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FTX Rabbit Hole Goes WAY Deeper Than You’re Being Told
FTX used clients money to take risky bets. Those bets lost as the market fell further. Many companies saw their assets grow as clients saw crypto gaining. Once the trend changed, companies problems started showing up. Tether is a stable-coin that aims to have parity with the USD. However, it has never been audited. Never keep your funds on an exchange unless you’re you’re moving cash in or out. Hold your crypto offline. This is non-negotiable.
TOPICS AND TIMESTAMPS:
More Developments With FTX 0:00
Politics-Donations 10:25
Down The Rabbit Hole 13:10
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Sources Used in This Video:
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
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