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Against the Rules with Michael Lewis
Judging Sam: The Case Against SBF
Oct 3, 2023
Former multi-billionaire and CEO of crypto exchange FTX, Sam Bankman-Fried, is facing trial in the Southern District of New York, presided over by Judge Lewis A. Kaplan. In this episode, Michael Lewis speaks with court reporter Lidia Jean Kott and former prosecutor turned defense attorney Rebecca Mermelstein about the charges against Sam and what to expect from the trial. They discuss Sam's rapid downfall, potential prison sentence, unregulated cryptocurrency risks, fraudulent transfers, and potential charges in a civil lawsuit.
30:28
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Quick takeaways
- Sam Bankman-Fried, the CEO of crypto exchange FTX, is facing trial for financial crimes, including defrauding investors and stealing money from customers.
- The trial will involve witness testimonies and forensic evidence to support the charges against Sam Bankman-Fried.
Deep dives
Key Point 1: Sam Bankman-Freed is on trial for financial crimes
Sam Bankman-Freed, the founder of cryptocurrency exchange FTX, is currently facing trial for financial crimes that could result in a lengthy prison sentence.
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