Exposing Tether - Bitcoin's Biggest Secret

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  • เผยแพร่เมื่อ 24 พ.ย. 2024

ความคิดเห็น • 9K

  • @skrinix
    @skrinix 3 ปีที่แล้ว +11884

    dude i’m scared of getting a speeding ticket. how the hell do people just commit multi-billion dollar fraud like it’s a career choice you learn about in high school? insane.

    • @rpfoxw
      @rpfoxw 3 ปีที่แล้ว +1638

      Step 1: Be a sociopath

    • @gamercod3520
      @gamercod3520 3 ปีที่แล้ว +528

      @@rpfoxw Ok step 2??

    • @DJVARAO
      @DJVARAO 3 ปีที่แล้ว +40

      Because they can?

    • @DJVARAO
      @DJVARAO 3 ปีที่แล้ว +384

      @@gamercod3520 Step 2: start scamming as if there is no tomorrow.

    • @nicomal
      @nicomal 3 ปีที่แล้ว +71

      Something wrong with their brains…. Or ducks

  • @eggmon420
    @eggmon420 ปีที่แล้ว +5431

    “Hey what happened to your auditor?”
    “Oh we fired him because he was doing his job a bit *TOO* well.”

    • @zoereed6539
      @zoereed6539 ปีที่แล้ว +129

      You know when they be firing there auditor that it’s all over.

    • @fiveoneecho
      @fiveoneecho ปีที่แล้ว +61

      "I have fired the horsecatcher"

    • @bro6568
      @bro6568 ปีที่แล้ว

      You know I couldn’t care less if Tether blows up but the government or any real world bank just better not bail them out. That probably will happen seeing what happened in 2008…..

    • @galil_6863
      @galil_6863 ปีที่แล้ว +55

      "because he wasn't in on it"

    • @anthonyvita886
      @anthonyvita886 ปีที่แล้ว +73

      "He wouldn't take the bribes to half-ass his job"

  • @aaronmarko
    @aaronmarko 3 ปีที่แล้ว +3688

    THIS is the kind of journalism crypto needs more of. There's too many people uncritical of what's happening in the crypto space and it's just going to lead to more fraud.

    • @mrmercedes745
      @mrmercedes745 3 ปีที่แล้ว +78

      That’s true, although I do admit the “China banned Bitcoin” FUD has definitely been overused since 2013, I wish sugarcoating that crypto is “going to the moon” would stop too

    • @grutopsy
      @grutopsy 3 ปีที่แล้ว +41

      finally someone tackled tether, the brrrrrrrrrrr machine behind the last huge BTC rally

    • @sensational136
      @sensational136 3 ปีที่แล้ว +7

      You have no idea about crypto. Stay poor, I like that.

    • @grutopsy
      @grutopsy 3 ปีที่แล้ว +74

      @@sensational136 looool have fun being in a cult.
      few will understand, right?

    • @cgarett1071
      @cgarett1071 3 ปีที่แล้ว +3

      @@grutopsy How so?

  • @haxney
    @haxney 2 ปีที่แล้ว +1057

    As Peter Zeihan once said, "not all cryptocurrency is a scam, some of it is just a pyramid scheme."

    • @cwill2127
      @cwill2127 5 หลายเดือนก่อน +7

      Tomato tomatoe

    • @big_dawg6985
      @big_dawg6985 5 หลายเดือนก่อน +9

      I don’t think you understand what a pyramid scheme is

    • @cryptoholica72
      @cryptoholica72 3 หลายเดือนก่อน +3

      Clueless.

    • @cwill2127
      @cwill2127 3 หลายเดือนก่อน +7

      @@cryptoholica72 lmao crypto bro cry harder pls

    • @CarlVallory
      @CarlVallory หลายเดือนก่อน

      USD after 1971 is also a fraud like USDT. And no one is crying about it.

  • @CalvinLangatMMA
    @CalvinLangatMMA 3 ปีที่แล้ว +4097

    Stay safe brother. You’re shaking some huge tables and you’re a real journalist in my books. Stay safe ❤️

    • @changedname_8970
      @changedname_8970 3 ปีที่แล้ว +78

      Tether Untethered

    • @tangol8170
      @tangol8170 3 ปีที่แล้ว +169

      Real journalist is a massive complement and a hard find nowadays and I couldn't agree more

    • @zyrrhos
      @zyrrhos 3 ปีที่แล้ว +42

      @@tangol8170 Aaron Maté. Glenn Greenwald. Chris Hedges. Matt Taibbi. A few others. They're out there, but they're few and far between. I know one thing, I wouldn't want to be on the wrong side of these shady Tether cats.

    • @mrfahrenheit2006
      @mrfahrenheit2006 3 ปีที่แล้ว +39

      True 99% of “journalists” are pure and utter scum nowadays

    • @siamsurf
      @siamsurf 3 ปีที่แล้ว +5

      Only replying to push this comment. :-)

  • @og_paulsack
    @og_paulsack 2 ปีที่แล้ว +1160

    I'm a teacher and I'm over here taking notes on how to create a comprehensive, understandable, and engaging presentation. Keep up the great work, financial literacy is huge.

    • @johnsmith-fz5pz
      @johnsmith-fz5pz 2 ปีที่แล้ว +22

      I think I looked at what tether was recently. I was like what is it. because someone said you can get it to buy crypto. so I looked. and I think I found the same. that it was backed by "nothing" "debt lent out to people as a gurentee" but who where those lendies. "who ever they deemed safe to them" I was like umm no this doesn't seem very good

    • @FlareStorms
      @FlareStorms 2 ปีที่แล้ว +38

      ...so today i learned that my old english teacher watches coffeezilla

    • @phenex5190
      @phenex5190 2 ปีที่แล้ว +9

      That's amazing! I bet your lectures/presentations have improved as a result! Must be a cool teacher to comment on a coffeezilla video

    • @CryptoIncursion
      @CryptoIncursion ปีที่แล้ว +6

      Coffeezilla is fantastic no doubt

  • @luckylanno
    @luckylanno 3 ปีที่แล้ว +4605

    Famous last words: "Crypto is decentralized, and free of the corruption of the central banking system"

    • @JamEngulfer
      @JamEngulfer 3 ปีที่แล้ว +886

      People didn’t want it to be free of corruption, they just wanted to be the corrupt ones.

    • @hamyncheese
      @hamyncheese 3 ปีที่แล้ว +260

      @@JamEngulfer Bingo! That is a universal truth

    • @kealeradecal6091
      @kealeradecal6091 3 ปีที่แล้ว +21

      Anything can be corrupted, its just that with crypto, you're anonymous, and government cannot cover your ass and put any fraudster to jail and fet your money back

    • @paulminshall8793
      @paulminshall8793 3 ปีที่แล้ว +8

      Free of oversight as well. I bet most of the dollars backing Tether are now in the personal bank accounts of the founders.

    • @tokertalk9648
      @tokertalk9648 3 ปีที่แล้ว +10

      It looks like they were funneling a lot of cash into the Chinese real estate market through tether. Its estimated 1/3 of their 'commercial paper' was Evergrande bonds which are being defaulted on! This ponzi is propping up the chinese economy by a thread right now. WHen they go, everything else will follow shortly after. Shit is gonna get ugly fast!!!

  • @polyvioscharalampous2460
    @polyvioscharalampous2460 ปีที่แล้ว +2165

    I'm honestly amazed that a year later, Tether is still around especially after all those crypto exchanges going under..

    • @klorell5319
      @klorell5319 ปีที่แล้ว +190

      Not only that, a year later the Tether in circulation are 66B so in that 1 year since the video was posted they issued another 4B Tether.

    • @tobywillard6971
      @tobywillard6971 ปีที่แล้ว +49

      winters not over yet

    • @mikev324
      @mikev324 ปีที่แล้ว +31

      @@klorell5319 If Tether is a scam, why aren't prosecutors looking into this? Will this just keep going?

    • @Arvl.
      @Arvl. ปีที่แล้ว +3

      So is it like good now?

    • @michiadams
      @michiadams ปีที่แล้ว +57

      @@Arvl. Nah, their moneyprinter is still at it

  • @jorgemiguel2641
    @jorgemiguel2641 3 ปีที่แล้ว +2771

    Ah yes... Shroedinger's money reserves: the money is both there and not at the same time, and if you try to confirm, you become broke

    • @Hailmaryy28
      @Hailmaryy28 3 ปีที่แล้ว +48

      Good one bro hahaha

    • @Faxy95
      @Faxy95 3 ปีที่แล้ว +39

      That's not even how you spell it but I'm not gonna be a grammar nazi cus that's funny lmao

    • @BlueBomberGamerOficial
      @BlueBomberGamerOficial 3 ปีที่แล้ว +54

      quantic money

    • @adeleke5140
      @adeleke5140 3 ปีที่แล้ว

      Lmaooo

    • @wealllikeitsomilkit4301
      @wealllikeitsomilkit4301 3 ปีที่แล้ว +9

      Men Id rather trust "Trust Me Bro" than these guys despite my Tethers

  • @MrX-nc8cm
    @MrX-nc8cm 3 ปีที่แล้ว +2696

    Im a crypto trader, this is not FUD, this is real journalism. Thanks to bring awearness to the subject. I hope Tether turns out to be legit, because is conserning that the whole crypto market liquidity is sitting on this time bomb.

