The True Criminal Mastermind Behind The FTX Fraud
The Matt Kohrs Show
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Foreign. Particularly interesting is a gentleman by the name of Dan Freidberg. So to everyone listening right now, there's a good chance they maybe heard this name and forget how he's connected. But the more I was looking into it and also based on some of the information that's been fed my way. Uh, he seems to be a very pivotal player, so could you I guess. Do the listeners a favor and explain your understanding of how he fits into this and maybe some conjecture of how the storyline for him might play out. Yeah, yeah. I've definitely got thoughts on on both those things. Uh, Dan Freeberg is I say Friedberg some people pronounce it Freiburg I'm not sure exactly what the pronunciation is. they did not provide me with a pronunciation key. Uh, but uh. Dan Freeberg to me is the key to this entire thing. Um, I I Would certainly say there's an angle here for us to talk about SBS parents possibly being the masterminds behind all this. but Dan Freeberg is the architect for sure. So who Dan Friedberg is he was a lawyer for Phil Hellmuth A lot of people know I'm a big poker player you know make 135th in the main event. You know last year is a highlight of my life. Congrats so well thank you man it was. It was really unbelievable. It was awesome. It was uh in November last year and uh you know I always wanted to play in the main event and then I was a chip leader on day five and I got on the TV and then I lost my pocket aces and it's whatever. so but it was really cool. It was really fun. so I Love poker I Love Phil Hellmuth he's one of my favorites I know a lot of people like they call him the Brad or whatever. uh Madison the mouth. you know you never met me I guess they think he's the mouth and uh you know that they were both involved with something called Ultimate Beds. they were promoters well Dan Friedberg was actually Phil Hellmey's personal lawyer and Phil Hellmy's got approached by Ultimate Bet uh there's another there's two names, Something Poker, Absolute Poker, and uh, Ultimate Bet I think is is the other one? Okay, but it was basically one network and he got introduced through Phil Hellmuth to this network. Well what happens is he comes in for into the inside of it I'm not sure if he completely left Phil helmet he screwed Phil helmet for sure. but uh what happens is he starts showing them how to build an architecture for a uh a Shell company game to be able to protect themselves Because they were about to run the biggest game in poker history. they created something called God mode and and what's so fascinating is when you break all this down it is FTX it's the same exact model. So they created something called God mode to where players who had God mode which were players people that worked there. They could see the other people's cards. So Mike Madison would be like it's weird, like they would just call me in the afternoon and be like hey, Mike you want to come play heads up like yeah, sure we'll go play, that's up. then they'll steal a million dollars from it. Now supposedly he's still a million. They stole a million dollars in my Matasau during this God mode thing. Obviously it wouldn't have been in one session or he wouldn't have came back, but they would. They would lose sometimes on purpose. I mean you know if you if you're cheating in poker I mean people can assume the way that works. You know, like you can't give all your cards away the first time. You know they might even let him win a few sessions. But Ultimately they took a million dollars. You might mat us out using this where they could see his cards and so they use this against a lot of big name players um that were coming in who had why? Because the big players are the ones that have the seven figures and so at some point it's people start getting suspicious and so they have an internal Fail-Safe that deletes a ton of the data. So they deleted the website. They deleted so much stuff, the servers they cleaned them but it was like it was a mechanism that did it that deleted a lot of the data points and then of course one guy who was not Dan Freeberg I can't remember the guy's name. They basically set him up as the scapegoat for the entire thing and he's the only one. I Believe that guy got in trouble. Now let's compare this to: FTX Shell Company architecture. You can't even figure out where all the money is with them. SPF has his own uh, companies that he has a ton of Robin Hood shot stocks in a ton of other share. We don't even know where all that stuff is or what it is. Number two. um, the god mode God must. same thing for FTX Alameda could see all the trades on FTX Alameda could see your stop loss. They could see your liquidation point in your in your account. They could see everything. It's the same thing in poker. if you see other person's cards, you win. Well, if you see liquidation points for Trader for big Traders have big liquidations, you can win too because you can force the price right down there and pop it back up because you know it it. There's a lot of money on the line here. Third of all, the Fail-Safe the hack that occurred a couple weeks ago. it was not about where the money went and that's where that's the misdirection. Some of them I went to CZ so it went to Vitalik, some of it went to Kraken. That was to confuse people. It was not about and look I'm not a developer I'm not a coder I Can tell you exactly how it works I'm not a tech guy. Okay, but it was all about destroying data points that got left behind on FTX That's what they were doing. They were sending the money out to addresses and cleaning what was going on inside of the FTX uh website with the servers. There's data points that have been destroyed there. Um, number four. Fall Guy Well, SPF is the Fall Guy SPF is going to end up taking the fall for this entire thing. He's certainly part of it. He doesn't. His parents are gonna sell him up the river I believe. but uh, whatever. The the point is there. You know what's going to happen when Dan Freeburg next. So it's the same scam you know, perpetuated very clearly. same scam. Now you say what's going to happen to Dan Well, you know. Dan's cockroach. Okay, he survived the ultimate bet Scandal Uh, and by the way, they had Dan on video admitting a lot of stuff with ultimate bets. That's why we know none of this is conjecture. He literally on video said that You know he's like maybe we can just pay out the customers five million dollars and uh, you know that'll be good enough. He was talking about settling with the players because they knew it was a scam. So he he's not Innocent but he's good at staying out of jail. He didn't even lose his lawyer license in the state of New York when the ultimate betscan the largest candle in poker history when it happened and so what my feeling is is Dan is going to flip, get immunity immunity and tell the Tale on Sam and make it seem like Sam was the only person was involved in it. So just to tie this all together for everyone listening, Dan was the lawyer for ultimate bets. this happened all and I believe the earlier he's also the general counsel for FTX I didn't actually say that so he was General Counsel of FTX Now early 2000s he was involved in this massive scam. I believe 40 million dollars was the ultimate bet and now he was the chief regulatory officer for FTX and then the legal counselor for Alameda And it seems like there's a lot of similarities in the story The Only difference is instead of 40 million, he did it at the scale of 40 billion like he just added three more zeros on. yeah, it was a test run. That's ridiculous. So a couple people you brought up here that I want to get a little bit more into is Sam Baker and Freed's parents so they were law professors at Stanford. Apparently they now have millions in assets of real estate in the Bahamas uh what's your take on that whole craziness? Well they're Securities lawyers and they're also uh, our professors at Stanford and like they just had like a hundred I think 121 million dollars worth of real estate that they own in. uh Bahama in the Bahamas I Guess being a professor pay as well Exactly I Guess you know you know they used to say like you know, if you can't learn, then teach or something like that. Well I guess if you can't get, you know if you if you're poor, just teach and apparently you'll get all the money. So it's very sketchy what's going on there. But it's not just that it's not just their ties. uh, with money, you start looking at what they do okay Sam Bateman Freeze. Dad not only does he work, he did work for them in the I think the regulatory uh area for FTX and Alameda But when it comes to uh, the mom, the mom has her own political action committee, her own pack raising political donations. The dad also literally did legislation like helped. Elizabeth Warren with tax legislation. They've got all these tax shelters, all these homes, and all these offshore places I wonder if what he was doing that for and the argument can be made and and I believe I Don't want to take you know we're not. We're This is not about taking Sam off the hook and this is not about like punishing Sam We we want Sam to be punished for sure. Um, but we also want the problem fixed which we can get into in a second. Uh, but the whole issue here is it's starting to look like maybe his parents have had him doped up on Adderall his entire life and have just been pushing him around and telling them what to do. the ant SPS brother Same thing that they also have their own you know, uh, political Endeavors and their own companies to where they're sending money and donations to the Democratic party. and as you start to see that this is a uh, a poison family tree if you will.

