Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now


Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now

After Binance backed out of the FTX deal, cryptocurrency prices went into a free fall. Here's what went down.

FTX COLLAPSE! What The Hell Happened?!

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#crypto #ftx #binance #ftxbinance

35: Ben McKenzie | Booked Up with Jen Taub

Jen’s guest today is Ben McKenzie, author of the new book EASY MONEY: CRYPTOCURRENCY, CASINO CAPITALISM, AND THE GOLDEN AGE OF FRAUD. In this incredibly fast-paced, relatable book, Ben, joined by journalist Jacob Silverman, takes us on a journey into the dark side of crypto. You don’t need any kind of expertise to follow along.

Plus, even if you’ve been around the bitcoin block before, you will appreciate the jaw-dropping encounters with the key players including FTX CEO Sam Bankman-Fried (before his indictment and extradition from the Bahamas), and Celsius CEO Alex Mashinsky (before his indictment) who admitted to Ben at South by Southwest in early 2022 scope of this scam. Mashinsky said that only “ten to fifteen percent” of the crypto system was real money. “Everthing else,” he said “is just bubble.”

Ben has been an outspoken critic of the cryptocurrency craze. Perhaps you saw him on C-Span in December of 2022, when he testified before the Senate Banking Committee for a hearing on the topic: The Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers.

During the hearing, Ben called FTX “the biggest Ponzi scheme in history” and told the senators that the 40 million Americans who have invested in crypto “have been lied to, in ways both big and small, by a once seemingly mighty crypto industry whose entire existence in fact depends on misinformation, hype and, yes, fraud.”

Not a C-Span cable network fan? You may also know Ben McKenzie from network television, the big screen, or more recently in his 2020 Broadway debut. He starred as Ryan Atwood on the teen drama “The O.C.” and as James Gordon in the hit series “Gotham.”

Contact Booked Up:

You can email Jen & the Booked Up team at: BOOKEDUP@POLITICON.COM (mailto:BOOKEDUP@POLITICON.COM) or by writing to:


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Crypto Crash: The Rise and Fall of Sam Bankman-Fried and FTX (In Real Life)

Full interviews with Sam Bankman-Fried referenced in this documentary are available on crypto reporter Tiffany Fong’s platforms:]

Discover the rise and fall of Sam Bankman-Fried, the founder of FTX, a cryptocurrency trading platform. Once hailed as a genius and industry titan, his success was overshadowed by reckless investments, suspicious accounting, and the mixing of customer funds. Facing criminal charges, his story raises concerns about how press coverage and marketing can mask bad business practices. #FTX #Cryptocrash #ScrippsNews #SamBankmanFried #InRealLife

“In Real Life” is a documentary series that dives deep into a different topic with a different reporter each week. Episodes premiere each Sunday at 9 pm ET on Scripps News.

Scripps News is your source for news and analysis covering the top stories from around the world. With persistent curiosity and no agenda, we strive to fuel meaningful conversations by highlighting multiple sides of every story. It’s news with the why.

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BTC CRASH Now in Progress- As Warned on July 17 -The Bitcoin CRASH Would Likely Start Within 2 Weeks

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This stock market crash update looks at the risks of a possible bear market. Examines things that could create volatility. The market is climbing a wall of worry, here are some issues, 1) geopolitical issues 2) the bond market, 3) Inflation and 4) the virus 5) Fed taper, 6) peak earnings, 7) the variant 8) peak earnings. This video looks at the Dow Jones Industrial Average (DJIA) , SP 500 SPX (SPY), Nasdaq 100 NDX (QQQ). Russell 2000 (IWM) inflation, inflation 10 year treasury, inflation bond market, inflation fed, inflation stock market, bond market stock market, TNX, TLT, yields, bond yields, nasdaq yields, stock market crash, stock market crash 2021,stock market bubble,sp500 crash, economic collapse, economic collapse 2021,qqq,spy,spy price prediction, qqq price prediction, Nasdaq 100,spx,dow jones,VIX,sp500 technical analysis, qqq technical analysis, dow theory sell signal ,sp500 news, qqq news, yields, inflation stock market, bear market ,stock market correction, technical analysis, investing for beginners, investing, trading, swing trading, stock market crash, economic collapse, economic depression, economic recession

Disclaimer:The content of all videos produced by this channel are for educational purposes only. All ideas, opinions and/or forecasts are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the stock market. Any investments made in light of these ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, videos are for educational purposes only and not a recommendation to buy or sell any stock, ETF or futures contract at any time. This channel and its publishers are not liable for any investment decisions made by its viewers or subscribers, all videos are for educational purposes only. The author of this video does express certain opinions in the contents of this video, but will not assume any responsibility for the actions of any viewer who acts on this educational information. The author of this video may or may not hold positions in the financial instruments discussed in this video.Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.

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Inspired by: dave ramsey, meet kevin, stock moe, financial education, millennial money, Graham Stephan, the economic ninja, Steven Van Metre, J Bravo, Andrei Jikh, thomas james – investing #spy #qqq #stockmarketcrash