IT GOT SO MUCH WORSE
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- เผยแพร่เมื่อ 11 พ.ย. 2022
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This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch. - บันเทิง
People not trusting the banks and then giving money to a guy named "Bankman" is something else
@@jucyboi Some casual antisemitism, nice!
@@Iudicatio :(
@@Iudicatio If he's a leftist, that's nothing personal, he's just allergic to anyone having a savings account and enough resources to not depends on the state to survive. If that make you feel any better, he hates you too if you pay more tax than you're using tax payer money.
@@Iudicatio You dodging the truth though, that's even worse.
@@CommaGaming Please ELI5 what the truth is, I really don't know.
The "you trust the banks? lmao" crowd funneling their money into the pockets of random strangers will never not be hilarious to me.
With a Bank at least you have an address to rant at, With crypto online not so lucky. And you know legal reasons as well with banks.
Banks are the enemy. Now please give me your money with no safeguards or recourse.
Banks will dunk on you. Don’t think they won’t.
@@BigTobi True but the Bank at least has an address and some physical presence.
@@BigTobi You are the problem.
“Isn’t it awfully convenient that you’re suddenly bad at your job, when it would be criminal if you actually knew” ~CoffeeZilla
I explain it to my children like this: imagine a valet parking service where your car is then used by uninsured uber drivers...
Isn't it easier to say "The bank gambles your money?" Your car version is waaay harder to understand.
@@sagnorm1863 no, money and bank are very difficult principles... valet parking is something they can relate to.
Money is linked to debt, when I borrow money from the bank and pay a builder, and that builder puts 'my' money in the bank, the bank again lends it to another guy that then pays his builder... how do you explain that?
The argument that 'banks do the same thing' is a bit cheap, banks wish they could still do the same thing, and the risk is still there that some Bankman Fried or Jerome Kerviel goes out and plays with your money in a casino setting with short selling...
@@marcdc6809 how can one relate to valet parking?
@@fineacorn it's in the movie 'Freddie Buellers day off'... it also works with 'just another parking garage where you take a ticket and you need to pay to get out'... even better, the owner then comes to break into your car and hotwires it...
@@marcdc6809 Ah yes Freddie bueller and best friend Camerie! Great movie!
The oldest rule still holds true: the easiest way to rob a bank is to own one.
But I thought the oldest war was to never start a land rule in Asia
Damn I didn't realize banks went back that far
@Naomi Flowerlove RIP
To make it even better, use your connections to avoid having your bank be regulated like a bank
Also, don't give your money to people who brag about their recreational amphetamine use. There is no such thing as recreational amphetamine use.
The people who called this guy the next Warren Buffett are the same people who called Elizabeth Holmes the next Steve Jobs.
Exactly 👍
Yup FTX is just crypto Theranos: a fraudulent company propped up by Silicon Valley, Wall Street and government/government adjacent entities with vested interests to see it succeed but lacking the will to do any oversight.
More like Warren Buffoon. Lmao. 😂
I honestly hope they don't regulate the crypto industry.
Imo if people want to be high risk investor's they should be free to mail all their money to some random Incel .
@@patrickbaklava7297 pretty sure mah boy wasn t an incel after making Bank maaannnn
I'm just throwing away all my money. I don't want it anymore. too complicated
Don't worry buddy, I can take it off your hands
Good to see you’re still around!!
That's the way. If ppl could only realize it's the money creating the problems.
NFT is scam
Rusty always has the best takes guillotine your money!!!
Dan's comment from "Line Goes Up" saying that crypto bros saw the 2008 collapse and didn't think "That was BAD, should try to prevent that" but rather thought "How could I have been the winner that pulled out juuust right" looks very, very on point here.
I love that video. I really should go back and watch it again.
@@blakksheep736Watched it so much. Line Goes Up is probably my favorite video essay out there.
@@average_deltarune_fan666 😄
"That is not a 'poor judgement call', it is theft and fraud."
Coffeezilla telling it like it is.
Yep another Zombie 🧟♂️.
When he said "that is not a poor judgement call" i mentally followed with "it's a fraud" but he followed with "it is theft". I thought, oh it's not fraud? Then he added "and fraud" and i was like "ooh, i was just too early to the party".
YOU ON TRENDING, PLAYA! DEATH TO BS CRYPTO SCAMS
@@mikehoncho2798 SBF Jews too?
