FTX Hearings: All the Big Moments in 12 Minutes (Supercut)

Congress recently held two hearings investigating the FTX collapse. Watch the big moments in this recap.
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[@lazarus4936]

Absolutely disgusting how Kevin O'Leary blames Binance as to the reason for FTX failing without mentioning a single word about FTX stealing billions of dollars from customers

[@jbt8922]

I think Kevin is a crook.

[@Lingui-vi6du]

Cause he's an investor in it

[@superharryboy]

@@Lingui-vi6du Kevin's "investment" in FTX was that FTX paid him 15 million to be one of their spokesman.

[@victoriamellor2189]

People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now

[@zhangmin6729]

That's very correct sir!! And that is why most of them end up losing they m o ney to scammers.Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing

[@alanday6089]

Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke, Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.

[@alanday6089]

Asset that can make you rich Stock Bitcoin Real estate

[@jessicatrinh6247]

@@alanday6089 How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out

[@wanglei7182]

@@jessicatrinh6247 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss

[@henzoko5946]

Kevin was definitely in on it. The only person to defend Bankmen

[@dpirkl4560]

He knows who's behind ftx, he's more worried about them than sbf

[@Aaron-lp3zt]

Grow up he spent the first part of his response tearing SBF apart. He likes crypto but thinks SBF is an idiot.

[@TheRJRabbit23]

Kevin O’Leary needs an Oscar. What an acting performance.

[@KimoKimochii]

if you actually listen and try to understand the stuff he says, he consistently contradicts himself it doesn’t even make sense LOL

[@rumpelstiltskn5574]

...🤣😂🤣😂🤣😂

[@jamesbedwell4715]

@@KimoKimochii you had me in the first half hahaha

[@jimmason1072]

If he goes to prison maybe he will get "Oscar"....😉

[@bucknuts247sports3]

Mr DBag in action

[@tbprofile1295]

O'Leary is everywhere. He is a self-proclaimed expert in everything financial, and the media eats it up. Nothing more than a tough-talking entertainer. The epitome of acting the part.

[@BawkBawkBawk666]

I'm so happy he never got the win to run the conservative party

[@webstercat]

So correct. He defines the term bad actor.

[@georgeash4008]

Pay him 15 million dollars and he will act as your spokesman.

[@fwd105]

Agree but he's not wrong about a fre things such as CZs actions. Ultimately the downfall of a fraud that shouldn't have happened but hey ho if you play in an unregulated market it will come with risks.

[@MC14340]

@@georgeash4008 he actually does it for about 1.5k or 1.2k I don't remember

[@flexjones1983]

Was Kevin not paid 50m by the company, Kevin should not be using the term I lost money, Kevin should really be up there saying "I DID NOT RECEIVE MY PAYMENT FOR PROMOTING FTX IN FULL"

[@paulewannacrackr]

*15m

[@kevinwilson6270]

15mil*

[@greentoolsnyc3985]

A cool $15 milly

[@jacksparrow3490]

Kevin lost nothing. Ftx paid Kevin 15 mill for marketing. He then "invested" 9 million of that into the exchange. Kevin was in on the scam and is now trying to save himself. Greed is all these people know

[@vonniemichelle3670]

Yeah, this clown show just gets more like a circus with each passing day. They truly think we can't see them... trying to put on quite the show to cover up all their crimes. Anyone else getting popcorn? I have a feeling this will only intensify when we find out the real players behind all this.

[@stjepanhauser7595]

Year-over-year inflation stood at 6.5% in December 2022-the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

[@dacoup5955]

Scam, scam, scam.

[@superbpower1174]

SPDR Gold Trust, gold is the best hedge against inflation.

[@taiwandashcam2819]

"we want decentralised non government banking system" - investors "we want government to get our money back" - same investors

[@medaphysicsrepository2639]

Until you find out how much money FTX “gave” to politicians

[@gilgamesh6135]

Well said. Cannot believe this is being spoken about in congress

[@seanseamands]

Mr. Kevin sounds like SBFs spokesman. He's literally talking in place of SBF at this moment even defending and providing a coverstory for him while also just saying this is his opinion

[@Ignisami]

Well yeah. He got paid like 15 million to be FTX's spokesperson.

