FTX Collapse Explained Missing Crypto Billions

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[mansoso]

After this whole fiasco, how can anyone even put a cent in crypto? This whole thing is so wild!

[jaydubau]

Nice work Chris.
Honestly all the people that were paid by FTX to promote it, need to create a fund and deposit their money into it for the people that lost their money. They are not innocent.

[robotJox]

Was a calculated chess move by Binance to eliminate their rival

[davidkoba]

I'm not gonna lie this is extremely satisfying.

[HESantos]

Chris, you are the news guru, who needs cnn or fox. Surely I don't. Have a wonderful weekend

[curtisdavis]

Excellent description of "Bank Run" and "Leverage" of fake tokens... Thanks!

[georgeschneider]

We know where the money is: it was paid to Jeremy, Tom Nash, Meet Kevin, Stephan Graham, Minority Mindset, Andrei Jikh, etc…🤷‍♂️

[Timeculture]

Joseph Carlson really destroyed the little cred he had here

[Naomi_kyo]

It will be made into a movie for sure 😅

[RafeCruise]

I had never heard of FTX and all of a sudden it’s being promoted by a lot of the most popular financial channels on YouTube. That alone made me cautious. Glad I never got involved.

[Bigbuckgaming]

Been a while since I've checked in hope your doing well Chris but I gotta say now is your time to shine

[deekaye]

EXPOSE THEM ALL CHRIS! GOOD JOB MATE! One of the very FEW transparent ideas out there. KUDOS. BTW how is Korea? Lived there for 7 years myself.

[flippatheshippa]

Thanks for covering this story so much it is very very interesting the web of this whole scam. I always had a bad feeling about FTX after watching some of your videos in the past and other people as well. Even my own gut feeling always thought “how the hell does FTX pay off all of these people? “ I Always thought it was some sort of Ponzi scheme going on. So although I am not surprised I still am just because how fast this whole thing collapsed. And honestly I am young and not even a financial expert and even I saw that this thing was a major scam. These YouTubers are major scammers for not doing the slightest of fundamental analysis and selling out their fans to get eaten by the wolves. How risky!

[AFuller]

Hey i bought a $1000 of FTX and a $3 pack of gum last year, what is worth more now? What a SCAM!

[billhaney]

Chris Norlund - you are really amazing and you be interviewed by every major news channel.

[kt]

Hey Chris, I saw a clip on Justin Sun, Tron Founder. He said he is willing to bail out FTX after some investigation. I guess he backed out?

[kosmonautofficial]

Hey what's going on in Jeremy Financial Education's youtube comment section? Chris you should check out how crazy it is.

[jermainepryor]

SBF was quoted as saying "We had confusing internal labeling and misread it" when asked about transferring $10B of FTX customer funds into Alameda Research. I don't believe anything that comes outta that guys mouth!

[greensfarmland]

It's called block chain... What part of this sounds good?

[aemi]

Although I love your vids - this one is not among my favorites, usually you give a much deeper and clear reasoning on things this one wording kind of legitimizes some things would had been great if you mention about the leverage issue - cause it gives the impression of Binance being a solvent entity owning real assets but many of those are non-liquid and also nobody knows where is Binance actually based .. leverage per se is risky but leverages in crypto are another level .. in any case thank you for making videos on the subject you are keeping the conversation going and that’s what matters the most