FTX Was (And Is) A Complete Mess
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2022-11-30ใซๅ
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Sorry, occupational hazard: This is not legal advice, nor can I give you legal advice. I AM NOT YOUR LAWYER. Sorry! Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Nothing here should be construed to form an attorney-client relationship. Also, some of the links in this post may be affiliate links, meaning, at no cost to you, I will earn a small commission if you click through and make a purchase. But if you click, it really helps me make more of these videos! All non-licensed clips used for fair use commentary, criticism, and educational purposes. See Hosseinzadeh v. Klein, 276 F.Supp.3d 34 (S.D.N.Y. 2017); Equals Three, LLC v. Jukin Media, Inc., 139 F. Supp. 3d 1094 (C.D. Cal. 2015).
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ใณใกใณใ (21)
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I have to say LegalEagle should be paid by the American Bar Association for improving the public perception of lawyers.
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"There were a lot of crimes broken." Damn, he's not just committing crimes; he's breaking them!
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Sometimes I feel inadequate and sometimes I hear these kinda stories and think "yeah I could run a billion dollar company"
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I'm So tired of people calling him a kid, he is or was 30 yrs old, he knows right from wrong
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The old rule still holds true, "the easiest way to rob a bank is to own a bank"
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I like the "I don't even know how to code" defense. Next time I get into a car accident I'll simply explain that I don't know how the engine works
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โNever in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,โ โFrom compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.โ coming from the Enron guy that statement is an epic level burn.
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Right now, I too am living with my mother, but sometimes I hear about someone my age or younger screwing up so much that I go, "Well, I may be a loser, but at LEAST I'm not going to jail for 25+ years for scamming hundreds (if not thousands) of people".
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When the guy who oversaw Enronโs bankruptcy is saying yours is the worst that heโs seen you are on a whole other planet
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you know, the main thing I'm hearing here is: When a kid gets picked up on the street with a little bit of marihuana he faces years in prison, when a cabal of rich people defraud money, the issue is going to be discussed in court for the next 5-10 years before the inevitably settle and retire with their ill-gotten gains.
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I'm a woodworker for a living. But my enjoyment of this channel has apparently convinced the YouTube ad algorithm that I'm a lawyer.
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The SBF โaw, shucksโ tour is pissing me off to no end. If he never sees the inside of a cell, we shouldnโt bother to prosecute theft any more.
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When the guy who had to clean up after Enron says he's never seen such a mess you know you're in for a ride
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"It's possible everyone is going to jail". I do love a story with a happy ending...
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What was great about the Larry David commercial is they accidentally showed why its good to be skeptical with investing ๐
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The person who said "If you don't understand, don't invest" gave the best advice in the video.
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I just want to point out that SBF was on an investment podcast 6-7 months ago where he attempted to explain how his company worked and ended up describing a Ponzi scheme. He was even called out on it by the host. He just blew it off with 'you olds just don't understand new-money'.
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Will customers see any of their money? Short answer: No. Long answer: Nooooooooooooooooooooooooo.
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CEO of almeida, bragged she only needed 'elementary school math' to be CEO of almeida in an interview. She said also: โWe tend not to have things like stop losses. I think those arenโt necessarily great risk management tools.โ