[@SOSchangedme]

Well said

[@beyondhomosapien]

Yeah for real. The old story of someone who over explains a bit too much to over complicate the matter and manipulate the opinions of others … this is a manipulation move where they expect the person to loose track of what they’re saying somewhere along the way… very common tactic for manipulation when the person thinks they’re smarter than others.

[@slick99rooster]

I think the investigation will show he is complicit in the fraud

[@batmanvsupermanyoutube925]

Wow oleary really minds cz. Oleary had no problem w anything he is accusing cz of when he was riding on the ftx gravy train. What venality and hypocrisy.

[@999f63]

I concur, he is shameless and despicable. Imo he is pointing finger at cz just to trivialize his involvement in all this smh

[@zlonewolf]

@batman v superman youtube Big difference here is both CZ and Oleary was trying to help FTX out. The problem is FTX itself is a ponzi scheme. FTX was heavily leveraged and was just trying to get bailed out by CZ. CZ invested 2.1 billion in FTX which was worth 18 billion at the time. Thats less than 15% of the company. You should be wondering where the rest of that money went. FTX is a scheme. And it failed and ripped off its customers. The rest of the FTX whales saw the signs and the rest is history.

[@batmanvsupermanyoutube925]

@@zlonewolf I think cz was exhausted from being unpopular per sbf and broke his own word to stay away from ftx to consider picking up ftx. Big mistake. He could have just stayed away as he described no dating post divorce.

[@alexmorris6222]

Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.

[@alexmorris6222]

Asset that can make you rich Stock Bitcoin Real estate

[@alanday6089]

How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out

[@onuohaifeanyi5012]

@@alanday6089 Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss

[@davidkemp6929]

@@alanday6089 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that fx and bitcoin is one of the profitable money exchange services that elevates investors and their financial status.

[@burjkhalifa1718]

@@davidkemp6929 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts

[@joemama7163]

Love the Freudian slip where Warren says "drug companies" in lieu of drug dealers!

[@Metalblowing]

Kevin guy is fascinating here. Give him an Oscar.

[@olliefoxx7165]

He was asked if SBF asked him to invest in another company would he and Kevin said yes. He's a huge pos.

[@jerryczech953]

give him 10 oscars

[@veritas3179]

Yes, lol. Academy award for the Kevin snake oil salesman. 🤣😂

[@tioswift3676]

Bruh the ONLY reason Kevin is even there is because he lost $9 million of his money in FTX. He’d be laughing and calling you a dvmbazz if he didn’t lose anything.

[@mnoquiao]

HAhahaha!

[@superjules]

9:04 "That's what drug companies do". Careful, Warren. Don't give the game away.

[@BobbyIsmaiel2424]

Woah I just noticed it.. I bet they do

[@highwaystar3780]

Leave her alone....she's an American Indian. A Victim !

[@MrKrisProdigy]

Pocahontas lol 😆

[@worldpeace6374]

I thought the same thing when I heard her say that. Freudian slip?

[@IzabellaRequiem]

@@MrKrisProdigy dude this is so wrong to say

[@Mageroth]

Kevin: " where did the Money go?" Me: Bro.. I've always asked myself the same question after doing my Taxes..! 😮‍💨

[@stephentaylortexas]

Politicians acting surprised about fraud and corruption is priceless!

[@Crimin4L]

You gotta love the audacity of Kevin O'Leary to blame Binance for FTX's failures, then push for regulations LOL 🤡💩🤡💩

[@bdinh3130]

Kevin O’Leary should just go into acting. “Let’s call them friendnemies”. I’m sure some assistant handling pr somewhere was sure that is the word to best frame the situation.

[@veritas3179]

🤣😅😂

[@scorch4299]

Binance did everything legal. FTX stole. Pretty clear Kevins loyalty lies with Sam still.

[@JP-xq7fo]

Out of all these politicians questioning, whom amongst them took campaign donations from SBF?

