Caroline Ellison recounts ‘constant state of dread’ over Alameda’s mounting debts: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Josh Frank of The Tie reacts to the latest testimony from Caroline Ellison in the trial of Sam Bankman-Fried.
Chapters:
0:00 - CNBC Crypto World, Oct 11, 2023
0:27 - The trial of SBF
2:13 - Josh Frank of The Tie
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Пікірлер: 162

  • @CNBCtelevision
    @CNBCtelevision7 ай бұрын

    Check out the next episode of CNBC’s Crypto World: kzread.info/dash/bejne/l3t9j6OYgtPFqNY.html

  • @Amanda-zg9pz
    @Amanda-zg9pz7 ай бұрын

    She deserves to go down and pay a price. No mercy for her. She was a willing participant. Does she deserve the same sentence as SBF? No. But she doesn’t deserve to get off Scott free.

  • @Vonriga

    @Vonriga

    7 ай бұрын

    You are 100% right.

  • @artofgettingup1984

    @artofgettingup1984

    7 ай бұрын

    there is no difference and potentially allegedly more guilt. dont buy the narrative

  • @richardhunter132

    @richardhunter132

    7 ай бұрын

    she's cooperating with the prosecution, so she should receive some mercy

  • @Castle743

    @Castle743

    7 ай бұрын

    Sam did not steel alone Yes all involved should be in jail And never see the light I'd day Tell people that lost everything how they feel about caroline She is not n angel

  • @walterdemarchi5256

    @walterdemarchi5256

    6 ай бұрын

    Set an example.

  • @mukbangjeezus126
    @mukbangjeezus1267 ай бұрын

    the person drawing her pictures make her look prettier. LOL!

  • @Justin-yc1ig

    @Justin-yc1ig

    7 ай бұрын

    😂 ice cold, man!

  • @jackphillips4305
    @jackphillips43057 ай бұрын

    Caroline should go to jail. She mishandled stolen funds and knew it. Then she got liquidated because she had no stop loss. She didnt care.

  • @progressoful

    @progressoful

    7 ай бұрын

    Not only her but the rest of her inner crew. Rat in prison!

  • @FizzleFX
    @FizzleFX7 ай бұрын

    Unlimited funds Advantage on trades Still can't run a profit Amazing on so many levels

  • @NicholasWHaley7

    @NicholasWHaley7

    7 ай бұрын

    Crypto doesn’t make or do anything. You will never make profits from it.

  • @HostileTakeover555
    @HostileTakeover5557 ай бұрын

    The court drawing of her is as unfortunate as this case…yikes

  • @Dobviews

    @Dobviews

    7 ай бұрын

    To be brutally honest, the drawing was an improvement for turtle. Still wondering what a ChiaPet and a Turtle have in common besides greed.

  • @briantep458

    @briantep458

    7 ай бұрын

    I thought it was pretty spot on, I mean we're not miracle workers here

  • @gmo4046

    @gmo4046

    7 ай бұрын

    Whoever is drawing her and SBF clearly put their life savings into crypto at the top.

  • @jenoh3779

    @jenoh3779

    7 ай бұрын

    @@briantep458😂

  • @livingmodern

    @livingmodern

    7 ай бұрын

    lol someone said it, not me :)@@briantep458

  • @armandolimon7465
    @armandolimon74657 ай бұрын

    Random Person A interviews Random Person B about the obvious and nothing new. The state of CNBC at this point is laughable.

  • @MrSupernova111

    @MrSupernova111

    7 ай бұрын

    Yep, there is about 1-2 minutes of useful information in this otherwise useless video.

  • @NickanM
    @NickanM7 ай бұрын

    Poor little Caroline..... (But she didn't mind living in extreme luxury.)

  • @artmaltman
    @artmaltman7 ай бұрын

    Will the jury understand all this?

  • @109sssss

    @109sssss

    7 ай бұрын

    lol

  • @mikatu

    @mikatu

    7 ай бұрын

    Did you watch the news? They just want this to get over quickly.... they don't want to waste time understanding anything!

  • @egec1
    @egec17 ай бұрын

    Caroline Ellison recounts 'constant state of dread' over STEALING BILLIONS OF DOLLARS. No kidding.

