Inside the downfall of cryptocurrency titan Sam Bankman-Fried l Nightline
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was charged with defrauding investors by the U.S. Securities and Exchange Commission on Tuesday.
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#nightline
Пікірлер: 1 800
Can’t wait for the “American Greed” episode to come out.
@alvinsavage7701
Жыл бұрын
Lol ikr
@ErikZarins
Жыл бұрын
*YES!!!*
@roberttena5653
Жыл бұрын
Get rich quick
@scottchicago95
Жыл бұрын
Great show.. then the secret prison porno, after that.. lol..
He’s such a weasel that’s why he thought he could talk his way out of this, just like he had been while he was scamming everyone 🙄
@drippy_pics9086
Жыл бұрын
I knew he was a scammer soon as MSM was shoving him down our throats
@franke.8583
Жыл бұрын
I don't think it's sunk in for him .. A few more days of shitting in a bucket and not getting his vegan breakfast might wanna speed up the process of coming back to the USA to serve time . . So funny , I need bail because I wear a patch and I'm vegan .
“he drove a corolla” is the dumbest reason to trust someone.
@shaybenhamo1794
Жыл бұрын
Thank you caption obvious.
@mangographics225
Жыл бұрын
We are the dumbest ... Oh but he's a common guy ... Sleeps on his bean bag and can be trusted. Meanwhile he's washing billions of corruption money from all over the world ... we're such morons today!
@deSeriosa
Жыл бұрын
Especially if he drives a Corolla while living in a 40M mansion.
@FFF_Trucking
Жыл бұрын
Do you know what Warren Buffett drives? He was trying to follow his footsteps
@rasul407
Жыл бұрын
Andrew Tate summed him up so accurately
He learned a valuable lesson: don’t steal from rich people. Steal from poor people like every rich person
@aboodyali9584
Жыл бұрын
🤣🤣🤣
@sunshine-yr4qw
Жыл бұрын
Everybody knows that....
@roclaren
Жыл бұрын
Defrauding is wrong no matter what. A lot of poor/middle-income people lost their life savings in this.....pretty ignorant comment imo
@hokuwong
Жыл бұрын
@@roclaren OP’s point is that the only reason he’s getting taken down is because rich people started losing money, not that it’s only ad when it happens to rich people.
@andrewwinslow9315
Жыл бұрын
@@roclaren Defrauding the rich to some people is justified.
As an upcoming Crypto trader I totally understand the gravity of the knowledge you are trying to pass across, thanks for the info
@bernddamian9519
Жыл бұрын
Yeah you are right, some vital informations were given out here, I know they are true because they correspond with the teachings of my mentor Mr. Larry Kent Nick and he is a very successful trader
@lynnkoeffler8326
Жыл бұрын
You are 100% correct, that was why I commented also, I have been trading, investing and making profit with Mr. Larry kent nick for years now
@bernddamian9519
Жыл бұрын
Wow what a small world, I was thinking I was the only one benefitting from the trading strategies of Mr. Larry Kent Nick, I guess you can’t hide that level of talent
@lynnkoeffler8326
Жыл бұрын
Yeah you are right, that’s the best way to connect with him
@fosterwhales1027
Жыл бұрын
Thanks for all the help everyone
Really glad Sammie decided to do all those wonderful interviews without his lawyers this last month
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment? I can't afford my hard-earned $80,000 savings to turn to dust
@ericaleix8347
Жыл бұрын
Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by
@nicolejohn1165
Жыл бұрын
Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
@adrianyates9879
Жыл бұрын
@@nicolejohn1165 How can i get a good Fiduciary counsellor please?
@nicolejohn1165
Жыл бұрын
GRIFFINROSSE
@nicolejohn1165
Жыл бұрын
That's her Telegam ID, Contact her via the username above 👆👆👆
The media is so dumb for putting this dude on a pedestal, everything he did was sketchy, he deserved to take your money at the point 😆
@vv6087
Жыл бұрын
Nah fr!! Natural selection
@dramalawless
Жыл бұрын
I think this is all a damn movie, they would have been dead this fool, like the others, they know exactly where that $ is at, he picked sides
So, can anyone explain how crypto aren't just digital pyramid schemes?
@MrWarrenRB
Жыл бұрын
Every investment is a pyramid scheme, you try to buy low, sell high, and hope you get out in time before the bear market. BTC is worth $0 if no one wants it, well guess what, people want it so it’s worth $17K at the moment. Supply and demand.
