FTX's Sam Bankman-Fried is a 'pathological liar' and a 'con man,' says Jim Cramer

'Mad Money' host Jim Cramer and the 'Squawk on the Street' team react to Sam Bankman-Fried's interview with CNBC's Andrew Ross Sorkin at The New York Times' DealBook Summit on Wednesday over the collapse of FTX.

[@suleimanpeshawari1032]

Cramer loved him and spoke highly of him not so long ago! I guess that was a sign

[@Matt-bg5wg]

In the financial world we usually do the opposite of what Jim Cramer says. However this is a rare moment where he’s actually right. Even a broken clock is right twice a day.

[@lawrencegullifer4093]

He’s right after the crime has been comities and Sam exposed lol so in essence he is right about nothing . Months ago he called Sam the jp Morgan of crypto

[@tinman7342]

Typical Cramer though .....after the trade has already happened he's right there to tell you .....he didn't have anything negative to say about Bankman Fried till now ....suddenly it's obvious ?

[@hw6271]

Jim Cramer knows frauds and scammers in the same way kindred spirits know each other

[@thatrandomchannel8589]

Well he called it after the obvious. Before that he called him this generation’s J.P. Morgan.

[@derekjorden3845]

Someone once said “a broke clock don’t tick-Tok… it might be right, it does it in silence. This is looking more and more like a creamy brush over that they are expecting to get lost in the shuffle.

[@zinovate1]

Wasn't he the next JP Morgan.... Way to go Cramer

[@randomyoutuber7898]

I've been trolling on yt saying Jim Cramer isn't a stock analyst. He's a comedian 😅

[@novusords]

Didn’t he get cancelled for saying the N word

[@LEARSIKCIGAM]

Cramer does it again!

[@Dan16673]

@@randomyoutuber7898 he is

[@ro6742]

He maintains his “perfect” record.

[@therealshemphoward1752]

Cramer's the kind of guy who correctly predicts 9-11 on 9-12

[@Alberta1stPodcast]

Hahaha haha yessss!! That going in my arsenal

[@archimedes2261]

Lol 😆

[@tylere.8436]

Or predicts 9/11/01 will be a wonderful day for New York City.

[@Jake-Day]

His parents work in financial regulation. He knew what he was doing.

[@Nancie6290]

Wow . Then they should come forward and sell off the property and other assets he “ bought” . Buyer beware also , if it sounds too good to be true it is . Sad that everyone at the top that could afford to give him tons of money only want more .

[@JoeKnowsWorst]

he basically pulled an Elizabeth Holmes, being the principal owner of a company and saying he had no idea of anything that happened in the companies he ran… he is a greedy thief and a liar…

[@deedunk8383]

Facts they are probably behind this all.

[@JoeKnowsWorst]

@@deedunk8383 he was the one with college degrees that was intelligent not them.. but either way they were his companies so it’s his fault

[@MythicalPhoebe]

(((Financial regulators)))

[@billboyd1885]

Wait a minute here… wasn’t Cramer pushing SBF and FTT just a few weeks ago? This guy was the next JP Morgan, right?

[@MH-et5sn]

Yes. To be fair, FTX fooled a lot of people. Some in the crypto space were suspicious of him but they really know their stuff.

[@jonahansen]

Right.

[@seesidesummerhouse6112]

An important thing to remember any time you see their finance ‘tips’. They’re completely incompetent.

[@Jocky8807]

@@seesidesummerhouse6112 very true. Most thinking and very boring people already spoken about this many times. Even without checking. Munger: crypto = crap. Why: 1. If anyone can print money, they would do just that without working. 2. If they can borrow with customer money without any rules, they just did that. 3. If they don't have separate custodian for cleit asset, it will be comingle with company asset. And would be wiped out. All of these are so elementary rules in banking system. And we have regulations (with about 150 years of experience) to prevent them. The crypto world prefer no regulation world. They got wild wild west..... No regulation, no bail out, no protection. No calvary is coming to save them. 🙏

[@MobBarley00]

There is an axiom taught in business schools these days. It’s called the law of Cramerica. When Jimbo says X, do Y.