    • @jbrickman6403
      @jbrickman6403 3 ปีที่แล้ว +177

      @Bignuke87 you're right, but the point is that it's the third largest crypto coin by market cap. What does that say about the rest of the market.
      Do not forget, Bernie Madoff did his scams just prior to the 2008 market crash.

    • @Vaultboy101
      @Vaultboy101 3 ปีที่แล้ว +49

      So what you're saying is, I should get in once Tether collapses?

    • @buttsauceable
      @buttsauceable 3 ปีที่แล้ว +119

      hope this fucking annihilates the crypto market.

    • @chethanmohan
      @chethanmohan 3 ปีที่แล้ว +3

      what measures are you taking to protect yourself?

    • @face1159
      @face1159 3 ปีที่แล้ว +6

      @@buttsauceable I doubt it

  • @Jungernaut
    @Jungernaut 3 ปีที่แล้ว +1766

    Production quality is out of the world 🔥🔥

    • @jam4448
      @jam4448 3 ปีที่แล้ว +4

      So... thoughts?

    • @josephsaji619
      @josephsaji619 3 ปีที่แล้ว +3

      So whats the thought junggy 🤓

    • @8thdayadventist911
      @8thdayadventist911 3 ปีที่แล้ว +9

      Not really. He made this video at home, not in space.

    • @foyoGames
      @foyoGames 3 ปีที่แล้ว +2

      Reminds me of Quinn's Ideas & Trollion

    • @jan_harald
      @jan_harald 3 ปีที่แล้ว +2

      well, the intro is kinda weird (at least when not regularly watching his videos) and fluidly merges into the video (basically requiring linking with a timestamp), other than that, yes, totally amazing

  • @kasperadamson4654
    @kasperadamson4654 2 ปีที่แล้ว +292

    The gentleman in the red shirt blew my mind. His like a top journalist. Where did he pulled all that information?! Must have taken months to dig out. Great job!

    • @cwill2127
      @cwill2127 5 หลายเดือนก่อน +29

      Yeah genuinely the most impressed I’ve been out of all his interviewees. And I’ve seen every video lol

  • @Ajaxx47
    @Ajaxx47 3 ปีที่แล้ว +397

    When he said “money’s there, can promise you that.” Literally sounded like he was lying lmao. I love crypto but man this is not good.

    • @smgg7191
      @smgg7191 3 ปีที่แล้ว +25

      But.... but we bank at the same bank

    • @FateYYZ
      @FateYYZ 3 ปีที่แล้ว +19

      "Dollar's all there"
      [x] DOUBT

    • @stevev1008
      @stevev1008 3 ปีที่แล้ว +9

      In a foreign voice too, I watch too many movies to know that's the evil guy

    • @justjacqueline2004
      @justjacqueline2004 3 ปีที่แล้ว +1

      "not good" ,love it. Me I am expressly avoiding the disaster coming soon.

    • @aj9969
      @aj9969 3 ปีที่แล้ว +2

      Did he do the pinky promise ?

  • @PBoyle
    @PBoyle 3 ปีที่แล้ว +3607

    Love the editing on this one. Great work!

    • @askmeanything8336
      @askmeanything8336 3 ปีที่แล้ว +16

      *You have no clue.* ✔

    • @asswhole4195
      @asswhole4195 3 ปีที่แล้ว +56

      Hey Patrick, would love to hear your take on Tether on your channel as well!!

    • @boyesjoe-joe5587
      @boyesjoe-joe5587 3 ปีที่แล้ว +7

      @@asswhole4195 yeah, that would be great

    • @fabrizi7362
      @fabrizi7362 3 ปีที่แล้ว +10

      Yeah, Pat. What do you think of tether. It will be a great video. Thanks👍

    • @slavenrasic2173
      @slavenrasic2173 3 ปีที่แล้ว +10

      Are you using bots on your own comments???

  • @DJ-wl5qo
    @DJ-wl5qo 3 ปีที่แล้ว +635

    “We’re firing our auditor because he knows too much.”
    Wut

    • @macsteezywayz4603
      @macsteezywayz4603 3 ปีที่แล้ว +73

      Because he was asking too many questions. Which is worse. It’s like trying to buy a house and the owner saying “well I tried to get the house inspected but the inspector was inspecting too much.”

    • @azrael7367
      @azrael7367 3 ปีที่แล้ว +41

      it's like being a food company and being like " we won't do a health inspection because the inspector is asking to much"

    • @ultraboombean
      @ultraboombean 3 ปีที่แล้ว +10

      Not fishy at all

  • @plexxarbiitch
    @plexxarbiitch ปีที่แล้ว +593

    The robot saying “it’s cringe” was way funnier than it should be

    • @tzvikrasner6073
      @tzvikrasner6073 ปีที่แล้ว +41

      Sticking to the "you're gonna need a lot more than one drink" bit throughout the intro, even deliberately botching the greeting *twice* was serious commitment to a joke

    • @csnipper524
      @csnipper524 ปีที่แล้ว +6

      At least i wasn't the only one

  • @Vexxed
    @Vexxed 3 ปีที่แล้ว +2959

    5 billion dollars in "assets" per employee. That says it all.

    • @murdey
      @murdey 3 ปีที่แล้ว +101

      Man it's wild to see you here. I miss your videos and hope you're well!

    • @hurdur6828
      @hurdur6828 3 ปีที่แล้ว +10

      @@murdey yeah

    • @digiflex8550
      @digiflex8550 3 ปีที่แล้ว +13

      Yeah wtf haven’t seen Vexxed in forever!

    • @digiflex8550
      @digiflex8550 3 ปีที่แล้ว +16

      From the old RuneScape days to North Korea

    • @mikechisholm
      @mikechisholm 3 ปีที่แล้ว +4

      When’s the next vid coming out lol

  • @MrDigitsu
    @MrDigitsu ปีที่แล้ว +810

    Bravo Coffeezilla. Bravo. From an OG who has been frustrated since 2017 trying to call out Tether. I'm glad an expose like this is finally coming out into mainstream social common knowledge.

    • @rvahi
      @rvahi ปีที่แล้ว +2

      Lol, the difference between tether and fed is?

    • @Unfezant33
      @Unfezant33 ปีที่แล้ว

      @@rvahi Fed's scam is more known than Tether's scam

    • @McKillins
      @McKillins ปีที่แล้ว

      @@rvahi the army, the government oversight, the elections, US influence on the rest of the world, GDP, actual physical goods instead of just niche internet stuff. The list goes on. Is it perfect? Of course not. But it also isn't propping up the rest of the world's currency on it's back like tether and has much more real reason to be believed or forced into

    • @mgtowveteran3234
      @mgtowveteran3234 ปีที่แล้ว +1

      Still not collapsing, lmfao. Missed the bottom, bobo.

    • @07kamichamakarin
      @07kamichamakarin ปีที่แล้ว +56

      @@mgtowveteran3234 A huge crypto company without an audited FS is still a red flag. Love how you switched to another language to mock this person. Either you're scared or being creative.

  • @narcoleptic-insomniac4663
    @narcoleptic-insomniac4663 3 ปีที่แล้ว +195

    Damn coffee this is the type of info that gets people disappeared. Thank you

    • @Dmartinez117
      @Dmartinez117 3 ปีที่แล้ว +10

      He and Jake Tran should start a youtube channel together

    • @est94
      @est94 3 ปีที่แล้ว +2

      Nah , if he was talking about regular banks yeah

    • @maximo6037
      @maximo6037 3 ปีที่แล้ว

      Which of the 13 guys is gonna do it lol

  • @syntaxmsi
    @syntaxmsi ปีที่แล้ว +1221

    This video isn't just an expose, it's art. Nice work!

    • @xehP
      @xehP ปีที่แล้ว +9

      100% art, this was posted a year ago, and tether is much stronger than before by 10%, why do you think that is?

    • @Miranox2
      @Miranox2 ปีที่แล้ว +47

      @@xehP FTX also looked really strong until it collapsed in a single day. It's called fraud.

    • @xehP
      @xehP ปีที่แล้ว +3

      @@Miranox2 funny how he didn’t make a video on FTT 💀

    • @BlueSquatchproductions
      @BlueSquatchproductions ปีที่แล้ว +3

      It's an NFT 😆 🤣

    • @CrafteyBucket
      @CrafteyBucket ปีที่แล้ว +6

      @@xehP Why wouldnt they? Do you think that proves something?

