Unraveling the Mystery: Bitcoin's Meteoric Rise and the Cryptocurrency Problem

Read my new article on Substack on the complex landscape of bitcoin's surge and the unresolved mysteries of cryptocurrency - is it an asset, gambling or a scam?

Free access HERE

 

FTX Founder Faces 115 Years in Jail

Sam Bankman-Fried and his company FTX were once the stars of the crypto space but all was not as it seemed. After his fraud was uncovered, he was held up as everything wrong with the financial world. 

We examine the trial of SBF, where the money went and how his ex-girlfriend Caroline Ellison told all.

Warren Buffett: Why You Should NEVER Invest In Bitcoin

Warren Buffett is the greatest investor of all time. In this video you will hear his opinion on Bitcoin, including the new 2021 comments! Very important to watch this regardless of your attitude to cryptocurrencies (and absolutely necessary if you own any of them!) As Charlie Munger says, “If you disagree with somebody, you want to be able to state their case better than they can.” And at that point you've earned the right to disagree with them.

Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.

FTX’s collapse - the emotional toll

"After several weeks of powerful testimonies for the prosecution in the FTX trial in New York, you might have thought the strongest ones had come and gone. Not so: this week Nishad Singh, the former head of engineering at the now-collapsed exchange, took the stand and delivered more blows to Bankman-Fried. 

 Like many senior FTX people, he had connections to SBF that go back long before they became famous, then infamous. He was the best friend of Bankman-Fried’s younger brother at high school and shared SBF’s interest in effective altruism. And in common with Gary Wang and Caroline Ellison, also part of Bankman-Fried’s inner circle, Singh said he committed financial crimes and did so in concert with Bankman-Fried.  

 But Singh’s testimony also stands apart from that which came before him by offering a window into the emotional toll this alleged fraud had on Bankman-Fried’s associates."

Read the full story HERE.

The Trial of Crypto’s Golden Boy: Where Did The Money Go?

Over the course of Sam Bankman-Fried’s trial, the jury has seen evidence and heard testimony about the money circulating through FTX and Alameda. Rachel Humphreys and Caitlin Ostroff break down the prosecution’s case, and trace where the government says the money was coming from and where it went.

Listen HERE.

The Trial of Crypto’s Golden Boy: Nishad Singh Speaks Up

Nishad Singh— another critical member of Sam Bankman-Fried’s inner circle— testified Monday saying FTX customer money was used to fund political donations and that he pushed back on Bankman-Fried’s spending on celebrities. Rachel Humphreys and Caitlin Ostroff unpack his testimony and discuss a medical issue Bankman-Fried raised to the judge.

Listen HERE.

The Trial of Crypto’s Golden Boy: The First Key Witness

Gary Wang, FTX’s former chief technology officer, took the stand in the government’s case against Sam Bankman-Fried. Producer Rachel Humphreys and WSJ’s Caitlin Ostroff discuss what Wang says he knows about the secret code that allowed Alameda Research to borrow billions of dollars of customer money from FTX.

Listen HERE - The Trial of Crypto’s Golden Boy: The First Key Witness

The Fake Genius: a $30 BILLION Fraud

Sam Bankman-Fried was supposed to be a billionaire genius running the world's largest Crypto exchange: FTX. In only a few weeks, his $32B empire crumbled, leading to his arrest. In this video, we unravel one of the decade's most significant cases of financial fraud.

Crypto Bank Run Cost Billions: Fed Advisor Rose

Federal Reserve Bank of Chicago Advisor Jonathan Rose speaks with Bloomberg's Matt Miller and Sonali Basak about the crypto space.

FTX Bankruptcy Explained!

Crypto fugitive is arrested

After his TerraUSD cryptocurrency imploded, Do Kwon became one of the most wanted men in crypto.

Last week, after a global manhunt, he was arrested at an airport in Montenegro. WSJ’s Alexander Osipovich tells the story of how Kwon went from being a major crypto player to facing fraud charges in several countries.

Listen to this story from WSJ HERE.

The Five People Keeping Bitcoin Alive

Bitcoin, the nearly $500 billion cryptocurrency, isn't controlled by any one person or company. But there are five mysterious coders that keep it all running. 

If you talk to a cryptocurrency enthusiast, one of the things that they might say is so great about Bitcoin is that it's decentralized. It's not controlled by a government or a company or any single group. But that's not exactly true.

WSJ's Paul Kiernan reports on the "maintainers" behind bitcoin.

Check it out HERE.