These are my thoughts on what's happening with FTX.
So I've been waiting to talk about this since the situation seems to be changing every few minutes. But as some of you may have seen, Ftxus has been a sponsor here on the channel for the majority of the Year their International counterpart. However, Ftx.com has recently faced liquidity issues, disabled withdrawals and because of that, I'm worried about the potential impact to FTX Us. I Think it's pretty safe to say as a result of that I'm no longer working with them. Fortunately, as of right now, FTX Us maintains that they're a separate entity from Ftx.com They're fully backed one-to-one and they're operating normally. In fact, you're still able to buy, sell, and withdrawal as usual, although with everything going on, I'm not sure how much longer that's going to last. so if you hold anything on Ftxus, you could still take it out and transfer it to an external wallet or wherever else you please without any issue. Now I really hope that I'm preemptively jumping the gun that Ftxus is fully backed as they say that there's not going to be any issue and everything will continue operating normally. I would love to be proven wrong. Be overly cautious and say all of this for nothing but I'd rather be overly cautious to remind people to move their money off of The Exchange especially during a time where everything is still functioning. Of course, this just comes as a huge shock because I've always been completely transparent about everything I do here on the channel and everything involving personal finance. So I feel like I owe it to you to explain the situation, what's going on? As much as I trusted the information that I was given I was wrong and I'm sorry I trusted them. but in the end their parent company was not forthcoming with all of the risks. this being one of them, this type of behavior is not something that I ever would have expected. but if Ftxus is at risk I don't want anyone to get screwed like I said. Thankfully, all funds at Ftxus are not impacted and I pray it stays that way I know just as much as you do at this point. So after watching everything transpire outside of the US with Fdx.com I wanted to give you my full thoughts so that you're up to date and again I do my best to research and vet everything that comes my way and this one I did not see coming I've also personally used them as an exchange because of how trusted they were in the industry. I saw that they were back by really big investors like BlackRock Tiger Global and Sequoia Capital So I didn't think this was ever a possibility of ever happening. but here we are. Everybody who watches the channel means the world to me and I would not be here without you. So thank you so much for hearing this out and I really hope this is all for nothing.
The only safest way is Ledger with Bitcoin 70% and 30% Etherium. ( Too many Scamhopiums in unregulated sector .)
Thanks for always being so honest and upfront with your viewers. It sets you apart.
Full transparency would be telling how much they paid you to advertise and how much if anything, you had on the exchange.
However, MeetKevin did see it coming. That’s why we sold on January and have not gone back.
I'm hearing rumors that black rock is about to become insolvent
Meet Kevin should do the same thing
Thanks for not shilling us another product like Andre, during these tough times.
I would move the money now there are some transactions on ftx us wallet that seems to move money from ftx us to ftx
Wasn't a fan seeing you introduce sponsorships to your format. Their irresponsibility puts a bad reflection on your channel. Hopefully everyone that invested is able to take custody of their assets.
Have you being shadow ban?
You are the only one who apologized. Your other you tuber friends, didn’t say a word. Thank you Gram
Thanks for your statement and your transparency. Keep it up!
How much did they pay you??? You never did your research?? Why be greedy when you definitely knew all along
Wtf boy talking about it’s all gone tf
I hope that this isn't a bank run — but you should probably take your money out and create a bank run.
I’m not sayin…. But…. Blackrock should have been your first clue in which direction this was going to take. You should have “ran” from it, not used Blackrock as “confirmation” of “credibility”…
Don’t beat yourself up for taking them as a sponsor, no one saw this coming
Stop taking sponsorships from any project or exchange your asking for trouble. Stay independent
Hope you got paid your commissions from all the referrals you sent their way
I've lost everything 😭
This guy always spread bullshit. I always watch his video while taking a leak haha
Told ya, SBF was evil.
Graham, you have earned respect from your audience by working hard and long providing us with good information. You should not devalue your words by promoting these companies. You have to be more carefull as your words carry a lot of weight with your audience and you have a responsibility. While i like to hear what you say, words are just words and i believe our trust in you is worth more than earning a quick buck. Btw, did you invest anything with FTX?
You shilled a lot more than FTX.
You YOURUBERS should carry out a lot of due diligence before promoting ponzi schemes here to fool common folks..SHAME on you and the likes of you who promote whoever pays them the highest👎
Insert South Park “Aaaaaaaand it’s gone” meme here
very CARELESS and INCONSIDERATE of you to have promoted scam company FTX throughout the year. Money-hungry youtubers like you should be taken to court too 👎
Bruhhhhhhhhhhh capping different entities cap
Criptocrap
Richard heart warned everybody
Crypto was Invented to REMOVE middleman, we have Defi for a reason. Stop sucking middle men D
Thx
you are part of this problem. you sold out to ftx and got paid to help scam your viewers. everyone knew sbf was a fraud if you knew that you absolute scum if you claim you didnt know (which i find hard to believe) you are an idiot that no one should be listening to. i hope you get arrested for promoting a ponzi scheme