How Involved Were SBF's Parents?

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FTX has sued Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, claiming they enriched themselves by siphoning off millions of dollars in “fraudulently transferred and misappropriated funds” from the cryptocurrency exchange their son founded.
In a court filing earlier this week, the FTX debtors said Joseph Bankman and Barbara Fried, both of whom are tenured professors at Stanford Law School, used their influence to funnel money from the business to themselves and their pet charitable causes.
Bankman, a tax lawyer, also lavished gifts upon his friends and family using FTX funds, they alleged, including, flights and tickets to the Formula One Grand Prix in France.
Fried used her influence to obtain millions of dollars in donations from Bankman-Fried and an associate for Mind the Gap, a Super Pac she co-founded to help Democrats win office in the 2020 US election cycle. She further pressured “certain FTX Insiders to unlawfully avoid (if not violate) federal campaign finance law”, the debtors allege.
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/ @pboyle

[@PBoyle]

Head to brilliant.org/patrick/ to start your free 30-day trial, and the first 200 people get 20% off an annual premium subscription.

[@dertythegrower]

❤

[@dertythegrower]

​@@StopinvadingmyhardwareI fully concur. 😎

[@dertythegrower]

Second biggest donation person to... Joe. Guess the top guy above him.. 😶

[@phumkhmertv2028]

You show signs of aging. Stay strong Patrick.

[@zackidoozacoou3164]

Too many ads mates

[@Arniegeddon2006]

So basically SBF's mother's relationship to ethics is equivalent to his father's relationship to taxes. He specializes in tax law in order to avoid paying taxes and she specializes in ethics to avoid being ethical.

[@chillphil967]

boom (mic drop )

[@user-zp7jp1vk2i]

@@chillphil967 nailed it. inspires moi to have my son attend Standford. His great grandfather attended. Sooooo, he can check the elite box that a direct relatives attended! (ok, he was one of the last Ministers in the old Chinese dynasty, but hey, a girls gotta do what a girls gotta do!!

[@GrumpyCat-mw5xl]

And now they specialize in how to avoid paying back their ILL gotten gains and prison time

[@mariapilarme]

That’s what he said in the video.

[@the_expidition427]

100%

[@alex0589]

As a kid of divorce, it warms my heart to see families stick together to commit breathtaking amounts of fraud ❤

[@aodhgano.9531]

Really shows that the nuclear family isn’t dead after all

[@picilocarnal]

😂😂😂😂

[@joekulik999]

It's probably the havoc caused by rich families like SBF's that indirectly contributed to your parents divorce. (The butterfly effect !!!) 😊😊😊

[@sizwesokopo281]

​@@joekulik999okay movie, I expected more if I'm honest.

[@javaman7199]

I think we are beyond breathtaking amounts of fraud to record breaking amounts of fraud.

[@catyronwode]

Hell yes, the parents knew and took part in this scheme. The betrayal of public trust by two Stanford professors is outrageous -- yet according to NPR, "Fried now has emerita status at Stanford Law School; she has stepped back from teaching. Bankman is on leave. A Stanford spokesperson said they both remain on the faculty." Yes, condoned by Stanford, this "family business" was intended to defraud the public. I hope that in the name of justice, all family members are charged with crimes, and if they are found guilty, are made to pay reparations and do prison time. And shame on Stanford for retaining them on staff!

[@lisaj4441]

Not surprised that they were Stanford professors given all of the revelations about research fraud at Stanford.

[@alexy.3512]

What do you expect from Stanford when even their president is a fraud.

[@danieljohnson2005]

Well, just look at how they handled the scientific fraud committed by their former president, Marc Tessler-Lavigne. He stepped down, but, of course, he’s still on the faculty. They should’ve know he was trouble when they saw how many names he had. Just remember folks: you can’t trust anyone with more than one surname.

[@annebritraaen2237]

@@doodlebug1820 Like when the RAND corp couldn't get their secretaries to play the zero-sum game they just made up.

[@JR-yx3po]

They gave a loooot of Sam’s money to Stanford.

[@bunnerkins]

I am also 10 million dollars away from announcing retirement. Who knew SBF's life could be so relatable.

[@Ln-cq8zu]

Hehe! That's clever. 😂

[@addanametocontinue]

A family that frauds together should go to jail together.

[@tolep]

That's antisemitism :D

[@Jason-fm4my]

And pay back investors together?

[@sergeantmajorzero7482]

No chance; with the 'friends in high places' they have... probably walk way keeping everything they stole.