@@mikehoncho2798 No he wasn't. Fraud is committed by people of all backgrounds. Take your tired anti-semitism elsewhere.
He's so "generous" that he likes to give your money away especially to himself. What a nice guy.
Before this crazy saga began, I used to think this guy was a woman in her mid 40s. Being generous would have meant something different
It’s nearly impossible to be a billionaire and be generous, since to get to that position, you generally need to be fairly ruthless at your job to get there
@Ben David theres always someone said democrat or republican in yt comment, you american are a joke😂
Nah Nah Nah The Guy Will Be Like Farquad from shrek "Many of you will die but That's a sacrifice I Am willing to make" Applause 😭
Because Sovereignity
Guess what Sam Bankman-Fried's ethnicity is? 🤡 He's going to get away with it easy.
Dont call them kids, dont do that.
they are adults and new exactly what they were doin
i mean, yeah technically they're adults, and they're going to be punished accordingly, but these are just a bunch of dumb kids. Anyone stupid enough to trust htem with their money.. well, you know what they say.. a fool and his money is soon parted.
Know*
Like is a very important word. Coffee was quoting other people but when you say someone is like something. You're not saying they _are_ that thing, but that they're sharing the behavior or appearance of that thing. So they're adults behaving like kids.
They're just a bunch of 30-year-old kids.
@@craigstoner2632knew*
The more and more I hear about this story, the more and more I am just dumbfounded at how human ego and vulnerable gullible people are a horrible mix.
The 1800s had snake oil salesmen, the 1700s had the witch trials, and so on. Evil people have been lifting coin from the dumb masses since the dawn of currency.
FTX or once again the old saying "A fool and his money are soon parted" became true.
greed....the ultimate cognitive bias
Don't forget politics. There were a lot of outside forces that allowed this to go on because they were getting rich off SBF.
@@ericheick7044 Stop sugar coating it with "outside forces" and say it as it is: the Democrat party. They received over $1 BILLION in donations from this guy.
The real drama begins when Congress hauls him in, and Coffeezilla appears as an expert witness.
Congress if still in Dems hands will not call him in as this story leads to corruption of Ukraine funds and kickbacks to large political names, IMHO
They won't do that, they were working with him. He was their main campaign donor
@@wootdoo yeah...no. This will be looked at. And he was far from anyone's biggest anything.
Lmao
W
Just saying “I’m sorry” isn’t the same thing as being accountable
ikr like how can he escape this with personal millions when $billions are wiped out. i bet he himself pulled his money out as it went south. this is criminal.
I hope coffee can trace some of SBF's not really personal accounts
It is a little bit. More accountable than not apologizing. LMAO.
@Hunter Vonnegut Rich people only face consequences when they steal from other rich people. In this case, He stole from ultra rich people, like black rock, so he's f*cked.
Do it like BP and make an ad campaign to say your sorry. With TV ads and stuff.
especially not when you get on your private jet and try to escape to dubai a few hours after you said sorry lmao
The fact that they let him bail out of jail with other people's money that are losing every penny is crazy to me
Those criminals *NEEDS* to go to *JAIL* !
Best they can do is a panel at the NYT summit.
Good news!
My god, it's just dawned on me that Coffee is actually at this point a serious journalist.
He gets insider knowledge, he gets scoops and he does the work.
This is blessed.
We need more people like Coffee.
Always has been
Wow it’s almost like that’s always been the goal since this channels inception, amazing.
@@Jushwa don't talk in reddit.
coffee had nowhere near the stature and authority that he has now
@@HT.100 hur dur “he has more subs so now he’s a real journalist “
"I'm sorry, I fucked up" isn't taking responsibility. If I was dying of thirst, & Dasani handed me an empty glass & told me it'll have water in it eventually, & they're sorry, I'm still dying of thirst. SBF is a liar & a thief & may as well change his last names to Madoff.
I just can’t even breathe thinking how something like this can happen to people and how people can even do this to others. So sad. So much shame.
I’m laughing because crypto and nfts are the dumbest thing to invest on it’s not real never will be and can and will tank as shown with either the currency or the website
I can't breathe from laughing at all these clowns
He was so generous, he gave away his customers money!
To himself ?
it's easy to be generous when the money is not yours
Kind of like "that's a sacrifice am willing to make" lord farquaad.
