FTX Hearings: All the Big Moments in 12 Minutes (Supercut)

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  • Опубліковано 29 вер 2024
  • Congress recently held two hearings investigating the FTX collapse. Watch the big moments in this recap.
    Never miss a deal again! See CNET’s browser extension 👉 bit.ly/39Ub3bv
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КОМЕНТАРІ • 2,1 тис.

  • @alexmorris6222
    @alexmorris6222 Рік тому +48

    Success is dependent on the action or
    steps you take to achieve it. Show me
    a man who doesn't have an investment
    and I will tell you how soon he'll go broke
    Investment is building a safe haven for the
    future: with the right choice of investment
    that has at least 1% minimum risk and
    with an Expert guidance, profit and interest
    should be 💯 guaranteed.

    • @alexmorris6222
      @alexmorris6222 Рік тому

      Asset that can make you rich
      Stock
      Bitcoin
      Real estate

    • @alanday6089
      @alanday6089 Рік тому

      How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out

    • @onuohaifeanyi5012
      @onuohaifeanyi5012 Рік тому

      @@alanday6089 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss

    • @davidkemp6929
      @davidkemp6929 Рік тому

      @@alanday6089 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that fx and bitcoin is one of the profitable money exchange services that elevates investors and their financial status.

    • @burjkhalifa1718
      @burjkhalifa1718 Рік тому

      @@davidkemp6929 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts

  • @donaldgeorge2014
    @donaldgeorge2014 Рік тому +687

    I love when legislators act "suprised" when this stuff happens.

    • @MrCTruck
      @MrCTruck Рік тому +38

      They have to so it doesn’t look like they knew, or got rich from it.

    • @happyjohn1656
      @happyjohn1656 Рік тому +7

      Pure entrainent

    • @flyfishac
      @flyfishac Рік тому +1

      I love it how the loot went to these same government officials who are now acting like our saviors.

    • @talkeetnatattoos
      @talkeetnatattoos Рік тому +14

      100% theatre

    • @MrVenona
      @MrVenona Рік тому +13

      I think you are overestimating how smart these legislators are.

  • @Mageroth
    @Mageroth Рік тому +5

    Kevin: " where did the Money go?"
    Me: Bro.. I've always asked myself the same question after doing my Taxes..! 😮‍💨

  • @andresLK
    @andresLK Рік тому +620

    I lost so much on just hold FTX, but that did weigh me down because I invest with Amanda Moore Hinton. She's the best when it comes to making high profits in the financial market, she's well accredited and proficient to help you through managing your investments..She's highly trusted and recommended....

    • @Windarti30
      @Windarti30 Рік тому

      Wow amazing to see others trading with Mrs Amanda Moore, I'm currently making my 5th trade with her and my portfolio has grown tremendously..

    • @AnnaFed015
      @AnnaFed015 Рік тому

      So much to say about this woman but no one indicated on how to reach her because I'm very much interested to start up investment with her, pls can someone help with her info ?? I'm still trying to come out of my losses i need help with her info i know she can help me.

    • @andresLK
      @andresLK Рік тому

      You can communicate with her on telegam with the user name below..

    • @andresLK
      @andresLK Рік тому

      ProAmandaHT1....

    • @AnnaFed015
      @AnnaFed015 Рік тому

      @@andresLK Thank you

  • @chrisoxford8384
    @chrisoxford8384 Рік тому +2

    I didn't graduate high school, Have GED, and I saw this coming, Lol.

    • @lorihamlin3604
      @lorihamlin3604 Рік тому

      This isn’t about education level. Seems to me it’s a matter of common sense. I taught GED classes and I found that my students had very good common sense skills having relied on their common sense to survive. I never understood crypto and my common sense told me not to invest in something that sounded too good to be trusted. Higher education is no indicator of intelligence; knowledge yes but not degree of smarts.

  • @goneviral8814
    @goneviral8814 Рік тому +1

    Elizabeth Warren doesn't seem to get it.

  • @TheDarkblue88
    @TheDarkblue88 Рік тому

    Kevin, it is yes!.

  • @costafilh0
    @costafilh0 Рік тому +1

    Time to retire Ms. Warren! If you can't understand something, leave it to those who can! Your speech doesn't help at all and is only aggravating the problem of lack of regulations!

  • @amyd.texeira
    @amyd.texeira Рік тому +21

    This past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better in the short run?

    • @Kategill842
      @Kategill842 Рік тому

      You actually need an expert trader assigned by a registered brokerage company to help you out. I currently trade with Elaine Rittenhouse. She is the best when it comes to making high profits in the market.

    • @MariettaJT
      @MariettaJT Рік тому

      I have lost almost 60% of my portfolio due to this dip. Any suggestions how I can recover it back.

    • @Joseph_4
      @Joseph_4 Рік тому

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.

    • @melissahorton9805
      @melissahorton9805 Рік тому

      Ms Elaine Rittenhouse is my personal trader, crypto analyst and account manager. With an initial invested capital of $5000 ,it yielded returns of over $15000 within weeks of trading. I was really impressed by the profit actualised

    • @JamesGooch254
      @JamesGooch254 Рік тому

      Wow l'm just shocked you mentioned expert
      Elaine thought I'm the only one trading with her

  • @vansurvw8282
    @vansurvw8282 Рік тому +20

    Even with the current dip in cryptocurrency, I’m still glad I can smile 😊 back at my portfolio of $105,850 built from my weekly trade, I’m having my fourth withdrawal in 10 business days.

    • @machinegunkellyy4396
      @machinegunkellyy4396 Рік тому

      Same here, there’s no doubt crypto investment is the key to future wealth, with my current profit of $59,650 made from my investment with Mrs Pamela Williams trading platform I am totally convinced, she’s the best trading broker I have worked with and her strategies are so easy to adapt, she’s such a blessing to me especially in this current dip💯

    • @lugardkaen8060
      @lugardkaen8060 Рік тому

      I have also been trading with her, the profits are secured and over 100% return on investment directly sent to your wallet or bank.