@RicePho
Жыл бұрын
Nope, they can't. It has been a pump-and-dump made to fool idiots of their mass gain but the people promoting and advocating crypto will just dump it on the idiots.
@KokoInLaLaLand
Жыл бұрын
Can you explain how crypto are just digital pyramid schemes?
@Been.Here.Since.2007
Жыл бұрын
He misused the money in his exchange. He took it and put it into his other company that failed. He did not have permission and wrote computer code to cover it up.
@hnaku8748
Жыл бұрын
Depends on which we're talking about. It's like saying countries are bad because North Korea. Which doesn't make sense.
SBF : "24-7 risk monitoring ... " Also SBF : "I wasn't spending any time or effort trying to manage risk."
@soulreaper9453
Жыл бұрын
Basically any Democrat vegan logic trying to save the planet by eating plant material only, driving an electric car and living "sustainably" by making trips on a private jet
@ryansutedjo6704
Жыл бұрын
caroline : "we don't need things like stop losses" lmao
Even with this heavy drop I still make good profit from bitcoin
@alexmorris6222
Жыл бұрын
How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out
@helenmansfield3446
Жыл бұрын
@@alexmorris6222 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss
@velentevictor9435
Жыл бұрын
@@helenmansfield3446 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that fx and bitcoin is one of the profitable money exchange services that elevates investors and their financial status.
@shannoncallehan9678
Жыл бұрын
@@velentevictor9435 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts
@shannoncallehan9678
Жыл бұрын
@@velentevictor9435 Bitcoin investment (fx) can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to fine an expert of this form of investment prior to getting started with. As you can see, the market is open and operates 24 hours a day and almost seven days a week
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@mentarisaputra5049
Жыл бұрын
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
@markfreund8904
Жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
@mayaharper4380
Жыл бұрын
How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
@mayaharper4380
Жыл бұрын
💯💯💯
@leonardwinston4232
Жыл бұрын
@@mayaharper4380 I will recommend my current trader Mrs Sally Luis ,, she is from USA and her strategies are earning a lot of profit for me.
I just know Warren Buffett is sitting in Omaha right now laughing his ass off
@ComicKish
Жыл бұрын
Don't trust the Jews
@normancarter5419
Жыл бұрын
Warren Buffett and Charlie M said they would never invest in crypto, bitcoin, etc., and said publically many times that it was basically a Millennial Modernized Ponzi Scheme and that no one should invest in it, it has no intrinsic value, it makes nothing, it creates nothing, what is "electronic mining", all it is is the "Greater Fool" investing scheme.
@Jocky8807
Жыл бұрын
Together with Charlie... Turd cover in crap..... 😂
@jacobtennyson9213
Жыл бұрын
And Zuckerberg,too.
@ryanelbers2127
Жыл бұрын
Hilarious when he ripped on cryptocurrency and said it was worthless 🤣
Call out the politicians that he donated to and covered for him in congress and in the highest levels of power
@ComicKish
Жыл бұрын
U trust the Jews
@johntomasik1555
Жыл бұрын
I'd rather gather up the 97% of the voters who continue to vote in the same big parties that allow this crap, and prevent them from voting again. Sounds harsh, but studies of human nature show that the masses are usually wrong, so rule by democracy isn't a sustainable success.
@astev1384
Жыл бұрын
That’s why he’s been arrested. He was about to start talking…
@leighhoppins9273
Жыл бұрын
They clearly never knew what he was doing, so shut up people they’re not God ok So stop thinking they have to be perfect god your sooooo dumb honestly
@kazithecanecorso2724
Жыл бұрын
Call the dnc and rnc and ask them if they will return. They will tell you no
Lovely, he admits his guilt, claims ignorance, then apologizes for all the people who were hurt because he was to lazy to get a job. 🙄
@Hillers62
Жыл бұрын
Oh...OK...then let him go free....NOT!!!!!!!
@lorir2474
Жыл бұрын
@@Hillers62 Not ONE WORD I wrote implies that this con-artist should go free!
"For anyone who did wrongdoing, come see us before we see you." That's cold!
@hazyaspect
Жыл бұрын
Yeah, the government is in a mood...
It’s so easy to con people ….just appeal to their greed.
@supianzainuddin1482
Жыл бұрын
I concur
@kenamaro3942
Жыл бұрын
Yea but...he slept on a bean bag !
