The Downfall of FTX

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The Downfall of FTX

Рет қаралды 154,975

Жыл бұрын

Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. Superteam explains the factors that drove FTX’s growth and what led to its downfall.
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Video edited by Jaydeep Dholakia: / dholakiajaydeep
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DISCLAIMER:
The information contained herein is for informational and entertainment purposes only. Nothing herein shall be construed to be financial, legal or tax advice. Trading cryptocurrencies poses a considerable risk of loss and viewers are advised to do their own research before making any decisions.
#crypto #web3 #ftx

Пікірлер: 520

@Susmeetjain Жыл бұрын

I don't say this often. But I am now a big fan, Kash. This quality in storytelling is so rare. Keep building these videos through the bear. Much Love.

@abhranilroonited Жыл бұрын

Time to replug the Tanmay interview with SBF here 🤣

@Abhi-vl9qn Жыл бұрын

*Paid Promotion

@Iam1nsane Жыл бұрын

🤣🤣 just shows how clueless he himself is about crypto.

@singhanirudhbp Жыл бұрын

@@Iam1nsane bro no one knows... No one can know else he/she will be god who can see future

@Iam1nsane Жыл бұрын

@@singhanirudhbp ftx went insolvent on november 9 or 10th. I can show you atleast 3 analysts who warned against ftx before that. Coffeezilla 6 months ago. Crypto tips November 5th. And a guy on new channel 11th october. If you are peddling crypto advice to so many followers your competency is bound to be questioned.

@dhengey Жыл бұрын

@@Iam1nsane I have to agree with that last sentence bruv.. you're bound to be questioned

@bhagyeshkotian1747 Жыл бұрын

Like the great Gopal sir once said, "Soja Crypto k dukh ko bhul k soja"

@s4meerbankupalli164 Жыл бұрын

Bro I've been following this since this whole thing started week back. Good to see you covering this and that too in a understandable way 😂

@ArjunSoota Жыл бұрын

He did a podcast with SBF too

@Picker22 Жыл бұрын

When ever such incident occur, I really love the way Kash explains. Met him personally multiple times and he is an amazing guy

@uttkarshmishra7735 Жыл бұрын

dude the preparation kash does is immensely next level !! especially the fluency in his story

@sunnysb123 Жыл бұрын

This is so insightful dude! Much like what we saw in Karvy and others in the stock market.. new found respect for SEBI for having these regulations in place..

@indianhistorybuff Жыл бұрын

This is like if NSE stole your money along with using investor money rather than Karvy. A very very big difference. The protections in crypto institutions are garbage and they have been garbage for over a decade like with Mt. Gox

@shivaniad Жыл бұрын

Adani.

@akshaysinghrai Жыл бұрын

This just shows you shouldn't believe any influencers about what to do with your finances. People like SBF are not unique, you don't need to be a genius to scam people, you just have to find enough gullible and desperate people. I will suggest instead of getting information about this scandal from some crypto bros, you should check out channels like CoffeeZilla, Patrick Boyle, and others who investigate these crypto scams.

@LulzAsh Жыл бұрын

you shouldn't believe influencers in general

@pranavaab Жыл бұрын

Sick presentation bro! I just loved it. Plain and simple

@bkcy18 Жыл бұрын

Using stable diffusion for plugging images in the presentation. Neat. Awesome explanation dude!

@truelearner1674 Жыл бұрын

God this is the best explanation till now and will be i future. Thanks Tanmay for this

@jiratisiddharth Жыл бұрын

The funniest part about the whole Crypto scene is that its tied to the US dollar. For a decentralised, blockchain based currency that is sold as a alternative to sovereign currencies, being pegged to the dollar is not just ironical but also scammy.

@offred6013 Жыл бұрын

And this fact is intentionally masked by the so called crypto influencers.

@Rishidiwan1 Жыл бұрын

Respect for RBI increases many fold

@R4ghavendra Жыл бұрын

Kash explains so smoothly. ✨👌 That's kind of an art.

@surajn9365 Жыл бұрын

Kash is a Gigachad too for explaining it so beautifully!

