Youtuber Bank Wont Let You Withdraw Money

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The no-lose "bank" turned out to be a lie. It’s now a casino you cant withdraw from. I’m making this video in the hopes of accelerating people getting their money back.

Do not harass anyone in this video.

Thanks to Jason Mikula in helping me understand this story and fact-checking some of the details.

Support:

Follow:
► Twitter: @coffeebreak_yt
► Instagram: @coffeebreak_yt

Credits:
3D Artist: Ed Leszczynski @LeszczynskiEd
Video Editor: Harry Bagg @HarryRBagg
End Credits Composer: Claire Wickes @clairewritesmusic

This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it the "opportunity of a lifetime."
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CEO of Synapse responded denying most of Evolves allegations and blaming it on Evolve:
(My questions included inline)

According to reporting from the information: discrepancies were known about for years. Why weren’t they fixed?



Why did synapse revoke access to the dashboard to evolve?

Evolve dashboard access was suspended over a weekend and restored on Monday. We needed to think about what would be in the best interest for depositors given we had been giving evolve all the information but it seems like they were just using that to build their defense / strategy vs look out for the depositors.

Evolve denies that they owe $150mm and say these discrepancies from your end. Has any fraud or embezzlement happened that could explain the gap? Millions don’t tend to go missing so easily.

No - everything is accounted for, including the reasons for the shortfalls…I have the full accounting of the deficits. Just need to figure out what’s the personal risk to sharing it. But I am inclined to open source. Here is the screenshot of what Evolve’s system said the GL balances were as of 5/14. They are about $50M short because of the mercury over-migration issue. Their total deficit was about $92M (roughly). They used up our reserves to cover as much as they could and now have amnesia about us ever discussing all the reasons of shortfalls.

You were working on the bankruptcy from Greece, when will you be back in the USA?

I was there for a short period for a family event. I am already back in (redacted).

Coffeezilla
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"No officer, you misunderstand. I am not selling dope, I am selling plastic bags that just so happen to come with a free dose."

maxmustermann-zxyq
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Your money is so safe, even you cant get to it.

theb
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Finance YouTubers? Promoting scams? I could never have seen this coming?!?!

ILoveTinfoilHats
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$0 dollars frozen in Yotta because I don't take financial advice from Youtubers

oaoskey
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VPNs: Sell your data.
Banks: Steals your money
Turns out that the only legit ad is Raid Shadow Legends after all.

heavensplitter
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Graham Stephan is a wolf in sheep's clothing. FTX, pumping shiba inu, Yotta dude is involved in every scam possible and takes 0 responsibility

suryag
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When your savings bank adds gambling, Yotta get your money out...

juli-nyan
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Why is it that every time a financial scam company is discovered Graham Stephen was one of the YouTubers promoting it?! 🤦🏻

JRskatrPvP
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I used to watch Graham Stephen, but I slowly began to realise that he gives zero fucks about his audience and will promote anything.

Griffdog
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That guy with $563 frozen is feeling the most pain out of all of them.

BakedFrame
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"Shill a VPN and call it a day" was a sharp and lowkey jab...I love it.

jjoseph-ufm
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I work at a fintech and yes, we are NOT a bank.
But in many countries, we have to follow the banking system regulations.
But what Yotta and others do, act and saying they are a bank, it's ILLEGAL!

bananaempijama
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This video is about to seriously change peoples' perspectives on 'financial' youtubers and the blatant lack of concern they have on the products they promote. Good on you man.

DavidSeymourOfficial
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It's mindblowing how many people still trust Graham after his FTX scam... and now Yotta.

RaleighLink
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Never, ever, ever, put blind trust in anyone trying to get you to invest in something. They always have an agenda.

tervalas
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I’ll wager this money is gone and never made it to the bank to be FDIC insured. Even with the many lawsuits coming there’s none left to be divided up between customers.

michaelgriffith
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Graham Stephen keeps getting away with not doing his due diligence and promoting scam companies. How can anyone take his advice seriously at this point?

TangibleGoods
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Easy sign to tell if you're getting ripped off:

1. Graham Stephen is involved.

ZeroCrystal
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"Creators" and "Influencers" need to stay the hell away from this type of endorsements.

puregibberish