Bla bla bla bla bla… end of story. Yes your money is gone. Yes SBF stole costumer funds yes he was the "hacker".and NO he wont see a day i jail..SBF WON'T see a day in jail
If CZ saying he is selling his bag last week caused all this then FTX was doomed from the beginning, what if Tom Brady said he would sell last week ? Will they be blaming him too ?
To be clear, Binance did not caused the problem. The problem lies at FTX, gambling away its user funds probably via Alameda. Binance only caused the problem to rise to the surface! Selling 0,5bln of FTT tokens did not let disappear all user funds on FTX, that was SBF/FTX who did that. A big mess from FTX/SBF is what happened, what this shows is that you need audits on exchanges and transparency in that they can show they are good for the funds depositted. FTX broke rule number 1: don't invest with your user funds, this is forbidden in traditional finance with a good reason of course. I also made the mistake in trusting FTX/SBF. Now reconsidering this space.
Perfect informative video! Investing in crypto market is trending i am a newbie in the market I still find it rocky despite the fluctuation in price profits is still been made by expert traders. Heard that holding is not a smart move on the short run Only thing i don't understand is the whole staking your crypto for a return? What does this mean and are you at risk of your coins being devalued by doing so?
Binance next. 100% if took hard look at books the would Have missing money too. None of these companies have 1:1 reserves because they base assets on own tokens that have no value other than being a box people put money because other people previously put money in it. Majority of their “valuation” is their own tokens. They can’t liquidate their own tokens without crashing market if their ever was “withdraw run” on binance. If more than 50% of customer base came looking for full withdrawals all these exchanges would implode.
Ok… video prostitutes listen, 200 million dollars in crypto is one billion with 3 market making moves. If you don’t know why crypto is what it is say so. A 10x is basically a news story away for any solid projects in the space. Market sentiment is the only thing that can truly be attacked, besides insiders fighting and vying for control. FTX stole the money there was no breach, the breach was them not reacting fast enough to their investors, so yeh it was them. Even if it wasn’t a permission based decision.
It appears all of these crypto companies are being run by under 30 years old people who have no management or leadership skills or experience! Do they have business degrees? Looks like they had a lot of technology knowledge but absolutely zero management and leadership know-how! Many of the great attributes for leadership come with age, these guys have none. Why trust your money with people like these.
<<<Furthermore, transactions are secured by the nature of the blockchain system and the distributed network of computers verifying transactions. As more computing power is added to the network, it becomes even more secure.≥>>>
24 Comments
Scam and eggs
Bla bla bla bla bla… end of story. Yes your money is gone. Yes SBF stole costumer funds yes he was the "hacker".and NO he wont see a day i jail..SBF WON'T see a day in jail
CZ is a goof I wouldnt trust anything on Binance either!
Crypto wallet? Give me my useless piece of paper
Oh No we got robbed sorry customer u are all out of luck
If CZ saying he is selling his bag last week caused all this then FTX was doomed from the beginning, what if Tom Brady said he would sell last week ? Will they be blaming him too ?
What is a Bitcoin? The mystery continues
To be clear, Binance did not caused the problem. The problem lies at FTX, gambling away its user funds probably via Alameda. Binance only caused the problem to rise to the surface! Selling 0,5bln of FTT tokens did not let disappear all user funds on FTX, that was SBF/FTX who did that. A big mess from FTX/SBF is what happened, what this shows is that you need audits on exchanges and transparency in that they can show they are good for the funds depositted. FTX broke rule number 1: don't invest with your user funds, this is forbidden in traditional finance with a good reason of course. I also made the mistake in trusting FTX/SBF. Now reconsidering this space.
Perfect informative video! Investing in crypto
market is trending i am a newbie in the market I
still find it rocky despite the fluctuation in price
profits is still been made by expert traders. Heard
that holding is not a smart move on the short run
Only thing i don't understand is the whole staking
your crypto for a return? What does this mean and
are you at risk of your coins being devalued by
doing so?
CZ NEED TO BE INVESTIGATED AND BLACKROCK
These are the real criminals
Binance next. 100% if took hard look at books the would Have missing money too. None of these companies have 1:1 reserves because they base assets on own tokens that have no value other than being a box people put money because other people previously put money in it. Majority of their “valuation” is their own tokens. They can’t liquidate their own tokens without crashing market if their ever was “withdraw run” on binance. If more than 50% of customer base came looking for full withdrawals all these exchanges would implode.
I sidejob
Criminal biden
Ok… video prostitutes listen, 200 million dollars in crypto is one billion with 3 market making moves. If you don’t know why crypto is what it is say so. A 10x is basically a news story away for any solid projects in the space. Market sentiment is the only thing that can truly be attacked, besides insiders fighting and vying for control. FTX stole the money there was no breach, the breach was them not reacting fast enough to their investors, so yeh it was them. Even if it wasn’t a permission based decision.
I remember some people asked me to go for FTX, and I said I was too stupid for this xoxox.
I wouldn’t buy all of it for $20 USD
It appears all of these crypto companies are being run by under 30 years old people who have no management or leadership skills or experience! Do they have business degrees? Looks like they had a lot of technology knowledge but absolutely zero management and leadership know-how! Many of the great attributes for leadership come with age, these guys have none. Why trust your money with people like these.
Bitcoin BlackFriday Sale Starts Next Week! – Get Ready For $15,000 And Below! 😍
I'm surprised they mentioned he was a Democrats backer
<<<Furthermore, transactions are secured by the nature of the blockchain system and the distributed network of computers verifying transactions. As more computing power is added to the network, it becomes even more secure.≥>>>
CZ honest.. safe alot further Ponzi futures ftx
SBF donated fraudulent $$ to democrats. Millions.
ya charity with stolen money you empathetic clown