@Nshank Жыл бұрын

Tanmay i think also had a interview with SBF. 😀

@ibrahimsiddiqui3132 Жыл бұрын

USING THIS FOR A CASE STUDY...🔥 BIG UP TO YOU GUY'S.

@LakshmiNarasimhanTech Жыл бұрын

Honestly this has been the best explanation of what happened in FTX. The comparison to the race car was tooooo good. Thanks a lot

@surajmenon5334 Жыл бұрын

Thanks a lot for succinctly putting it in layman terms for people to understand!!

@niharc Жыл бұрын

Been looking for a good source for this news, tanmay posted at the right time

@tirtha_s Жыл бұрын

It's hilarious how Tanmay Bhatt pretends to be a "Web3" person who can host podcast on such subjects. The dude will make himself in any upcoming trending market. Whenever such influencers start talking in your domain - know that it is getting mass appeal.

@offred6013 Жыл бұрын

There is a cake and everybody wants to have a piece of it. Crypto is like acche din

@pulastyabhatia Жыл бұрын

i dont think iv've ever watched something so entertaining yet so informative im just blown away by this Kash Op

@amritanshujha6020 Жыл бұрын

This saga definitely deserves a meme review episode..

@rishikeshkale7003 Жыл бұрын

I have a question here. Like in the Stock/Share market suppose I lose 5K rs then someone has gained 5k. In this FTX crash, where did the money go? Did it vanish off to no one?

@greenbeans4841 Жыл бұрын

Alameda Research

@souravpatel Жыл бұрын

I think the first FTT investors to take out the money got the most value

@VK-fh7ud Жыл бұрын

They lost it in risky trading

@rishikeshkale7003 Жыл бұрын

@@souravpatel then what about rest of it?

@rishikeshkale7003 Жыл бұрын

@@VK-fh7ud They lost... But to whom??

@hooman9827 Жыл бұрын

Kash killing it like always. Really appreciate how you explained everything clearly while not going into the complex jargon. love kash (⁠ ⁠◜⁠‿⁠◝⁠ ⁠)⁠♡

@matrixozone1465 Жыл бұрын

14:59 this the reason why a lot of people were also saying that FTX manipulates it's coin price for its own sake

@tejavenkat8012 Жыл бұрын

I love these story times with kash and tanmay. Very Very underrated.

@Selectvideos101 Жыл бұрын

A year back tanmay advocated for investing in solana along with several other people No one can trust these tokens and exchanges now

@aditya_samudra Жыл бұрын

Supr Team knows this space well and Tanmay himself has learned a lot about Equity market and regulation.... Yet its surprising to see, when they had interviewed SBF hosted by Tanmay along with Akshay. We all know crypto space is very barely regulated and someone like SBF comes up on top just like that, I was hoping these guys should have restricted themselves by not inviting SBF out of excitement

@kookyvampire3748 Жыл бұрын

Well, SBF was the poster boy for regulation

@nitesh8700 Жыл бұрын

So basically it's" HARSHAD MEHTA SCAM" 🤔, but at international level and this time the bank is online . Simple explanation I guess 😂.

@anaybarje Жыл бұрын

Could you explain this to me? 1) CZ announcing on an open platform about selling his assets could have been illegal in any stock market, but here it's a game CZ and SBF are playing. 2) A centralised bank also uses the customer's deposit and gives loans to people but why here it's how you can use customers' money.

@kamranwasifify Жыл бұрын

Giving loans by centralised banks is different from brokers giving loans from their customer's deposits

@anaybarje Жыл бұрын

@@kamranwasifify Oh right. Thanks!

@scottstefan1 Жыл бұрын

Awesome! I've been waiting for you guys to do this, after the Luna coverage! Excite to watch

@prakarsh3710 Жыл бұрын

Man..... The amazing explanation by this team🔥🔥🔥

@Anders01 Жыл бұрын

If the crypto exchanges crash, defi will crash along with them, since it needs a way of converting cryptos to fiat currencies.

@gagans7180 Жыл бұрын

but still have some trust in the technology of "blockchain" and its future real world applications (except for its use for cryptocurrencies) , but lost trust on cryptocurrencies for now.

@bloodbathy Жыл бұрын

Please keep making these videos. Even if you lose your life saving in crypto.

