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BlockFi and Voyager Bailouts (Is Your Money Safe Now?)
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In this video, I discuss Sam Bankman-Fried's bailouts of BlockFi and Voyager, and the companies' financials and response.
BlockFi continues to be (in my opinion) an untrustworthy firm, lacking in transparency and honesty. It is still unclear whether customer deposits are ahead of FTX's loan in the event of a liquidation.
Not your keys, not your Bitcoin. Chasing yield while risking losing 100% of your Bitcoin makes no sense if you think BTC will 10x or 100x from here.
You do not really own your own Bitcoin if you don't hold your own private keys.
Not investment advice! Consult a financial advisor.
LUNA/UST death spiral:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity
https://www.youtube.com/watch?v=BN1kx0sRCO0&ab_channel=TraderUniversity
Celsius implosion prediction:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity
Is BlockFi About To Implode?
https://www.youtube.com/watch?v=SFow3o6EkRw&ab_channel=TraderUniversity
BlockFi Receives $250M Credit Facility From FTX:
https://www.coindesk.com/business/2022/06/21/blockfi-receives-250m-credit-facility-from-ftx/
BlockFi in trouble:
https://twitter.com/DylanLeClair_/status/1537870733174616064/photo/1
https://www.coindesk.com/business/2022/06/13/cryptocom-to-cut-almost-260-jobs-amid-market-rout/
Sam wants to help stop crypto contagion:
https://decrypt.co/103319/sam-bankman-fried-ftx-has-responsibility-to-step-in-and-stem-crypto-contagion
https://www.cnbc.com/2022/06/22/sam-bankman-fried-rescues-crypto-lenders-blockfi-voyager.html
Insolvent firm lectures retail about crypto volatility lol:
https://twitter.com/BlockFi/status/1539658861287710720
Sam and FTX may be ahead of your BlockFi account:
https://twitter.com/BlockFiZac/status/1539216595729453056
BlockFi income statement:
https://twitter.com/blane9171/status/1537371790376312833/photo/1
Voyager Digital in big trouble:
https://www.wsj.com/articles/crypto-broker-voyager-digital-says-three-arrows-capital-hasnt-repaid-666-million-in-loans-11655915660
https://twitter.com/mattysino/status/1539605727735586817/photo/1
https://twitter.com/ClarityToast/status/1539587655620493314
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#blockfi
#bitcoin
#crypto
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