How this Crypto Billionaire Scammed Million Customers | Crypto FTX Scam Explained

FTX and it's CEO Sam Bankman Fried (SBF) rose to prominence in the early 2020's, before dramatically collapsing in a little over a week, disrupting the cryptocurrency industry and revealing a scam that stole billions of dollars from consumers. The CEO has since been under investigation by the US government which has lead to his arrest. This video seeks to explain this absurd situation to people who may not understand crytpocurrency. Changpeng Zhao's (CZ: Binance CEO) tweet causing panic in the market, Binance's investment, acquisition and divestment and much more. I have simplified the entire story for you guys. Enjoy : #ftx #crypto #scam #sbf #cryptobillionaire #bitcoin #techkinglalit #LalitKumawat ------------------------------------------------------ 🤑 Earn Real Money by Refer a Friend or Opening Account in: 👉Groww (₹100): 👉Upstox (₹50) : https://link.upstox.com/zCrg 👉Angel One (₹ 5000 Vouchers)(code : A811981): https://tinyurl.com/y77rjbfx 👉ICICI Direct (₹500): https://secure.icicidirect.com/accountopening?rfrlcode=8508637924&utm_medium=referral&utm_source=copy 👉WazirX (Get 50% Brokerage ): https://wazirx.com/invite/h6bvxppp ------------------------------------------------------ Gears that I use almost everyday: 🎤 My Mic: https://amzn.to/3ISPRQL 💻 My Laptop: https://amzn.to/3DDuHWh 🤳 My Phone: https://amzn.to/3xFKY9w 🎧 My Earbuds: https://amzn.to/3LucRXG 📷 My Camera: https://amzn.to/3xFKY9w 💡My Lights: https://amzn.to/3fctZ8o 🙋‍♀️ My Girlfriend: https://amzn.to/3BZoSBp ----------------------------------------------------- Social Links: 👉Instagram: https://www.instagram.com/mr_lalit47/ 👉Facebook: https://www.facebook.com/techkinglalit/videos/?ref=page_internal 👉LinkedIn: https://www.linkedin.com/in/lalit-kumawat-323700221 👉Twitter: https://twitter.com/lalitkumawat1m?s=09 👉Discord: https://discord.gg/QKWjNCqNJt Business Enquiry: Email: [email protected] ------------------------------------------------------ My Second channel: https://youtube.com/channel/UC0Y1WgJK08W2dGpa5RH_vJg Playlist: Stock Market: https://youtube.com/playlist?list=PLjUHhM1_Gsza50Yo5gS3GmtMAibyKpk5r Finance: https://youtube.com/playlist?list=PLThiJabB8Uo1DtF1gKBb7Dt3oSoBaEyNq ----------------------------| Thanks |---------------------------