@manishaagrawal9635 Жыл бұрын

I really enjoyed kash explanning things so clearly, he makes it so easy for us to understand !! Thanks Kash !!

@shreyaskshatriya Жыл бұрын

The best part is that I realized it today that Kash's Last name is Dhanda. Best name ever.

@abhipratik7414 Жыл бұрын

Thanks to the RBI and finance ministry of India for saving Indian retailers from this scam.

@sahebbeshra7659 Жыл бұрын

Huge respect for SEBI.

@lolumo Жыл бұрын

not gonna lie, this whole crypto thing has always smelt like MLM with good tech behind it

@axoltl1 Жыл бұрын

That's exactly what it is. Blockchain is potentially a very useful technology, but right now NFTs and many crypto token are just MLM schemes where you look for a greater fool to buy them off you while they have no real use cases

@SamTheOwl Жыл бұрын

These are people who pumped crypto indirectly or directly.

@Harshit-cv4ie Жыл бұрын

great presentation kash!!

@rahulpahwa9962 Жыл бұрын

Kash forgot to mention Tanmay's podcast with SBF 🤣🤣

@pinakinchaudhari95 Жыл бұрын

I think still many people don't understand how crypto works.

@TarunKumar-ed4ke Жыл бұрын

Thanks for the awesome explanation, Kash!!

@ROYALCELLakash Жыл бұрын

Man, tha was an amazing explaination! Kash OP

@priyanshudesai9598 Жыл бұрын

A lot of things he is saying are just speculation and btw ftx also sponsored the icc t20 World Cup so indirectly tanmay too got sponsored by them.😂

@thefunnyone9148 Жыл бұрын

He interviewed SBF on this channel, but to be fair to him everyone did that time as well.

@773HOWNER Жыл бұрын

7:17 when u don't know the answer but still have to write something to pass your exam.

@pa1241 Жыл бұрын

tanmay bhai abh toh solana gaya abh kya karoge fir ?

@insaneX67 Жыл бұрын

Correction: 15 B $ to 1 B $. He is still a billionaire.

@insaneX67 Жыл бұрын

Do the meme as well

@rorschachs1889 Жыл бұрын

You either die a hero or live long enough to see yourself becoming a villian and pump billions out of a exchange

@sanskarkhandelwal Жыл бұрын

Commenting before watching - you don't know how eagerly i was waiting for this

@giridhar3nr Жыл бұрын

Superb episode! Thanks a lot

@yashsolanki069 Жыл бұрын

Great coverage on the whole FTX shit. KASH is amazing!!

@vaibhavjaiswal5517 Жыл бұрын

For real man great presentation 🛐

@KKTlancaster Жыл бұрын

Except for the race car analogy, which was bad, period, the talk was pretty good.

@yaswanthnutakki3128 Жыл бұрын

On point. Thank you

@SaurabhSingh-wq5hd Жыл бұрын

Tanmay being fucked up big this time , still smiling 🥲😂

@MrAnkkii Жыл бұрын

Super impressed by the explanation.... Inspired by him. Awesome!!!

@rupeshchoudhary9237 Жыл бұрын

Mash is very knowledgeable. Loved it.

@everythingfromeverywhere152 Жыл бұрын

Kash explained it quite good.

@dheerajj7496 Жыл бұрын

Bro wanted to donate to charity, everyone thought he is Messiah of crypto but CZ should who is the OG.....

@sanskarkhandelwal Жыл бұрын

Legends know there exists a podcast with sbf on superteam channel 😄

@rishikesh4 Жыл бұрын

Waiting for next crypto downfall for new Storytime with Kash episode.

@PRASHANTSHARMA-ru6ns Жыл бұрын

I think someone should make something like crypto 2.0 completely unrelated to the existing crypto.

@nth.education Жыл бұрын

Awesome presentation man! Loved it

@rorschachs1889 Жыл бұрын

Was waiting finally delivered

@sanketatmaram Жыл бұрын

Fab Presentations & explainations

@nis99 Жыл бұрын

Kash op....too good

@udbhavrajput5985 Жыл бұрын

No No Crypto se safe.. people just dont know about it

@nayanabhsarma4439 Жыл бұрын

Can we trust on BINANCE now, after all these or they are going to do the same? Is the money in BINANCE safe or we should withdraw?