16 thoughts on “The true criminal mastermind behind the ftx fraud”
  1. Avataaar/Circle Created with python_avatars Atacama Beats Indie Recordings says:

    Is important to say that this is another Jewish financial scam. SBF, Lehman Brothers , Madoff, all Jewish. Is a pattern here for Financial Scam.

  2. Avataaar/Circle Created with python_avatars TANTON79 says:

    Biden will pardon them

  3. Avataaar/Circle Created with python_avatars Unconventional Investor says:

    The fall guy is a singular phrase

  4. Avataaar/Circle Created with python_avatars Jack of All Trades Master of Some says:

    I am holding on to hope our elected representatives, on both sides of the isle, have the electorate’s Constitutional Protections at the top of their agenda. I’m beginning to question them though. The time has come for each of them to publicly attest their allegiance to us in word and deed about where they stand. No more lies, no more political gamesmanship, and no more hiding! The mere fact Ben was the first person to show up to ask where the money went is abhorrent! β€˜Woke’ is beginning to be redefined, even among the woke! I fear the next election may be too far away and they lie to get elected anyway!

  5. Avataaar/Circle Created with python_avatars Matt Crust says:

    Crypto is a scam? No way it’s safer then s&p 500

  6. Avataaar/Circle Created with python_avatars Chuck O says:

    Atozy showed how much bitboy SUCKS.

  7. Avataaar/Circle Created with python_avatars Crom CCCXVI says:

    if these guys were drug dealers, someone would have ended them long ago for being dishonest….. crazy huh?

  8. Avataaar/Circle Created with python_avatars Maicol C says:

    This is not very convincing

  9. Avataaar/Circle Created with python_avatars BroScience says:

    Bitboy is dope…. he's the little rascal spanky my favorite 🀣

  10. Avataaar/Circle Created with python_avatars Daniel Fill says:

    I figured that the political elite wanted money for campaigns, and what better way, and can crash crypto, inducing regulations and their versions of crypto

  11. Avataaar/Circle Created with python_avatars Ryan N says:

    How are they not arrested yet

  12. Avataaar/Circle Created with python_avatars The Munchie Chronicles says:

    🧒

  13. Avataaar/Circle Created with python_avatars 700 CLUB says:

    Happy Holidays to all!!

  14. Avataaar/Circle Created with python_avatars Classic Kev says:

    We must continue to demand justice! Defund the SEC and investigate Gary Gensler and every politician that received donations from FTX and SBF! This is the GREATEST FINANCIAL crime in United States HISTORY!

  15. Avataaar/Circle Created with python_avatars Ben Daniels says:

    They caused every crash this year

  16. Avataaar/Circle Created with python_avatars Melissa Murphy says:

    Thanks Matt

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