The FTX Disaster is Deeper Than you Think

39 Comments

1. Guaranteed this whole story will be made into a movie one day.

2. My curiosity is who was the brain child behind this heist.?? It had to be ONE MAN.!!! Hope someone can trace the spiderweb and expose it all.

3. So if he lost 16b — who just became 16b richer.. it can't just disappear. Goes from one wallet to another. And then gets dump with a mass sale! Follow the transaction and find out who really won from our money
   Now Digital surge is following? Who's next will be under attack from them? Binance?

4. They donated 5 to Biden that's shouldve been a huge red flag 🤦

5. You said Sam created a cryto currency and made it's value out of thin air. Well yeah, that is what every crypto currency is – imagined value fabricated out of thin air. Crypto has NO tangible value. They are all ponzi schemes wherein the last ones to get out lose everything.

6. Youth, Liberalism and finance never work. I’ve always thought of crypto currency as Monopoly money. It’s just made up

7. Sam "Bankman"-"Freed". That should have set off red flags like Bernie "Madeoff". If you fell for this scam you don't deserve to have money.

8. Sam Bankman Fried should change his name to Sam Bankman FRAUD and turn himself in

9. Thank you! I believe that these gentlemen do the same thing that the governments do in Argentina. They lose or steal the money that they should invest and print money without backing from the central bank… 100% annual inflation result. And the bankrupt country.

10. No he laundered billions

11. Gary gensler needs to be investigated right away along with Sam’s parents

12. This channel is one of the best, if not the best, in highlighting white collar crimes. It's insightful with depth of details, concise in delivery and just the right length. Like.

13. I like how this video keeps asserting there was no oversight like at wall street, i thought this was the very idea of crypto no government oversight tax free money

14. When a friend asked me why I didn't invest in Bitcoin, some years ago, my reply was …." anything that can be created by a computer can be destroyed by a computer " That's it.

15. People living in the digital world are detached from reality and nature. They have no empathy, guilt or shame. After all, it's all digits for them. .

16. The way she laughs can we capture that and meme it thanks

17. Think about what Crypto essentially is. Nothing. Think about who it is you give your money to. A Nobody. People in the US are both obsessed with making money effortlessly and terribly naive at the same time.

18. if the feds turned their heads on this, they probably did also on the 3 other missing crypto guys and then took their money

19. the entire financial institution has always been an ongoing scam that started in Europe and was brought over the ocean and put into place by the Rockefellers Carnegie JPMorgan it does not like new players

20. A round of applaud for the great analysis and breakdown of personal perspective. I woke up to the sad news by FTX. The market circumstances are driving me insane, my portfolio has lost almost $18500 this month alone, my earnings are tanking, and I can't see how my retirement will go smoothly when I can't even increase my stagnating reserve. I wonder whether those who lived through the 2008 crash had it

21. That moneys hidden in some of his jewish buddies account for distribution to his family in the future

22. corrupt american gov. will use him as aprop. so nobody is looking at what really is going on. with the democratic party & ALL THE CORRUPTION with hunter Biden & other things as well.. it will all be shadowed by this right here

23. Buncha junkie nerds lmao

24. I think his first meal in jail should be a thick juicy T-bone steak! 😅

25. He stole 16 Billion.

26. Sam was NEVER worth 26 billion, it was other peoples money all along!!

27. he managed to do all this, get the investment and all the rest because he is a long nosed beady eyed jedi.

28. It’s interesting how these scammers are being referred to as a “bunch of kids” mind you, everyone involved with this scam are in their 30s.

29. not only 16 billion,,he also lost his freedom for life

30. Ooooo its even bigger that just this…. the biden administration sent billions of dollars to Ukraine using fxt and they cant account for most of it and that was b4 fxt went bankrupt… shits getting real..

31. SBF has officially been Maxwelled! Will he be Epsteined?
    Given he knows where the money went it ain't looking good for the kid.

32. I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

33. What if Sam cuts a deal with the Bahamian President that places him under arrest, but allows him to stay in his multi-million dollar penthouse for as long as he likes – the rest of his life maybe? There is no extradition treaty between the US and the Bahamas.

34. Looking at how frequently the smart guys screw up so big, I have lost trust in the financial markets. These same smart people bought up large number of single family homes in the last few years, that's the next big downfall that is coming in the next couple of years. Absolute devastation of real estate market.

35. What about the early news reports that the US government sent money to Ukraine through FTX as Crypto, where it was converted to dollars and kicked back to FTX for use as campaign contributions for Democrats? If that claim is true, US taxpayer money was illegally laundered for use as Democrat campaign contributions. Has that been verified? For obvious reasons, Democrats wouldn't want that story investigated. Is someone in Washington suppressing media coverage of the fact?

36. I hope everyone realizes what affect this has on everyone! Whether you invested in the smoke and mirror Cryto or not. Many of these company’s are in many peoples savings whether completely visible or not. We will see if there is any justice left in the world. This goes deep into government corruption and influence peddling. They were clearly blatant crooks and you still have people talking like “is he guilty” trying to expedite? Just think of the tax payer funds alone that disappeared in Ukraine. Wonder why the are needing billions more! Let’s see if we get a real government investigation on these crooks at all levels.

37. Sounds like the movie Boiler Room to me

38. Did Tom Brady and his wife invest $650m in FTX?

39. C.Z not C.ZED 🤦‍♂️

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