Sam Bankman-Fried

“This is one of the largest financial frauds that we've seen in a long time.”

“Caroline Ellison testified to preparing balance sheets for the company and then at Sam Bankman Free's request, preparing what he referred to as alternative balance sheets. And those were basically Copies of the balance sheet where she would move around or rena…”

“I think that may ultimately not be super relevant to Sam Bankman-Fried's legacy. I think it's hard to overcome the perception in the public eye that he was a fraudster, which, you know, he was regardless of whether or not customers are made whole.”

“There is this moment, right, in the trial where Caroline Ellison mentions that he told her that he was utilitarian, and therefore, if he thinks it makes the world better over time, it's okay to lie and steal.”

“I think that even if effective altruism under that name does not continue to exist, I think the philosophy will.”

“A lot of it went to venture investments. So Sam Bankman Freed was investing in a bunch of different companies, Anthropic being one of them and he decided to do so through Alameda for a lot of them just to avoid having his name associated with it.”

“Yeah, I think you will be found guilty, at least on, you know, substantial number of the charges. It's hard to say, and I'm certainly not legally qualified to. ... Yeah, so, I think that, you know, 1020 years is probably the minimum that we'll be seeing but I …”

“And then there were also emails from his mother, who was a very active political, ah, sort of philanthropist. She ran a fund to try to donate to progressive causes, and she was effectively making, you know, giving advice in these emails about making straw dona…”

“And so I remember saying, okay, I'm going to give this guy non-voting shares. I'm not going to put them on the board. He sounds like a, you know, he sounds like a bad person to deal with every day.”