FTX investor Evan Luthra unpacks the FTX collapse after former CEO Sam Bankman-Fried filed for bankruptcy. He discusses what this means for the future of cryptocurrency.
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37 Comments
In the financial world there is practice of "Claw Back" when a company like FTX is found to have misused investor funds. The receivers of political donation from FTX and or Bankman-Fried will have return these funds, any and all assets will be seized and sold. It's a long process ahead for the appointed bankruptcy executor. The investors are in for a long wait with minimal returns.
democrats are vile douchebags
The lesson is to keep politicians greedy hands as far away from crypto as possible.
FUNNY HOW A HUGE PART OF THIS MONEY WENT TO THE DEMOCRATIC PARTY! WTFU PEOPLE…………………………………..
Crypto has always been against Conservatives and Republicans, now that we have the House we need to Ban Crypto.
REGULATE THE US GOVERNMENT and Representatives!!!
Greed. Not following the basics of investing. Like a "pie in the sky" penny stock that is supposed to GO TO THE MOON very few make it and fundamental investors avoid them as there is no compliance or oversight. These people were scammed. It's a huge risk no guarantees. You might get pennies on the dollar back.
My greatest happiness is the $28,000 weekly profit I get consistently
I wouldn’t buy all of it for $20USD
He painted a bullseye on his head bankman has a bullet with his name on It now.. and anybody that helped him will be getting one too
Actually, when someone is good at what he/she does, their good work will surely speak, Mr Robert noah is really a top notch in trading, you can try him out
Russian news reporting large fire outside of St Petersburg.
Petro pipeline explosion.
Russian pipelines are having problems.
💚
Going to Heaven is easy!
We have all sinned and therefore need to be saved from hell. Believe that Jesus Christ is God and that he died for your sins, was buried, and rose again to have your sins forgiven. Salvation is by faith alone in Christ alone without any of our good works.
Do you believe that you are saved by grace and promised heaven because Jesus died for you?
Yes_ No_.
“Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost” Titus 3:5
this guys, father and connections in the financial market, bolstered his credibility. I think his dad needs to participate in bankruptcy and be held responsible alone with the celebs, and his son. Because somebody goes to MIT or any other Ivy League institution does not make them honest and say if anything it makes them more like influence Pedalers showing off their credentials and conning people into believing in them. Isn’t this what Madoff did except he was an older guy?
When it sounds too good to be true then beware.
"There's a sucker born every minute".
PT Barnum
A guy who shows himself like an idiot deserve to lose money like an idiot…
Nice shirt by the way… or not
I will start caring these guys when they start producing anything of real, tangible value
Not for bitcoin holders
File claim against ucrainian Bank that was involved
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $7,000 investment every 12days
This all ties into the Ukraine and Biden laundering tax money through it.
It's a big lesson to wanabe crypto investors who don't properly trade, buy and store there crypto. I haven't lost any money in the crypto market and invest with common sense. Nothing but gains! Use a hard wallet or cold wallet scrubs!
I wonder where all the money went to
If someone accepts a stolen car and tries to tag it, the car goes back to the rightful owner. The guy who accepted the stolen car is up a creek without a paddle and may end up in legal trouble. Same should apply here. These people accepting large sums of money should be doing due diligence on the funds they are accepting and the people they are accepting from. If SBF was stealing directly from a traditional bank and handing it over to someone else, you can be assured the traditional bank would have legal authority to go after the end recipient for accepting stolen goods.
This was not a crypto issue……. its a centralized criminal issue. This is why Defi exchanges will ways better than any centralized exchange.
All the boomers celebrate their -.5% ytd gold returns.
why do the democrats feel its ok to give the money to charity. its not their money.
This was not an accident
2 million to that guy is a drop in the bucket.
Yeah I told all my friends stay away from crypto seems to good to be true. For most part they are. I’ll stay with my gold silver platinum copper collectors items.
Cyto was designed to undermine the American dollar.
This whole FTX situation is teaching a great lesson to people since it shows them exactly how central banks work worldwide.
This whole thing is a set up, like Covid manufacturing chaos for their greater good of the Great reset and federal banking system 👁
fow is FTX worse or better than the Federal Reserve and fractional reserve banking and fiat? coz 1s and 0s are more tangible? LOL
this guy 'evan luthra' is a PHD of crypto. he is also a scammer.
I am glad to be Canadian and to have Bitbuy. First country to have a regulated and audited platform. We have a limited amount of tokens (25) but they are the 'most safer' tokens. Of course we never know. Still crazy that no platforms are regulated in the US and that one man can steal billions.
Russia 24 showed Vladimir (or double) with his security council 1st time since start of war. Left his Fuhrerbunker to show that he is in control.
Russian Oligarchs are murdering each other to be the next in line for president of Russia.
Vladimir's demise is inevitable.
The right minister just has to get close.