Exposing Tether - Bitcoin's Biggest Secret

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  • Опубліковано 30 жов 2024

КОМЕНТАРІ • 9 тис.

  • @skrinix
    @skrinix 3 роки тому +11672

    dude i’m scared of getting a speeding ticket. how the hell do people just commit multi-billion dollar fraud like it’s a career choice you learn about in high school? insane.

    • @rpfoxw
      @rpfoxw 3 роки тому +1615

      Step 1: Be a sociopath

    • @gamercod3520
      @gamercod3520 3 роки тому +516

      @@rpfoxw Ok step 2??

    • @DJVARAO
      @DJVARAO 3 роки тому +40

      Because they can?

    • @DJVARAO
      @DJVARAO 3 роки тому +374

      @@gamercod3520 Step 2: start scamming as if there is no tomorrow.

    • @nicomal
      @nicomal 3 роки тому +71

      Something wrong with their brains…. Or ducks

  • @eggmon420
    @eggmon420 Рік тому +5291

    “Hey what happened to your auditor?”
    “Oh we fired him because he was doing his job a bit *TOO* well.”

    • @zoereed6539
      @zoereed6539 Рік тому +125

      You know when they be firing there auditor that it’s all over.

    • @fiveoneecho
      @fiveoneecho Рік тому +57

      "I have fired the horsecatcher"

    • @bro6568
      @bro6568 Рік тому

      You know I couldn’t care less if Tether blows up but the government or any real world bank just better not bail them out. That probably will happen seeing what happened in 2008…..

    • @galil_6863
      @galil_6863 Рік тому +53

      "because he wasn't in on it"

    • @anthonyvita886
      @anthonyvita886 Рік тому +73

      "He wouldn't take the bribes to half-ass his job"

  • @CalvinLangatMMA
    @CalvinLangatMMA 3 роки тому +4080

    Stay safe brother. You’re shaking some huge tables and you’re a real journalist in my books. Stay safe ❤️

    • @changedname_8970
      @changedname_8970 3 роки тому +77

      Tether Untethered

    • @tangol8170
      @tangol8170 3 роки тому +166

      Real journalist is a massive complement and a hard find nowadays and I couldn't agree more

    • @zyrrhos
      @zyrrhos 3 роки тому +42

      @@tangol8170 Aaron Maté. Glenn Greenwald. Chris Hedges. Matt Taibbi. A few others. They're out there, but they're few and far between. I know one thing, I wouldn't want to be on the wrong side of these shady Tether cats.

    • @mrfahrenheit2006
      @mrfahrenheit2006 3 роки тому +39

      True 99% of “journalists” are pure and utter scum nowadays

    • @siamsurf
      @siamsurf 3 роки тому +5

      Only replying to push this comment. :-)

  • @haxney
    @haxney Рік тому +988

    As Peter Zeihan once said, "not all cryptocurrency is a scam, some of it is just a pyramid scheme."

    • @cwill2127
      @cwill2127 4 місяці тому +7

      Tomato tomatoe

    • @big_dawg6985
      @big_dawg6985 4 місяці тому +7

      I don’t think you understand what a pyramid scheme is

    • @cryptoholica72
      @cryptoholica72 3 місяці тому +2

      Clueless.

    • @cwill2127
      @cwill2127 3 місяці тому +6

      @@cryptoholica72 lmao crypto bro cry harder pls

    • @CarlVallory
      @CarlVallory 9 днів тому

      USD after 1971 is also a fraud like USDT. And no one is crying about it.

  • @luckylanno
    @luckylanno 3 роки тому +4527

    Famous last words: "Crypto is decentralized, and free of the corruption of the central banking system"

    • @JamEngulfer
      @JamEngulfer 2 роки тому +876

      People didn’t want it to be free of corruption, they just wanted to be the corrupt ones.

    • @hamyncheese
      @hamyncheese 2 роки тому +258

      @@JamEngulfer Bingo! That is a universal truth

    • @kealeradecal6091
      @kealeradecal6091 2 роки тому +20

      Anything can be corrupted, its just that with crypto, you're anonymous, and government cannot cover your ass and put any fraudster to jail and fet your money back

    • @paulminshall8793
      @paulminshall8793 2 роки тому +8

      Free of oversight as well. I bet most of the dollars backing Tether are now in the personal bank accounts of the founders.

    • @tokertalk9648
      @tokertalk9648 2 роки тому +10

      It looks like they were funneling a lot of cash into the Chinese real estate market through tether. Its estimated 1/3 of their 'commercial paper' was Evergrande bonds which are being defaulted on! This ponzi is propping up the chinese economy by a thread right now. WHen they go, everything else will follow shortly after. Shit is gonna get ugly fast!!!

  • @jorgemiguel2641
    @jorgemiguel2641 3 роки тому +2698

    Ah yes... Shroedinger's money reserves: the money is both there and not at the same time, and if you try to confirm, you become broke

    • @Hailmaryy28
      @Hailmaryy28 3 роки тому +47

      Good one bro hahaha

    • @Faxy95
      @Faxy95 3 роки тому +38

      That's not even how you spell it but I'm not gonna be a grammar nazi cus that's funny lmao

    • @BlueBomberGamerOficial
      @BlueBomberGamerOficial 3 роки тому +53

      quantic money

    • @adeleke5140
      @adeleke5140 3 роки тому

      Lmaooo

    • @wealllikeitsomilkit4301
      @wealllikeitsomilkit4301 3 роки тому +8

      Men Id rather trust "Trust Me Bro" than these guys despite my Tethers

  • @aaronmarko
    @aaronmarko 3 роки тому +3650

    THIS is the kind of journalism crypto needs more of. There's too many people uncritical of what's happening in the crypto space and it's just going to lead to more fraud.

    • @mrmercedes745
      @mrmercedes745 3 роки тому +77

      That’s true, although I do admit the “China banned Bitcoin” FUD has definitely been overused since 2013, I wish sugarcoating that crypto is “going to the moon” would stop too

    • @grutopsy
      @grutopsy 3 роки тому +39

      finally someone tackled tether, the brrrrrrrrrrr machine behind the last huge BTC rally

    • @sensational136
      @sensational136 3 роки тому +7

      You have no idea about crypto. Stay poor, I like that.

    • @grutopsy
      @grutopsy 3 роки тому +74

      @@sensational136 looool have fun being in a cult.
      few will understand, right?

    • @cgarett1071
      @cgarett1071 3 роки тому +3

      @@grutopsy How so?

  • @kasperadamson4654
    @kasperadamson4654 Рік тому +281

    The gentleman in the red shirt blew my mind. His like a top journalist. Where did he pulled all that information?! Must have taken months to dig out. Great job!

    • @cwill2127
      @cwill2127 4 місяці тому +23

      Yeah genuinely the most impressed I’ve been out of all his interviewees. And I’ve seen every video lol

  • @og_paulsack
    @og_paulsack 2 роки тому +1131

    I'm a teacher and I'm over here taking notes on how to create a comprehensive, understandable, and engaging presentation. Keep up the great work, financial literacy is huge.

    • @johnsmith-fz5pz
      @johnsmith-fz5pz 2 роки тому +21

      I think I looked at what tether was recently. I was like what is it. because someone said you can get it to buy crypto. so I looked. and I think I found the same. that it was backed by "nothing" "debt lent out to people as a gurentee" but who where those lendies. "who ever they deemed safe to them" I was like umm no this doesn't seem very good

    • @FlareStorms
      @FlareStorms Рік тому +37

      ...so today i learned that my old english teacher watches coffeezilla

    • @phenex5190
      @phenex5190 Рік тому +8

      That's amazing! I bet your lectures/presentations have improved as a result! Must be a cool teacher to comment on a coffeezilla video

    • @CryptoIncursion
      @CryptoIncursion Рік тому +6

      Coffeezilla is fantastic no doubt

  • @polyvioscharalampous2460
    @polyvioscharalampous2460 Рік тому +2141

    I'm honestly amazed that a year later, Tether is still around especially after all those crypto exchanges going under..