[@deeznutz8320]

​@@sergeantmajorzero7482They are Jewish America is run by them he will see very little jail time hopefully some Chad will bottle him in public

[@stevenoverlord]

Its a whole tribe

[@bonwatcher]

I cant stop laughing over the irony that Bankman-Fried's parents were professors at Stanford in compliance and ethics. 🤣🤣🤣

[@dertythegrower]

under the infamous George S. sam was next top donator to Joes 2020 election😮

[@samsonsoturian6013]

Those are degree majors you can fake your way through

[@Jason-fm4my]

Sounds like another pair of those hardbitten anti-goverment cynics that are so popular nowadays. They rail that rich people and politicians can get away with anything, proceed to commit crimes themselves and melt down when it inevitably falls apart. Every time I hear them spout nonsense it's like watching an imminent car accident in slow motion. You're like, go ahead and try it then, see what happens. They either don't have the cajones or this happens.

[@davidjma7226]

Those who can, do. Those who can't, teach.

[@roc7880]

how can you learn the rules otherwise?

[@emiliog.4432]

The fact that Barbara Fried is still saying that her son, SBF, did nothing wrong is astonishing. This family is not looking good and even Stanford is circling the wagons. Greedy corrupt institutions will always find a way to justify misdeeds.

[@trevorgough2286]

I wonder if Stanford will keep the donations ? After all,they teach ethics there and it's only from working people and only their savings...

[@c-pjawa2759]

Stanford has returned the money.

[@trevorgough2286]

@@c-pjawa2759 woohoo 🎉 I must be a bit cynical...

[@cecebarnes7715]

@@c-pjawa2759They have said they would return it but hasn’t been accomplished. Keep in mind they got FTX funds in large amounts over a couple of years not one lump sum.

[@cv990a4]

The cherry of top is that she's a professor of legal ethics...

[@Deadhumour0]

“Partner in crime of the non-criminal kind.” -Stanford Professor

[@Arigator2]

Definitely the criminal kind.

[@Ln-cq8zu]

Id say that was a "Freudian slip" 😢

[@alimfuzzy]

Anyone who took his mom's ethics class should probably get their money back.

[@dmil404]

Looks like legal ethics is a contradiction of terms.

[@roc7880]

like FTX customers her students will never see a dime back

[@twisterli9177]

Democrat ethics

[@angel_machariel]

@@twisterli9177 Don't fall for the left-right dichotomy. They're all in cahoots.

[@rhs5683]

Imagine going to some uni in the US and thinking you get something else then indoctrination.

[@a_l_e_k_sandra]

Imagine going into debt of hundreds of thousands dollars to pay Stanford scholarship just to be lectured by these crooks. I think their students should be eligible for a refund.

[@janchivnarantsatsral2210]

No, that is whole point.

[@theultimatereductionist7592]

Well said, alexsandrakk!

[@momohue6432]

😂😂😂😂😂well if you put it that way Sir!

[@nunyabusiness863]

That might be the realistic thing I've read all day! Since miss freid likes to blame bad outcomes on circumstances, upbringing and influences so much, can the students blame her for their debts or possible unemployment?....

[@WJWeber]

Lol. People at Stanford don’t really have debt cause they are rich or they are poor. It’s free if you come from family making 100k or less. Then it’s fairly progressive too

[@mattlundy6108]

Patrick Boyle is an absolute master of passive aggressive humor. "Actor Kevin O'Leary", "That's is because philanthropy always becomes a struggle for the bankrupt" and "Unlike some of FTX's other executives (shows picture of kindergarteners)"

[@sushi6608]

Agree

[@cecebarnes7715]

I wonder if Prof. Bank an has also been advising the Biden family?

[@elliotoliver8679]

Patricks humor is drier than the Gobi Desert

[@user-ov4mk9ox8y]

@@elliotoliver8679 Olive, two onions, very dry martini, not even shaken .

[@artspark7697]

The level of greed in this country is absolutely disgusting. It needs to stop and people need to be held accountable.

[@thedarknessthatcomesbefore4279]

You are not wrong.

[@TheIndianaGeoff]

Way to call out the Bahamas.

[@privacylock855]

There are many, many honest people. They rarely make headlines

[@yako165]

SBF is almost exactly the sort of person I would expect Stanford professors to raise.

[@joec8942]

Lol you’re the type of genius I’d expect from (pick a color) trash to raise.

[@khumkmunk2844]

@@joec8942 you got a license to ride that dick bro?

[@hewhohasnoidentity4377]

Stanford is surrounded by venture capital funds and the masses of people seeking funding. This is exactly what I expect to come from both parents being professors there.

[@mariapilarme]

He looks stupid to me

[@izaakbrummitt1992]

⁠Worlds smartest people get financial backing prior to or after starting businesses. Who would have thought!?!?