@supianzainuddin1482
Жыл бұрын
@@kenamaro3942 bless him😂
@seensay2132
Жыл бұрын
Exactly! Greed is the word. No reasonable person would’ve saw this scam for more than it was
@cal593
Жыл бұрын
Yep. They guaranteed a ridiculous return. That's 🚩 #1
The new season of " American Greed " is going 2 be fire.
@jacobtennyson9213
Жыл бұрын
I waiting for a Nexflix special. It called it, The Bankman, Fall of FTX.
@lford1130
Жыл бұрын
I’ve been thinking the same thing since this whole thing started!! 😂😂
@annem7806
Жыл бұрын
"Fried" 🥓 🍳: This is crypto.
Still cant believe people looked at him and said to themselves "Yeah, he looks like a trustworthy person to store my money with."
Absolutely amazes me he thinks he can talk his way out of this. Even more amazing is he may not be wrong.
@jesseerven4859
Жыл бұрын
That part makes sense to me that anyone would try and take their way out of it but what freaks me out is how people like O'lerry defend him and use their pulbic image to try and convince people he didnt do anything wrong
Don't forget the CEO of Alameda. She needs to be arrested next.
@NorceCodine
Жыл бұрын
She probably gave the incriminating testimony against SBF in a plea deal, that's why the government could move so fast. Otherwise proving intent, the crucial part, could have been tricky.
@bauttiet.h.u.g.5900
Жыл бұрын
@@NorceCodine that testimony could have come from engineers but I see your point.
@ryansutedjo6704
Жыл бұрын
now I know why zootopia 2 was delayed
@beevee9480
Жыл бұрын
She's the reason bedroom light switches were invented.
@bauttiet.h.u.g.5900
Жыл бұрын
@@NorceCodine it's come out that the co CEO of FTX was the one who went to the authorities
He loves the attention. Even being arrested, he carries that smug smile.
@patcolin2
Жыл бұрын
He has that smug smile, because he has monies in a Swiss Bank account, and wasn't invested in crypto....😀
@brianwalsh1401
Жыл бұрын
@@patcolin2 He does his 10-15 years in prison and comes out with a lot of money waiting for him.
@patcolin2
Жыл бұрын
@@brianwalsh1401 Exactly...
@kathduncan9618
Жыл бұрын
And that voice. Ugh. What sort of accent is that? Like a mosquito learned English.
@Veroweithofer
Жыл бұрын
@@brianwalsh1401 let’s see. Elisabeth Holmes got 11, but at least she didn’t mess with political parties. The campaign fraud charge might be what will bring him a lomg sentence for the other charges. I read somewhere of 115 years.
Even with the current dip in cryptocurrency, I’m still glad I can smile 😊 back at my portfolio of $105,850 built from my weekly trade, I’m having my fourth withdrawal in 10 business days.
@andrewbones5178
Жыл бұрын
Same here, there’s no doubt crypto investment is the key to future wealth, with my current profit of $59,650 made from my investment with Mrs Pamela Williams trading platform I am totally convinced, she’s the best trading broker I have worked with and her strategies are so easy to adapt, she’s such a blessing to me especially in this current dip💯
@fredrickdarlington8820
Жыл бұрын
I heard a lot about Mrs Pamela Williams and how good she is, please how safe are the profits?
@ellenjessica6706
Жыл бұрын
I have also been trading with her, the profits are secured and over 100% return on investment directly sent to your wallet or bank.
@vansurvw8282
Жыл бұрын
After watching so many KZread videos tutorial videos about trading I was still making losses until Mrs Pamela Williams started managing my investments now I make $10,567 weekly. God bless Mrs Pamela She’s been a blessing to my life and family
@binibest6069
Жыл бұрын
Oh please guys, is there any way I can speak to Mrs Pamela Williams, this sounds so helpful and I would love to join the train 🙏
I lost so much on just hold FTX, but that did weigh me down because I invest with Amanda Moore Hinton. She's the best when it comes to making high profits in the financial market, she's well accredited and proficient to help you through managing your investments..She's highly trusted and recommended....
@andresLK
Жыл бұрын
I've also been trading with her, the profits are secured and over 100% return on investment directly sent to your wallet..
@tomaszcz_k
Жыл бұрын
Wow amazing to see others trading with Mrs Amanda Moore, I'm currently making my 5th trade with her and my portfolio has grown tremendously..
@charlottedale1111
Жыл бұрын
You can communicate with her on telegam with the user name below..
@charlottedale1111
Жыл бұрын
ProAmandaHT1....