    • @klorell5319
      @klorell5319 Рік тому +189

      Not only that, a year later the Tether in circulation are 66B so in that 1 year since the video was posted they issued another 4B Tether.

    • @tobywillard6971
      @tobywillard6971 Рік тому +48

      winters not over yet

    • @mikev324
      @mikev324 Рік тому +30

      @@klorell5319 If Tether is a scam, why aren't prosecutors looking into this? Will this just keep going?

    • @Arvl.
      @Arvl. Рік тому +3

      So is it like good now?

    • @michiadams
      @michiadams Рік тому +57

      @@Arvl. Nah, their moneyprinter is still at it

  • @MrX-nc8cm
    @MrX-nc8cm 3 роки тому +2684

    Im a crypto trader, this is not FUD, this is real journalism. Thanks to bring awearness to the subject. I hope Tether turns out to be legit, because is conserning that the whole crypto market liquidity is sitting on this time bomb.

    • @jbrickman6403
      @jbrickman6403 3 роки тому +177

      @Bignuke87 you're right, but the point is that it's the third largest crypto coin by market cap. What does that say about the rest of the market.
      Do not forget, Bernie Madoff did his scams just prior to the 2008 market crash.

    • @Vaultboy101
      @Vaultboy101 3 роки тому +49

      So what you're saying is, I should get in once Tether collapses?

    • @buttsauceable
      @buttsauceable 3 роки тому +119

      hope this fucking annihilates the crypto market.

    • @chethanmohan
      @chethanmohan 3 роки тому +3

      what measures are you taking to protect yourself?

    • @face1159
      @face1159 3 роки тому +6

      @@buttsauceable I doubt it

  • @plexxarbiitch
    @plexxarbiitch Рік тому +584

    The robot saying “it’s cringe” was way funnier than it should be

    • @tzvikrasner6073
      @tzvikrasner6073 Рік тому +40

      Sticking to the "you're gonna need a lot more than one drink" bit throughout the intro, even deliberately botching the greeting *twice* was serious commitment to a joke

    • @csnipper524
      @csnipper524 Рік тому +6

      At least i wasn't the only one

  • @Jungernaut
    @Jungernaut 3 роки тому +1764

    Production quality is out of the world 🔥🔥

    • @jam4448
      @jam4448 3 роки тому +4

      So... thoughts?

    • @josephsaji619
      @josephsaji619 3 роки тому +3

      So whats the thought junggy 🤓

    • @8thdayadventist911
      @8thdayadventist911 3 роки тому +9

      Not really. He made this video at home, not in space.

    • @foyoGames
      @foyoGames 3 роки тому +2

      Reminds me of Quinn's Ideas & Trollion

    • @jan_harald
      @jan_harald 3 роки тому +2

      well, the intro is kinda weird (at least when not regularly watching his videos) and fluidly merges into the video (basically requiring linking with a timestamp), other than that, yes, totally amazing

  • @DJ-wl5qo
    @DJ-wl5qo 3 роки тому +621

    “We’re firing our auditor because he knows too much.”
    Wut

    • @macsteezywayz4603
      @macsteezywayz4603 3 роки тому +73

      Because he was asking too many questions. Which is worse. It’s like trying to buy a house and the owner saying “well I tried to get the house inspected but the inspector was inspecting too much.”

    • @azrael7367
      @azrael7367 3 роки тому +41

      it's like being a food company and being like " we won't do a health inspection because the inspector is asking to much"

    • @ultraboombean
      @ultraboombean 2 роки тому +10

      Not fishy at all

  • @Ajaxx47
    @Ajaxx47 3 роки тому +389

    When he said “money’s there, can promise you that.” Literally sounded like he was lying lmao. I love crypto but man this is not good.

    • @smgg7191
      @smgg7191 3 роки тому +25

      But.... but we bank at the same bank

    • @FateYYZ
      @FateYYZ 3 роки тому +18

      "Dollar's all there"
      [x] DOUBT

    • @stevev1008
      @stevev1008 3 роки тому +9

      In a foreign voice too, I watch too many movies to know that's the evil guy

    • @justjacqueline2004
      @justjacqueline2004 3 роки тому +1

      "not good" ,love it. Me I am expressly avoiding the disaster coming soon.

    • @aj9969
      @aj9969 3 роки тому +2

      Did he do the pinky promise ?

  • @MrDigitsu
    @MrDigitsu Рік тому +805

    Bravo Coffeezilla. Bravo. From an OG who has been frustrated since 2017 trying to call out Tether. I'm glad an expose like this is finally coming out into mainstream social common knowledge.

    • @rvahi
      @rvahi Рік тому +2

      Lol, the difference between tether and fed is?

    • @Unfezant33
      @Unfezant33 Рік тому

      @@rvahi Fed's scam is more known than Tether's scam

    • @McKillins
      @McKillins Рік тому

      @@rvahi the army, the government oversight, the elections, US influence on the rest of the world, GDP, actual physical goods instead of just niche internet stuff. The list goes on. Is it perfect? Of course not. But it also isn't propping up the rest of the world's currency on it's back like tether and has much more real reason to be believed or forced into

    • @mgtowveteran3234
      @mgtowveteran3234 Рік тому +1

      Still not collapsing, lmfao. Missed the bottom, bobo.

    • @07kamichamakarin
      @07kamichamakarin Рік тому +56

      @@mgtowveteran3234 A huge crypto company without an audited FS is still a red flag. Love how you switched to another language to mock this person. Either you're scared or being creative.

  • @Vexxed
    @Vexxed 3 роки тому +2948

    5 billion dollars in "assets" per employee. That says it all.

    • @murdey
      @murdey 3 роки тому +100

      Man it's wild to see you here. I miss your videos and hope you're well!

    • @hurdur6828
      @hurdur6828 3 роки тому +10

      @@murdey yeah

    • @digiflex8550
      @digiflex8550 3 роки тому +13

      Yeah wtf haven’t seen Vexxed in forever!

    • @digiflex8550
      @digiflex8550 3 роки тому +16

      From the old RuneScape days to North Korea

    • @mikechisholm
      @mikechisholm 3 роки тому +4

      When’s the next vid coming out lol

  • @PBoyle
    @PBoyle 3 роки тому +3604

    Love the editing on this one. Great work!

    • @askmeanything8336
      @askmeanything8336 3 роки тому +16

      *You have no clue.* ✔

    • @asswhole4195
      @asswhole4195 3 роки тому +56

      Hey Patrick, would love to hear your take on Tether on your channel as well!!

    • @boyesjoe-joe5587
      @boyesjoe-joe5587 3 роки тому +7

      @@asswhole4195 yeah, that would be great

    • @fabrizi7362
      @fabrizi7362 3 роки тому +10

      Yeah, Pat. What do you think of tether. It will be a great video. Thanks👍

    • @slavenrasic2173
      @slavenrasic2173 3 роки тому +10

      Are you using bots on your own comments???

  • @kuso3079
    @kuso3079 2 роки тому +1248

    This is damn scary. Having those type of characters behind tether is almost a guarantee something illegal is happening. Plus having a ceo saying I can’t show you but the money is there. I promise! That was chilling. Usually I try to keep it lite in the comments but there’s nothing to joke about in this piece. Good work Coffee. This type of information is priceless.

    • @kuso3079
      @kuso3079 2 роки тому +2

      @crassgop that's my bank!

    • @glennwatson3313
      @glennwatson3313 2 роки тому +19

      Well its kind of funny to me but then I keep my money in a coffee can buried in the back yard.

    • @stefanfrankel8157
      @stefanfrankel8157 Рік тому

      That type or those types. Singular, plural. Don't scramble them like eggs. That type of character or those types of characters. Buy a damned grammar book if you have to.

    • @pete614
      @pete614 Рік тому +5

      get out while you can

    • @piercearora7681
      @piercearora7681 Рік тому +26

      ​@@stefanfrankel8157 As a fellow nerd who gets triggered by grammar errors, I have to say, it was probably just a typo bruh.