😂😂
@@mikkokarkkainen2807 To the democrat party
the funniest thing about the crypto scene is how it's literally just a speedrun of the history of scams and fraud, it's like the tiktok version of last century's economy
Yup.. Traditional finance is what, like 100 years old? Crypto is around 15. And we're making the exact same mistakes as trad did. If not worse.
Bottom line is, it is bound to happen. Just by looking at facts. History tends to repeat itself. And it will make the industry stronger long term. Short term.. Not so much 😅
At least these scams are allowed to blow up.
@@adambreezy251 I can’t see more new people investing into crypto after this. The main reason to invest into crypto was because it is unregulated, secure, and through the blockchain, but when a crypto trading site CEO moves it into worthless crypto it just makes every outsider think it’s a even more of a scam. Crypto barely has uses as is
@@justeezy8569 Legitimate Defi and DEX's. Trillions get traded via Uniswap, no issues in 3 years. Crypto was invented* to get ride of middlemen and counter-party risk.
"1 billion in liquid assets, 9 billion in liabilities"
Pretty much the story of my life.
Mine also, but with less zeros.
Usually when a person talks about how "Good of a person they are" the more likely they are not a good person.
"I have the money, but not right now" is a weird way of saying "Someone else has the money, but I'm pretty sure I can get it from them".
"I had the money (which was yours), but I gambled it away and now I don't have it anymore."
@@magmasunburst9331 slicker?
@@kazumakariama Lol. I can't believe all those people were stupid enough to give him that much money
@@magmasunburst9331 AAAaaaaaaaand it's gone
the statement can be true, such as in the case of someone trying to use credit card at a cash-only store, or when someone goes out -of-town to shop but forgets to notify the bank to enable credit card usage.
of course, that's not what's happening here.
What a fun story. "You can't trust the system, man... give your money to this random dude instead. Trust me bro."
Exactly!
Irony is him having "Bankman" in his name ☠
Exactly, people complain left and right about the gov but what they fail to realise is the regulated banks and the gov would never ever have something like this occur. Since as we know now this involved even in this are having some serious consequences.
In her defense, "regular amphetamine use" constitutes the average ADHD prescription.
Yeah, this shit is saving my life
Yes literally an adderal joke.
That’s a pretty funny way of wording it. I like it
The tweet at 15:43 doesn't sound to me like it was a medical necessity. But I'm not a native speaker so there might be a language barrier.
From the way she talked about it though it's pretty clear it's not like that.
Well - this has aged well
It kept aging better and better
“Hey we have the money.”
“We need to fundraise nearly the exact amount we owe people.”
Shades of the savings-and-loan debacle in the late 1980s.
"We invested in GOODWILL. We bailed out our buddies and if we have a problem they'll bail us out."
No. No, they won't.
@@zimriel welll kind of never rely on another but dont go forsaking a hand on your back near a cliff but still watch the hand so it doesnt shove ya
It's not too hard to be generous when it's someone else's money.
Guess what Sam Bankman-Fried's ethnicity is? 🤡 He's going to get away with it easy.
@@jucyboi I think his political donations are what is going to save him not what slightly different version of the same story he believes in
Biden has been doing this since he got to office.
Tell that to the democrats.
Scammers are always generous
As soon as I stopped being such a greedy person I gravitated toward coffeezillas videos. Dudes a good guy
It’s just so wild how all these famous people got on board with them.. it’s like Fyre Fest x 1,000
"I've never seen a CEO take accountability before." Wait, did this guy not remember when the man, the myth, the legend, Satoru Iwata cut his own pay in half to save his employees when he admitted his Wii U idea was a failure and took responsibility to prevent any layoffs????
yeah but thats japan where people actually have integrity
@@jasonpeng5798 not Sony lmao
We wont get those CEO's anymore, since Japan removed a bunch of restrictions on its stock market.
@@jasonpeng5798 Japan corporate literally drove people to suicide lmao. I do love out of touch weebs worshipping japan not knowing how fuck up most of their working conditions are
That guy isn't built like other CEOs
"Oh look, we got hacked, all the money is gone"
- CEO of exchange going insolvent.
More like
“”- CEO of exchange going insolvent.
They didn't get hacked though. They just wasted all the money.
"Whoopsie!"- SBF
@G T you haven't been paying attention. The latest development is that they've been "hacked" and 600 million was transferred last night.
