If he didn't want to sit in jail he shouldn't have violated his release conditions
@KalijahAnderson
Жыл бұрын
Yeah, only Trump has access to that cheat code.
@paulghignon4092
Жыл бұрын
If he didn't want to sit in jail, he shouldn't have lied and stole billions of dollars.
@ripvanrevs
Жыл бұрын
I hope people realize the gov't (deep state) DOESN'T want to prosecute their golden goose and will try any way they can to make that happen.
@Username18981
Жыл бұрын
True, but that doesn't deny him the right to a proper defense at trial. We cannot throw away out rights out of spite for another.
@errorfree9301
6 ай бұрын
Why would he need release conditions in the first place? Was he convicted of a crime? Did he attempt to flee? Would his freedom endanger lives? If the answer is no to these three things, then FREEDOM should be our #1 priority in America.
@gordonshumway7239
Жыл бұрын
Getting hit with 4 million pages of documents has got to hurt! I hate to pre-judge, but this guy clearly did so much damage to so many people. He doesn’t even deny it. He’s openly going with the, “Mistakes Were Made” defense. Sorry. Not good enough …
@PureMagma
Жыл бұрын
4 million documents describing BILLIONS OF DOLLARS worth of Crypto Fraud... that actually tracks fairly accurately.
@Vincent_Beers
Жыл бұрын
It depends on what he's accused of, some crimes require intent. If you take in investments and then just fail as a company due to bad decisions; it's not a crime. If you take in the money knowing you will fail, that's fraud. I haven't dug deep enough into the evidence against him and the government obviously thinks he did it on purpose; but his defense is he had good intentions and just made mistakes. It's a valid defense in theory, but it depends on what each side can prove. If there's evidence he knew it couldn't succeed and did this as fraud, then he's guilty. If he's just an idiot and people gave him money anyway, then it's a failed business but not a crime. We can't know if it's "good enough" without seeing more of the evidence, but that's a lot of work and I'd just as soon leave it to the jury before passing judgement.
@EChan-eu2co
Жыл бұрын
@@Vincent_Beershe was misusing client funds that were supposed to be deposited in FTX. Moving the money to Alameda.
@flipper184
Жыл бұрын
I'd like to follow someone around who loses billions, I might be able to pick some up. Off the ground or whatever.
@Frankie2012channel
Жыл бұрын
The NUMBER of documents doesn't mean anything. This is a common prosecutor trick. To grab Everything but the kitchen sink (like useless items like old bills, magazine covers, diaries about a vacation that's not relevant, etc) and throw them all into the boxes so that the defendant has to spend Millions of dollars in legal fees paying lawyers and legal aides to go through them. They have to read all of them to see whether or not they're relevant or not). I don't like Sam Bankman Fried at all, but a TON of papers doesn't mean anything any more. People have to realize that the AMOUNT of paper isn't the issue, it's the quality of the evidence on the few papers that actually matter.
@rosco0101
Жыл бұрын
I work in litigation support and I deal with discovery requests all the time. It sounds like the defendant worded his document request too broadly, and the government is simply providing everything relevant to that request. A production of this size isn't unheard-of, particularly when the case involves potentially millions of individual trades. It should be noted that the documents involved here are not on paper but rather digital records. The party producing the docs typically hands the other side a hard drive containing the documents, and turning over 'terabytes' of data is actually quite common. SBF's lawyers will use software to search the documents and run analytics to find the ones that might be particularly bad.
@GamesFromSpace
Жыл бұрын
I think people are imagining a basement stuffed with boxes of haphazard pages.
@Troy_Built
Жыл бұрын
That was my first thought. If there were millions of trades there should be millions of documents.
@jasonbourne1596
Жыл бұрын
@@GamesFromSpaceSounds like if you are crooked paper would be the way to go. Even if I did have it all digital I would hand the prosecution 6 million pages of paper so they would have to physically look at each page.
@GamesFromSpace
Жыл бұрын
@@jasonbourne1596 That's been covered before, judges don't like it. They would just be asked to resubmit it digitally.
@jasonbourne1596
Жыл бұрын
@@GamesFromSpace They can ask anything they want, but they can't make you do all that, and if they do, they would have to give you months to do it. I would charge them per page just like they do us.
@petermarshall6577
Жыл бұрын
Depending on how the request for discovery was worded, they have requested ALL DOCUMENTS THAT WERE RECEIVED FROM FTX UNDER SUBPOENA.
@GuyChapman
Жыл бұрын
He is only in jail because he refused to obey court orders in respect of internet use while on bail. He engaged in what appears to be witness intimidation or tampering using his internet access.
@Metroid-rg9pn
Жыл бұрын
Steve, you do a really good job of predicting and answering what your viewers would ask
@davidswanson5669
Жыл бұрын
Also some of his best jokes are in the form of a hypothetical question by the audience.
@mariobosnjak99
Жыл бұрын
Hes done this professionally for 4 decades. He knows what the most common questions are gonna be
@chernobyl169
Жыл бұрын
What SBF's lawyers aren't talking about is the fact that granting him Internet access while incarcerated could present him with a unique opportunity to interfere with the investigation by way of submitting crypto transactions to move or obfuscate funds involved in the case. Giving SBF unrestricted Internet access could compromise the case, let's hope the prosecution and/or the judge is aware of this fact. SBF very likely has unique knowledge of passwords or security keys for large amounts of crypto that are involved in the case. Giving him access to the Internet could provide him with a method to hide illicit funds.
@salt6
Жыл бұрын
I would guess they are monitoring his online activities.
