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Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:35:00

bankruptcy process in total ftx owes customers $8.7 billion. of that 7 billion has been record and while new management hopes to trace more there is little confidence of finding every dollar. we re not going to be able to recover all the losses here. money was spent that we ll never get back. forensic accounting experts say customers will be waiting a while for what money they do see. some bernie madoff victims are still in limbo. entrepreneur kevin o leary, ftx investor and customer himself share there are millions who lost money like him. our corporate accounts were swept. we watched the assets just leave. when i lose this much money, i cry like a baby because i have to make it in the first place. it really hit me. some missing funds allegedly went to political campaigns like to house minority leader hakeem jeffries on or about through the senate majority fund. court filings accuse sbf

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Transcripts for FOXNEWS FOX Friends First 20240604 10:04:00

trying to build a case against him and now he is in prison in the bahamas and likely be extradited very soon. upward of 1 billion people lost 1 million people lost over a billion dollars and there are faces behind those people. one of them is this ftx investor who we spoke to last month who lost $2 million. he was saying he wants bankman-fried, i m sure he is happy about this news this morning. take a listen to what he has to say. it is clear-cut case of fraud, the guy doesn t even have an accountants, how do you not have an accountant or cfo? seems like fraud from the beginning, he should be behind bars and made to surrender the assets he s hidden and

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Transcripts for FOXNEWS Cavuto Live 20240604 15:16:00

and from ter ticket fiasco to crypto. and this is coming from the guy who oversaw and runs bankruptcy. is he right, let s ask ftx investor who lost more than $2 million in the company s collapse, evan luthera joins me now. let me start with the latest coming from the wall street journal that ftx raised $420 million in funds. 300 million of those went to sam bankman freed. he cashed out some of his personal stake, how does that make you feel? from all the fiasco i have come to realize that sam bankman is a bad actor because we already know that this is a bad actor, this is a fraud, this is

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