It's unhackable 😂
not into finances/crypto or whatever BUT this subject had caught my interest and i jumped into the YT rabbit hole and i have to say out of all the stuff i have watched you have covered this shitstorm better than anyone including multi million dollar international media organisations! like your unbiased factual approach and the way you admit when you don't know something to be 100% factual.
liked & subscribed👍
I mean the big MSMs are owned by FTXs biggest benefactors so they aren’t gonna say anything lmfao. The trial will come and go and this will be swept under the rug no one of any importance will be punished sadly.
As Will Rodgers once said, “I am more interested in the return of my money, then the return on my money”. These thieves belong in jail, the only question is why are they not under arrest???
Reminds me of Enron using its own stock as collateral to hide its own debt
Enrons lawyer is involved now trying to smooth things over and get these guys out of trouble. This is crazy!
Not even close to the same thing.. its like saying "this reminds me of wirecard" or "this is just like theranos" only cuz its another fruad case..
@@likemysnopp thats exactly what it is tho
Read this as Elon instead of Enron and thought - probably accurate.
Probably had the same Enron on staff too.
Coffee you're the only one tracking this stuff at such a high quality. Thank you! He ought to go to prison.
Did anyone who caused or was involved in the 2008 financial crisis goto jail? What he's done /doing is quasi legal as crypto is UNREGULATED and is not under the purview of the SEC , FTC or any other government body !!! Don't hold your breath on ever seeing this guy ever again!!!!
Patrick Boyle has a finance background and covers it really well too
@@NathanHedglin He covered the wood nymph angle quite thoroughly.
Ignorance is bliss and it's also cute you only watch coffezilla to say something like this. Do you own research and don't comment something that'll come back and bite.
So should the people that have ran the FED since it's inception.
"Welcome to the future, it sucks here" No truer words were spoken.
Great reporting. Honest about facts. The biggest fault the masses have, is not being able to separate what they KNOW, from what they BELIEVE
13:29 _"Isn't it awfully convenient that you're suddenly bad at your job, when it would be criminal if you actually knew?"_ - this is exactly the sort of thing the prosecution is going to throw at him. There is no possible way he can get away with this.
Objection. Speculation.
Several US politicians have escaped prosecution with that exact claim.
Especially when it seems likely that Sam, Gary and the director of engineering fled the country together and are sorta-kinda arrested in the Bahamas...
@@sykesdenali2 They can get away with it. This FTX dude was "a genius".
@@sykesdenali2
But he may end up getting prosecuted in the Bahamas, not the US.
Ever since this crisis came out people have been making jokes/sarcastic comments about the Bahamas and shady organisations.
The Bahamas government is going to HATE that, it's not exactly a good look now the country.
They are going the hammer him as hard as they can in the courts to try to regain their countries credibility.
Bankman-Fried has to be the best name at the heart of any financial scandal I've seen!
sam bankman-fraud, sam bankman-fired, sam bankman-bankrupt this game is fun!
Sam Bankman-Fried-Fraud-Jailed ....!!!
Up there with Madoff.
More like Bankman Fleed To Buenos Aires
Scam Bankman Fraud
Honestly watching silicon valley may be the best thing to do before starting a tech company
Books would be better
Don’t expect someone to take care of their business if they can’t even take care of themselves.
This whole story is becoming the conversation between the optimist and pessimist. The pessimist says, "it can't any worse than this.", but the optimist replies, "Oh, yes it can."
Wait, isn’t it the other way around?
@@Kaebuki Yes it is.
@@Kaebuki I like how it sounds this way though 😂
Bahahaha
Or rather, P: this is the worst case scenario. O: no it’s not
This why you never take sponsorships or financial advice from YT or influencers. It’s in their interest not yours. Due diligence always
I'm a CPA. When people don't listen to my basics about crypto, I tell them to ask their dad
He got greedy, wanted to tint his Toyota
When I see fraud I always see then explain what they are doing as if someone else is doing it. A lot of time that's the angle they use when trying to get people to go along with them. They explain a scam they have a lot of knowledge about and how the method they use is different and that's when they start using words to make it seem like they are on the side of the people they want to take advantage of.
This is so much more intense than I thought it was, coding a 'back-door' into financial reporting of your own company is the most sus thing I've ever heard anyone at a company do, holy crap
It's commonly found in companies where some form of tax evasion, money laundering, fraud and/or embezzlement has happened. And there are also more crooked companies than comes to light.