    • @davisonsadams2437
      @davisonsadams2437 Рік тому

      After watching so many UA-cam videos tutorial videos about trading I was still making losses until Mrs Pamela Williams started managing my investments now I make $10,567 weekly. God bless Mrs Pamela She’s been a blessing to my life and family

    • @ellenjessica6706
      @ellenjessica6706 Рік тому

      Oh please guys, is there any way I can speak to Mrs Pamela Williams, this sounds so helpful and I would love to join the train 🙏

    • @smithflora5873
      @smithflora5873 Рік тому

      You can reach out to her at WhatsApp or signal

  • @KaylaLisa
    @KaylaLisa Рік тому +5

    I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?

    • @MarilynDanielle
      @MarilynDanielle Рік тому +1

      Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in..

    • @nassoubel7943
      @nassoubel7943 Рік тому

      Wow I'm just shocked some one mentioned expert Mrs Claudia Walter's name i thought I'm the only one trading with her

    • @lenice.rocha.51
      @lenice.rocha.51 Рік тому

      @Madesn Trevor Rayleigh This is the kind of information that we don't get from most UA-camrs i will get in touch with her right now

    • @Gregelek
      @Gregelek Рік тому

      I met Mrs Claudia Walter's last year for the first time at a conference in BELGIUM. I invested $30,000 and traded in one month, making close to $200,000.

  • @pattaylor7513
    @pattaylor7513 Рік тому +14

    Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.

    • @catherinenutter7072
      @catherinenutter7072 Рік тому +4

      I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.

    • @carljoester6851
      @carljoester6851 Рік тому +3

      Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers

    • @stephen2962
      @stephen2962 Рік тому +4

      The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.

    • @brucedonne3313
      @brucedonne3313 Рік тому +4

      I have been investing in crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers

    • @brandomjack7154
      @brandomjack7154 Рік тому +4

      I once tried trading myself but made more losses than profits. I wouldn't suggest it to anyone

  • @stjepanhauser7595
    @stjepanhauser7595 Рік тому +130

    Year-over-year inflation stood at 6.5% in December 2022-the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  • @victoriamellor2189
    @victoriamellor2189 Рік тому +241

    People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now

    • @zhangmin6729
      @zhangmin6729 Рік тому

      That's very correct sir!! And that is why most of them end up losing they m o ney to scammers.Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing

    • @alanday6089
      @alanday6089 Рік тому

      Success is dependent on the action or
      steps you take to achieve it. Show me
      a man who doesn't have an investment
      and I will tell you how soon he'll go broke, Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.

    • @alanday6089
      @alanday6089 Рік тому

      Asset that can make you rich
      Stock
      Bitcoin
      Real estate

    • @jessicatrinh6247
      @jessicatrinh6247 Рік тому

      @@alanday6089 How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out

    • @wanglei7182
      @wanglei7182 Рік тому

      @@jessicatrinh6247 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss

  • @calebsarah9985
    @calebsarah9985 Рік тому +34

    Everybody is concerned about the market going down but refusing to take advantage of it. The best decision I ever made in my life was investing regardless of the market condition. I made over 118k.USD with a start up of 39k.USD in the last three months . Trust me guys, it really pays a lot!

    • @gomezanderson1723
      @gomezanderson1723 Рік тому

      The market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

    • @gomezanderson1723
      @gomezanderson1723 Рік тому

      @Mavis Scott I have made quite a stride on my own but How are you able to make that much?

    • @edersonglee4774
      @edersonglee4774 Рік тому

      The importance of trading with a professional who understands the market cannot be over emphasized, if you want to make the most of the market, I'll suggest you trade with a professional broker like Mrs Nora.

    • @gomezanderson1723
      @gomezanderson1723 Рік тому

      @Mavis Scott I am aware of the benefits of consulting with a professional but haven't found one yet.

    • @gomezanderson1723
      @gomezanderson1723 Рік тому

      @Mavis Scott Think I'm grabbing this opportunity, can I reach your Broker?

  • @lazarus4936
    @lazarus4936 Рік тому +76

    Absolutely disgusting how Kevin O'Leary blames Binance as to the reason for FTX failing without mentioning a single word about FTX stealing billions of dollars from customers

    • @jbt8922
      @jbt8922 Рік тому +7

      I think Kevin is a crook.

    • @Lingui-vi6du
      @Lingui-vi6du Рік тому

      Cause he's an investor in it

    • @superharryboy
      @superharryboy 4 місяці тому

      @@Lingui-vi6du Kevin's "investment" in FTX was that FTX paid him 15 million to be one of their spokesman.

  • @cindyblnvestor3268
    @cindyblnvestor3268 Рік тому +47

    Now should be the best time to buy and trade on Bitcoin because currently the profits are good and going up to a standard rate in less than no time

    • @debwinters2387
      @debwinters2387 Рік тому

      Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.

    • @markian3582
      @markian3582 Рік тому

      I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.

    • @juliegustavo1221
      @juliegustavo1221 Рік тому

      Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers

    • @robertmichelle1880
      @robertmichelle1880 Рік тому

      The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.

    • @doloresromera3617
      @doloresromera3617 Рік тому

      Bitcoin investment (fx) can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to fine an expert of this form of investment prior to getting started with. As you can see, the market is open and operates 24 hours a day and almost seven days a week

  • @batmanvsupermanyoutube925
    @batmanvsupermanyoutube925 Рік тому +29

    Wow oleary really minds cz. Oleary had no problem w anything he is accusing cz of when he was riding on the ftx gravy train. What venality and hypocrisy.