[@moken79]

Imagine someone takes your money and gifts it to his parents. When you ask his parents to return the money, they decline, stating they need it for their son's legal defense because you're suing him for stealing the money he gave them. You are literally financing the thief's legal team.

[@jonaswox]

exactly the same happened with the billion dollar tax fraud scandal in europe. Apparently tax authorities around europe did not do any checks whatsoever, when someone requested to get refunded prepaid tax from stocks. Its a stupid thing to explain, but essentially sometimes you automatically pays taxes on your stocks, with the risk of it being wrong because of country. Its usually just a question of which country is supposed to get the tax. So these guys just send in requests for billions of dollars over the years, and tax authorities just paid them, no questions asked. In many cases, they did not even own any of the stock in question. Still able to get refunded tax :D When it comes to get the money back, the states are up against a wall. For example one dude made a deal to pay a third of it back if Denmark did not pursue a lawsuit. Tax authorities accepted. :D :D :D :D Its extremely stupid, how if you are just rich enough, its almost impossible to win a case like this against you, without taking a massive loss in legal fees. So essentially just steel enough money and you are almost untouchable , and the government will even agree for you to keep most of your loot .......... :D .........

[@ntl9974]

J strikes

[@annebritraaen2237]

@@ntl9974 Tru dat

[@jackhargreaves1911]

Exactly. All of SBFs legal fees have been paid with stolen money.

[@mas-udal-hassan9277]

​@@ntl9974jews

[@joannf5824]

Remembering Leona Helmsley who famously said "only little people pay taxes" looks like the Bankman Fried family took a page right out of her playbook One of their main focuses was to avoid taxes with their "gifting" of 10 Mill and 19 Mill property scheme. Yah Barbara Fried is the perfect person to teach an ETHICS class at Stanford.

[@roc7880]

Leona was prosecuted by Rudy!!!! Imagine Rudy being tough on rich people!!!

[@raletky]

"Actor Kevin O'Leary" - Patrick Boyle 😂 Good one, Patrick!😂😅

[@user-ov4mk9ox8y]

A great Canadian and a born comic, Kevin. Canada is sooo proud. Exporting actors since Hollywood began.

[@madf00bar15]

2 sociopathic parents raised a sociopathic son, not very surprising. Of course they believed they would get away with it, they were the "smartest guys in the room".

[@johnanon658]

Totally had nothing to do w their religion and culture which teaches them they should take everything the can from the gentile. No, def not

[@theultimatereductionist7592]

You mean the religion of antiCommunism/antiMarxism/antiSocialism/free market Anarchy i.e. Capitalism? Yes. THAT religion.@@johnanon658

[@sarahrosen4985]

@@johnanon658 you are an idiot. How wonderful that you have an entire race to proudly hate to distract some from noticing.

[@kelleychilton2524]

@@johnanon658 There were a sizeable number of Jewish people associated with this scam. I'm not antisemite, but this aspect of the case is quite noticeable.

[@nunyabusiness863]

I see a lot of academics are like that. That's why you see them as analysts and contributors to [insert favorite 'news' show here]. All to add credibility.

[@chrismcclurg7164]

His parents are geniuses until it comes to knowing what their son was doing. They're complicit.

[@bobmccall9725]

They knew what was up. Very smart people are just that. Very “smart”

[@BPoweredLove]

I'll fix that up for ya. "His parents are geniuses *even as it comes to knowing what their son was doing." Agreed. They're complicit.

[@enysuntra1347]

Did SBF ever have any chance to turn out a decent human being with parents like this? They created the bomb that went off in FTX.

[@ashishpatel350]

oye vey

[@CanadianSnowflake]

They certainly can't claim ignorance of the law bahahahaja

[@jonathanshiff562]

They were a very bad influence. Sam was paying his father $200k a year. His father send Sam an angry email saying that wasn’t good enough. Sam then bought his parents a $2m condo and gave his father $2m in cash. I think this helped created a culture of financial immorality within the company.

[@mohammaddoesit]

Wow I didn't know that

[@Ln-cq8zu]

So basically don't blame Sam at all! They are all guilty! 😢

[@moonboy5851]

His parents are a real piece of work. Wow

[@Jack-bx3ow]

“Putting your mom on this” was just incredible. The entitlement and unscrupulousness of this family is off the charts.

[@ntl9974]

J

[@CrowClouds]

Survival mode

[@Cynsham]

"Son you're ONLY giving me 200k a year! This is outrageous! I'd like to speak to the manager please!"

[@carlmorgan8452]

Head of ETHECS ,..... The mother?

