👀 Look out for the [💎] emoji in timecodes. These are highlited tips/advices Martin throws out for free. ► We Have Bigger Problems Than Climate Change Right Now | BEST OF Martin Shkreli COMPILATION th-cam.com/video/stkdFIvzr30/w-d-xo.html ► Never Underestimate Stock Based Compensation & The Black-Scholes Model! | Martin Shkreli th-cam.com/video/lz-7VB7oAlE/w-d-xo.html ► Their OxyContin Alternative Could Be Huge | Mr. Shkreli Analyses Vertex Pharmaceuticals (VRTX) stock th-cam.com/video/K4yAjCjnVq4/w-d-xo.html ► Let me tell you some stock recommendations | Martin Shkreli Analyses Immunogen inc. (IMGN) stock th-cam.com/video/E5tTENW9QhI/w-d-xo.html
selegiline withdrawal probably feels very parkinsonian. the adderall was just a cover for what he's really addicted to. theoretically, selegiline should be extra good-feeling without nearly as much stress from the adrenaline of stimulants like amphetamines
@@josemejia9349 i said selegiline withdrawal. stimulant withdrawal isn't bad which is why i wondered why he'd say he needed 30mg of adderall a day to function
Everybody invested in crypto will lose and crash either way. Sbf just made them burn a little quicker. Crypto is one big scam and everybody involved are partakers, not just Sbf
Crazy to think 10-20 years of your life could be determined by the "draw" of the judge. Got the wrong judge? Oopsie, there goes 20 more years! That's completely insane if you think about it for 5 seconds.
Ultimately the years are decided by the defendant. Some judge may give you 10 years, another may give you 30 years. While I do agree with your point and the absurdity of the lack of precedence in justice, your sentencing should be viewed as 10-30 years, not the discrepancy between judges. If you can't do the time, don't do the crime.
@2:05 "why would he be facing life, it's not like he killed anybody?" What is worse, killing someone, or frauduently destroying MILLIONS of people's financial future, resulting in who knows how many suicides? I know which one I'd pick.
When he mentions Judge Forrest 14:57 I thought of Ross Ulbricht who she sentenced to two life sentences, plus 40 years (also lifetime probation plus 9 years of probation "in the unlikely event you are ever released"). The widow-maker indeed.
Come on bro! Ross was trafficking everything under the sun and paid undercover FBI to kill multiple people. Sam was in the Bahamas wearing oversized t-shirts giving zoom interviews to TH-cam influencers.
one of the entities SBF scammed is Temasek Holdings, a Singapore SWF and becos of this saga, TH has been getting alot of stick from the country's citizens. so yeah, its either 50 years or Life.
No offence but when you use acronyms for business holdings in other countries how are people supposed to know exactly what you are talking about? Not being mean I actually like your comment but many people wouldn't understand what you said.
Free Ross! That ruling was ridiculous. Poor guy is going to die in prison while murderers serve a fraction of the time. Seems like such a harsh and cruel punishment.
If you look at lawsuits and settlements arising out of corporate negligence or operations that kill people (defective machines, medications, etc) it's more like $135
It's not all just the press. If you look objectively at some of the things Shrekli has done, they're pretty damn unethical. If you look at it emotionally? I'd use the word heartless, rather than just unethical.
People don't realize, you can easily get a life without parole charge in this country. I had no idea, in TX at least, you can get capital murder for a robbery gone wrong situation.....even if you aren't even there. I have a friend get charged with that, b/c she was forced to be in the car, and go along at gun point to it, and an accomplice. They used her as a fall guy/girl/patsy, all fingered her. She's been in prison for 5 years, those 3 FINALLY got arrested last year and are getting a trial now. Federal sentancing is a whole nother story.
I didn't have any money with FTX, but over the decades, I've lost money a few times investing in stocks of companies that seemed more than legit and turned out to be frauds. I have no sympathy, and I hope this sends a message to CEOs and other people who are trusted by millions of small investors.
I have no symphaty for you. People like you would love that easy money eh? Investing is like gambling, you took a risk and it backfired. You wetent happy just keeping your money to yourself like I do so your greed got to you. Boo hoo
@@joeaverage3444 Investing is a risk but people seem to forget this. There are also different types of investing. I am very aware of it all, the gambling analogy was to simplify it. It is a risk. So you didnt consider that you might lose all your investment? Then I am sorry nobody explained it to you. Again everybody hates gambling because the risk factor is quite transparent but still doesnt make it much different than what you did with your money.
He will be remembered for a very long time, I bet they make a movie about it, they could use all the interviews he did on TH-cam to make the movie more real life, Netflix will be onto it for sure
Given how significant the amount that was stolen, I’m not surprised this is happening. This is truly an epic morality tale being played out in real life before our eyes. Honestly, many regular people got burned, so I have no sympathy for him.
Exactly. Since he gave so much money to Democrats let's see how easy he gets off... The guy made people kill themselves over that money, divorces, etc .
Shkreli has so much potential it's just that he'll always be remembered as having the biggest shit-eating grin while hiking the price of that drug even though he was hiking it on rip-off merchant insurance companies and not the actual people. I dont know if that had any knock on effect on their premiums but i dont think he was directly overcharging people
@@blackcatlullaby I’m a refined European 😂 I have no idea how American health insurance works. We get everything free here. Free doc visits, free surgery and free medication. Can’t imagine that extra added pressure. America should probably spend a couple trillion or so less tax dollars on war machines and invest in its people
@@morimoko 😂😂😂 true. I’ve recently moved to the UK and the place is in political turmoil. The trains, nurses and postal service are on strike this week for higher pay while a member of parliament is being investigated for chanelling 3 million of tax payer money to her own account. On top of that the Vice President of the European Parliament has been fired and arrested after bags of cash were found in her apartment suspected to be bribes from Qatar. So where there are humans, there’s problems
Refined as in processed? Like a product? I’d rather be natural. Umm.. yeah, that’s great, Im happy for you. I don’t waste my time “should-ing” on nation states. Much less tell a random person about it.
