Dave Portnoy: ‘Scam artist’ Sam Bankman-Fried ‘deserves prison’ for stealing money, ruining lives
Barstool Sports founder Dave Portnoy discusses The New York Times’ ‘hit piece,’ the FTX collapse, Elon Musk’s ‘Twitter Files’ and the World Cup in a wide-ranging interview on ‘Varney & Co.’
The outspoken and unapologetic Barstool Sports founder Dave Portnoy weighed in on disgraced FTX founder Sam Bankman-Fried’s downfall and the "Twitter Files" debate Friday, blasting the "scam artist" and "crying left," respectively.
On "Varney & Co.," Portnoy reacted to Bankman-Fried’s bail denial as he awaits extradition to the U.S., where he faces federal fraud and money laundering allegations.
"I don't know that he has an end game," Portnoy told host Stuart Varney. "It's one of the great scams of all time. Everything he said after this thing fell was amazing to me, the way he was tweeting, the way he was going on different spaces… but this guy’s a scam artist."
According to Portnoy, FTX had bought advertisement space on Barstool Sports sometime within the last two years. The Barstool founder and president claimed he doesn’t understand how Bankman-Fried "lost track of things," after Portnoy personally experienced a business dealing with him.
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"You know how involved he was before he would sign it?" Portnoy recalled. "He requested to speak with me. So this guy knew where every ad dollar was going, but suddenly he doesn't know [about] co-mingling funds and all the nasty stuff? Give me a break. He deserves prison. He stole people's money, ruined lives."