[@cheechalker8430]

It also made me sad for his dad It’s clear who wore the pants in that family

[@alansnyder8448]

I live in Palo Alto and my wife worked at Stanford for a long time. We can both totally see how these parents were complicit given the culture at the school. A lot of it is just a veneer. They should be in jail too.

[@deedeeramone34]

I’m from Los Altos and had family/family friends who worked at Stanford, I’ve spoken to a few of them about this and they said they weren’t surprised. People in high positions get arrogant, especially when money becomes involved in things.

[@retrojay86]

Woww

[@jacob9673]

@@deedeeramone34I’m surprised. The people I know at Princeton have an “honor code” that they contribute to and follow. They’ll stick by it even if it bites them in the ass. For example, they have a free speech clause, and have explicitly punished people *they agree with* for trying to go against that. Maybe it’s just a California culture thing? These people are also scientists-so maybe not quite as bad as lawyers?

[@Thuxo]

It's the same at Stanford, but every individual is different. There will always be bad eggs.@@jacob9673

[@2639theboss]

​@@jacob9673Dude. Do you need a list of people from Princeton that have violated ethics codes and committed similar behavior? Youre blind as hell if you genuinely think its just a magical California thing that people are corrupt.

[@melimsah]

You can really see just how someone like Bankman-Fried learned to believe that the rules don't apply to him.

[@thegrantkennedy]

Your deadpan delivery of jokes is fantastic.

[@daviddsantos33]

The fact that she teaches attorneys ethics, Explains a whole lot about the state of the legal system and the financial system in america.

[@bobli30]

I can't help wonder😂

[@Kangaroojack1986]

This immediately made me think of Francesca Gino

[@dr.ejazkhan7227]

Absolutely spot on.. 😅😅

[@normbograham]

I once worked contract for a company that was founding, with their known bankruptcy date, but their purpose was for ONE SINGLE TRIAL. So, they were the business of ONE court case. The company was going to rack up bills, and leave them unpaid, AND....they worked for the prosecution accusing ... of something unethical. I got out of there.

[@subprime2006]

The apple does not fall far from the trees (parents).

[@Kay-zee]

"If your kid's hobbies are large scale financial fraud, money laundering, bribing politicians and league of legends..." best sense of humour 😂

[@lmc2664]

yea, and he even kept a straight face when he said it.

[@stanleywalden6177]

I believe SBF financial fraud was a great art of "Bullshittism"

[@kerryperryman3025]

😂😂😂

[@HansLasser]

A true Boylism

[@yaizudamashii]

maybe encourage them on LoL.. purses are big these days...

[@larryo6874]

I just watched this today after SBF has been found guilty of all counts. I had no idea SBF’s parents were so involved with FTX and it certainly appears that they were getting money stolen from FTX depositors. What’s particularly disturbing is that SBF’s parents should have known better to be part of the FTX fraud yet greed appears to have taken over for them.

[@BeijingYank]

Shame on Stanford.

[@johnkidd1226]

The problem with teaching ethics at law school is there are no lawyers qualified to teach it.

[@jonetyson]

By "ethics" they mean the minimum amount of ethics required to avoid incarceration. Notices that SBF's parents aren't currently facing any criminal counts, so apparently he knows his stuff.

[@BeijingYank]

hahahaha so true hahaha

[@geneva760]

So you are saying all lawyers are unethical? FUCKHEAD

[@mrblack888]

It's jewish ethics. If you can get away with stealing something, its because the other guy was stupid and deserved to lose his money. They use our language, but the words mean different things to them.

[@jafrasar1]

😅😅😅😂😂😂. This family and FTX employees need to have their assets FROZEN.

[@cheechalker8430]

I love how Sam’s mother forced, I mean ‘encouraged’ Sam to steal money and give it to, I mean, donate money to her favorite Effective Altruism charity, I mean, slush fund.

[@sandra-iy2ce]

😂😂😂👍👍

[@mas-udal-hassan9277]

​@@sandra-iy2ce😅😅😅

[@naisi]

“The actor Kevin O’Leary” 😂 loved that shade

[@CaryInVictoria]

Consider doing a video on Stanford University along the lines of your take on Forbes’ “30 under 30” lists.

[@mrwilliamwonder]

And these are parents who have always advocated for higher taxes....for you, not them.

[@Sam-uz4iy]

Higher taxes for others, while they themselves dodged tax laws. Truly the classic standford lawyer power couple.

[@justgeneric2876]

Another scandal for Stanford uni professors involving ethics

[@Mady-lo6qb]

Thanks for reminding me. I had recently watched some yt videos on data fraud on their President. There was some Harvard person in this too. In fact there is a large problem with data manipulation in the scientific community. The bad thing is that these studies are what public policies get based on. 🤦‍♀🤦‍♀😠😠

[@grasstastesbad]

what are the other scandals?

