In this episode we take a deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation.
Theranos:
Enron:
Onecoin:
Worldcom:
Luna:
Closing Track:
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//Soundtrack//
Burn Water – Take Flight (Bon Iver Flip)
Giyo – Are the Animals Gone
The-light-feat-kingpinguin-zachary-david
frames – IN VIA – 04 Calm Wisdom
Cahb – Secrets
Deccies – Subtle
David Keno – Golden Ticket
In the Waiting – Johannes Bornlof
Female – Grvty
Universal – Matt Fax
Gem Club – First Weeks
Passage of Time
Mogwai – golden_porsche
Burn Water – Adomania
Sources:
Producer: Dagogo Altraide
source
Guaranteed this whole story will be made into a movie one day.
Kind of funny how this crime just faded away…huh? Follow the money.
I made 1.4 million just sitting on a school board …..
Here in Italy the 70s oil crisis and the 80s speculative bubbles' have destroyed the money value . There are interesting books explaining how the smart way of making money might lead to disasters.
It’s all scam .I am sure he has the money under someone else name
At this point we all can see that crypto is a ponzi scheme. It gets its value from people tossing money into a pile not by producing anything. It's insane if any government looks at it and think, yeah that's the move.
Reminds me of another famous Ponzi scheme. Wasn't Madoff doing exactly the same thing? SEC involvement is an interesting part of this fiasco. More oversight!!! Great report. Thanx. 👍
Hi, my name is Caroline, and this is how I became a scammer without knowing.
It's always the same thing.
Fraud, corruption, schemes.
The rich get richer, get bailouts and who pays for it? That's right, the working classes.
Every crash has one word associated with it: Greed.
If there's one thing I have learned with markets is TRUST NOBODY and BEWARE OF INDICATORS.
I told everyone this would happen and I was called a hater and a dinosaur for not believing in crypto. FTX is just the first of many mismanaged companies that will go under.
The government needs to properly audit crypto and apply the existing law to them. They need colkateral too.
I don't understand how things could go wrong like that… Almost impossible to believe but there it is in front of me. Like a nightmare of the impossible .Of course if the young man can somehow square this. For real .
I lost over $90K when the economy started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs Pam joan Birnie.
Bankman? Thats his real name? Lol😊
This guy is mini Madoff but the better version.
Great informative video, except for the earth's image. The world spins to the east, not the west.
If you ask me, Crypto is just as dangerous as the SM. There are so many fake IPO stock that opens and crash within a year.
That is why, you have to do your DD and invest only what you can afford to lose.
Madoff scam – no biggies went to jail, 2008 crisis – no biggies went to jail, FTX – no biggies went to jail. They all are accomplices in all such disasters. You just need to be lucky to not get caught in this mess. So always diversify your investment in very small chunks.
Why is it that when I ask a bank for a 20k loan, the amount of checks done are enough to know if my great grandmother owed money to the village drunk? How don't they check these? Maybe I should just ask for millions
👆👆Take action to recover your lost funds by contacting a specialist who has experience in this area.
WONDERFUL CONTENT INDEED
!!! I respect the work you do here mate because i tell you you're really pointing people in the right direction. Your video has been very engaging and well useful right from the beginning .These are tough times and well frankly I really appreciate how you discuss global finances in such a delicate way because you know business and investment are the best ways to make money even under the nose of the pandemic and any you know world problems going on.
I mean he def needs to go to jail but why would you buy invisible numbers and think they would retain value. Crypto is the biggest scam since tulips
This companies exist to money laundry.
This companies exist to money laundry.
Loan me a few bucks
CZ collapsed FTX and traded with Iranian businesses? Based
This was an excellent video. It helped me put some order into all of that FTX chaos. “Thank You!”
This story will create one of the greatest movies of the decade, film producers are working overtime as we speak to create the next Wolf of Wallstreet. Billions of dollars, drugs, gangbangs, living in a mansion, life doesn't get better then this, especially when your lifestyle comes crumbling down overnight
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Caroline Ellison's confidence is mind-boggling and almost admirable. This was the young lady who was BIG! like really BIG Harry Potter fan at mid to late 20's and love dressing as a seductive nerdy nymph or whatever the Fuq that meant. I would Stan but B got caught! it wasn't my money so I don't give a shit… CITY GIRLS DOWN 1000 POINTS.