SBF (CEO of FTX) is out (walking around the US) after posting a $250 Million bail! Caroline (and Gary Wang) talked! Caroline is FREAKING OUT! 🚨
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Timestamps:
0:00 – SBF (FTX CEO) is free in US on bail
1:15 – How did this happen? (US NY Attorney)
2:04 – Caroline (Alameda CEO) working w FBI & DOJ
3:03 – Gary Wang & Caroline both working against SBF
3:27 – Maybe Caroline’s best/most profitable trade.
4:00 – Caroline & Gary both w sweetheart deals
4:49- Caroline Ellison Plea Deal
5:05 – Gary Gensler/SEC connection
5:52 – SBF $250 MILLION Bail? Thought he had just $100k?
6:57 – SBF vs DOJ (most recent details)
8:12 – Family & friends helping SBF
8:40 – FTX user’s money bailing SBF out!?
9:23 – SBF to enjoy his Christmas?
9:59 – NY & CA residents WATCH OUT!
**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.
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Samuel bankman freed the former CEO
of FTX this man responsible for one Of the largest frauds in history is now
walking free on the streets of New York Sam bankman freed after being extradited to the
U.S from the Bahamas seeing a judge has now been Released on a 250 million dollar bail secured by
his parents in sbf's first court appearance since Being extradited from the Bahamas the former CEO
was told that he can live with his parents on 250 Million bail secured by the parents Palo Alto
house if you live in New York if you live in California if you live across the United States
in general Sam bankman freed is walking Among Us Be on the lookout for this face one of the reasons
the judge agreed to let SBF post bail according To the judge Sam bankman freed has a face too
recognizable for him to flee question is how Did we get here last week we announced charges
against Samuel bankman freed for a sweeping fraud Scheme that contributed to ftx's collapse and for
a campaign Finance scheme that sought to influence Public policy in Washington as I said last week
this investigation is very much ongoing and it's Moving very quickly I also said that last week's
announcement would not be our last and let me be Clear once again neither is today's first I'm
announcing that the southern district of New York has filed charges against Caroline Ellison
the former CEO of Alameda research and Gary Wong A co-founder of FTX in connection with their roles
and the frauds that contributed to ftx's collapse Both Miss Ellison and Mr Wong have pled guilty to
those charges and they are both cooperating with The southern district of New York give this video
a like if you remember who Caroline Ellison is You use a lot of like Elementary School math for
those who don't Caroline Ellison the CEO of ftx's Sister company the trading arm Alameda research
if you subscribe to our channel altcoin daily By the way make sure you subscribe to stay up to
date with everything going on in cryptocurrency Subscribers of our channel are already well
informed two weeks ago we alerted you that Caroline Ellison spotted Getting Coffee in New
York the reason this is interesting not only Because she was walking freely among regular folks
like you like me the reason this is interesting is Because she was spotted about six minutes away
from an FBI headquarters it was thought she Was working directly with the FBI against Sam
more information continues to come out and it Appears what we thought about Caroline Ellison
was true breaking news Caroline Ellison please Guilty to seven charges and faces a maximum
sentence of a hundred and ten years Gary Wang And FTX slash Alameda associate Gary Wang pleads
guilty to four charges and faces up to 50 years it Seems both Caroline and Gary Wang working with
the FBI against Sam bankman freed come on guys So let me get this straight Caroline Ellison
commits one of the greatest cases of financial Fraud ever gets a 250 000 bail has to surrender
all travel documents in exchange for all charges Waived contingent on cooperation with authorities
this might be Caroline's best and only profitable Trade trying to think of a good example
of a trade where I've lost a ton of money
Um well I don't know I probably
don't want to go into this So understanding that Caroline Allison and
Gary Wang both have agreed to cooperate with Authorities against Sam bankman freed Caroline
Ellison and Gary Wang both have bail agreed by The doj the Department of Justice at a quarter
million dollars this is a ridiculously offensive Low number given all their assets for comparison
Arthur Hayes the CEO and founder of bitmex this Was one of the largest most used derivatives
cryptocurrency exchanges on the planet at its time Arthur Hayes was charged with failure to establish
proper anti-money laundering kyc rules and Arthur Hayes had a bail of 10 million dollars make no
mistake about it Caroline Allison and Gary Wang Are getting sweetheart treatment by the Department
