Prosecution's Allegations and Strategy

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This chapter explores the arguments made by federal prosecutors in the trial of SPF, the CEO of FTX, who is accused of stealing customer deposits through a secret backdoor. The speakers discuss the prosecution's allegations, the strategy of withholding information until the trial, and compare it to other high-profile cases. They also predict more indictments in the future and analyze the motivations of individuals involved in fraudulent activities in the crypto field.

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Today’s show:

Jason breaks down the SBF trial (11:47), the peak of the crypto hype (19:15), and takes a few live questions (42:26)!

Time stamps:

(0:00) 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 https://houseofmacadamias.com/twist by using code TWIST20!

(11:47) SBF’s 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 https://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 https://Embroker.com/twist

(35:12) Witnesses and Jason's verdict prediction

(42:26) Questions from live audience!

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