FTX Disaster - 7 Unbelievable Bankruptcy Discoveries

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Published 2022-11-23
See the next episode early here: curiositystream.com/coldfusion

Podcast Discussing FTX:    • Digging Deeper Into FTX Controversy  

-- 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.

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-- "New Thinking" written by Dagogo Altraide --
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Sources:

markets.businessinsider.com/news/currencies/ftx-cr…

fortune.com/crypto/2022/11/16/sec-chair-gary-gensl…

www.theguardian.com/business/2022/nov/16/us-lawsui…

www.theguardian.com/technology/2022/nov/18/how-did…

freebeacon.com/democrats/bankman-fried-and-cronies…

My Music Channel:    / @coldfusionmusic  

//Soundtrack//

Burn Water - Nostalgia Dreams [The Deep Mix]

A Zed And Two L's - Fila Brazillia

Sleepy Fish - Schoolgrounds

Occurrence - Martin Gauffin

James McAlister - Portrait (Official Video)

no more fires (Original Mix)

Compuphonic - Metropolis

Cahb - Secrets

Burn Water - Being Honest

» Music I produce | burnwater.bandcamp.com/ or
» www.soundcloud.com/burnwater
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» Collection of music used in videos:    • ColdFusion's 2 Hour MegaMix!  

Producer: Dagogo Altraide

All Comments (21)
  • @ColdFusion
    Hey all, thanks for watching! Just a couple of corrections. Paul Wiess was the law firm that dropped Sam, not a lawyer and Dubai is a city in the UAE not a country. Apologies for that.
  • @bad_money
    The oldest rule still holds true: the easiest way to rob a bank is to own one.
  • @anonony9081
    What I find amazing about this saga is the mainstream media's complete silence on the fraud aspects. They keep writing stories as if the business failed due to being run poorly and not because they were committing wholesale fraud
  • I am sure that people who watched this video update maybe aware of this already but Bankman-Fried was arrested last night in The Bahamas and is being held without bail. Bail was denied and he waived any fight of extradition to the U.S. Amazing work as always on the Cold Fusion page. Thank you for continuing to post important, informative and entertaining content.
  • Once we landed at the “it wasn’t me! it was my shady girlfriend!!” side of this debacle it should’ve been pathetically clear that SBF never had an ounce of generosity. Dude didn’t just take the thickest slice of the pie for himself, he took the whole pie…someone else’s pie…and then told the bakery that his so-called charitable contribution was funded by the next sap to walk in their door😂
  • For the guy who sorted out Enron to say its the biggest mess he's ever seen is damning. This just gets wilder and wilder by the day
  • @PattoDan88
    I think Coldfusion needs to make more videos on FTX. There are so many developments. I think we need a Coldfusion series
  • New week up as many FOMO in. But the ON26AM story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).
  • @1337Frederick
    What is most entertaining about all of this for me, is that the way they ran this company is exactly how I imagined giant corporations were run when I was 5 years old and wanted to be a lawyer.
  • You know it's bad when the person that worked on Enron says this is way worse. Great video 👍
  • Thank you for the update ON26AM is done right, and waiting is part of the process,
  • Our time had reached its zenith, and it is now over. Everything not just FTX, Stock including 401Ks, are suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.
  • @barryb2704
    I find it difficult to believe his parents did not know what was going on. Their possible involvement needs to be investigated.
  • @bad_money
    You know when you’ve made it onto a ColdFusion documentary you are well and truly in trouble, let alone multiple ones.
  • @ArnfinnRian
    Dude you always deliver! You are faster than, and goes deeper into any material than the journalists of Norway! You got a fanboy here!
  • @cscs6320
    Thank you for your research. I find your videos are well done. Will ON26AM hit 1000? Not sure but I hope so.
  • Really glad you came back to this. The bankruptcy filing saying that this is even worst than ENRON is just staggering.
  • @SputnikCrisis
    Coldfusion TV thank you for covering this story better than most major established journalism institutions!! NYT The Daily covered FTX last week like it was an 8th grader's book report on their favorite author. We all appreciate your work!
  • @gojosgirl6487
    So you mean to tell me that all I need to do to pass myself off as a billionaire to get a loan is to type in some random numbers in Excel and show it to a bunch of rich investors? I've been doing it wrong this whole time, thanks for the info guys!