  • @prophetoverprofit
    @prophetoverprofit 3 ปีที่แล้ว +996

    I’m gonna get out ahead of this and say Coffeezilla didn’t kill himself.

    • @husseinmohamed4227
      @husseinmohamed4227 3 ปีที่แล้ว +11

      ^^^

    • @BarbershopReviews
      @BarbershopReviews 3 ปีที่แล้ว +54

      As long as he doesnt try to say the Clintons are involved....

    • @JFLAMEZ
      @JFLAMEZ 3 ปีที่แล้ว +3

      Oh damn!!!!!!!!!! Real T

    • @at6932
      @at6932 3 ปีที่แล้ว +9

      ill second this as a certified clairvoyant lol

    • @samdacosta4676
      @samdacosta4676 3 ปีที่แล้ว +15

      Neither did Epstein.

  • @KeithAdam
    @KeithAdam 3 ปีที่แล้ว +1643

    You make incredible videos.... the research, the editing, the narration...keep it up man. Love this channel

    • @mbands
      @mbands 3 ปีที่แล้ว +8

      Greetings my sapling

    • @Mario-qh2lr
      @Mario-qh2lr 3 ปีที่แล้ว +8

      My young sap

    • @myresonance8013
      @myresonance8013 3 ปีที่แล้ว

      Are you his room mate ?!?

    • @alimc1867
      @alimc1867 3 ปีที่แล้ว +1

      Bruh what, sneaker reseller watching anti scam TH-camrs?

    • @omedfazly
      @omedfazly 3 ปีที่แล้ว +1

      I always used to watch you when you only had 2 k subs bro, won many sneaker raffles bcs of u ❤️

  • @kuso3079
    @kuso3079 2 ปีที่แล้ว +1258

    This is damn scary. Having those type of characters behind tether is almost a guarantee something illegal is happening. Plus having a ceo saying I can’t show you but the money is there. I promise! That was chilling. Usually I try to keep it lite in the comments but there’s nothing to joke about in this piece. Good work Coffee. This type of information is priceless.

    • @kuso3079
      @kuso3079 2 ปีที่แล้ว +2

      @crassgop that's my bank!

    • @glennwatson3313
      @glennwatson3313 2 ปีที่แล้ว +19

      Well its kind of funny to me but then I keep my money in a coffee can buried in the back yard.

    • @stefanfrankel8157
      @stefanfrankel8157 2 ปีที่แล้ว

      That type or those types. Singular, plural. Don't scramble them like eggs. That type of character or those types of characters. Buy a damned grammar book if you have to.

    • @pete614
      @pete614 2 ปีที่แล้ว +5

      get out while you can

    • @piercearora7681
      @piercearora7681 ปีที่แล้ว +26

      ​@@stefanfrankel8157 As a fellow nerd who gets triggered by grammar errors, I have to say, it was probably just a typo bruh.

  • @stickinug
    @stickinug ปีที่แล้ว +461

    Your channel is so freaking good. Your work is so thorough and everything is presented well. I'm glad TH-cam finally recommended your channel to me

  • @BoodskiBro
    @BoodskiBro 3 ปีที่แล้ว +962

    If someone started a business where they give you a token/coin/piece of paper that represents a dollar, the first thing I expect them to do is give more tokens than they have dollars, because that's always what happens.

    • @BeersAndBeatsPDX
      @BeersAndBeatsPDX 3 ปีที่แล้ว +68

      If it's worth a dollar why not just use a dollar?

    • @custxmstudios
      @custxmstudios 3 ปีที่แล้ว +91

      @@BeersAndBeatsPDX crypto to crypto transaction not crypto to fiat. None taxable till it’s USD so they made USDT

    • @m_fredi9549
      @m_fredi9549 3 ปีที่แล้ว +43

      Like, gold standard all over again

    • @scoopitywoop
      @scoopitywoop 3 ปีที่แล้ว +17

      @@BeersAndBeatsPDX it's like buying arcade tokens, they have their own unique use

    • @brandonpotter4641
      @brandonpotter4641 3 ปีที่แล้ว +55

      Oldest trick in the book. Banks have been doing that with loan papers since at least the 1800s

  • @digitalmarketinghumans
    @digitalmarketinghumans 3 ปีที่แล้ว +730

    Is it me or has the quality of this video or just channel in general went up like crazy. So Netflix worthy..probably better! I knew pumping the $ZILLA stock would be worth it!

    • @unluckygamer692
      @unluckygamer692 3 ปีที่แล้ว +27

      $ZILLA TO THE MOON!!!!

    • @Bbfishman
      @Bbfishman 3 ปีที่แล้ว +29

      hes been on netflix!! only in the credits but it counts in my book

    • @Slashx92
      @Slashx92 3 ปีที่แล้ว +12

      $ZILLA will pay my first born’s lambo!!!

    • @halilkuzyaka7213
      @halilkuzyaka7213 3 ปีที่แล้ว +6

      I invested in $ZILLA before this vid. I guess im becoming a millionaire soon B)

    • @ivanyekimov1470
      @ivanyekimov1470 3 ปีที่แล้ว +3

      Gotta respect the pump!

  • @tomlxyz
    @tomlxyz 2 ปีที่แล้ว +151

    The thing that made me distrustful is that if they actually just backed Tether with USD they wouldn't be able to finance their operations

    • @99HockeyDad99
      @99HockeyDad99 2 ปีที่แล้ว +13

      Exactly - what is their business model

    • @onatkorucu842
      @onatkorucu842 2 ปีที่แล้ว +1

      But why? Could you explain please? Why would not USD work?

    • @danxcanxcook
      @danxcanxcook ปีที่แล้ว +36

      @@onatkorucu842 because technically they would have zero revenue.

    • @yj5990
      @yj5990 ปีที่แล้ว +17

      @@danxcanxcook But if they had a transaction fee then that would fund operations, like fiat currency exchanges do. So that element is not necessarily a red flag but yeah this company is seriously crooked

    • @9xqspx6
      @9xqspx6 ปีที่แล้ว +6

      I believe at some point it would: at the point when there is a large enough sum of money that pays them interest when they are holding it at a bank. But it seems like they very much pump a lot more out of it than that...

  • @Ranoldopereztroika
    @Ranoldopereztroika ปีที่แล้ว +137

    So basically Tether and Bitfinex were founded by a syndicate of every possible villain out there.

    • @jarrodbright5231
      @jarrodbright5231 9 หลายเดือนก่อน +24

      No, I think The Penguin steered clear of this one

    • @Ranoldopereztroika
      @Ranoldopereztroika 9 หลายเดือนก่อน +1

      @@jarrodbright5231 🤣

    • @MichaelDiSalvoSATandACTTutor
      @MichaelDiSalvoSATandACTTutor 5 หลายเดือนก่อน +1

      Sounds like bankers and politicians to me 🫣

    • @nothobbesmufc949
      @nothobbesmufc949 3 หลายเดือนก่อน

      @@MichaelDiSalvoSATandACTTutor isn't crypto supposed to be getting away from those things? yet the ppl in crypto wanting to get away from them instead give their money to ppl who have no ethics, no morals, and have an easy way to steal their money in a blink of an eye with zero recourse. All crypto scams were cash scams before regulation. Crypto bros will never learn this.

  • @aicoalition
    @aicoalition 3 ปีที่แล้ว +283

    CNBC reporting it is opening criminal fraud case against Tether. Good work.

  • @NightDocs
    @NightDocs 3 ปีที่แล้ว +1038

    I was listening on my drive home and straight up pulled over to give this my full attention

    • @VinceVintage
      @VinceVintage 3 ปีที่แล้ว +28

      its that good right?!

    • @aa2220
      @aa2220 3 ปีที่แล้ว +18

      Did you dump your bag?

    • @havenkeeper6400
      @havenkeeper6400 3 ปีที่แล้ว +14

      I was laying down ready to go to bed now here i am full boar in my trousers about to watch the full thing

    • @terryshin4948
      @terryshin4948 3 ปีที่แล้ว +1

      Hahaha that's funny

    • @osl5686
      @osl5686 3 ปีที่แล้ว +4

      Guyz I don't have Bitc.¡n but even I am looking out of my window of my overpriced high-rise concerned 😬

  • @sunsetson6963
    @sunsetson6963 3 ปีที่แล้ว +186

    If everyone in the executive arm of tether was of good moral standing , this wouldn’t be an issue , I am not exactly sure of child predators, gamblers and Ponzi scheme enactor in charge of my money

    • @Brian-vs9sd
      @Brian-vs9sd 3 ปีที่แล้ว +9

      Exactly... I'd rather trust it with JP Morgan, Chase and HSBC... Oh.... Wait...