@ajobdunwell2585
Жыл бұрын
Internet when in jail is thru a Telnet portal, on a Telnet device. They record everything for review by DA and deputies.
@corssecurity
Жыл бұрын
Exploitation of evidence works both ways. Also it would be obstruction of justice. And the transaction could be traced. So yes the Judge must consider all of the facts
@jf8138
Жыл бұрын
Wow. Its almost like you think the fed would not keep tabs on him, and like they wouldn't want to track him hiding funds. They are dangling a nice bait in front of him by letting him be online, is what is happening.
@SergeantExtreme
Жыл бұрын
@@jf8138 Either that or they are complicit and they WANT him to hide illegal funds so that they don't have to keep him in jail. Remember, this is the guy who donated one BILLION dollars of his customer's money to Biden's election campaign fund. Sleepy Joe's going to want to do as much to keep SBF out of jail as he would his own son (who ironically also is in legal trouble).
@57WillysCJ
Жыл бұрын
My understanding of a large dump like that is it could hide in plain site witnesses or documents that they hope the defense will miss. I am probably wrong but there is a reason for the saying you can't see the forest for the trees.
@harrytan5579
Жыл бұрын
Wasting other parties' time and energy is another reason behind this tactic. They can't do much else is they have to look through thousands of documents each day.
@markbrown8097
Жыл бұрын
@@XCodesthey've definitely received enough minutiae to distract them from the big picture.
@PureMagma
Жыл бұрын
So they printed 1 page per person who was defrauded by his crypto scam.
@brianmeek5236
Жыл бұрын
Kind of poetic justice, I imagine many of his former customers were confronted by the same thing from him when looking for their money
@jtjames79
Жыл бұрын
To err is human, to really screw up you need a computer. I can definitely imagine millions if not billions of documents, that were previously only visible to computers are now relevant.
@equallawandorder5393
Жыл бұрын
Have GPT on your side ⁉️🤡
@jtjames79
Жыл бұрын
@@equallawandorder5393 That would be a really good way to go through all the documents.
@brianlamb7937
Жыл бұрын
They get what they asked for and whine. But be 100% sure if they found out 1 page wasn't given to them they would try to end the trial.
@MOORE4U2
Жыл бұрын
To be fair, if someone tried to dump 4,000,000 pages on me and, after reading through it all, it turns out I'm missing something important, I'd probably be throwing a fit, too. It's like someone pays you in oennies out of spite, and it turns out they're about 10,000 short.
@quintrankid8045
Жыл бұрын
@@MOORE4U2 I would like an estimate on how long it would take to read all four million pages.
@brianlamb7937
Жыл бұрын
1 page per minute reading 24 hours a day it would take 1 person something like 2778 days to read 4 mil pages@@quintrankid8045
@cgi2002
Жыл бұрын
@@quintrankid8045likely depending on the exact details on them, years. Also that could actually shoot the prosecution in the foot, as legally he has to be allowed to read every page they have given to him (not just his lawyers, but him) and as they are holding him in custody, they are also required to give him a speedy trial but that can't be done until he has been allowed to read all the documents. So by overwhelming them with paperwork, they've delayed the trail effectively indefinitely, which is in and of itself, a violation of his constitutional rights. Also there is the trial itself, they've presented all this paperwork, which can now be submitted as evidence, he can in court request they go through every single page of it with the jury. No jury is going to want to be tied to this case for the years that will take. Admittedly a judge is unlikely to allow that, but that just opens avenues to appeal which aren't good.
@gibusgodblaziken4379
Жыл бұрын
@@quintrankid8045 Mathew hoover did an estimate on this for his own case a while ago. his math wass that if it took 10 min for 1 person to do one page it would take 2.6 years of nonstop work to do 30,000 pages of discovery. so even if SBF has 40 Lawyers its going to be 8 years before they finish, if they never sleep
@petertimmins6657
Жыл бұрын
In the Army we had a saying “If you can’t dazzle them with brilliance then baffle them with bu!!$hit.” It looks like the Army isn’t the only government entity to think that way…
@Artanis1000
Жыл бұрын
But is it ok to delete 33,000 emails which were subpoenaed and get away with it?
@Bewefau
Жыл бұрын
if your Hilary yes
@gregwessels7205
Жыл бұрын
Why don't you investigate it for the 23rd time - you will get the same result. And the definition of insanity is what now?
@johnhonker437
Жыл бұрын
WHOA, HEY! You don't want to get "disappeared," do you?!
@Minionz
Жыл бұрын
The reason he is in jail instead of his parents house is he was tampering with witnesses..... He should have thought about the outcome of his actions if he wanted to be on bond. Of those millions of pages, the bulk of them are probably transaction tracking, so not something he likely needs to read.
@MarcosElMalo2
Жыл бұрын
Conversely, the prosecution can get in big trouble if it is later found to have withheld exculpatory evidence-even if it was inadvertent. So it’s best to give the defense everything from the investigation, whether it seems relevant or not.
@calebfielding6352
Жыл бұрын
show one case where a prosecutore got in trouble witholding exculpatory evidence. Our current vice president intentionally held back exculpatory evidence knowingly putting innocent people in prison. Prosicutors can do whatever they want short of shooting the judge with no consequences.
@karljay7473
Жыл бұрын
I had a judge order evidence be given to me AFTER THE CASE WAS OVER... The other side kept making excuses for why they haven't delivered. The pre-trial judge signed an order for the evidence to be delivered within 2 weeks... it was 3 days before the trial. I ended up getting the evidence 1hr before the end of the trial and the judge didn't see anything wrong with that. Justice doesn't happen in a court.