I could listen to Martin all day, and a lot of what he talks about I'm unfamiliar with but he speaks on things that most people with some intelligence can actually grasp and understand what he's saying. I wish teachers were like Martin. I feel he could make education fun and make it so anyone can understand things your just learning that day. So glad you are free and doing well.✌
He’s outspoken for sure. It’s hard this day in age to stay open-minded about people. People are complex. He paid his due. I like him too, but I can see how he pisses people off. He’s expresses his opinions.
Don’t forget he’s still a piece of shit took a life saving drug and turned it into profit fuck all that fraud stuff that’s nothing compared to the lives he’s cost
@@Christopher-tayso Hopefully he’s turned his life around. He served his time and forfeited his fortune. I’m pretty sure people with similar views like you, will make sure his crimes will never be forgotten. People are complex and capable of horrific as well great things in a single lifetime. Let’s hope he atones for his bad behavior with a ethical life.
@@taljr07470 I’d forgive him if he learned his lesson but his explanation was the drug was gonna die if he didn’t raise the price so he hike it up by %5000
Classic example of people thinking the devil will bail them out when they get it trouble. They took his money, are going to put him in jail, and throw away the key.
Lol the devil gave him the opportunity for money. The money was not even a part of this operation; it was the machine. Sbf broke the machine. He is now on the same level as a schizophrenic, homless, street walker. If he gets .01 days of prison; he is out of the game. A scheme gone wrong and a person with early retirement in his future
His only chance is if he somehow still has access to money which some influential people lost. He might get off easy in exchange for recovering that behind the scenes. He seemed so unconcerned, I wouldn't be surprised if he has some secret cards in the back pocket.
@@04dram04 You know those dudes standing outside the homeless shelter drinking coffee and smoking cigarettes? That's what I'd be doing. No id card. Just an alias. It would suck, but it would be 1000% better than sitting in prison. I'd panhandle for cash. Learn to play the guitar or something so I could busk on the sidewalk, and maybe get laid once in a while.
@@04dram04 if you have the $$$ you can become a part of a small village community - they will hide your existence and true id, but you have to spend $$$ on the things the village needs
This being a federal crime he will have to do at least 85 percent of his sentence before he will be eligible for parole . I dont see him getting a lite sentence when this has effected so many people just my thought.
I agree, I went to prison myself and that guideline sentencing table brought flashbacks LOL. He better co-operate and get that sentence brought down and cough up some money.
I also went to school for chemistry and specializing in biomedical chemistry Now I speculate on pharmaceutical companies on the stock market. It's the best.
Don’t know why you’re so concerned with his future when he’s responsible for unmeasurable suffering of millions of innocent people. He unfortunately needs to serve as a warning to those who may consider doing the same - either by gross negligence or willful fraud.
His parents have finessed Congress before, I'm sure he thought he'd be safe. His dad probably assured him of it, he basically coached him through running this company.
@@oliverheber599 I don't feel bad for people who invest in some offshore unregulated exchange. They knew it was high risk. I do feel bad for SBF because unlike Madoff or Holmes this wasn't a scam. The market collapsed and he did unethical things to try and keep things afloat. I don't think that's worth life in prison. He should get the Holmes 11 year type sentence. There are murderers who don't get life.
Theres no way in hell a first offender will look at life. He still has tons of money for lawyers. I bet he will get like 14 years. And I bet he'll get off after like 6-7 years with house arrest and probation for 5 years.
@@TonyDanza4Lyfe lets exclude violent offenders when referring to this type of white-collar crime. Madoff pleaded guilty to 11 federal offenses and stole about 5 times as much from his victims. Madoff stole like 65 billion. He got 150 years. Enron stole like 74billion The largest sentence was 25 years. Bankman stole 12 billion with 8 felony charges filed. He wont get life.
Very good info here, but Martin's take on federal prosecutors is way off. Federal prosecutor is the dream job of many students who go to top law schools, and the only way to get it is generally to be a star at a top law school, and work for an elite law firm for several years. Some may be young (though not a "couple years" out of law school like Martin says), but to say they are mostly unskilled when they had had to have demonstrated very high competence at every level in their legal career to get the position is silly, and Martin probably knows this and is just being a bit salty. Now if we were talking about state level prosecutors, I think what he said would be spot-on (it's not a very sought-after position), but that wouldn't be relevant for Sam's case (nor Martin's).
He’s off a bit mostly about the people who work as federal prosecutors in the office that is charging SBFs case. Young attorneys hired for this office and in this district are likely to be students of top tier law schools because a federal prosecutor position in this specific office is definitely an in demand role. But the role itself is largely in demand because of what one can gain from it on the other side through the relationships and connections that are made in a prominent office like this one. Young attorneys who work in this role will eventually start being poached away by elite law firms and make giant sums of money. It also does a lot in the way of propelling attorneys interested in a political career to be able to spring into that space. So it’s a competitive position to land but not necessarily because people want to be in the job itself for an extended period of time. But at the same time the people who do stay in one of these roles for a long time are going to be tough adversaries to face. People who choose to stay in this role are people who are extremely passionate about the role. They’re people who are turning down lucrative private sector opportunities to be overworked and severely underpaid in comparison to what they could be earning and those are people you can’t take lightly or it’s at your detriment.