  • @tullochgorum6323
    @tullochgorum63237 ай бұрын

    It's not just their inept trading which was breathtaking. Its: - The staggering lack of proper oversight from their venture capital investors - The fact that FTX would have been exotically profitable if they had simply run it as a standalone business.

  • @scotto7924

    @scotto7924

    7 ай бұрын

    Just how many institutions lent huge amounts of money. How could they all get it wrong.

  • @tullochgorum6323

    @tullochgorum6323

    7 ай бұрын

    @@scotto7924 Here's a list of the investors who committed an eye-watering $2 billion. It seems that none of them thought to check that this group of inexperienced hippies was actually keeping proper accounts: Sequoia Capital Coinbase Ventures Paradigm Lightspeed Venture Partners SoftBank Temasek Third Point Ventures Tiger Global Management Insight Partners New Enterprise Associates Multicoin Capital Sino Global Capital The auditors were Armanino LLP, a relatively small US company. They appear to have done a woeful job, given the shambolic state of the FTX/Alameda finances and the host of illegal transactions they failed to detect. I was involved in a small venture fund investing in local businesses as part of a local economic development programme. We were far more stringent in our due-diligence and oversight than all these storied Silicon Valley funds were with SBF's fraudulent operations.

  • @midsein

    @midsein

    7 ай бұрын

    How would FTX would turn a profit? They explicitly promised not to take any percentages off of clients' transactions, and that's pretty much the only source of income for any trading platform. They lured people with that "no transaction fee" honeypot and would just "borrow" (steal) ALL of their money instead.

  • @tullochgorum6323

    @tullochgorum6323

    7 ай бұрын

    @@midsein They had a number of revenue streams that would have been highly profitable if they hadn't squandered all their assets on foolhardy investments. Their investors may have been inept when it became to oversight, but they most certainly wouldn't have invested $billions if there were no profits to be made.

  • @ManuelBasiri
    @ManuelBasiri7 ай бұрын

    Calling Cryptocurrency and Industry is like calling narcotics plantation a form of essential agriculture.

  • @MrSupernova111

    @MrSupernova111

    7 ай бұрын

    Don't forget, they want to "rebuild trust" in the scam.

  • @user-it2mx6bi7z

    @user-it2mx6bi7z

    7 ай бұрын

    cryptocurrency lol nk currency to be fair currency is not an industry its currency valued to one another currencies! Trick question js Bitcoin an industry? and of answer no please pretend you have to answer yes and no and make up reasons if you have to. just try and rationalize the no its not and the yes it is! You could also think time is a factor in knowing as well as it needs historical trade value not yet available To be clear 99.99% of crypto anything is not an investment of currency whatsoever its gambling on zero air.

  • @hanaalexander2177

    @hanaalexander2177

    7 ай бұрын

    Cryptocurrency is highly flawed, but the concept and the technology still stands. Blockchain is revolutionary but because its inception mimics the likeness of the stock market, people have abused it as such. Governments do this all the time, ignoring the power of an entity or an industry that allows certain groups to profit.

  • @liudizzle
    @liudizzle7 ай бұрын

    They all deserve to rot in jail

  • @gsemonyt6469
    @gsemonyt64697 ай бұрын

    Usually court drawings are horrible but this time the drawing is actually nicer than the real deal. what a horrendous girl

  • @briantep458

    @briantep458

    7 ай бұрын

    yikes

  • @bukuism
    @bukuism7 ай бұрын

    Education is key. Not your key, not your coin

  • @glenegrant
    @glenegrant7 ай бұрын

    All that being said the market still has that 1 person like SBF, being CZ that still to this day has not yet had verified audits of his exchange. So why should VCs have trust? Exchanges that have their own tokens should never ever be trusted. Sam got caught, others have, still more to come.

  • @AResearch
    @AResearch7 ай бұрын

    Let me guess she said "i dont have anything" 100x in her speech?

  • @villiano1
    @villiano17 ай бұрын

    She's singin' like a blue bird to save her ass. Don't get me wrong, SBF ain't no better. They're both from the same mold.

