#FTX #SBF #crypto #yahoofinance
Veteran Short-seller Marc Cohodes breaks down the collapse of FTX and founder Sam Bankman-Fried and how the greater crypto ecosystem overlooked these oversights.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Sam Bankman- the scapegoat of the zio-bansker.
SBF going to jail for sure
TeXt Me DiReCtLY 👆👆✍️
Scam the man,
ScAM Bankrupt Fraud
TeXt Me DiReCtLY 👆👆💬
Man chose facts biased but all facts
Crypto is a circus stunt side show. 😊
damn..this eastern european babe is hot
He’s innocent!
Dont excuse for the language. Marc ist correct and 100% on point. Things will figure out, and SBF will get his last bill to pay.
TeXt Me DiReCtLY 👆👆✍️💬
Fried was *ratings.* And still is. *And we continue to get fried!*
Damn she fine
Got that right 😊
@G K She needs an Onlyfans and Fansly profiles.
Money for nothing and your chicks for free.
TeXt Me DiReCtLY 👆👆✍️✍️💬
“It’s all bull sh*t”… okay now. Put that in the thumbnail description. 😅
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
LOL
Marshmello Finance MARSH3 is 🔥🔥
Marshmello Finance MARSH3 is 🔥🔥🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 is 🔥🔥
The smartest token in the world is Marshmello Finance MARSH3, the first token that controls itself and not by owners or anyone else.
like an AI token? people dont control it only AI control it?
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Amazing videos 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.
I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading, James is indeed great 👍
@Robin Hecker My cousin was claiming to make over $30,000 per month with them. Was reluctant to join before, now I guess I have no choice.
Hey guys thanks a lot, you just saved me from crypto loss by recommending such a successful and a legit broker in the United States.
Keep good records for when the Bankruptcy Trustee comes after you to claw back the gains!
He is a number one scammer…. Stole all money…. Stop promoting a scammer
This is excellent! Great job, Marc!
TeXt Me DiReCtLY 👆👆💬💬
Let someone who can’t manage his hair and proper clothing manage your fortune ?
I trusted him to buy good property in the Bahamas with my money. Turns out he bought $300 million worth of it. Hope the market is good.
@Will TeXt Me DiReCtLY 👆👆
“There’s always been sociopathic behavior with men at the top”; what a chilling statement
With PEOPLE at the top. As Elizabeth Holmes so aptly demonstrated that women at the top are also.
But very true. Why? a) what personality type pursues power and control? b) What personality type does what’s “necessary” to be at the top?
Psychopaths, sociopaths, narcissists all over. Time everyone reads the bestsellers on psychopaths.
One can reach the top morally and righteously but it’s A LOT easier just to cheat your way up.
He just hustled everybody with the looks of everybody’s greatest potential sleeping in the garage nephew look… People just wanted him to win… SHM They just took a shot at the wrong person, and he bit them in the ass…
TeXt Me DiReCtLY 👆👆⬆️⬆️⬆️
A young Bernie
What charitable institutions the politicians law makers and himself?
Seem like he got burn by a young guy! 😂😂😂
I thought the exact same thing 🙂 … The words are coming out of a badly burnt hands…
TeXt Me DiReCtLY 👆👆✍️✍️
Lol.. this person invested a lot it seems and is now getting personal.. He was giving examples of FOMO, and I think he is one of the ones .. lol
TeXt Me DiReCtLY 👆👆✍️✍️✍️
This young lady (host) is SMOKIN!! Very bright! What’s her name?
Does she has an Onlyfans profile to go along with her LinkedIn? 🤣😂🤣😂🤣😂🤣
TeXt Me DiReCtLY 👆👆
@Juan Montoya 🆙🆙🆙✍️✍️✍️
hi
Weird hair, weird voice, weird clothings, constant word salads and cagey responses, wacky contrived persona. This is Elizabeth Holmes 2.0.
With “men” as if it implies all men.
I wonder if we call people sociopaths so that we dont have to admit that we have character defects the same as the people who are in trouble
so he was basically a con man !!!
Zero chance Brady was paid $650M to do that sponsorship
bruh I just commented about that, what the hell who the hell missed that one? what’s this guys name how embarrassing.
That’s BS.
@Token TeXt Me DiReCtLY ☝️☝️💬💬
beware of the crypto curse….
it’s all based on greed anyway, if i make a worthless coin called fake coin and convince people to buy it at $1 percoin, then others want in and are willing to pay $2 percoin, then others will start talking and still others will want to pay $5 per coin, as long as people are infected with the “belief !!!” that fake coin has value and are willing to invest and drive up the price, or support it if it falls then the gravy train will roll on until the limit is reached, look at bitcoin, it reached a limit and it crashed, the only thing it has in it’s favour is strong community support or the crash may have been much worse !!!