@AnnaFed015
Жыл бұрын
I also invest with Mrs Amanda Moore Hinton, she charge a 15% commission on profits after each trading session, which is fair compared to the effort she put in to make huge profits.....
This is why you invest only money that you can lose. The moment you invest some money - you have to consider that they can go to zero.
@techno.science
Жыл бұрын
FTX customers weren't investors, they lost funds that they deposited on the platform, which could have been crypto or cash. They didn't lose money from investments, they lost access to their funds because FTX stole their deposits.
@nosuchthing8
Жыл бұрын
It was the equivalent of a bank. The investment piece was Alameda. That's where Sam went over the line. He took deposits and gambled with them.
@cherkovision
Жыл бұрын
Correction: You should only GAMBLE money that you can lose. And buying crypto is gambling.
@MLProductions.1
Жыл бұрын
@@nosuchthing8 yeah seems like dude one day decided to gamble with a mill. Lost it doubled up. Lost it and kept going because he didn't wanna come out of pocket. What a moron
@nosuchthing8
Жыл бұрын
@@MLProductions.1 yeah, many people keep doubling down. But the exchanges are supposed to exist to simply exchange money to crypto.
I never did get that crypto currency thing and I'm glad I didn't get it.💸💸💸💸💸💸💸💸🤔
@albertosillywhips7281
Жыл бұрын
You didn't "get it" because you used critical thinking skills, asked some common sense questions, and realized that this sh*t doesn't make sense. Meanwhile, some of your fellow primates are trying to get rich buying internet money.
@TheBrainDunne
Жыл бұрын
good. crypto currency thing is stupid. It's trading in a currency that is not used for buying and selling real things. crypto is a mostly a pump and dump scam to me.
@albertosillywhips7281
Жыл бұрын
@@TheBrainDunne Well, you could buy stuff with cryptos, but I think that most of the people getting these currencies are just holding onto them in hopes of getting rich.
@TheBrainDunne
Жыл бұрын
@@albertosillywhips7281 yes a tiny percent accept crypto for real good and services but what is the point in than.
@MLProductions.1
Жыл бұрын
@@TheBrainDunne only use I see is countries with failing currencys and bad governments. They use them but I agree overall. That said anyone who buys on these platforms and doesn't withdrawal to a hard wallet is a moron. Why tf would you want your crypto in the possession of someone else when it's unregulated
Seems an empty Folgers coffee can would be a better investment....if you bury it in the front yard, you'll always know where it is.
@hotvegas2498
Жыл бұрын
💯
6 months ago i was bulllish on investing in Crypto. i disregarded the opportunity i had to invest on the strength of encouragement of two friends who have already been trading for the last year. they said it would be a good idea when i had 15,000.00 i was looking to put that into something i could make a return on in a few years. this is exactly why i didnt. and im so glad i listened to my gut to not do so. i thought crypto was a losers fad 6 months ago, and its only been reinforced now.
@FFF_Trucking
Жыл бұрын
Never trust another human being with your money,
@kristopherryanwatson
Жыл бұрын
@@FFF_Trucking in the past 2 months they lost everything they had invested - somewhere around 10,000 USD. they were laughing at me at the time they were trying to get me onboard to invest in Crypto and I said No. Look who's laughing now.
@FFF_Trucking
Жыл бұрын
@@kristopherryanwatson Well Done!
@toddlavigne6441
Жыл бұрын
From day one I said crypto's are a joke. Yes you can make a killing, but that is just luck. He can lose it all just as fast. Too volatile to be considered an investment. This makes me happy to see it fall apart.
@MarylandGuy-ey3st
Жыл бұрын
We’re in a normal crypto bear market and it goes on 4 yr cycles based on the Bitcoin halving. This whole FTX collapse was due to a fraudster in which the whole crypto community is glad he’s out and not due to crypto itself. It would be like if Robinhood or Fidelity committed financial crimes, it’s not the stock market itself.
He legitimately made a million dollars a day from trading Bitcoin but he became greedy and that was his downfall.
@BitcoinMaxy34
Жыл бұрын
Bernie Madoff was a millionaire legit before he did the things he did.
@kenamaro3942
Жыл бұрын
Greedy and lazy by his own admission....
@AP90x
Жыл бұрын
Yea he should of just stayed in that lane and been good. I woulda tried to make like 10 mill and been good and what he was doing wasn’t illegal, easy for him but kind of complicated to really do for others. I looked into it when i first heard about this guy like 2 years ago
@BitcoinMaxy34
Жыл бұрын
@@AP90x he couldn’t. He’s a thief at heart and has democrats to buy.
