FTX, Sam Bankman-Fried and Crypto bros all have united in having the worst day of their lives. One of the largest exchanges has been hacked, bankrupt and hundreds of millions have been kept away from the people who’ve been impacted the most. What’s next? Let’s find out! Thanks for watching!
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It’s really only for when shit hits the fan and we’re all banned from big tech, I can still reach you to share important updates and info.
SomeOrdinaryGamers
My 5 year old son also hasn't had school all week because the school's system was hacked into and shutdown. Guess they want ransom for the restoration of the school's system. And it's more than one school district that's being harmed right now in the area.
the tech behind crypto isn't cool or revolutionary FFS.
Crypto is an unworkable solution to a problem that doesn't exist, based on 'innovative' technology that offers nothing new.
I wonder how much governments have been losing, seeing how so many are adopting and stealing assets.
My favorite part is that politicians voted to send billions to Ukraine, and then apparently that money was invested in FTX, and then the FTX bros were in the top 10 donors to both parties (Bankman himself #2 after Soros). Nothing sketchy going on here! It isn't as if the Pandora Papers revealed Zelensky had hundreds of millions in offshore accounts and we could have seen something like this coming miles away.part of this scandal is the web of interpersonal connections amongst those involved. The fact that Fried’s mom is part of a super pac and his aunt is part of the WEF, there’s just too much. Bankman himself was the second highest donor to Democrats for the 2022 US mid terms with 40million, number one was George Soros. He also planned on donating a billion in 2024
OY VEY gods chosen people at it again.
So does anyone else think it's a coincidence that a few months ago Sam Bankman did an interview where he states he wants to give all his money away?? And now he's been hacked and bankrupt. Now I'm confused 😕
I have no idea whats happening
this is like the 5th video in 3 months
One of these days cryptobros like Muta will realize there is no "cool technology" just a trash data structure and pixie dust
This sounds sus the possibility could be there that the people going through bankruptcy are hacking themselves to pocket the cash and leave I am not saying that's what is happening but given the coincidence I think I wouldn't be mistaken to say that's a possibility.
Why in thumbnails it always looks like Mutha is wearing a durag not hat
I also wonder where some of the money from FTX went to. Hmmmmmmm
3:15 If they both used the same 2 factor, the SIM CARD could have been spoofed. Once they hack one log in they have the other hacked too, they can verify the SMS text messages for 2 factor. If you use 2 factor that relies on Call/text IT CAN BE HACKED THEY CAN SPOOF YOUR SIM CARD AND RECEIVE YOUR VERIFICATION TEXTS.
Nothing will happen to SBF, he has way too many connections, at best he’ll get 36 months in prison and the money will certainly never be seen again.
Any loss in Cropto is always ALWAYS a W
wait, was this worse than mt gox? oooooo
I don't understand any of this from a tech standpoint but watching muta explain all of it and the Why part is fun
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Is binance okay 💀👍🏼?
Hate to disagree, but crypto isn't 'advanced technology' and it was scumbags from the start. It's a bad and slow database system that isn't generally used for a reason.
I'll make my own currency, and it'll have blackjack & hookers!
I'll call it, BITch COIN.
those tweets remind me of Major Campbell on MGS2 lol
wanna know where all the money went? israel bonds. just like madoff. it wasn't as a hack, it was a cleanup.
Meanwhile, blissfully ignorant, you spend all day every day being fleeced by the fiat cabal and their fractional reserve system, clamoring for government parenting for your entire adult life.
the better call saul extras in the end xD
Bidens laundering has demolished ftx
FTX CEO admitted to a money laundering scheme between the US, Ukraine and the DNC. It's not a hack. US gave money to Ukraine for "War and humanitarian efforts", Ukraine pumped money into FTX, FTX gives money to DNC in the form of donations.
What a cycle, ehh ladies and gents?
"To live a creative life, we must lose our fear of being wrong." -Anonymous
Crypto bros saving inflation one hack at a time.
Blackwater money
Being an ex crypto bro is the weirdest feelings I have no idea how 2 months ago I thought the world was going to gladly adopt a currency system where stuff can cost 20% more of less depending on the day
Glad I got out of crypto when I did
Holy shit this comment section is filled with anti-semitism. Yall really need to chill
Genuinley hope this event permanetly bleeds out crypto bros. So many people have been scammed now its unreal
Never touched crypto, never will.
Same thing happens with different technologies. Right now for instance everyone and their brother has a startup for making BEV, and a company can become a half billion dollar company in a few weeks, without any assets and I find it INSANE that people stick their money into these things and then it all gets lost when the creator of the company has bled off the money that was invested into offshore accounts or bought a home in the tropics somewhere. It's just crazy.
Lol a Jew named bankman… What are the odds
Youre not right about a few of these things that has to do with shit like this stuff my ppl do no ones been caught in 8-10 years
"sheen, this is the seventh week in a row you've shown the worst crypto loss in class"
I'll just stick with credit cards. Yeah it's not great but at least it's some what regulated. That's better than nothing.
Why does it matter whether they were hacked? They failed, that's what matters.
"We know the user" about the hack is because apparently FTX admin and the hacker were both moving funds at the same time, and he was saying that the person moving funds as an FTX employee was a known person, not the hacker. The two just got mixed up in the discourse.
At least, that was the story at the time and what he referenced.
That's what minners get cause of them we gamers suffered about for 2 years
I think the juiciest part of all this is the tie-in between FTX, the Democrats, and Ukraine. Bankman was the second highest contributor to the Democrat party. Ukraine was utilizing FTX to fund the war. So, for all intense and purposes, all three parties were involved in a money-laundering scheme.
Good luck it's a digital good 0and 1s what do you think.
jonney deep has a biological son
Good luck.
But Muta the whole draw of crypto-currencies is that it's decentralized which makes it unregulated. When something is unregulated and ish hits the fan the government can't step in and bailed out the top 1% who lost money like they did during the bank bailouts of 2008 financial crisis.