The Downfall of FTX

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

[@abhranilroonited]

Time to replug the Tanmay interview with SBF here 🤣

[@Abhi-vl9qn]

*Paid Promotion

[@Iam1nsane]

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

[@singhanirudhbp]

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

[@Iam1nsane]

@@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]

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

[@Susmeetjain]

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.

[@bhagyeshkotian1747]

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

[@pranavaab]

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

[@Picker22]

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

[@uttkarshmishra7735]

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

[@bkcy18]

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

[@s4meerbankupalli164]

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]

He did a podcast with SBF too

[@surajmenon5334]

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

[@scottstefan1]

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

[@truelearner1674]

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

[@R4ghavendra]

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

[@LakshmiNarasimhanTech]

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

[@niharc]

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

[@sunnysb123]

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]

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]

Adani.

[@yaswanthnutakki3128]

On point. Thank you

[@prakarsh3710]

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

[@pulastyabhatia]

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

[@Rishidiwan1]

Respect for RBI increases many fold

[@MrAnkkii]

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

[@akshaysinghrai]

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]

you shouldn't believe influencers in general

[@manishaagrawal9635]

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

[@ibrahimsiddiqui3132]

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

[@tejavenkat8012]

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

[@giridhar3nr]

Superb episode! Thanks a lot

[@Harshit-cv4ie]

great presentation kash!!

[@nth.education]

Awesome presentation man! Loved it

[@ROYALCELLakash]

Man, tha was an amazing explaination! Kash OP

[@scottstefan1]

Great Vid! Thanks guys

[@TarunKumar-ed4ke]

Thanks for the awesome explanation, Kash!!

[@khalshubh]

Nice coverage 👌🏼 Good details 👍🏽

[@graphdez15]

very well explained.

[@avinash_ingle]

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

[@surajn9365]

Kash is a Gigachad too for explaining it so beautifully!

[@Nshank]

Tanmay i think also had a interview with SBF. 😀

[@jiratisiddharth]

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]

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

[@anumehta6884]

Awesome presentation Kash!!

[@matrixozone1465]

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

[@BookReviewTalk]

wonderful explanation by kash.....

[@LakshmiNarasimhanTech]

Thanks!

[@rorschachs1889]

Was waiting finally delivered

[@baggy248]

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

[@rupeshchoudhary9237]

Mash is very knowledgeable. Loved it.

[@sanketatmaram]

Fab Presentations & explainations

[@vaibhavjaiswal5517]

For real man great presentation 🛐

[@sky301289]

Great explaination.

[@bhaskartiwari7902]

Awesome Explanation

[@everythingfromeverywhere152]

Kash explained it quite good.

[@mayurpandya2237]

greattttt workkkk Kasssshhhh!!!!

[@venomhighs1937]

gazab knowledge tanmay bhai !!

[@viditjadhav3733]

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.

[@amritanshujha6020]

This saga definitely deserves a meme review episode..

[@dfnt1301]

awesome coverage

[@firstman9832]

Nyc explanation...

[@akashnayak1747]

Amazing Presentation

[@sambhavgupta1677]

Do the meme review.....Kash such a good explaination :) Hats off to this man!!

[@randumrastogi]

Thank you 🙏

[@kamranwasifify]

Kash OP! What a presentation mate! Making understand the complex nature of crypto. MEME REVIEW plzz!

[@ChintanCG]

Awesome breakdown.. Do meme review with kash pls

[@sanskarkhandelwal]

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

[@xnhp3]

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

[@aditya_samudra]

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]

Well, SBF was the poster boy for regulation

[@yashsolanki069]

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

[@gauravpoudel7288]

Wow this is insightful

[@bloodbathy]

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

[@shripadbhat7548]

Perfectly explained! Loved storytelling

[@MegaMaynk]

Thank you

[@shreyaskshatriya]

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

[@maazinkoroth3243]

Kash nailed it!

[@barjunk2341]

Do the meme review. Kash OP. Keep em coming!

[@sachin_dsgns]

What an amazing Explanation as always by kash of this whole shitshow.!!! 30 min felt like 10. ...nd ya can't wait for the meme review tanmay coz there are some really good ones.😄

[@lone_warrior3672]

Do a meme review. Kash - OP presentation 🔥🔥

[@anaybarje]

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]

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

[@anaybarje]

@@kamranwasifify Oh right. Thanks!

[@yashhsm]

Kash Storytelling 💯💙

[@sanskarkhandelwal]

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

[@nawani99]

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. ..

[@nis99]

Kash op....too good

[@creativelycrazyakash]

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

[@akshatshah4238]

Top presentation

[@TheKrishanughosh85]

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!

[@gagans7180]

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.

[@Morrisgonsal]

well explained in simple term for average person.

[@rishikesh4]

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

[@jinay26395]

What exactly is the point of crypto decentralization and if stuff like this will continue happening despite the decentralized network? There is no way in the world you can trust Binance either. Coinbase is public so audited financials are available and they have assets backed 1:1 as evidenced by financial statements. I think Crypto industry will need strict regulation such that mom and pop investors do not get chewed on again.

[@chola377]

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

[@jayanishanthkella3245]

Hey tanmay can you guys share the link of this beautiful presentation...

[@howardrobinson4938]

In retrospect...now wait...here it comes ...some truly brilliant analyses...uh oh...uh oh...ah...ah...here it comes....

[@swapnilzinjurde]

Kash op🔥🔥🔥

[@PRASHANTSHARMA-ru6ns]

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

[@saarangsahasrabudhe8634]

Kash is King! (of finance storytelling)

[@Anders01]

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

[@Selectvideos101]

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

[@rahulpahwa9962]

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

[@mritunjaykumar6488]

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

[@matrixozone1465]

26:20 bock fi which is a very big thing in the crypto space it also got fucked up I didn't know that. Ohhhh man

[@773HOWNER]

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

[@rohitvaidya9530]

Definitely do the meme review please, Tanmay!

[@sunil_reddy]

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

[@sunil_reddy]

@@kashdhanda ohh👍

[@anantjain9679]

Perfect perfect and last perfect🔥

[@mayanknagwanshi]

kash op, great story telling man, really enjoyed it