Hey Guys,
I'm sure you've all heard about the FTX hearing by now, but I bet only a few of you have watched it. Not to worry – I've got you covered! I listened to the whole four hour exchange with new FTX CEO John Jay Ray III, and compiled the best bits into today's video.
I must admit that the first bit of the hearing wasn't all that eventful and mostly covered stuff we all know. It's in the second half where things get crazy. Bahamas conspiracies, the apparent absence of evidence of a hack, and FTX being insolvent months ago.
It was also revealing to see the tone of some of these politicians. A few of them expressed concerns about cryptocurrency challenging the US dollar which is surprising given that the crypto market has been crashing hard. I discuss what that means at the end.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Investigating Collapse of FTX Part 1: https://youtu.be/rWAnrigAO3I
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
