🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
~~~~~
📺Essential Videos📺
FTX Hearing Summary 👉 https://youtu.be/4ZwKSH0PipY
Sam Bankman-Fried Charges 👉 https://youtu.be/RQhBb13IUDU
FTX Bankruptcy Explained 👉 https://youtu.be/AAnRXnfhmAY
~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
► Sam Bankman-Fried Full Testimony: https://www.forbes.com/sites/stevenehrlich/2022/12/13/exclusive-transcript-the-full-testimony-sbf-planned-to-give-to-congress/?sh=4477280e3c47
~~~~~
– TIMESTAMPS –
0:00 Intro
0:44 About Sam’s Testimony
3:42 What Happened To FTX And Alameda
5:27 What Went Wrong
8:18 Chapter 11 Bankruptcy
10:47 FTX Jurisdictions
13:01 Misstatements About FTX, Alameda
17:40 What Does It Mean For Crypto?
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#SBF #FTX #Crypto
28 Comments
Now that Sam has been granted bail, could we see him go back to Twitter spaces and another media apology tour 😫. Keen to get your thoughts! Don't forge to follow me on my other socials for all the content that you are missing here 👉 https://guy.coinbureau.com/socials/. You also need to check out my clips channel which has the shorter form content and livestreams https://www.youtube.com/@coinbureauclips
Took my money out of crypto for now and transferred it into Forex robots which are doing pretty well tbh. Just do your research. Find genuinely reviewed robots and then transfer back into crypto when things start perking up again.
There is a principle in justice called "lifting the corporate veil". That will put all entities in the same basket. Amanda fraudulent companies play such games: saving assets in one entity and celebrate bankruptcy in other entities on cost of the customers and suppliers.
His strongest argument will be: I sold shit but people bought it. You can argue that every altcoin is a shitcoin and does not entitle buyers to any value.
I think ETH is fully worthless. But people buy in to it. No fault committed here. People have a right to believe the earth is flat…
"" stable coin market is cut throat"? does that refer to the Luna Crash?
Who cares. Lost interest during pilot episode of days of our lives
Crypto is a city on the clouds and it's about to rain…
Interesting 🤔
How is John and his firm being paid? FTX customer's money??
Bitcoin to the prison!
It's interesting to hear he claims only he could help retrieve this money when he also claimed he had nothing to do with the transactions… you can't possibly be that instrumental yet be so cluelese all at the same time.
Is he a fall guy to take down crypto? Call me mad but it’s not outside the remit of the US government. You don’t need to feel sorry for Sam to question the official side. Sorry.
I love your videos in general. They are very informative. But for this one I stopped watching at 2 min because listening to anything the pathetic liar and criminal SBF says is damaging my brain cells. He should be in jail and judged based on things he did and we have evidence of. Anything he's saying is bullshit and is waste of oxigen for the rest of us.
This is why you don't see tweekers running fortune 500 companies.
You can’t « ask for [your] money back » when there’s no money involved, only fake « coins » and « tokens ».
Great analysis.
All digital coins are a farce
https://youtube.com/shorts/5q1ll9ktcYw?feature=share
Not your keys not your crypto
Sorry but I don't understand how a crypto expect like you left his crypto in the exchange instead of cold storage. Maybe there's another explanation?
Lawyers get paid first. I don’t think you’ll get any money back. I wouldn’t trust lawyers as far as I can piss into the wind.
This dude went around lying when he got caught, this is all a show for him. Nothing from him is believable at this point
Crypto investors and promoters fall into 2 categories: Criminals and Fools. That's saying something about this generation of youngish people whose uninhibited greed, self serving ignorance and absolute selfishness poses the greatest danger yet to the existence of our planet.
Why not Chapter 7?
11 is reorganization
This should b straightforward process, all of them will plead guilty ..
Telling people of living effective altruism and spending $100k a day in a $50 million mansion in the bahamas says it all. You can easily spot when this guy lies, he moves his lips.
Really appreciate the hard work you and your team are doing Guy! Thank you and hope you have a really awesome Christmas. x
I suggest looking at the transactions for when he was "aiding Ukraine". Track the money.
IF they pooled all the money together and paid out for the midterm and had a customer bank run at the same time–than let's just say that Ukraine was suppose to put 7 billion into FTX currency–pooled together with other customer money and paid out for the midterms BUT the money wasn't put in by Ukraine. So now the democrats are going to give Ukraine MORE money? If Ray finds customer missing money after Congress gives money to Ukraine–can we arrest Congress???? Why is it that Ray can't find any wallets in the US? The whole thing stinks of democrat crook money laundering and stealing from the taxpayers.
Excellent summary. Thank you.👍
If FTX US customers could’ve been made whole why weren’t they? Seems to me there’s no reason to suspend withdrawals unless you’re, ah, what’s the word? O yeah, bankrupt!