  • @syntaxmsi
    @syntaxmsi Рік тому +1220

    This video isn't just an expose, it's art. Nice work!

    • @xehP
      @xehP Рік тому +9

      100% art, this was posted a year ago, and tether is much stronger than before by 10%, why do you think that is?

    • @Miranox2
      @Miranox2 Рік тому +47

      @@xehP FTX also looked really strong until it collapsed in a single day. It's called fraud.

    • @xehP
      @xehP Рік тому +3

      @@Miranox2 funny how he didn’t make a video on FTT 💀

    • @BlueSquatchproductions
      @BlueSquatchproductions Рік тому +3

      It's an NFT 😆 🤣

    • @CrafteyBucket
      @CrafteyBucket Рік тому +6

      @@xehP Why wouldnt they? Do you think that proves something?

  • @narcoleptic-insomniac4663
    @narcoleptic-insomniac4663 3 роки тому +193

    Damn coffee this is the type of info that gets people disappeared. Thank you

    • @Dmartinez117
      @Dmartinez117 3 роки тому +10

      He and Jake Tran should start a youtube channel together

    • @est94
      @est94 3 роки тому +2

      Nah , if he was talking about regular banks yeah

    • @maximo6037
      @maximo6037 3 роки тому

      Which of the 13 guys is gonna do it lol

  • @NightDocs
    @NightDocs 3 роки тому +1037

    I was listening on my drive home and straight up pulled over to give this my full attention

    • @VinceVintage
      @VinceVintage 3 роки тому +28

      its that good right?!

    • @aa2220
      @aa2220 3 роки тому +18

      Did you dump your bag?

    • @havenkeeper6400
      @havenkeeper6400 3 роки тому +14

      I was laying down ready to go to bed now here i am full boar in my trousers about to watch the full thing

    • @terryshin4948
      @terryshin4948 3 роки тому +1

      Hahaha that's funny

    • @osl5686
      @osl5686 3 роки тому +4

      Guyz I don't have Bitc.¡n but even I am looking out of my window of my overpriced high-rise concerned 😬

  • @BoodskiBro
    @BoodskiBro 3 роки тому +957

    If someone started a business where they give you a token/coin/piece of paper that represents a dollar, the first thing I expect them to do is give more tokens than they have dollars, because that's always what happens.

    • @BeersAndBeatsPDX
      @BeersAndBeatsPDX 3 роки тому +68

      If it's worth a dollar why not just use a dollar?

    • @custxmstudios
      @custxmstudios 3 роки тому +91

      @@BeersAndBeatsPDX crypto to crypto transaction not crypto to fiat. None taxable till it’s USD so they made USDT

    • @m_fredi9549
      @m_fredi9549 3 роки тому +43

      Like, gold standard all over again

    • @scoopitywoop
      @scoopitywoop 2 роки тому +17

      @@BeersAndBeatsPDX it's like buying arcade tokens, they have their own unique use

    • @brandonpotter4641
      @brandonpotter4641 2 роки тому +55

      Oldest trick in the book. Banks have been doing that with loan papers since at least the 1800s

  • @stickinug
    @stickinug Рік тому +460

    Your channel is so freaking good. Your work is so thorough and everything is presented well. I'm glad UA-cam finally recommended your channel to me

  • @cryptojackfriks
    @cryptojackfriks 3 роки тому +108

    That teaser really made me the earliest I've ever been to the billion-dollar studio featuring the all mighty and quite handsome, Coffeezilla.

  • @aicoalition
    @aicoalition 3 роки тому +280

    CNBC reporting it is opening criminal fraud case against Tether. Good work.

  • @Ranoldopereztroika
    @Ranoldopereztroika 11 місяців тому +132

    So basically Tether and Bitfinex were founded by a syndicate of every possible villain out there.

    • @jarrodbright5231
      @jarrodbright5231 9 місяців тому +23

      No, I think The Penguin steered clear of this one

    • @Ranoldopereztroika
      @Ranoldopereztroika 8 місяців тому +1

      @@jarrodbright5231 🤣

    • @MichaelDiSalvoSATandACTTutor
      @MichaelDiSalvoSATandACTTutor 4 місяці тому

      Sounds like bankers and politicians to me 🫣

    • @nothobbesmufc949
      @nothobbesmufc949 2 місяці тому

      @@MichaelDiSalvoSATandACTTutor isn't crypto supposed to be getting away from those things? yet the ppl in crypto wanting to get away from them instead give their money to ppl who have no ethics, no morals, and have an easy way to steal their money in a blink of an eye with zero recourse. All crypto scams were cash scams before regulation. Crypto bros will never learn this.

  • @Argumemnon
    @Argumemnon Рік тому +143

    "There's so much negativity" sounds like the fortune teller's excuse when put through an actual test and can't perform.

    • @mariecarie1
      @mariecarie1 Рік тому +13

      It’s literally the same vernacular people in MLMs use. “Quit looking at how scammy this business is, you don’t need to know details. Don’t be so negative!” Kinda scary.

    • @TrackpadProductions
      @TrackpadProductions Рік тому +2

      They also both do the whole _"it doesn't work if you don't believe in it!"_ shtick, too.

  • @prophetoverprofit
    @prophetoverprofit 3 роки тому +989

    I’m gonna get out ahead of this and say Coffeezilla didn’t kill himself.

    • @husseinmohamed4227
      @husseinmohamed4227 3 роки тому +11

      ^^^

    • @BarbershopReviews
      @BarbershopReviews 3 роки тому +54

      As long as he doesnt try to say the Clintons are involved....

    • @JFLAMEZ
      @JFLAMEZ 3 роки тому +3

      Oh damn!!!!!!!!!! Real T

    • @at6932
      @at6932 3 роки тому +9

      ill second this as a certified clairvoyant lol

    • @samdacosta4676
      @samdacosta4676 3 роки тому +15

      Neither did Epstein.

  • @celestial2091
    @celestial2091 3 роки тому +1030

    damn the whole board of the company looks like a criminal reunion

    • @samsonsoturian6013
      @samsonsoturian6013 3 роки тому +81

      Mafia. That's the word you want.

    • @johnpenguin9188
      @johnpenguin9188 3 роки тому +13

      From *redacted*

    • @daniellarsson3453
      @daniellarsson3453 3 роки тому +14

      Because it is.

    • @Scorch1028
      @Scorch1028 3 роки тому +12

      It's amazing that there is so much "confidence" in a currency that no one can "prove" is backed by anything tangible.

    • @French4ward
      @French4ward 3 роки тому +2

      I like that comment but I won't "like" it because the number of likes feels just about right 😆

  • @digitalmarketinghumans
    @digitalmarketinghumans 3 роки тому +728

    Is it me or has the quality of this video or just channel in general went up like crazy. So Netflix worthy..probably better! I knew pumping the $ZILLA stock would be worth it!

    • @unluckygamer692
      @unluckygamer692 3 роки тому +27

      $ZILLA TO THE MOON!!!!

    • @Bbfishman
      @Bbfishman 3 роки тому +29

      hes been on netflix!! only in the credits but it counts in my book

    • @Slashx92
      @Slashx92 3 роки тому +12

      $ZILLA will pay my first born’s lambo!!!

    • @halilkuzyaka7213
      @halilkuzyaka7213 3 роки тому +6

      I invested in $ZILLA before this vid. I guess im becoming a millionaire soon B)

    • @ivanyekimov1470
      @ivanyekimov1470 3 роки тому +3

      Gotta respect the pump!

  • @PatrickAyelle
    @PatrickAyelle Рік тому +394

    just a note: the crypto influencer talking about FUD had a top banner advertising blockFi. I'm curious if he was screaming FUD when it was suspected BlockFi was about to declare bankruptcy.

    • @jashansogi2641
      @jashansogi2641 Рік тому

      who?