@karlrovey
Жыл бұрын
How did that not result in a default judgement?
@karljay7473
Жыл бұрын
@@karlrovey I was In Pro Per and the other side had a lawyer. They know how to work the system. The trail judge actually had the evidence and held it till we had a lunch break, so I had like 1 hour to examine the evidence. Part of it was computer source code that had my name hidden within the code. The judge really didn't give a damn. IMO, most judges don't really give a damn. I've been thru the system some 12 times and only once was the right thing done.
@Wolfpaxrunning
Жыл бұрын
@@karljay7473oh, so you litigated on your own behalf, which even lawyers almost never do as it's a good way to lose your case. Usually, pro se defendants make major mistakes, like improper filling off motions, improper evidentiary request, or other administrative errors which are not the judges job to correct. In the specific case you are mentioning, it sounds like you were demanding evidence the judge ruled against be presented, after it was barred from preceding, likely on valid grounds you disagree with.
@karljay7473
Жыл бұрын
@@Wolfpaxrunning No, the pre-trial judge ordered that I get the evidence. It included source code for a computer program that I wrote. The other side didn't produce it over and over again for more that one year. They once produced some code on an 8" floppy from the 1960s. They never produced the entire source code. The trial judge didn't have much interest in the case, he actually held the evidence himself, until the lunch break. That's when I printed it out in the court room and found my hidden name in the code itself. The judge never even looked at it. The other side was able to steal my code and use it and I had proof that it was mine and they lied, saying that it wasn't mine. As a programmer, I learned how to hide things in the code. The code actually had my name hidden in the code.
@callak_9974
Жыл бұрын
Well, at least you had very easy to prove grounds to appeal. Would also make a complaint against that judge for their actions.
@johncooper4637
Жыл бұрын
I worked for a computer forensics company. We got brought in on a lawsuit that involved emails between the two parties. We found out the the cost of retrieving the information was going to cost more than the lawsuit was asking and the case was dropped. One of the issues was the backup of the data from one of the email systems was overwritten after six months. We, too, were looking at terabytes of information. We did have forensic software that would allow very complex searches.
@tbelding
Жыл бұрын
I've let customers know similar things. Even getting FBI or other groups involved, the cost of recovering data can be insanely high. Often, it's better to tell them "Don't depend on anything from their hard drives. Just don't even bother."
@cdrone4066
Жыл бұрын
This is what they are doing to Trump, the prosecution said the defense doesn’t have to read them all, just skim them.
@EChan-eu2co
Жыл бұрын
Everything is digital these days. You can do key word search and a bit of Google-fu.
@CZpersi
Жыл бұрын
I am going to argue that sending anything to Trump in writing could be a problem.😂
@Lynn-kh5rs
Жыл бұрын
SBF was out on bail but due to his constant breaking of bail conditions with regards to internet usage his bail was revoked. The final straw for the judge was when SBF was caught with witness tampering. At this point the judge is not too sympathetic to what SBF lawyers want since they can't seem to control their client. You'd think SBF's expensive lawyers would know better than to ask for a "generic" document dump.
@cericat
Жыл бұрын
I'm not sure it's clear when they asked, they may well have done it right before getting them in the hopes of trying to be able to scrape out some more time and access to their client (which was only restricted because of the exact crap you noted) to prepare a case.
@thisiscompletelyreta
Жыл бұрын
I have seen a couple times where the prosecution withheld evidence from discovery. It does indeed make them look bad, but only after theyve been caught. And ive never heard them facing any consequences for doing so even after theyve been caught.
@rougenaxela
Жыл бұрын
When it comes to certain sorts of big high-tech or financial cases, I feel like "pages" is a bit of a silly way to measure evidence, because your underlying evidence can be a massive amount of tabular data that needs to be analyzed and summarized in some fashion to draw presentable conclusions.
@annana6098
Жыл бұрын
That's a good point.
@audiblek
Жыл бұрын
This is what i was thinking. Imagine all of the transactions people made with the bank; how many pages would that take up? All of it is probably evidence shifted through by experts
@Kurgosh1
Жыл бұрын
If they can read 1 page per minute, 12 hours a day, 6 days a week, into evidence they could finish the "data entry" part of the trial in roughly 18 years. I don't think they're going to be able to do that. It's exceptionally likely that some of the jurors who start the trial would have to be replaced partway through because they keeled over dead.
@blackdandelion5549
Жыл бұрын
@@audiblek This was some of my exact thoughts as to how many pages upon pages are transactions done by FTX not only with clients, but then trades with Alameda Research group to SBF and parties using it as their personal piggy bank. With the amount of clients FTX had that were individual along with the major firms who put in millions and millions of dollars to teacher's retirement unions who placed money in there and the switching of funds to tokens or giving Alameda Research loans on the customers money that has to be an enormous amount of transactions, even per day. It's about turning that data into graphs and presentations to show where the money is coming from and going to. No court wants to see millions of pages of data of transactions with the time, date, amount, cost, who, etc., but showing a pattern of money coming, being transformed into tokens, and possibly loaned out or spent is vital to the entire case.
@Generichjm
Жыл бұрын
In other news, 50,000,000 people are getting their lives ruined by State Prosecutors working for “the big guy”.
@michaeldayton2635
Жыл бұрын
SBF donated hundrwds of millions to liberal political campaigns. The vast amount of discovery documents mean that the prosecution is giving numerous avenues for appeals. He will not see any meaningful jail time and saves "the big guy" from needing to pardon him.