[@hypothalapotamus5293]

@@grasstastesbad In the last 5 years or the last 130? Let's see... in no particular order... 1. David Starr Jordan (Founding President of Stanford): Eugenicist, racist, and possibly covered up the murder of Jane Stanford. 2. Stanford Prison experiment: Under the watchful eye of Prof. Zimbardo, test subjects pretty much went Gitmo on other test subjects. 3. Stanford hammer murder: Math PhD student ritualistically murdered his thesis advisor after being kicked out of a math program after almost 20 years. What's really telling is that the jury only convicted the student of manslaughter because they felt that he had been so horribly mistreated (this despite the student showing no remorse and the case exhibiting most characteristics of a 1st degree murder). 4. Hiring William Shockley... Yeah, he's a Nobel Laureate, but he is also a sociopath who ran the people who did the work for that Nobel prize out of Bell Labs and Silicon valley was built by the post docs he ran out of Shockley Semiconductor. By the time Stanford hired him, he had moved on from device physics to Eugenics... However, most of this is ancient history. More recently. 5. The relationship between various Stanford faculty and Elizabeth Holmes. 6. Stanford President's data fabrication scandal. (note: that the scandal the OP may be thinking is actually Harvard's Francesca Gino, who did data fabrication while studying the ethics of cheating... This sort of blends in with the Stanford President incident because they happened at roughly the same time.) Honorable mention, despite not having professors involved, goes to the Stanford Sailing team in the varsity blues scandal. Yeah...

[@islesofshoals3551]

Theranos

[@SnPSFan]

I almost spilled hot coffee on me when you dropped the line "actor Kevin O'Leary" 😂 thanks professor

[@tedzehnder961]

His mother was a law prof. on legal ethics?Sounds like a oxymoron .I hope she`s proud of her son.

[@ResortDog]

One hundred hidden millions proud.

[@SONYAZSHOULDERPADS]

she's very proud of him!!

[@carlmorgan8452]

She should turn herself in ...... ahead of the indictment 😊

[@easymoneysniper9013]

​@@ResortDogfr what's his fine 50 million lmao

[@elliebrown181]

When you have the level of education that both parents have and they say they don’t know. It seemly isn’t believable. The level of corruption is mind staggering.

[@trevorgough2286]

Moral and legal...

[@philsc6028]

Just the fact that you called Kevin leary an actor melts my heart, and that picture is forever embedded in my mind, Thank you

[@user-zp7jp1vk2i]

an actor, avec no pants. and a Canadian WIThOUT the comedy chops of Patrick

[@nillomat]

Less than 1 minute into the video and we already get a stab at Kevin O'leary, what a treat.

[@8BitNaptime]

I had to check that part again, funny stuff

[@mvl9591]

Patrick nailed it!

[@kelleychilton2524]

I loved that part. Laughed hard when I heard Patrick say that. Too perfect.

[@ChosenbytheAnnointedOne]

The employment positions of SBF’s parents in itself are the biggest conflicts of interest their could be. Smh..

[@j3dwin]

A family that steals together, stays together.

[@mikebaker2436]

Parents: "We weren't involved with FTX." Patrick: Has to take 30 minutes to very superficially describe how not involved they were.

[@Monsterpala]

Nearly credit swiss level of guilty.

[@bettycattk5298]

Sounds like how”not involved “ was Biden in his son’s frauds, in my opinion.

[@ayushsharma7995]

I used to judge SBFs hairstyle then i saw barbara fried and it was "Ahhhh" moment. 😂

[@chilbiyito]

They only have time to scam people of their money

[@esterhudson5104]

😂😂👏👍

[@nunyabusiness863]

Wow I saw it and it didn't even consciously register.

[@user-yb9sh7yf7y]

'This is not a great thing to have in writing...' hahhahahahha, i am so done with Patrick's dry humour. Great video.

[@holasusana4611]

His parents knew all along. Send them to jail.

[@Ln-cq8zu]

Sounds to me that they are the architects, maybe even had kids in order to pull off this heist! 😮

[@tottiemitchell6737]

So insane that parents and sons thought they were like superior to others. Patrick, your humor is the pearl in this oyster.

[@lars-akechesburg9911]

I mean it's literally part of their religion, goyim

[@TheThreatenedSwan]

No one is superior to others, it's an illegitimate concept, but they and their kids are definitely superior they'll let you know

[@boringNW]

That's simply how (((some groups))) are. They learn from a young age that people who aren't them are similar to 'cattle' who exist to the benefit of the chosen group.