  • @KS0102
    @KS01027 ай бұрын

    How to make money: 1) influence people to invest and buy your crap. 2) shove money away so nobody can find it. 3) do illegal activities. 4) hire good lawyers to get you off the hook. 5) retire rich.

  • @mikatu

    @mikatu

    7 ай бұрын

    Mate, you just discovered capitalism!

  • @anatta467

    @anatta467

    7 ай бұрын

    silicon valley

  • @paulm5458
    @paulm54587 ай бұрын

    What is there to research in crypto? What is not a scam.

  • @rodrigodiaz1321
    @rodrigodiaz13217 ай бұрын

    How did anyone trust money with those two?

  • @progressoful
    @progressoful7 ай бұрын

    Caroline needs to be in jail with the rest of her inner crew. 🤬

  • @endoetz
    @endoetz7 ай бұрын

    and binance is doing the same thing like ftx and celcius? they used their customers' money for market manipulation, especially to keep the bnb price.

  • @mele9131
    @mele91314 ай бұрын

    I wonder where there parents were and what/if they tried to intervene. Both of Caroline’s parents are economist at MIT. How?

  • @FizzleFX
    @FizzleFX7 ай бұрын

    3:50 hahaha exactly what I thought

  • @joncoyne6995
    @joncoyne69957 ай бұрын

    They cooked the balance sheet to lenders customers won't c a penny

  • @MrSupernova111
    @MrSupernova1117 ай бұрын

    How do you rebuild trust in a scam? lol

  • @tiagoquental1029
    @tiagoquental10297 ай бұрын

    If only Harry Potter could save her this time...

  • @nionhatvl7473
    @nionhatvl74737 ай бұрын

    Is she human or is she a goblin?

  • @goodvibesonlyx

    @goodvibesonlyx

    7 ай бұрын

    loot goblin level 1000

  • @mikatu

    @mikatu

    7 ай бұрын

    I think she defines herself as elf.

  • @rtqii

    @rtqii

    7 ай бұрын

    @@mikatu Sultry Wood Nymph

  • @tranger4579

    @tranger4579

    7 ай бұрын

    No much worse... A Jew

  • @liudizzle

    @liudizzle

    7 ай бұрын

    and SBF actually hooked up with that? 🤢

  • @terryleong7
    @terryleong77 ай бұрын

    Nonsense.... how can it be cleaned up when there is no regulation to keep these exchanges from committing fraud

  • @user-kn6vw4sr2r
    @user-kn6vw4sr2r7 ай бұрын

    3:33 he said it well 😂

  • @scotto7924
    @scotto79247 ай бұрын

    Bet she wished she could turn back time both in her decisions and how it's all aged her.

  • @tmcurly

    @tmcurly

    7 ай бұрын

    She has always loooked like an old lady. She loooks just An old lady 90 years old 👵👵👵 but with baby soft smooth skin.. !!

  • @Castle743
    @Castle7437 ай бұрын

    She is very guilty.. She knew what she was doing While collecting millions for her pocket! She is not an innocent bystander She should be in JAIL!!

  • @borisrimpila2668
    @borisrimpila26687 ай бұрын

    reporting about XRP now?? wow..

  • @walterdemarchi5256
    @walterdemarchi52566 ай бұрын

    She was complicit

  • @jumpdawg799
    @jumpdawg7997 ай бұрын

    Forget Cryto. You can get rich stuffing envelopes.

  • @Dakid015

    @Dakid015

    7 ай бұрын

    Huh?

  • @davidnorth3411
    @davidnorth34117 ай бұрын

    What’s with crypto advertisers ?

  • @sscn9127
    @sscn91277 ай бұрын

    What about that old interview of her laughing at how much money she lost in one trade? She was a willing participant just the same as Sbf

  • @sevpier
    @sevpier7 ай бұрын

    what an "industry" where 1 person can do such damage! its simply ridiculous "industry" with blind people buying thin air for hard money speculating price will fly, but what intrinsic value all these "tokens" have, what problems they solve?

  • @BrianTaylor1645
    @BrianTaylor16457 ай бұрын

    SBF got zero of my money. Zero as in none! I don't care who is pitching the exchange if it's off shore then it's a no in my book. They are off shore for a reason mostly because they'er doing something " a little strange for some change!"

