Welcome to Pablo Torrey finds out. I am Pablo Torrey and today we're going to find out what this sound is.

He should have said, Tom, I paid you for 20 hours, get down here and like give me a pep talk.

Because like I'm facing like a really tough

challenge right now. Right after this ad.

You're listening to Draft Kings Network. Okay, so I just got to dive right in here because I believe that today's story has been incredibly

undercovered in the world of sports, specifically, which is criminal, as a were.

This is the story of Sam Bankman Freed. Sam Bankman Freed is the founder of a company, a crypto exchange, named FTS,

and FTS made Sam the richest person under the age of 30 on the planet.

They put him on the cover of Fortune as the next Warren Buffett and Forbes as the next Mark Zuckerberg and it put him all over sports itself.

You may remember this FDX had a Super Bowl commercial.

Sam was famously endorsed by Tom Brady, Steph Curry, and Shohay O'Tani, and many of the best

athletes in America, all of which turned out to be an enormous problem.

One of the most powerful people in the cryptocurrency industry,

Sam Bankman Freed, arrested overnight in the Bahamas.

The federal charges just unsealed. They include eight counts. in the government. The government also contends that Bateman Freed was using these

customer deposits to both cover bad bets that he made it as crypto hedge fund

alameda research and to make $100 million in campaign contributions.

All in, we're talking about more than $8 billion

worth of FTX customer money that went missing.

Bakemanfried has pleaded not guilty to all charges.

This is always sort of a gamble, right?

The defendant taking the stand in their own trial,

...