[@NicholasDunbar]

Very surprised to see Commissioner Gordon educating Congress on crypto.

[@lance_jasperson]

i was just thinking isnt that guy an actor but couldnt remember where from hahaha

[@wesleyjma]

but damn was it delivered with drama lol

[@loris3595]

Make the politicians give the money back that they got from FTX.

[@SolarJakee]

They were literally paid with money stolen from their constituents lmao

[@brianperticari]

This is the beginning of the end for Mr. Wonderful

[@Random_dud31]

@@KennyRogersRoasters84 wait what? What are you talking about?

[@calebclark5615]

The boating accident that killed two people and she was acquitted of all charges. It happened in 2019

[@shanewilson8728]

This country needs more people like Kevin O'Leary.

[@jameshowell4854]

@@shanewilson8728 yah!! is that not the sad & pathetic of it all! Mr. O'GREEDY says he lost bit it was money that was given to him to promote sbf & ftx. To my recollection of CNBC & now in from of the panel do not recall saying he lost out of his own pocket? Just the money he was given & the money of his investors that he is investing for them.

[@ocvegasproperty]

“Quick books?!” Lol. Surprised they used anything at all and she acts shocked like she knows the difference between quickbooks and SAP.

[@theatmaweapon]

This is like a giant advertisement for their crypto regulation laws they've had planned for a while. Great performances all around.

[@Avaricumstudios]

Regulations didn't precede banks, they came after the banks and Regulations are there for a reason.....

[@braddater5834]

They can regulate it but stay away from KYC wallets. That's ridiculous. We don't have KYC vaults for Gold.

[@damienhall9626]

Facts

[@marcind4644]

Because crypto morons proved that they can't live without regulators. They made scammers like SBF and FTX the second biggest exchange within a year, bought a ton of shitcoins without any utility, and ultimately nuked the market. If average crypto investor wouldn't be so greedy and impatient, and limit themselves to dozen of trustworthy proven project, there wouldn't be FTX.

[@Justinlearns]

Freedom was cool while it lasted. 1776-1777

[@justabrake]

Kevin O”Leary is afraid he might be implicated because he was a spokesperson for FTX

[@thatisabsolutelykooooge2211]

How is he culpable though? He didn’t have any control over the accounts and relied on representations made by SBF. Plus, he lost money as well, even though he made more in fees than he lost. I don’t get how he can get in trouble. Please explain 👍🏿

[@s1bulka]

No way. He just has a huge ego and is trying to save face after getting absolutely clowned by the public.

[@davidsantoso2291]

@@thatisabsolutelykooooge2211 by doing no diligence promoting an illegal scam while getting paid to do so. There's a reason why people always say "not a financial advice". Kevin promotes FTX as the safest exchange in the world while getting paid to lie. Definitely a reason to put him behind the bars but anything crypto-related is still a hard case to deal with because of the little regulations.

[@justabrake]

@@FireFishMike He promoted FTX so did the athletes and celebrities

[@thatisabsolutelykooooge2211]

under which law can someone go to jail for being a paid spokesperson and promoting a product all the while not having any power to steal money, let alone stealing the money itself?

[@Trevspowers]

“Quickbooks?!” (0:42) LMFAO

[@Theminnieminx8]

Mr Ray is spot on - embezzlement!

[@nft_mac4592]

Lol Kevin’s breathing & nervousness speaks volumes

[@markmack2746]

Wonder why they don't ask who SBF bribed

[@zlonewolf]

SFB bribed all the dump crypto investors. Duh. You folks are dump and deserve to be wiped clean. SFB is playing the dump card and laugh all the way to the bank. Hahaha.

[@kevinwilson6270]

The left

[@aa-ig3ng]

he bailed out failing DNC analytic firms and donated something like 1 billion dollars to democrats.....oh yeah he also commissioned the study that said Ivermectin was horse paste and you should really really really really trust the vaccine makers.

[@markmack2746]

@@kevinwilson6270 think he was bribing all of them. There's really no difference between the two parties. They all love war

[@Mexican_Marauder]

Why do I feel like this is a smoke show designed to protect and not find out what happened?

