FTX Founder Faces 115 Years in Prison

People went to FTX because they were afraid of being screwed over by a bank. Yet in the end, they were still screwed over by a Bank-man.

I do not understand why everyone keep calling them kids? These are grown a*** adults and they are all in their 30s. These are not kids, they are not children🙄

The part about his dad whining about a $200k salary was very eye opening and also made me feel sick. Sam isn’t an anomaly. He comes from a family of people just like him.

I have a background in legal philosophy - and after extensive consideration of the facts of the case, I have determined that Bankman-Fried only deserves 110 years in jail, and that 115 years would represent a gross, unjustified punitive penalty.

It seems to me that his parents had a much deeper involvement than what we have seen so far. Also to consider; they are professors of ethics in business/finance yet didn't know what their son was doing? I don't buy it. There is no way there is no scumbaggery on their part.

His mistake was stealing from rich people. Steal from the poor and he would still be CEO and on the board of a few major banks.

Shouldn't his parents be charged as co-conspirators? It seems they helped him do what he did and received $20 million+ themselves!

One funny detail worth mentioning. This is from the Verge article on the trial. “Cohen [SBF’s lawyer] said the prosecution was trying to make Bankman-Fried into a villain. He then showed the jury a number of photos that made Bankman-Fried look, well, bad: him hanging out with Bill Clinton and Tony Blair, lounging on a private jet, and at the Super Bowl with Katy Perry and Orlando Bloom. I don’t know why Cohen chose to remind us of these photos, but he did. Yes, the prosecution was painting an uncharitable picture of Bankman-Fried but there’s no need to reinforce it.”

Society is so obsessed with money that no one questioned how a 30 year old amassed a 30B net worth in 2 years until it was too late.

That courtroom sketch artist wasn't flattering, they made Caroline look like a melting wax figurine. I love it.

Sam’s parents held their faces in their hands after the jury delivered its verdict most likely because they saw their own careers, and everything they used their lifetime to build, crumble before their very eyes.

I didn't think Ellison could look worse, until I saw those courtroom drawings of her. Give the artist a premium!

Everyone said, before the trial, how incredible it was that he was fully incriminating himself on every podcast and interview that he could make an appearance on. The typical sign of an egomaniac and sociopath, thinks no matter what he did that it was either justified or not wrong. If he is not sentenced to life, the justice system needs to be overhauled.

That's the best laugh I've had for a while - his parents are Professors of Legal Ethics at Stanford Law. You couldn't make that up.

I have subscribed to Coldfusion since a long time when there were not that many great documentry channels. Even after so many years Coldfusion excels. The way he writes a documentary with viewers in mind is just phenomenal. Keep doing this..

The parents gave him credibility and profited off stolen money. They need to be locked up with their son

The thing with Sam's hair wasn't that he kept himself looking like trash, it's that it was a deliberate calculated decision. It shows that Sam was the type of person who would plan his image out in order to fool the public into believing he was something he wasn't. And it wasn't just the hair, Sam deliberately exaggerated how often he was sleeping at work (even staging being caught sleeping on a beanbag chair), purposefully bought low-end cars and wore trash clothing all to create this elaborate persona of a stereotypical geek genius. I think it's very telling as to what kind of person goes through those lengths to fool people.

insane that his parents knew exactly what was going on and aren't going to prison for twice as long

Whoever they hired to do those courtroom drawings of Ellison...Give that person a raise cause those drawings are HILARIOUS.

Excellent work, great video! Please consider doing updates. I am curious to see who else gets convicted and what sentencing they receive.