Meet The REAL Secret Genius Behind FTX Collapse | Crypto Insider Exposed<a href="" target="_blank" rel="noopener">Source</a>

Uh yeah simply to uh to be clear uh I'm uh So I work for uh Alameda uh not FTX uh Uh bear uh yeah they're each based by Uh Sam McAfee uh however yeah fully Different uh the the Quite strong Chinese wall between the Two Meet The Real Genius on this FTX Collapse who walked away with multi Multi multi-millions who's nonetheless operating You see as we shared with you in Yesterday's video Sam bankman freed now Back extradited to the us out on bail Walking Among Us for 250 million and Unlike Caroline and in contrast to Gary Wang who Are now in custody cooperating admitting To we will look again on the who's Who within the FTX Inner Circle and we will See the one person who made essentially the most Money had essentially the most energy within the firm It was additionally in a position to stroll away clear this Man's nonetheless on the run I'm speaking about Sam Trabuco he's the previous co-ceo of Alameda analysis one of many agency's first First hires who oversaw the event Of even riskier buying and selling methods And he retired early in months Before the collapse And by the way trying again at a few of This outdated footage It's so apparent Sam Trabuco former Alameda CEO hiding simply have a look at How he glances away requested if SBF is Still concerned within the day-to-day Ops at Alameda his inform is that he seems to be up and

Away when he's mendacity can he rely the Lies and so we're definitely not like Tied to anybody place if it turns into Correct to maneuver to a unique place Than we are going to for the for now alameda's Uh like most of alameda's operations are Still based mostly in Hong Kong however we'll see What occurs going ahead okay and I Say that clearly as a result of your uh cocio Was Sam bankman freed he's moved his Operations from at FTX from Hong Kong to The Bahamas and and since he stepped Away from Alameda analysis you've gotten a New co-ceo uh Caroline Ellison Congratulations uh by the best way on Formalizing it however from what I Understand that Sam has not been a lot Evolved with Almeida since occurring to Um of FTX sub or is he's is he nonetheless Involved with Alameda Um he's actually not concerned in any respect in The day-to-day operations of Alameda Caroline and I've been uh main the Charge there for fairly a while uh and Yeah the the announcement a couple of months Ago uh was actually simply to formalize what Has been true for fairly a while Sam Trabuco resigned simply 9 months later On twenty fourth 2022 months earlier than the Collapse now let's reduce to September About one month earlier than the collapse Sam Trabuco mentioned this about why he left Citing his psychological well being when it comes to my Motivation uh I uh like Alameda is like

An excellent intense Place uh that I actually Really take pleasure in being at um and you realize The issues they're engaged on are Super attention-grabbing I actually love all of the People there Um however it's like intense sufficient that uh It was intense sufficient for lengthy sufficient For me uh that I primarily simply bought Like classically burnt out Um and you realize that occurred and like On some degree that occurred like years Ago uh and I've kind of been like Treading Water ever since uh phrases of uh You tending to uh you realize psychological Health or no matter however Uh yeah I simply felt just like the burnout and Like persevering with to be in in such an Intense surroundings wasn't actually Working for me anymore now Austin let's Just be right here whereas this I imply this Isn't damning he looks as if kind of a Lovable fool despite the fact that I'm positive he's Very sensible Sam Trabuco is just not the key Genius most likely was complicit however he's No Caroline he's no Gary Wang they're Both lawyered up in jail proper now Actually working with prosecutors they Have each posted bail however they've pled Guilty whereas Sam Trabuco knew when to Walk away in months earlier than the Collapse this occurred Former Alameda CEO Sam Trabuco spent Over 10 million {dollars} on luxurious Properties months earlier than the FTX

