Today I Want to talk about how simple there are currently Fallen foul of the exact same problem that brought down FTX However, the downfall Have said that will be 10 times worse for the overall market and will obviously cause the anti-squeeze during their liquidation. So stay tuned. let's make some money. and now I'm going to dive straight in with the information. So this post on Reddit says is Citadel the next to fail Citadel has 65 billion dollars in security sold not yet purchased the exact same thing that's taking down FTX Now I want to give a brief overview of exactly what's been uncovered at FTX and how this actually relates to Citadel Bitcoin Archive tweet is saying FDX held zero Bitcoin Therefore, they were selling fake Bitcoin or selling Bitcoin they did not own and this is why he's suggesting to take your Bitcoin off exchanges especially if these exchanges are allowed to sell your Bitcoin that they don't even own Frank Soddy Tweeted saying that FTX had 1.4 billion dollars in Bitcoin liabilities which is around 80 000 Bitcoin but they didn't own a single bit coin I Think to be specific, they held one or two Bitcoins in their assets a value of save thirty thousand dollars. So they had around 1.4 billion dollars in Bitcoin liabilities but only had around thirty thousand dollars in Bitcoin assets. Therefore, they'd sold around 1.4 billion dollars worth of bitcoin. They didn't even own. The exact figure that's just being uncovered is the FDX hold crypto worth just 659 000. But somehow they'd sold around 13 billion dollars worth of crypto. Therefore, they'd taken 13 billion dollars worth of customer deposits and used those deposits or sold those assets without the customer permission. and now they've got nothing left. They were quite literally doing the exact same thing Citadel is doing right now, which is selling assets they don't own or upsetting Securities that they haven't purchased As Hang Loose tweeted, he said: Sandbank and Freed sells billions in assets that don't actually exist or they don't actually own. but World Banks are saying hold my B here These market makers major Banks and giant institutions have trillions of dollars in Securities that have been sold and not yet purchased or assets they've sold but never owned Here we have JPMorgan Chase with around 60 billion dollars worth of security sold, not yet purchased. On the next page, we've got Goldman Sachs with 79 billion. Obviously, on the next few pages we've got Citigroup with 37, nearly 30 billion dollars worth of assets sold, not yet purchased. We've also got Morgan Stanley with 48 billion. On top of all of that, and Hang Loose tweeted saying the sale of these fake assets that do not exist has injected more than a trillion dollars into these Banks Ultimately, it's money they've kept and used for their business operations instead of paying for the obligation of what they sold. And he said, understand that not only is this undermined and diluted the issued shares of thousands of U.S companies, but it's affording these Banks the ability to use this Surplus counterfeit cash against retail investors by pushing their now even bigger chip Stacks around around the market to manipulate prices. He said it's a fundamental problem because when we invest, they're selling us our use and using our money to drive these very companies into bankruptcy. so they never have to satisfy those Ious and they can keep all of the money without even paying tax. And on the flip side, while these joint institutions make all of this money and never pay any tax, the shares we hold become worthless and our money is gone. The reason why these institutions get away with this legally and don't actually ever pay taxes because they never close out of their obligations and never complete the actual transaction. They just keep all of the money. And he said this is outright Global Fraud effectively increasing the separation of wealth, driving more and more families into poverty. He said, we need to raise awareness about this. Please pass this knowledge on. He's also added another nine sets of financial statements from these giant financial institutions with assets sold not yet purchased. Also ranging in the billion, there's 70 billion here, but another 47 billion there, and billions and billions of dollars on top of that. So we can see that actually. Sam Bankman Freed selling 13 billion dollars or 30 billion dollars worth of assets he never actually owned. It's actually very, very small fry compared to Citadel and some of these major institutions. Sam Backman Freed selling these assets that he never owned is exactly what brought on the downfall of FTX and the downfall of Citadel and other major institutions will be 10 times worse. Now, many of you are aware of just how poorly the stock market is performing this year and the Crypto Market too, especially after the Fds collapse. And that's why we need to diversify our investments into other asset classes like R. Over the last 26 years, contemporary art has outpaced the S P 500 with an annualized growth rate of 13.8 percent per year compared to only 10.2 percent in stocks. Masterworks helps to make investing in art attainable for regular people like you. and I not just for the super rich, as