[@cloudmaster3235]

He didn't try to commit fraud... He DID commit fraud.

[@mirko1989]

correction , he committed theft , a grand one

[@gemini9955]

Less than 5% of this evidence is in, and this guy thinks he knows everything 😂 I’m guessing someone had some money on FTX!

[@conors2104]

he needs to go to jail.

[@salt-team-six5883]

Jim couldn.t pick a good investments if he picked every stock in the stock exchange

[@michaellabarbera4631]

This is why you have to do research I don’t exactly feel bad for the people that invested in him he’s just a kid

[@antonioskontonasakis]

I just hate it when I lose 8-13 billion dollars worth of customer funds accidentally

[@dorispowers9060]

Just a prediction, some of that money is in cash hidden from the feds. IMHO as always.

[@TheOnlyRealVeniVidiVici]

Thats the thing you cant hide that kind of money. So were is it?

[@johns2262]

@@TheOnlyRealVeniVidiVici Some will be in crypto wallets somewhere. Some in property. Some in cash somewhere. However, a lot of it might just be lost in bad leveraged trades. Betting on the crypto market moving in a direction and massively losing.

[@JamesPhillipsOfficial]

@@dorispowers9060 @dorispowers9060 8-13 billion in cash, even in 100 dollar bills, you get 100 million per pallet. (Mr beast did 1 million in 1 dollar bills as 39x39 inch pallet size) 80 to 130 pallets. How is anyone going to hide a small warehouse full of cash? The physical dimensions of such amount require it's own commercial premises... And banks themselves want an official meeting if you are drawing more than 20,000 on any given day. The maths does not support your theory..

[@prometheus5700]

Oopsy daisy. Sowwy.

[@dorispowers9060]

Cramer you and CNBC are on the hook for calling this guy the JP Morgan of our time. Can anyone say lawsuit?

[@jdavis234]

Lawsuit for what? Having an opinion? 😂

[@jimandlucy8800]

if he was paid by ftx then yes, otherwise its just more garbage advice by Cramer.

[@charlestruth1354]

Jim Cramer loved this guy and promoted him big time ⏲️

[@normancarter5419]

CRAMER IS A HYPOCRITE AND CON-MAN AND PATHOLOGICAL LIAR HIMSELF.

[@khufu8699]

Please also play the videos where Jim was slobbering all over SBF with every utterance.

[@KikiNation1]

He was probably yelling BUY BUY BUY!!!

[@centurion262]

@@KikiNation1 didn't he call SBF the next JP Morgan!

[@raul0ca]

@@KikiNation1 Booyah!

[@roachtoasties]

@@centurion262 Yes.

[@jonahansen]

Yeah, but Cramer slobbers so much and often it means very little. I am a fan of Cramer's older videos though, especially the "Bear-Stearns is fine". Someone should edit together a compendium of them. It would be a gas!

[@machdaddy6451]

Notice that when Sam is questioned he never answers yes or no. Be wary of people who can't answer yes or no, because they are lying.

[@marriagepartnersministry5942]

Not necessarily. What you may not realize, due to your differing personality type, is that people in highly technical fields are more keenly aware that there is rarely a solid yes or no that entirely encompasses the truth. Also, saying yes/no to something that seems counter truth requires one to give an explanation and not simply state yes/no. When one judges another guilty they tend to examine everything with that creative bias. This is referred to as confirmation bias. Sam knows he needs to overcome peoples confirmation biases and simply saying yes/no wont suffice.

[@PrivateYoutubeAccount69]

@@marriagepartnersministry5942 yes

[@ix_heieroveli5636]

His parents are lawyers they trained him to never answer yes or no…. Yes or no is a absolute and definite. Leaving room for interpretation is key

[@SPsounds100]

Yeah WTF

[@isee7668]

Look at his fancy associates. Bet they all talk like that too.

[@josephlavigne1495]

Don't ever confuse being educated with being smart

[@isee7668]

Or, in this case, with being remotely honest.