@gantmj
Жыл бұрын
Who are the 50,000,000?
@gregwessels7205
Жыл бұрын
And which states, exactly? I seem to be excluded so that's good.
@mzimm460
Жыл бұрын
These people don’t know who he is his work for the DNC and who he ripped off
@paulbork7647
Жыл бұрын
I had a large case (attorney fees not material to litigation substance) where the other side had a huge document request. We answered their document request: 600,000 documents, electronically, no index, just as they requested. They complained to the judge, saying they wanted us to oppose their document request and seek reasonable limits and not to comply. They asked the judge to allow them to supplement and ask us to index (time for discovery had elapsed). Judge was adamant, your request didn’t seek indexes or segregation, you admit they complied with your request - at great cost. Move on and the trial date will not move to allow you to deal with your lack of discovery skill. We won that case. On spoliation, I’ve seen a judge (federal) allow the other side create a replacement document(s) which the spoliation party had to treat as if they created and were ordered not to indicate anything else during trial on penalty of being defaulted. Some judges take discover integrity seriously. I also saw document folder by a manager in a area of concern labeled “Bad News Documents,” in which he collected all the documents which fit that label. It makes it very easy for the other side to find them. Thanks Steve.
@gholland5840
Жыл бұрын
Bad news documents...
@mclt8883
Жыл бұрын
Paul , thank you for sharing that with us.
@Nickle314
Жыл бұрын
On spoliation, I’ve seen a judge (federal) allow the other side create a replacement document(s) which the spoliation party had to treat as if they created and were ordered not to indicate anything else during trial on penalty of being defaulted. Some judges take discover integrity seriously. ======= Can you explain more.
@orppranator5230
Жыл бұрын
I agree with Nickle, can you explain more?
@tbelding
Жыл бұрын
I agree with Nickle as well. I've never even HEARD the term spoliation used outside of general destruction, such as "spoilation of the Church". "On spoliation" makes it sound like it's a special process invented by lawyers with a garbage name to confuse people. (even then, I usually see 'despoil' )
@herbtapp3031
Жыл бұрын
Uh OH!! some lawyers rates just went up 25%. hope Fried stashed some real cash away somewhere in this grift.
@knghtbrd
Жыл бұрын
SBF's lawyer will do and say anything to get him released. I guarantee if he gets out, he WILL vanish and we won't know what happened to him nor even be able to reasonably guess. On an island or under one, whichever.
@yocobicus
Жыл бұрын
I am almost surprised by the amount of money Sam and other FTX employees gave to both sides of the party and many different politician groups. That he didn't vanish from his house in the Bahamas as fast as J3ffrey Epst3in Island l0gs. I'm glad he wasn't able to vanish and face trial. America needs the truth on this.
@paulghignon4092
Жыл бұрын
Doubt it, this kid is habitually online. He won't run off to an island because he needs his internet connection to play league of legends. The reason he's crying for internet now is because he's a spoiled child who's throwing a tantrum over not being allowed to go on the internet.
@skippylippy547
Жыл бұрын
He already bought an island. He'll probably go there.
@andrewlove3686
Жыл бұрын
He'll be with epstein in tel Aviv isreal.
@drwalker9093
Жыл бұрын
@@skippylippy547 You think he'd go to the one we know about?
@jwcletcherii7896
Жыл бұрын
The pretty-one (Melissa Torme) in "My Cousin Vinny" discovered discovery. I'm surprised that everyone who watched the movie doesn't know about discovery. I was corrected--it was Marisa Tomei! As an old curmudgeon, I should have stuck with "pretty-one".
@kmstins
Жыл бұрын
It's Marisa Tomei. 😊
@hxhdfjifzirstc894
Жыл бұрын
Yes, Mel Torme is a different person entirely (gooble her).
@jwcletcherii7896
Жыл бұрын
My mistake was naming "Melissa Torme" and not her father "Mel Torme" instead of the correct actress in "My Cousin Vinny" as "Marisa Tomei". "Mel Torme" was a musical prodigy and started singing professionally when he was about 3 years old.@@hxhdfjifzirstc894
@CharlesBallowe
Жыл бұрын
I'd expect the discovery would have been something like "give me all documents about ..." And the prosecutors loaded up their case file, searched the term, and hit "export all". If the case file is like... All documents, chat logs, email, etc from ftx and the term was something like "Alameda" - it could be huge. Or even "all documents you got during your investigation" which might be a lot. You really don't want the ones they plan on using, you want to find the ones that show you're not guilty that the prosecutor wouldn't use.
@nateo200
Жыл бұрын
Criminal discovery is absolutely insane
@CharlesBallowe
Жыл бұрын
@@nateo200 I don't know if it's insane - it's basically the defense saying "turn over all of the evidence you gathered when building your case" and failure to turn over something that might prove innocence is a problem. So, they turn over everything - avoids the "you had this piece that proves innocence and didn't turn it over" issues. White collar crimes are bound to be more document heavy, but also, the documents are likely ones produced by the defendant anyway (like all corporate communications from ftx - arguably sbf should be aware of anything in that set even before he was investigated. If he knows of documents proving they did the right thing, he should be able to give his lawyers some useful keywords)
@johnbaran577
Жыл бұрын
He violated his bail terms so he is screwed
@keithduthie
Жыл бұрын
The amazing part is how many chances they gave him before they revoked his bail. The judge was certainly ready to revoke it well before the prosecutor finally requested it.