    • @fxmtoeclipse
      @fxmtoeclipse 3 ปีที่แล้ว +34

      @@Brian-vs9sd None of these banks issue a currency, try again

    • @bri4real
      @bri4real 3 ปีที่แล้ว +2

      Start your own currency then because it’s going to be hard to find one. I’m even losing faith in gold/silver

    • @aj9969
      @aj9969 3 ปีที่แล้ว +3

      @@Brian-vs9sd hold that bag bro.. hell yeah.. to the moon bois

    • @robpieterse2538
      @robpieterse2538 3 ปีที่แล้ว +7

      You can´t trust anyone with huge amounts of money. Period.

  • @PatrickAyelle
    @PatrickAyelle 2 ปีที่แล้ว +395

    just a note: the crypto influencer talking about FUD had a top banner advertising blockFi. I'm curious if he was screaming FUD when it was suspected BlockFi was about to declare bankruptcy.

    • @jashansogi2641
      @jashansogi2641 ปีที่แล้ว

      who?

    • @xehP
      @xehP ปีที่แล้ว +5

      a lot of crypto TH-camrs go in depth as to why something is considered FUD, they don't make fancy scripted and edited videos, they analyse and explain certain trends etc. wake up.

    • @jeffbrownstain
      @jeffbrownstain ปีที่แล้ว +47

      @@xehP Ooof.
      Imagine agreeing with someone and then insulting them. Don't be so dense, you've made SO many replies on this channel this week 😶

    • @xehP
      @xehP ปีที่แล้ว +4

      @@jeffbrownstain I've probably made like 5 comments lmao generic liar.

    • @jeffbrownstain
      @jeffbrownstain ปีที่แล้ว +28

      @@xehP I can see your comments on this channel and they range in the dozens, as can everyone else on youtube.

  • @cryptojackfriks
    @cryptojackfriks 3 ปีที่แล้ว +108

    That teaser really made me the earliest I've ever been to the billion-dollar studio featuring the all mighty and quite handsome, Coffeezilla.

  • @xanjamz7133
    @xanjamz7133 3 ปีที่แล้ว +1475

    The further down this rabbit hole you go the more imaginary money becomes. Our entire financial system is one giant ponzi scheme

    • @SourDonut99
      @SourDonut99 3 ปีที่แล้ว +82

      @Failed Society But you probably shouldn't play a ponzi scheme within a ponzi scheme. Then you have these crypto scammers eroding your coins while the US government erodes the value of the dollar which is what all these cryptos are based off of. Also its unlikely the US government will crash the dollar to zero while the same can't be said about these crypto exchanges and coin developers just running with your money.

    • @drx1xym154
      @drx1xym154 3 ปีที่แล้ว +37

      @@SourDonut99 -- most good cryptos are based on a borderless, mathmatical proof of value... the market decides.
      yes there are some shady things going on...
      even more so on the fiat currency side.
      BTC is digital gold. LTC is digital silver.... (faster and more liquid). ETH is distributed finance and cloud contracts.
      The USD has the "woke" military and oil (major commodities) behind it.
      There are other stable coins that could replace Tether ...they seem to be more honest (not difficult).
      Tether may well cause another BTC/Crypto winter - yet it always recovers.

    • @meganallday
      @meganallday 3 ปีที่แล้ว +2

      🤣👍

    • @roboticski
      @roboticski 3 ปีที่แล้ว +96

      @@drx1xym154 yeah mathematical value that rises and falls because of Elon and China. Hmm seems legit!

    • @jesterbob828
      @jesterbob828 3 ปีที่แล้ว +1

      @@drx1xym154 what are some better stable coins?

  • @hewvilleofficial
    @hewvilleofficial 3 ปีที่แล้ว +150

    As a crypto investor since mid 2016, this is hands down your best and most well-researched video.

    • @JohnPedder
      @JohnPedder 3 ปีที่แล้ว +18

      I don’t think anyone from the crypto space, myself included, would call this video FUD. However, SafeMoon has the worst bunch of followers that comment the most hateful moronic shit to anyone that doesn’t advocate the purchase of safemoon.

    • @Ghettoize
      @Ghettoize 3 ปีที่แล้ว +1

      @@JohnPedder HEY HEY HEY I like safemoon

    • @kensuke0
      @kensuke0 3 ปีที่แล้ว

      @@JohnPedder A lot of the Safemoon criticism has been FUD, let’s be honest.

    • @johnbahia5340
      @johnbahia5340 2 ปีที่แล้ว

      Safemoon what?

    • @streetracer2321
      @streetracer2321 ปีที่แล้ว

      And yet a year later Tether is doing fine…..

  • @Millersmedias
    @Millersmedias ปีที่แล้ว +12

    Bro I don’t even trade, or have any knowledge of crypto currency whatsoever. I just found your channel to be similar to the guys who break the scam call centers in India, and I love it.

  • @MattyMilligan
    @MattyMilligan 3 ปีที่แล้ว +187

    This story is so crazy I thought Dan Lok was going to be involved somehow.

    • @SKY-wt2pp
      @SKY-wt2pp 3 ปีที่แล้ว +9

      where's Brian Rose?.....I know....taken the piss

    • @jimmytyan9791
      @jimmytyan9791 3 ปีที่แล้ว +3

      @@SKY-wt2pp he took it then drank it

    • @bryantony9836
      @bryantony9836 3 ปีที่แล้ว +8

      This comment had me rolling

    • @eznosnopes5276
      @eznosnopes5276 3 ปีที่แล้ว

      @@SKY-wt2pp did you donate?

    • @SKY-wt2pp
      @SKY-wt2pp 3 ปีที่แล้ว +1

      @@eznosnopes5276 Urine too deep donating to him

  • @celestial2091
    @celestial2091 3 ปีที่แล้ว +1036

    damn the whole board of the company looks like a criminal reunion

    • @samsonsoturian6013
      @samsonsoturian6013 3 ปีที่แล้ว +81

      Mafia. That's the word you want.

    • @johnpenguin9188
      @johnpenguin9188 3 ปีที่แล้ว +13

      From *redacted*

    • @daniellarsson3453
      @daniellarsson3453 3 ปีที่แล้ว +14

      Because it is.

    • @Scorch1028
      @Scorch1028 3 ปีที่แล้ว +12

      It's amazing that there is so much "confidence" in a currency that no one can "prove" is backed by anything tangible.

    • @French4ward
      @French4ward 3 ปีที่แล้ว +2

      I like that comment but I won't "like" it because the number of likes feels just about right 😆

  • @Datapoint90
    @Datapoint90 3 ปีที่แล้ว +272

    Proving once again that you put more effort into your investigations than the SEC does into theirs.

    • @TheChees1996
      @TheChees1996 3 ปีที่แล้ว +39

      The sec are there to stop the small and poor people from getting rich

    • @freeagent.87
      @freeagent.87 3 ปีที่แล้ว +7

      Crypto isn't regulated if that's what you're implying

    • @freeagent.87
      @freeagent.87 3 ปีที่แล้ว +4

      @Mcillsonn if U.S. govt wants to tax it then they better regulate it too

    • @THICCTHICCTHICC
      @THICCTHICCTHICC 3 ปีที่แล้ว +1

      @Mcillsonn good luck regulating a decentralised concept

    • @cheery-hex
      @cheery-hex 3 ปีที่แล้ว

      should be top comment!

  • @jordanislandwebdesign
    @jordanislandwebdesign ปีที่แล้ว +135

    Wait, Dan Friedberg from FTX was also part of the poker god mode scam, small world haha

    • @patrickedwards2078
      @patrickedwards2078 ปีที่แล้ว +10

      Oh this is just too good. Part of the poker scam which he was found trying to cover up, then supervised FTX's collapse and fraud, now we know he's part of tether

    • @IvanRandomDude
      @IvanRandomDude ปีที่แล้ว +2

      It's a big club....

  • @papajohnsuk5965
    @papajohnsuk5965 3 ปีที่แล้ว +1433

    "mOnEY iS tHeRe i cAn pRoMIsE yOu tHaT"
    source: trust me bro

    • @neighborhoodcatlady6094
      @neighborhoodcatlady6094 3 ปีที่แล้ว +7

      😹😹😹😹😹😹

    • @papajohnsuk5965
      @papajohnsuk5965 3 ปีที่แล้ว +1

      @@neighborhoodcatlady6094 😻😻😻😻

    • @celestial2091
      @celestial2091 3 ปีที่แล้ว +4

      thats the most stupid thing i hear some one say like ever!! lmao

    • @philh8023
      @philh8023 3 ปีที่แล้ว +15

      I trust papa John more than all this criminal. Lol

    • @papajohnsuk5965
      @papajohnsuk5965 3 ปีที่แล้ว +6

      @@philh8023 they always deliver quick haha

  • @Argumemnon
    @Argumemnon 2 ปีที่แล้ว +143

    "There's so much negativity" sounds like the fortune teller's excuse when put through an actual test and can't perform.