@push_karrr18 Жыл бұрын

Like some mahapurush once said, "I TOLD YOU SO"

@HemantSharma-bk8ek Жыл бұрын

Yeahh bro😂😂😂

@anumehta6884 Жыл бұрын

Awesome presentation Kash!!

@harshbharwani Жыл бұрын

You were sponsored by solana bro... Sbf backed...ftx backed... a lot of people lost Money In solana

@venomhighs1937 Жыл бұрын

gazab knowledge tanmay bhai !!

@chola377 Жыл бұрын

Should have mentioned about his political affiliation controversy and SEC connections too.

@lone_warrior3672 Жыл бұрын

Do a meme review. Kash - OP presentation 🔥🔥

@nawani99 Жыл бұрын

which Indian exchanges are supporting altcoin withdrawals?..Vauld is frozen, CoinDcx is supporting only BTC withdrawals. one has to swap their altcoins to btc and then shift it to a wallet. ..

@baggy248 Жыл бұрын

Best presentation by Kash!! and Tanmay we need a meme review

@ShreyasRisodkar Жыл бұрын

Most awesome explanation of the biggest scam saga .. The great Warren Buffet seems so right about his views on Crypto right now 😊

@manz007 Жыл бұрын

larry david was also right about crypto.

@sunil_reddy Жыл бұрын

I still don't know why a collateral can't be done with own token ????

@sunil_reddy Жыл бұрын

@@kashdhanda ohh👍

@yashhsm Жыл бұрын

Kash Storytelling 💯💙

@sauravjana4092 Жыл бұрын

every KZfaq influencer promoting crypto like crazy including Tanmay Bhat. Now every people is just going opposite direction. This is pure money making machine. Promote bunch of crypto project and get money. No one care about what happen to common people. I invested 0 RS in crypto.

@axoltl1 Жыл бұрын

People shouldn't be stupid enough to buy crypto or make other risky trades/'investments' based on the advice of someone like Tanmay Bhat. The issue is his audience is also young and impressionable, but selling financial products to teens is where the money is, so you can expect influencers like Tanmay to jump on this bandwagon.

@alankrityadav4527 Жыл бұрын

Tanmay never ever advised his viewers to buy crypto, And yes crypto technology is good, that's why they will talk about it. Stock Market, Housing Sector, .Com Bubble etc. scams have happened in every sector, it doesn't mean that those sectors ended.

@xnhp3 Жыл бұрын

Great job explaining, but did you guys pull out before the crash, or is this a retrospective analysis?

@viditjadhav3733 Жыл бұрын

This was super awesome and informative, just one request tho, when your bringing someone super informative and intelligent person on a podcast like kash, you can also invite a bunch of people who do hate certain background or knowledge about topic, anyways good content, thank you.

@sarrvaishchorrge131 Жыл бұрын

Dude.. why no one is talking about the role Twitter played in all this and who's controlling it now!!

@mritunjaykumar6488 Жыл бұрын

I'm jst thinking, which kind of guy this tanmay is...he is fuckin' genius man...he knows everything...💪

@creativelycrazyakash Жыл бұрын

now videos won't be uploaded on Superteam and it will just be for clips? just asking so accordingly can look for updates on the channel

@avinash_ingle Жыл бұрын

Intro design from that cred guy.. Awesome one...✌️🎯🎯🎯👏👏

@graphdez15 Жыл бұрын

very well explained.

@TheKrishanughosh85 Жыл бұрын

SBF used to buy in HONG KONG and sell in KOREA...KIMCHI premium is in korea....not japan....just thought of pointing that out...cheers!

@a4y3n Жыл бұрын

kash OP and yes I think everyone would enjoy a Meme review of this Mighty clusterfuck.

@anupraj18 Жыл бұрын

Anything related to crypto, dao, nft etc etc are just scams, if not scams, just purely stupid to see it as an investment. Its a tech concept, not an investment optinon. Buying bitcoins, nft as an investement is just moronic.