SBF: It's my platform. I get to put in whatever *feature* I desire.
With that in mind, there's no chance that regulators would have prevented most of this mess from happening anyway.
I was told by a very credible source that such a back door exists at Disney's holding company. Money moves instantly and undetected between trading companies in order to improve the financial position of whichever company is currently under examination.
@@hb1338 There's a backdoor in Windows 10 OS.
Try log in: back$door
psw: OpenSaysMe
Coffee videos go hard man!
Just got intel from HQ eta five minutes to bed time boys let’s wrap it up
Stone Mountain loved ur vids since I was a wee lad
Holy shit! it's Stone!
frfr ong
Almost as hard as I go after my morning coffee w/ Coffeezilla 💩
Just as a mini update: I heard in the news yesterday that 5 of the senators who voted against a govt probe of FTX actually had received donations from FTX!!🤔🤨
Politicians ruin everything
That's insane that the criminal CEO can casually flee to another company while this all is happening. Such allegations (especially while filing bankrupcy) should put the CEO at travel restriction to see if he is found to be guilty of fraud.
Unfortunately, he has to be arrested and charged first; only a judge can order your passport taken and restrict your movements. But as we all know, U.S. Law enforcement has looooong reach. Like what they did to the FIFA directors in 2015 while they were having meetings in Zurich.
Argentina has an extradition treaty with the US
These types are also the types to get fake passports to flee or find a country willing to help them flee
He's the second biggest donor to the democrats. It's possible that he'll get away with it.
That's why he left when he did. Before any restrictions or penalities ever could manifest
Seeing Coffee going from 2020 to 2022 is just so inspiring
I invested in coffee on the ground floor ☕️ 🌝
Props to those who were here before the beard
Started watching in 2019 the expose of dan lok. So proud of him.
@@Wa7edmenalnass I was watching coffee in 1904, get on my level noob
@@EmperorDionx Watching him expose tulip mania as early as 1636 and withstanding all the accusations of 'fud' only to be proven right was impressive. I've been a fan ever since.
When he literally described what fox did in front of congress I was geeking
15:39 *YIKES!* Imagine That coming at you, high on crank, demanding some Smush-Smush...lololol
SBF was worth billions and gave it all away. He really is the most generous man in the world
Gave it all away to a pension fund in Argentina and a mansion next to that of grandkids of Nazis
Wasn't his money he gave away. It was OPM without their consent.
@@henrim9348 *whoosh*
even making the donation on behalf of the funds owner, truly a generous guy
Look if you have a random youtuber with a random cryptobro saying he is the most generous billionaire in the world, that should be a red flag. No matter if blackrock loaned(invested) him money or whatever.
The industry: "This cant get any worse!"
The narrator: "...And then it got worse."
Crypto bankruptcies are basically like russian history, except people are stupid enough to do it voluntarily.
I can hear Peter Dinklage's voice in that :)))
"How could this possibly get worse?"
*That's when he knew, he fucked up*
I heard that in Morgan Freemans voice. It takes some of the sting out.
Bitcoin maximalists are loving this. They're vindicated. Hold your own keys.
"welcome to the future, it sucks here" pretty much sums everything up very nicely
The difference between Robin Hood and Sam Bankman-Fried is Hood stole money from the rich whereas Bankman-Fried stole from rich and poor.
There is a reason why TH-camrs are starting to get paid the real BIG BUCKS. The amount of effort and research power that goes in videos like this is legendary. More power to you my man.
Coffee is essentially an crime reporter now.
That and shady sponsorships.
Lol does checking your Twitter feed on the couch count as "research power"? Thank Bloomberg and Forbes and the other journalists who have... umm... ya know... better Twitter feeds? Ok I give up you may be right.
No, that is not true. Coffee might be good in his job, most youtubers are just useless.
Not just TH-camrs but sport arenas and pro athletes
I only just started watching this guy but the fact that he has every reason to be smug right now and chooses to just present the facts honestly makes me like him.
If you like this then check out the Save the Kids videos he did with Mutahar (Some Ordinary Gamers).
@@metalninja2474 this is how I found this man and damn that was a banging series
I also recommend Roobet house of cards
@@Dave_Kerman oh yeah, tons of bangers
“Welcome to the future, IT SUCKS HERE”
9:12 Referring to it as an Incestuous Relationship really got me LMAO
I’ve seen the “I’ve been hacked just now!” excuse from people posting nudes or slurs on social media, but never from multi-billionaires owning financial market makers
Seems quite likely that this supposed "hack" was part of a pre-planned rug-pull style exit strategy that SBF had built into the system along with the backdoor.
Do you even know what a rug-pull is? This has nothing to do with such thing. This was a normal "hack scam" situation. We saw this time and time again with other exchanges and projects. Some were even done by white hats.
The rug pull is just pumping up an asset and afterwards removing the liquidity and running away.
Backdoor aka admin access.
Sad part is all of the money won’t be gathered. It’s just going to wisp away into thin air.
Even if he is arrested and everyone else found guilty as well. Still not gonna be fully gathered
LMAO, he built in his own 'fail safe'.
Have been following this series. Such a great job you’ve done on this serjesz
Let this be a lesson. If someone comes out and says, "everything is fine", get out immediately because everything is NOT fine.
That s what my ex lawyer told me to! My sicilian mother in law bribed him in Belgium
The 'hack' is 100% an inside job. Even if their codebase got hacked, the hacker would also need to have access to their Apple & Google accounts in order to push the update in the app stores. I'd imagine only a number of people would have access to those e.g. SBF, CTO and other technical people very high up on the chain
It's actually incredible that so many people are only now discovering lying...
It's fascinating that people are so stupid, and also hilarious.
Cryptobros get blinded by the shiny new tech and forget about how real life economy works.
It's OK, Spencer Cornelia will be by to defend them....
Provided they're his friends and associates.
They never heard of the Talmud
@@agentsnorlson7913 I thought he was busy defending Andrew Tates Hustler University totally legitimate multi level affiliate marketing
"WELCOME TO THE FUTURE, IT SUCKS HERE"
more true words have never been spoken
Scammers became the new bankers but even worse without regulations
"Was all this legal? Absolutely f**king not"
- the wolf of wall street
At his point Jordan Belfort looks legit, relatively speaking.
Just saw Spencer's video on this whole situation and Coffee's resulting comment. Pretty disappointed in Spence, feels like his POV is a bit of coping that some of his friends made a decision around promotion. Appreciating how consistent Coffee is when holding people accountable. Still undefeated.
Spencer seems a little to close to this issue in regards to his ‘friends’ being involved. He doesn’t want to burn them bridges or criticise his mates, regardless on how bad it reflects on his credibility. Lie with dogs, get fleas.
He's just D riding his social media pals. Doesn't wanna piss them off
That’s funny, because those same pals are D riding him so he won’t expose them! 😂
Spencer would of definitely promoted FTX/Alameda if offered a sponsorship!
its expected from a guy that claims to be exposing fake gurus and scammers yet promotes established titles
The hacker was SBF himself l, it's like a Scooby-Doo episode
I will never not laugh at cryptobros getting scammed on the "super secure, ultra transparent" block chain.
I feel like Coffee deserves his own series on Netflix.
They did come to him, lol he said it in a video, let's just say he's better off here
Wouldn't that be a downgrade?
He gets more views here
1 mil views in less than 24h
Netflix is sus
Crypto has a long track record of stuff like this happening then the CEO ends up faking their death while millions suddenly disappear. Wonder if that’ll happen here.
unlikely, the CEO is a swampspawn and pumped alot of the stolen money into the DNC...
Yeah. Anyone losing their money in this is a moron. Not your keys, not your Bitcoin.
Good riddance.
He can just go to Israel
That's not crypto. That's scum running exchanges.
If only anyone had played or heard of EVE Online and its many, many, many scams
That guy knew all along what he was doing. He figured out the Banks got away with it in 2008 and did it in an even more complicated manner. It just caught up to him. It will be interesting to see if they can ever recover the funds stolen and whether or not he goes to jail. I'm sure he figured if the bankers got away with it, he can too
Just saying “I’m sorry” isn’t the same thing as being accountable absolutely
Gotta love how SBF's tweet is structured exactly like an "I'm fine. Everything is fine." meme
"I'm fine...hey do you like have $10B you can lend me..and like right away..."
My homeboy just hipped me to your channel. Immediate subscribe.
Okay, I am more convinced of stuffing physical money under my bed.
Pfff. Under the bed? Amateur. I just stuff my mattress with the money.
@@diestormlie rookie, a ripped mattress has less value XD
Fools, i have filled my airmatress with the real gold wilst hiding fake bars under my "bed" bed.