Shkrelli are you still facing possible jail sentencing in any other existing cases against you? or you are a 100% freeman ? (btw .. i really enjoy listening to you, its very educational, its always been like that, even before your trouble years.. but this new version of you.. more mature.. is awesome! i really hope your life continues to be as good as it seems now)
It hit me today… for Martin to be so intricately familiar with the process, sentencing tables, and the judges temperaments, he must have been obsessing over his trial to the point of losing his mind. It’s a crying shame what happened to you Martin. I’m glad you’re not (or at least trying to not) be bitter about it. You’re a bigger person than me.
Perhaps you should worry about the people who could no longer affort Dataprim after he greedily hiked the price. (and no, they couldn't get it for free, that's a lie that has been debunked in his trial)
@@InXLsisDeo Perhaps I should, and perhaps I shouldn’t. Perhaps you should focus on who you choose to worry about, and leave others distribute their worry as they see fit. I would however love to see the evidence used at trial to debunk that the uninsured could solicit his company for free doses. Trial record transcript page numbers will do nicely. Make me a believer.
Wow, that’s crazy if he gets 20+ years. What a shame. The dude could have been pretty wealthy without having to do any fraud. I don’t know what led him down this unrighteous path.
This was entertaining. The Feds didn't like Martin's arrogance, but he had NO Victims, I always thought he was railroaded. Glad he's trying to rebuild his life. I think he is a genius and his videos on investing is better than any university courses taught today. Best of luck. Look at Jordan Belfort. His sales courses and podcast have turned him around in the court of public opinion.
@@alexjay1635 he went to jail for fraud. No victims. He paid his dues. No he can, as a felon, make a new life. Ismt that what the penal system is for? And raising drug prices isn't a crime to keep a company solvent.
Martin you are an extremely funny person. If I just see a thumbnail for one of your videos it usually makes me laugh before I even click to watch. Cheers!
Love this channel and glad to have you back! I know you dabbled in Magic the Gathering. You might want to check out Flesh and Blood, it's actually a great game.
He’s right about politicians not saving him. They’re self interested, maybe a President on his last day in in office one day if he plies them with enough cash.
bro, this guy literally went from a corrupt CEO that way overpriced the drugs to fraudulent levels, then went to jail and turned into a casual business TH-camr that id find 2-3 years ago
SBF biggest worry right now is getting out of Fox Hill ASAP. The conditions found by State Dept and guard interviews are deplorable. Its not just the rats, buckets for toilets etc. Hard criminals refuse to leave their cells out of fear of violence from other inmates and CO's. He has "powerful" parents that have worked out visits to console and bring him food . It won't be much better once extradited. But I think his health and safety would improve somewhat. As long as he doesn't know or say something he shouldn't I dont think he will be "Jepsteined"
Man it's really cool how this guy keeps an unnecessary terminal window visible in his screen for no reason. We're all really impressed that he looked at the contents of a Javascript framework directory. Definitely something he had a reason to do, he's not the type of person to show a terminal window because to nontechnical people it looks totally badass like the matrix
Bro Martin talking about politicians being vicious is hilarious because it’s obvious he’s talking from experience. Either the politician taking your money didn’t do it for quid pro quo or the politician taking your money with the expectation of quid pro quo doesn’t have the moral scruples to not engage in those sort of deals and therefor inherently can’t be trusted. The only scenario where they’re vicious is where you were trying to buy a politician, which speaks to your ethics just as much as theirs.
You can parole at 10 in the feds. Even with a life sentence. And I don't see him as the type to stab someone for cutting in line at the tennis courts, so realistically 10-15.
@@tylermiller8142 why not? Madoff got 150 years. He could easily get 115. His arrogance is not going to play well in court. His entire fake persona is going to look very bad. He was very deceptive from the start.
@@Jordan-Ramses because people don’t look at him the same as Madoff. SBF strategically chose to align himself with very powerful people on both sides of politics and put millions in their pockets. He deserves 115 it’s just my opinion that he won’t get that
In the end the governments gets it all. Right now the Bahamas is squeezing Sam he already agreed to release 200 mill to the attorney general of the Bahamas for the citizens that invested in FTX
He's connected well enough to drag this out long enough for so many other cryptos to collapse, he'll end up looking like a well-intentioned soul who got played by the big meanies.
@@Kstunnnaman23 Why did they arrest and incarcerate him the day before he would have been in person in the US in front of an investigative committee? They 'charge' him with stupidity or maybe negligence after everything cools down.
SBF was funding very powerful political figures. They will make it look like he is being punished but they will pardon him when the heat comes off him.
to what end? they got their donations, and this guy is never going to be able to donate like that again. even if things were so corrupt, SBF has no credibility and no value
I doubt his parents can pull those kinds of favors. He serves no more utility to powerful political figures. For all they care, he can rot below the prison for embarrassing them.
I can see that happening. However, there is no financial incentive of saving him as he is locked out of all assets so they can’t keep milking him for money.
@Valborg The entire FTX business model seemed like a slush fund for the 2024 democratic election. Ryan Salame was even larping as republican with Obama worker girlfriend Michelle Bond to ruin republicans running for office.
3:30 an argument that the judge bought? You mean they proved something against you? Obviously the former sounds better. This is why people shouldn't trust other too much online unless they have some skin in the game. Unless they are staking their reputation or are incurring legal consequences.
Wait for Sam to hit them with "On the advice of counsel, I invoke my Fifth Amendment privilege against self incrimination and respectfully decline to answer your question."
👀 Look out for the [💎] emoji in timecodes. These are highlited tips/advices Martin throws out for free.