@steveladner4346
Жыл бұрын
Muddying the water to help hide what really happened.
@Music-lx1tf
Жыл бұрын
Same thing they're doing to TRUMP. 11 MILLION in ihs case.
@keithduthie
Жыл бұрын
No, I doubt they'll be _that_ well organised and indexed.
@Music-lx1tf
Жыл бұрын
@@keithduthie Good point
@Chef-vg4pu
Жыл бұрын
He needs to go to prison……..crook.
@Vampier
Жыл бұрын
he will not go to jail
@allangibson8494
Жыл бұрын
He is already in prison (for breach of bail conditions).
@etikilam
Жыл бұрын
All that does is just mean that you need to get more review attorneys.... 4M pgcount isn't that bad for large profile cases like this, on avg, that could be between 7-10 pages per document so 580k - 400k documents, not that unheard of. On the note of a larger review team, yeah it's a greater expense, but for financial institutions it's not unheard of. For banks, you might have an avg pgcount of 2-4 for any doc that's imaged, so 2M on the high end for doc count, still not bad. Last edit: in an attempt to make that doc count seem reasonable, remember that every single client that SBF had would have had a file on them like their account into, mailing/contact info, investments per month (a file per month) along with returns per month, etc. But using only the docs mentioned previously and assuming only 12 months, that's 26 documents per person. How many thousands or tens of thousands of people were there that invested with them? This is also not including all email correspondence (each reply is its own document as well) and just focusing on the clients he had. If you look at the gov side, how much paperwork did they have to regularly file, and some of those docs are 50-100 pages long easily. So to wrap this up like a rushed christmas present wrapping job, the 580k docs is on the low end of what should be expected for a financial case like this.
@WMHinsch
Жыл бұрын
That sounds like an overwhelming number of pages. However, as Steve pointed out, an individual document (for instance a transaction log of millions of transactions) might constitute tens of thousands of "pages" (were it printed) by itself. The key is to use digital tools to analyze digital documents. Six weeks is still probably unreasonable, as it takes time to tool up, then coordinate resources to catalog and analyze that much data, no matter how good your tools are. However, six more weeks might be quite reasonable, especially if follow-up questions about which documents are likely to be introduced as evidence are answered in short order.
@Nickle314
Жыл бұрын
SBF just takes a witness and goes though each document, page by page.
@josephrichter826
Жыл бұрын
The DOJ has tried everything to let this guy walk.
@hxhdfjifzirstc894
Жыл бұрын
Gee, I wonder why. It's almost like the DOJ is run by the same people who benefited from the FTX money laundering scheme.
@slimj82
Жыл бұрын
Facts!!!
@gizmo-xc4eb
Жыл бұрын
Yup. He is the second largest donor to the pedo party (democrats)
@charliebuzik9317
Жыл бұрын
That's because he is a big joe biden donor that why
@TheWatcherxx99
Жыл бұрын
Unlike someone else in the news 🎺
@AlanTheBeast100
Жыл бұрын
The old BLIND 'EM WITH PAPER approach.
@alexmcd378
Жыл бұрын
Repeat after me. Regular expressions are your friends. Come on SBF, you're supposed to be so awesome and techie. Nevermind that fully half those pages could be one document, the block chain ledger.
@DCG909
Жыл бұрын
This guy should never be allowed access to the internet, there are still millions missing as far as I'm aware...
@rationalbushcraft
Жыл бұрын
My brother was an accountant who was a expert witness. That was a technique he used only opposite of this case. He would request so much discovery evidence that the opposition would find it easier and cheaper just to settle.
@Onwaxwings
Жыл бұрын
🙄 suuuure
@alexnorth2452
Жыл бұрын
Pretty sure your brother would have to pay all fees in this scenario, and if this was true, it would mean your brother was trash, so which is it?
@basillah7650
Жыл бұрын
both @@alexnorth2452
@katiehale4411
Жыл бұрын
The amazing thing in this case is why did so many people trust someone like Bankman-Fried with their money.
@Meowmeow.age.6
Жыл бұрын
Greed
@joeambly6807
Жыл бұрын
Because none of this was obvious until about a month before ftxs fall
@AV57
Жыл бұрын
I was horrified to find out that my managed retired fund included FTX stocks. When he was called out, my fund decreased about $6,000. I had no idea my retirement fund included risky bets, like cryptocurrency BS. My negligence is part of it, but it’s not like I went out of my way to trust this guy or any other crypto project.
@katiehale4411
Жыл бұрын
So why did your fund managers invest in this guy. They didn't vet him. Hold them responsible.@@AV57
@katiehale4411
Жыл бұрын
My point exactly. Why did no one check him out?@@joeambly6807
@tomh2525
Жыл бұрын
I practiced law 44 years and was involved in a lot of litigation. I strongly suspect that there is probably some good evidence in there for the defendant and the govt. is hoping to bury it like a needle in a haystack so the Defendant doesn't find it.
@hxhdfjifzirstc894
Жыл бұрын
Nonsense -- the whole game is to protect the Crime Syndicate. This guy was laundering money to politicians (by coincidence, the same people who run the DOJ).
@harrytan5579
Жыл бұрын
Or it's a 10 billion dollar crypto scam that naturally has a lot of documents. A few TB of data is nothing for web-based companies, not to mention FTX disguised his fraud with shady accounting.