[@TITOFROG1]

Being educated does not necessarily mean being smart. There are lots of uneducated people who are smart.

[@paulkelly4731]

Cramer has done a 180.. recall Cramer was touting the guy as a visionary and a genius just a few weeks ago!

[@jdavis234]

Have you never been fooled in your life?

[@ryanjackson5461]

@@jdavis234 the problem is that Cramer is consistently fooled. Elizabeth Holmes was on his show as well.

[@SB-nh7uv]

@@ryanjackson5461 not imagine the 2008 crash calls

[@baldeagle4710]

@@ryanjackson5461 elizabeth holmes fooled bill clinton! lmao

[@charlestruth1354]

The whole crew was

[@christopherangeli8847]

Jim backpedaling on his unicycle as fast as he can.

[@edwardgoering1237]

In the Bankman case - He's juggling Bad thing Bankman sees something that his actions expose

[@LeroyBickerstaff-IV]

Hahahahaha

[@975gms]

Sam didn't mean to lose user's money. His finger slipped on the keyboard. Happen's to the best of us.

[@zedzed5276]

Accidentally sent customer funds to his girlfriend to gamble with.

[@dingpeng2317]

The keyboard did not slip... The funds were legally loan to Alameda even if u don't like

[@avarmauk]

Whoopsie

[@laturista1000]

Lock Sam UP! throw away the key!

[@TheLeftRbabieskillers]

Wasn't his money to lend, legally or not

[@rvandy5728]

Cramer didn’t describe him that way when he was referring to him as the “JP Morgan” of our generation.

[@dc4632]

Cramer is a mouthpiece for the elite he doesn't want you to know about GameStop and he doesn't want you to understand Bitcoin

[@conduit242]

This might be the first accurate call Cramer has made in years.

[@terryrobinson2324]

God isn"t that the truth

[@waynes84]

What call?

[@conduit242]

@@waynes84 that SBF is a pathological liar and a con man

[@fecardona]

😂😂😂😂

[@KITLEVEY]

Cramer's FIRST call compared Bankman to J.P. Morgan !!

[@unstoppable-ar3292]

if he doesn't go to prison I'm done with our law.

[@Nancie6290]

Yep . Keep letting these criminals give to us up the €#^*abusing peoples money . Shameful

[@RVRSABLE]

Same here & it better be some serious time. SBF is a serial killer, many have lost their lives

[@terrymckenzie8786]

Trump isn,t in prison and he is worse.

[@erikbrown77]

Also Jim Cramer: “Sam Bankman-Fried is a modern day JP Morgan. 🤣🤣🤣🤣

[@ironmikehallowween]

He is like every other crypto snake oil salesman.

[@Smoove_J]

These guys are so sleazy. I can’t believe people bet their life savings on these stupid tokens.

[@winstonrocco1981]

Money for nothing

[@Smoove_J]

He was a genius visionary until a week ago, and now he doesn’t even know what was happening in his own company.

[@massimo931]

I can't have enough of this story ...🤣💸💸💸 All geniuses until the tide goes out ...

[@custinpham2959]

So true

[@GadisBaliLivesAbroad]

Same case with Elizabeth Holmes . She was hailed by medias and her investors as a genius, but her fraud was exposed, all she could say was "I don't know" 600 times and black turtleneck gone

[@Smoove_J]

@@GadisBaliLivesAbroad she was so creepy, and her speeches were absolute BS. No clue how she fooled all those rich people for so long.

[@baldeagle4710]

@@GadisBaliLivesAbroad lol yup. sad how so many people believed her...bill clinton, larry ellison, etc.... seems like there's more fraudsters these days than legit businessmen. also, don't trust people under 25 who start their own company and think they are the next business guru.

[@budlover7703]

Never forget , Cramer supported him lol

[@elmorganou]

They all did... it's like watching paint dry...we all knew what was going to happen...we all joked about it on a Sunday morning,and worked it on a Monday...sign of things to come lads

[@baldeagle4710]

even i know more about investing than cramer does. wish i could sit on that show and collect millions for making bad stock picks.