@Luboman411
Жыл бұрын
@@BitcoinMaxy34 Yeah, Bernie Madoff really confused me. He built up a legit business clearing trades in the OTC markets, and the tech he pioneered was the precursor to NASDAQ. Yes, this business wasn't going to make him a billionaire. But it easily netted him a fortune of $100 million to $200 million or so. Some people's greed cannot be quenched...
FTX was a bank, and Fried was not a crypto currency titan. Fried is essentially the Goldman-Sachs of crypto.
I can't feel that sorry for the money launderers and crooks that lost their money in crypto. The "industry" should disappear.
@jpcaretta8847
Жыл бұрын
They are the only one using honestly crypto.
That dude deserve life time, I want my money back!
Deliberate ignorance academy award to this man child. Possible 100yr prison term.
@nosuchthing8
Жыл бұрын
He has to be extradited first
@DarkstarDarth
Жыл бұрын
@@nosuchthing8 and he's probably got a wallet key on a thumb drive with billions$$ to bribe Bahamas government to keep him there.
His lawyers said: show remorse. He said: Yep.
@DMalltheway
Жыл бұрын
He went against his lawyers wishes going on TV and podcasts.
He’s just chill like nothing happened 😮😢😅😂
His parents are heavily involved in the cover up too.
@kenamaro3942
Жыл бұрын
SBF was charged with multiple counts of "conspiracy"...every one involved in the orgy will get what's coming...
@nosuchthing8
Жыл бұрын
Good chance, yes
@y.cschmidlin8172
Жыл бұрын
and the Democrat party
@wthwasthat8884
Жыл бұрын
@@y.cschmidlin8172 He literally donated 32 million to republicans aswell. billionaires donate to both parties, thats why theyre billionaires.
I feel bad for the guy who lost 120k, but crypto, like the stock market isn't a "sure thing" by any stretch of the imagination more so with crypto. As the old adage goes, never invest money that you can't afford to lose..
@mingmangmung3051
Жыл бұрын
Likely a lot of the 120k was earned when crypto was on its way up. He lost whatever he invested in which is way less than that
@ShashankAdhikari
Жыл бұрын
He only lost his vacation. There could be some who invested their mortgages or worse borrowed heavily.
@VisibleNoises
Жыл бұрын
I think it's different. If somebody invested in a crypto coin or a stock that lost all of its value, that's one thing because you should know that's a possible outcome. Putting your deposits on an exchange where they guarantee it won't be loaned out or touched but then they steal it to invest in risky ventures is just lying about what your business does.
@xiangli2452
Жыл бұрын
Crypto is nothing like stock market, a stock has an underlying company while a crypto only has thin air.
I wonder if all the Politicians who got rich through Sam will get in trouble?
@765kvline
Жыл бұрын
--Of course, not!
If I had the big bucks, I would have never invested in cryptocurrency. It never appeared to be something that people can trust, apparently the whole idea was just a scheme.Whenever something sounds to good to be true, it isn't.
@oneangryblackman
Жыл бұрын
You don't understand cryptocurrency. Do some research. You won't sound as silly when sharing your opinion
@dojokonojo
Жыл бұрын
The key is to pull out before the peak and crash. *taps head*. If it looks like a speculative bubble and quacks like a speculative bubble, it's probably not good to hold.
@hnaku8748
Жыл бұрын
This wasn't a failure of tech; more a human error/fraud. We need to learn the difference. Most have been such. Apart from Terra/Luna the recent big failings have been similar. Pyramid schemes and such existed before crypto.
@zulfadhlihakim-jo9xj
Жыл бұрын
true...i would invest in potential stock market..not in crypto right now..its going downhill right now..they keep saying it it will spike up and up...but its keep going down...
@KokoInLaLaLand
Жыл бұрын
Educate yourself
What bank does your dollars go to when you've bought the crypto?
@queenofsheba7145
Жыл бұрын
It goes into a "Crypto Bank" - hence FTX, which was a fraudulent bank. These crypto banks are not regulated or secured. I always knew it was a scam.
@artyfuffkin7805
Жыл бұрын
@@queenofsheba7145 well your bank has to transfer it to a bank account of some sort ,is my point PayPal or else and they have to keep records of the transactions
@queenofsheba7145
Жыл бұрын
@@artyfuffkin7805 Yes, it has to be sold first. Then you get the cash, and can transfer into your bank accounts. I'm not sure if it setup with PayPal yet. But this is where the fraud comes in, because they are basically worthless and has no value. Only a temporary value. Warren Buffet spoke extensively about this about a year ago.