@TheWatcherxx99
Жыл бұрын
Or they are hoping the public don't see certain information
@yocobicus
Жыл бұрын
However, he rejected the defense’s request to bar prosecutors from using 4 million pages of evidence that surfaced in recent weeks due to “late production,” pointing out that Bankman-Fried had “unfettered access” to the materials from his parents’ home in California until he was detained on August 11. -forbes I also remember reading somewhere that Sam has team of 12 defense personnel. Prosecutors should really highlight that note and ask the question and create an exhibit. Where did Sam get all that money to hire that many people?
@nojuanatall3281
Жыл бұрын
Look up who SBF's parents are. Look up who he donated to. Finally, Look up which group he belongs. The answer is a combination of the three I'm sure.
@harrytan5579
Жыл бұрын
His bond was only 250 mil, he had plenty left to hire the lawyers.
@Legion-xq8eo
Жыл бұрын
@@nojuanatall3281yup so true, I wondered why he had such a close connection with democrats and was one of if not the top donor to the DNC and then I read about his parents and it all kinda clicked!! Both work/worked as professors at Stanford and specialize in taxes so to think he’s in trouble with taxes accidentally is unfathomable!! Don’t forget his dad also worked for FTX for 11months and also helped FTX find it’s lawyers since he’s a tax lawyer himself, he attended meetings on Capitol Hill with his son, & advises his son as he was set to testify before the House Financial Services Committee yet they say he was not involved with running the company!! His dad even worked on charitable campaigns so no doubt they moved millions and I bet that’s where his defense fund is coming from. I mean we’re not talking about just just normal lawyers or even normal tax lawyers, both are highly accomplished professors teaching or have taught at Stanford and live in San Fransico!! I bet they have Nancy Pelosi’s number on speed dial lol I bet if u looked thru their contacts in their phone it looks like a list of whose who’s at the DNC!!
@buildingwithtrees2258
Жыл бұрын
He's a Democrat. He's the largest Democrat donor. He'll walk free when he has his trial in 7 years.
@blueyedevil3479
Жыл бұрын
One of his parents (if not both) are on the board for the World Economic Forum
@livinginvancouverbc2247
Жыл бұрын
SBF's lawyers "Hey! You're overwhelming us with BS!" SBF's prosecutor [does very stupid-looking hands-only dance with completely blank expression on face] "This is what it feels like to prosecute the world's youngest self-made billionaire conman!"
@javaskull88
Жыл бұрын
I think SBF is about to be introduced to consequences. Based on his arrogance and indifference to the plight of others, I’m not sure he’s ever had to deal with them before in his whole life.
@blackdandelion5549
Жыл бұрын
Actually his mother wrote a large paper on how she raised him and why positive parenting is good and consequences are bad. I also know someone who believes in this theory. By 8 and 10 their boys had broken their 60 in TV for fun and also lit the house on fire to a point FD had to come and insurance needed to pay for repairs. The boys are currently in middle school and on has been kicked out and both have significant write ups and issues. So SBF's mother is majorly into not giving consequences and it shows. If you know his entire story he actually made his business partner for Alameda Research leave because of his behavior and approx 50% of the staff walk off with the other partner. He doesn't really think the rules apply to him and Momy and Daddy have always gotten him out of trouble.
@bluephreakr
Жыл бұрын
_Your honour, I'm holding in my hand what's been marked "People's exhibit 3,978,456…"_ *_"…-B"._* That got me good Steve.
@corssecurity
Жыл бұрын
Ok so a bit of perspective then. 12 million pages of discovery evidence dropped on top of 2 million documents defence already had. Trial is six months away. Reading, not preparing a defence or examining evidence for exculpatory evidence, just reading will require 77,000 pages a day. Or 5,400 pages a minute from now till April. This is regarding a RICO trial in Georgia. Another RICO case is in its second year and they are now picking a jury.
@richardkalmwater5996
Жыл бұрын
Unethical DAs flood the defense with BS discovery documents which: (1)Wastes the time of defense lawyers increasing their clients legal fees in order to bankrupt the defendant. (2)Hides exculpatory evidence creating the "needle in a haystack" scenario and possible succeeding in preventing the defense in finding pertinent evidence to defend their client. Unethical lawyers who believe the ends justifies the means... BTW: Alan Desrshowitz says he might be able to review 1000 pages of discovery a day. And he says he is an exceptional fast reader...
@PureMagma
Жыл бұрын
Cases get continued all the time.
@AlanTheBeast100
Жыл бұрын
Why such are scanned, OCR'd and keyword/key-phrase searched - otherwise: BLIND 'EM WITH PAPER!
@markmark63
Жыл бұрын
They don't read them anymore. It was pointed out in the Georgia RICO case the defence uses machines and computers to read and sift the evidence.
@rosco0101
Жыл бұрын
@@AlanTheBeast100 There's no paper these days. Everything is digital.
@Mexican_Marauder
Жыл бұрын
Imagine being hit with over 12 million focuments plus 10 terabytes of data and only have 5 months to prepare a defense. That's not counting witnesses and their testimony. The justice department is out of control. I'm not saying anybody is innocent, but they are trampling all over due process.
@Absaalookemensch
Жыл бұрын
That's a lot of toner to print it out.
@djfassler
Жыл бұрын
It’s hard to be charitable in interpreting the prosecutions actions here. If it looks like the government is being petty, abusive, and spiteful, it’s because the government really is petty, spiteful, and abusive.