[@thomasnever2552]

'Some of the nicest people I know spent some serious time in jail' Good to know that.

[@SB-nh7uv]

Xd

[@jwwilliam6333]

yes....why did he admit that. Cramer may be a con man himself.

[@jacla666]

yeah, that statement is just....

[@slouchofromlocals]

😆🤣 This statement is on the level of "the Greek alphabet has a lot of letters," when he was threatening us with more C0V1D variants/lockdowns and the time he railed against our government for not being like other governments that were forcing vaccine injections into arms.

[@MG-yg9sp]

Cramer LOVED him

[@ryanjofre]

Like Jim Cramer has so much Integrity & credibility since 2008😂😂😂

[@LEARSIKCIGAM]

“Cramer , please don’t ever change buddy, the lols you provide are priceless “- Zerohedge readers .

[@fbmimpy]

Lmao

[@raul0ca]

His lack of self-awareness is legendary

[@samyguindy3457]

🤣😅

[@DoodleNugget9]

@@raul0ca I think he’s aware, just shameless and disgusting.

[@SweetNeoCon407]

The "experts" at CNBC should learn about due diligence.

[@secondrule]

Not when fraud is involved.

[@kurteichmiller7135]

Jim said great things about FTX in the past.

[@inlander311]

He didn't have to try to commit fraud, he's the embodiment of fraud itself

[@MythicalPhoebe]

He's a typical jew

[@SB-nh7uv]

@@MythicalPhoebe based

[@baldeagle4710]

pathological liars think they aren't committing fraud. see: elizabeth holmes

[@Robert-bn1gq]

Till collapse..Eminem..millions. crypto

[@Schubes5]

When your parents are BOTH lawyers, one could wonder how bad those parents are at their job lmao

[@jasielm5258]

I’m sure they spent lots of time with their son 💀

[@wilbur218]

they are actually great at their jobs and have close ties with the democratic party. :D

[@djsmithe]

His parents being lawyers, taught him to get around the law. His parents have a multi million dollar home in the Bahamas. I think Sam gave it to them. Will that be included in the bankruptcy?

[@avarmauk]

Not only are they lawyers. They teach law to others 🤣

[@loopje]

he was playing too much league of legends at home. he was too busy playing top to listen to his 2 Stanford Law professor parents, and now he’s going to be playing bottom in jail

[@MikeLocke]

Most criminals, sociopaths, and psychopaths are nice people once caught and sitting in an interview setting.

[@williamsjones2375]

Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. As a new investor, 15 months of trading / investing, I went 95% cash end of September. We cannot predict bottoms, but it was obvious things were getting ready to go down. I don't watch the media but the news that you present gives me just enough to know what's going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 10.6BTC from day trading with Jacob Kucia . Signal in 5 weeks, this is one of the best medium to backup your assets as it goes bearish

[@marywatson1169]

Simple step-by-step process, excellent communication and response times. The service was extremely streamlined and friendly throughout. Would recommend them to anyone give Jacob Kucia a reply

[@gloriamunsey8737]

What's his Telegram Asking ?

[@williamsjones2375]

Jacobkucia

[@gloriamunsey8737]

Thanks for dropping this information, I just sent him a detailed message on tele

[@alexarivera5544]

I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Lisa

[@aaronbarnes2636]

I’m surprised you know her too. I’ve been making a lot of profits investing with her for a few months now.

[@amandascott7174]

Mrs Lisa changed my life because of the huge profits I got from investing with her.

[@steveleonard9920]

You invest with Mrs Lisa too? wow that woman has been a blessing to me and my family.

[@kevinschwarz2884]

I’m new at this, how can I reach your broker?

[@alexarivera5544]

You can communicate with her on Telegam, with the username below.

[@leafyutube]

Wait, how do they call him a "nice guy" and "pathological liar" at the same time? SBF has got even these guys duped.

[@jonahansen]

Guess it depends on what you mean by "nice guy". My take on a lot of these financial pundits is "pathological liar" garners respect if not full "nice guy" status.

