The FTX Trial Explained Ft. Rex Chatterjee
11/13/23 • 50 min
Sara and Danny are joined by attorney Rex Chatterjee, who explains why the FTX case is actually simpler than you might think. He walks Danny and Sara through the basics of wire fraud, how this kind of trial works, Sam Bankman-Fried's strategy of placing the blame on his attorneys, and why venture capitalists keep bankrolling narcissists who "move fast and break shit."
Note: This episode was recorded before the verdict was announced.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Sara and Danny are joined by attorney Rex Chatterjee, who explains why the FTX case is actually simpler than you might think. He walks Danny and Sara through the basics of wire fraud, how this kind of trial works, Sam Bankman-Fried's strategy of placing the blame on his attorneys, and why venture capitalists keep bankrolling narcissists who "move fast and break shit."
Note: This episode was recorded before the verdict was announced.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
Scams From The Headlines: Defrauding The Lottery, Fake Remote Employment, & Nefarious AI
Danny's flying solo this week with another roundup of recent newsworthy scams. First up, a Massachusetts family defrauds the lottery out of $20 million. Then, an Australian woman is the latest victim of an employment scam, losing her life savings. And finally, striking actors are being recruited for AI research that may end up replacing them in the future.
SOURCES:
https://nypost.com/2023/10/25/news/how-a-massachusetts-family-scammed-the-lottery-out-of-20-million/
https://www.news.com.au/finance/work/at-work/aussie-mum-loses-her-life-savings-to-a-cruel-employment-scam/news-story/13a9a41820d16246d020b51a0b5dad96
https://www.technologyreview.com/2023/10/19/1081974/meta-realeyes-artificial-intelligence-hollywood-actors-strike/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Next Episode
Zach Avery and The Biggest Ponzi Scheme You’ve Never Heard of
Sara and Danny catch up on the latest RHOSLC drama before diving into this week's story: aspiring actor-turned-scammer Zachary J Horowitz aka Zach Avery. Avery was charged with wire fraud when he used his company, 1inMM Capital LLC, to collect $650 million in fraudulent regional distribution agreements for various streaming platforms.
SOURCES:
https://ew.com/celebrity/zach-avery-20-years-in-prison-ponzi-scheme/
https://www.sec.gov/files/litigation/complaints/2021/comp-pr2021-58.pdf
Learn more about your ad choices. Visit megaphone.fm/adchoices
If you like this episode you’ll love
Episode Comments
Featured in these lists
The best podcasts for Your True Crime Fix
Curated by Ky
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/not-another-true-crime-podcast-18456/the-ftx-trial-explained-ft-rex-chatterjee-36700375"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to the ftx trial explained ft. rex chatterjee on goodpods" style="width: 225px" /> </a>
Copy