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The podcast discusses the guilty verdict on fraud charges against FTX co-founder Sam Bankman Freed, the ongoing legal actions in the crypto case and the Trump fraud case, and the escalating Middle East conflict. It also covers the passage of an aid for Israel bill, Apple's sales decline, the upcoming October jobs report, and a mayor's fundraising campaign investigation. The trial of Sam Bankman-Freed is explored, highlighting the strong evidence against him and the challenges faced by the defendant. The hosts also promote the podcast show 'Bloomberg Daybreak' and 'The Big Take' from Bloomberg and iHeartRadio.
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- Sam Bankman Freed, co-founder of FTX, has been found guilty on seven counts of fraud and conspiracy.
- Donald Trump Jr. and Eric Trump testified in a $250 million civil fraud case against their company's financial records.
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Sam Bankman Freed convicted of fraud and conspiracy
Sam Bankman Freed, co-founder of FTX, has been found guilty on seven counts of fraud and conspiracy. The evidence against him was overwhelming, including testimony from insiders and his own statements to the media. Bankman Freed took the stand in his own defense but faced a withering cross-examination that highlighted inconsistencies in his testimony. He now faces up to 20 years in prison on the most serious charges.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode