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The FTX Disaster is Deeper Than you Think

In this episode we take a deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation.

Theranos: https://www.youtube.com/watch?v=3CccfnRpPtM

Enron: https://www.youtube.com/watch?v=e5qC1YGRMKI

Onecoin: https://www.youtube.com/watch?v=64xcgvEJ3Ys

Worldcom: https://www.youtube.com/watch?v=u_rfIboPyYs

Luna: https://www.youtube.com/watch?v=3KZY41SqaTI

Closing Track: https://www.youtube.com/watch?v=MYOlFM3Dlz4

— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

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»PODCAST:https://www.youtube.com/channel/UC6jKUaNXSnuW52CxexLcOJg

//Soundtrack//

Burn Water – Take Flight (Bon Iver Flip)

Giyo – Are the Animals Gone

The-light-feat-kingpinguin-zachary-david

frames – IN VIA – 04 Calm Wisdom

Cahb – Secrets

Deccies – Subtle

David Keno – Golden Ticket

In the Waiting – Johannes Bornlof

Female – Grvty

Universal – Matt Fax

Gem Club – First Weeks

Passage of Time

Mogwai – golden_porsche

Burn Water – Adomania

Sources:

https://www.gawker.com/money/are-these-caroline-ellisons-tumblrs

https://www.afr.com/technology/ftx-hack-likely-an-inside-job-as-339m-frozen-in-three-wallets-20221115-p5bygm

https://www.coindesk.com/policy/2022/11/09/ftx-faces-us-justice-department-probe-report/

https://www.visualcapitalist.com/biggest-donors-2022-midterm-elections/

https://fortune.com/2022/11/09/sam-bankman-fried-14-billion-wiped-from-personal-wealth-overnight-ftx-bailout-deal-binance/

https://www.smh.com.au/business/entrepreneurship/robin-hood-of-crypto-the-30-year-old-billionaire-who-wants-to-give-his-fortune-away-20220404-p5aaky.html

https://www.milkroad.com/p/binance-vs-ftx-heres-happened-weekend’

https://techcrunch.com/2022/11/09/sequoia-capital-marks-its-ftx-investment-down-to-zero-dollars/

https://techcrunch.com/2022/11/14/softbank-ftx-crypto/

https://www.axios.com/2022/11/12/ftx-terms-service-trading-customer-funds

https://www.wsj.com/livecoverage/stock-market-news-today-11-11-2022/card/ftx-paid-250-million-to-a-related-party-in-2021-N5yX9Z6NPx6rdmIXWSer

https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit

https://www.coindesk.com/layer2/2022/11/08/the-story-of-sam-bankman-frieds-backroom-deal-with-binances-cz/

https://www.coindesk.com/layer2/2022/10/25/is-sbf-right-about-defi-regulation/

https://cryptoslate.com/ftx-hacker-is-now-one-of-the-largest-eth-holders/

https://www.milkroad.com/p/goes-sbf

https://fourweekmba.com/how-does-ftx-work-and-make-money/

https://coinmarketcap.com/alexandria/article/what-is-ftx-token-ftt-features-tokenomics-and-price-prediction

https://www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/

https://www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/

https://www.nbcnews.com/news/epic-fall-sam-bankman-fried-was-hailed-crypto-genius-clients-saw-smoke-rcna56583

https://www.bbc.com/news/technology-63612489

https://twitter.com/AutismCapital/status/1590779299946442753?t=iIemPUWnkIvlDWPMPdzwBQ&s=19

https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/?sh=5a804f7c1d26

https://www.bbc.com/news/technology-63612489

https://www.nbcnews.com/news/epic-fall-sam-bankman-fried-was-hailed-crypto-genius-clients-saw-smoke-rcna56583

https://www.zerohedge.com/markets/ftx-held-just-900mm-liquid-assets-vs-9bn-liabilities-video-emerges-confirming-alameda-knew

https://coinmarketcap.com/alexandria/article/what-is-ftx-token-ftt-features-tokenomics-and-price-prediction

https://fortune.com/2022/11/13/sam-bankman-fried-alameda-research-who-is-caroline-ellison/

https://jewishinsider.com/2021/07/the-young-crypto-billionaire-who-wants-to-change-political-fundraising/

https://www.msn.com/en-us/money/markets/ftx-collapse-sam-bankman-fried-questioned-by-police-crypto-market-wobbles/ar-AA145tsF

https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/?sh=5a804f7c1d26

Producer: Dagogo Altraide

Written by ColdFusion

Hi, my name is Dagogo Altraide and I create and narrate all the videos on here.This channel aims to let you experience the cutting edge of the world around us in a relaxed atmosphere where you can feel at home and have fun. Learn the captivating stories about how our world came to be and also learn what's happening in the cutting edge today.

Comments

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  1. Smh… be smart and very few, if any people will care and/or notice it. Pretend to be smart and market it, and persons and companies will throw millions at you! What a world! If by some weird or twisted way, reincarnation or afterlife exists, I don't wanna come back to this world! Ever!

    So this fluffer lost 32 billion dollars!!! If I would lose even 100 dollars of my employers money, or if I was on social welfare and cheated so that I would get even a 100 dollars extra, there would be consequences! But not for this fluffer!
    For me the sensmorale of this is that if one messes up small, then be sure that consequences will follow! BUT if you mess up in a astronomic way, guess what… NOTHING will happen to you!

  2. The FBI came all the way to Dubai to hijack a Nigerian based online scammer Hushpupi and recently sentenced him to 11 years and he allegedly scammed people of about 50 million dollars , Now this American boy scammed not jst America but the whole world of at least 10 billion dollars and I'm 100% sure he won't spend a single day in prison . People lost their whole savings , crypto startups all over the world are shutting down cos of this guy . Where is the justice

  3. Being in Ontario myself, I had a quick look at the Teachers Pension plan losing 95 million. Turns out their assets are in the 200 BILLION range, so losing 0,05% is probably not a very big deal.

  4. when you leave out bull markets and bear market cycles, each action like "he got 210 million dollars while playing LoL" makes things sound more amazing than they are.

    you need to provide key info like overall market climate when explaining things like this.

  5. This video felt much like a thriller based on real events and filmed X years later.. a bit like "American Made", "Lord of War" or "Wolf of Wall Street"😆😆

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