[@Kaodusanya]

Because they never actually talked about sbf and kept throwing the word crypto around when this is straight up fraud

[@thelittletexan135]

Kind of reminds you of the biden administration doesn't it!

[@bennoble2049]

So the old guy from Shark Tank and the guy for the hit 2000s show the OC are handing out financial advice. 👌

[@invader8867]

It is worth knowing whether these so called CEOs know and understand what they are creating or could it be that they themselves are ignorant until the bubble bursts .

[@strengthaxlesystem]

MIT really looking good lately!

[@reinforcedpenisstem]

If a bank did this, the tax payers would fund the missing money.

[@ewtwetrwerwteet]

The tax payers may fund this too. Money is fake at this point, crypto, fiat, it's all one big scam and labour / effort is worthless.

[@bobSeigar]

If?

[@reinforcedpenisstem]

@@bobSeigar Yes, because I don't think FTX was a bank.

[@bobSeigar]

@@reinforcedpenisstem You missed the point. USD is a Ponzi Scheme. There is not enough liquid currency in reserve. The possibility of collapse is everlooming. Also. >If a bank did this >If? You absolutely missed the mark. The banks ARE doing this, and have been since the 70s.

[@logic7374]

The reason why we did that once was because the entire economy depended on those 4 banks going on, had they failed, the losses would have been in the trillions instead of $708B.

[@RickK1988]

Citadel Securites/Ken Griffin and all market makers in the stock market do this exact thing. Let's talk about that too.

[@Multisportamateur]

Mrs Wagner’s reaction is sorta like…QUICKBOOKS??? WHAT’S THAT?

[@BobbyIsmaiel2424]

Still waiting for O’Leary to say “….that’s why they call me Mr. wonderful

[@ZedAlfa.]

At 1:42 “This is really old fashioned embezzlement. This is just taking money from customers & using it for your own purpose, not sophisticated at all ... “

[@Maarten_from_Belgium]

That O’Leary character is one smooth talker and when a man is too smooth to be true he usually is 🤔

[@seanmcdonald3286]

Kevin knew it was a scam. He said on live TV that these "assets" have no value, but he showed just how greedy he really is. Thought he could get in at the top of a ponzi and learnt a humbling lesson and has now lost any shred of credibility he may have had.

[@mclanaford2957]

Let’s be Frank Sam Bankman Fried was not alone in this. …. Put all those involved ,yes there are many ,in jail.

[@Zen-rd9np]

Hats off to you for the pun

[@Nocare89]

Sadly, he's just the fall guy.

[@wayne8797]

I think all his previous buddies are now working with the feds to stick it to him.

[@frankbattlejr981]

It’s despicable that Sherrod Brown says this is the result of a one off fraudster and not something more widespread. How is he able to make that claim?

[@kenwilson2314]

How many of these people took money from FTX?

[@tyler7248]

Sam lost the money on adderall and a penthouse. Sam is being protected by the media for some reason. Why is this even a discussion. Dude took peoples money, spent it, and gave out FTX IOU's.

[@MrCarasiniu]

ties to dnc is just enough a reason, innit?

[@AndrewWilson1991]

@@MrCarasiniu same with ties to that one country we're supposed to 'stand with'

[@Fvcky0uverymuch]

Because he was a brain washed DeVoe pawn

[@Fvcky0uverymuch]

But who was brain washing them

[@SethTheOrigin]

@@AndrewWilson1991 and what country isn’t that

[@hyped5958]

9:00 she hit that nail right on the head

[@apporima]

I would have never thought to see James Gordon taking on this type of case.

[@markgatz6127]

Full disclosure how many members this of this committee received campaign donations from FTX during the midterms? Just asking.

[@donaldgeorge2014]

I love when legislators act "suprised" when this stuff happens.

[@MrCTruck]

They have to so it doesn’t look like they knew, or got rich from it.

[@happyjohn1656]

Pure entrainent

[@flyfishac]

I love it how the loot went to these same government officials who are now acting like our saviors.

[@talkeetnatattoos]

100% theatre

[@MrVenona]

I think you are overestimating how smart these legislators are.