[@VallenChaosValiant]

Being "nice" means being a pleasant person. But nice is not the same as "good". SBF is NOT a good person. It's how you get a lot of famous bank robbers and pirates who are known to be "nice".

[@leafyutube]

@@VallenChaosValiant Beware the snake that smiles. His wrong doings have destroyed many people's lives. There are people who lost everything. He can't be a "nice guy" by ANY definition.

[@carter3294]

Our time had reached its zenith, and it is now over. Everything not just FTX, Stock including 401Ks, are suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.

[@floxydorathy6611]

@Martina Doris

[@floxydorathy6611]

Thanks for this tip. Her website popped up on the first page immediately I searched her, I read through her resume and Did my due diligence on her before leaving a message. So, hopefully she replies soon.

[@Johnny-rj6ou]

Hasn't even started yet. The dollar could become almost worthless. The writing has been on the wall for years but nobody wanted to take the necessary action.

[@thomasritzel8484]

I see this as a textbook example of incrementalism. First there was Steve Jobs in his black turtleneck sans blazer. Then came Mark Zuckerberg in his jeans and grey t-shirt. So by the time an obese kid meeting with world leaders in his pajamas and underwear came along...OF COURSE he was proclaimed the greatest financial genius since J.P. Morgan.....seriously...I mean how could he not be?

[@isee7668]

A good joke.

[@edwardrodriguez9140]

😅

[@thomasritzel8484]

@@isee7668 : Yes,well...hopefully this is the beginning of the end of the more-slovenly-than-thou trajectory, but if it isn't, we can expect a bearded and naked man caked in mud and feces to emerge from Silicon Valley in 2024 claiming he's revolutionized the transportation industry by means of a teleportation device eerily similar to the Theranos blood analyzer.....and investors will flock to him.

[@NorceCodine]

I am not a Tony Blair fan but if you watch him with Clinton and Sam, you can see that he'd rather be anywhere else in the world. Literally just anywhere else.

[@eseilik1725]

Can't deny the fact that Amazons *AOR4T* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

[@patrickt873]

I bought something better... Amazon CT57... contact Ms Johanna. She will help you navigate this

[@deepaklevin]

Remember when Cramer was Caught on film admitting that he would expect to LIE to his customers as practice. The man is an embarrassment

[@eyupss6]

It's not possible to hide it longer and all of us should take some time to think about AS57TN and what it will do to the economoy. On my side I'm very optimistic with this and there is no better time to know about that than now

[@992001jeffr]

He’ll take the “Will Smith Route”. In 6 months, he’ll announce that he’s forgiven himself.

[@xx119737xx]

Laugh of the day

[@ronsmith5601]

Thx Cramer for identifying him for us. We would have never known.

[@chrisbrian433]

Lmao. For the first time, I and Cramer are on the same page. Sam should be in jail man. Shocking thing is people won't still learn from this . Since I lost almost everything in the Luna crash, I have always known and maintained that anything Crypto is just thrash and has always played out to be true. The sooner everyone realizes this, the better for us all.

[@timwest9123]

I feel for you but this is a wrong stance to take. There are a whole lot of irregularities in every market, Stock, crypto, housing, name it. Investors must realize that the cryptocurrency market just like the stock market comes with lots of risks and you could potentially lose all. Secondly, what works for A must not necessarily work for B. Always make correct inquiries before putting your money somewhere (for instance, from the white paper from Luna, it was clear enough that it wasn't promising long term) or better still, get the services of an expert (that way, you give little room for error and get tailored investments). Made my first million earlier this year this way from stocks though. Don't give up! Good luck!

[@toyko7200]

lmao. someone salty. you bought into something very fo0lish you have decided everything is wrong

[@timwest9123]

@rosemarieluiz9615 I can honestly relate and make no mistakes, it's not as easy as it may sound. Yes, I used one, hard to keep up with every development if that's not your primary job.. I don't know if I am permitted to go into details here, but you could look up "Stephen Joseph Kohlhofer". I'm not so sure he takes on new people right now, but you could try.

