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The FTX bankruptcy is probably the darkest page in the history of cryptocurrencies. After authorities found the founder involved in the misappropriation of public investments, things have gone drastically downward and the firm has become a case study. FTX and Sam Bankman Fried had been under criticism several times for funding made to Joe Biden’s campaign and the Miami heats stadium. In an episode of the popular podcast The Joe Rogan Experience, YouTube investigator and Crypto Vigilante Coffeezilla a.k.a Stephen Findeisen has revealed how he caught the FTX.

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Coffeezilla had recently called out Logan Paul and Khabib Nurmagomedov for their crypto involvements. He had also left Dillon Danis red-faced; after he made him advertise for a scheme whose initials read SCAM for $1000. In his conversation with Joe Rogan, Findeisen revealed how he was able to get what Sam Bankman Fried was doing.

Coffeezilla tells Joe Rogan about his FTX finds

Coffeezilla explained to Joe Rogan how FTX users once thought they were storing their coins with NFL superstar QB Tom Brady. He mentioned that Sam Bankman Fried came out with very flimsy answers when he asked him some deeper questions.

He told Rogan,” I said Sam, if that’s true, where’s the money of all these people? You, there’s no Ethereum left, there’s no Bitcoin left. You don’t have the real tokens anymore you just have your sort of nonsense, uh FTX tokens; the tokens you invented.”

Diving deeper into the story, he continued, “And he said oh uh well, you know there was some margin trading accounts. And I’m like no, but there were people who didn’t trade with margin. There are people who just put their money with you and they all they wanted what they wanted to store some Bitcoin with Tom Brady. They wanted to be alongside Tom Brady.”

Read More: Dark Past Follows Tom Brady Into Retirement as Billion Dollars of Mess Comes After Him Again

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He further added, Basically, they didn’t have the money. And so now it’s trying to be sorted out by the guy who literally unraveled Enron and he says this lawyer; this lawyer goes it’s worse than Enron.”

FTX founder’s lifestyle under scanner

It has been revealed that FTX founder Sam Bankman Fried used the investments he got from the public to fund his research unit, Almeda research. This was not ethical. Sam Bankman Fried and the employees have been reported to be living in a multi-billion mansion. They were frequently involved in alcohol and drugs. The crypto world has lost a lot in terms of credibility after the FTX controversy came to light. Soon after, the founders claimed bankruptcy.

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What’s your take on Crypto Currency? Should celebrities take more responsibility before becoming the faces of such financial schemes? Let us know your views.

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