    • @mariecarie1
      @mariecarie1 2 ปีที่แล้ว +13

      It’s literally the same vernacular people in MLMs use. “Quit looking at how scammy this business is, you don’t need to know details. Don’t be so negative!” Kinda scary.

    • @TrackpadProductions
      @TrackpadProductions ปีที่แล้ว +2

      They also both do the whole _"it doesn't work if you don't believe in it!"_ shtick, too.

  • @janklosowski
    @janklosowski 3 ปีที่แล้ว +100

    Hey Coffee, I just want to say that as a Bitcoin old-timer following the Tether story since its inception, I respect the quality of the research, production, and storytelling.

    • @GTJW22409
      @GTJW22409 2 ปีที่แล้ว +1

      Well, tell us your thoughts?

    • @GTJW22409
      @GTJW22409 2 ปีที่แล้ว

      All talk then? A disapointment

  • @randysmith7094
    @randysmith7094 ปีที่แล้ว +85

    Who'd have thought a digital lottery pyramid scheme currency would attract so many ponzi scheme trading companies?

    • @johndododoe1411
      @johndododoe1411 ปีที่แล้ว

      Tether wasn't supposed to be any of they. Tether was supposed to be a trusted place to (indirectly) transfer actual cash between people buying and selling crypto currencies. If Tether actually refuses withdrawals (rather than having small print allowing them to refuse withdrawals), it's as big a problem as if a large bank did the same.
      Now the problem is that some shady people got involved, not that Tether was ever meant to be an inflated coupon.

    • @kmlckd
      @kmlckd ปีที่แล้ว

      Social media gives ponzi schemers a larger audience to prey on. Like has been stated, social media also contributes to a sense of FOMO, jealousy, and desperation, all in the hopes of getting rich quick. Social media isn't bad but bad people use it with bad intentions.

  • @nazarjuna
    @nazarjuna 3 ปีที่แล้ว +333

    Protect this man at all costs

  • @caydenrooney
    @caydenrooney 3 ปีที่แล้ว +227

    Graham Stephan sent me, keep up the great informative content!

    • @refundreplay
      @refundreplay 3 ปีที่แล้ว +23

      Graham "whats up clicks, its bait here" Stephan?

    • @dvdm4709
      @dvdm4709 3 ปีที่แล้ว

      @@refundreplay nice

    • @zyrrhos
      @zyrrhos 3 ปีที่แล้ว +2

      Graham's busy hands tire me out.

    • @heyryanisonx3141
      @heyryanisonx3141 ปีที่แล้ว

      This aged like fine milk

  • @j._.taylor
    @j._.taylor 2 ปีที่แล้ว +97

    I'd been hearing vague references to the shady connections between Tether and Bitfinex, but this is beyond anything I expected. Phenomenal job of explaining a dauntingly complex topic. Logical, clear, concise...& funny 🤣 Well done! (& subbed 😎👍🏻)

  • @elisdee1
    @elisdee1 ปีที่แล้ว +103

    The shameless bravado and ego needed to be such a pos is astounding. Love your work Coffeezilla

  • @gobtoshi5610
    @gobtoshi5610 3 ปีที่แล้ว +78

    This has to be the video of the year the shock value of this video is timeless

    • @yemzlol
      @yemzlol 3 ปีที่แล้ว +8

      @Michael Mark Shut the hell up bro

    • @ceologreen
      @ceologreen 3 ปีที่แล้ว

      Not really weve been known this. A simple solution is to use gemini

    • @gobtoshi5610
      @gobtoshi5610 3 ปีที่แล้ว

      @@ceologreen why gemini?

    • @ceologreen
      @ceologreen 3 ปีที่แล้ว +3

      @@gobtoshi5610 do your own research. Essentially they have a federally insured bank as a custodian. I dont get paid enough to explain further

  • @sergeynemkov1554
    @sergeynemkov1554 3 ปีที่แล้ว +55

    35 mins of coffeezilla, you gotta spoil us like this more often

    • @ayeansh
      @ayeansh 3 ปีที่แล้ว

      @Michael Mark not again

    • @udaychaudhary255
      @udaychaudhary255 3 ปีที่แล้ว

      @@ayeansh Dude, this guy is everywhere on the map, requires an E-slap

  • @holysmoke3201
    @holysmoke3201 3 ปีที่แล้ว +359

    So glad I found you Coffeezilla - FINALLY a comprehensive well-researched vid on Tether that exposes everything people should know. Very few TH-camr's will admit to it's liabilities and outright sociopathic team that runs this scam making Elizabeth Holmes look like a friggin Saint. Keep caring and sharing! Your integrity is PRICELESS :)

    • @farmerfox99
      @farmerfox99 2 ปีที่แล้ว +3

      Loved your comparison to Elizabeth. Holy smoke. Now that luna has tanked what do you think about chances of tether now?

    • @unknownvanguard8749
      @unknownvanguard8749 2 ปีที่แล้ว

      @@farmerfox99 Fucking Zero.

    • @ekki1993
      @ekki1993 2 ปีที่แล้ว

      @farmerfox99
      There's nothing but vaporwave on crypto. It's a billion dollar market that couldn't provide a single product that's better than non-crypto alternatives. The practical reality is that there's no value and you can only make money if bigger fools enter after you to lose the money you earn.

    • @holysmoke3201
      @holysmoke3201 2 ปีที่แล้ว

      @@ekki1993 yeah, that's what they said about the internet before it became mainstream lol

    • @ekki1993
      @ekki1993 2 ปีที่แล้ว

      @@holysmoke3201 That's just not true. The internet was extremely useful way before being worth even a million dollars and didn't need any hype to become a revolution. You're forcing a comparison that doesn't work.

  • @getsglobal
    @getsglobal ปีที่แล้ว +18

    Stephen history is going to be very kind to you and you children and grand children will be proud of you. You have created a high standard and have won over a huge following and you now have earned the fear and respect of the Crypto dudes, KEEP up this important work and thank you sir

  • @Miralage
    @Miralage 2 ปีที่แล้ว +308

    I've been on a 'To Catch A Predator' binge watch recently, and there are some STARK similarities between the statement of Bitfinex and Tether being owned by the same people to an excuse one of the predators made.
    Right off the bat, he came in and said 'I'm here to meet Adriana... she's twenty-two.' Completely unprompted! Just blurts out 'SHE'S TWENTY TWO' because in his mind he has to insert that into the conversation somewhere because it's a flat-out lie and he has to get the truth covered up fast. That EXACT same cadence, the same hesitation, the same 'inserting something nobody goddamn asked about' happened in that statement.
    'We're owned by the same people but we're not affiliated or anything like that... dollars are all there'.
    DOLLARS ARE ALL THERE.
    He just blurted that shit out immediately, unprompted, because he's LYING and needs to 'subtly' insert it into the conversation somewhere. Just like a predator blurting out 'she was twenty two' even though it makes no sense to bring that up right there and then.

    • @nickyblue4866
      @nickyblue4866 2 ปีที่แล้ว +24

      No Jerry Griffith came to meet 22 she's adrianna years old!

    • @davidhatch40
      @davidhatch40 2 ปีที่แล้ว +57

      "I've been on a To Catch a Predator" is a bad way to start a sentence

    • @r-pupz7032
      @r-pupz7032 2 ปีที่แล้ว +21

      Hey have you watched any of Dave's Lemonade predator commentary videos? He goes through the chat logs and the raw footage in the sting house. Most of his predator commentary videos are on his second channel, Dave's Lemons.
      Anyway I remember the interaction you referenced, it stuck with me too and you're spot on!
      They just couldn't wait, they needed that info out, it was in the front of their mind as it was their prepared lie. So they just spit it out, unprompted, without realising that just draws more attention to their deception.
      I'm not a body/speech analysis diehard, I think it's much less certain that some people think and everyone is different... But that just seems like such a enormous tell, something innocent people would not do.
      Good catch (a predator) !

    • @Thor-Orion
      @Thor-Orion 2 ปีที่แล้ว +1

      Funny you talk about predators because Collins Rector was heavily connected with Epstein, Epstein is all over crypto land.

    • @mikeymy3042
      @mikeymy3042 2 ปีที่แล้ว +26

      Some Chinese ambassador to the UK was on BBC news an asked why his government was putting Uighur Muslims into concentration camps and his response was we're not sterilizing the Uighur Muslims.

  • @daveisdead
    @daveisdead 3 ปีที่แล้ว +311

    That’s why I only buy and sell pet rocks. I can’t lose

    • @joecool4656
      @joecool4656 3 ปีที่แล้ว +7

      This comment made me laugh much harder than I want to admit

    • @flex-5213
      @flex-5213 3 ปีที่แล้ว +1

      @@joecool4656 same :)

    • @rtyzxc
      @rtyzxc 3 ปีที่แล้ว +4

      I only trade blue axolotl in Minecraft

    • @1chienandalou
      @1chienandalou 3 ปีที่แล้ว

      😆

    • @inthefade
      @inthefade 3 ปีที่แล้ว +8

      I'm still sitting on all these tulip bulbs.