[@christazman8420]

Resident native american Ms. Warren's Freudian slip at 9:03 is priceless :D

[@richardraymond878]

Drug companies. Truth at last

[@Indicamaster]

Drug dealers !

[@cantmakeaname11]

I was looking for this comment

[@perrytalor842]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[@tonyrichards1476]

I'm 48years old living in California, I'm hoping to retire at 50 if things keep going well for me. Bought my first house last month and I can't be more proud that am i now. I'm glad I made great decision about my finances that changed me forever but now I can't seem to make any other smart investment.

[@leahzoe3667]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[@danielharris7269]

Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.

[@dorothysharon8351]

I'm a living testimony of expert Naomi, she has been trading for me for months now

[@hesleybrown4958]

@Camila Aria yeah she does , and in my opinion, it's a huge one and chance for you to change your life with trading.. I just bought my dream Mercedes from last week's profit. All thanks to her expertise.

[@kb8570]

Kevin should be sued for millions.

[@steven7936]

He's a spokes person for the company and even he lost money, so it pretty much proves that he wasn't in on what was going on.

[@calebclark5615]

He LOST MONEY THAT WAS GIVEN TO HIM TO SAY SAM BANKMAN WAS BUFF AND SEXY. This is a clown show and if nothing happens you will all know what is coming next

[@calebclark5615]

@@steven7936are you an npc?

[@patson420]

he is

[@kerrybaral9241]

Kevin now throwing CZ under the bus and blaming CZ when Sam fried and him are the issue here

[@carlosquinto1383]

The statement that SBF was going to give before he got arrested was all about blaming the new CEO Ray for everything. It got published by the WSJ I believe. It's hilarious.

[@Brotoshi]

Warren “that’s what drug companies do” 😂

[@stcattc]

Scrolled way too long to find this!

[@ehlava]

this was excellent, thank you.

[@ryananation]

It’s not a big moment until Gary Gensler faces his questions

[@AncientSlugThrower]

That will never happen.

[@glock19aog21]

AMC TO THE MFN MOON

[@ryananation]

@@AncientSlugThrower if a few million people on these chats talking about it might help!

[@CryptoPump610]

In life you learn some people are actually untouchable, sadly he's one of them.

[@jrocc_kmh]

Gary needs to answer to amc asap

[@AB-1023]

Strange that the guy who did all the stuff isn’t here to answer questions

[@davemccombs]

No, it isn't. Because that's not what this hearing is. You see something on TV, instead of learning about it or learning from it, you just decide "THIS ISN'T WHAT I WANTED TO SEE, HOW ODD" Come on. Be better.

[@HondaTrumpAi]

Just AOC and pocahontas

[@lancetruong4957]

Because the DOJ doesn't want him to testify in front of Congress; the truth will come out implicating some of Democrat politicians took millions from SBF.

[@lancetruong4957]

I wouldn't be surprise if Biden's rep receive millions from SBF.

[@kennethbyington516]

@FreeSpeech orDIE!!! exactly. And the reps were shocked that they arrested him knowing in 2 day's he was supposed to come in and testify face to face. They wanted answer's str8 from his mouth, no s spokesperson.

[@twinturbo3461]

Hard to believe that the FTX token (FTT) was once worth $84 and is now almost at just a buck.

[@russcoleman2338]

These politicians are really good at shutting the barn door after the horse has bolted.

[@mikehall6912]

Just criminals questioning criminals

[@markymarkvancity]

CZ put it out there because he is transparent AF and realized FTX's FTT token was absolutely worthless after finding out FTX was lobbying against other firms like Binance behind their backs. Why would he keep that to himself, to let others be left holding the bag so Kevin doesn't have to? O' Leary is a joke.

[@stunnerdoc]

What is Binance coin worth ?

[@ok-kk3ic]

Interesting

[@martinlutherkingjr.5582]

Binance is hiding something, not sure what that is.

