In case you haven't heard, FTX had a major collapse that shook up the entire crypto industry. Let me tell you about it.
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0:34 What Happened
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7:43 What About Crypto.com?
10:00 How to Protect Yourself
13:55 Sam Bankman-Fraud
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17:35 Outro
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0:34 What Happened
6:56 Current Events
7:43 What About Crypto.com?
10:00 How to Protect Yourself
13:55 Sam Bankman-Fraud
16:48 My Thoughts
17:35 Outro
My Essential Crypto Security Bundle
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So the story behind FTX is one of the craziest involved. Here's what you need to know. This all starts back with Alameda research who is also partly owned by Sam Bankman freed according to a source for the Wall Street Journal Alameda needed Capital earlier this year. so FTX lent out a large sum of customer funds to them.
Now the problem is that Ftx's term of service stated they would never do anything like this and to add to that Alameda held a large amount of Ftt which is a native token of FTX and made the two firms way too interconnected. So all of this began when Ftx's balance sheet was published in a coindesk article and CZ of Binance decided to sell a large amount of the Ftt tokens after offering them a deal CZ and Binance realized just how bad their finances really were, so they backed out of their deal. This left scam bankrupt fraud with no other choice but to file for bankruptcy.
Give that a dude a haircut
SBF should be locked up for a long time if the NY judge and jury do the right thing!
Got j3wed
…wait till Lake Mead dries up…
Some bankman is fried.
This is what happens when there's no oversight and government regulations….too much power ends up total corruption
They vote Blue
US government orchestrated, to deliberately smudge the crypto market, and rob it simultaneously .
Well CZ made it in purpose , somehow he’s involved in that large scheme and should be held accountable
Wow crazy bro
When you place power and money in the hands of the WEAK..
I herd sbf owns 50% of Almeada
She looks like a Villain
How are they creating tokens for tesla, gamestop and amc would be backed 1v1 stock. They were never really backed by the companies stocks. Now, which market makers are in this fraud from Wall St.
When money laundering goes worse than…
Allie’s robbed goyim. Again.
❤
What is a GPU ffs
Berni Madoff place is vacant
I purchased $500 AOR22T I am on the train too
If you want to do one thing right this year you have to check AOR22T
If the inflation and recession is real you need to decide which to hold and I think AOR22T does better
Smartest campaign ever that AOR22T
now t’s snap into AOR22T
Let's discuss the AOR22T guys. This is failproof and barely any asset can be labelled "failproof" at all.
The recent announcement is just crazy check AOR22T