  • @DJVARAO
    @DJVARAO 3 ปีที่แล้ว +380

    I totally trust a multibillionaire company run by 13 scammers...

    • @Brian-vs9sd
      @Brian-vs9sd 3 ปีที่แล้ว +30

      Are you referring to JP Morgan?

    • @louisvuitton1859
      @louisvuitton1859 3 ปีที่แล้ว +17

      @@Brian-vs9sd do they have 13 employees?

    • @Brian-vs9sd
      @Brian-vs9sd 3 ปีที่แล้ว +10

      The key words are run by.

    • @DJVARAO
      @DJVARAO 3 ปีที่แล้ว +35

      ​@@Brian-vs9sd Sure, because a 13 guys scam operation is the same of a bank with 255,351 employees...

    • @DJVARAO
      @DJVARAO 3 ปีที่แล้ว +10

      @@louisvuitton1859 That's what the video says: a total of 13 people run USDT.

  • @ozz332
    @ozz332 ปีที่แล้ว +289

    watching these coffeezilla crypto episodes are extra enjoyable when you've never invested in any crypto and still have your money in your good ol bank.

    • @jimpollard9392
      @jimpollard9392 ปีที่แล้ว +28

      ...and you can rest assured that your accounts in your good ol' bank are just so rock-solid safe. Every dollar you've put there they've already lent out multiple times.

    • @kemc4985
      @kemc4985 ปีที่แล้ว

      @@jimpollard9392 yeah but central banks are used by billions of people and are backed by governments and when they fail are bailed out by tax payers.. every crypto exchange ever has been a rug sir…

    • @st8ofmind325
      @st8ofmind325 ปีที่แล้ว +89

      @@jimpollard9392 they’ve lent out every dollar yet he still has every dollar in his account. That’s how banks work.

    • @gicardee6756
      @gicardee6756 ปีที่แล้ว +13

      LMAO, you never really stopped and thought about this comment. Good ol banks are centralized and leverage their own asset. Sounds like FTX right? But hey, that 0.6% savings interest is juicy and bullish.

    • @jimpollard9392
      @jimpollard9392 ปีที่แล้ว +10

      @@kemc4985 Ohhhh-kay. Backed by governments. And you can rest assured that they'll always do what they say they'll do. And you, the small-fry retail depositor, will not get shafted in favor of the big guys. With your tax money. You gotta trust the government, right?
      I mean, I take your point, but there'll come a day when you can't trust anyone. That day may be approaching, fast.

  • @matteusunderpressure7835
    @matteusunderpressure7835 3 ปีที่แล้ว +309

    This is journalism, I mean really good stuff

    • @NotoriousPyro
      @NotoriousPyro 3 ปีที่แล้ว

      @@geams I just bought a car with tethers. What's this about gambling again?

  • @warp9wb
    @warp9wb 3 ปีที่แล้ว +47

    "If u look too close to their funds, it may just vanish." That cracked me up.

  • @joshsimpson10
    @joshsimpson10 3 ปีที่แล้ว +39

    You are going to make some very nefarious people very angry.
    Godspeed my dude 👊

  • @ceb4747
    @ceb4747 ปีที่แล้ว +211

    Watching this after SBF was arrested. Crypto is real easy to commit fraud with seems like.

    • @mandeepsinghkhosa5379
      @mandeepsinghkhosa5379 ปีที่แล้ว +40

      decentralized and unregulated.

    • @krodmandoon3479
      @krodmandoon3479 ปีที่แล้ว +4

      The Super Best Friends were arrested? I thought they went their separate ways *years* ago.

    • @Apollo_21mil
      @Apollo_21mil ปีที่แล้ว

      Regulators failing as usual.

    • @tzvikrasner6073
      @tzvikrasner6073 ปีที่แล้ว

      Just from what I'm seeing, crypto *is* fraud. Just straight-up. Been that way since the start.

    • @enemyofYTemployees
      @enemyofYTemployees ปีที่แล้ว +1

      Yes tether still stands… so far

  • @josel.hernandez2552
    @josel.hernandez2552 3 ปีที่แล้ว +67

    Two things:
    - Your editing...man, freaking AMAZING!
    - The whole Tether scam...geez!

  • @lbonts
    @lbonts 3 ปีที่แล้ว +197

    just the way Potter ways “dollars are all there” is a huge red flag, not “all the tether is secured by dollars” or “the dollars are there in our vault” or even “THE dollars are all there” - just “dollars are all there” classic sign of lying, vague indefinite statements, yes dollars are there in the world but are they in your vault securing tether???

    • @anonismust
      @anonismust 3 ปีที่แล้ว +4

      Tether is backed by
      Feathers

    • @IdontspeakBro.
      @IdontspeakBro. 3 ปีที่แล้ว

      @@anonismust lesthers

    • @jasonisfamous6544
      @jasonisfamous6544 3 ปีที่แล้ว +1

      @@anonismust backed by heathers

  • @cryptaveli
    @cryptaveli 3 ปีที่แล้ว +150

    Doctor: sir, please turn your head and cough…
    Phil Potter: THE MONEY IS THERE!!!!!

    • @christopherhernandez3909
      @christopherhernandez3909 3 ปีที่แล้ว +3

      😂😂🤣😂🤣

    • @ewanssoman6321
      @ewanssoman6321 3 ปีที่แล้ว +4

      Dollars are there *sad fraud noices*

    • @ferzinhaN
      @ferzinhaN 3 ปีที่แล้ว +1

      🤣🤣🤣😭

    • @aj9969
      @aj9969 3 ปีที่แล้ว

      In sad valley girl accent

  • @mikjeuitbranant
    @mikjeuitbranant ปีที่แล้ว +116

    This needs an update!

    • @Harris15000
      @Harris15000 ปีที่แล้ว

      Why is that? Explain please.

    • @drerook2706
      @drerook2706 ปีที่แล้ว +18

      @@Harris15000 because since this was made FTX just fell. FTX’s parent company Alemeda is the largest holder of USDT in the billions. If FTX didn’t have liquidity due to insolvency because it was sending everything over to Alemeda to “invest” then Alemeda’s holdings are owed to someone else at best… or (and more likely) gone….

    • @streetracer2321
      @streetracer2321 ปีที่แล้ว +1

      The update is, he turned out to be wrong, by all indications

    • @Kill3rwasp
      @Kill3rwasp ปีที่แล้ว

      @@streetracer2321 how so?

    • @streetracer2321
      @streetracer2321 ปีที่แล้ว

      @@Kill3rwasp it’s been over a year since the ‘exposé’ and Tether is still working fine

  • @adamcharming
    @adamcharming 3 ปีที่แล้ว +20

    I feel like this video signifies a graduation from youtuber you covers scams, to investigative journalist and story teller. Really good stuff

  • @e4unow421
    @e4unow421 3 ปีที่แล้ว +106

    In Scotland we use the word fud to describe someone who is dim-witted.

  • @chenkoguenas9665
    @chenkoguenas9665 3 ปีที่แล้ว +216

    One of the only real journalists I’ve ever scene. Fascinating, entertaining, comedic. Keep going and stay safe

  • @Terr
    @Terr ปีที่แล้ว +60

    What's more amazing to me is that every exchange seems to be fine with this. Like they are too deep into the rabbit hole to get out of it.

    • @kitkat3501
      @kitkat3501 ปีที่แล้ว

      Which makes you go hmmmmm🤔

    • @zenkim6709
      @zenkim6709 ปีที่แล้ว +1

      Most likely they R all terrified of mentioning even *a whiff* of doubt or concern about the ticking Tether time bomb ... anything that could (further) erode the public perception of cryptocurrency in general & crypto exchanges in particular.
      It's like they've all planned & built a village or small town on a hillside or mountain slope that's prone to mudslides or avalanches -- any attempt to dismantle the community could set off a catastrophe, but if they simply sit on their thumbs then disaster is likely to come crashing down on their heads anyway.
      This seems to B a case of enormous wishful thinking: if they simply go on like business as usual, & keep reassuring everyone else that "everything is fine", the cryptobros hope that no one will notice the massive land subsidence event waiting to happen rite under everyone's feet....

  • @ebubechukwuogbuagu4502
    @ebubechukwuogbuagu4502 2 ปีที่แล้ว +88

    Watching these videos I'm discouraged from going into anything crypto. There's so much the public can't know and it seems to all be controlled by a few crooked people

    • @TalkingMoneyWithNozi
      @TalkingMoneyWithNozi ปีที่แล้ว +6

      Bingo!

    • @ytbr3383
      @ytbr3383 ปีที่แล้ว +5

      Yeah, I don't get those that get into it considering all the scams.