    • @999f63
      @999f63 Рік тому +3

      I concur, he is shameless and despicable. Imo he is pointing finger at cz just to trivialize his involvement in all this smh

    • @zlonewolf
      @zlonewolf Рік тому +2

      @batman v superman youtube Big difference here is both CZ and Oleary was trying to help FTX out. The problem is FTX itself is a ponzi scheme. FTX was heavily leveraged and was just trying to get bailed out by CZ. CZ invested 2.1 billion in FTX which was worth 18 billion at the time. Thats less than 15% of the company. You should be wondering where the rest of that money went. FTX is a scheme. And it failed and ripped off its customers. The rest of the FTX whales saw the signs and the rest is history.

    • @batmanvsupermanyoutube925
      @batmanvsupermanyoutube925 Рік тому +1

      @@zlonewolf I think cz was exhausted from being unpopular per sbf and broke his own word to stay away from ftx to consider picking up ftx. Big mistake. He could have just stayed away as he described no dating post divorce.

  • @flexjones1983
    @flexjones1983 Рік тому +398

    Was Kevin not paid 50m by the company, Kevin should not be using the term I lost money, Kevin should really be up there saying "I DID NOT RECEIVE MY PAYMENT FOR PROMOTING FTX IN FULL"

    • @paulewannacrackr
      @paulewannacrackr Рік тому +15

      *15m

    • @kevinwilson6270
      @kevinwilson6270 Рік тому +8

      15mil*

    • @greentoolsnyc3985
      @greentoolsnyc3985 Рік тому +8

      A cool $15 milly

    • @jacksparrow3490
      @jacksparrow3490 Рік тому +37

      Kevin lost nothing. Ftx paid Kevin 15 mill for marketing. He then "invested" 9 million of that into the exchange. Kevin was in on the scam and is now trying to save himself. Greed is all these people know

    • @vonniemichelle3670
      @vonniemichelle3670 Рік тому +7

      Yeah, this clown show just gets more like a circus with each passing day. They truly think we can't see them... trying to put on quite the show to cover up all their crimes. Anyone else getting popcorn? I have a feeling this will only intensify when we find out the real players behind all this.

  • @henzoko5946
    @henzoko5946 Рік тому +61

    Kevin was definitely in on it. The only person to defend Bankmen

    • @dpirkl4560
      @dpirkl4560 Рік тому +2

      He knows who's behind ftx, he's more worried about them than sbf

    • @Aaron-lp3zt
      @Aaron-lp3zt Рік тому +2

      Grow up he spent the first part of his response tearing SBF apart. He likes crypto but thinks SBF is an idiot.

  • @tbprofile1295
    @tbprofile1295 Рік тому +463

    O'Leary is everywhere. He is a self-proclaimed expert in everything financial, and the media eats it up. Nothing more than a tough-talking entertainer. The epitome of acting the part.

    • @BawkBawkBawk666
      @BawkBawkBawk666 Рік тому +18

      I'm so happy he never got the win to run the conservative party

    • @webstercat
      @webstercat Рік тому +21

      So correct. He defines the term bad actor.

    • @georgeash4008
      @georgeash4008 Рік тому +22

      Pay him 15 million dollars and he will act as your spokesman.

    • @fwd105
      @fwd105 Рік тому +1

      Agree but he's not wrong about a fre things such as CZs actions. Ultimately the downfall of a fraud that shouldn't have happened but hey ho if you play in an unregulated market it will come with risks.

    • @MC14340
      @MC14340 Рік тому +5

      @@georgeash4008 he actually does it for about 1.5k or 1.2k I don't remember

  • @Mexican_Marauder
    @Mexican_Marauder Рік тому +22

    Why do I feel like this is a smoke show designed to protect and not find out what happened?

    • @Kaodusanya
      @Kaodusanya Рік тому +7

      Because they never actually talked about sbf and kept throwing the word crypto around when this is straight up fraud

    • @thelittletexan135
      @thelittletexan135 Рік тому +6

      Kind of reminds you of the biden administration doesn't it!

  • @TheRJRabbit23
    @TheRJRabbit23 Рік тому +487

    Kevin O’Leary needs an Oscar. What an acting performance.

    • @KimoKimochii
      @KimoKimochii Рік тому +49

      if you actually listen and try to understand the stuff he says, he consistently contradicts himself it doesn’t even make sense LOL

    • @rumpelstiltskn5574
      @rumpelstiltskn5574 Рік тому +1

      ...🤣😂🤣😂🤣😂

    • @jamesbedwell4715
      @jamesbedwell4715 Рік тому +6

      @@KimoKimochii you had me in the first half hahaha

    • @jimmason1072
      @jimmason1072 Рік тому +3

      If he goes to prison maybe he will get "Oscar"....😉

    • @bucknuts247sports3
      @bucknuts247sports3 Рік тому +1

      Mr DBag in action

  • @seanseamands
    @seanseamands Рік тому +233

    Mr. Kevin sounds like SBFs spokesman. He's literally talking in place of SBF at this moment even defending and providing a coverstory for him while also just saying this is his opinion

    • @Ignisami
      @Ignisami Рік тому +13

      Well yeah. He got paid like 15 million to be FTX's spokesperson.

    • @SOSchangedme
      @SOSchangedme Рік тому +2

      Well said

    • @beyondhomosapien
      @beyondhomosapien Рік тому +4

      Yeah for real. The old story of someone who over explains a bit too much to over complicate the matter and manipulate the opinions of others … this is a manipulation move where they expect the person to loose track of what they’re saying somewhere along the way… very common tactic for manipulation when the person thinks they’re smarter than others.

    • @slick99rooster
      @slick99rooster Рік тому +1

      I think the investigation will show he is complicit in the fraud

  • @bdinh3130
    @bdinh3130 Рік тому +99

    Kevin O’Leary should just go into acting. “Let’s call them friendnemies”. I’m sure some assistant handling pr somewhere was sure that is the word to best frame the situation.