    • @xehP
      @xehP Рік тому +5

      a lot of crypto UA-camrs go in depth as to why something is considered FUD, they don't make fancy scripted and edited videos, they analyse and explain certain trends etc. wake up.

    • @jeffbrownstain
      @jeffbrownstain Рік тому +47

      @@xehP Ooof.
      Imagine agreeing with someone and then insulting them. Don't be so dense, you've made SO many replies on this channel this week 😶

    • @xehP
      @xehP Рік тому +4

      @@jeffbrownstain I've probably made like 5 comments lmao generic liar.

    • @jeffbrownstain
      @jeffbrownstain Рік тому +28

      @@xehP I can see your comments on this channel and they range in the dozens, as can everyone else on youtube.

  • @KeithAdam
    @KeithAdam 3 роки тому +1644

    You make incredible videos.... the research, the editing, the narration...keep it up man. Love this channel

    • @mbands
      @mbands 3 роки тому +8

      Greetings my sapling

    • @Mario-qh2lr
      @Mario-qh2lr 3 роки тому +8

      My young sap

    • @myresonance8013
      @myresonance8013 3 роки тому

      Are you his room mate ?!?

    • @alimc1867
      @alimc1867 3 роки тому +1

      Bruh what, sneaker reseller watching anti scam UA-camrs?

    • @omedfazly
      @omedfazly 3 роки тому +1

      I always used to watch you when you only had 2 k subs bro, won many sneaker raffles bcs of u ❤️

  • @tomlxyz
    @tomlxyz 2 роки тому +150

    The thing that made me distrustful is that if they actually just backed Tether with USD they wouldn't be able to finance their operations

    • @99HockeyDad99
      @99HockeyDad99 Рік тому +13

      Exactly - what is their business model

    • @onatkorucu842
      @onatkorucu842 Рік тому +1

      But why? Could you explain please? Why would not USD work?

    • @danxcanxcook
      @danxcanxcook Рік тому +36

      @@onatkorucu842 because technically they would have zero revenue.

    • @yj5990
      @yj5990 Рік тому +17

      @@danxcanxcook But if they had a transaction fee then that would fund operations, like fiat currency exchanges do. So that element is not necessarily a red flag but yeah this company is seriously crooked

    • @9xqspx6
      @9xqspx6 Рік тому +6

      I believe at some point it would: at the point when there is a large enough sum of money that pays them interest when they are holding it at a bank. But it seems like they very much pump a lot more out of it than that...

  • @MattyMilligan
    @MattyMilligan 3 роки тому +187

    This story is so crazy I thought Dan Lok was going to be involved somehow.

    • @SKY-wt2pp
      @SKY-wt2pp 3 роки тому +9

      where's Brian Rose?.....I know....taken the piss

    • @jimmytyan9791
      @jimmytyan9791 3 роки тому +3

      @@SKY-wt2pp he took it then drank it

    • @bryantony9836
      @bryantony9836 3 роки тому +8

      This comment had me rolling

    • @eznosnopes5276
      @eznosnopes5276 3 роки тому

      @@SKY-wt2pp did you donate?

    • @SKY-wt2pp
      @SKY-wt2pp 3 роки тому +1

      @@eznosnopes5276 Urine too deep donating to him

  • @jordanislandwebdesign
    @jordanislandwebdesign Рік тому +135

    Wait, Dan Friedberg from FTX was also part of the poker god mode scam, small world haha

    • @patrickedwards2078
      @patrickedwards2078 Рік тому +10

      Oh this is just too good. Part of the poker scam which he was found trying to cover up, then supervised FTX's collapse and fraud, now we know he's part of tether

    • @IvanRandomDude
      @IvanRandomDude Рік тому +2

      It's a big club....

  • @janklosowski
    @janklosowski 3 роки тому +99

    Hey Coffee, I just want to say that as a Bitcoin old-timer following the Tether story since its inception, I respect the quality of the research, production, and storytelling.

    • @GTJW22409
      @GTJW22409 2 роки тому +1

      Well, tell us your thoughts?

    • @GTJW22409
      @GTJW22409 2 роки тому

      All talk then? A disapointment

  • @papajohnsuk5965
    @papajohnsuk5965 3 роки тому +1429

    "mOnEY iS tHeRe i cAn pRoMIsE yOu tHaT"
    source: trust me bro

    • @neighborhoodcatlady6094
      @neighborhoodcatlady6094 3 роки тому +7

      😹😹😹😹😹😹

    • @papajohnsuk5965
      @papajohnsuk5965 3 роки тому +1

      @@neighborhoodcatlady6094 😻😻😻😻

    • @celestial2091
      @celestial2091 3 роки тому +4

      thats the most stupid thing i hear some one say like ever!! lmao

    • @philh8023
      @philh8023 3 роки тому +15

      I trust papa John more than all this criminal. Lol

    • @papajohnsuk5965
      @papajohnsuk5965 3 роки тому +6

      @@philh8023 they always deliver quick haha

  • @sunsetson6963
    @sunsetson6963 3 роки тому +184

    If everyone in the executive arm of tether was of good moral standing , this wouldn’t be an issue , I am not exactly sure of child predators, gamblers and Ponzi scheme enactor in charge of my money

    • @Brian-vs9sd
      @Brian-vs9sd 3 роки тому +9

      Exactly... I'd rather trust it with JP Morgan, Chase and HSBC... Oh.... Wait...

    • @fxmtoeclipse
      @fxmtoeclipse 3 роки тому +34

      @@Brian-vs9sd None of these banks issue a currency, try again

    • @bri4real
      @bri4real 3 роки тому +2

      Start your own currency then because it’s going to be hard to find one. I’m even losing faith in gold/silver

    • @aj9969
      @aj9969 3 роки тому +3

      @@Brian-vs9sd hold that bag bro.. hell yeah.. to the moon bois

    • @robpieterse2538
      @robpieterse2538 3 роки тому +7

      You can´t trust anyone with huge amounts of money. Period.

  • @Millersmedias
    @Millersmedias Рік тому +12

    Bro I don’t even trade, or have any knowledge of crypto currency whatsoever. I just found your channel to be similar to the guys who break the scam call centers in India, and I love it.

  • @Datapoint90
    @Datapoint90 3 роки тому +269

    Proving once again that you put more effort into your investigations than the SEC does into theirs.

    • @TheChees1996
      @TheChees1996 3 роки тому +39

      The sec are there to stop the small and poor people from getting rich

    • @freeagent.87
      @freeagent.87 3 роки тому +7

      Crypto isn't regulated if that's what you're implying

    • @freeagent.87
      @freeagent.87 3 роки тому +4

      @Mcillsonn if U.S. govt wants to tax it then they better regulate it too

    • @THICCTHICCTHICC
      @THICCTHICCTHICC 3 роки тому +1

      @Mcillsonn good luck regulating a decentralised concept

    • @cheery-hex
      @cheery-hex 3 роки тому

      should be top comment!

  • @hewvilleofficial
    @hewvilleofficial 3 роки тому +147

    As a crypto investor since mid 2016, this is hands down your best and most well-researched video.

    • @JohnPedder
      @JohnPedder 3 роки тому +18

      I don’t think anyone from the crypto space, myself included, would call this video FUD. However, SafeMoon has the worst bunch of followers that comment the most hateful moronic shit to anyone that doesn’t advocate the purchase of safemoon.

    • @Ghettoize
      @Ghettoize 3 роки тому +1

      @@JohnPedder HEY HEY HEY I like safemoon

    • @kensuke0
      @kensuke0 3 роки тому

      @@JohnPedder A lot of the Safemoon criticism has been FUD, let’s be honest.

    • @johnbahia5340
      @johnbahia5340 Рік тому

      Safemoon what?

    • @streetracer2321
      @streetracer2321 Рік тому

      And yet a year later Tether is doing fine…..

