1 year ago

931

Get my paid Bitcoin course here:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin

In this video, I discuss whether SBF and Caroline Ellison conspired to keep Bitcoin's price below $20,000 in the final days of FTX.

I demonstrate that the actual context of Caroline's notes are a liquidity crisis at Alameda and the need to procure capital to pay back a loan to Genesis, using FTX customer money.

SBF almost certainly gave Caroline that $20,000 sell limit order, not in order to pin BTC below that price (which would actually work against his own interests), but rather to raise a certain amount of capital off of FTX customer BTC deposits that could only be attained if the sell orders were executed at $20,000 or above.

Anyone who tries to suppress the price of Bitcoin will eventually get taken away on a stretcher.

Not investment advice! Consult a financial advisor.

Misleading headlines about BTC price manipulation:
https://twitter.com/GoingParabolic/status/1712174410960900331
https://twitter.com/WatcherGuru/status/1712145652233249279
https://www.crypto-news-flash.com/breaking-shocking-revelation-ex-girlfriend-of-ftxs-sbf-exposes-plot-to-suppress-bitcoin-below-20000/
https://bitcoinist.com/bitcoin-price-ellison-sbfs-plot-to-suppress-btc-20k/

Court journalist transcript that these misleading headlines rely on:
https://twitter.com/innercitypress/status/1712130156385444033?s=20

Genesis:
https://en.wikipedia.org/wiki/Genesis_(cryptocurrency_company)

At bankruptcy, FTX no longer had any BTC:
https://www.ft.com/content/f05fe9f8-ca0a-48d5-8ef2-7a4d813af558

SBF always bad-mouthing BTC:
https://www.ft.com/content/02cad9b8-e2eb-43d4-8c18-2e9d34b443fe

My videos on BlackRock and Bitcoin:
https://www.youtube.com/@Bitcoin_University/search?query=blackrock

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.

#Bitcoin
#FTX
#BlackRock

Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Loading 5 comments...