@@felicityhoneycutt8570 I just fill my pillows with half feathers and half gold bullion. It isn't very comfortable, but will give you something to think about before you go to bed.
Guns silver real estate tesla stock First Majectic silver stock all good investments
This guy really saw the 2008 collapse and said "hey, I want a piece of that mess"
LMAO, he wanted a piece of the collapses of the late 1800s (which were far worse than 2008 because there was almost no regulation at that time).
Yeah. I'm kinda thankful that I didn't enter crypto now. I didn't understand why regulations were necessary at the time.
I was right all along crypto is like buying a pet rock
It's like buying a star 🤣🤣🤣
Even buying a pet rock is quite more fun & more useful
anyone who invest in crypto is dumbfunded
The value of crypto fluctuates a lot due to speculation. This case is about a fraudulent crypto *exchange*. This wasn't even a "rug pull" (pump and dumb scheme); it was just outright fraud/theft.
Atleast you own the pet rock
No you weren't.
Well the problem here is people trust the word of a CEO without any proof.
Amazing. These videos are better than anything mainstream media is putting out. Keep up the good work
Not really.. its just a little bit different but still same information
@@likemysnopp the media is trash
Next up. Spencer Cornelia saying it's no one's fault. 😂
Hahaha forreal!
Hahahahha 🤣
I wouldn't be surprised
One thing I highly recommend: reading John Ray's (the guy who restructured Enron) bankruptcy filing. My takeaway was: what else is there? Is there another shoe waiting to drop?
I gotta say your videos are some of the only ones that watch all the way through Mainly because I don't ever get bored You're very good at engaging your fans
Listening to someone lecture people on finance when they deal in vapor ware and have their exchange "hacked" is laughable at best
One minute of listening to that imbecile Caroline would have told me all I need to know to stay as far away from these clowns as possible.
Imagine trusting some guy that looks like he can't even clean his ass right. Scammers come in all forms and shapes, but this dude looked sus af.
lmfao fr tho
He looks like the son of Michael from GTA5. Apparently also just as competent
@@idontcare9041 Jizzle
I could tell he was full of shit.
KanYe is right!
It's all sort of tragic but it's very amusing. What were these people expected going to happen. They bought into something they did not understand.
thnks buddie , best explanation i've listen by far clear , understandable and accurate as it looks , thnks again
1:13 "Flights to Argentina", sounds like some other people, after the 40's
FTX is entirely Jewish
First, we have extradition treaty with US. Second, those guys from the 40s went not only to Argentina they went all over South America with German comunitys connections that come before 1900, and they hide (we had the third population of jewish in the continten and 5 in the world) we didn´t put them to work on high positions like Wernher von Braun in NASA.I know you like to take your history facts from television shows and internet, but i would do a little bit more of research about the matter. Third and most important we are not the ones with white supremacists and more than 900 neonazis groups walking proudly in some parts of your country and definetly not the ones creating bubbles that fuck the econmy of people in the entire world.
You are like our detective from the 70s who just wouldn't let shit go until the truth is told, incorruptible, and needs some sleep. Get some sleep brother, we need you later. Bless and love 🙏❤
CoffeeZilla...Columbian Coffee... Columb..o.... "just one more thing" 😅
How long has he been on FTX’s trail? I don’t regularly watch the channel. I mean this is all hindsight now though if he was casting light on it when the signs first showed (6 months ago) I’d like to watch those videos.
He kinda dresses like one too. He needs a fedora
@Rick Wilkinson Do you mean CofeeZilla covering Matt Levine’s interview where Levine calls out SBF on yield farming as being a Ponzi scheme? That’s certainly not “calling the crash”. Still good to see him cover it.
9:05 In accounting, possible is 20-30% while probable is 31-60%(I think the numbers aren't accurate but basically, probable is more than possible)
"Welcome to the future! It sucks here!" Truest words never spoken
wait a minute. does coffeezilla have a fucking wardrobe where he always dresses up like a 1950s detective on his job, every day?
It's all CGI
Ya bro people bought everything on his amazon wishlist he has a sherlock outfit as well
@@brian7android985 yes, he is naked and painted in green.
it's a white dress shirt and suspenders...
No time to change clothes when you work that hard.
Placing risky bets with borrowed money secured with valueless collateral. What could possibly go wrong?