@_Patton_Was_Right
Жыл бұрын
"WE DEFEATED THE WRONG ENEMY!" Now they are destroying us from within
@magetsalive5162
Жыл бұрын
I do not trust that the government actually cares about bringing this guy to the justice he deserves. He has given too many parties within the government too much money. I don't know exactly how this discovery deluge dump is meant to advantage him, but I won't be surprised if he somehow gets his case entirely thrown out or severely reduced because of it. I suppose it's a crying shame that I no longer have any confidence in our judicial system.
@paulsalb1686
Жыл бұрын
Ben's underneath Viper car
@AllanDeal
Жыл бұрын
Money will buy you pretty much anything especially in the legal system if this was done by the average Joe we would already be locked up 😂
@purplesprigs
Жыл бұрын
Uh...he IS locked up.
@AllanDeal
Жыл бұрын
@@purplesprigs agreed he is in jail but only after he got caught trying to contact witnesses or something along those lines
@yocobicus
Жыл бұрын
@@purplesprigs Sam's complaining about his prison meals and his lifestyle. Based on the Bahamas apparently, he was given access to the Internet. He was allowed to do almost anything he wanted. He was in his own little private area. Then on house arrest he was living in a 1.8m dollar home with any imaginable pampering. He's crying in his Manhattan detention center that he feel he needs a better life than most Americans will ever have access to…
@alexdominique884
Жыл бұрын
Steve, there should be no excuse by all of us not knowing that discovery exists. We all learned about it in the movie My Cousin Vinnie...
@idristaylor5093
Жыл бұрын
Ben undersealing the Viper.
@proudpups4652
Жыл бұрын
Great catch!
@michaelgarrison688
Жыл бұрын
Dam just late. Had to reset video resolution.
@user-no1cares
Жыл бұрын
Took 2 full minutes for me to find Ben under there.
@QuietRiverBear
Жыл бұрын
Are there really people who haven’t watched “My Cousin Vinny.”? Sheltered.
@TheOrangeRoad
Жыл бұрын
It aint what you've done, it who you know
@charlespaine987
Жыл бұрын
Why should civil level of proof have different levels than criminal. Proof should be the same . The right to not incriminate your self should not disappear.i realize this is my opinion only.
@Nickle314
Жыл бұрын
I've used that tactic. The real damning information is scattered through the entire site. What interesting when it comes to reports, is that the actual data is at the end. Read the conclusion, then read the info at the end to see if its back up by the data. In particular when it comes for paid for research
@nickhettelsater4769
Жыл бұрын
Maybe the government could bundle all four million pages and drop it on SBF from 50 feet.
@joeblow8593
Жыл бұрын
I heard that he was going to get off Scott free but I guess that story was bogus.
@AC-yj8cx
Жыл бұрын
Wait until he's sentenced
@erictaylor5462
Жыл бұрын
I remember reading this thing on Wernher von Braun. The Government knew who he was and even then they knew that the next step in war was developing ballistic missiles. They knew Von Braun was the best missile man alive and they wanted him. But if he was guilty of crimes against humanity they would have no choice other than sending him the War Crimes court. US Officials examined his records and then destroyed them. If he had not committed crimes against humanity then his record would have shown that. But it would also show if he had.
@richardpurves
Жыл бұрын
Cracked and Fried
@JuanDaringMann
Жыл бұрын
People who watched My Cousin Vinny know about discovery.
@fredflintstone8048
Жыл бұрын
The perfect application for a good AI to scan all the data.
@absalomdraconis
Жыл бұрын
I would not be surprised if most of that data is just a handful of databases containing e.g. transaction records. I'd even be a bit more surprised if that _wasn't_ the case, as automatic generation is one of the easiest ways to generate obscene volumes of data (accidentally done it to myself).
@thatjeff7550
Жыл бұрын
I wish I had known about discovery and heard your story about the ageism case back in the '90s. My dad and a few other co-workers were fired and they suspected it was due to their ages. They didn't sue because they weren't sure they could prove it. However, if we had known all about what you say here there might have been a possibility they had a case.
@ProleDaddy
Жыл бұрын
They would have to already be in possession of damning evidence or have enough money to pay the lawyer to work hourly for the entire projected time the suit would take in order for him to even get a lawyer. Under capitalism, only those with capital have any rights. Those with capital are employers.
@peteengard9966
Жыл бұрын
How many say? This page left intentionally blank. No it isn't! It says this page left intentionally blank!
@nickanderson8305
Жыл бұрын
No one believes this will be fairly adjudicated. This guy is on their side so he will get off with a slap on rhe wrist
@yocobicus
Жыл бұрын
Honestly right when FTX went into bankruptcy. If I was Sam prison might be the best place. Things have cooled off with people with regret I would say. But if I was a corporation even McDonald's. Where is Sam going to work for the rest of his life? I would not hire him, and I would make sure nobody gave him handouts. There is no amount of undoing that can fix this. His beliefs, his morals. Never aligned with what he was actually doing with arbitrage. Arbitrage is a form of usury. You're abusing a system by gaining monetary value out of a glitch or a process that doesn't update in real time for each piece. No amount of arbitrage will allow you to obtain two cans of soda for the price of one. The cost always falls on to someone else.
@hxhdfjifzirstc894
Жыл бұрын
Yep, just like they tried to give Hunter Biden a sweetheart plea deal, to prevent ANY further prosecution for ANY crimes. The DOJ is literally acting as a firewall for any prosecution of corrupt politicians, especially those that took laundered money from Sam Bankman Freid.
@mr.skipper4544
Жыл бұрын
How much money did this guy give to political parties and what political parties did he do🤔🫢
@jakedode
Жыл бұрын
Offer him life in prison no parole, if he returns every penny.
