Sam Bankman-Fried & the Corporate Fraudsters - Crypto, Robinhood & the Rotten Capitalist System

EPISODE · Nov 10, 2023 · 43 MIN

Sam Bankman-Fried & the Corporate Fraudsters - Crypto, Robinhood & the Rotten Capitalist System

from On Strike! · host On Strike!

Crypto billionaire Sam Bankman-Fried carried out one of the largest financial frauds in the history of capitalism and was just convicted on all counts. This week, Kshama Sawant and Bia Lacombe talk crypto and other financial scams, which were talked up as new ways to get rich quick—but when working people invested what little money they had, the rug was pulled out from under them by big finance and they lost everything. What does the Bankman-Fried case mean for the millions of ordinary people who have lost money to these schemes, and why is he being convicted when most corporate fraudsters never see the inside of a jail cell? Can we trust the justice system to hold other billionaires accountable? And what does the proliferation of these “new avenues” for wealth—crypto, Robinhood, NFTs, etc—say about the capitalist system as a whole? Kshama Sawant and Bia Lacombe speak with Brian Harrison, a Workers Strike Back activist and socialist lawyer, and other WSB activists about how these scams work and how they impact working class people’s lives. On Strike is 100% funded by working people. Donate now to support our work: https://www.workersstrikeback.org/donate Or support us on Patreon: https://www.patreon.com/OnStrikeShow On Strike is a production of Workers Strike Back, hosted by Kshama Sawant and Bia Lacombe. #SamBankmanFried #SBF #FTX #CryptoCurrency #crypto #Robinhood #WorkingClass #Billionaires

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Sam Bankman-Fried & the Corporate Fraudsters - Crypto, Robinhood & the Rotten Capitalist System

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