    • @9xqspx6
      @9xqspx6 ปีที่แล้ว

      How about stocks and bonds?
      It's the same.

  • @Ju135
    @Ju135 3 ปีที่แล้ว +54

    The production value of this is higher than Tethers Market cap

  • @MateusRapini
    @MateusRapini 3 ปีที่แล้ว +451

    Using James voice was brilliant!

    • @Psiconauta-cabalista
      @Psiconauta-cabalista 3 ปีที่แล้ว +2

      Huum interessante te ver aqui meu amigo.

    • @MateusRapini
      @MateusRapini 3 ปีที่แล้ว +3

      Claro! Como não

    • @TheMrFive
      @TheMrFive 3 ปีที่แล้ว +12

      Was it though? It made me think that James was this guy.

    • @BlackistedGod
      @BlackistedGod 3 ปีที่แล้ว +15

      it seems to me that its actually James, the voice and body movement, the last video he created is also about bitcoin being a massive pump and dump scam

    • @foaly8
      @foaly8 3 ปีที่แล้ว +6

      Who is James?

  • @Scorchlette
    @Scorchlette ปีที่แล้ว +137

    Stories like this are the prime example of why I never have and never will invest in crypto.

    • @pastadeadman4594
      @pastadeadman4594 ปีที่แล้ว +15

      I think it could've been a really good idea to invest in something like bitcoin years back before it became a trend, but at this point, trying to enter the crypto market means you're just begging to be scammed

    • @JahmmiOfficial
      @JahmmiOfficial ปีที่แล้ว +6

      There are scams everywhere I don't think your comment is relevant. Even the guy that made the video said he is holding crypto.

    • @TalkingMoneyWithNozi
      @TalkingMoneyWithNozi ปีที่แล้ว +5

      @@JahmmiOfficial it is relevant. Not to you, but to the person who made the comment.

    • @2oqh
      @2oqh ปีที่แล้ว +11

      @@JahmmiOfficial and even he said there a chance he might lose it all w/ everyone else

    • @nicknorthcutt7680
      @nicknorthcutt7680 ปีที่แล้ว +3

      It needs regulation or else crypto won't work, period.

  • @johndiggs5926
    @johndiggs5926 3 ปีที่แล้ว +37

    I thought tether concerns were addressed already…will look into this some more. Appreciate you approaching this topic in this manner.

    • @TrickyT
      @TrickyT 3 ปีที่แล้ว +2

      I thought so too but if its not then lemme know

    • @nikyabodigital
      @nikyabodigital 3 ปีที่แล้ว +6

      Man it could crash the whole crypto market if it gets withdrawn holy shit

    • @aj9969
      @aj9969 3 ปีที่แล้ว +8

      Swept under the rug, or dismissed as FUD.. never addressed.

  • @Shlooomth
    @Shlooomth 2 ปีที่แล้ว +379

    Your channel has helped me see how cryptocurrencies are literally the digital equivalent of going “hey buy these coconuts and use them as currency! Everyone else will too!” But no one does and you just buy a bunch of useless non-edible coconut coins in your basement

    • @Tential1
      @Tential1 2 ปีที่แล้ว +21

      You can buy a company stock like Apple that makes more profit in one quarter than anyone else doee in a year, or coconuts....

    • @IamAWESOME3980
      @IamAWESOME3980 2 ปีที่แล้ว +31

      Hm... Tough decision. I will take the coconuts please

    • @FlareStorms
      @FlareStorms 2 ปีที่แล้ว +7

      cocor nut

    • @Jay_in_Japan
      @Jay_in_Japan 2 ปีที่แล้ว +9

      Except that people do use cryptocurrencies
      Are you new to crypto?

    • @holaaamannn
      @holaaamannn 2 ปีที่แล้ว +4

      Not all crypto is like that though....

  • @Damirui
    @Damirui 3 ปีที่แล้ว +202

    Great vídeo dude! LOVE 💖

  • @DerpyDaringDitzyDoo
    @DerpyDaringDitzyDoo ปีที่แล้ว +29

    As someone who has zero investments in crypto, I still find the countless fraudulent things that happen in the world of crypto are always fascinating and I'm glad I don't have to worry about any of this mess lol

    • @9xqspx6
      @9xqspx6 ปีที่แล้ว

      Have you not watched (listened to) the video? It can absolutely affect you and all of us.

  • @sienxwei
    @sienxwei 3 ปีที่แล้ว +184

    Hearing him say "the dollars are there" sounds a lot like CZ saying "funds are safu"

    • @nachannachle2706
      @nachannachle2706 3 ปีที่แล้ว +8

      Different men, same scumbaggery.

    • @josaelizondo6773
      @josaelizondo6773 3 ปีที่แล้ว +1

      I just loled really hard

    • @karlgredona1651
      @karlgredona1651 3 ปีที่แล้ว +7

      Cz does have a guarantee to pay you bavk what you lose money tru nefarious means. If binance gets hacked they do pay people back. Thats their main thing hence why binance is the biggest exchange in the crypto markets

    • @mr.amir_spb
      @mr.amir_spb 3 ปีที่แล้ว +1

      @@karlgredona1651 there are no guarantees in crypto

    • @karlgredona1651
      @karlgredona1651 3 ปีที่แล้ว +1

      @@mr.amir_spb you say that as if theres a guarantee in traditional markets when you are irresponsible with your trades

  • @waniqra
    @waniqra 3 ปีที่แล้ว +77

    This is the reason why I subscribed to CoffeeZilla. Not the rugpull, scam pump and dump videos. Coz people who invest in those scheme, know what they are getting themselves into, yet still do it. More of this type of content please!

  • @themore-you-know
    @themore-you-know 3 ปีที่แล้ว +317

    That management team's circle of evil, holy sh*t.
    - Ponzi schemer
    - Pirate of software
    - Online ped0ph1le
    - Fixed Online Gambler
    - MMO farmer
    I have to ask: do they have an arms dealer too, somewhere at the reception desk?

    • @bbblahoo7
      @bbblahoo7 3 ปีที่แล้ว +1

      Phil!
      Edited: Phok!

    • @LuciferArc1
      @LuciferArc1 3 ปีที่แล้ว +10

      I mean...I really don't doubt it

    • @ssazerac
      @ssazerac 3 ปีที่แล้ว +43

      If those guys are busy running Tether, who’s running Hell?

    • @BanditDil210
      @BanditDil210 3 ปีที่แล้ว +3

      What's so evil about being a MMO farmer tho lol

    • @ci6516
      @ci6516 3 ปีที่แล้ว +4

      @@BanditDil210 paying people in the third world to farm mmo items is pretty scummy tho .

  • @phenex5190
    @phenex5190 2 ปีที่แล้ว +48

    Crypto has proven to be the best example of the phrase, "Absolute power corrupts absolutely." This is why we need regulation, bc without regulation they have absolute power over what they do with the funds, corrupting them into always pulling the rug.

    • @NoKingsNoGodsOnlyMan
      @NoKingsNoGodsOnlyMan 2 ปีที่แล้ว +6

      wouldn't the regulators then have even more power, which corrupts? They protect the powerful and connected. Don't get it twisted. Open competition where customers regulate with their dollars is the only way that works, and that's moral.

    • @jsupim1
      @jsupim1 ปีที่แล้ว +3

      Did you miss the part where the feds seized Bitfinex's money? Without that "regulation", Bitfinex would still have 850mln $ !

    • @p39483
      @p39483 ปีที่แล้ว

      What we need is real money. Crypto wouldn't even exist if government didn't already steal everyone's gold (FDR 1933) and wildly inflate the price of gold (congress 1934) and finally leave gold completely (NWO 1971) and slap everyone in the face with a bailout 2008. Regulating crypto will merely spawn new crypto. And really that's the point. Stealing is the game.

    • @NoKingsNoGodsOnlyMan
      @NoKingsNoGodsOnlyMan ปีที่แล้ว +5

      Yeah, that's cute. You still think the government cares about you.

    • @9xqspx6
      @9xqspx6 ปีที่แล้ว

      You are delusional if you think your government is there to protect you. They are doing the same things as Tether... The difference is they have a Police and an Army backing them. And you can hear more and more about how various governments are working on making their own cryptocurrencies and how they are planning to take cash out of the market... because they realized that there is much more money to be stolen and they are missing out, especially by not having full control of all of the money everyone has. I wouldn't be surprised if they hired people like those at Tether to tutor them...

  • @DhragonBhoy
    @DhragonBhoy 3 ปีที่แล้ว +42

    This felt like the first cross over between CoffeeBreak and CoffeeZilla.

  • @kriminal012
    @kriminal012 3 ปีที่แล้ว +46

    7:47 The transition to “Thank goodness Tether is a transparent company” literally made me LOL. Great vid mate! Great job. Ppl who don’t understand/dismiss Tether are fruit loops.