[@kidd32888]

They think they are so smart that they can talk their way out of this mess

[@kenny4957]

They’re the chosen people

[@ganeshhowza724]

“Wood Nymph”. I almost fell off my chair!

[@kennethhowell5291]

Your research as to the subject would be so excellent as to completely clear up just exactly who would be the brains of the outfit in that fraud. The parents would think nothing of, in total setting up their own children to take the total impact as to the fall in the parents scam. Those children would truly have parents that could only be described as the ugliest of monsters. Your total actual research could only be described as to be the best report on a subject that I have ever heard. A real gentleman! Thank you!

[@pamelahomeyer748]

Thank you there's no way that these parents are completely clean in this because obviously they transferred things to cover things up and get out of the country

[@n00dle_king]

I don’t think the parents were the masterminds but they were far and away the individuals with the most knowledge of how deeply immoral and illegal the whole operation was while benefiting financially. They deserve to be behind bars as much as anyone at FTX.

[@Bialy_1]

"I don’t think the parents were the masterminds" 🙃

[@tharan000]

It sounds like it was a legal/ethical/technological triad that earned an extremely large amount of money initially. Then the corruption spread. It is such an easy delusion to think you are special and outside of norms. I'll bet half the people reading this think they too are special, if the circumstances presented themselves.

[@tonyyates2012]

@@tharan000 I have it on good authority that I'm special, my mum and the short bus driver told me so.

[@fy8798]

I mean, like all crypto fans the parents were idiots, so "mastermind" is a bit of a stretch to call them, but that they were intimately involved in fraud is hard to dispute.

[@MrWarrenRB]

You don’t have to be the “mastermind” to benefit and profit from theft.

[@MichaelCampbell01]

Entire family is corrupt. Expect to see them running for office before long.

[@easymoneysniper9013]

He's gonna have to go the right wing route and say the RADICAL left blah blah but I KNOW how to fix it. Or the Democrat route. The right is going to bankrupt us all but I can save YOUR money just give it to me and I'll take good care of it

[@margaritayavila7455]

SBF's parents should be facing the law as well!!

[@slovokia]

It almost seems like SBFs parents thought that even if their son was charged with white collar crimes, they could finagle their way around the problem with various forms of legal sophistry. Either that or they are economically deluded and morally obtuse.

[@esterhudson5104]

This is a day in the life of a Northern California..

[@Muljinn]

Both? Both! Both is good…

[@TizBaz5]

Lil road to El Dorado reference there

[@johnanon658]

Jus 🇮🇱 things

[@timewa851]

They can't be both finaglers & morally obtuse & deluded? Of course they can be! I say we lock them in their home minus any electronic devices & ramen only for one year. All three.

[@burke9497]

It’s a sign of our times that Patrick Boyle’s videos are more entertaining and informative than anything put out by Hollywood, New York Times, PBS, BBC, etc. Thanks Patrick. ❤

[@theresa78201]

Thank you for supporting the channel!

[@discblaster9210]

Entertaining is quite the stretch

[@draco2xx]

you couldn't just make it $20, you people are so difficult🙄

[@Archaic_Youth]

@@draco2xxthat .01 was used to tip the non binary woke barista

[@shorttravelvideos9649]

Indeed

[@krapfantasy]

the wood nymph picture and joke will never not be funny hahaha

[@chrisl4999]

This answers so many questions.

[@stevemurch3245]

On the million dollar salary for his dad: “…And that’s probably a good negotiation tactic. Email the boss’ mom, I hear that always works.” I love Patrick’s humor.

[@theresa78201]

🤣The leverage is unbeatable.

[@ripvanrevs]

At least his dad wasn't a Vice President of a big country.

[@mas-udal-hassan9277]

​@@theresa78201 😅😅😅

[@mas-udal-hassan9277]

​@@ripvanrevs Hunter

[@dragonseatcheese8727]

I kinda figured they were in on it. I mean, it's hard to hide mass scale financial fraud when you live in your parent's basement.

[@dragonseatcheese8727]

@@dans2971 Right you are.

[@joelchee9308]

Patrick Boyle never fails to amuse as much as he tries to be serious about a serious matter.. we cannot deny that the biggest fraud case has been done by a bunch of nerds sharing one girlfriend is kind of humiliating

[@pholliez]

His mother taught “business ethics” 😂😂😂😂😂😂😂

[@chrismcclurg7164]

Mom and dad need to be indicted.

[@dertythegrower]

Yes.. for *for, for sure*

[@dertythegrower]

❤ if only there was justice

[@johnanon658]

Oy vey op, they were innocent bystander holobalunga survivors

[@CM_Burns]

"the actor Kevin O'Leary"....... not a video goes by without ridiculing Mr. O.

