Sam Bankman Fried JUST Sent to JAIL!!!
FULL TRANSCRIPT
well it looks like the good old fraud
Sam bankman freed may be going to jail
this is information just now breaking
that apparently uh we've got a court
trial that just uh or uh court hearing
that just began a couple hours ago but
the information is just now dripping
through that the judge is sent now to
revoke Sam bankman Freed's uh basically
home detention uh as opposed to is
basically his bail as opposed to being
in jail until his trial now usually when
you get charged with a crime you have
the right to a speedy trial so you don't
have to sit in jail for seven months or
eight months while you await your trial
but generally what prosecutors and uh
defense attorneys agree on is some sort
of agreement that says hey uh the person
can get out on bail they post some kind
of uh you know bail payment or post bond
and then they can they can stay home on
house arrest or otherwise as long as
they adhere to certain terms they don't
leave the country they don't try to
tamper with Witnesses uh or and really
they try to fall follow the rules of the
Court well apparently the rules of the
Court are not being followed yet again
which this is not the first time we've
heard about this with Sam begman free
apparently now what he's doing is he's
using a VPN and an app-like signal to
try to leak documents to the New York
Times to basically bury Carolyn Ellison
as the criminal mastermind behind the
FTX fraud or debacle or whatever we want
to call it I prefer to call it a fraud
because it was a disgrace a lot of
people do buy it including obviously
we've seen football stadiums and
referees walking around in FTX uh
outfits and Garb anyway Carolyn Ellison
in December she settled uh well entered
into a police bargain agreement where
she agreed essentially to a lighter
penalties monetary penalties and uh
potentially sentences which haven't been
revealed yet but she pled her up to
110-year jail sentence down in exchange
for essentially testifying and
supporting the investigation into how
FTX collapsed now though you've got Sam
begman freed trying to bury her
suggesting she's The Mastermind who
knows maybe this is all 4D chest out in
the background that essentially hey
since you got the plea bargain let's
just bury you uh and and get me off the
hooks is potentially what's being
thought of here but if Sam bankman freed
does officially get his bail revoked
which it looks like he is getting his
bail revoked then he'd have to report to
jail now it's very likely that his
defense team will do everything in their
power to get him back out of jail or
move up the trial given that they've
already waived their right to a speedy
trial they're going not to have a lot of
Leverage with the prosecution so the
prosecution could say sorry you waved
your right to a speedy trial just
because you violated the terms of your
house arrest does not mean we have to
now speed up the trial this means
sambangman freed could actually be in
jail without being found guilty at all
we kind of all know what he is without
being found guilty yet for seven months
until the trial would begin in March of
2024 my guess is the trial which I
really hope they public publicize the
trial uh will probably last at least a
month and uh he would be in jail
throughout all of this and then uh when
and if he is found guilty which we
expect he will be then he would just
report right back to jail so uh it's
almost like an extension of his sentence
to now but then again why is he
potentially trying to shape messaging
well according to the judge he's trying
to influence potential jurors to make it
seem like Carolyn was the real
Mastermind remember who's got that plea
bargain and that he was just an innocent
bystander and if he could get the
mainstream media saying nice things
about him versus everybody else at the
company he hopes he could get a lighter
sentence what's your take on all of this
pretty crazy and it will be one heck of
a sight to see Sam begman freed walking
into jail in cuffs potentially as soon
as today stay tuned thanks for watching
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