Crypto Casino Implodes (Is Your Money Gone?)

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
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In this video, I discuss the rapid implosion of the crypto exchange FTX, and Sam Bankman-Fried's fortune. Binance has submitted a letter of intent to purchase FTX, but the situation is still fluid.

There is, unfortunately, a very good chance at this point that some customer funds will not be recovered-- especially if they are being held in BTC, crypto, or stablecoins. Customer money held in fiat may benefit from deposit insurance programs like the FDIC in the US.

Crypto continues to be a huge distraction from the real revolution, which is Bitcoin.

Not investment advice! Consult a financial advisor.

Crypto Exchange Close To Collapse?
https://www.youtube.com/watch?v=Vl0fX...

TX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange:
https://www.coindesk.com/business/202...

FTT token plummets:
https://coinmarketcap.com/currencies/...

SBF's net worth plummets:
https://www.bloomberg.com/news/articl...

SBF hit by the Fortune magazine cover curse:
https://twitter.com/maxkeiser/status/...

CZ's tweet about buying FTX:
https://twitter.com/cz_binance/status...

FTX had a very large hole to plug:
https://twitter.com/lizrhoffman/statu...

FTX used to be valued at $32 billion and Ontario Teachers Pension Plan invested in that round:
https://www.investopedia.com/crypto-e...

FTX US terms of service:
https://ftx.us/TermsOfService.pdf

SBF letter to investors?
https://twitter.com/AutismCapital/sta...

Why is FTX sending money to Alameda?
https://twitter.com/mrjasonchoi/statu...

It's a bad sign if Coinbase won't touch FTX:
https://twitter.com/sonalibasak/statu...

Bitcoin has no future as a payments network, says FTX chief:
https://www.ft.com/content/02cad9b8-e...

CRO was expected to have a good 2022 lol:
https://bravenewcoin.com/insights/cry...

Nexo hit with cease and desist orders:
https://cryptobriefing.com/nexo-hit-w...

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.

#ftx
#crypto
#bitcoin

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