Elite clowns saw his MIT degree and all the money going in to FTX and looked the other way.
Everybody and their mother “Saw it coming” , but nobody did something about it in time.
TeXt Me DiReCtLY ☝️☝️💬💬
@avarmauk
Hey you think I can borrow like $8,000 so I can buy a work truck I’ll pay you back 20% interest in 2 years not joking
@James Dean I’m not a bank sorry. You’ll be able to get terms on a loan from a bank. I wish you luck my friend.
@avarmauk Some people win the lottery from a $20 ticket. Some people become millionaires from out of money options.
Same thing with crypto, if you got lucky and are now retired, then that’s great for you. I just hope that you don’t have your money in risky investments like crypto, you probably don’t want to go back to work and shouldn’t be investing like you’re under the age of 30 anymore. A piece of advice would be to take all gains and putting in treasuries or blue chip dividend paying stock and you have a stable income for the rest of your life.
I had expected something to happen as it was too young people and especially Caroline made a huge fuckup and flushed out Sams company.
Um. Small correction. He’s not a man’s arsehole. And he’s never been at the top. He’s a crook.
Just cause SBF looks & speaks like a child doesn’t mean he shouldn’t be held accountable for this fraud
Weird take, you’re right obviously but the way you got there seems not clear how it connects to the end result. Isn’t getting places without out heaps of hard work or being special just what super privileged ppl like him do? Seems like parents etc well connected
money laundering for dems
When did we start apologizing for calling bullshit as Bullshit? Jeez!
TeXt Us DiReCtLY ☝️☝️💬💬✍️✍️
the public has been duped…. sbf ‘donations’ where NOT altruistic, they funded woke ideology. So called woke ideology is NOT logical it is political. The environmental destruction, for instance, is NOT just the climate; and EVs and windmills, although better than dirty forms, do NOTHING for the environment on a small scale with passenger cars in the US, when heavy industry and global shipping are FAR worse contributors. Let’s take the Ukraine war as another example…. the mainstream media would have you believe that putin is just taking land and attacking because he is “mad.” This simplified narrative is a ONE-SIDED opinion, when in FACT Russia invaded because of nato military expansion fears, coming closer and closer to their BORDER. Certainly war is NOT justified but the fact of the matter this the war is allowed to continue, with no talk of de-escalation or a peace deal, with the ONLY beneficiaries to keeping the fighting going are ALL the arms manufactures who are supplying weapons, AND the elite who stand to benefit if putin is removed and a US dollar friendly leader can replace… so that the investments can begin! The bottom line is that this whole ftx stinks to high heaven; AND there are WAY too many big names involved, US politicians, zelensky, former regulators, celebrities, for this NOT to be another example of woke ideology funded… So instead of looking at the fall guy, the poor kid who lost big in this, why doesn’t the media investigate ALL those who made out? Probably because the entire msm is controlled with woke ideology, that does not serve the people but rather the elites…..
Look at all these bot posts. Yeah dude Marsh is 🔥 Crypto tards are so gullible. They loved they idea of effective altruism they just didn’t want their money used.
This clown was not talented enough to be the head of the Snake .just a pawn
Yahoo is here to cover it up, wonder how much he gave them in the pass
It’s not the 007 strapped to the table by Goldfinger headed to be cut in half by a laser beam or an action move with the star fighting on a conveyor belt headed to a metal shredder. But it is entertaining and isn’t going to end like any of those shows 🙂
TeXt Us DiReCtLY ☝️☝️💬💬
The ftx crisis shows the true colors of blockchain. the picture painted to public about the whole crypto world, transparency traceability etc etc and now it has been 3 weeks and no one can trace anything the so called ledger. Just the gimmick of blockchain ledger
TeXt Us DiReCtLY 👆 👆✍️
“Veteran short seller”… lmao. So this guy basically lives with his mom and has his bills paid by parents.
He didn’t donate millions of dollars to charities. He didn’t bail out other crypto companies. He stole his customer’s money and donated his customer’s money, he bailed out crypto companies with his customer’s money without permission. He purchased favor with politicians and political organizations with stolen money. He has bought his freedom from theft with stolen funds. Commit the crime and use the plunder to buy your freedom of the crime…
This was all by design. Just follow who benefited in a major way. Follow the money. You may be surprised.
Great summary by Marc Cohodes. I don’t feel sorry for those masses of idiots who puts their faith and money in this young freak guy SBF’s hands. But he definitely deserves to be jailed for his fraud. When I told people I was skeptical of crypto as it is limited supply of nothing, people thought I was weird. I don’t know if they learnt any lesson after this sbf though.
