Sam Bankman-Fraud
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 4 November 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
Sam Bankman-Fried was found guilty on seven charges of wire fraud, conspiracy and money laundering and is facing a 110-year sentence.
Cryptocurrency, itself, has lost an ambassador, a lot of value, and quite a bit of credibility.
Guest: Nitish Pahwa, associate business and tech writer covering the trial for Slate.
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Transcript
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| 0:00.0 | This podcast is brought to you by Progressive. Are you driving your car or doing laundry right now? |
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| 0:33.0 | National average 12-month savings of $793 by new customers surveyed who saved with Progressive |
| 0:39.7 | between June 2021 and May 2022. Potential savings will vary. My slate colleague Nautishpawa was in the courtroom when the verdict came down that Sam |
| 1:00.4 | Bankman freed was guilty. |
| 1:03.0 | It was truly so silent, so tense. |
| 1:08.5 | It was packed fully. |
| 1:10.3 | A lot of us in the benches directly behind SBF and the council and the assistant |
| 1:18.8 | U.S. attorneys, a lot of other observers off to the side, including his parents, but everyone was just staring straight ahead, |
| 1:28.0 | just waiting for the moments when the jury forewoman would confirm on the counts and wow the judge |
| 1:39.6 | had told us beforehand you know don't, you know, no Russian tour doors, no like, you know, |
| 1:46.0 | acting out of line or anything and, you know, everyone to their credit did exactly that, |
| 1:52.4 | but you could definitely get the sense that everyone was |
| 1:56.8 | like reacting head swiveling like oh my god. God. |
| 2:10.0 | Could you see him or could you see his parents? We could not see him personally? We could not see him personally. |
| 2:13.0 | Well, I mean, I could see him just from behind, so couldn't really see his face. |
| 2:19.0 | But we could see his parents next to us and in fact a lot of people as the |
| 2:26.7 | charges were landing individually guilty guilty guilty a lot of people turn right to see where his parents were sitting. |
... |
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