    • @veritas3179
      @veritas3179 Рік тому +1

      🤣😅😂

    • @scorch4299
      @scorch4299 Рік тому +3

      Binance did everything legal. FTX stole. Pretty clear Kevins loyalty lies with Sam still.

  • @Crimin4L
    @Crimin4L Рік тому +74

    You gotta love the audacity of Kevin O'Leary to blame Binance for FTX's failures, then push for regulations LOL 🤡💩🤡💩

  • @taiwandashcam2819
    @taiwandashcam2819 Рік тому +58

    "we want decentralised non government banking system" - investors
    "we want government to get our money back" - same investors

    • @medaphysicsrepository2639
      @medaphysicsrepository2639 Рік тому

      Until you find out how much money FTX “gave” to politicians

    • @gilgamesh6135
      @gilgamesh6135 Рік тому +1

      Well said. Cannot believe this is being spoken about in congress

  • @perrytalor842
    @perrytalor842 Рік тому +55

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @tonyrichards1476
      @tonyrichards1476 Рік тому +7

      I'm 48years old living in California, I'm hoping to retire at 50 if things keep going well for me. Bought my first house last month and I can't be more proud that am i now. I'm glad I made great decision about my finances that changed me forever but now I can't seem to make any other smart investment.

    • @leahzoe3667
      @leahzoe3667 Рік тому +7

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

    • @danielharris7269
      @danielharris7269 Рік тому +6

      Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.

    • @dorothysharon8351
      @dorothysharon8351 Рік тому +7

      I'm a living testimony of expert Naomi, she has been trading for me for months now

    • @hesleybrown4958
      @hesleybrown4958 Рік тому +9

      @Camila Aria yeah she does , and in my opinion, it's a huge one and chance for you to change your life with trading.. I just bought my dream Mercedes from last week's profit. All thanks to her expertise.

  • @superjules
    @superjules Рік тому +139

    9:04 "That's what drug companies do". Careful, Warren. Don't give the game away.

    • @BobbyIsmaiel2424
      @BobbyIsmaiel2424 Рік тому +6

      Woah I just noticed it.. I bet they do

    • @highwaystar3780
      @highwaystar3780 Рік тому +16

      Leave her alone....she's an American Indian. A Victim !

    • @MrKrisProdigy
      @MrKrisProdigy Рік тому +4

      Pocahontas lol 😆

    • @worldpeace6374
      @worldpeace6374 Рік тому +3

      I thought the same thing when I heard her say that. Freudian slip?

    • @IzabellaRequiem
      @IzabellaRequiem Рік тому +2

      @@MrKrisProdigy dude this is so wrong to say

  • @Metalblowing
    @Metalblowing Рік тому +727

    Kevin guy is fascinating here. Give him an Oscar.

    • @olliefoxx7165
      @olliefoxx7165 Рік тому

      He was asked if SBF asked him to invest in another company would he and Kevin said yes. He's a huge pos.

    • @jerryczech953
      @jerryczech953 Рік тому +18

      give him 10 oscars

    • @veritas3179
      @veritas3179 Рік тому +86

      Yes, lol. Academy award for the Kevin snake oil salesman. 🤣😂

    • @tioswift3676
      @tioswift3676 Рік тому +61

      Bruh the ONLY reason Kevin is even there is because he lost $9 million of his money in FTX. He’d be laughing and calling you a dvmbazz if he didn’t lose anything.

    • @mnoquiao
      @mnoquiao Рік тому

      HAhahaha!

  • @kb8570
    @kb8570 Рік тому +39

    Kevin should be sued for millions.

    • @steven7936
      @steven7936 Рік тому +1

      He's a spokes person for the company and even he lost money, so it pretty much proves that he wasn't in on what was going on.

    • @calebclark5615
      @calebclark5615 Рік тому +2

      He LOST MONEY THAT WAS GIVEN TO HIM TO SAY SAM BANKMAN WAS BUFF AND SEXY. This is a clown show and if nothing happens you will all know what is coming next

    • @calebclark5615
      @calebclark5615 Рік тому +1

      @@steven7936are you an npc?

    • @patson420
      @patson420 Рік тому

      he is

  • @theatmaweapon
    @theatmaweapon Рік тому +362

    This is like a giant advertisement for their crypto regulation laws they've had planned for a while. Great performances all around.

    • @Avaricumstudios
      @Avaricumstudios Рік тому +33

      Regulations didn't precede banks, they came after the banks and Regulations are there for a reason.....

    • @braddater5834
      @braddater5834 Рік тому +3

      They can regulate it but stay away from KYC wallets. That's ridiculous. We don't have KYC vaults for Gold.

    • @damienhall9626
      @damienhall9626 Рік тому

      Facts

    • @marcind4644
      @marcind4644 Рік тому

      Because crypto morons proved that they can't live without regulators. They made scammers like SBF and FTX the second biggest exchange within a year, bought a ton of shitcoins without any utility, and ultimately nuked the market. If average crypto investor wouldn't be so greedy and impatient, and limit themselves to dozen of trustworthy proven project, there wouldn't be FTX.

    • @Justinlearns
      @Justinlearns Рік тому +5

      Freedom was cool while it lasted. 1776-1777

  • @tomlydon3123
    @tomlydon3123 Рік тому +8

    O'Leary should have his passport confiscated.

  • @mclanaford2957
    @mclanaford2957 Рік тому +208

    Let’s be Frank Sam Bankman Fried was not alone in this. …. Put all those involved ,yes there are many ,in jail.

    • @Zen-rd9np
      @Zen-rd9np Рік тому

      Hats off to you for the pun

    • @Nocare89
      @Nocare89 Рік тому +1

      Sadly, he's just the fall guy.

    • @wayne8797
      @wayne8797 Рік тому

      I think all his previous buddies are now working with the feds to stick it to him.

    • @frankbattlejr981
      @frankbattlejr981 Рік тому +4

      It’s despicable that Sherrod Brown says this is the result of a one off fraudster and not something more widespread. How is he able to make that claim?

