudster out there who thinks that |
0:59.9 | they're untouchable or that their crimes are too complex for us to catch or that they're |
1:05.2 | too powerful for us to prosecute or that they could try to talk their way out of |
1:09.7 | it when they get caught. Those folks should think again. |
1:13.2 | Bankman Freed's attorneys say they will appeal the verdict. |
1:17.1 | A top fundraiser for New York Mayor Eric Adams had her home |
1:22.3 | rated by federal agents on Thursday. |
1:25.3 | Officials who asked to remain anonymous told the AP that agents searched through the |
1:29.6 | home of Brianna Suggs in Brooklyn. |
1:32.4 | Officials did not say whether Suggs was being investigated. |
... |
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