It will be interesting to see how hard the Feds push campaign finance charges.
Guilty! And I agree he is not the only one that needs to be arrested. But also... the big guys know to make him look really bad to cover up other schenes we don't know about yet. He got greedy. I'm sure their are others doing it far longer than he had, gnat just don't go this overboard. They'll probably help him later.
@BaconLard999
6 ай бұрын
He was a dem doner brother
Nice video and thank you for breaking it down!! Even with the current dip, I'm still glad 😊 I can smile back at my portfolio of $66,700 made from my weekly trade within a short period
@liliancasandra4479
Жыл бұрын
@Sunday Hawker I invested in crypto trading with a pro broker who trades for me while I receive the profit. He is good and understand the market very well. I would advise you to do same , it's very profitable
@liliancasandra4479
Жыл бұрын
@Sunday Hawker Charles Harrison is my current broker and he is been earning a lot for me since the past few months, he is worth recommending
@richardbrendason7931
Жыл бұрын
Wow, i'm shocked you mentioned Charles Harrison, he is also my current broker and he earns a lot for me weekly
@liliancasandra4479
Жыл бұрын
@@richardbrendason7931 You don't have to be shocked, Charles Harrison has helped so many newbies become millionaires through crypto trading
@adesinerashidat1169
Жыл бұрын
My first Investment with Exp Charles Harrison gave me so much profit that I have to keep reinvesting with him repeatedly. I recommend you and other newbies to get started with him
I hope celebrities either have to pay or learn to not just take money blindly for ads in the future
Or can I say some people out there with a higher pay grade than me tells people don't deal with this stuff but yet they do and now they're getting burnt. I myself I like good Hard Cash Yankee dollars or gold or coin but something virtual that has no backing whatsoever which isn't regulated. And believe me now it's going to get regulated but do what you want to do.
He’s a scapegoat, they’ll make a headlines of him, he’ll do time and this all for the public to feel that justice been served but it doesn’t matter. Money’s gone, someone got rich, it’ll blow over and everyone will forget about it. Classic scenario
“Come see us before we come see you” -US Attorney Southern District …he’s no joke 🔥🔥🔥
Why not let him testify to congress and then arrest him afterwards? The feds could of used anything he said.
I love how it's not a crime to steal from poor people but it's a crime when you steal from rich people lol
He is done.Time to have a clean haircut... in prison.
@joeldiaz5857
Жыл бұрын
He will be robbed of his innocence in jail. But like a said you don’t just magically end up there. Pretty sure he has been scamming all his life.
@normancarter5419
Жыл бұрын
No, he will get EPSTEINED.
Why didn’t he testify before Congress? Are they worried he is going to throw some of them under the buss
Glad the housing crash is here. I was holding a ton of cash, and seeing houses at a 50% discount. Loving it.
There's always financial trails & follow the trail will enable the regulator to pin point the reason and bring changes to this guy . Crypto lacks of supervision is doom to fraud and manipulation
When this came out I was thinking to myself people should wait a few years before investing into something new. I kinda had a feeling this was FRAUD!!!
Can the new CEO, John Ray, be held accountable for anything at this time ?
what I don't understand, and this goes for any company going through bankruptcy or a scandal. when ever a new CEO comes in right off the bat they pay them $millions, like the new CEO of FTX is getting $1,300? hour. like WTF 🤬 your trying to save a company from going under, and your first like order to trying to cut cost and money is to pay a CEO millions on his first day. when he hasn't even done anything.
Wow, and to think that the media defended this guy!
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
@raheemalbrighton1573
Жыл бұрын
The pandemic came and taught everyone the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra-income earning chance, like investments.
@Jody8337
Жыл бұрын
@@raheemalbrighton1573 I agree with you, Covid taught us the importance of having a plan "B" income. You are not safe with just one paying job, when nobody knows what will happen next. Look at what happened to so many of u...
@Jody8337
Жыл бұрын
Job will pay your bills, business will make you rich but investment makes and keep you wealthy, the future is inevitable 💵
@Tonyforeman659
Жыл бұрын
Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.
@Rick.4890
Жыл бұрын
@@Jody8337 What is your advice for a new beginner like myself, I have been trying to practice using a demo accounts, but I am scared that I don't know enough to start trading all by myself. What to do next.