► We Have Bigger Problems Than Climate Change Right Now | BEST OF Martin Shkreli COMPILATION th-cam.com/video/stkdFIvzr30/w-d-xo.html
► Never Underestimate Stock Based Compensation & The Black-Scholes Model! | Martin Shkreli th-cam.com/video/lz-7VB7oAlE/w-d-xo.html
► Their OxyContin Alternative Could Be Huge | Mr. Shkreli Analyses Vertex Pharmaceuticals (VRTX) stock th-cam.com/video/K4yAjCjnVq4/w-d-xo.html
► Let me tell you some stock recommendations | Martin Shkreli Analyses Immunogen inc. (IMGN) stock th-cam.com/video/E5tTENW9QhI/w-d-xo.html
I can’t believe this dude did a jail run and is back at his apartment now predicting sams sentence
that could’ve been Gunna but he decided to snitch
Bro I subscribed for the lolz
@@kavid8120 LOOOOOOOOL ur wild for that haha Free thug.
@@plug4you he’s fine where he’s at
How the heck did he get out of jail so fast?
The fact he knows these judges on a 1st name basis is hilarious
takes one scumbag to understand another lol.. But hey, Im also a scumbag, so I guess I cant talk.
@@JonHop1 probably not as bad at these guys 😂
@@JonHop1 these dudes would sell their moms feet for a dollar .
@@ST5S5 FUCKIN HOPEFULLY. @jon Hop You steal billions or dollars and then go live on twitter and try to lie about it? lol
In his defense, I would’ve done research as well if I had committed the same amount of crime as he did.
Sam is going through the most brutal Adderal withdrawal of all time right now, guaranteed.
selegiline withdrawal probably feels very parkinsonian. the adderall was just a cover for what he's really addicted to. theoretically, selegiline should be extra good-feeling without nearly as much stress from the adrenaline of stimulants like amphetamines
#HappyNewYear
What If... th-cam.com/video/0eyefEHOFdU/w-d-xo.html
I almost feel sorry for the guy lol
Meth withdrawal is not that bad.
@@josemejia9349 i said selegiline withdrawal. stimulant withdrawal isn't bad which is why i wondered why he'd say he needed 30mg of adderall a day to function
Martin: “1. Plead guilty quickly
2. Cooperate as much as possible
3. Recover missing money
And youll get 25-30 years”
SBF: 😮
He deserves all the time in prison and more
They money is long gone lol
hes facing life but once he gives up the rest of his money he will get 10 years at the most
@@wanderbread4217 I think they will make an example out of him
@@BestOfTate23 they care more about the money than morale. the justice system is strictly about money.
Post Prison Shkreli wisdom is something else
Jail changed him.
When crime is your life, you tend to know a lot about it.
You could call it post nut clarity
@@drooplug He knows a lot about everything! Are you new to his channel?
@@humaniod-robotics This isn't his channel.
I love his "Risk management Dept" hoodie 😂😂😂
I want that hoodie
Bought the same
@@niikurasu2855 where from?
@@niikurasu2855 yea from where?
@@lukealadeen7836
Check other comment
"why's he getting life, it's not like he killed anybody"
Technically he killed them indirectly by stealing their life savings and many to suicide.
Everybody invested in crypto will lose and crash either way. Sbf just made them burn a little quicker. Crypto is one big scam and everybody involved are partakers, not just Sbf
I wonder how many died from this dude talking raising costs of aids medication..
Any links to this?
if you kill yourself because you lost money, you deserve to die. you want to give sbf the responsibility for suicides? 🤣
@@TheSteinbitt links? There wouldn’t be links for that, that’s what happens with economic despair. Need a link for that?
Crazy to think 10-20 years of your life could be determined by the "draw" of the judge.
Got the wrong judge? Oopsie, there goes 20 more years!
That's completely insane if you think about it for 5 seconds.
You also better hope your judge woke up on the right side of the bed on sentencing day. If they are in a bad mood, good luck.
It's crazy how subjective law is, when it's supposed to be objective.
Ultimately the years are decided by the defendant. Some judge may give you 10 years, another may give you 30 years. While I do agree with your point and the absurdity of the lack of precedence in justice, your sentencing should be viewed as 10-30 years, not the discrepancy between judges. If you can't do the time, don't do the crime.
Absolutely. Our justice system is a lot more messed up than we would like to think. Look of Ross Ulbricht. His sentencing was very political.
@@forthehomies7043 really dumb take
“Well if you look at the guidelines for fraud…”
“I’m listening… to the expert, yes” 😂
Aged like fine wine
I have defended fraudsters in federal court and everything you just said was 100% accurate.
Stop, you rarely leave your basement
Name one case you worked on or one fraudster you defended. Shouldn’t be a problem because these cases are public. Do it.
all your clients send their love from prison.
I checked pacer and there’s an Adam cole on at least one fraud case
Source: trust me bro
If a cemetry has an account at FTX...LOL...This channel is gold!
They all voted so I wouldn't doubt it.
@2:05 "why would he be facing life, it's not like he killed anybody?"
What is worse, killing someone, or frauduently destroying MILLIONS of people's financial future, resulting in who knows how many suicides? I know which one I'd pick.
When he mentions Judge Forrest 14:57 I thought of Ross Ulbricht who she sentenced to two life sentences, plus 40 years (also lifetime probation plus 9 years of probation "in the unlikely event you are ever released"). The widow-maker indeed.
free ross!
The fact we allow women into such positions is a mockery of the legal system
@@sneedfeed3179 so true, they belong in the kitchen amirite!
Come on bro! Ross was trafficking everything under the sun and paid undercover FBI to kill multiple people. Sam was in the Bahamas wearing oversized t-shirts giving zoom interviews to TH-cam influencers.
@@Victor-qy1uy yes, unironically
Sentencing tables lol 😂 dying
😂😂😂😂😂😂😂😂😂😂
Martin this is good content / interesting. Stay on this kind of track with your life choices.
one of the entities SBF scammed is Temasek Holdings, a Singapore SWF and becos of this saga, TH has been getting alot of stick from the country's citizens. so yeah, its either 50 years or Life.
