Close Menu
    Cryptocurrency

    "This Collapse Is Way Bigger Than SBF" | Chamath Palihapitiya Reacts to FTX



    The developing story of FTX and Sam Bankman-Fried is playing out like a Netflix documentary with each day being a new episode in real time. Crypto Twitter has alleged that Sam Bankman-Fried was on the run and tried to flee to South America. Others believed he tried to flee to Dubai. Cointelegraph reported that Bahamian authorities have Bankman-Fried and 2 other executives “under supervision.” Reuters reported that they reached out to SBF to ask him via text if he left the Bahamas. He said “Nope”. After lying to his followers continually on Twitter about anything pertinent to FTX, it would be very hard to imagine him answering “Yes, I’m on the run”. More and more high-level people are sharing their experiences with SBF and looking back for any red flags, and what they might have missed. Elon Musk took to Twitter to confirm a story about SBF investing $3 Billion into Twitter. Elon said that SBF set off his BS detector. As a guest on the All-In podcast, Brian Armstrong also suggested something was off when he compared Coinbase’s revenues to that of FTX but for whatever reason, SBF had substantially more cash for donations, corporate buyouts, etc.. being heralded in the media as the ‘White Knight’ of Crypto. In his all-in podcast, Chamath Palihapitiya also shared his own experience with Bankman-Fried, but instead of focusing on SBF, Chamath went deeper into the subject and believes there’s a systemic issue at hand that needs to be dealt with immediately.

    Chamath Palihapitiya is a Sri Lankan-born Canadian and American venture capitalist, engineer, SPAC sponsor, founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011. Following his departure from Facebook, Palihapitiya started his fund, The Social+Capital Partnership, through which he invested in several companies, including Yammer and Slack. He is a co-host of technology podcast All In. Chamath has an estimated net worth of around US$1.2 billion, ranking him 2,378th in the Forbes list of Billionaires 2021.
    ———————————————–
    ► To watch the full interview:

    🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel.

    “This Is Collapse Way Bigger Than SBF” | Chamath Palihapitiya Reacts to FTX

    View 35 Comments

    35 Comments

    1. dbsti 300 on

      You folks do realize the Democrat party managed to actually use these funds to pay for political campaigns, right? Liberals are so fucking naive and stupid. I hope you lost your asses on this deal and keep doing it over and over so those top 5 globalists in charge of the world can find more ways to pilfer and scam more from the regular people. No telling what these paid shills was getting paid to promote this.

    13. Fleadog Green on

      I can’t believe people in say they’re 50’ and above trusted a bunch of kids in their 20’ with their money … a lot of money lol
      Da frick , I still remember what I cared about in my 20’, and that’s all I really cared about lol

    14. Fleadog Green on

      Ok instead of having these brainiacs go to jail, why not have them teach in public schools in the day time and report to a easy type of jail at night, like a boot camp, they are so young , lettem teach these youngsters

    16. Nathaniel Locke on

      People rarely talk about the mindset, internal strategy and emotional perseverance that is involved with financial freedom. It's something I feel like we struggle with as humans because how fast our life moves which makes it so important to be reminded that if we get our mind right and set a goal we can achieve. I own 3 rental properties, I started my own business and my net worth increased by $830,000 in 4 years

    17. ThomasConover on

      Sam Bankman Fried reminds me of that guy who stole from North Korea and expected to get away with it alive. 60 billion dollar gone. SBF pissed off many big dragons. It’s going to be entertaining to watch how he will survive this.

    20. Octopus Brother on

      The most evil thing is the media. I bough a $10000 of Safemoon token after I saw ads from Times Square big screen and read an article from WSJ. Now it worth less than $300. They claim having 4 million holders and pump it everyday on twitter now.

    21. Juan Reese on

      Chamath questioning someone’s integrity is like the pot calling the kettle black. I’m sure he didn’t make his billion on irreproachable grounds

    25. CSKIM on

      Chamath is one of them pretending to be an outsider… just look at all his SPAC projects. Dumped all his shares to unsuspecting to retail investors.

    28. T Ranger on

      I hope the government regulators do their ,,,,job,,,,their best coughing to recover investor's monies back from stx.

      Bull crap. You clowns let your greed get the best of you and lost a lot of money. No sympathy I could care less if you end up on the street homeless and naked this winter. Cry us a river.

      Now they want some regulations….

      Keyword SOME

    29. Seth Miller on

      Surprisingly excellent video. I had a very different impression of Chamath — but hearing him give his opinions and comments of the money he lost was great to hear. Very different from other stories Ive read. I appreciate the candor. Thanks for sharing!

    31. Han on

      I am glad this happened. For the last 6 to 7 years, cryto makes every investor who stay away from it looked like idiots. Now it is the time to look at idiots loose a lot of money.

    32. Crypto Prepper on

      there is no issue with using good cryptos and tokens as collateral because its worth money. The dollar itself is also a joke and its used for collateral, the dollar is also a token that is always printed to enrich the super wealthy jewish banks. The issue is that sam is a top level democrat scammer who stole users funds and gambled with it. The problem is as simple as that.

    33. Xpeng Fangirl on

      Russia and China thank the westerners for being bold and brave coins, so we can just download the $$, unregulated, decentralized is true freedom, and the USA found it

    Leave A Reply
    Share via