  • @xanjamz7133
    @xanjamz7133 3 роки тому +1461

    The further down this rabbit hole you go the more imaginary money becomes. Our entire financial system is one giant ponzi scheme

    • @SourDonut99
      @SourDonut99 3 роки тому +82

      @Failed Society But you probably shouldn't play a ponzi scheme within a ponzi scheme. Then you have these crypto scammers eroding your coins while the US government erodes the value of the dollar which is what all these cryptos are based off of. Also its unlikely the US government will crash the dollar to zero while the same can't be said about these crypto exchanges and coin developers just running with your money.

    • @drx1xym154
      @drx1xym154 3 роки тому +37

      @@SourDonut99 -- most good cryptos are based on a borderless, mathmatical proof of value... the market decides.
      yes there are some shady things going on...
      even more so on the fiat currency side.
      BTC is digital gold. LTC is digital silver.... (faster and more liquid). ETH is distributed finance and cloud contracts.
      The USD has the "woke" military and oil (major commodities) behind it.
      There are other stable coins that could replace Tether ...they seem to be more honest (not difficult).
      Tether may well cause another BTC/Crypto winter - yet it always recovers.

    • @meganallday
      @meganallday 3 роки тому +2

      🤣👍

    • @roboticskits
      @roboticskits 3 роки тому +96

      @@drx1xym154 yeah mathematical value that rises and falls because of Elon and China. Hmm seems legit!

    • @jesterbob828
      @jesterbob828 3 роки тому +1

      @@drx1xym154 what are some better stable coins?

  • @ozz332
    @ozz332 Рік тому +289

    watching these coffeezilla crypto episodes are extra enjoyable when you've never invested in any crypto and still have your money in your good ol bank.

    • @jimpollard9392
      @jimpollard9392 Рік тому +28

      ...and you can rest assured that your accounts in your good ol' bank are just so rock-solid safe. Every dollar you've put there they've already lent out multiple times.

    • @kemc4985
      @kemc4985 Рік тому

      @@jimpollard9392 yeah but central banks are used by billions of people and are backed by governments and when they fail are bailed out by tax payers.. every crypto exchange ever has been a rug sir…

    • @st8ofmind325
      @st8ofmind325 Рік тому +89

      @@jimpollard9392 they’ve lent out every dollar yet he still has every dollar in his account. That’s how banks work.

    • @gicardee6756
      @gicardee6756 Рік тому +13

      LMAO, you never really stopped and thought about this comment. Good ol banks are centralized and leverage their own asset. Sounds like FTX right? But hey, that 0.6% savings interest is juicy and bullish.

    • @jimpollard9392
      @jimpollard9392 Рік тому +10

      @@kemc4985 Ohhhh-kay. Backed by governments. And you can rest assured that they'll always do what they say they'll do. And you, the small-fry retail depositor, will not get shafted in favor of the big guys. With your tax money. You gotta trust the government, right?
      I mean, I take your point, but there'll come a day when you can't trust anyone. That day may be approaching, fast.

  • @caydenrooney
    @caydenrooney 3 роки тому +227

    Graham Stephan sent me, keep up the great informative content!

    • @refundreplay
      @refundreplay 3 роки тому +23

      Graham "whats up clicks, its bait here" Stephan?

    • @dvdm4709
      @dvdm4709 3 роки тому

      @@refundreplay nice

    • @zyrrhos
      @zyrrhos 3 роки тому +2

      Graham's busy hands tire me out.

    • @heyryanisonx3141
      @heyryanisonx3141 Рік тому

      This aged like fine milk

  • @j._.taylor
    @j._.taylor 2 роки тому +97

    I'd been hearing vague references to the shady connections between Tether and Bitfinex, but this is beyond anything I expected. Phenomenal job of explaining a dauntingly complex topic. Logical, clear, concise...& funny 🤣 Well done! (& subbed 😎👍🏻)

  • @holysmoke3201
    @holysmoke3201 3 роки тому +359

    So glad I found you Coffeezilla - FINALLY a comprehensive well-researched vid on Tether that exposes everything people should know. Very few UA-camr's will admit to it's liabilities and outright sociopathic team that runs this scam making Elizabeth Holmes look like a friggin Saint. Keep caring and sharing! Your integrity is PRICELESS :)

    • @farmerfox99
      @farmerfox99 2 роки тому +3

      Loved your comparison to Elizabeth. Holy smoke. Now that luna has tanked what do you think about chances of tether now?

    • @unknownvanguard8749
      @unknownvanguard8749 2 роки тому

      @@farmerfox99 Fucking Zero.

    • @ekki1993
      @ekki1993 2 роки тому

      @farmerfox99
      There's nothing but vaporwave on crypto. It's a billion dollar market that couldn't provide a single product that's better than non-crypto alternatives. The practical reality is that there's no value and you can only make money if bigger fools enter after you to lose the money you earn.

    • @holysmoke3201
      @holysmoke3201 2 роки тому

      @@ekki1993 yeah, that's what they said about the internet before it became mainstream lol

    • @ekki1993
      @ekki1993 2 роки тому

      @@holysmoke3201 That's just not true. The internet was extremely useful way before being worth even a million dollars and didn't need any hype to become a revolution. You're forcing a comparison that doesn't work.

  • @randysmith7094
    @randysmith7094 Рік тому +85

    Who'd have thought a digital lottery pyramid scheme currency would attract so many ponzi scheme trading companies?

    • @johndododoe1411
      @johndododoe1411 Рік тому

      Tether wasn't supposed to be any of they. Tether was supposed to be a trusted place to (indirectly) transfer actual cash between people buying and selling crypto currencies. If Tether actually refuses withdrawals (rather than having small print allowing them to refuse withdrawals), it's as big a problem as if a large bank did the same.
      Now the problem is that some shady people got involved, not that Tether was ever meant to be an inflated coupon.

    • @kmlckd
      @kmlckd Рік тому

      Social media gives ponzi schemers a larger audience to prey on. Like has been stated, social media also contributes to a sense of FOMO, jealousy, and desperation, all in the hopes of getting rich quick. Social media isn't bad but bad people use it with bad intentions.

  • @gobtoshi5610
    @gobtoshi5610 3 роки тому +78

    This has to be the video of the year the shock value of this video is timeless

    • @yemzlol
      @yemzlol 3 роки тому +8

      @Michael Mark Shut the hell up bro

    • @ceologreen
      @ceologreen 3 роки тому

      Not really weve been known this. A simple solution is to use gemini

    • @gobtoshi5610
      @gobtoshi5610 3 роки тому

      @@ceologreen why gemini?

    • @ceologreen
      @ceologreen 3 роки тому +3

      @@gobtoshi5610 do your own research. Essentially they have a federally insured bank as a custodian. I dont get paid enough to explain further

  • @DJVARAO
    @DJVARAO 3 роки тому +378

    I totally trust a multibillionaire company run by 13 scammers...

    • @Brian-vs9sd
      @Brian-vs9sd 3 роки тому +30

      Are you referring to JP Morgan?

    • @louisvuitton1859
      @louisvuitton1859 3 роки тому +17

      @@Brian-vs9sd do they have 13 employees?

    • @Brian-vs9sd
      @Brian-vs9sd 3 роки тому +10

      The key words are run by.

    • @DJVARAO
      @DJVARAO 3 роки тому +35

      ​@@Brian-vs9sd Sure, because a 13 guys scam operation is the same of a bank with 255,351 employees...

    • @DJVARAO
      @DJVARAO 3 роки тому +10

      @@louisvuitton1859 That's what the video says: a total of 13 people run USDT.

  • @cryptaveli
    @cryptaveli 3 роки тому +150

    Doctor: sir, please turn your head and cough…
    Phil Potter: THE MONEY IS THERE!!!!!

  • @mikjeuitbranant
    @mikjeuitbranant Рік тому +116

    This needs an update!

    • @Harris15000
      @Harris15000 Рік тому

      Why is that? Explain please.

    • @drerook2706
      @drerook2706 Рік тому +18

      @@Harris15000 because since this was made FTX just fell. FTX’s parent company Alemeda is the largest holder of USDT in the billions. If FTX didn’t have liquidity due to insolvency because it was sending everything over to Alemeda to “invest” then Alemeda’s holdings are owed to someone else at best… or (and more likely) gone….