of Justice Caroline Ellison plea agreement 250 000 bail surrender of travel documents forfeiture
of assets the plea agreement would waive Allison Of any charges except criminal tax violations
provided she fully cooperates with the U.S Attorney's Office the SEC including SEC chair
Gary Gensler very happy to take credit for this Tweeting out the SEC today charged Caroline
Ellison and Gary Wang for the roles in a Multi-year scheme to defraud Equity investors in
the crypto trading platform FTX Ellison and Wang Are cooperating with the ongoing investigation
congressional representative Tom emmer reminds Us Gary Gensler and the SEC had more meetings
with Sam bankman freed and ft acts and Alameda Than anyone else in crypto allegedly to craft a
special regulatory framework designed to benefit FTX alone making back room regulatory deals with
Bad actors should not be a tool in the sec's Toolbox so that lands us here Sam bankman freed
released on 250 million dollar bail secured by His parents Remember When SBF publicly stated that
he only had 100 000 left if that to my knowledge I Have basically nothing left um you know basically
everything I had was invested in the business I Expect I'm gonna have nothing at the end of this
I ain't got a hundred thousand dollars left in My bank account last I checked and I I think I
have you know uh One credit card working with That right now earlier this summer you thought you
had what 32 billion probably 20 but uh a whole lot More than I do now I can't imagine what it feels
like to go from 20 billion dollars to a hundred Thousand dollars yeah it's I mean it's been a
really it's been a really humbling fall in in A lot of ways now he has 250 million for bail
the US government is openly rewarding bribery Now they don't even care to appear impartial it's
a message that says if you take care of us we take Care of you this is spitting in the face of FTX
victims let me update you on the latest details Again make sure you subscribe this is a developing
story we're going to keep you updated like we have Been this is what you need to know a federal judge
has agreed to release former FTX CEO Sam bankman Freed after he appeared in U.S federal court in
New York on Thursday on charges that he was The Mastermind behind the fraud and illicit movement
of customer funds inside his former crypto Empire FTX the judge set bail at 250 million bankman
freed who was brought to the U.S overnight by the
FBI after his extradition from the Bahamas cleared
on Wednesday arrived at the courthouse in New York To face U.S felony charges for the first time the
case in the U.S District Court for the southern District of New York centers on accusations
of fraud money laundering and campaign Finance Violations bankman Freed's release was secured by
equity in his parents Palo Alto California home And a long list of requirements was included for
him to remain free while he faces charges he's not Allowed to make Financial transactions for more
than one thousand dollars he can't leave the house Except to exercise and must go through substance
abuse and mental health treatment according to the Agreement so that's how he was able to do it
Barbara and Alan bankman freed have agreed to Put up the equity in their 4 million California
home where he will live during his house arrest As part of the bail two other people one relative
and one non-relative will fulfill the rest of the Bond so spf's friends and family are helping him
make bail again it must be nice to have so many Friends in high places so sbf's parents posted
his bond that is true reminder the current CEO John J Ray the current CEO of FTX said that his
parents spf's parents received payment from FTX Is there any evidence of his parents involvement
in the operations well well certainly clearly You know I get our first day papers we indicated
that Mr bankman had given legal advice okay had he Been an employee of FTX has been reported uh you
know I don't know if he actually had an employee Status but he certainly received payments from uh
the family did receive payments okay that sounds Like employment to me you got a payment for okay
I still think FTX customer deposits are being used To get SPF out of jail even if it is not directly
coming from him in summation Sam bankmanfried the Former CEO of FTX steal billions from customers
go down swinging and lying play League of Legends In your Bahamian Mansion for weeks afterwards
claim you're broke and sad get arrested somehow Make 250 million Bond spend Christmas at home
chilling make this face on the way to Mom's car By the way if you're planning to attend Bitcoin
conference 2023 let's hang out it's going to be Epic use code altcoin daily 10 off this is the
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subscribe to our channel so much information Continues to come out we're gonna have a doozy of
a video for you tomorrow and the rest of the week