He's gonna get Epstein'd
literally our pension fund. SG government lol buy high sell low as usual
If he gets out it'll be when he's so old and sick they don't want to deal with him anymore.
Did Temasek buy in directly or was it through the VCs who were sold on the scam?
No offence but when you use acronyms for business holdings in other countries how are people supposed to know exactly what you are talking about?
Not being mean I actually like your comment but many people wouldn't understand what you said.
"No judge goes above guidelines..."
Ross Ulbricht has entered the chat.
😂👍
Free Ross! That ruling was ridiculous. Poor guy is going to die in prison while murderers serve a fraction of the time. Seems like such a harsh and cruel punishment.
@@pennywisethedancingclown4024 and the the corrupt cops did not get any punishment
14:57 Except Forrest the widowmaker, which was the one Ross got. Shkreli knows his stuff.
@@pennywisethedancingclown4024 Ya gotta pay to play. His flagrance and possible influence is why he was sentenced.
So a human life is worth $9,500,000 because if your financial crimes result in damages over that amount you get the same penalty as a killer.
If you look at lawsuits and settlements arising out of corporate negligence or operations that kill people (defective machines, medications, etc) it's more like $135
i have to admit this guy is smart, and more likeable than what the press makes him to be
So he went from a 0 to a 1.
That’s how ‘the press’ does it my dude.
he's a sociopath lol
Likeable, but still human garbage
It's not all just the press. If you look objectively at some of the things Shrekli has done, they're pretty damn unethical. If you look at it emotionally? I'd use the word heartless, rather than just unethical.
People don't realize, you can easily get a life without parole charge in this country. I had no idea, in TX at least, you can get capital murder for a robbery gone wrong situation.....even if you aren't even there. I have a friend get charged with that, b/c she was forced to be in the car, and go along at gun point to it, and an accomplice. They used her as a fall guy/girl/patsy, all fingered her. She's been in prison for 5 years, those 3 FINALLY got arrested last year and are getting a trial now.
Federal sentancing is a whole nother story.
I didn't have any money with FTX, but over the decades, I've lost money a few times investing in stocks of companies that seemed more than legit and turned out to be frauds. I have no sympathy, and I hope this sends a message to CEOs and other people who are trusted by millions of small investors.
I have no symphaty for you. People like you would love that easy money eh? Investing is like gambling, you took a risk and it backfired. You wetent happy just keeping your money to yourself like I do so your greed got to you. Boo hoo
@@outlander234 You obviously don't know the difference between gambling and investing. Which explains your abrasive attitude here.
@@joeaverage3444 Investing is a risk but people seem to forget this. There are also different types of investing. I am very aware of it all, the gambling analogy was to simplify it. It is a risk. So you didnt consider that you might lose all your investment? Then I am sorry nobody explained it to you. Again everybody hates gambling because the risk factor is quite transparent but still doesnt make it much different than what you did with your money.
You'll have to learn about Shorts
@@jowbloe4700 I know enough about them to know that that's how you lose money as a retail investor. No thanks.
He will be remembered for a very long time, I bet they make a movie about it, they could use all the interviews he did on TH-cam to make the movie more real life, Netflix will be onto it for sure
The guy who did the big short was following him around.
madoff: the monster of wall street. its on netflix soon
HBO
Then at the end during the reminiscing, the movie shows a young boy/man walking out of Madoff's office with Bernie at the desk.
Given how significant the amount that was stolen, I’m not surprised this is happening. This is truly an epic morality tale being played out in real life before our eyes. Honestly, many regular people got burned, so I have no sympathy for him.
Exactly. Since he gave so much money to Democrats let's see how easy he gets off... The guy made people kill themselves over that money, divorces, etc .
Tom Brady divorced over it. Both him and his wife we're spokespersons for FTX
Shkreli has so much potential it's just that he'll always be remembered as having the biggest shit-eating grin while hiking the price of that drug even though he was hiking it on rip-off merchant insurance companies and not the actual people. I dont know if that had any knock on effect on their premiums but i dont think he was directly overcharging people
You think insurance companies would just shoulder the price hike and not pass it on?😂
@@blackcatlullaby I’m a refined European 😂 I have no idea how American health insurance works. We get everything free here. Free doc visits, free surgery and free medication. Can’t imagine that extra added pressure. America should probably spend a couple trillion or so less tax dollars on war machines and invest in its people
@@Parallelwurldsthat euro shit eating grin is going to be off your face when your all bankrupt from over spending.
@@morimoko 😂😂😂 true. I’ve recently moved to the UK and the place is in political turmoil. The trains, nurses and postal service are on strike this week for higher pay while a member of parliament is being investigated for chanelling 3 million of tax payer money to her own account. On top of that the Vice President of the European Parliament has been fired and arrested after bags of cash were found in her apartment suspected to be bribes from Qatar. So where there are humans, there’s problems
Refined as in processed? Like a product? I’d rather be natural. Umm.. yeah, that’s great, Im happy for you. I don’t waste my time “should-ing” on nation states. Much less tell a random person about it.
The FTX hoodie 🤣. Martin is the 🐐
I could listen to Martin all day, and a lot of what he talks about I'm unfamiliar with but he speaks on things that most people with some intelligence can actually grasp and understand what he's saying. I wish teachers were like Martin. I feel he could make education fun and make it so anyone can understand things your just learning that day. So glad you are free and doing well.✌
i graduated highschool in may and martin is the best teacher ive had yet. not sure how to feel about that 😥
I agree, I came just to check him out and found myself checking in every day.
Facts
Get his knob out of your mouth
I’ve always liked Martin. Never quite understood why he went to jail.
He doesn’t seem malevolent to me.