[@alpha2957]

@@martinlutherkingjr.5582 You're so Funny. You're sounded like AOC. 👍

[@stunnerdoc]

@@martinlutherkingjr.5582 absolutely! You don’t need to defend yourself unless you have something to hide

[@DJcyberslash]

Mr. Ray told AOC "Yes sir" 🤣

[@jedpittman6739]

good work!

[@metroboom2831]

You can't blame CZ or Binance for wanting to sell their FTX shares. FTX coins are supposed to have the money that each share.

[@famvip6]

Amazingly, Kevin O'Leary was able to bring up Binance when he said he asked SBF where all the money went he was able to get info about Binance. Really! in every interview SBF has done he says he does not remember or he doesn't have the data all of a sudden he remembers this one detail and now there trying to push the blame off SBF and pin it on Binance how stupid do they think we are....

[@clarizahhh]

Kevin likes to hear himself talk

[@roberttorres9360]

They let Madoff, slip threw there fingers when somebody alerted the SEC they just ignored it. The SEC is guilty ..

[@lord_bozo]

I was waiting for Kevin to say "Senior, I'm out" 😂

[@simplicityseekeronroad]

But aren’t you invoicing as well ? What software are you using ?

[@evilgenius3646]

"that's what drug company... er uh.. dealers do" little Freudian slip there

[@franklee7150]

He didn’t lose anything. He just didn’t get paid his full 15mil. endorsement fee for FTX. What a Sham!

[@tomlydon3123]

O'Leary should have his passport confiscated.

[@richhoyle1254]

Every time AOC opens her mouth 😭😂

[@crescentprincekronos2518]

Not having an independent board under normal circumstances is not a big deal, (it keeps out malignant actors) but given this fact, how did this many "sophisticated" investors get fooled? I know how regular people got fooled, but this is pretty interesting 🤔

[@quakerninja]

Was anyone else expecting the clip to end with "Live from New York it's Saturday Night"

[@bynchillyn]

Redo it. Just by adding Chevy Chase doing the SNL intro. Although somewhere in the middle you should throw in Chevy explaining the problem with the plexar valve from that one movie who's title I don't recall.

[@BrigCommander]

AOC acts super intense for absolutely no reason, and what's up with her hand shaking so much? Weird

[@rob2508]

Because she’s in to it also, and don’t want to pay back…

[@texasmane]

She asked good questions, what are you talking about

[@rob2508]

@@texasmane aoc asking good questions? That would be the first time…

[@texasmane]

@@rob2508 okay? Not sure why your attacking AOC in this situation, seems like one of the congressman that’s trying to understand and scrutinize what happen, compared to other senators that grandstanded, absolutely nothing or asked dumb questions

[@rob2508]

@@texasmane that’s just the problem she doesn’t have enough brains to understand…cappice?

[@veemack9129]

Suspects questioning each other! What a circus!

[@andresLK]

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[@AcaradaRiquezaHUB]

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[@Windarti30]

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[@AnnaFed015]

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[@andresLK]

You can communicate with her on telegam with the user name below..

[@andresLK]

ProAmandaHT1....

[@markgatz6127]

Like we all watched as the Canadian government cut off its citizens access to their bank accounts during the truckers strike, if the USA currency goes digital the same thing will happen here.

[@chrismullin8304]

I agree. The younger generation welcomes the ease of no cash. We will all pay the price.

[@olliefoxx7165]

Yep. SBF was lobbying to regulate....his competitors. The govt controlling crypto kills its purpose. O'Leery is a POS

[@MrCarasiniu]

I can definitely tell you you must not consent to any of the shenanigans that they propose regarding cbdcs. if they propose it dont touch it. not one bit. we would still like to use physical cash and crypto as internet money but they all should be backed by real things ...commodities, minerals, etc.

[@MrCarasiniu]

@@chrismullin8304 depends. how much younger? :)) how many spring seasons?

[@kamrynsikes]

I think most of these congressmen are upset because they can’t get laundered money from if anymore

[@calebclark5615]

Most definitely

[@patson420]

at least the arguments are bs. Guess what, rockets gets paid in hard cash USD not btc. Not yet 🕳🤷🏽‍♂️😂

[@rayleeaustralia]

I agree. Drug companies also do money laundering

[@fearedbeard7710]

My God... they even got Jim Gordon? He should have Batman pay SBF a visit.