[@august9050]

@@timwest9123 wow I know this smallish man. Once attended a fundraiser he was also in attendance here in Vancouver,, Great speaker with a funny accent,, He's in the States though, I doubt he works with non residents,,,

[@mrmoore2485]

@@august9050 This right here is the second time I am coming across this name in a week. Came to my workplace for a program and it was lit. found nothing funny bout his accent though

[@Paul-tn3sc]

SBF: “I am a Democrat power player” Also SBF : “ I’m just a clueless kid”

[@billscott1601]

The U.S. Attorney is probably in SBF’s pocket.

[@richard.c.guitars]

Well he is very close to the head of the SEC, Gary Gensler and had many meetings with him....

[@edwardrodriguez9140]

SBF is well connected and the corruption goes deep

[@MortonT1958]

There are 94 US Attorneys spread out throughout the U.S. and its possessions. There are/were FTX account holders in every jurisdiction. Perhaps SBF’s influence may be strong with some of them, but it will only take one to examine the evidence, bring it before a grand jury and indict that no-good SOB!!! 🤬

[@pearcey1113]

The reason he is talking is because he knows he’s going to jail and they are going to make a movie about it and he also knows they will use these clips in the movie not have an actor, the guy is a complete psychopath

[@terrygreene4284]

I dont think he will be prosecuted....

[@notyetjp]

He is brilliant/crazy on an Andy Kaufman level. You have described exactly what he is doing. He is hyperaware that he is on the stage of history. And is giggling. He knows he has powerful people in his pocket. I suspect lawyers are going to start pulling down these vids, which instantly become evidence. Of lying.

[@us-Bahn]

Cramer’s body language is saying “I don’t want to talk about it.”

[@fatmakoc7047]

We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some *AS67TN* Thanks for keeping us informed during this times of doubt?

[@jedadruled984]

Jim Cramer is not a con man I repeat, Jim Cramer is NOT a conman. Thank you.

[@leemorrison1700]

The only reason he feels genuinely sorry it's because he got caught

[@MattBlackwell-qm1hj]

"That guy is a clueless idiot".....Crammer throwing stones around his glasshouse!

[@heinsy707]

awww cmonnn guys he's suchhhh a nice guyyyy, like he's just a national treasure

[@ro6742]

Scott Hill writes: Did I mention that both of his parents are compliance lawyers, with one a leading expert on tax havens. If there’s anyone that could access the advice to set up a complex piece of legal fiction entitling him to pilfer customer funds in a defensible way, it’s SBF. He’s going to get sentenced to “supervising” hired staff as they clean Bahamian beaches for 90 days. Welcome to “Democratic Justice”. Go Galt now! Avoid the rush.

[@ercanciftci7633]

Wow I'm so surprised you mentioned *AOR4T* . I have been keeping eye on it for a while and it seems very promising.

[@ElizabethKlimas]

“Fraudulent debts aren't dischargeable in bankruptcy. If you lied on a loan application or otherwise used fraud, false pretenses, or misrepresentation to obtain credit, the creditor will likely have grounds to object to your discharge.”

[@jeffreymartin6182]

Jim is mad because someone might be responsible for losing people more money than him.

[@michaelPh8]

lol :)

[@KITLEVEY]

Cramer 1: Bankman is the next J.P. Morgan Cramer 2: Bankman is a pathological liar and con man

[@tophat2002]

Makes software to rip people off.. walks away.. I didn't do it.. it was the computer!

[@carocarochan]

They're from the same Tribe...

[@wk4240]

Yep. Just like most - pathological liars and conmen.

[@James-wp3zc]

Remember when Cramer was telling viewers to invest in CDO's pre 2008.

[@M4mxt.ef.cr5]

If you're right about this AS57TN this could really help people offset the losses they experienced this year

[@scottmUTCS]

Scammer

[@Uncle_Harmoot]

His defense is that he was taught that it’s not fraud if he virtue signaled while do so! His professor said so!!