    • @kenwilson2314
      @kenwilson2314 Рік тому +4

      How many of these people took money from FTX?

  • @BrigCommander
    @BrigCommander Рік тому +16

    AOC acts super intense for absolutely no reason, and what's up with her hand shaking so much? Weird

    • @rob2508
      @rob2508 Рік тому +1

      Because she’s in to it also, and don’t want to pay back…

    • @texasmane
      @texasmane Рік тому +1

      She asked good questions, what are you talking about

    • @rob2508
      @rob2508 Рік тому +1

      @@texasmane aoc asking good questions? That would be the first time…

    • @texasmane
      @texasmane Рік тому +1

      @@rob2508 okay? Not sure why your attacking AOC in this situation, seems like one of the congressman that’s trying to understand and scrutinize what happen, compared to other senators that grandstanded, absolutely nothing or asked dumb questions

    • @rob2508
      @rob2508 Рік тому

      @@texasmane that’s just the problem she doesn’t have enough brains to understand…cappice?

  • @davidrodriguez2366
    @davidrodriguez2366 Рік тому +194

    She hit the nail on the head drug companies 😆 🤣 😂 😹

  • @bennoble2049
    @bennoble2049 Рік тому +8

    So the old guy from Shark Tank and the guy for the hit 2000s show the OC are handing out financial advice. 👌

  • @RickK1988
    @RickK1988 Рік тому +2

    Citadel Securites/Ken Griffin and all market makers in the stock market do this exact thing. Let's talk about that too.

  • @kerrybaral9241
    @kerrybaral9241 Рік тому +97

    Kevin now throwing CZ under the bus and blaming CZ when Sam fried and him are the issue here

    • @carlosquinto1383
      @carlosquinto1383 Рік тому +4

      The statement that SBF was going to give before he got arrested was all about blaming the new CEO Ray for everything. It got published by the WSJ I believe. It's hilarious.

  • @strengthaxlesystem
    @strengthaxlesystem Рік тому +46

    MIT really looking good lately!

  • @ZedAlfa.
    @ZedAlfa. Рік тому +9

    At 1:42 “This is really old fashioned embezzlement. This is just taking money from customers & using it for your own purpose, not sophisticated at all ... “

  • @JP-xq7fo
    @JP-xq7fo Рік тому +4

    Out of all these politicians questioning, whom amongst them took campaign donations from SBF?

  • @joemama7163
    @joemama7163 Рік тому +16

    Love the Freudian slip where Warren says "drug companies" in lieu of drug dealers!

  • @tyler7248
    @tyler7248 Рік тому +45

    Sam lost the money on adderall and a penthouse. Sam is being protected by the media for some reason. Why is this even a discussion. Dude took peoples money, spent it, and gave out FTX IOU's.

    • @MrCarasiniu
      @MrCarasiniu Рік тому +8

      ties to dnc is just enough a reason, innit?

    • @Drew.DrivesYT
      @Drew.DrivesYT Рік тому +4

      @@MrCarasiniu same with ties to that one country we're supposed to 'stand with'

    • @Fvcky0uverymuch
      @Fvcky0uverymuch Рік тому

      Because he was a brain washed DeVoe pawn

    • @Fvcky0uverymuch
      @Fvcky0uverymuch Рік тому

      But who was brain washing them

    • @SethTheOrigin
      @SethTheOrigin Рік тому +1

      @@Drew.DrivesYT and what country isn’t that

  • @JM-ng6vh
    @JM-ng6vh Рік тому +87

    cool hearings i'd be nice if they had hearings about the people connected to Epstein.

    • @beyondhomosapien
      @beyondhomosapien Рік тому +7

      Yes the fact that this hasn’t happened speaks to the compliance that is likely
      happening.

    • @hgbugalou
      @hgbugalou Рік тому

      I'm of the opinion the other shoe hasn't dropped on this yet and the FBI is all in it. It's just very quiet because of those being looked at. It will be years before anything happens though.

  • @MrShahramk61
    @MrShahramk61 Рік тому +16

    😂 It is so funny all transactions are recorded on the blockchain. So any large transactions can be tracked. So using gold and dollar is much easier to hide transactions

    • @gnack420
      @gnack420 Рік тому +2

      The ledger only contains wallet addresses and transaction amounts, it doesn't contain identifying information.

    • @bubstacrini8851
      @bubstacrini8851 Рік тому +1

      Ah, Gold Mr Shahram, is beautiful!

    • @MrShahramk61
      @MrShahramk61 Рік тому

      @@gnack420 of course it doesn't but you know what transactions have been made.

  • @nft_mac4592
    @nft_mac4592 Рік тому +5

    Lol Kevin’s breathing & nervousness speaks volumes

  • @stephentaylortexas
    @stephentaylortexas Рік тому +6

    Politicians acting surprised about fraud and corruption is priceless!

  • @mikehall6912
    @mikehall6912 Рік тому +5

    Just criminals questioning criminals

  • @markmack2746
    @markmack2746 Рік тому +59

    Wonder why they don't ask who SBF bribed

    • @zlonewolf
      @zlonewolf Рік тому

      SFB bribed all the dump crypto investors. Duh. You folks are dump and deserve to be wiped clean. SFB is playing the dump card and laugh all the way to the bank. Hahaha.

    • @kevinwilson6270
      @kevinwilson6270 Рік тому +7

      The left

    • @aa-ig3ng
      @aa-ig3ng Рік тому

      he bailed out failing DNC analytic firms and donated something like 1 billion dollars to democrats.....oh yeah he also commissioned the study that said Ivermectin was horse paste and you should really really really really trust the vaccine makers.