I didnt have a good impression of martin during his troubles, but now i think hes not only likeable but also knowledgeable
He’s outspoken for sure. It’s hard this day in age to stay open-minded about people. People are complex. He paid his due. I like him too, but I can see how he pisses people off. He’s expresses his opinions.
The media are vultures.
Don’t forget he’s still a piece of shit took a life saving drug and turned it into profit fuck all that fraud stuff that’s nothing compared to the lives he’s cost
@@Christopher-tayso Hopefully he’s turned his life around. He served his time and forfeited his fortune. I’m pretty sure people with similar views like you, will make sure his crimes will never be forgotten. People are complex and capable of horrific as well great things in a single lifetime. Let’s hope he atones for his bad behavior with a ethical life.
@@taljr07470 I’d forgive him if he learned his lesson but his explanation was the drug was gonna die if he didn’t raise the price so he hike it up by %5000
Classic example of people thinking the devil will bail them out when they get it trouble. They took his money, are going to put him in jail, and throw away the key.
Lol the devil gave him the opportunity for money. The money was not even a part of this operation; it was the machine. Sbf broke the machine. He is now on the same level as a schizophrenic, homless, street walker. If he gets .01 days of prison; he is out of the game. A scheme gone wrong and a person with early retirement in his future
His only chance is if he somehow still has access to money which some influential people lost. He might get off easy in exchange for recovering that behind the scenes. He seemed so unconcerned, I wouldn't be surprised if he has some secret cards in the back pocket.
It was never his money to begin with though, big difference..
Sam's version of decentralized is about to get a whole new meaning
Where can we get the ftx hoodie?
Check the man's religion and parents, guarantee he will get minimum sentence #privilege
How stupid are you gonna feel if it won't be the case? Will you cut the antisemitic crap or make up excuses?
@@aufkeinsten7883 If i'm right will you stop overusing annoying clichés to insult logical thinking?
Jewish privilege, Jewish lawyer and Jewish judge he will likely not serve but a fraction of what the public hears about.
@@check2000 Bro you're way gone if you think that had any resemblence to logic, yikes
@@aufkeinsten7883 bro Jews run almost everything
Martin knows most these judges by name like they were classmates.
There's no way I'd willingly go to prison for 25 years. I'd be running the first chance I got, and I'd do whatever it took to stay on the run.
Unless you want to be a mountain man, living souly off the land, its nearly impossible nowadays
@@04dram04 you see how he runs ?
@@04dram04 You know those dudes standing outside the homeless shelter drinking coffee and smoking cigarettes? That's what I'd be doing. No id card. Just an alias. It would suck, but it would be 1000% better than sitting in prison. I'd panhandle for cash. Learn to play the guitar or something so I could busk on the sidewalk, and maybe get laid once in a while.
@@04dram04
if you have the $$$ you can become a part of a small village community - they will hide your existence and true id, but you have to spend $$$ on the things the village needs
@@mrmanio4935???
Wait. Why did I just find out you’re on TH-cam? SUBBED!
This being a federal crime he will have to do at least 85 percent of his sentence before he will be eligible for parole . I dont see him getting a lite sentence when this has effected so many people just my thought.
he is jewish, though
told you!
Martin casually writing JavaScript to make a spinning prism. 😅
I agree, I went to prison myself and that guideline sentencing table brought flashbacks LOL. He better co-operate and get that sentence brought down and cough up some money.
its a bizzare world we live in
Funniest thing said "this judge he goes home, this judge he gets life" like xdd
Extremely interesting and informative.
Just subscribed. The fact that he paid all that money for that Wu Tang album before he went to the can was hilarious.
A legend of the internet for sure
Your mind is hilarious, quickfiring 24/7. Thank you for sharing, you have a knack for keeping the complex simple!
Man I love this channel now, I commented the other day and you remind me a lot of myself for some reason. Keep going, it's fascinating
I also went to school for chemistry and specializing in biomedical chemistry
Now I speculate on pharmaceutical companies on the stock market. It's the best.
If he’s facing this kind of prison time he should have fled to Cuba or Venezuela with as much cash as he could fit in a suitcase. This is brutal.
That's how Jews think. They think they can linguistically weasel out of anything.
Don’t know why you’re so concerned with his future when he’s responsible for unmeasurable suffering of millions of innocent people. He unfortunately needs to serve as a warning to those who may consider doing the same - either by gross negligence or willful fraud.
he was too dumb and greedy- he thought he could lie his way through this lmao
His parents have finessed Congress before, I'm sure he thought he'd be safe. His dad probably assured him of it, he basically coached him through running this company.
@@oliverheber599 I don't feel bad for people who invest in some offshore unregulated exchange. They knew it was high risk. I do feel bad for SBF because unlike Madoff or Holmes this wasn't a scam. The market collapsed and he did unethical things to try and keep things afloat. I don't think that's worth life in prison. He should get the Holmes 11 year type sentence. There are murderers who don't get life.
Theres no way in hell a first offender will look at life. He still has tons of money for lawyers. I bet he will get like 14 years. And I bet he'll get off after like 6-7 years with house arrest and probation for 5 years.
You know who else was a first time offender? Madoff; the Enron guys; Plenty of murderers. That honestly means nothing
@@TonyDanza4Lyfe lets exclude violent offenders when referring to this type of white-collar crime.
Madoff pleaded guilty to 11 federal offenses and stole about 5 times as much from his victims. Madoff stole like 65 billion. He got 150 years.
Enron stole like 74billion The largest sentence was 25 years.
Bankman stole 12 billion with 8 felony charges filed.
He wont get life.
Very good info here, but Martin's take on federal prosecutors is way off. Federal prosecutor is the dream job of many students who go to top law schools, and the only way to get it is generally to be a star at a top law school, and work for an elite law firm for several years.
