Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud
2024 ж. 31 Нау.
63 325 Рет қаралды
In written responses provided exclusively to ABC News, Bankman-Fried insists he feels remorse: “I never thought what I was doing was illegal.”
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just remember : his parents teach LAW AND ETHICS at Stanford. isnt that a joke......
Insane
And he didn't know stealing is illegal.
That didn’t get mentioned in any news stories I’ve seen Tks for posting
Jews.
They now have a good case study to use.
Tell it to your cell mate, nobody in the free world cares. A thief is a thief, suit or mask.
His cell mate just wants him to bend over......
And yet the the thieves who caused the economy to crash and created this situation get no punishment, and give themselves massive bonuses every year. Who cares about one random kid doing that when theres an entire industry of bankman-frieds and you chose to do nothing whatsoever about it as a country… Actually not nothing, you decided to protect them 🤦♂️
Fwi ....We dont live in a free world..
dude, suits get away with this all the time. lol.
@@kjm89 he is wearing a suit isn’t he🤔😂
From 2,000$ dinners to prison potatoes. What a fall.
At least he gets fed, compared to the millions of low income Americans that cant even afford groceries or meals and go hungry every day.
@@musicman76enator Let those Americans who can't afford go to prison then
@@kuyab9122 you sound like one of his Hebrew buddies
don't forget sausage on the side
Rot in jail. He knew what he was doing. He got caught
do you think he's worse than CEO whose bank got 1bill bailout and made 10s of millions eventually 100? 1 billion from you ?
@@barfbaby Probably. Crypto is unregulated/uninsured so he knew no one would be made whole when the bottom fell out
Freaking parents should join him!
Sentence should be no less than 75 years
Jesus you Americans are crazy
Mark my words he'll be out in less than 10 years.
@@recursion. With a movie deal
He got off light
💯
25 years not enough? I was gonna say it was harsh. Maybe I don’t know the case that well. 25 years for a bit of fraud is a lot in my eyes.
Because he’s a Jew
How heavy should it be
@@kuyab9122 LIFE
Hes remorseful yet thinks he didn't receive a fair trail. That guy would step over anyone to better his situation.
He actually got a good deal considering Madof got over 100 years for pretty much the same thing.
I was responsible for Millions in Cash, Drafts, Checks, Stocks & Bearer Bonds after High School. Usually wore T-Shirts & Jeans. Unlike Bernie Madoff no one auctioned off my underwear when I left Corporate America. Rot You Bastard.
Madoff wanted to get rich by cheating. (Ponzi scheme) SBF cheated, to save his company (illegally lending money from Alameda Research) His sentence reflects not only the amount in play, but also his intend.
@@jakeforrest 😂😂 Madof wasn't buying 400 million dollar mansions in the Bahamas. He used customer funds as his personal piggy bank. You have no idea what you're talking about.
@@jakeforrest He should get Life for attempting to Breed. Did you see his girlfriend ??
@@joelonzello4189 Well, he is a hippie type of guy, and his girlfriend also looked that way. Somehow he lost touch with reality, with all that money. I think he is a nicer guy than Madoff and more idealistic. That may have contributed to the sentence of 25 years, which is a low one, considering the size of the amount. I feel sorry for him, and hope he is out in 10 years.
Why are you giving him a platform and not the victims. Nobody cares what he thinks or feels ABC.
ABC...Always Been COMPROMISED!!!!!
Because he has money 😂
@@benhartart9487i bet ABC was paid for the interview. Like most media network always do
His story is more interesting.
40k people obviously 😆
The suicide victims unfortunately will have a hard time speaking out. He should get 250 years
Suicide is illegal … ironically
What about Scam Bankrupt-Fraud's parents?
😂Nothing, they said they were sorry so its all ok now ,they can go home 😂😂
Bruh he's an adult. Patents have no part in this
@@briancregar8589yes they did have a part in it, specifically his dad was involved in the business.
