CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Brendan Quigley of Baker Botts reacts to Sam Bankman-Fried’s testimony.

    Chapters:
    00:00 – CNBC Crypto World, Oct 27, 2023
    0:22 – Bitcoin pops 15%
    1:24 – SBF trial
    2:50 – Brendan Quigley of Baker Botts

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    Sam Bankman-Fried testifies that he didn’t commit fraud: CNBC Crypto World

    17 Comments

    1. Although< I have interests in global economics I don't watch the news anymore… I have enough FUD. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. My strategy in this climate has been to trade judiciously, secure profits, and I can't praise Jacob Kucia enough for his stellar work in analyzing charts, trades, and techniques. His expertise has been instrumental in expanding my portfolio. I would highly recommend him to anyone looking to grow their investments

    2. He borrowed money without consent and then he was not able to pay back because he spent money on gambling, drugs and some other stuff but that wasn't a fraud at all, was just a borrowing for effective altruism

    3. On CNBC, i read about someone who is making $20k a month just from trading in the market, using money he saved up in the past. That is amazing. Who does that and how?🎉🎉🎉

    4. He could not recall specific conversations with previous lawyers that would convince the Judge it was an affirmative defense. He presented no evidence to support that, is what it sounds like, so the Judge did not allow it to be presented to the jury. It may have caused doubt, but it was not supported by evidence.

    5. With the current instability in the crypto market the best way to make huge profits, would be with the help of an expert with the required experience.

    6. Yes and a lot of ways he was played like a fiddle the people that put up the capital are responsible for not overseeing his operations the investors etc

    7. It's interesting to see how the growing appeal of cryptocurrencies like Bitcoin, as an alternative asset during times of eroding confidence in traditional banking, has attracted retail investors. The permissionless and autonomous nature of cryptocurrencies offers a sense of safety and value in the ever-evolving world of finance. This context further highlights the significance of Mr Bennett Fauci's excellent trading strategy, which has enabled me to amass 32 btc in just three weeks. In the field of cryptocurrency trading, Mr Fauci has proven to be a true visionary.

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