[@roc7880]

do not be confused with the actor Dennis O'Leahry

[@allegram3nte]

Well... since the Credit Suisse is gone...

[@michaelcanty4940]

Kevin O'Leary. Mr Wonderful?

[@iknklst]

Im just happy the parents were smart enough to well document every single illegal money transfer, made it so much easier for the investigators to follow the money trail. Bravo and brava! Well done!

[@chrisperrins8082]

The level of ripping off of customer monies of customers deposits by the parents is breathtaking. They were greedy and corrupt.

[@CreepahKillahRSA]

I have no idea how Boyle does such thorough research on such dense topics. Extremely impressive.

[@EMan-cu5zo]

He is definitely knowledgeable in this field.

[@flamingspinach]

He does do good research, but this particular video was mostly just summarizing what was written in the lawsuit filing, no?

[@tinnic]

He's a professor, that means he has minions in the form of students!

[@p-51d95]

And very humorous as well... dry as the Sahara.

[@SopwithTheCamel]

Mr Boyle to you.

[@Koba_78]

Professors of Legal Ethics and Tax Law at Stanford. Oh the irony.

[@qwertyplm13does51]

Stop it. It antisemitism.

[@qwertyplm13does51]

Stop noticing things for your own sake.

[@tann_man]

Its not irony. Its sincerity. Stanford is evil and corrupt. They were educated to do exactly this

[@robertbeisert3315]

Just what you might expect. Every time, it seems absurd. When it happens, we tend to ignore. Simplicity itself.

[@7mikeraj]

Clean out the criminals.

[@AndrewElgert]

I busted out laughing at "The actor Kevin O'Leary..." @ 1:06 Gold as always

[@leejones8977]

I love how everyone involved is shady. His parent's employers are also implicated. This is hilarious!

[@XCenturionX]

Sad, really

[@monophthalmus3254]

I emailed my boss' mom to negotiate for a pay raise. Thank you Patrick for the tip! Will update with results!

[@DarkOmegaMK2]

So... Did it work?😝

[@HansLasser]

We want to know 😂

[@mas-udal-hassan9277]

​@@DarkOmegaMK2😅😅😅

[@mas-udal-hassan9277]

​@@HansLasser😅😅😅😅😅

[@Sick_Pencil]

don't leave us hanging, did it work?

[@cecebarnes7715]

Thank you this detailed reporting. Appreciate your detailed coverage .

[@breid40oz]

Thank you for this analysis

[@TheThreatenedSwan]

Being an ethicist largely seems to involve trying to justify the most unethical and anti-social behavior, just spinning a whole bunch of words to rationalize attitudes those in power already hold/are trending toward.

[@user-zp7jp1vk2i]

Stanford, eh? Professors wandering around there right now must be shaking their collective heads. And reputations.

[@notting2640]

It’s called pilpul.

[@appalachiabrauchfrau]

it's a habit of theirs. My husband's got ASPD and he reads and re-reads weird law loopholes and obscure ordinances/county bylaws in order to maximize the smarm and spite he can show society and cops without technically breaking the social fabric/trust. They have a distaste for authority and social hierarchy that keeps things moving and so they undermine it.

[@the_expidition427]

It is not a book ban it is an age restriction

[@desertdude540]

Yes. Ethics is an inherently corrupt field whose practitioners carefully select a set of precepts that vaguely seem appealing but always contain suspicious gaps that permit or perhaps even mandate things that the "rubes" would consider grossly immoral.

[@rlbonner123456]

Maybe, at some point in life, we must all accept that there's never such a thing as a lone actor on wrongs of this magnitude. It takes a village to commit crimes this large, layered, and sophisticated.

[@bettycattk5298]

Are these creeps friends of Elizabeth Holmes and her family?!?!?…. Maybe cousins.

[@ferskenmjam252]

true

[@standalby6949]

It’s only stupid ppl that vote , real ones fight the crooked system

[@iAPX432]

As always excellent, and I totally appreciate the dry humour you distil!

[@CaryInVictoria]

It’s sad that the entire FTX debacle could have been avoided had Sam been counselled early on by a business ethics lawyer.

[@SONYAZSHOULDERPADS]

one that's not a crook

[@PradoTraceAZ]

SBF not being counseled is not the problem, SBF being a spoiled greedy self absorbed narcissist sociopath is.

[@user-ov4mk9ox8y]

@vishsagi2011 Dad said to me: If I haven't instilled honesty, a work ethic, and fair play by your age today, 13, it wont' happen.

