Entrepreneur, speaker, and “Wolf of Wall Street” author Jordan Belfort joins Yahoo Finance Live to discuss the fallout of the FTX collapse and crypto market sell-off.
#jordanbelfort #wolfofwallstreet #yahoofinance #FTX #crypto
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This guy’s no idea when it comes to cryptocurrency
Yahoo just proved to me that they don’t have investors interest at heart, asking advise from Jordan…😂…hilarious.
Nonetheless he is right this time. Those offshores xchange are probably as solvent as FTX right now !
Who you think took FTX billions ? Where are they ? A compagny run without keeping any records ? Not even from their employee ? Come on this looks to me like a front.
Good talks.
It’s funny to see Bitcoin Maxi call SBF the new wolf of wall street
Great movie wolf 🐺 of wall street 💯💯💯🤔🤔🤔👍👍👍👀👀👀 Les from Perth WA
Why suddenly everyone is talking about regulations , wasn’t that supposed to be a tool for financial freedom away from a centralized governmental authority, those guys seems lost.
Well, it’s all fun and games until 9B “disappears”.
Now they want US taxpayers to give them their money back.
There is a difference between regulating exchanges and firms facilitating use, and regulating the currency itself and its transfers between non disclosed actors. The former can’t reasonable be allowed to just take customers money and use it for whatever just because it’s a free market.
@Kåre’s channel I believe that is like regulating traffic where fleet has no plate numbers or registrations and drivers not required to have driving licenses.
@TheRiiiight why are they not asking the Bahamian Government instead?
Hey it’s the rat
good remarks here from belfort
Looking for a new stock or Cryptocurrency to invest in. Short or long term Gains. i was at a seminar and the host spoke about making well over $3.5M within 4months of investing $450k.
@John Cris Wow that’s an awesome returns of investment, indeed there’s a lot of money to be made in crypto markets trading, I guess it has to be with right people around you. Can you recommend him to me as well? How do I get to him?
@Morgan Stefan check the web and you will find him, drop a msg.
I ran a quick check on Mr Korducki. he’s well regulated. His qualification seem solid with positive reviews, he seems checked out. Also his services are available outside of the US for foreign investors. Is he that good?
@John Cris
Ok, just found his website, impressive, Thank you
@Morgan Stefan It was my first time using the website and As an investor i have to admit this company is truely professional and give legit service that I recommend for anyone who wants to start investing in Bitcoin or stock.
Media heaps praise on FTX and then brings convicted and continuing con man to talk himself up about it.
Do these people really not understand why trust in the media is at an all time low? If someone like Belfort is on your news program, you are no real news program, just as bad as youtube influencers
Seems like jordan loves when they call him for insight on ponzi schemes and jail sentence references
Perfect spokesman for crypto.
The funny thing is he would be the last person any crypto business would hire to show for them because if they ever went bankrupt all they would say is well you really should have known what was going to happen because our CEO was Jordan Belfort for Christ’s sake lol
They don’t call him ofr insight, they just want to see a clown
this comments should be before the fact not after. Now everyone is against crypto
We’ll see a new FXT IN THREE MONTHS, US MARSHALS! RIGHT?
It takes one to know one ….crypto is the dumbest idea in finance since tulip bulb derivatives 200 years ago…. both ‘markets’ will/have catastrophically collapsed. Show me an early BTC/ETH investor and I will show you an ignoramous
Asking a professional fraud for insight to the latest fraud
the most bizarre part is your have an old fraud commenting on new fraudsters……what is wrong with this country
Maybe it was how the pick3-4 numbers worked on slot machines since they never show up few yrs later other then box wins and the guy said name it ftx knew it till they told him hes corrupt like them to box play him too.,…
He 👆helped me get my money back from FTX,shout-out to him
Fox in the Hen House
BITCOIN=SCAM
Even Jordan was defrauded in the crypto space. That really shows how bad it is out there!
Not defrauded, hacked. Big difference. Not even a real hack, most likely a phish scam.
Why is this convict on TV. I don t understand? One who was one of the biggest fraudster who stole millions is saying we need regulation ? What a joke . Whatever comes out of his mouth are lies . Why don’t we have hitler on destroying fascism . LOL . He is calling out fraud from the number one fraudster .
Regulating the crypto market would mean recognizing and legalizing fraudsters. Just let them burn in flames!
There is no connection with crypto. Is pure fraud using customers funds.
👆👆👆
thanks for watching
inbox me right now
It really does defy logic!! how did this happen?
👊🔥✌
Will be a ghost town soon
What a despicable loser!
financial company in bahamas guarantee’s 8% returns. I surprised by the amount of surprise on this.
