I Accidentally Interviewed SBF And He Hated It

0:00 Intro 1:07 Interview #1 - Explain the missing $8 Billion 1:58 Sam explains the "accounting error" 2:58 Sam Claimed He Couldn't See $8 Billion 3:24 Sam Agrees 3:35 Sam's Employees Laughed at His Explanation 4:52 I interrupt Sam 5:25 "I was vaguely aware some of these systems existed" 5:50 Sam tells the interviewer he has to leave 6:02 Interview #2 - Sam's Terms of Service 7:00 "My memory is that it was more than a billion" 8:20 Sam's Story Isn't Consistent with Insiders 9:33 "I'm saying what I believe" 9:45 Why do people in your company know more than you? 9:53 I don't know what they said 10:07 I'm telling you what they said 10:34 Alot of the position did not appear 10:40 So where was the position 10:55 Who controlled the Secret Stub Account? 11:04 Are we supposed to believe nobody knew about it? 11:16 Somebody had to lose the money 11:22 Seems really convenient... Yeah I don't know what to tell you 11:34 Sam knew Alameda's financials per Forbes 11:58 Sam hasn't seen the article 12:43 But that means you knew what Alameda had 13:13 What if we find out you're lying... 13:41 SAM: I think a lot of my credibility is already gone 14:00 Host: Is there a chance to get our money back? 15:12 Was the $4 billion ever real? 15:22 Uhh I think it uhh I don't know for sure 15:48 Misleading M2M statements, were you deliberately misleading? 16:27 Sam acknowledges he wrong.. "Massively misjudged" 17:02 What do you mean? No way you make a simple mistake like that 17:22 Pretty big misjudgement I made 18:26 Makes no sense even without a market crash 18:52 The answer seems to always be "I made an embarrassing mistake" 19:26 I was starting with M2M and adjusting down 19:47 You never marked down 20:22 Was that FTX US? 20:25 Sam leaves the call again, but comes back 20:29 I have a question about Dan Friedberg 20:37 Sam doesn't feel comfortable talking about Dan... 21:10 A tale of two failures: Fraud or Negligence 21:52 Your lawyer's biggest achievement was hiding fraud 22:09 Sam: We had a number of people in our legal department 22:35 He was the chief guy, he should've caught this stuff.. 23:48 Why'd you choose him specifically? 24:28 Not a failure of regulation 26:18 Sam leaves the call