    • @streetracer2321
      @streetracer2321 Рік тому +1

      The update is, he turned out to be wrong, by all indications

    • @Kill3rwasp
      @Kill3rwasp Рік тому

      @@streetracer2321 how so?

    • @streetracer2321
      @streetracer2321 Рік тому

      @@Kill3rwasp it’s been over a year since the ‘exposé’ and Tether is still working fine

  • @daveisdead
    @daveisdead 3 роки тому +310

    That’s why I only buy and sell pet rocks. I can’t lose

    • @joecool4656
      @joecool4656 3 роки тому +7

      This comment made me laugh much harder than I want to admit

    • @flex-5213
      @flex-5213 3 роки тому +1

      @@joecool4656 same :)

    • @rtyzxc
      @rtyzxc 3 роки тому +4

      I only trade blue axolotl in Minecraft

    • @1chienandalou
      @1chienandalou 3 роки тому

      😆

    • @inthefade
      @inthefade 3 роки тому +8

      I'm still sitting on all these tulip bulbs.

  • @warp9wb
    @warp9wb 2 роки тому +47

    "If u look too close to their funds, it may just vanish." That cracked me up.

  • @adamcharming
    @adamcharming 3 роки тому +20

    I feel like this video signifies a graduation from youtuber you covers scams, to investigative journalist and story teller. Really good stuff

  • @elisdee1
    @elisdee1 Рік тому +103

    The shameless bravado and ego needed to be such a pos is astounding. Love your work Coffeezilla

  • @sienxwei
    @sienxwei 3 роки тому +184

    Hearing him say "the dollars are there" sounds a lot like CZ saying "funds are safu"

    • @nachannachle2706
      @nachannachle2706 3 роки тому +8

      Different men, same scumbaggery.

    • @josaelizondo6773
      @josaelizondo6773 3 роки тому +1

      I just loled really hard

    • @karlgredona1651
      @karlgredona1651 3 роки тому +7

      Cz does have a guarantee to pay you bavk what you lose money tru nefarious means. If binance gets hacked they do pay people back. Thats their main thing hence why binance is the biggest exchange in the crypto markets

    • @mr.amir_spb
      @mr.amir_spb 3 роки тому +1

      @@karlgredona1651 there are no guarantees in crypto

    • @karlgredona1651
      @karlgredona1651 3 роки тому +1

      @@mr.amir_spb you say that as if theres a guarantee in traditional markets when you are irresponsible with your trades

  • @Shlooomth
    @Shlooomth 2 роки тому +378

    Your channel has helped me see how cryptocurrencies are literally the digital equivalent of going “hey buy these coconuts and use them as currency! Everyone else will too!” But no one does and you just buy a bunch of useless non-edible coconut coins in your basement

    • @Tential1
      @Tential1 2 роки тому +21

      You can buy a company stock like Apple that makes more profit in one quarter than anyone else doee in a year, or coconuts....

    • @IamAWESOME3980
      @IamAWESOME3980 2 роки тому +31

      Hm... Tough decision. I will take the coconuts please

    • @FlareStorms
      @FlareStorms Рік тому +7

      cocor nut

    • @Jay_in_Japan
      @Jay_in_Japan Рік тому +9

      Except that people do use cryptocurrencies
      Are you new to crypto?

    • @holaaamannn
      @holaaamannn Рік тому +4

      Not all crypto is like that though....

  • @josel.hernandez2552
    @josel.hernandez2552 3 роки тому +67

    Two things:
    - Your editing...man, freaking AMAZING!
    - The whole Tether scam...geez!

  • @ceb4747
    @ceb4747 Рік тому +209

    Watching this after SBF was arrested. Crypto is real easy to commit fraud with seems like.

    • @mandeepsinghkhosa5379
      @mandeepsinghkhosa5379 Рік тому +40

      decentralized and unregulated.

    • @krodmandoon3479
      @krodmandoon3479 Рік тому +4

      The Super Best Friends were arrested? I thought they went their separate ways *years* ago.

    • @Apollo_21mil
      @Apollo_21mil Рік тому

      Regulators failing as usual.

    • @tzvikrasner6073
      @tzvikrasner6073 Рік тому

      Just from what I'm seeing, crypto *is* fraud. Just straight-up. Been that way since the start.

    • @enemyofYTemployees
      @enemyofYTemployees Рік тому +1

      Yes tether still stands… so far

  • @sergeynemkov1554
    @sergeynemkov1554 3 роки тому +55

    35 mins of coffeezilla, you gotta spoil us like this more often

    • @ayeansh
      @ayeansh 3 роки тому

      @Michael Mark not again

    • @udaychaudhary255
      @udaychaudhary255 3 роки тому

      @@ayeansh Dude, this guy is everywhere on the map, requires an E-slap

  • @chenkoguenas9665
    @chenkoguenas9665 3 роки тому +216

    One of the only real journalists I’ve ever scene. Fascinating, entertaining, comedic. Keep going and stay safe

  • @Miralage
    @Miralage 2 роки тому +307

    I've been on a 'To Catch A Predator' binge watch recently, and there are some STARK similarities between the statement of Bitfinex and Tether being owned by the same people to an excuse one of the predators made.
    Right off the bat, he came in and said 'I'm here to meet Adriana... she's twenty-two.' Completely unprompted! Just blurts out 'SHE'S TWENTY TWO' because in his mind he has to insert that into the conversation somewhere because it's a flat-out lie and he has to get the truth covered up fast. That EXACT same cadence, the same hesitation, the same 'inserting something nobody goddamn asked about' happened in that statement.
    'We're owned by the same people but we're not affiliated or anything like that... dollars are all there'.
    DOLLARS ARE ALL THERE.
    He just blurted that shit out immediately, unprompted, because he's LYING and needs to 'subtly' insert it into the conversation somewhere. Just like a predator blurting out 'she was twenty two' even though it makes no sense to bring that up right there and then.

    • @nickyblue4866
      @nickyblue4866 2 роки тому +24

      No Jerry Griffith came to meet 22 she's adrianna years old!

    • @davidhatch40
      @davidhatch40 Рік тому +57

      "I've been on a To Catch a Predator" is a bad way to start a sentence

    • @r-pupz7032
      @r-pupz7032 Рік тому +21

      Hey have you watched any of Dave's Lemonade predator commentary videos? He goes through the chat logs and the raw footage in the sting house. Most of his predator commentary videos are on his second channel, Dave's Lemons.
      Anyway I remember the interaction you referenced, it stuck with me too and you're spot on!
      They just couldn't wait, they needed that info out, it was in the front of their mind as it was their prepared lie. So they just spit it out, unprompted, without realising that just draws more attention to their deception.
      I'm not a body/speech analysis diehard, I think it's much less certain that some people think and everyone is different... But that just seems like such a enormous tell, something innocent people would not do.
      Good catch (a predator) !

    • @Thor-Orion
      @Thor-Orion Рік тому +1

      Funny you talk about predators because Collins Rector was heavily connected with Epstein, Epstein is all over crypto land.

    • @mikeymy3042
      @mikeymy3042 Рік тому +26

      Some Chinese ambassador to the UK was on BBC news an asked why his government was putting Uighur Muslims into concentration camps and his response was we're not sterilizing the Uighur Muslims.

  • @getsglobal
    @getsglobal Рік тому +18

    Stephen history is going to be very kind to you and you children and grand children will be proud of you. You have created a high standard and have won over a huge following and you now have earned the fear and respect of the Crypto dudes, KEEP up this important work and thank you sir

  • @matteusunderpressure7835
    @matteusunderpressure7835 3 роки тому +308

    This is journalism, I mean really good stuff

    • @NotoriousPyro
      @NotoriousPyro 3 роки тому

      @@geams I just bought a car with tethers. What's this about gambling again?

