Sam Bankman-Fried has resigned as FTX CEO as the crypto exchange begins voluntary Chapter 11 bankruptcy proceedings. CNBC’s Jim Cramer and the ‘Squawk on the Street’ team discuss what it means for the crypto industry.
Jim Cramer only a number of days ago was saying Sam Bankman was the next biggest thing AKA the next Massier??? the only joke coin would be the Cramer coin HAHAHA give it up Cramer
The guy's first name rhymes with "scam." And the rest of it is literally a combination of the words "bank," "man," and "fried." There could not be a more fitting name for someone who would burn a financial exchange to the ground. Yet people are now shocked that he did just that?? 🤣
That's like being shocked that the Hamburglar stole your Quarter Pounder, or that the producer of the album "Age Ain't Nothing But a Number" was into minors.
Honetly guys, what is regulation going to do about the structure of crypto currency (Bag of money)? Proof of reserves? Wow…Big deal to confirm the bag actually doesn't have a hole in it. There is no value besides being a bag, and regulation won't change that.
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days>
19 Comments
The people who are always clapping in the background when they see stock indices go green 😂😂
😂🎉”BEWARE OF FALSE PROFITS!” 😂🎉
WHY THEY ARE APPLAUD AT BACK SAMOENE TELL PLEASE??
the fact that BTC could not hold 20K is disappointing, 3000 coming?
I would never get involved in crypto, but I am embarrassed for everyone who fell for this. Lots of big names too, reputations destroyed
There is a way to save all crypto.
Get Cramer to say it’s all going to 0. It will skyrocket follow day.😂
Sam Brokeman-Fraud!
👽🌬💨💨💨💨👽🇨🇦WLUNA EXPECT US 👽
Jim Cramer only a number of days ago was saying Sam Bankman was the next biggest thing AKA the next Massier??? the only joke coin would be the Cramer coin HAHAHA give it up Cramer
Why are they clapping for so long
Surreal times we live in.
The guy's first name rhymes with "scam." And the rest of it is literally a combination of the words "bank," "man," and "fried." There could not be a more fitting name for someone who would burn a financial exchange to the ground. Yet people are now shocked that he did just that?? 🤣
That's like being shocked that the Hamburglar stole your Quarter Pounder, or that the producer of the album "Age Ain't Nothing But a Number" was into minors.
Those people clapping have been short FTT since all time highs 😂
Jim isn't crying today. Dang
I made mega bucks an dump out before it crashed. Hahaha Freud got caught holding the bag
Honetly guys, what is regulation going to do about the structure of crypto currency (Bag of money)? Proof of reserves? Wow…Big deal to confirm the bag actually doesn't have a hole in it. There is no value besides being a bag, and regulation won't change that.
Can someone explain what happened in a conspiracy theory way? 🙏🏼
I hate cnbc they’re hypocrites
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days>