The Megyn Kelly Show SBF Arrested, and Trans Activism in Media and Culture, with Victor Davis Hanson, Abigail Shrier, and James Murphy | Ep. 453
Dec 14, 2022
James Murphy, a seasoned securities attorney, delves into the staggering details of Sam Bankman-Fried's arrest, discussing the fraud charges and the implications for the cryptocurrency landscape. Victor Davis Hanson, a distinguished scholar, critiques the intersection of identity politics and leadership, spotlighting recent controversies. Abigail Shrier, an independent journalist, analyzes the Twitter Files, revealing media biases and the ongoing backlash against coverage of transgender issues, urging a reevaluation of medical approaches to gender dysphoria in youth.
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SBF's Downfall
- Sam Bankman-Fried's FTX empire, once valued at $32 billion, is now facing criminal charges.
- Billions of dollars are missing, and Bankman-Fried is accused of a litany of crimes, including wire fraud and campaign finance violations.
FTX: A Fraud From the Start?
- The SEC complaint alleges SBF's fraudulent activities began from FTX's inception in 2019.
- Customer funds were allegedly misused from the start, not just during the crypto downturn.
Endorsement Caution
- Be cautious before endorsing a brand, especially in volatile markets like crypto.
- Thorough due diligence is crucial to avoid associating with fraudulent enterprises.