  • @phillipgraham9269
    @phillipgraham9269 3 роки тому +276

    “Well if it does fail, we all going down together boys “ lol *likes video

    • @naldo3008
      @naldo3008 3 роки тому

      Yeàaaaaaaaaa😤😤😤

    • @stablecoinsfraud9576
      @stablecoinsfraud9576 3 роки тому

      So true.

    • @MarkusWaas
      @MarkusWaas 3 роки тому +10

      If crypto fails due to Elon Musk, Tether or any other centralised entities, it didn’t deserve to succeed.

    • @est94
      @est94 3 роки тому

      Pass the cigars

  • @themore-you-know
    @themore-you-know 3 роки тому +316

    That management team's circle of evil, holy sh*t.
    - Ponzi schemer
    - Pirate of software
    - Online ped0ph1le
    - Fixed Online Gambler
    - MMO farmer
    I have to ask: do they have an arms dealer too, somewhere at the reception desk?

    • @bbblahoo7
      @bbblahoo7 3 роки тому +1

      Phil!
      Edited: Phok!

    • @LuciferArc1
      @LuciferArc1 3 роки тому +10

      I mean...I really don't doubt it

    • @ssazerac
      @ssazerac 3 роки тому +43

      If those guys are busy running Tether, who’s running Hell?

    • @BanditDil210
      @BanditDil210 3 роки тому +3

      What's so evil about being a MMO farmer tho lol

    • @ci6516
      @ci6516 3 роки тому +4

      @@BanditDil210 paying people in the third world to farm mmo items is pretty scummy tho .

  • @ccgreens2466
    @ccgreens2466 Рік тому +12

    Tether is the biggest stable coin scam in the world. Buyer beware. Love the work Coffee keep it up 👍 from Crypto Gypsy 🔮🔮

  • @lbonts
    @lbonts 3 роки тому +197

    just the way Potter ways “dollars are all there” is a huge red flag, not “all the tether is secured by dollars” or “the dollars are there in our vault” or even “THE dollars are all there” - just “dollars are all there” classic sign of lying, vague indefinite statements, yes dollars are there in the world but are they in your vault securing tether???

  • @johndiggs5926
    @johndiggs5926 3 роки тому +37

    I thought tether concerns were addressed already…will look into this some more. Appreciate you approaching this topic in this manner.

    • @TrickyT
      @TrickyT 3 роки тому +2

      I thought so too but if its not then lemme know

    • @nikyabodigital
      @nikyabodigital 3 роки тому +6

      Man it could crash the whole crypto market if it gets withdrawn holy shit

    • @aj9969
      @aj9969 3 роки тому +8

      Swept under the rug, or dismissed as FUD.. never addressed.

  • @joshsimpson10
    @joshsimpson10 3 роки тому +39

    You are going to make some very nefarious people very angry.
    Godspeed my dude 👊

  • @Terr
    @Terr Рік тому +60

    What's more amazing to me is that every exchange seems to be fine with this. Like they are too deep into the rabbit hole to get out of it.

    • @kitkat3501
      @kitkat3501 Рік тому

      Which makes you go hmmmmm🤔

    • @zenkim6709
      @zenkim6709 Рік тому +1

      Most likely they R all terrified of mentioning even *a whiff* of doubt or concern about the ticking Tether time bomb ... anything that could (further) erode the public perception of cryptocurrency in general & crypto exchanges in particular.
      It's like they've all planned & built a village or small town on a hillside or mountain slope that's prone to mudslides or avalanches -- any attempt to dismantle the community could set off a catastrophe, but if they simply sit on their thumbs then disaster is likely to come crashing down on their heads anyway.
      This seems to B a case of enormous wishful thinking: if they simply go on like business as usual, & keep reassuring everyone else that "everything is fine", the cryptobros hope that no one will notice the massive land subsidence event waiting to happen rite under everyone's feet....

  • @drjqool
    @drjqool 3 роки тому +51

    Wow, the 10 million dollar studio comes with a robot. Those Coffeezilla courses must be selling very well!

  • @waniqra
    @waniqra 3 роки тому +77

    This is the reason why I subscribed to CoffeeZilla. Not the rugpull, scam pump and dump videos. Coz people who invest in those scheme, know what they are getting themselves into, yet still do it. More of this type of content please!

  • @DhragonBhoy
    @DhragonBhoy 3 роки тому +42

    This felt like the first cross over between CoffeeBreak and CoffeeZilla.

  • @DrSamIAm
    @DrSamIAm Рік тому +5

    Good work. I'm not sure why the algorithm suddenly recommended this to me 1 year later.

  • @nazarjuna
    @nazarjuna 2 роки тому +333

    Protect this man at all costs

  • @pm-5565
    @pm-5565 3 роки тому +202

    What I've learned from this is that crypto is basically ran by the Suicide Squad...

    • @fdortely
      @fdortely 3 роки тому

      😂😂😂

    • @719Flowers
      @719Flowers 3 роки тому

      Haha it’s the wild west right now furshur 😂

    • @CHEFJUJUBTCKING
      @CHEFJUJUBTCKING 3 роки тому

      @@face1159 only like 90 percent

  • @e4unow421
    @e4unow421 3 роки тому +106

    In Scotland we use the word fud to describe someone who is dim-witted.

  • @manny_frometa
    @manny_frometa Рік тому +11

    CRAZY TO TAKE A LOOK AT THIS A YEAR LATER AND NOW EVERYONE TALKING ABOUT TETHER MIGHT COLAPSE

    • @sophiophile
      @sophiophile Рік тому +2

      Tether 'untethered' from USD so many times and has wreaked havoc.

  • @MateusRapini
    @MateusRapini 3 роки тому +451

    Using James voice was brilliant!

    • @Psiconauta-cabalista
      @Psiconauta-cabalista 3 роки тому +2

      Huum interessante te ver aqui meu amigo.

    • @MateusRapini
      @MateusRapini 3 роки тому +3

      Claro! Como não

    • @TheMrFive
      @TheMrFive 3 роки тому +12

      Was it though? It made me think that James was this guy.

    • @BlackistedGod
      @BlackistedGod 3 роки тому +15

      it seems to me that its actually James, the voice and body movement, the last video he created is also about bitcoin being a massive pump and dump scam

    • @foaly8
      @foaly8 3 роки тому +6

      Who is James?

  • @patrickgrady7505
    @patrickgrady7505 3 роки тому +281

    The fact that this channel hasn't reached a million subs yet is an abomination.

    • @KenGreen-tm7si
      @KenGreen-tm7si 3 роки тому +21

      The truth isn’t appealing to the masses

    • @bigdswinger
      @bigdswinger 3 роки тому +3

      @@KenGreen-tm7si The video quality should be

    • @SyntheticFuture
      @SyntheticFuture 3 роки тому +14

      @@bigdswinger most people will watch 5 seconds, look at their cryptowallet and be like "I'll be rich soon.. let's ignore this fool". Damn shame. I think Zilla is 100% on point.

    • @EwanMarshall
      @EwanMarshall 3 роки тому

      nah, currently it is an employer-sponsored defined contribution pension account.

    • @salis-salis
      @salis-salis 3 роки тому +2

      it should have 60 billion subscribers tbh

  • @Ju135
    @Ju135 3 роки тому +54

    The production value of this is higher than Tethers Market cap

  • @poloska9471
    @poloska9471 Рік тому +9

    After FTX this looks nearly identical, even the owners say identical things like “it’s fine” like SBF did lol…

  • @ebubechukwuogbuagu4502
    @ebubechukwuogbuagu4502 2 роки тому +88

    Watching these videos I'm discouraged from going into anything crypto. There's so much the public can't know and it seems to all be controlled by a few crooked people

    • @TalkingMoneyWithNozi
      @TalkingMoneyWithNozi Рік тому +6

      Bingo!

    • @ytbr3383
      @ytbr3383 Рік тому +5

      Yeah, I don't get those that get into it considering all the scams.

    • @9xqspx6
      @9xqspx6 Рік тому

      How about stocks and bonds?
      It's the same.