There is more to this. Things aren't always as they seem
When fiat money came in, SBF sold them FTT coin. Then the FTT coin, went into collateralization, and other financial tricks, but whom held the cash. lol. When another exchange tried to convert the FTT to cash, the company did not have the cash to cover. Billions is missing.
We know this happens all the time but they're just REALLY coming down hard on him because it's cryptocurrency.
This is just the first step in outlawing non-government issued cryptos and SBF just played his role like he was directed.
@louislinsley3128
Жыл бұрын
Dumbest thing I've heard all week! 🙂
@christiancolossus5165
Жыл бұрын
@@louislinsley3128 Get your boosters friend. They'll save your life.
@louislinsley3128
Жыл бұрын
@@christiancolossus5165 "SBF just played his role like he was directed." So, SBF is happy to get a Madoff 150 yr sentance? That's gonna be SBF's role? really? 😄
@christiancolossus5165
Жыл бұрын
@@louislinsley3128 First of all SBF isn't as smart as the MSM says he is. Second, if you still believe ANYTHING that is being said on tv then you really need to get a clue. The world doesn't run the way you think it does my friend.
@grilleFire
Жыл бұрын
Why bother outlawing it? Just let the fools invest in it and get scammed. Eventually when they are left holding the bag they will hopefully learn . Just fools looking to get ripped
Bankman-Fried reports that "he shares a cell with six men, sleeping on the bare floor and using a bucket for human waste." Sounds just like the FTX condo including the sex parties.
When you hear the person entrusted with your money start saying 'I don't know' more frequently, it's as good as saying goodbye to your doe forever.
He sounds very odd when he talks also he has lawyers they would know he does not need to do a deep dive lol
MSM: “Thank God for FTX!! We might have had to talk about the US government conspiring with big tech to violate the 1st Amendment!”
Bankman-Fried.... Even his name was a red flag 🤣🤣🤣
@hotvegas2498
Жыл бұрын
💯 😂😂😂
I think they will make an example out of him as a warning for other crypto scammers. He’s probably looking at a lengthy time inside 🙃
The man embodies the meaning of the word embezzlement .
They better give this guy life without parole
@mangographics225
Жыл бұрын
Life without computer access ... He can then sleep on his bean bag sack behind bars.
@FFF_Trucking
Жыл бұрын
he will get a laptop in jail, then start over
@pixelbyte7259
Жыл бұрын
Max 7 years...
@madeyoulook2869
Жыл бұрын
Not even , a lil restitution and like 2 years . They easy on white boys who steal money
@JayJay-ki4mi
Жыл бұрын
like madoff?
May God bless amazon. the APM22T is the game changer
@fauxque5057
Жыл бұрын
You can earn the easiest $100. You ever made. Just show me how Amazon has anything to do with this pump and dump.
Extremely interesting and informative.
High on speed, fueled by greed, next on "I almost got away with it."🤑🤑
@vv6087
Жыл бұрын
Lmfao he definitely knew what he was doing
“Sir… that’s better than cash… it’s an IOU!”
Rumor has it that SBF is offering 1 billion if anyone gets him out of custody and to a safe country.
@lucasdaniel_28
Жыл бұрын
Deal
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@vanillafyona6557
Жыл бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@davidfat15
Жыл бұрын
@@vanillafyona6557 in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-adviser,
@roselyn7649
Жыл бұрын
@Sadik Yunusa Consistently investing with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of Mrs Julia Oswin as RECOMMENDED
@roselyn7649
Жыл бұрын
She definitely one of the best crypto experts you can rely on, the profits are secured and over a 100% return on investment directly sent to your wallet. I made over $20,000 with her recently
@WilliamSmith-cp6ss
Жыл бұрын
after watching so many KZread tutorial videos about trading I was still making losses until Julia Oswin started managing my investments now make $10,567 weekly. God bless Julia Oswin been a blessing to my family.
They never talk about how ponzis are huge money makers for initial investors. Seems like there is huge incentives for those in the know to get involved early.
"Conspiracy" charges means others were involved in the FRAUD. Arrest them.
Bankman-Fried was detained in the Bahamas on charges related to violating campaign finance laws related to the 2022 midterms.
Kevin Oreilly needs to be addressed too
Notice that if you steal enough, you’re a “titan” or “genius” instead of a thief.
When Buffett said he'll not buy the whole BTC for $20. The rockies said OHHHH this old school lablab lab and now what?
