The FTX Disaster is Deeper Than you Think
7,826,297
Published 2022-11-16
Theranos: • Theranos – Silicon Valley’s Greatest ...
Enron: • Enron - The Biggest Fraud in History
Onecoin: • 'Fake Bitcoin' - How this Woman Scamm...
Worldcom: • When Greed Goes Too Far - The Worldco...
Luna: • How This Man Just Caused a $45 BILLIO...
Closing Track: • Burn Water - Adomania
-- 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: discord.gg/coldfusion
» Twitter | @ColdFusion_TV
» Instagram | coldfusiontv
» Facebook | www.facebook.com/ColdFusioncollective
»PODCAST: / @throughtheweb
//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:
www.gawker.com/money/are-these-caroline-ellisons-t…
www.afr.com/technology/ftx-hack-likely-an-inside-j…
www.coindesk.com/policy/2022/11/09/ftx-faces-us-ju…
www.visualcapitalist.com/biggest-donors-2022-midte…
fortune.com/2022/11/09/sam-bankman-fried-14-billio…
www.smh.com.au/business/entrepreneurship/robin-hoo…
www.milkroad.com/p/binance-vs-ftx-heres-happened-w…
techcrunch.com/2022/11/09/sequoia-capital-marks-it…
techcrunch.com/2022/11/14/softbank-ftx-crypto/
www.axios.com/2022/11/12/ftx-terms-service-trading…
www.wsj.com/livecoverage/stock-market-news-today-1…
decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bou…
www.coindesk.com/layer2/2022/11/08/the-story-of-sa…
www.coindesk.com/layer2/2022/10/25/is-sbf-right-ab…
cryptoslate.com/ftx-hacker-is-now-one-of-the-large…
www.milkroad.com/p/goes-sbf
fourweekmba.com/how-does-ftx-work-and-make-money/
coinmarketcap.com/alexandria/article/what-is-ftx-t…
www.reuters.com/technology/exclusive-behind-ftxs-f…
www.reuters.com/technology/exclusive-behind-ftxs-f…
www.nbcnews.com/news/epic-fall-sam-bankman-fried-w…
www.bbc.com/news/technology-63612489
twitter.com/AutismCapital/status/15907792999464427…
www.forbes.com/sites/davidjeans/2022/11/12/the-dev…
www.bbc.com/news/technology-63612489
www.nbcnews.com/news/epic-fall-sam-bankman-fried-w…
www.zerohedge.com/markets/ftx-held-just-900mm-liqu…
coinmarketcap.com/alexandria/article/what-is-ftx-t…
fortune.com/2022/11/13/sam-bankman-fried-alameda-r…
jewishinsider.com/2021/07/the-young-crypto-billion…
www.msn.com/en-us/money/markets/ftx-collapse-sam-b…
www.forbes.com/sites/davidjeans/2022/11/12/the-dev…
Producer: Dagogo Altraide
All Comments (21)
-
Guaranteed this whole story will be made into a movie one day.
-
Michael Lewis, the guy who wrote The Big Short, was already planning to write about Sam Bankman-Fried, and already shadowing him, even before the collapse. He was deeply embedded in it all and got a front row seat to the entire thing. He's now writing the book and there will be a movie. The world moves so fast now.
-
Imagine hearing Caroline talk about using mostly elementary level math and seeing Sam on the phone with a bank asking for $210,000,000 while hes playing league of legends and still trusting them with your money
-
Everyone be like "Oh he so humble he drives a Corolla!" and yet no one stopped to consider for a second whether he maybe, JUST MAYBE, had more than one car and that this was just the one he drove to work for publicity. The fact they kept calling him humble and low key when the guy owned and lived on luxury properties in the Bahamas is insane 🤣
-
your work on informative content about business and technology is by far the best I have seen in youtube. I been following you for a long time and watched many videos and all of them tell a story in a really well structured way being as compact and understandable as possible for the broader public. If you started this channel by yourself, you are destined for great things
-
I really take issue with calling these people "kids"; it helps take away responsibility from them. These are privileged and extremely well-educated adults in their late 20's and early 30's who should have known better.
-
Bro, you're ability to research and then pump out well-researched content in such a short time is unmatched. My latest documentary on Wall Street took about a month of research. I've been following the FTX situation and it's absolutely insane. Great video.
-
Dude, love the track! I am definitely a new fan who looks forward to perusing your discography in depth. Keep that music coming my friend as talent like yours should never lie idle for too long. Oh, and this video was very well done too. Stay Golden!
-
Great vid. Your whole channel is so well researched and presented. Thanks for sharing! I definitely learned alot.
-
Having politicly connected and legally savvy parents were a key factor in his ability to rise to the point he did. He needs to be in prison for the damage he has done to people's finances.
-
Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
-
The biggest lesson of the stock market is that no one can predict what will happen next, therefore be humble and use a long-term advantaged plan. Although ETFs are losing value and bond yields are rising, observers are still doubtful that the Federal Reserve will stick to its strategy to raise interest rates until inflation* is under control. What's the best method to profit from this bear booth while I'm still debating whether to liquidate my $357k stock portfolio?
-
It's crazy how so many of these companies exist to basically just move money around and they call it adding "value"
-
Medieval alchemists convinced people that they could convert base metals into gold. Their modern counterparts are still at it.
-
Found this channel yesterday and simply can't stop watching. So good
-
Sam shouldn’t be the only one going to jail. All his buddies went for plea deals and yet they’re just as culpable
-
You know when you’ve made it onto a ColdFusion documentary you are well and truly in trouble
-
How could people fall for this man, he looks like the comic relief in a movie
-
Glad to see you doing well! Everyone seems to have forgotten about the past. Excellent VRITKN300
-
Great episode. The javascript in the background at 13:33 used to show “wow code” made me laugh though 😅