    • @markmack2746
      @markmack2746 Рік тому

      @@kevinwilson6270 think he was bribing all of them. There's really no difference between the two parties. They all love war

  • @brianperticari
    @brianperticari Рік тому +47

    This is the beginning of the end for Mr. Wonderful

    • @Random_dud31
      @Random_dud31 Рік тому +2

      @@KennyRogersRoasters84 wait what? What are you talking about?

    • @calebclark5615
      @calebclark5615 Рік тому +3

      The boating accident that killed two people and she was acquitted of all charges. It happened in 2019

    • @shanewilson8728
      @shanewilson8728 Рік тому +2

      This country needs more people like Kevin O'Leary.

    • @jameshowell4854
      @jameshowell4854 Рік тому

      @@shanewilson8728 yah!! is that not the sad & pathetic of it all! Mr. O'GREEDY says he lost bit it was money that was given to him to promote sbf & ftx. To my recollection of CNBC & now in from of the panel do not recall saying he lost out of his own pocket? Just the money he was given & the money of his investors that he is investing for them.

  • @ocvegasproperty
    @ocvegasproperty Рік тому +18

    “Quick books?!” Lol. Surprised they used anything at all and she acts shocked like she knows the difference between quickbooks and SAP.

  • @evilgenius3646
    @evilgenius3646 Рік тому +5

    "that's what drug company... er uh.. dealers do" little Freudian slip there

  • @markgatz6127
    @markgatz6127 Рік тому +8

    Full disclosure how many members this of this committee received campaign donations from FTX during the midterms? Just asking.

  • @justabrake
    @justabrake Рік тому +96

    Kevin O”Leary is afraid he might be implicated because he was a spokesperson for FTX

    • @thatisabsolutelykooooge2211
      @thatisabsolutelykooooge2211 Рік тому +2

      How is he culpable though? He didn’t have any control over the accounts and relied on representations made by SBF. Plus, he lost money as well, even though he made more in fees than he lost. I don’t get how he can get in trouble. Please explain 👍🏿

    • @s1bulka
      @s1bulka Рік тому +1

      No way. He just has a huge ego and is trying to save face after getting absolutely clowned by the public.

    • @davidsantoso2291
      @davidsantoso2291 Рік тому +2

      @@thatisabsolutelykooooge2211 by doing no diligence promoting an illegal scam while getting paid to do so. There's a reason why people always say "not a financial advice". Kevin promotes FTX as the safest exchange in the world while getting paid to lie. Definitely a reason to put him behind the bars but anything crypto-related is still a hard case to deal with because of the little regulations.

    • @justabrake
      @justabrake Рік тому +1

      @@FireFishMike He promoted FTX so did the athletes and celebrities

    • @thatisabsolutelykooooge2211
      @thatisabsolutelykooooge2211 Рік тому

      under which law can someone go to jail for being a paid spokesperson and promoting a product all the while not having any power to steal money, let alone stealing the money itself?

  • @loris3595
    @loris3595 Рік тому +62

    Make the politicians give the money back that they got from FTX.

    • @SolarJakee
      @SolarJakee Рік тому

      They were literally paid with money stolen from their constituents lmao

  • @JJ_028
    @JJ_028 Рік тому +8

    09:04 she slipped up and outted the drug companies 🤣

  • @rebekitaann4958
    @rebekitaann4958 Рік тому +384

    Great educational content, as always. I appreciate the level-headed approach you take to the news and the markets. Most beginners believe that investing in crypto and stock is all about holding till it rises but that is absolutely wrong. Due to the recent crash in the market and recession we should know that long term price predictions are very difficult to achieve and are based on speculations. Therefore It's better to trade short or long term and make profit. Trent Hart got me covered as i am comfortably making up to 1.5 BTC monthly copying and applying his trade signals/strategy on my own trades.

    • @rebekitaann4958
      @rebekitaann4958 Рік тому

      Kindly reach him through his telegram handle.

    • @rebekitaann4958
      @rebekitaann4958 Рік тому

      @Trenthart

    • @nickclinton9837
      @nickclinton9837 Рік тому

      Trent Hart is reliable to trade with 100%...............

    • @nurseanissa4990
      @nurseanissa4990 Рік тому

      Absolutely… Trent Hart's daily signal is very profitable!!.

    • @luckyjeffs9971
      @luckyjeffs9971 Рік тому

      Last month i grew a total profits of 5.1btc by trading actively with his signals as well..

  • @BobbyIsmaiel2424
    @BobbyIsmaiel2424 Рік тому +15

    Still waiting for O’Leary to say “….that’s why they call me Mr. wonderful

  • @pkdhdkdjdbkfjcj
    @pkdhdkdjdbkfjcj Рік тому +5

    Look at Kevin he is blinking so fast, a pure sign of a masterful LIAR.....I tried to warn him but ignored all warnings....

  • @hillbilly4895
    @hillbilly4895 Рік тому +5

    This is probably worth watching 10 times. O'Leary likes a regulated crypto too much me thinks...my first instinct is that the taxpayers will be on the hook at some point.

    • @ProphetessDeborah1986
      @ProphetessDeborah1986 Рік тому

      Whatever regulation that would put in place is mainly going to hit the little retailers the most. Because 90 percent of the times frauds get away with it.

  • @clarizahhh
    @clarizahhh Рік тому +2

    Kevin likes to hear himself talk

  • @Trevspowers
    @Trevspowers Рік тому +7

    “Quickbooks?!” (0:42) LMFAO

  • @lloyde4077
    @lloyde4077 Рік тому +21

    Give Mr wonderful an Oscar 😅😅😅😅😅

  • @user-ex1vd9td7k
    @user-ex1vd9td7k Рік тому +5

    9:05 Drug Companies.. you had it right

  • @Brotoshi
    @Brotoshi Рік тому +5

    Warren “that’s what drug companies do” 😂

    • @stcattc
      @stcattc Рік тому +3

      Scrolled way too long to find this!