  • @mariapilarme
    @mariapilarme7 ай бұрын

    Do they have cargo pants in jail? He will feel like home

  • @carolynnilsen9270
    @carolynnilsen92707 ай бұрын

    SNFplayed the markets like a video game - except these were real people and real money. It was just numbers to them.

  • @seanwebb605
    @seanwebb6057 ай бұрын

    People shouldn't have confidence in any of these coins and exchanges.

  • @lucianp2616
    @lucianp26167 ай бұрын

    SBF reminds me of Nero or Caligula. The wrong person in power for all the wrong reasons.

  • @paulngo4631
    @paulngo46317 ай бұрын

    Imagine being in her shoes. SBF wanted her to make billions but she kept going backwards due to the crypto collapse. In an alternate universe, crypto and NFTs keep going up and she would be fine.

  • @briantep458

    @briantep458

    7 ай бұрын

    yes it is bad, she may have to spend 10 years in the prime of her life in prison. But also think about the thousands of people who have lost generational wealth that they had saved for 10, 20, 30 years. That money is never coming back and the lives of those people will never be the same

  • @LeBerurier111

    @LeBerurier111

    7 ай бұрын

    Come on guys, people putting all their money in a non regulated and high risky asset like crypto deserved the lesson to lose it

  • @briantep458

    @briantep458

    7 ай бұрын

    @@LeBerurier111 FTX was advertised on the SuperBowl with A-List celebs and several youtube "gurus". Not everyone is going to read the 1000 page fine print

  • @nitemare1525
    @nitemare15257 ай бұрын

    Too bad the customers aint going to get their money back, self custody is always better

  • @kevindu7854

    @kevindu7854

    7 ай бұрын

    The problem was a lot of users were also over exposed to FTT as well due to platform incentives and their guise as a legitimate and safe business.

  • @Bradenbrandshorts
    @Bradenbrandshorts7 ай бұрын

    Crypto and Stablecoin Transparency Act need regulation

  • @borisrimpila2668
    @borisrimpila26687 ай бұрын

    Gary Gensler is/was more responsable on this issue ........

  • @Willfully_Ignorant
    @Willfully_Ignorant7 ай бұрын

    Oh yea. Traditional institutions coming into the crypto market will be great for crypto. I mean it’s not like it was created in the rebellion of traditional institutions causing crash after crash.

  • @nco1970

    @nco1970

    7 ай бұрын

    Traditional institutions, crypto market,... there will always be greedy people everywhere. The issue is not the organization, the technology, it it human beings and their greed. Thinking that creating something outside the box will solve this inherent issue is pure fantasy.

  • @adiintel1
    @adiintel17 ай бұрын

    Stop trying to centralize the decentralized currency - andreas antonplous

  • @artofgettingup1984
    @artofgettingup19847 ай бұрын

    caroline is allegedly just as guilty as bankman - please stop making it like they are any differences.

  • @ryugurena3327

    @ryugurena3327

    7 ай бұрын

    She did nothing wrong

  • @charliem5254
    @charliem52547 ай бұрын

    Cryptocurrency ain't going nowhere. Y'all got scammed

  • @mikes-wv3em
    @mikes-wv3em7 ай бұрын

    so many magic beans and tulip bulbs losing value right now. so sad.

  • @Ender2brine
    @Ender2brine7 ай бұрын

    i dont think i can stare much to that face... really, it makes me sick

  • @briantep458

    @briantep458

    7 ай бұрын

    time for 240p

  • @disposable1911
    @disposable19117 ай бұрын

    *Worried that they would be eventually caught for a pyramid scheme. There you go, I fixed the title.

  • @fiveinfive
    @fiveinfive7 ай бұрын

    She cheated people out of their money and is terrible. But jesus, she sure got cheated in chin department. Girl looks like a Bobs Burgers character.

  • @endoetz
    @endoetz7 ай бұрын

    bruh, what happened to her??? 😨😨😨

  • @CosmicCosmo1
    @CosmicCosmo17 ай бұрын

    Shouldnt she be rotting in a cell somewhere?