@@briancregar8589 parents were in on it , do some investigating before making fake comments
@@briancregar8589 his parents paid themselves millions of the money and bought houses in the Bahamas. they based in the bahamas for a reason
He did not get double life. His sentence should have been life period. We are too soft on this type of crime in America. He is young he will retire wealthy from hidden assets turned in to gold. the people who trusted him out millions.
I AGREE!!!!!
He has to pay 11 billion $ as part of punishment.
Generally speaking you’re right, but in this case, this man is officially broke for life. Even if he has more business ideas, no one will ever invest.
SBF is such a liar still shows no remorse
Should have been 75 years.
Why not 50?
He went from Freed to Fried
Another one who is remorseful about being caught. Nothing more.
Cry me a river. He obviously knew what he was doing. Denying it is proof he is where he belongs
Mother was thrown out of SuperPac political campaign donation fund she created, Father worked for and consulted his son at FTX. Parents received 10 of millions in real state, they should be in prison with him.
A textbook example of a sociopath
Now time to go after the puppet master parents. It never ceases to amaze me how some people can never get enough. Being cushy law professors at Stanford and living an affluent life was not good enough for these people. Its these types of people who are like dog whistles to Trump supporters...people who think they are better than everyone else because of where they went to school or what job they have. That is called entitlement and it is something I despise in people. Why haven't the democrats who took these illegal donations returned the money yet btw?
He should have got life. Fraud is fraud. He knew what he was doing.
Make it 26 years in Prison
I think he should spend his 25 years at Cook County Jail in Chicago. The punishment should fit the crime!!
What about all the politicians who took all his massive playoffs. Cbs won't cover that.
Wonder how much $ he has hidden offshore via his parents or in shells
Probably the majority of what's missing. So they can feed their future generations and prop up israel, 🎲🎲
He went from $25 billion dollars to 25 years in federal prison
He regrets being caught and his fraudulent actions facing justice.
Now go after Ken Griffin of Citadel Securities.
25 years for 25 billions? Put me in jail for 6 months now-500 million be enough for me and my grandkids
IF HE GET OUT IM SORRY TO SAY THIS I HAVE ZERO FATE IN THE JUSTICE SYSTEM LET HIM SERVE 25 YRS. TO LIFE!
should have gotten 50 years
The only remorse he feels is going to jail. Good riddance.
He lied to make billions, but he’s being honest now.
He sorry he got caught..it's all theatrical.
He ll come out after 5 years.. Jews hv special laws for them.
He has a damn good PR team coaching him. Still don't believe him.
These guys always get off easy!
I just wastched a video of a lady getting out on $150.000 bail for MURDER!!!!! Another one was a squater killer a person that owned the home for coming in their own home. And he won't be charged. Yet this guy gets 25 years.
When asked if he should be punished, Sam refused to answer. He has no remorse. No accountability whatsoever. He knew.
Lol ofc he know. Look up his parents and their pedigree. Who were heavily involved in embezzling company funds btw. Democratic donations do buy goodwill, though.
He should have got life without parole for stealing 10 billion. That is not justice for the lives he destroyed.
Hey SBF, how are those clinching exercises going?
Now you can hold yourself to a 'high standard' in prison 1:00
I bet his got ramen noodles stacked to the ceiling 😂
25 years is still a LOT, more than a decade, more than 2 decades….. it won’t be easy 😂
Easier if you know you have untold millions or billions stashed away. We'll never know. He should be on parole at least for life.
I love his word salad. He’s saying he did it but that his motives were not impure? Hence, a theft of 25 billion-hardly a line item error-should not be seen as so serious?! And how did he not get a fair trial? Because the media covered the case somehow tainted the process? It’s all so confusing. I can see why the judge threw the book at him.
He is completely unable to feel remorse. Almost choked on my bagel.
Haircuts in prison are free. Get one!!!
Why him alone. There were others.
Sentence is way too short.
Bernie Madoff Sam Bankman-Fried Who would be the third conman to become a billionaire to face consequences for his crimes?
#themadclown the conman of all conman, a pathological liar and master manipulator 😔
DJT
@@phecube Bingo, Fille.
