FTX Scam Explained: From Crypto Giant to Criminal Conviction | Blackmoneyfiles
Автор: Black Money Files
Загружено: 2026-01-16
Просмотров: 1
Описание:
The collapse of FTX shocked the entire crypto industry and exposed one of the biggest trust failures in financial history.
Founded by Sam Bankman-Fried, FTX quickly became the world’s second-largest cryptocurrency exchange, backed by major investors and aggressively promoted by global celebrities, athletes, and influencers.
But behind the image of innovation and trust was a dangerous reality.
Customer funds were secretly misused.
Risky bets were hidden.
Financial controls were ignored.
In 2022, the FTX empire collapsed — wiping out over $8 billion and destroying the savings of millions of users worldwide.
This documentary explains:
How FTX built massive public trust through branding and celebrity endorsements
How customer funds were misused behind closed doors
How the crypto industry failed to detect the warning signs
How Sam Bankman-Fried went from crypto icon to convicted criminal sentenced to prison
And what this collapse teaches us about trust, power, and regulation in crypto
⚠️ IMPORTANT WARNING
This video is made strictly for education and awareness.
Cryptocurrency investments carry serious risks.
Blind trust, hype, and celebrity endorsements can be dangerous.
This story is not just about crypto —
it’s about how trust can collapse overnight.
If you watch crypto documentaries, financial crime stories, or scam investigations —
this video is essential.
👉 Share to spread awareness
👉 Subscribe for more deep-research, documentary-style scam exposés
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