Banana republic
SBF is just another narcisstic person like Elon and Donald. He was hiding himself behind a more believable altruistic mask. They will all go down in history as scumbags.
Why would bitcoin or crypto investors calling for government to back up the values? Baseball cards values are up and down all the time and don’t seem need insurance to cover them
clearly humans cannot be trusted to protect client funds when not regulated. how clear do you need that message to be?
hahaha listening the theif opinion of another thief
Top-notch work!
No mention of the fact that none of these magic beans is actually money.
They are literally trying to set the ground for the US taxpayer to bailout crypto investors. They will try to come for YOUR property to bandage up the losses. I guarantee it.
The good news is that positioned crisis actor Scam Bankrun Fried is rumored to be getting some good sleep.
Honestly…I don’t want to take advice from an old man about cryptocurrency, NFTs, crypto exchanges etc.
What will happen if sbf gets away with this crime! How many companies will follow suit?
True true true bro 💯💯💯🚩🚩🚩🤔🤔🤔👍👍👍
why have this clown on?
Not sure what the value of cryptocurrency is given that virtually all currency is already digital, for the most part. In other words, it’s very rare to use hard currency for anything anymore.
lol how tf this guy still in the Finacial’s
If you regulate crypto you take away the attraction that it offers alot of people in that it is unregulated and easily accessible. I lost a couple of quid with bitcoin and ether ima stick to stocks, least companies like shell and hsbc employ people.
Government regulation is not the answer. Regulation only gives the government control and the ability to manipulate the market. Crypto should remain an unregulated, decentralized global market. Participants simply need to be aware of the risk and volatility. Criminal laws are already in place to punish any entities found to be engaging in fraud.
So unless we create some regulatory organ to bail out people who make bad decisions, people will keep making bad decisions?
Is he lying or does he really not realize what he said there at the end?
⤴️Dm for guidance/more investments info
How many bad actors are there? In crypto, just count the actors.. that’s the number of bad actors.
This is who invests in crypto. Criminals. And rubes. Can’t forget the rubes whose money is delivered to the criminals using cycles of boom and bust.
The bow draws back to release the arrow into the sky’ …🏹 ….🌎
Bitcoin and Litecoin reward halving supply shock on its way, winter rally will very very soon be in play …👀
Litecoin 2023 mining reward halving closer every second…..⏳
⤴️Dm for guidance/more investments info.
FTX is not the only broker to steal money from traders.
A lot of brokers make it exactly like Pepperstone forex broker. Depositing money into your account is simple, but withdrawing money won’t happen.
Wild west? More like opium den!
Why are you asking a criminal
Finally someone talking about real solutions.
The Wolf of Wall Street giving real solutions. Feeling cold yet? From the irony?
If Bitcoin becomes regulated by the Fed, it’s crazy growth days will be over.
Speaking of legit exchanges, how is binance not capable of going insolvent when they allow 100x leverage? Say some saudi trillionaire says I want to put a billion up with 100x leverage what he ends up betting on does a 10x now binance owes him a trillion dollars? Do they have something to prevent something like this from happening or are they playing with fire with allowing leverage?
@ironuckles I read they do have a cap like 15 million you can use for leverage. Still if a coin does a 100x and you got 100x leverage that’s still 15 billion in the unlikey event that does happen I’m like wouldn’t they go insolvent. CZ did say he posted proof of customer funds or something that way people know they’re not scamming like FTX. Still just seems like they’re gambling with customer funds when they allow leverage that they have to pay out. Where does that money come from CZs own personal account? Coinbase is probably legit. They don’t play around with leverage last time I used it.
I`m not sure, I think Binance pull trades automatically that are losing on their exchange when they hit a certain buffer (like in the futures industry, having Margin requirements). but its an interesting challenge. especially if there is massive slippage, there will also be size limitations according to deposit amounts
@pixelmasque I think I read they max you can leverage is 15 million but still in the unlikely event some coin does a 100x and you have 100x leverage on it that’s like 15 billion binance would have to pay I would think.
@Rdawg Where does it come from? It’s printed out of thin air.
@ironuckles Where does what come from?
Every thing about usa becoming old west…violence up…
No US Govt regulation, these Companies wanta offshore and NOT pay into the American System… Go tell the Bahamian Govt to regulate them.
Yes, let’s make a hero of another scumbag POS on the same scale as SBF……
Crypto is wild now, that’s true. But I’m investing my USDT in Bitcoin only now because I can’t be sure about altcoins.