[@user-qc8vj3vp9v]

A real con man and 💯 ABSOLUTE FRAUD. He should be jailed for 500 yrs for deliberately ponzi scheming and stealing from honest investors. He knew why he set up shop in the Bahamas - we are not stupid.

[@mariapilarme]

Yeah the jail is full of nice people!!!

[@bfg1836]

Apparently Cramer has pried his lips from SBF’s backside.

[@Nostradamus_Order33]

😂😂😂😂

[@MrDobberdude]

I didn't try to commit fraud...it just happened...I shouldn't go to jail because I didn't mean to

[@marriagepartnersministry5942]

It seems as though he did commit fraud as most people think of it. So, he's not saying flat out he didn't commit fraud because that seems unbelievable but He's implying that if there was a fraud it wasn't intentional.

[@orpheus3357]

Legal Eagle (KZbin professional lawyer) said fraud requires intent

[@MrDobberdude]

So the defense is I am idiot...nice

[@Itsanawfulwasteofspace]

Yea it’s the old I slipped and fell and took everyone’s money routine. Give me a break. I ain’t buying this I am too dumb to know what happened act. 🤨

[@marriagepartnersministry5942]

@@Itsanawfulwasteofspace If this wasnt a mistake then you have to assume it was intentional. He hide no money or crypto for himself, got no property for himself that wont be clawed back, lost his job as ceo, lost all his credibility, and his parents now have sever leagal issues and may go to jail. So, what exactly was this MASTERMINDS grand plan? What motivated him? What did he gain by doing this intentionally and cleaverly? If you dont have a good answer for that then you have to at least consider that maybe it was accidental.

[@WestCoastTruckingCEO]

I'm pretty sure Cramer is the last person who should talk about legalities

[@Arcwol]

Not a fan of Jim Cramer, but his take on this whole situation has been hilarious and accurate.

[@albertinsinger7443]

But Cramer told us he backed FTX before. And people invested in FTX because Cramer endorsed FTX

[@vedderfan87]

That super-cut of CNBC anchors talking about SBF posted on Twitter is pure gold. Puts more perspective on the 'pathological liar' line of thought. cheers

[@dillonroulet6553]

FTX’s Sam Bankman-Fried is the ‘JP Morgan’ of ‘crypto,’ says Jim Cramer

[@Lin10uson]

I'm embarrassed for Jim; the way he failed in the last few seconds of the clip is priceless.

[@geminisduerme5266]

Still love Jim. A bit of a slip up but we all will get older at some point.

[@markrossini1711]

So I took a class years ago from an FBI agent on how to read people. One of the things that stuck in my mind is when a person is lying they tend to look down for the answer as opposed to not lying and they look up to gather their thoughts. Watch Sam and he ALWAYS LOOKS DOWN.

[@averagegiuseppe5640]

I think SBF is lying. But body language reading is rubbish many times.

[@jasons.5475]

Using real money to buy fake money is a fools errand

[@jacobrivera7224]

Send Bigbird to jail

[@scottluxzul9633]

Pretty much the same phycological profile as Elizabeth Holmes. Sociopaths have certain attributes that make people captive. They have special abilities. Lack of conscience makes people simple objects to be toyed with. They're not the only ones, there all around, especially in the financial arena. The smiley and manic eyes. Souls they have not. Unlimited hubris and never smiling smirks is the advertisement. Motto: Anything is allowed as long as you can do it fast enough before being detected.

[@messiedit10127]

Thank you for your research. I find your videos are well done. Will AS57TN hit 1000? Not sure but I hope so.

[@bobdobb9017]

Calling him pathological is letting him off the hook. Don’t use that term with conscience criminals like him.

[@andrewbalan8144]

Why are people so mad at SBF? Were they all blind and deaf when they transfered their money to....a guy looking like that? What were they expecting, anyways? Jack Ma said it best: smart people need a fool to lead them.

[@mahmoudanabtawi]

He should be in jail, but he is not I wonder why?

[@surprisereptilian4778]

The NYT interview was Sam saying "shibollet" for an hour. He always says what people want to hear, and he's talented at that. Even knowing about backdoors and lies, and all that, at moments I had to snap myself from his hypnotic term huggling that was somehow started to convince me that maybe he made a honest mistake. Terrible.