  • @BaronEurchild
    @BaronEurchild Рік тому +4

    I like when Elizabeth Warren said drug companies

  • @kamrynsikes
    @kamrynsikes Рік тому +15

    I think most of these congressmen are upset because they can’t get laundered money from if anymore

    • @calebclark5615
      @calebclark5615 Рік тому +2

      Most definitely

    • @patson420
      @patson420 Рік тому +1

      at least the arguments are bs. Guess what, rockets gets paid in hard cash USD not btc. Not yet 🕳🤷🏽‍♂️😂

  • @ryananation
    @ryananation Рік тому +132

    It’s not a big moment until Gary Gensler faces his questions

    • @AncientSlugThrower
      @AncientSlugThrower Рік тому +4

      That will never happen.

    • @glock19aog21
      @glock19aog21 Рік тому +3

      AMC TO THE MFN MOON

    • @ryananation
      @ryananation Рік тому +2

      @@AncientSlugThrower if a few million people on these chats talking about it might help!

    • @CryptoPump610
      @CryptoPump610 Рік тому +1

      In life you learn some people are actually untouchable, sadly he's one of them.

    • @jrocc_kmh
      @jrocc_kmh Рік тому

      Gary needs to answer to amc asap

  • @Ryan-gz9xg
    @Ryan-gz9xg Рік тому +6

    Haha wait was that Jim Gordon at the end??

  • @britney_david
    @britney_david Рік тому +4

    Hello what's the best way to get started with biction investment cos I've been making personal research for a while now.

    • @salmakenzie6870
      @salmakenzie6870 Рік тому

      3 months Ago i was skeptical about trading bitcoin until i was introduced to Mrs Annabelle and i must say i was impressed by her understanding and politeness

    • @britney_david
      @britney_david Рік тому

      Thanks a lot for the recommendation guys and I'm looking forward to earn from my first investment with her

  • @richhoyle1254
    @richhoyle1254 Рік тому +3

    Every time AOC opens her mouth 😭😂

  • @chrishale8343
    @chrishale8343 Рік тому +6

    Kevin oleary is screwed now

  • @AB-1023
    @AB-1023 Рік тому +42

    Strange that the guy who did all the stuff isn’t here to answer questions

    • @davemccombs
      @davemccombs Рік тому +3

      No, it isn't. Because that's not what this hearing is.
      You see something on TV, instead of learning about it or learning from it, you just decide "THIS ISN'T WHAT I WANTED TO SEE, HOW ODD"
      Come on. Be better.

    • @lancetruong4957
      @lancetruong4957 Рік тому

      Because the DOJ doesn't want him to testify in front of Congress; the truth will come out implicating some of Democrat politicians took millions from SBF.

    • @lancetruong4957
      @lancetruong4957 Рік тому

      I wouldn't be surprise if Biden's rep receive millions from SBF.

    • @kennethbyington516
      @kennethbyington516 Рік тому +2

      @FreeSpeech orDIE!!! exactly. And the reps were shocked that they arrested him knowing in 2 day's he was supposed to come in and testify face to face. They wanted answer's str8 from his mouth, no s spokesperson.

    • @simonmc7875
      @simonmc7875 Рік тому +1

      ​@@davemccombs yes, we all know he was arrested to stop him from disclosing more information and incriminating not o ly himself further, but others. Be better, think better...

  • @travisbartow2861
    @travisbartow2861 Рік тому +5

    In summary, to “protect” investors, The answer is more government regulation, oversight and control of the crypto market. Got it.

  • @invader8867
    @invader8867 Рік тому +19

    It is worth knowing whether these so called CEOs know and understand what they are creating or could it be that they themselves are ignorant until the bubble bursts .

  • @seanmcdonald3286
    @seanmcdonald3286 Рік тому +1

    Kevin knew it was a scam. He said on live TV that these "assets" have no value, but he showed just how greedy he really is. Thought he could get in at the top of a ponzi and learnt a humbling lesson and has now lost any shred of credibility he may have had.

  • @roberttorres9360
    @roberttorres9360 Рік тому +55

    They let Madoff, slip threw there fingers when somebody alerted the SEC they just ignored it.
    The SEC is guilty ..

  • @markymarkvancity
    @markymarkvancity Рік тому +154

    CZ put it out there because he is transparent AF and realized FTX's FTT token was absolutely worthless after finding out FTX was lobbying against other firms like Binance behind their backs. Why would he keep that to himself, to let others be left holding the bag so Kevin doesn't have to? O' Leary is a joke.

    • @stunnerdoc
      @stunnerdoc Рік тому +4

      What is Binance coin worth ?

    • @ok-kk3ic
      @ok-kk3ic Рік тому

      Interesting

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 Рік тому +6

      Binance is hiding something, not sure what that is.

    • @alpha2957
      @alpha2957 Рік тому +6

      @@martinlutherkingjr.5582 You're so Funny. You're sounded like AOC. 👍

    • @stunnerdoc
      @stunnerdoc Рік тому +2

      @@martinlutherkingjr.5582 absolutely! You don’t need to defend yourself unless you have something to hide

  • @metroboom2831
    @metroboom2831 Рік тому +53

    You can't blame CZ or Binance for wanting to sell their FTX shares. FTX coins are supposed to have the money that each share.

  • @christazman8420
    @christazman8420 Рік тому +34

    Resident native american Ms. Warren's Freudian slip at 9:03 is priceless :D

  • @rayleeaustralia
    @rayleeaustralia Рік тому +1

    I agree. Drug companies also do money laundering

  • @franklee7150
    @franklee7150 Рік тому +8

    He didn’t lose anything. He just didn’t get paid his full 15mil. endorsement fee for FTX. What a Sham!

  • @lord_bozo
    @lord_bozo Рік тому +43

    I was waiting for Kevin to say "Senior, I'm out" 😂

  • @fragoutrambo6381
    @fragoutrambo6381 Рік тому +13

    Ah yes another grandoise hearing just for show. Everyone knows everyone in that room has their own schemes going on.