  • @andrehakmann5716
    @andrehakmann57167 ай бұрын

    Binance is brown bred

  • @RoackerRomanMandru
    @RoackerRomanMandru7 ай бұрын

    She is lying..I saw all her interviews in the past year, she was a ringleader and enforcer of their schemes. She can plead and lie all she wants.

  • @jsisbeingcensored
    @jsisbeingcensored7 ай бұрын

    10:48 is why I’ll never buy crypto!

  • @dova-oj1kt
    @dova-oj1kt7 ай бұрын

    Yeah. Dread. Someone had pistol on her head?

  • @Vonriga
    @Vonriga7 ай бұрын

    Poor little petal. She will just dress like a wood nymph again and the old men of the establishment will give her a pass.

  • @mattdoliver1984
    @mattdoliver19846 ай бұрын

    Will she go to Prison??

  • @bukuism
    @bukuism7 ай бұрын

    SBF hacked my Miami reality

  • @TheIvyLens
    @TheIvyLens7 ай бұрын

    Sure she does, Little Miss Stop Loss will say anything.

  • @andrewskrinar8579
    @andrewskrinar85797 ай бұрын

    How is he a "white knight" to "save the industry" ❔ He napalmed the industry ❕

  • @HistoriasEmpresariales
    @HistoriasEmpresariales7 ай бұрын

    Plis plis plis plis, no more poor woman she's a victim of those awful men narrative for everything, when she uses just as much money, privileges and luxuries as the rest of the bunch

  • @kateshaw8334
    @kateshaw83347 ай бұрын

    Jordan has the most beautiful eyes

  • @andrehakmann5716
    @andrehakmann57167 ай бұрын

    Is this video made from Puerto 🇵🇷 basement?

  • @andrehakmann5716

    @andrehakmann5716

    7 ай бұрын

    Seriously?!

  • @mariapilarme
    @mariapilarme7 ай бұрын

    I heard something funny, cigarettes are the crypto in jail, the more you get the better will be for him.

  • @user-ob2mo9bb3v
    @user-ob2mo9bb3v7 ай бұрын

    Stupidity never goes away. People never learned from the Tulip mania and all the schemes until the latest, crypto-mania.

  • @toddtheisen8386
    @toddtheisen83867 ай бұрын

    Stock trading=gambling. Few---VERY few---individuals can make money gambling in the long run. Remember that folks. Expert traders make mistakes, sometimes lose money but amateurs will ALWAYS lose no matter what the advantges.

  • @mikemagura7064
    @mikemagura70647 ай бұрын

    Fortune favors the brave and it appears so do Hookers!

  • @swisscottage1070
    @swisscottage10707 ай бұрын

    Bitcoin not Sh@itcoins (crypto)

  • @forbesy33
    @forbesy337 ай бұрын

    Get my money out of binance. Whales moving money out on mass will create a short sell.

  • @JohnSmith-cy9tt
    @JohnSmith-cy9tt7 ай бұрын

    Bitcoin grifters crying now...well let them have it - the deserve it

  • @helenhill8093
    @helenhill80937 ай бұрын

    can someone get the girl a hairbrush?

  • @ohhs7830

    @ohhs7830

    7 ай бұрын

    Small point, does she ever wash her hair ?

  • @HKTimbo
    @HKTimbo7 ай бұрын

    Crypto. Biggest scam since religion.

  • @giuseppepennisi8699
    @giuseppepennisi86997 ай бұрын

    Fox trading team was copying MMCrypto channel on KZread.

  • @ryugurena3327
    @ryugurena33277 ай бұрын

    This poor girl is innocent!

  • @a.ashley5292

    @a.ashley5292

    7 ай бұрын

    🥴

  • @siarnaqfrost4968

    @siarnaqfrost4968

    7 ай бұрын

    She already pleaded guilty. Nice joke tho, thanks for sharing.

  • @apollothirteen9236
    @apollothirteen92367 ай бұрын

    Free SBF! No justice, no peace!

  • @csxcobracsxcobra334
    @csxcobracsxcobra3347 ай бұрын

    xrp will be king

  • @tmcurly
    @tmcurly7 ай бұрын

    Who are two random guys talking about crypto and saying the obvious? 😑🫤🙄.