Crypto: The World’s Greatest Scam

Bitcoin to Blockchains, to NFTs, to Web 3.0... it's time to find out if it's really all the hype or just part of one of the greatest scams in human history.

SBF Blames Everyone But Himself

Sam Bankman Fried recently released a substack post were he deflects blame for the FTX collapse. 

SBF's substack post can be read HERE.

99% of crypto is a scam

Economist Nouriel Roubini has ratcheted up his fiery commentary on the stricken cryptocurrency industry, particularly toward FTX and its now-disgraced founder, Sam Bankman-Fried, commonly known as SBF.

"FTX and SBF are not an exception — they're a rule," the NYU professor, who is known as "Dr. Doom" for his dire perspectives on global trends, said on Yahoo Finance Live at the World Economic Forum in Davos, Switzerland, on Wednesday.

"Literally 99% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust."

Get the full story and watch the interview HERE.

Why We Trust Fraudsters!

From Enron to Wirecard to Theranos and FTX, elaborate investment scams can remain undetected long after the warning signs appear. What are investors missing?

Prosecutors Step Up Pressure on Bankman-Fried's Associates

US authorities are ratcheting up pressure on Sam Bankman-Fried’s inner circle as they scrutinize former close FTX associate Nishad Singh, according to people familiar with the matter. Bloomberg's Sonali Basak reports.

A Crazy Year in Finance!

From Elon Musks Purchase of Twitter to the arrest and extradition of Sam Bankman-Fried. 

2022 was an eventful year in the world of finance. Let's look at the major financial news events of the year to see if there is anything we can learn or laugh about.