ColdFusion
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.
» ColdFusion Discord: https://discord.gg/coldfusion
» Twitter | @ColdFusion_TV
» Instagram | coldfusiontv
» Facebook | https://www.facebook.com/ColdFusioncollective
»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.coindesk.com/policy/2022/11/09/ftx-faces-us-justice-department-probe-report/
https://www.visualcapitalist.com/biggest-donors-2022-midterm-elections/
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://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit
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://www.bbc.com/news/technology-63612489
https://twitter.com/AutismCapital/status/1590779299946442753?t=iIemPUWnkIvlDWPMPdzwBQ&s=19
https://www.bbc.com/news/technology-63612489
https://fortune.com/2022/11/13/sam-bankman-fried-alameda-research-who-is-caroline-ellison/
Producer: Dagogo Altraide
Guaranteed this whole story will be made into a movie one day.
Do a story on the idiots who lent musk billions to buy them bankrupt twitter.
He doesn't lost what he never had.
25:12 except he probably has a ledger with 2.6billion hidden somewhere still
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!
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
He donated to the Democrats, not politicians, be truthful don't lie.
Sounds like to me all of the people at FTX and Alameda that have broken any laws need to be behind bars .
I was waiting for this video.. thanks bro !!
Dem (and RINO) Slush Fund look away poors
Real good production
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.
Wow. GREAT breakdown, fantastic research.
it's funny how it always "not about the politics" when it's democrats getting paid off
Ohhh so he created FTT out of thin air just like the federal reserve creates dollars !
STEVEN CURRY?
1) What
I wonder if Brady's investment mentioned at 10:22, and the overall involvement of the couple, didn't partly motivate their recent divorce. Great story telling as always by the way 👏🏿
"Don't trust the banks!" – Crypto Bros
gives money to someone literally called bankman
Ya, I going stay make money the good old fashioned way. Hustle hard and save in a IRA , and 401K through my employer #squareroute
BEST THING IS TO STAY AWAY FROM CRYPTO. THEY ARE RUNNED BY SYNDICATES
~Enjoy capitalism~
I'm stunned that ugly girl can have a partner,how it is possible she had more than one i wouldnt touch that thing even if someone payed me 👽
I have a crystal ball-All the missing money went into political donations to the DNC and they will hold these kids accountable, but either parole or presidential pardon 😉
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.
Crypto coins are and have always been a scam. The people sell are them crooks and the people who buy are greedy fools.
That he stole from his clients
Earn to give others people money to the DNC. That sums it all up.😂😂😂
Hmmm …
Bankman-Fried was born in 1992 on the campus of Stanford University into a family of academics. He is Jewish. He is the son of Barbara Fried and Joseph Bankman, both professors at Stanford Law School.
https://en.m.wikipedia.org/wiki/Sam_Bankman-Fried
American politicians and American Finance is nothing but a scam ~ they enrich themselves while screwing everyone else !
Binance letting Iran trade just makes me like them more
Punch of kids playing with billions of dollars what are you expecting 😂😂😂😂 it’s not their fault it’s stupid investors fault
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"😆😆
I'm so tired of the bullshit line "If you are an investor, only put in money you are willing to lose"
HOW ABOUT DONT FOK AROUND WITH INVESTOR'S MONEY
Omg that laugh there’s no way I could stop laughing
It was set to fail to put crypto in a bad light making way for the 'safer, more secure' cbdc?
Great work! I was looking forward to your video about this and I’m surprised it is out so fast. Get some sleep!