[@Elesparto]

I could see how the house could accidentally be put into his parent's name. What happened was that Sam was at the time playing a game on the playstation and another game on Xbox and at the same time he was signing papers and quoting shakespear from memory because he is a genius. He had a pile of papers clipped together and mistakenly signed over the house to them. This mistake is called the genuis bloop.

[@Leibniz_28]

Sam has said we shouldn’t read books 😂

[@peterrocha9474]

Why people keeps saying he is a genius. He is a fraud and a thief.

[@RaptorTroll360]

At least he could've signed a couple million in "gifts" over to me, a roll of the dice i guess :(

[@Elesparto]

He might have another genius brain freeze and sign over his mother's house to you from jail@@RaptorTroll360

[@plantsforlife1919]

Quoting Shakespeare from memory does NOT a genius make. SBF is a math whiz. And him playing 2 video games at once - uh, can we say grow up, little boy? - and signing serious legal contracts/papers stuck in front of him at the same time isn't even in the "genius" ballpark. The multi million dollar homes, condos, apartments these kids were living in and the shameless way they threw money around was astonishing. And getting ol Sammy boy a nice prison cell for himself + one for his HAIR. Bye bye, Sam.

[@lucasdwright]

"The actor Kevin O'Leary..." is the most accurate description of the man I've ever heard.

[@danielguadian2716]

Patrick, That was outstanding work. Thank you....

[@tomelder6028]

Thank you ...this is a.very well spoken and informative...tangled web we weave

[@keevee09]

The apple never falls far from the tree, aye.

[@xlavahott4547]

I'm surprised his parents didn't get him on the Stanford Women's Rowing team with Pell grants.

[@mandybradley3079]

Put them in jail too.

[@Nousmourronsseuls]

Love the understated humour of Patrick running throughout this video.❤

[@greyfox79007]

SBF was a patsy for his parents.

[@Ronniezim]

Underrated comment. They used him for their own gain.

[@otto1630]

could be....like they were money laundering for a political party?

[@dertythegrower]

​@@Ronniezim❤

[@ludiprice]

This.

[@elizabethwinsor5140]

Well , you invest in your child and it's only right that you make good on that investment!

[@felinespirits]

From the earliest reports on SBF/FTX the articles were mentioning his parents. It seemed to me, just from the reporting, that a lot of folks had the impression that his parents were a lot more involved than appeared on the surface.

[@marcusbaca634]

Excellent analysis - thanks.

[@WillPower311]

1000 years in prison for all of them

[@kirkwilson6229]

Boy, I'm sure thrilled that people like this have been training our most expensive and powerful lawyers for years. What better vanguard against systemic corruption and privilege could you possibly have?

[@carlmorgan8452]

Right and wrong have some how been redefined, and now the bible doesn't matter ..... WRONG ! !

[@thedarknessthatcomesbefore4279]

​@@carlmorgan8452what has the bible got to do with anything?

[@ljohnson1908]

I had to stop and catch my breath after you said “The actor Kevin O’Leary…” 😂😂😂

[@gregorybrown7818]

Thank you Patrick for all you do!

[@narxic]

Thank you for putting together all the details and the breakdown. Great video.

[@DamonMurphy1]

1:05 "The actor Kevin O'Leary..." Thank you. I was beginning to think it was just me!

[@AdrianvanWijk]

You're a legend. I love your dry humor. "Maybe get your kid a ball." I can't get over SBF's mom's job description 😂.

[@mademsoisellerhapsody]

Maybe put your kid in ballet😅😂🤣

[@DecemberNames]

This video is straight-up fire! You're spitting some real knowledge, and I'm all for it. You're a real scholar, and you're doing a great job of making complex concepts accessible to the masses. It's clear that you've got a deep understanding of the subject matter, and you're able to communicate it in a clear and concise way. You're not afraid to express yourself authentically. You're a role model people everywhere, and I'm glad to see you using your platform to educate and empower others. It was so good, I had to leave a review. I'm not one of those fake ass bots, I'm a real person, and I'm telling you, this video is the real deal.

[@sanjaybhatikar]

Thank you for this video 🙏

[@jungefrau]

Articles before the downfall gushed over SBF's parents. So brilliant, so philosophical, so ethical!!

[@johnanon658]

🇮🇱📰 talking about 🇮🇱👩‍🏫🧑‍🏫

[@jeanpaulgrech6540]

They raised a billionaire effective altruist who drives a Toyota. Wouldn't you gush over them too?

[@namefinder]

His mother being a Professor on Legal Ethics... if you would write that for a legal drama/TV show nobody would believe it.

[@waterwomaninFL]

great report

[@sn4rff]

i've watched loads of videos about ftx and what went wrong - but i hadn't heard any of this before. thanks so much for this!