@davidbardsley9350
Жыл бұрын
I know what discovery dumping is where they hope to bury the key evidence, but given the nature and scale of this case this seems appropriate
@MrKillerRC
Жыл бұрын
Why aren’t any of the Democrats that he donated money to returning the money?
@TheSLOShadow
Жыл бұрын
Same reason as the republicans bruh
@TheOrangeRoad
Жыл бұрын
Because they can clearly put it to better use, they know whats best
@richardpurves
Жыл бұрын
Already spent :D
@qbaby3381
Жыл бұрын
They had a judge o excuse them so they didn't have to pay it back.
@davereiland9921
Жыл бұрын
Bankman-Fried’s tribe controls both sides.
@lordofthemound3890
Жыл бұрын
Haven’t these people seen My Cousin Vinny? Discovery is all laid out there!
@bobwatson8754
Жыл бұрын
40 or so years ago I worked for a Fortune 500 company that responded to a discovery request by delivering a semi-trailer load of documents. In no particular order.
@realalbertan
Жыл бұрын
Its all electronic these days
@linksbro1
Жыл бұрын
The gov first tried covering for him, but then he kept pushing things further and further, and the Witness Intimidation was one step too far.
@NuncNuncNuncNunc
Жыл бұрын
Maybe if he hadn't been so eager to run his mouth he could still be accessing high speed internet poolside at his parent's home.
@lilsuzq32
Жыл бұрын
Ben Hundo's getting run over by the red Viper (top shelf, left)
@quiet1050
Жыл бұрын
I learned about discovery from my cousin Vinny movie
@darkguardian1314
Жыл бұрын
With an average of 500 words per page and reading at 750 wpm, a person can finish reading (nonstop) all the documents in about 317 days. New meaning for the phrase “going blind doing paperwork” 😂
@ninehundreddollarluxuryyac5958
Жыл бұрын
The guy who took all the money is named "Bank Man"? No way thats his real name. If he gets the electric chair, will it be Bank Man - Fried?
@flipper184
Жыл бұрын
WINNER!
@justsayen2024
Жыл бұрын
I watch My Cousin Vinny and that was discussed😂 when Marisa Tomei told Vinny about discovery classic movie. It was likely that this man was close to retirement and they didn't want to pay for his pension.
@flipper184
Жыл бұрын
I got a close look at that in a border state when I had to pay my $1000 fine in cash straight to my defense lawyer. No fancy legal stuff there.
@tommytooreal4152
Жыл бұрын
Enforce Public Law 108-447, Section 111 , Passed in 2004.
@jamessimms415
Жыл бұрын
Ben lying underneath the Viper, Steve’s right side
@jackerocket
Жыл бұрын
There are people who have not seen My Cousin Vinny?
@warhound7781
Жыл бұрын
Yet they lose all the documents when they get caught....
@gizmo-xc4eb
Жыл бұрын
Like how the Clinton’s conveniently lost the entire Oklahoma building documents on their white water scandal. *NOTE* A Noble Lie
@CherylPix62
Жыл бұрын
It’s like Killary C all over again! Plus Watergate!
@garywarmanen3987
Жыл бұрын
This is the exact thing they are doing to trump.
@edwardwood6532
Жыл бұрын
Lots of paper can be dumped as discovery documents just to confuse the other side.
@beekeeper8474
Жыл бұрын
Like how they dropped the real charges
@DavidBall-v5i
Жыл бұрын
Nothing to see here. Bedfellows?
@captianmorgan7627
Жыл бұрын
Where I work we're trying to hold on to all our employees, especially the older ones since they have all the experience.
@johnnyllooddte3415
Жыл бұрын
ahahahah 4 million pages.. hes doomed
@sunchips5
Жыл бұрын
Here is my take: When the prosecutor provides 4 million pages of documents, on its face (assuming without otherwise good information of how it is organized and available to be manageably dissected) it is not a good faith response to the request. If the government has such a strong case, they should bend over backwards to honor the request, so as to maximally ensure the defense had their rights of due process honored. The prosecutor should honor the request lock, stock, and barrel and make the provided info to the defense as crisp, clear, and concise as humanly possible.
@Nickle314
Жыл бұрын
So lets see. 50 pages an hour for each government witness. Will they answer questions on each one? 115,000 days. Round about 571 years of cross examination
@tech4life884
Жыл бұрын
You don't pronounce freed as " Fried". Fried has only 1 pronunciation. Its FRIED as in FRIED CHICKEN.
@ZedAlfa.
Жыл бұрын
🔎Sam, WHERE’S THE💲⁉️🔍
@leofredette19
Жыл бұрын
& yet if they didn't turn it all in, they would file appeals for not receiving all the documents
@thehellyousay
Жыл бұрын
4 million pages! The trees! Won't someone think of the trees ...? The poor trees ... Oh, the squirrels!?! And the lowflying owls ...
@mitchelyates9715
Жыл бұрын
also would be cool if you could mention that 4,000,000 pages = 8,000 reems of copy paper = 80,000,000 pounds of paper = 2,833,333x3,666,666x833,333 cubic feet not sure if the math is right on the volume...
@stevejette2329
Жыл бұрын
A plaintiff's attorney may make huge files, give them to jurors, court, defendant, because a jury will assume it is a MOUNTAIN of evidence. Perhaps only 10 pages have relevance.
@freethebirds3578
Жыл бұрын
Bury him with paperwork because actually burying him now will look suspicious.
@sleepyearth
Жыл бұрын
They never did said it's real paper though. We call pdf pages too.
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