Brian Kennedy 
🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
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📺Essential Videos📺
FTX Hearing Summary 👉 https://youtu.be/4ZwKSH0PipY
Sam Bankman-Fried Charges 👉 https://youtu.be/RQhBb13IUDU
FTX Bankruptcy Explained 👉 https://youtu.be/AAnRXnfhmAY
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Sam Bankman-Fried Full Testimony: https://www.forbes.com/sites/stevenehrlich/2022/12/13/exclusive-transcript-the-full-testimony-sbf-planned-to-give-to-congress/?sh=4477280e3c47
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– TIMESTAMPS –
0:00 Intro
0:44 About Sam’s Testimony
3:42 What Happened To FTX And Alameda
5:27 What Went Wrong
8:18 Chapter 11 Bankruptcy
10:47 FTX Jurisdictions
13:01 Misstatements About FTX, Alameda
17:40 What Does It Mean For Crypto?
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#SBF #FTX #Crypto
Now that Sam has been granted bail, could we see him go back to Twitter spaces and another media apology tour 😫. Keen to get your thoughts! Don't forge to follow me on my other socials for all the content that you are missing here 👉 https://guy.coinbureau.com/socials/. You also need to check out my clips channel which has the shorter form content and livestreams https://www.youtube.com/@coinbureauclips
It's all a j00 trick… Sam is an archetype… Crypto people trust cex and also trust mainstream media…. Both are big problems..
We don’t know if sam claims in the bankruptcy are true or not , why is that ? Anyone filing a FOIA ? Or RTK? Follow the bankruptcy money not the distraction
look into the their derivatives platform
I lost track about half way through but appreciate the time and effort making this
I think he guilty and should be charged but I also believe him when he says other forces are work. They took advantage of ftx and used Sam as a useful idiot to launder money. Also that law firm that made hundreds of millions from chevron shouldn’t be allowed near this trial.
Standard lawyers ploy, muddy the waters point 👉 to everyone else as the villans, offer illusive proof your the good guy, draw erroneous conclusions based on the illusive proof. And if all that fails beg for forgiveness. It didn't work for Madoff. Life in prison for both these monsters.
@14:00 this is the key point, he stole $10B from FTX customer funds and diverted them to Alameda where they were gambled and lost. Meanwhile he told investors their funds were safe and secure. Denying knowledge of this lacks credibility but it'll really be exposed when Caroline and Gary give testimony. Right now SBF is being treated by the best defense friendly shrinks stolen money can buy. They'll try to spin this as an amphetamine driven faux pas. Hopefully the judge & jury won't fall for it. Some of SBF's comments in his mitigating remarks have a hint of extortion. They should make sure that the bankruptcy court has final control of that bail money and accounts it originated from. There is something obscene about a guy being able to produce $250M in bail after being charged with $10billion+ in securities fraud.
We love sam
He probably has a big pile of GOLD waiting for him.
Wuuttt?!?! SBF started his testimony with "I f**d up" then proceeded to blame everyone else but himself. 😕
He thinks there statement will save him from the charges of conspiracy. He planned everything from the start, otherwise he wouldn't have built that backdoor to funnel money to Alameda, let's not forget those personal loans against FTX crypto.
I've been warning about this for years… But you just laughed at me. Not FTX specifically, but all of the exchanges are for all intents and purposes, bankrupt. I feel zero sympathy for anyone who has lost money. Greed leads the blind.
Y would anyone believe a word out of his lying ass ???
IDK I think it's weird that the USA can just barge in and claim jurisdiction over a clearly Bahamian entity. I think they have a right to see the information since it's clearly also pertaining to US citizens, but IMHO it should not make rulings against that entity. Also it was clear from the beginning that, no matter who's the owner, FTX US was solvent. If I buy stocks in two different companies, if I somehow get CEO position of both, it does not make sense that the bust of one should have any consequence for the other. Yes, even if the sister company bears the same name.
Video would be so much better with a fire and a blanket
Typical behaviour from the typical jewish "business man". Scam, steal and the list can be made long.
So you were smart enough to invest in FTX…maybe giving advice shouldn’t be your thing lol😂
The fix is still in.