No, no, he’s right. It is bullshit. That was the proper word choice.
Cahodes sums it up perfectly. People need to listen to people like this on who SBF actually is and not fall for the narrative SBF is pushing of a naive kid being in over his head. That is a massive smokescreen on the severity and scale of this highly calculated INTENTIONAL fraud by this guy. If his worthless FTT token was not sold off he would be continuing to leverage (steal) his customers deposit money as his personal piggy bank. This guy needs to go to prison for a minimum of 10 years and be barred from ever running a company again. His “I wish I had done things better and I made some miscalculations” speaking tour needs to be taken for what it is – a sociopath trying to manipulate so he can avoid prison
Why don’t they leave Sam bankman cut a big old stankman-Fried alone???
TeXt Us DiReCtLY 👆✍️💬
I see FOMO and I tun the other way
He’s a lying thief. He’s squirrelled away a ton of money. Lock him and his parents up, and throw away the key, until they talk and the money’s returned. It’s actually pretty simple.
buffet called this years ago
Wait until you learn about Elon Musk and his lies.
Spot
I have never seen a trader as open and transparent as Alice Rodwell with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don’t normally comment on videos, but this word should be included. she is really cool.
I know I’ve wanted to start investing for a few months, but just haven’t had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are her services like?
@Xīnyí Chu Hua She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that. You can take a look at her full name on the internet. She is renowned. So it shouldn’t be difficult to find her official webpage.
Having a coach is key to portfolio diversification, My advisor is “Alice Rodwell Crypto Program” You can easily look her up, she has years of financial market experience
Over time, the Crypto market has shown to be beneficial and rewarding, but it all relies on your investing strategy. If you invest incorrectly, you may wind up with losses, which no one wants
supposedly they bailed those companies because his hedge funds portfolio holded all those trash tokens, the hedge fund takes loan using those tokens as collateral, if tokens crashed their collateral value crashes forcing margin call auto liquidation which would further crash the value of tokens, they basically saved themselves by bailing them out and the media championed them, binance is on the same business model, one crash in crypto will send them into a big hole if they cant find more investor money
All good ponzi schemes crash in the end… Karma for fat sammy. He did give alllllllll his $$$$$$ away….. Con man
Elizabeth Holmes is now a man!? I did not know
*”Whenever you find yourself on the side of the majority, it is time to pause and reflect.”* -Mark Twain
did this dude just say SBF paid tom Brady 650 million dollars, to be a sponsor? bruh, I’ve never seen something like that. what’s this guys name man that’s embarrassing
TeXt Us DiReCtLY 👆✍️✍️✍️
@6:20 WHAT! That short seller Mark Cohodes did not just say “650 million” on accident, he followed up with elaboration and distinctly describes the difference in Brady’s nil income.
That comment is wildly outrageous and a lie. Premeditated.
The following up on the difference in income is immoral and corrupt. Just gross.
You lazy punk. Unless you know something we don’t I can’t believe you said that.
I can’t believe Yahoo posted this after he said that.
I like this guy
Sam is the typical American Psychopath, first appear as a Savior, come out fresh clean charming humble, honest,
Oh f-k off! We are getting sick of the sexism towards men. Women can be crap too.
Mmm not sure theranos was much better
Marc sees and speaks the truth. Excellent insights!
Best interview I’ve heard.
TeXt Us DiReCtLY 👆✍️
Elizabeth Holmes is biggest sociopathic CEO of the past century and is a WOMAN…
Finallyyyy! Someone said it!!!!
And we appreciate the lack of censorship
Strictly speaking, Mr. Cahodes said “with *the man* at the top”. I don’t think he intended to make some point about sexism. In any case, Cathy Wood has lost a lot of people money, just like SBF. Is she a sociopath? He used it as a phrase, and as it pertains to the situation he describes it is accurate.
TeXt Us DiReCtLY 👆👆💬💬
Media, politicians and influencers are all blinded by money, and all of them are trying protect him. No doubt, he is a Sociopath and he definitely need to go jail. The pain and destruction he’s caused in immense and irreversible. All in the name of an Altruistic ideology that has blinded many.
Never trust any businessman who says they don’t care about money. Giving 1% of your money when you promised giving all of it away should have been taken as a sign.
Alexandra is the best 😉
Crazy how 100+ Billion dollars was wiped out overnight.
So SBF paid the spokesman with fake tokens at crazy prices not dictated by current market or future markets. Unlimited money spending by SBF.
its easy for MSN and Citadel to blaim a fake FTX company. Its all corruption. And it start on the top. FTX is not the TOP.