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How Sam Bankman-Fried Built a $40 Billion House of Cards 1 год назад


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How Sam Bankman-Fried Built a $40 Billion House of Cards

FTX was one of the largest crypto currency exchanges in the world with a market value of $40 billion. This turned founder and CEO Sam Bankman Fried into a billionaire with a net worth of $15 billion. Over the past week FTX collapsed in dizzying speed, declaring bankruptcy and freezing customer withdrawals. So what happened? 0:00 - 3:27 Intro 3:28 - 5:24 Rise of FTX 5:25 - 6:31 Earn Feature 6:32 - 7:43 JP Morgan of Crypto 7:44 - 9:06 Weak corporate governance 9:07 - 10:28 Alameda meltdown 10:29 - 12:00 FTX collapse 12:01 - 14:12 Misappropriation of funds 14:13 Bernie Madoff of crypto? Limited time: get 5 free stocks when you sign up to moomoo and deposit $100 and 15 free stocks when you deposit $2,000. Use link https://j.moomoo.com/00iPZo Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d... Email us: [email protected] Support us on Patreon: https://www.patreon.com/WallStreetMil... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial #ftx #sbf –––––––––––––––––––––––––––––– Buddha by Kontekst   / kontekstmusic   Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library    • Buddha – Kontekst (No Copyright Music)   ––––––––––––––––––––––––––––––

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