  • @Wealthforthe99Percent
    @Wealthforthe99Percent 3 роки тому +276

    Anytime a video is about crypto it immediately gets botted with crypto scammers and if that isn't the sign of a good investment, I don't know what is. lol.

    • @ericp1139
      @ericp1139 3 роки тому +37

      Real estate channels get botted with real estate scams. Stock channels get botted with stock scams. Influencer channels get botted with influencer scams.

    • @Wealthforthe99Percent
      @Wealthforthe99Percent 3 роки тому +21

      @@ericp1139 Yeah, but from having done other investment videos I can tell ya there is a noticeable difference with crypto.

    • @quixomega
      @quixomega 3 роки тому +26

      If someone tells you crypto is an investment, run. Crypto is a gamble or maybe a hobby, don't put in more than you can afford to lose.

    • @thetaboyswag2307
      @thetaboyswag2307 3 роки тому +8

      @@quixomega you’re just uneducated, Bitcoin is literally the best performing asset

    • @b__w_4565
      @b__w_4565 3 роки тому +6

      Crypto is still a good investment dude...it’s new as hell so obviously people are trying to play it

  • @SlayNetwork
    @SlayNetwork 3 роки тому +674

    Why does the blacked out Reddit exposer sound exactly like James Jani 🧐

    • @legrandesleepy8298
      @legrandesleepy8298 3 роки тому +34

      Right?! I think it is him. I wouldn't be surprised if these two channels had a good relationship.

    • @nolle
      @nolle 3 роки тому +38

      @Regres wow it's almost like it was a joke

    • @HassanAzzi
      @HassanAzzi 3 роки тому +8

      Haha i'm 100% sure that's him

    • @JoaoPedro-xi9ce
      @JoaoPedro-xi9ce 3 роки тому +3

      Surely it is him haha

    • @animelytical8354
      @animelytical8354 3 роки тому +13

      @Regres they are saying the actor sounds like him

  • @Scorchlette
    @Scorchlette Рік тому +137

    Stories like this are the prime example of why I never have and never will invest in crypto.

    • @pastadeadman4594
      @pastadeadman4594 Рік тому +15

      I think it could've been a really good idea to invest in something like bitcoin years back before it became a trend, but at this point, trying to enter the crypto market means you're just begging to be scammed

    • @JahmmiOfficial
      @JahmmiOfficial Рік тому +6

      There are scams everywhere I don't think your comment is relevant. Even the guy that made the video said he is holding crypto.

    • @TalkingMoneyWithNozi
      @TalkingMoneyWithNozi Рік тому +5

      @@JahmmiOfficial it is relevant. Not to you, but to the person who made the comment.

    • @2oqh
      @2oqh Рік тому +11

      @@JahmmiOfficial and even he said there a chance he might lose it all w/ everyone else

    • @nicknorthcutt7680
      @nicknorthcutt7680 Рік тому +3

      It needs regulation or else crypto won't work, period.

  • @okhaeadeleye5313
    @okhaeadeleye5313 3 роки тому +152

    The tether/bitfinex guys roll call reads like a list of Bernie Madoff protoges

    • @tokertalk9648
      @tokertalk9648 3 роки тому +6

      Or Saul Alinsky protégé. They are a bunch of child abusers!

    • @afewtalkingheads
      @afewtalkingheads 3 роки тому +2

      Lol Madoff came to mind instantly. Burry probably isn't wrong about a rug pull in the not so distant future

  • @adamsaldana5462
    @adamsaldana5462 3 роки тому +49

    Pretty damn spooky.
    This is a big case you took on my friend.

  • @paulmdevenney
    @paulmdevenney 3 роки тому +16

    Your attention to detail is fantastic dude. Documentary / investigative journalism well beyond the average "TV" programme.

  • @shadowamazon
    @shadowamazon 7 місяців тому +9

    It's now 2024. Tether has broken $100B in circulation.

  • @Johnefinance
    @Johnefinance 3 роки тому +29

    Also loved the cameo by James Jani! Can't miss those smooth pipes

  • @kriminal012
    @kriminal012 3 роки тому +46

    7:47 The transition to “Thank goodness Tether is a transparent company” literally made me LOL. Great vid mate! Great job. Ppl who don’t understand/dismiss Tether are fruit loops.

  • @bobbylover155
    @bobbylover155 3 роки тому +28

    this is amazing, how is this not viral yet

  • @phenex5190
    @phenex5190 Рік тому +48

    Crypto has proven to be the best example of the phrase, "Absolute power corrupts absolutely." This is why we need regulation, bc without regulation they have absolute power over what they do with the funds, corrupting them into always pulling the rug.

    • @NoKingsNoGodsOnlyMan
      @NoKingsNoGodsOnlyMan Рік тому +6

      wouldn't the regulators then have even more power, which corrupts? They protect the powerful and connected. Don't get it twisted. Open competition where customers regulate with their dollars is the only way that works, and that's moral.

    • @jsupim1
      @jsupim1 Рік тому +3

      Did you miss the part where the feds seized Bitfinex's money? Without that "regulation", Bitfinex would still have 850mln $ !

    • @p39483
      @p39483 Рік тому

      What we need is real money. Crypto wouldn't even exist if government didn't already steal everyone's gold (FDR 1933) and wildly inflate the price of gold (congress 1934) and finally leave gold completely (NWO 1971) and slap everyone in the face with a bailout 2008. Regulating crypto will merely spawn new crypto. And really that's the point. Stealing is the game.

    • @NoKingsNoGodsOnlyMan
      @NoKingsNoGodsOnlyMan Рік тому +5

      Yeah, that's cute. You still think the government cares about you.

    • @9xqspx6
      @9xqspx6 Рік тому

      You are delusional if you think your government is there to protect you. They are doing the same things as Tether... The difference is they have a Police and an Army backing them. And you can hear more and more about how various governments are working on making their own cryptocurrencies and how they are planning to take cash out of the market... because they realized that there is much more money to be stolen and they are missing out, especially by not having full control of all of the money everyone has. I wouldn't be surprised if they hired people like those at Tether to tutor them...

  • @Damirui
    @Damirui 3 роки тому +202

    Great vídeo dude! LOVE 💖

  • @closingdealz
    @closingdealz 3 роки тому +28

    I feel like this story will become a movie after they get caught

    • @TwinQuan
      @TwinQuan 3 роки тому

      AMC🚀🤑💎🙌

  • @KevCky
    @KevCky 3 роки тому +306

    Not sure who would call this FUD in the crypto industry. Most people in the community know how dodgy Tether is.

    • @CM-ou1lx
      @CM-ou1lx 3 роки тому +26

      You sound tethered to the idea

    • @medea27
      @medea27 3 роки тому +47

      Probably the ones who can't see the irony of relying on a digital crypto currency that's pretending to be just like the regulated real-world currency that their crypto is 'making obsolete' - just without the regulation. Or legally binding ToS. Or identifiable individuals you can hunt down if they run off with your money.
      I'll give it to the Tether guys, it's a neat little bit of social engineering - manufacturing trust by playing into the original 'gold-backed' economy idea.

    • @LioBilly
      @LioBilly 3 роки тому +8

      Feels like Tether was created by traditional finance to undermine faith in crypto

    • @BlazRa
      @BlazRa 3 роки тому +9

      @@medea27 but back when money was backed by gold it was legit had real tangible value fiat currency has no real value now and they keep printing more of it so it's fake value keep going down

    • @719Flowers
      @719Flowers 3 роки тому

      @@medea27 how long have you been around in this game?

  • @DerpyDaringDitzyDoo
    @DerpyDaringDitzyDoo Рік тому +29

    As someone who has zero investments in crypto, I still find the countless fraudulent things that happen in the world of crypto are always fascinating and I'm glad I don't have to worry about any of this mess lol

    • @9xqspx6
      @9xqspx6 Рік тому

      Have you not watched (listened to) the video? It can absolutely affect you and all of us.