SBF funneled $10bn of user funds from his centralized crypto exchange FTX to the trading arm of his empire, Alameda. There, the top brass made risky bets and caused a widespread meltdown. SBF HAS since been replaced by an interim CEO - John Ray who was also sent in to clean up the ENRON mess – and in his first filing he said FTX’s case is the worst he’s seen in his career – a BIGGER MESS than enron.

This week, we’ve seen a whirlwind of opinions and speculations about whether or not Sam Bankman Fried’s gonna do any time behind bars.

There’s even a new cryptocurrency called Jail SBF, or the $JSBF token who’s creators claim their ‘’Mission Is To Educate and create awareness in crypto’’....

So is he going to jail or not?

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0:00 Customer funds
0:49 Old fashioned scam
1:31 Why does it matter for DeFi
2:08 Regulators
4:18 More evidence
7:01 Legal opinions

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