you can invest into small portions of each individual painting. And the best part is the Masterworks even does all of the hard work. They find the best artists, They find the best paintings, and they buy and securely store these paintings ready for investment. And this is why today I've partnered with Masterworks. Just two weeks ago, they sold a painting for an annualized net return of 17.8 percent in October. Before that, they sold another painting with an annualized net return of 21.5 percent. Both of these have been sold during the 2022 market crash and this High inflationary period when everything seems to be collapsing. Masterworks is also continually adding new art pieces to the platform for investment due to high demand. They've even sold out in minutes before. But with my help, you can beat the sign up waiting list by using the link in the description below. And on top of that, Ken Griffin In Citadel and some of the other market makers are actually doubling down their risk, increasing their risk and their exposed closure even further. Felix Tweet is saying today, we must concentrate efforts to expose The Dtcc Citadel and Virtue's new connection. He said the Dtcc Citadel and Virtue are running a scam 200 times bigger than Sam Bachmann Freed he said dark Pool fraud and millions of Ftds will be revealed, making sandbankment free look like a flea in comparison. if you don't yet know what Felix is talking about. 741 Trey Explained it perfectly. He said Charles Schwab Fidelity and Citadel have just launched their Edxm Cryptocurrency Exchange, which plans to internalize trades their Partners include Sequoia Capital Paradigm and of course Virtue. He said ladies and gentlemen to summarize it and dumb it down: I Introduce to you your first crypto, dog pool and the gang is all here. The press release says this new Edxm exchange will deliver better prices for investors than those offered by existing cryptocurrency exchanges by creating a highly liquid cryptocurrency ecosystem that Aggregates liquidity from multiple market makers to reduce spreads and improve transparency. and he says does that sound familiar because it's the exact same thing that Dark Pools do as well. It says the Edxm will remove conflicts of interest that affect existing cryptocurrency exchanges by separating responsibility of operating The Exchange from the entities trading on it. Basically, they're creating a Marketplace for different exchanges to trade in secret away from our Prime eyes. Now, obviously, this Edxm exchange doesn't impact AMC directly as it impacts crypto, but it's just exposing Citadel and virtue in the other market makers to even more risk. It effectively means that when all of this blows up, it will blow up twice as bad as I Said that I will have even more money exposed to these illegal crimes. Frankness has also published an article saying that Citadel plans to launch a crypto exchange of the FDX collapse. It says the Edxm's custody and wallet technology is being provided by crypto custody and infrastructure company Paxos Paxos, which is a custodian regulated in. New York holds customer accounts in a fully segregated account now I Wonder why I've heard that before? We know these fully segregated accounts are likely not fully segregated at all and it's likely the money in these customer accounts is being used or sold without the customer's permission and it says its customers include PayPal Broker dealers such as Interactive Brokers and others such as New Bank and Mastercards I also have a very interesting video coming tomorrow on interactive Brokers as I believe they're the ones responsible for creating the FTX tokenized Securities Interactive Brokers worked very closely with CM Equity and FTX to ensure these AMC tokenized Securities were fully backed one-to-one with AMC shares. But as I said, that's a video for tomorrow, which is going to be a very interesting video. so I urge you not to miss out. Now, to add to the worry, we've also got unusual oils tweeting that Robin Hood is saying that all customer assets are completely segregated from any firm activity I Think the fact that Robin Hood actually has to say that assets are segregated away from everything else clearly just goes to show that Robin Hood is not trustworthy and it's likely those assets are not segregated at all. The comments were obviously run amok with memes, as nobody else believes that Robin Hood does actually segregate customer cash. and therefore, it's likely that if you are holding any cash or any shares on Robin Hood, it's likely the shares aren't your shares at all and they've likely already sold them or lent them out without your permission. Again, as I said in my video yesterday, I urge you if you are still using Robin Hood move your shares to a different, more reliable broker like MooMoo for example. Obviously guys, I have got my link to MooMoo down in the description below. so be sure to sign up to MooMoo to get all of those free shares and a trustworthy broker that isn't affiliated with Citadel any of the mainstream Media or any of those large hedge funds. But guys, be sure to let me know what you think down in the comment below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I've got a new video. Cheers.