Consequentially Case News Today

If youre willing to deceive customers and attempt to hide your actions, we will be persistent in pursuing you and ensuring are brought to justice. i thank damian williams and his team at the southern district for their partnership on this case. i want to thank our partners at the s.e.c. and cftc to their outstanding work, and thanks for the foreign operations group for their logistics and resource assistance. our field office is in boston, miami, washington, d.c. and bridgetown. fbi headquarters...

And, of course, as damian floated before, his team in securities and commodities fraud, money laundering and trans-national criminal enterprise unit has been a true partner in this case. i also thank our international law enforcement partners. these cases do not happen without that kind of coordinate. i specifically want to note the assistance by the royal bahama police force. this case is about fraud. fraud is fraud. it does not matter the complexity of the investment scheme, it does not matter...

About the speed with which this all came together and how it stood out to you. it seems that the prosecutors established for themselves a strong case in terms of determining the intent here. weve heard all of these interviews from sam bankman-fried saying this is something he didnt know what was happening, to quote him, i just effd up, but from the details laid out in these indictments, it looked as if he specifically knew what he was do doging by. >> you adopt strip and fall and commit a fraud....

>> thank you, damian. thank you all for joining us for this important announcement. this case came together at great speed, in such that its only possible to be standing here today through tremendous coordination and cooperation from many people and agencies. bankman-fried defrauded customers. in addition, he executed deliberate transactions designed to obscure and disguise the misuse of customer funds he prey on his customers, abusing the trust placed not only in his company, but in himself as ...

Deliberate. >> 100%. if you are acting as somebody naive or careless, thats civil light. here thats not what was charged the justice department charged deliberate fraud, very why-ranging fraud schemes to fraud nonhis customers, but investors. they also charged wide-ranging conspiracies to commit campaign, very serious charge, and i will just say that the early indictment here, victor, the fact they indicted him a little over a month after the collapse, tells me that prosecutors are confident in ...

Offices and companies around the world. are you surprised with how quickly the doj acted? >> im actually shocked. i have worked -- when i was a federal prosecutor, i worked on wide-ranging, compression fraud cases. i worked on case with international components, and now i defend clients sometimes who are facing problems from regulators around the world. i have never seen a case move this quickly. this is such a large, consequentially case. its shocking how quickly the united states government ha...

Of a chance to meet with his attorneys until this morning. a judge handling this case could have a decision on whether or not hes going to be given a bail at 2:15 this afternoon when she comes back to hear the remaining arguments and whether or not to move forward. >> its very active course. kara is there at the prosecutors office. as we get updates, well bring you all back. carlos and kara, thank you both. the host of the podcast "its complicated" regnatto, good to see you. the s.e.c. fraud o...

>> very stark line here from the u.s. attorney, when he says come see us before we come see you, for those people who might be involved. renato, the degree of detail, specifically in the civil documents from the s.e.c., how much does that tell you about how many people and how much information they have already given in the last couple weeks. i have. >> theres a very wide-ranging investigation goods on here. i know and have worked with many of the people whose names were mentioned a moment ago, ...

Because theyll by hearsay, but prosecutors will be able to take the bits and statements that do incriminate him and theeism be able to put all of those in as admissions against him. his painted his attorney into a corner. i think his defense team will have a difficult time. its not easy to take a team that is as big as they have, and to put something like this -- put a marker down, saying theyre going to take this case on, this early, just weeks after the collapse of ftx, but i think it really s...