Some may be young (though not a "couple years" out of law school like Martin says), but to say they are mostly unskilled when they had had to have demonstrated very high competence at every level in their legal career to get the position is silly, and Martin probably knows this and is just being a bit salty.
Now if we were talking about state level prosecutors, I think what he said would be spot-on (it's not a very sought-after position), but that wouldn't be relevant for Sam's case (nor Martin's).
He’s off a bit mostly about the people who work as federal prosecutors in the office that is charging SBFs case. Young attorneys hired for this office and in this district are likely to be students of top tier law schools because a federal prosecutor position in this specific office is definitely an in demand role. But the role itself is largely in demand because of what one can gain from it on the other side through the relationships and connections that are made in a prominent office like this one.
Young attorneys who work in this role will eventually start being poached away by elite law firms and make giant sums of money. It also does a lot in the way of propelling attorneys interested in a political career to be able to spring into that space. So it’s a competitive position to land but not necessarily because people want to be in the job itself for an extended period of time. But at the same time the people who do stay in one of these roles for a long time are going to be tough adversaries to face. People who choose to stay in this role are people who are extremely passionate about the role. They’re people who are turning down lucrative private sector opportunities to be overworked and severely underpaid in comparison to what they could be earning and those are people you can’t take lightly or it’s at your detriment.
Hey Martin, it appears that SBF has drawn Judge Lewis Kaplan. What info do you have on him, if any?
Shkrelli are you still facing possible jail sentencing in any other existing cases against you? or you are a 100% freeman ?
(btw .. i really enjoy listening to you, its very educational, its always been like that, even before your trouble years..
but this new version of you.. more mature.. is awesome! i really hope your life continues to be as good as it seems now)
He's a free man but cant do pharma industry again iirc
@@seoleaders wasnt it for 7 years?
@@literarywho3065 he was released early
@@aalijahkhan952 i dont mean his jail sentance i mean his ban from working with pharmacuticals.
A guy that does a 1200% rise in a medicine then good thing he never gonna be in pharma again
It hit me today… for Martin to be so intricately familiar with the process, sentencing tables, and the judges temperaments, he must have been obsessing over his trial to the point of losing his mind.
It’s a crying shame what happened to you Martin. I’m glad you’re not (or at least trying to not) be bitter about it.
You’re a bigger person than me.
Dude needs to be locked away for life bc a lot of lives were affected due to this THUG marking up insulin. He’s a cancer to society
Perhaps you should worry about the people who could no longer affort Dataprim after he greedily hiked the price. (and no, they couldn't get it for free, that's a lie that has been debunked in his trial)
@@InXLsisDeo
Perhaps I should, and perhaps I shouldn’t. Perhaps you should focus on who you choose to worry about, and leave others distribute their worry as they see fit.
I would however love to see the evidence used at trial to debunk that the uninsured could solicit his company for free doses.
Trial record transcript page numbers will do nicely.
Make me a believer.
Used to watch you long ago, so happy to see you on TH-cam again. I hope all is well! Nice hoodie lol
Hey you should go on TAFS and talk about this more.
Nothing like real experience, the 'school of hard knocks' type. Martin Shkreli is very interesting.
I like how he sorta knows 670 off the top of his head and it turns out to be medical lol
Shkreli grew the fuck up after prison
Shkreli a true Legend of the game... not some punk that landed the right decade like JB
Wow, that’s crazy if he gets 20+ years. What a shame. The dude could have been pretty wealthy without having to do any fraud. I don’t know what led him down this unrighteous path.
gambling
Hubris.
@@thawdani , true
@@thawdani yep I’ve been saying since day one that this is textbook gambling addiction
@@TonyDanza4Lyfe people give u money for no reason for free, 100% on it, give it back n youre set for life, right?
lmao of course this dude has a TH-cam channel. Guess I'm subbing
This was entertaining. The Feds didn't like Martin's arrogance, but he had NO Victims, I always thought he was railroaded. Glad he's trying to rebuild his life. I think he is a genius and his videos on investing is better than any university courses taught today. Best of luck. Look at Jordan Belfort. His sales courses and podcast have turned him around in the court of public opinion.
Do you know why Martin went to jail? He is a ruthless person….you’re talking about him like he’s a nice reasonable guy, fuck off with that
@@alexjay1635 he went to jail for fraud. No victims. He paid his dues. No he can, as a felon, make a new life. Ismt that what the penal system is for? And raising drug prices isn't a crime to keep a company solvent.
This is why its important not to be a criminal. So you don't have to worry about the judge or sentence or anything
To hear this guy say he's screwed is hilarious for us to hear, scary for SBF.
Great video. Subscribed. Love the honesty, haha.
Someone send this to SBF
He's in a Bahamian jail right now, I think he's currently more worried about getting hepatitis and cockroach bites
Lmao, I love how Shkreli is wearing an FTX hoodie
Martin you are an extremely funny person. If I just see a thumbnail for one of your videos it usually makes me laugh before I even click to watch. Cheers!
“He has to watch his mouth” Oh boy… Were talking about SBF here😂
Loving the content Martin, thank you!
I like you reality breakdown, tired of hearing what he did by every news channel-hope he gets the max and more of these fraudsters go down
Hopefully he doesn't get a judge who lost his money on FTX
Love this channel and glad to have you back! I know you dabbled in Magic the Gathering. You might want to check out Flesh and Blood, it's actually a great game.
He’s right about politicians not saving him. They’re self interested, maybe a President on his last day in in office one day if he plies them with enough cash.
I happen to think SBF is going to get completely hammered in court, as I think he should. I think they make an example out of him.
Yah his not a fighter . They will run over him.