Wasn't there ever a financial audit of FTX
You gotta give it to him . When you do a fraud do it big! LOL
@businere
Жыл бұрын
Big and get 100 years in prison
@isay207
Жыл бұрын
Too bad he couldn't afford a haircut
He was able to do this because of the greed of people who were looking for a get rick quick ability. Bitcoin drove many people to crypto currency. Last I checked there were over 9,000 crypto currencies. many people want the over night quick buck and are willing to pay for the chance.
This is what greed and ego comes down to! He had all the opportunity to operate in a healthy way but that wasn’t enough for him. He wanted to make a name for himself up there with the big boys at the expense of peoples trust and money and this is what it comes down to.
I love the way he pretends he was so blissfully ignorant of how funds were being moved from the FTX platform to his Cryto trading firm. At least it gives us clue is to what type of defense he's going to play.
This is also going to be a major blow to all of the big companies that are currently partnered with FTX. Hopefully they start rounding up all of the people who’s hands he’s been greasing as well
@ishizukahikaru643
Жыл бұрын
GOOD! Its a lesson learned when you get into bed with woke leftists! Do business with dems is same as getting into a scam!
@norkshit
Жыл бұрын
if they got arrested then we wouldn’t have a government
@kazithecanecorso2724
Жыл бұрын
Biden will cover for them
@postatility9703
Жыл бұрын
@@norkshit That's a little oversimplification, Nick.Maybe there still some legitimate-if not perfect-government agencies such as the SEC that still perform their assigned functions. Or would you prefer the governmental models of China,Russia or any other authoritarian country?
So how is he paying his legal team? Did he really got arrested to be put in jail or to silence him?
@normancarter5419
Жыл бұрын
Oh, he is about to get EPSTEINED.
@kenamaro3942
Жыл бұрын
He was arrested just hours before he was to testify.....whan have you ever heard of a prosecution silencing a witness who was ready to talk???
A computer generated currency disappearing into the ether...big suprise.
Only eight charges? That's light. Very light.
Absolutely hilarious
He better leave a secret recording. His due date is close to the end. 😉
I'm surprised dude didn't take a vacation somewhere that doesn't work with interpol or the US and disappear before all this happened
@hotvegas2498
Жыл бұрын
He sounds too dumb to even think about doing that.
This is why you never keep your Crypto on any exchange, not your keys not your Crypto.
Yep, Bankman-Fried is now a friend bankman.
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.
@kendrickshaw8852
Жыл бұрын
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
@osaka1866
Жыл бұрын
Wow!! Kind of in shock, you mentioned Mrs. Arianna. She has proved beyond all doubt that it's worth generating wealth from crypto investment. I've been earning greatly.
@osaka1866
Жыл бұрын
I'm also a new subscriber of Mrs Arianna Simpson coaching program and I'm so excited took a positive turn by earning over $10k biweekly
@pablosmith1747
Жыл бұрын
Am still shocked and surprised how made 3 fold gain copying Arianna trade for just 3days🤭
@Dylan-baerber3486
Жыл бұрын
I'm very confident trading With Mrs Arianna because of the steady income she makes for me. She has never faltered
"I didn't do any risk assessment" SBF ....we should have known that's a lie once we found out that he drove a Toyota Corolla. Toyota: "let's go places"
Creating another source of income in these difficult times is the best thing to do. Not only does it guarantee returns, it also helps you plan and save for future expenses. It can be quite difficult to make an investment without sound knowledge or guidance, which is why it is advisable to work with an investment advisor.
@gabrielpaulo6817
Жыл бұрын
Please am new to this crypt0 trading what is the best way to start trading as I have be doing my personal research and I still don't know how to trade crypt0 with my binance advisor
@FredericoLisboa
Жыл бұрын
I thought i was the only one who doesn't understand Bitcoin ? Watching a documentary’s about it now and they might as well be talking Chinese.
@lovettjack3942
Жыл бұрын
I have been hearing about expert DorothyAnnHuntt and her genius mind in the crypt0 market please how do you earn such good amout?
@macdonaldwong4833
Жыл бұрын
I have also been trading with her, The profits are secured and over a 100% return on investment directly sent to your wallet.
@hwanbae7310
Жыл бұрын
@MicaelMoscavideLisboa @DorothyAnnHuntt
Strange that as soon as congress was about to grill him he gets arrested 🤔 I wonder if all his democrat buddies that he was so generous to had a hand in that
@wthwasthat8884
Жыл бұрын
He literally donated 32 million to republicans aswell. billionaires donate to both parties, thats why theyre billionaires.