Let’s talk 🖕🖕
Shitcoins?
Crypto is still the future.
@Eulogio Taylan a sucker is born every second.
@Joe T suck it then 😂😂
@Eulogio Taylan lol ok. It’s your money you’re playing with 💸💸 😂😂. Jokes on you buddy.
@Joe T for sure. Rather than being bitter. Lol 😂😂😂
@Eulogio Taylan bitter for not being like you? Lol 🤣🤣 you are too funny bro.
BELFORT PROBABLY ADMIRES FRIED!!! BELFORT IS. LOOKING ON GETTING ON BOARD REGARDING CRYPTO CURRENCY!!! HAHAHA
I’d never jumped onto the crypto bandwagon, because my fear of being hacked and scammed was greater than that of missing out.
FTX is like a frat house as in it smells like a frat house because of the New Balance sneakers.
His shoes give me serious cringe. Gross
If Jordan Belfort says something is shady, I pay attention because it must be shady as all hell! 😂
When you buy Crypto, get yourself a cold storage device like Ledger. Put all your crypto into it. Dont have it on any website! basic security means
⬆️✅⬆️
Belfort is exited he is buying
You just arrive Boston, bought a colt and horse, went wild west FOR FORTUNE and SHOT DEAD. You took risk, you know what risk you were taking.
If there is no SOVEREIGN POWER behind, it is wild west. Zimbabwean dollar vs USA $. why don’t you invest Zimbabwean $ (you may take risk and do invest)? If power of government fail, money will fail too.
If you want a regulated money: US $ waiting for you. If you want a decentralise asset buy gold, commodities.
If any government bail these investors out, they betray their own SOVEREIGN money.
How did he get his Metamask hacked?
✉️✉️*ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ʀɪɢʜᴛ ᴀᴡᴀʏ* ✍️✍️
Why would the US protect bitcoins with regulation?
HAHAHAHA nice idiotic analogy! Unlike FTX, Tombstone AZ had REAL silver mines pulling REAL silver out of the ground, like the Goodenough, Toughnut, Contention, Grand Central, Lucky Cuss, Emerald, and Silver Thread. FTX was just a goofy run of the mill ponzi scheme.
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Jordan is right this is not the end, regarding regulations you might want to look at Switzerland, I am sure they would allow you to copy paste, second he is right with COIN, now where we are trading about fair value, to put clients in at 200 or 150 or even at 100 in my eyes was criminal too, the most overpriced exchange with a what? a 10% market share? That should be investigated as well.
Since I started making money on crypto currency I Invested $5,000 and my profits is $19,000 every 14 days and never lost money on crypto
She owes me a few quid 💷
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Wow 😯 I thought I was the only one who knows Mrs Charlotte Walsh. I have also been trading with her, she’s such an amazing woman with good skills keeps me happy all week knowing I earn $15,000 extra income trading with her.
@Marilyn Beverly Thanks a lot I just sent her a message and
she responded nicely..
She is my family’s personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States 🇺🇸. I started with $4,000 now I earn up to $13,000 a week. God bless Mrs Charlotte.
Isn’t this ironic , Jordan Belfort calling out “bad actors ” .Not too long ago he called crypto a scam .This guy’s a joke🤣😂😅
The rich stays rich by spending like the poor and investing without stopping then the poor stays poor by spending like the rich yet not investiing like the rich
I just withdrew my profits a week ago, it was so shocking when I withdrew $32,450 knowing I invested $3,000. I wish I could reinvest but, too much bills 😩
I’m a long term investor. I withdrew my profits of over £56,000 during the covid-19 pandemic
Long term investment is the best now. I invested $6,500 in march last year with Mrs Geraldine and i top up my trade with $500 every week. Now, I’m having over $147,000 on my dashboard. Toping up your trade is really important
That’s 100% true ✅ Please how do I start trading with her?
Thank you for this. Will definitely reach out to her now. Thanks again
White people have destroyed this country
Interviewing a nonassociated scammer doesnt add any info to this information. It just shows you are desperate for views and have little journalistic integrity. I mean his “entrepeneurship” is hacking get rich quick crypto courses but you forgot to mention that no? Also its coming out that bloomberg was told of all this in June. They did nothing because FTX was spending so much on ads and they didnt want to lose business. Yall are doing at least a bit better than Bloomberg which is sth. A very small sth but a sth none the less/
This is one of the best videos I’ve seen on the FTX fiasco.
Bit Con Dot Bomb – Tax Loss Harvesting EOY = New Lows
Speaker, author don’t forget greedy sleeze, snitched on his friends and ran the money from his movie thru AU as to avoid restitution to the people he robbed.