His bk attorneys are already screwing him over and get massive fees . Go look at tech lead channel .
bro, this guy literally went from a corrupt CEO that way overpriced the drugs to fraudulent levels, then went to jail and turned into a casual business TH-camr that id find 2-3 years ago
This Shkreli guy is growing on me. Great entertainment
The FTX Risk Management hoodie is essential!
I'm happy you made it out and back, Martin..You are an inspiration
@@Mottbox convicted criminal and he already has more credibility than main stream media, go figure.
SBF biggest worry right now is getting out of Fox Hill ASAP. The conditions found by State Dept and guard interviews are deplorable. Its not just the rats, buckets for toilets etc. Hard criminals refuse to leave their cells out of fear of violence from other inmates and CO's. He has "powerful" parents that have worked out visits to console and bring him food . It won't be much better once extradited. But I think his health and safety would improve somewhat. As long as he doesn't know or say something he shouldn't I dont think he will be "Jepsteined"
Politicians forget you faster than the current politician president of the united states
Martin is my favorite king of advice and shade.
Does Shkreli not know how much money Sam gave to the democratic party? He has already brided his way out of this.
they already got their money from him, and there's no way they'd get more from him by getting him off. nothing to gain by doing it
@@ts-wo6pp oh yes there is. the Dem party is super greedy
@@midladder are you slow
Given how you described what's up for Sam, Ellison and Wang must be up for the same kind of time, right?
martin is a real G he actually been to prison and made it out and redeemed himself
I wouldn't go that far, but I like his content
I don't think you know the definition of redeeming oneself.
@@atomixfangpump and dumping a crypto coin isn’t redemption?
He’s going to get about 8 years and serve 5-6ish. federal prisons have a first time non violent offender program that can considerably knock off time.
Man it's really cool how this guy keeps an unnecessary terminal window visible in his screen for no reason. We're all really impressed that he looked at the contents of a Javascript framework directory. Definitely something he had a reason to do, he's not the type of person to show a terminal window because to nontechnical people it looks totally badass like the matrix
the world is a better place because you expressed this take!! thanks!!
Bro Martin talking about politicians being vicious is hilarious because it’s obvious he’s talking from experience. Either the politician taking your money didn’t do it for quid pro quo or the politician taking your money with the expectation of quid pro quo doesn’t have the moral scruples to not engage in those sort of deals and therefor inherently can’t be trusted. The only scenario where they’re vicious is where you were trying to buy a politician, which speaks to your ethics just as much as theirs.
Do you expect honestly from a Jew?
You can parole at 10 in the feds. Even with a life sentence. And I don't see him as the type to stab someone for cutting in line at the tennis courts, so realistically 10-15.
It’s 85 % of time sentenced is what you have to serve in Fed before parole
@@tylermiller8142 For violent crime.
@@ttt69420 no if you’re convinced by the DOJ or other Fed body you have to serve 85% of that sentence regardless of the nature of the crime
I never forgot what Corzine did... cracked me up... never was prosecuted.
I looked it up.. 5 mil fine and a lifetime ban. big deal.
I thought the sentencing is also related to how long he knew he was committing a crime .
It may not be in the sentencing guideline but I’m sure that’s taken into account. One reason why he would get more than the min but probably not max
@@tylermiller8142 why not? Madoff got 150 years. He could easily get 115. His arrogance is not going to play well in court. His entire fake persona is going to look very bad. He was very deceptive from the start.
@@Jordan-Ramses because people don’t look at him the same as Madoff. SBF strategically chose to align himself with very powerful people on both sides of politics and put millions in their pockets. He deserves 115 it’s just my opinion that he won’t get that
@@tylermiller8142 honestly i gotta agree with both of u
In the end the governments gets it all. Right now the Bahamas is squeezing Sam he already agreed to release 200 mill to the attorney general of the Bahamas for the citizens that invested in FTX
hey Martin is the judge who arraigns you and sets bail the guy who judges your case?
He's connected well enough to drag this out long enough for so many other cryptos to collapse, he'll end up looking like a well-intentioned soul who got played by the big meanies.
Thats kinda what i was thinking. Hes gonna be a small fish
clearly u didnt watch the same video.....hes getting 20 years minimum no matter what.
@@Kstunnnaman23 Why did they arrest and incarcerate him the day before he would have been in person in the US in front of an investigative committee? They 'charge' him with stupidity or maybe negligence after everything cools down.
where do i get one of those sweet sweatshirts.
SBF was funding very powerful political figures. They will make it look like he is being punished but they will pardon him when the heat comes off him.
to what end? they got their donations, and this guy is never going to be able to donate like that again. even if things were so corrupt, SBF has no credibility and no value
I doubt his parents can pull those kinds of favors. He serves no more utility to powerful political figures. For all they care, he can rot below the prison for embarrassing them.
I can see that happening. However, there is no financial incentive of saving him as he is locked out of all assets so they can’t keep milking him for money.
@Valborg The entire FTX business model seemed like a slush fund for the 2024 democratic election. Ryan Salame was even larping as republican with Obama worker girlfriend Michelle Bond to ruin republicans running for office.
@@michaelthompson7217 he does have (((credibility)))
3:30 an argument that the judge bought? You mean they proved something against you? Obviously the former sounds better. This is why people shouldn't trust other too much online unless they have some skin in the game. Unless they are staking their reputation or are incurring legal consequences.
SBF will get Nobel peace prize
Wait for Sam to hit them with "On the advice of counsel, I invoke my Fifth Amendment privilege against self incrimination and respectfully decline to answer your question."
i wish shkreli would fix the audio echo from his apartment
man starts breaking down the scoring system, got us a gamer
Man, technology is amazing! I can't believe Shkreli is able to record audio and video on a toaster!