NEWS: Breaking down SBF's trial and the downfall of FTX

NEWS: Breaking down SBF's trial and the downfall of FTX | E1824

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(00:00) Jason kicks off the show
(1:42) Michael Lewis’ book and FTX’s downfall
(10:18) House of Macadamias - Get a free month's supply of Macadamia Milk with any order at houseofmacadamias.com/twist by using code TWIST20!
(11:47) The FTX trial and the prosecutor's argument
(15:42) The reasons people flipped on SBF
(19:15) Crypto hype, wash trading, and the reason for regulations
(23:31) Roots - Head to investwithroots.com/TWIST to sign up and start investing today!
(25:05) The defense's argument
(28:49) How investors look at SBF and the importance of governance in a startup
(33:57) Embroker - Use code TWIST to get an extra 10% off insurance at Embroker.com/twist
(35:12) Witnesses and Jason's verdict prediction
(42:26) Questions from live audience!
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Пікірлер: 31

@bencoleman8171 8 ай бұрын

Producer Nick is a Calacanis? I never knew. Nephew. ✅ deadest never realized. He’s quality.

@helpyourcattodrive 8 ай бұрын

33:26 Jason, yes, it makes no sense. Ty. Glad I’m listening to this.

@TimJamesSaunders 8 ай бұрын

Rule #1 of what you don't do..... What a minute isnt Citadel.............??

@ethanjennings6442 8 ай бұрын

I'm skeptical about claims that the whole company was using amphetamines. It's only based on tweets by SBF and Caroline Ellison, and it's quite likely they were prescribed since SBF has ADHD.

@BadgerMan.1 8 ай бұрын

Adam Brodie (Brody??) should be SBF in the Apple series

@helpyourcattodrive 8 ай бұрын

I’m watching this again. Thanks for doing it. I appreciate it. I really appreciate Jason’s knowledge. This guy Michael Lewis is blowing smoke up SBS’s ass. To me, that is awful.

@TravisFont 8 ай бұрын

Thank you for this perspective, for sure a different shade of the typical flavor of news.

@user-zm4ym1mc9n 8 ай бұрын

Jason Mount on the pod omg😂

@helpyourcattodrive 8 ай бұрын

27:19 they don’t get to “figure it out” with a sneaky move on customer money. 27:19 i’m just saying I was young and I got into trouble and I don’t come from a fancy background, and I knew to stop put the brakes on or I’m gonna wind up in jail. These kids are smart, but they should’ve put the brakes on. I mean there’s just no excuse you don’t steal peoples money take risks with other peoples money.

@RovinTan 8 ай бұрын

Why should investors get anything back? The customers were defrauded while the investors just invested in a failed business.

@casanico2082 8 ай бұрын

Did X Linda get snowballed twice this week? Whats "Khanference"? It had almost no media, just a couple photos on X. Or was it a Jedi meetup?

@TheJohnnyCalifornia 8 ай бұрын

If amphetamine use as alleged was actually occurring at FTX, has there been any attention or investigation on if it was prescribed or illegally obtained? If prescribed then was it a particular physician?

@casanico2082 8 ай бұрын

Very prescribed. Family friend was babysitter doctor that handed out the scripts freely.

@helpyourcattodrive 8 ай бұрын

37:53 it’s obvious that he’s guilty, but what I don’t understand, and that he set it up the way, set it up because he thought he was going to win because he was so good at trading, but what always blows my mind in a situation is how does he think he’s really gonna get away with it? I guess it’s like everyone is saying he thought he was smarter than everybody else . bottom line.

@seanwisdom6268 8 ай бұрын

wait FTX fell? Hopefully I can get my money out! Thanks for the heads up!

@startups 8 ай бұрын

good luck! we'll try and build you a time machine to 2021 in the mean time!

@teandjello 8 ай бұрын

@@startupsI think he’s trolling

@startups 8 ай бұрын

@@teandjello how dare he

@Robyn-Hood 8 ай бұрын

Jason who's Nick your brother?

@startups 8 ай бұрын

nephew!

@XtinaAlobot 8 ай бұрын

Michael Cera or Jessie Eisenberg or maybe Timothee Chalamet could play SBF

@helpyourcattodrive 8 ай бұрын

30:32 Jason he’s quoted as saying he doesn’t want to cut his hair. It’s better if he looks crazy with the crazy hair that he had and T-shirt and cargo shorts and socks, fake picture of himself with the Corolla. He knew he was presenting the persona. He’s a ConMan.

@Flexibot-AI_Shopify_Chatbots 8 ай бұрын

It's fascinating how the crypto world can resemble traditional markets in its scandals and legal battles. I wonder, if SBF is found guilty, how will this impact the perception of integrity in the crypto space?