  • @pm-5565
    @pm-5565 3 ปีที่แล้ว +202

    What I've learned from this is that crypto is basically ran by the Suicide Squad...

    • @fdortely
      @fdortely 3 ปีที่แล้ว

      😂😂😂

    • @719Flowers
      @719Flowers 3 ปีที่แล้ว

      Haha it’s the wild west right now furshur 😂

    • @CHEFJUJUBTCKING
      @CHEFJUJUBTCKING 3 ปีที่แล้ว

      @@face1159 only like 90 percent

  • @ReasonablySane
    @ReasonablySane 2 ปีที่แล้ว +12

    Whenever someone says, trust me, the money's there, I just remember this little phrase: Being a man, I know the heart of man.
    i.e. "Trust, but verify."

  • @drjqool
    @drjqool 3 ปีที่แล้ว +51

    Wow, the 10 million dollar studio comes with a robot. Those Coffeezilla courses must be selling very well!

  • @phillipgraham9269
    @phillipgraham9269 3 ปีที่แล้ว +276

    “Well if it does fail, we all going down together boys “ lol *likes video

    • @naldo3008
      @naldo3008 3 ปีที่แล้ว

      Yeàaaaaaaaaa😤😤😤

    • @stablecoinsfraud9576
      @stablecoinsfraud9576 3 ปีที่แล้ว

      So true.

    • @MarkusWaas
      @MarkusWaas 3 ปีที่แล้ว +10

      If crypto fails due to Elon Musk, Tether or any other centralised entities, it didn’t deserve to succeed.

    • @est94
      @est94 3 ปีที่แล้ว

      Pass the cigars

  • @patrickgrady7505
    @patrickgrady7505 3 ปีที่แล้ว +281

    The fact that this channel hasn't reached a million subs yet is an abomination.

    • @KenGreen-tm7si
      @KenGreen-tm7si 3 ปีที่แล้ว +21

      The truth isn’t appealing to the masses

    • @bigdswinger
      @bigdswinger 3 ปีที่แล้ว +3

      @@KenGreen-tm7si The video quality should be

    • @SyntheticFuture
      @SyntheticFuture 3 ปีที่แล้ว +14

      @@bigdswinger most people will watch 5 seconds, look at their cryptowallet and be like "I'll be rich soon.. let's ignore this fool". Damn shame. I think Zilla is 100% on point.

    • @EwanMarshall
      @EwanMarshall 3 ปีที่แล้ว

      nah, currently it is an employer-sponsored defined contribution pension account.

    • @salis-salis
      @salis-salis 3 ปีที่แล้ว +2

      it should have 60 billion subscribers tbh

  • @ccgreens2466
    @ccgreens2466 ปีที่แล้ว +12

    Tether is the biggest stable coin scam in the world. Buyer beware. Love the work Coffee keep it up 👍 from Crypto Gypsy 🔮🔮

  • @Johnefinance
    @Johnefinance 3 ปีที่แล้ว +29

    Also loved the cameo by James Jani! Can't miss those smooth pipes

  • @bobbylover155
    @bobbylover155 3 ปีที่แล้ว +28

    this is amazing, how is this not viral yet

  • @paulmdevenney
    @paulmdevenney 3 ปีที่แล้ว +16

    Your attention to detail is fantastic dude. Documentary / investigative journalism well beyond the average "TV" programme.

  • @shadowamazon
    @shadowamazon 8 หลายเดือนก่อน +9

    It's now 2024. Tether has broken $100B in circulation.

    • @heckingbamboozled8097
      @heckingbamboozled8097 8 หลายเดือนก่อน +3

      Yeesh, it's gonna be real bad if it collapses

    • @GaryCharles-c2m
      @GaryCharles-c2m 2 หลายเดือนก่อน

      Where’s it at rn

  • @adamsaldana5462
    @adamsaldana5462 3 ปีที่แล้ว +49

    Pretty damn spooky.
    This is a big case you took on my friend.

  • @Wealthforthe99Percent
    @Wealthforthe99Percent 3 ปีที่แล้ว +276

    Anytime a video is about crypto it immediately gets botted with crypto scammers and if that isn't the sign of a good investment, I don't know what is. lol.

    • @ericp1139
      @ericp1139 3 ปีที่แล้ว +37

      Real estate channels get botted with real estate scams. Stock channels get botted with stock scams. Influencer channels get botted with influencer scams.

    • @Wealthforthe99Percent
      @Wealthforthe99Percent 3 ปีที่แล้ว +21

      @@ericp1139 Yeah, but from having done other investment videos I can tell ya there is a noticeable difference with crypto.

    • @quixomega
      @quixomega 3 ปีที่แล้ว +26

      If someone tells you crypto is an investment, run. Crypto is a gamble or maybe a hobby, don't put in more than you can afford to lose.

    • @thetaboyswag2307
      @thetaboyswag2307 3 ปีที่แล้ว +8

      @@quixomega you’re just uneducated, Bitcoin is literally the best performing asset

    • @b__w_4565
      @b__w_4565 3 ปีที่แล้ว +6

      Crypto is still a good investment dude...it’s new as hell so obviously people are trying to play it

  • @okhaeadeleye5313
    @okhaeadeleye5313 3 ปีที่แล้ว +152

    The tether/bitfinex guys roll call reads like a list of Bernie Madoff protoges

    • @tokertalk9648
      @tokertalk9648 3 ปีที่แล้ว +6

      Or Saul Alinsky protégé. They are a bunch of child abusers!

    • @afewtalkingheads
      @afewtalkingheads 3 ปีที่แล้ว +2

      Lol Madoff came to mind instantly. Burry probably isn't wrong about a rug pull in the not so distant future

  • @manny_frometa
    @manny_frometa 2 ปีที่แล้ว +11

    CRAZY TO TAKE A LOOK AT THIS A YEAR LATER AND NOW EVERYONE TALKING ABOUT TETHER MIGHT COLAPSE

    • @sophiophile
      @sophiophile 2 ปีที่แล้ว +2

      Tether 'untethered' from USD so many times and has wreaked havoc.

  • @bad_writer
    @bad_writer 3 ปีที่แล้ว +89

    I love the profiles of all the founders. Of course they was founded by a guy who used to brag about how much money he makes, dudes busted with child porn, a guy who sold pirated software, and some guy who sold farmed mmo items. It's like the X-Men of lowlifes, scammers and losers. Of course they would be involved in crypto

    • @hippyjay9261
      @hippyjay9261 3 ปีที่แล้ว +5

      Haha its unbelievable right. What could go wrong investing your money with the dirty bunch

    • @nebufabu
      @nebufabu 3 ปีที่แล้ว +6

      It's like a heist movie team intro, only sad.

  • @donkovi6303
    @donkovi6303 3 ปีที่แล้ว +220

    If Tether collapses, it will shake the consumers' trust in cryptocurrencies like never before. Also, it might lead to a massive banning of cryptocurrencies all around the world by governments.
    Like I know that crypto is highly volatile. Basically any bigger news can hit it pretty bad. But this is just next level. If Tether collapses, the whole crypto space will experience such a huge shock that I don't even want to think about this because I also invested in crypto.
    The story about Tether is very terrifying.

    • @davguy2446
      @davguy2446 2 ปีที่แล้ว +2

      Crypto not leaving

    • @lafusew
      @lafusew 2 ปีที่แล้ว +18

      I believe that btc and maybe others would survive this, it would take years to recover tho

    • @shifedd9391
      @shifedd9391 2 ปีที่แล้ว +22

      Here after Luna crashed

    • @octoslut
      @octoslut 2 ปีที่แล้ว +22

      @@davguy2446 stable coin luna is gone bro, it caused a big hit to crypto. Imagine what tether will do

    • @MrAngryCucaracha
      @MrAngryCucaracha 2 ปีที่แล้ว +2

      *when

  • @SlayNetwork
    @SlayNetwork 3 ปีที่แล้ว +674

    Why does the blacked out Reddit exposer sound exactly like James Jani 🧐

    • @legrandesleepy8298
      @legrandesleepy8298 3 ปีที่แล้ว +35

      Right?! I think it is him. I wouldn't be surprised if these two channels had a good relationship.

    • @nolle
      @nolle 3 ปีที่แล้ว +38

      @Regres wow it's almost like it was a joke

    • @HassanAzzi
      @HassanAzzi 3 ปีที่แล้ว +8

      Haha i'm 100% sure that's him

    • @JoaoPedro-xi9ce
      @JoaoPedro-xi9ce 3 ปีที่แล้ว +3

      Surely it is him haha

    • @animelytical8354
      @animelytical8354 3 ปีที่แล้ว +13

      @Regres they are saying the actor sounds like him

  • @poloska9471
    @poloska9471 ปีที่แล้ว +9

    After FTX this looks nearly identical, even the owners say identical things like “it’s fine” like SBF did lol…