How come a nice Jewish boy from bayside, Queens , is named Jordan Belford wanna be Anglo ?
“What’s the point of being alive if you don’t at least try to do something remarkable.” _Anonymous
Excellent as usual. You are such a breath of fresh air in the YT finance community So glad to have found your channel. I stay fully invested and keep adding as much as I can each week. In the accumulation phase of investing, we need to capitalize on a down market as much as possible. Don’t track prices constantly. Get more capital to invest. We are in the golden zone so anyone buying below 20k is gonna look like a super hero in the next bull run. Don’t buy and forget. Buy and trade and as you trade. Understand what you are buying. Hedge positions and avoid over exposure. Crypto investing and trading gives me a lot of peace of mind in bull or bear market. The support and mentoring I get from Mrs. Robin Moore with her trade signal is top notch. As I’ve made over 12.9BTC in some weeks of trading bitcoin through her guidance and trade signal with just 2.8BTC.
When I buy bitcoin. I’m not trying to make a quick buck. I’m buying it to hold it for 20, 30, 40 years. I’m buying it because I want control over my money. I’m not selling now, not the “peak” not for a very, very long time. Period.
The Reason why I trade with Robin Moore is because she’s always accurate and helps even when the market is crashing,
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I checked out Mrs Robin before going ahead that was three months ago and now I never regret trusting her. First started small but with the outcome I got. I decided to put more and it’s been amazing
In fairness this is exactly what Big time investors is talking about, not just you. key thing is here is to always trade with a good strategy even if the price goes up or down
Can it be any more disgusting that these DemocRATS–Patty Murray, Joe Manchin, Cory Booker, Maggie Hassan, Hakeem Jeffries, Dick Durbin, Aguilar, Padilla, Gillibrand, Debby Stabenow, and Maloney–received campaign donations from Ukraine which laundered USA assistance to fight Russia, in part, from human-trafficking, gun-running, and FTX laundering? They are part of a treasonous enterprise that converted US Aid for their campaigns by colluding with a foreign government to commit Crimes Against Humanity?
It’s like buying real estate in the meta-verse.
SEC is too corrupt to regulate anything.
When one thinks of investing this days it’s got to be either the stock market or crypto, i personally feel crypto is really worth venturing into especially with the current market dip, it’s a perfect buy moment. I’ve been day trading crypto for 2 months with Mr. Samy Dominic. made 17 BTC from the recent crash in the market within a period of time.
He is the best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).
his signals are so accurate and he take his time to teach you how to execute trades correctly before asking you to invest 💰
Sincerely speaking, i will continue to trade and stick to Samy signals and guides as long as it works well for me ✅
Samy is very sound in analysis and his service delivery is top notch. I am so grateful to him for his assistance which has made me a much better and profiting trader.
Everyone needs more than than a Basic Income to be Financially Secured in this present time that there’s an Economic Decline.
lousy traitors
Lack of regulation is why crypto thrived… Until it all collapsed in on itself.
Regulation I think will only make it worse because it thrived without regulation – for a while . It’s a no touch for me either way.
Das ist ein sehr schönes Video!!! Außerdem sind Geschäfte und Investitionen von Anfang bis Ende der beste Weg, um Geld zu verdienen, unabhängig davon, was gerade in der Welt vor sich geht.
Belfort owes his victims $100 million dollars, is hiding overseas to avoid paying them back, yet he seems to be living large and has enough left over for a little plastic surgery here and there.
The real problem is that people put money in this unregulated ponzi scheme and after tragedy happen the expect tax prayers will pay to bail them out
This whole disaster has me speechless. I have a psych degree.. this zeitgeist of crypto we are experiencing… the most clear example of mass psychosis we will see in our lifetimes
when a large part of a society focuses its attention to a leader(s) or a series of events and their attention focuses on one small point or issue “hey it’s Tom Brady!! oh crap my money is gone..” 🙁 i should have bought those tulips…
Youtube or alphabet, meta, apple and anyone who profited from this should be sued. Why not?
They provided legitimacy and background software to those Ponzi schemes. The youtube algorithm allowed those scammers to spread their messages and even took their advertising dollars. The NBA, ESPN, fox business, yahoo finance the NFL and others took their advertising money.
Regulation is not needed. We regulate legitimate businesses. But crypto is not a business. It produces nothing of value to society.
Jordans spot on 👍🏴
It’s crazier than the “wild west”…..and let’s not forget…Belfort is a felon con man.
The SEC cant buy coffee for the employees. A new agency wiuld need to regulate it.