[@polymathperspective]

The problem is due to nobody does their own research to pick winners (with skills) some guy can infiltrate everybody, and everyone just believes he’s bright NOT because he is but because someone TOLD THEM and so on. So now everyone just invests blindly. Just like journalism nowadays is being handed a piece of paper to read to a camera, and not actually getting in the field as investigator doing the research on actual journalism. - that’s how people do research, some guy told them it was a good idea.

[@BPDBRETT]

Was there even a CFO and an accounting department keeping track of all the money? Based on the size of the company, I could easily see the need for a department of 30-40 people, probably more.

[@douglindberg1547]

How does cramer have a job. That's a bigger story than FTX.

[@brycejohansen7114]

He has friends, I don't think he's going to jail.

[@muhammetefe9972]

My largest holding is Amazons AS57TN. Glad it came out to be this. I’m a fanboy and I like Charles. He reminds me of Steve Jobs when he speaks

[@haciergin6296]

My life feels fixed after horrible markets but AS57TN is the one I believe in!

[@Max-ve5tu]

How come no one has told SBF that he is only making himself look worse by consistently doing interviews that contradict one another?

[@marriagepartnersministry5942]

He hasn't contradicted himself at all. Do you drive to fast is a subjective question with a subjective answer. A person can subjectively feel that they don't drive to fast given there skill level and alertness. But if you start discussing the legal speed limit then they might concede that technically if they were one mile per hour over the limit then they were objectively driving to fast by that standard. In this example, if one wanted to accuse the person of contradicting themselves this would be an unfair assertion. But, this is our legal system and human judgement for all to see.

[@zedzed5276]

@@marriagepartnersministry5942 he illegally bought a tiny bank to funnel money between the bahama's and the US. SOFI had to jump through so many hoops and years of cutting through red tape to buy a bank, and SBF did it under the radar in a month.

[@throwintre]

They have, he just thinks he smarter than his lawyers.

[@j.c.s5630]

@@marriagepartnersministry5942 youre not suppose to talk even if you are innocent. this guy is dumber than a doorknob

[@timsmith428]

..Did not Cramer say this was safe, about 2yrs ago?

[@ith3323]

If you know his ethnic background then it should be no suprise if he doesn‘t face any severe consequences

[@vohen7362]

Jim finds it easy to come to this conclusions about Sam,he just looked in the mirror and went like,he's like me !

[@PresidentBob1989]

Not often do I agree with Jimmy, but this time, I do agree with Jimmy chill 😂

[@AFuller2020]

Jimmy recommended the guy.

[@johnmartin4641]

Did Cramer figure this out all by himself?

[@haniotis3421]

Of course

[@markdouek619]

Jim Cramer called him a genius just a few months ago

[@vernefits1953]

Jim calls things as they are. Jim is the best

[@t500010000]

Such great chemistry lmao. Poor guy stuck with Jim

[@waywardminutevideos2546]

Daniel Friedberg, the supposed chief regulatory officer of FTX (and the Ultimate Bet poker scandal in 2008) should have a spotlight on him as well and then a potential prison uniform.

[@rtqii]

SBF is a HERO - He separated hard earned money from about a million Conservative crypto "traders" and used the money to save Democracy in the midterms.

[@favor4afavor823]

The crazy thing is I think you're serious

[@JaronLindow]

And provided a valuable object lesson to Libertarians

[@zedzed5276]

FTX donated equal amounts to Dem's and Repub's. The Repub's donations were more obfuscated because SBF thought the libs would be critical of those donations.

[@WasFakestCenturyAesthetics]

hahaha I can remember when Democrats pretended to care about money in politics...you can't be a Democrat over the last 20 years without also being a shameless hypocrite

[@BigBrolls]

Imagine thinking this unironically.

[@majdevetdu2513]

He chose a tax and lawless free place for a reason

[@luismujica7917]

I remember Jim Cramer saying SBF was the next JP Morgan!