These YouTubers Got Paid To Promote A Scam

The Biggest Finance Youtubers have had one of their biggest hiccups yet. Their biggest sponsor FTX has gone bust causing people to lose millions. I wanted to share my view on the whole situation that's unfolded.

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*None of the advice mentioned in the video is to be taken as financial or investment advice as it’s for entertainment purposes. Some links above include affiliate commissions/referrals.

[stuartdonald]

I am, and will remain, quite old school in my investments. I may lose out, but I do not like the idea of investing in something I do not fully understand.

[chrispalmer]

Since recording this I decided to go back and check my emails. I've had over 300 Crypto Sponsors I've turned down, each offering me a minimum of $1, 000 per. Quite shocking really! I think sticking to your guns is so important. Very interesting question though when you're posed with a $1, 000, 000 sponsorship. Could you turn it down? 👀

[Dr.JubairsFinance]

Such an uncomfortable thing to happen, it ruins the credibility of actual investing and even many other innocent finance YouTubers

[DrBrunoRecipes]

Thanks, Chris. I know I rarely comment on your videos but your content is awesome and like the way you are honest and would not accept money to promote any scams. Keep up the good work :)

[zec]

Amazing video Chris, It's good these influencers are being called out because what they do can be shady at times.

[hughpae]

Thanks for video..keep it honest Chris that's why I like your videos..helping people starting out..your opinions on accounts and different stocks are a massive help..could you do one on commodities when you get chance.
Thanks

[infour]

Mrs Theranos got her just rewards but too late for the many investors. I’m adverse to anything that is the ‘next big thing’ The fake it until you make it mantra is still widely adhered to.

[esmeecampbell]

If I'm offered a million quid I'd take it, it is on people to do their own research...

[sdsparkes]

It seems it’s only a scam when it crashes. How did it get to where it was should be the question.

[havencat]

i think you are wrong ...they are just a bunch of no spine people...consumerism gone wrong like many other in US. They should be charged for promoting scams like any ordinar scammers should be. If you promote investments then you better not recommend scams

[itsmecal]

"Let’s Talk Money! with Joseph Hogue, CFA” was another large channel 500k up pushing BlockFi connected FTX (both have filed for bankruptcy now) for ages claiming he had his own money in there. No mention of it now strangely enough, Claims to be a financial advisor also. I had money with BlockFi until the summer end of June when The first of these crypto currencies exchanges started going bankrupt, soon as I saw that I pulled my money out the whole lot as I could see the domino effect coming. It Took ages to get hold of my money keep saying I haven’t done this all that right finally I got it I count myself so lucky compared to others that got stuck in this Scam.

[spammalina]

I think I signed up to Coinjar after seeing it recommended on your channel. Good service if you're UK or Australia based. Not heavily into crypto, but will be interesting to see how the space evolves over the years. Hopefully all the useless coins disappear leaving those that have some utitlity to be widely adopted.

[jackduffy]

Hey, Chris Loved your video can you please cover this project I have been seeing it everywhere its called 10x1000x.

[adrianellis]

Very upsetting for all the people who have lost Money. I’m really old school only invest in what you understand. I don’t understand crypto and I don’t think I want to. Great content and keep up the Great work