"...not selfish decisions" Lol😂
Only 25 years? Wtf??
Let him marinate for another 10 years and do a follow up interview.
Wonder if he will have funds to buy canteen in prison?😅
Nothing he says is truthful.. He shouldn’t ever be let free..
It really should have been a 40 plus year Sentence! What did we learn from Bernie Medalf ?
It's always amazing how remorse usually only surfaces after getting caught.
DON'T DROP DA SOAP, SAM BANKRUPT FRAUD! 😂
Don't steal from rich people
Maybe someone on the inside will really provide justice?
A genius says he didn't know what he was doing was wrong? 😂 Hurry up and get started on them License Plates buddy.
Why are the Bank and Wallstreet executives not in prison also????
Will the victims get the money back?
2024: Sam Bankman-Fried 2049: Sam Bankman-Freed
😂😂He will go to a minimum security country club prison and then get out early , his parents ill get no time bc they are special 😂😂😂
Obviously Life Without Parole is the Only Penalty
The judge should give him a gallon jug of water base lubricant just before he gets sent to prison.
I just want my money back in full!
The worst is when criminals don't think they done wrong
He lying. He knew what he was doing was wrong. He was spending that money like water.
YES WELL, HE WON'T BE SAM BANKMAN - FREED, FOR QUITE A LONG TIME. 😂😂. SATT.
We all know they’re going to let him out in 3-5 years due to good behaviour, they’ll say he’ll serve a few more years at home with an ankle monitor, you’ll see .
The justice system finally learned how to get the top person responsible. It took too long.
The most time in jail he will spend is probably 10 years and get an early release due to "good behavior".... He has a lot of money hidden and he can get after he gets out, what a smart plan.
No parole for federal sentences, he'll have to serve every day of those 25 years, unless his appeal works and the sentence is overturned completely or with a lighter sentencing.
Tom Brady and Gisele should be in the cage together with him
The bad news is his life is F-ed but there is a silver lining - he gets free room and board to the next 25 years !!!😂😂😂
Remorse for getting caught! Hell is waiting!
his parents were fully involved, FULLY
How you gonna take responsibility and say you made bad decisions while then appealing because you think it wasn’t fair?
"SBF may serve as little as 12.5 years, if he gets all of the jailhouse credit available to him," Mitchell Epner, a former federal prosecutor
He won’t serve it. Watch and see. Something will come up, and he will be out. Might take a few years, but definitely nowhere near 25. He’s too rich and deep. The rich are always above the law.
So why can’t we do the same prison terms for hedge fund, investors and bankers and real estate investors when they defraud people make a false bubble that burst and collapse economy. ?🤔
Because they are the lobbyist that pay their way to continue to make a profit out of our debt.
Using customer funds to invest without telling them or them knowing, is illegal. Giving someone too much loans isn’t illegal. Its irresponsible. Even if it brings an entire economy down.
He definitely has a piggy bank hidden somewhere
Someone tell him how long he'll be away because his girlfriend said " we don't do math " ?
This is the first professional response from SBF, because it seemed authentic... cya in 20yrs bud
Nice RED Cowboy Boots, The new Billionaire look on GQ
When the camera's go out, lock the cell door Sam.
dude is so upset that he won't play LoL anymore in jail.
Sam Bankman got FRIED 😂 what an absolute door knob.. send his “ethics” and “law” professor mommy and daddy next
He's going to meet people inside who know someone, maybe a family member, that he stole from, and then his real sentence begins: 300lbs of Bubba! 🤣
Market makers and hedgefunds steal money from Retail Investors all the time. Why aren't they in jail?
He will be out in a couple years on a technically.
He's just sorry he got caught. Heard this time and time again.
Never trust those money changers.
What about the politicians mostly democrat who gladly took his money.
OJ walked. F sake! Give him 8. Get out in four.
The first of many perhaps?
Anyone else seeing the irony of the name Bankman fried?
he obviously has no remorse. maybe he will think about it some more over the next 25 years
His sentence should have included shaving of that awful fro..