Former FTX CEO Sam Bankman-Fried found guilty on all 7 counts of fraud and conspiracy for stealing billions of dollars from customers. The verdict came after evidence of irregularities in Bankman-Fried's investment company, Alameda Research. He now faces potentially decades in prison. The emotional reactions and significance of the verdict are discussed, along with an upcoming book deal about FTX.

Closing arguments in the SBF trial, contrasting narratives of innocence and fraudulent intent, examination of the defendant's villainous portrayal and lack of criminal intent, challenges to witness testimonies, emotional appeal to the jury.

Guest Nic Carter of Castle Island Ventures exposes inaccuracies in a Wall Street Journal story about Hamas' crypto funding. Topics discussed include challenges in tracking Hamas' crypto funding, declining prospects for Sam Bankman-Fried's acquittal, dramas involving Lido and dYdX, and the use of crypto by terrorists. Carter also highlights the importance of concrete evidence over vague innuendo and the crypto industry's response to negative stories.

Former FTX CEO, Sam Bankman-Fried, faces intense cross-examination in his trial. Prosecutors question his knowledge of $8 billion spent by Alameda with FTX customer funds. Bankman-Fried admits to lack of oversight and denies knowing who spent the money. The prosecutor also focuses on his relationship with Bahamian officials. The trial concludes with final arguments and the potential start of jury deliberations.

Former FTX CEO Sam Bankman-Fried faces devastating evidence of contradictions and disregard for customer assets. The prosecutor exposes his involvement in Alameda, conflicting views on regulation, and derogatory comments about crypto Twitter. Intense cross-examination reveals inconsistencies in his prior statements and actions concerning FTX. The prosecution challenges his previous testimony and highlights contradictions with evidence, including his involvement with Robinhood and Alameda.

In the podcast, Sam Bankman-Fried's testimony in the SPF trial is analyzed, focusing on his contorted arguments and lack of supporting documents. The impact of the prosecutor's cross-examination and the defense strategy are discussed. The significance of bank accounts and charge conferences in a trial, as well as the inner workings of jury deliberations, are explored.

Sam Bankman-Fried, former CEO on trial for allegedly defrauding FTX customers, offers alternate explanations and shifts blame for key decisions. He admits to mistakes and denies committing crimes. Topics discussed include lack of risk management team, funds origin, and inner circle authority. Trial updates, eco serum revenue, and philosophical conversations are also covered.

The podcast discusses the potential inflows to spot Bitcoin ETFs, projected to rise above $14 billion in the first year. It explores the significance of Bitcoin ETFs for retail and institutional investors, the comparison between Bitcoin and gold, and the potential impact on Bitcoin's price. The podcast also covers various cryptocurrency news and developments, including fundraising by militant groups, regulatory efforts, and updates from Coinbase.

Former FTX CEO, Sam Bankman-Fried, gives evasive answers in a trial's evidentiary hearing. Topics covered include payment agent agreement, data retention policy, communication app usage, balance sheet transfer, and establishment of a subsidiary. Defense questions his conversations with lawyers and undermines two defense witnesses.

Bitcoin's recent price surge is attributed to the potential approval of a Bitcoin ETF by BlackRock. The rise of ETFs and their impact on Bitcoin is explored, highlighting the ease of buying and storing Bitcoin. The misconception of cryptocurrency's use in illegal activities is discussed. The US political class's lack of tech literacy and understanding of AI and crypto is criticized. The identity of the creator of the notorious roasting account named Gort is revealed. The hosts discuss Twitter feedback, computer malfunctions, and announce their return next week.