[@joekerr3638]

Who do you think brought back SBF from the Bahamas?

[@JM-ng6vh]

cool hearings i'd be nice if they had hearings about the people connected to Epstein.

[@beyondhomosapien]

Yes the fact that this hasn’t happened speaks to the compliance that is likely happening.

[@hgbugalou]

I'm of the opinion the other shoe hasn't dropped on this yet and the FBI is all in it. It's just very quiet because of those being looked at. It will be years before anything happens though.

[@Ryan-gz9xg]

Haha wait was that Jim Gordon at the end??

[@chrisoxford8384]

I didn't graduate high school, Have GED, and I saw this coming, Lol.

[@lorihamlin3604]

This isn’t about education level. Seems to me it’s a matter of common sense. I taught GED classes and I found that my students had very good common sense skills having relied on their common sense to survive. I never understood crypto and my common sense told me not to invest in something that sounded too good to be trusted. Higher education is no indicator of intelligence; knowledge yes but not degree of smarts.

[@LicoInvestments]

"obviously... something we've been working on for a period of time..." Obviously?! What? More than half of the reps were CLUELESS.

[@lloyde4077]

Give Mr wonderful an Oscar 😅😅😅😅😅

[@philgilmore2304]

Look at Kevin he is blinking so fast, a pure sign of a masterful LIAR.....I tried to warn him but ignored all warnings....

[@BaronEurchild]

I like when Elizabeth Warren said drug companies

[@hillbilly4895]

This is probably worth watching 10 times. O'Leary likes a regulated crypto too much me thinks...my first instinct is that the taxpayers will be on the hook at some point.

[@diane6996]

Whatever regulation that would put in place is mainly going to hit the little retailers the most. Because 90 percent of the times frauds get away with it.

[@MrShahramk61]

😂 It is so funny all transactions are recorded on the blockchain. So any large transactions can be tracked. So using gold and dollar is much easier to hide transactions

[@gnack420]

The ledger only contains wallet addresses and transaction amounts, it doesn't contain identifying information.

[@bubstacrini8851]

Ah, Gold Mr Shahram, is beautiful!

[@MrShahramk61]

@@gnack420 of course it doesn't but you know what transactions have been made.

[@dominikkurina1214]

wtf is that actor in the end of the video doing in front of congress talking about crypto ?

[@toofargone10]

Hearing politicians talk about setting laws on a technology they clearly have no or little understanding of is worrying, they need to grasp what is at hand before they can even talk on regulation.

[@cmichael2967]

So what I understand is that like in a boxing match, two competitors CZ and SBF entered the ring and touched gloves. Now O'Leary is claiming that the move established relationship as such CZ shouldn't have punched hard to defeat the opponent when he had clear shot.

[@pamclemens5628]

Great recap

[@chrishale8343]

Kevin oleary is screwed now

[@rozilla66]

Kevin O'Leary is mad that CZ took a position and knew SBF had to pay. Dude is blowing SBF to completion

[@captainchokdee1039]

I’m surprised they have Kevin here. And it sounds to me like Kevin is not taking responsibility for his very own greed & incompetence & gullibility.

[@HondaTrumpAi]

8:20 DEMOCRATS WERE PAID, AND NOW THEY ASK THE QUESTIONS HERE TOO

[@mspprofits725]

The regulators were not the ones that called out FTX as fraud. The crypto community called out FTX. Why do people trust regulators / SEC so much?

[@gnack420]

The regulators didn't call it out as a fraud because they're not responsible for regulating crypto. That's exactly what this whole conversation is about how did you miss that?

[@jjackomin]

Why do you trust the crypto community so much?

[@aaronanderson6362]

Love that Freudian slip from Warren about the drug companies….

[@aaronanderson6362]

Those hard P’s from O’Leary are blowing out my car speakers…..

[@user-ex1vd9td7k]

9:05 Drug Companies.. you had it right

[@HondaTrumpAi]

Yeah exactly lmao