  • @smith0010
    @smith0010 Рік тому +3

    my life is totally changed 😊. I've been earning $10,250 returns from my $4,000 Investment every 7 days

    • @chukswayne495
      @chukswayne495 Рік тому +2

      I've traded with a lot of individuals but
      have never come across anyone as good as
      Mrs Walls , just by applying his
      new strategies I now trade independently. He's the best I can advise any novice investing to trade with him

    • @oyindenyefalucky8412
      @oyindenyefalucky8412 Рік тому +1

      wow .. Amazing to see others trading with Mr Walls , i am currently on my fifth trade with him and my portfolio has grown tremendously

  • @NicholasDunbar
    @NicholasDunbar Рік тому +20

    Very surprised to see Commissioner Gordon educating Congress on crypto.

    • @lance_jasperson
      @lance_jasperson Рік тому +1

      i was just thinking isnt that guy an actor but couldnt remember where from hahaha

    • @wesleyjma
      @wesleyjma Рік тому

      but damn was it delivered with drama lol

  • @markgatz6127
    @markgatz6127 Рік тому +34

    Like we all watched as the Canadian government cut off its citizens access to their bank accounts during the truckers strike, if the USA currency goes digital the same thing will happen here.

    • @chrismullin8304
      @chrismullin8304 Рік тому +5

      I agree. The younger generation welcomes the ease of no cash. We will all pay the price.

    • @olliefoxx7165
      @olliefoxx7165 Рік тому

      Yep. SBF was lobbying to regulate....his competitors. The govt controlling crypto kills its purpose. O'Leery is a POS

    • @MrCarasiniu
      @MrCarasiniu Рік тому +2

      I can definitely tell you you must not consent to any of the shenanigans that they propose regarding cbdcs. if they propose it dont touch it. not one bit. we would still like to use physical cash and crypto as internet money but they all should be backed by real things ...commodities, minerals, etc.

    • @MrCarasiniu
      @MrCarasiniu Рік тому

      @@chrismullin8304 depends. how much younger? :)) how many spring seasons?

  • @hewhohasnoidentity4377
    @hewhohasnoidentity4377 Рік тому +16

    The technology behind crypto has a lot of potential. Unfortunately it isn't being developed by people trying to make the world a better place or trying to learn what they can do with it. It is being developed by people trying to take money from the traditional finance system and place it in their pockets.

    • @GnomeGrown55
      @GnomeGrown55 Рік тому +1

      not all dev's are crooked. O'Leary is a goof of the highest level, but he was right about one thing - (summarized) "crypto is going through a 'phase of culling of the corrupt and the incompetent'" There are some good ones out there, and once this is all sorted out (likely through regulations), crypto will flourish. I hope....lmao. I hope regulations don't kill the industry. =[

    • @Lupine.
      @Lupine. Рік тому

      Trying to fence-in crypto so they can apply their insider trading tactics to another "investement" avenue. Nobody is allowed to accrue wealth without them skimming off the top every time.

  • @quakerninja
    @quakerninja Рік тому +13

    Was anyone else expecting the clip to end with "Live from New York it's Saturday Night"

    • @bynchillyn
      @bynchillyn Рік тому +1

      Redo it. Just by adding Chevy Chase doing the SNL intro. Although somewhere in the middle you should throw in Chevy explaining the problem with the plexar valve from that one movie who's title I don't recall.

  • @Maarten_official_account
    @Maarten_official_account Рік тому +1

    That O’Leary character is one smooth talker and when a man is too smooth to be true he usually is 🤔

  • @jonathannoble7657
    @jonathannoble7657 Рік тому +1

    Kevin sounds like he’s pushing his own narrative

  • @muldoon67
    @muldoon67 Рік тому +7

    The best dis from the CZ interview was to call K O'L 'Kelvin'. Nothing annoys a person more that saying his name wrong.

  • @balaji-kartha
    @balaji-kartha Рік тому +5

    How many in that committee, let alone the congress, really understand technology and crypto!

  • @stevenschulak170
    @stevenschulak170 Рік тому +5

    i cant wait to see the movie that dumbs this down for me lol

    • @nathanleigh3486
      @nathanleigh3486 Рік тому

      Not complicated pal, he took peoples investments and pissed it up the wall on personal ventures, just plain old theft, Many countries would of hung him from a bridge already.

    • @zlonewolf
      @zlonewolf Рік тому

      You can watch the The Big Short. Sums it up pretty nicely. Starring SBF as Michael Burry. But this time, its called The Big Long. The result is what you have when you have gullible investors and the star of the movie watching the The Big Short but getting the Big Long in the rear.

  • @Multisportamateur
    @Multisportamateur Рік тому +2

    Mrs Wagner’s reaction is sorta like…QUICKBOOKS??? WHAT’S THAT?

  • @B4XCode
    @B4XCode Рік тому +8

    i really love how everyone is defending CZ just like they defended SBF, none of these companies are regulated nor they have any law that can compel them to do what they say, let's hope CZ doesn't go the same route as SBF because let's face it he can go that route easily with a single button click, that's what Do Kwon did, that's what SBF did and that's what every rug pull scammer do every day ...

  • @candycaneunicorn8024
    @candycaneunicorn8024 Рік тому +4

    Kevin is a paid spokes person for FTX and SBF.

    • @calebclark5615
      @calebclark5615 Рік тому

      No!!! He thinks SBF is buff and handsome and loves all people and is the most generous person since Jesus Christ himself

  • @cryptomill
    @cryptomill Рік тому +4

    KO is part of the game they are pl😢and he is just going after Binance it’s all part of the plot

  • @myleswenban8858
    @myleswenban8858 Рік тому +8

    Oleary delusional. SBF made a smuck of him and he wants someone to blame. He should have invested in Binance instead