Collapse did he know what was taking place I say sure I say he knew the fishy Illegal Behavior was occurring and he Chose to get out in truth hear to 1 Of the reporters at ask Sam Trabuco a easy query If FTX Alameda or wiring USD to tether Through U.S banks such a primary query About how they do enterprise the nothing Proprietary about that only a easy Question Sam Trabuco is speechless and Remember we later came upon that FTX Alameda didn't actually have the money they Said that they had all this cash however they Didn't actually have something who're you Redeeming it from are you redeeming it From tether or bitfinex That's the tether group that's Who we're speaking to Are you utilizing U.S based mostly Banks resembling Citibank while you wire for to obtain The tether are you sending it by U.S banks or are you utilizing any something Other than Dell tech Uh just like the banks that we're utilizing are The banks that we're they're utilizing Either or I imply are you utilizing non-us Banks to or utilizing U.S banks to to Purchase tether Uh the Sorry I'm undecided I'm following your Question Are you utilizing Oh no

Lawrence has uh Frozen on oh wait You're again you say why your wire cash To tether proper to obtain tether You wired {dollars} that's proper that's That's right okay is is it are utilizing U.S banks resembling Citibank are utilizing Who are you what financial institution are you utilizing to Wire the cash to tether Is not going to reveal the financial institution that It's utilizing now for these questioning effectively Who is Gary Wang or who're a few of These different gamers within the FTX Inner Circle I do encourage you to look at this Video instantly proper right here the true Criminal within the FTX fraud Scandal Is as a result of Gary Wang was undoubtedly The Mastermind but he wasn't sensible sufficient to Get out in time Sam Trabuco on the opposite Hand did get out cashed out in a giant massive Way allegedly and right here's precisely what he Purchased as we all know Trabuco introduced An early retirement simply months earlier than November when the collapse occurred and Since then he seems to have vanished Entirely from social media but went on a Massive all-cash property purchasing spree So what did he buy the Purchase of his two properties Allegedly simply subsequent door to one another Was a whopping 8.7 million all money no Loans Trabuco closed on the deal in in order that was early that was the Start Trabuco who's a longtime buddy Of sambang and freed was additionally famous by

Financial Times to have bought a 52-foot yacht simply earlier than quitting he Chose to name it soak my deck and Apparently paid someone on Fiverr to Come up with a brand and sure someone on Fiverr is claiming and it appears to have Been substantiated that Sam Trabuco did Get his new brand design again within the day By operating 8 is 9 contest and that is The brand that gained first yacht soak my Deck this tremendous yacht the 52-footer is The identical size because the Ott that 3ac Attempted and finally failed to purchase And the yacht is a 2022 mannequin which Points to a purchase order value far north of One million {dollars} rattling if he has all This property just like the yacht it ought to Be simple to seek out him proper whereas the Yacht was registered with the US Coast Guard in November it might probably't be tracked It's unclear which nation it's Currently Harvard in or whether or not it's in International waters Sam Trabuco cashed out whereas Caroline While Gary Wang performed too lengthy and Found out the home at all times wins as of This morning Caroline Ellison Alameda CEO admits she colluded with SBF to Borrow limitless quantities from FTX Customer funds and in a direct quote From Ellison to the U.S District Judge She says we ready sure quarterly Balance sheet that hid the extent Of alameda's borrowing and the billions

Of {dollars} in loans that Alameda had Made to FDX Executives and to associated Parties so two units of books to have the To lie to have the ability to commit fraud simply Re-watched Sam Trabuco on up solely TV From a couple of yr in the past Dude is a whole Whack job man brags about FTX EV Enterprise Value talks about not being Levered says they'll't danger not Existing you'll be able to't make this crap up Kind of on the observe of like no matter is Plus CV let's take this identical state of affairs From earlier it goes beneath 30 000 and Let's say you all went I don't know what Your like the way you collateralize and Whatever let's say you bought to love a 1x Position you realize Alameda was totally lengthy If it goes decrease or it will get to some extent Where you're like there's no manner in hell This is it uh let's say like 4K March 2020 sort of state of affairs are you to Leverage the fund Beyond 1X or is it do Y'all attempt to like keep uh unlevered for Them like for essentially the most half Uh yeah we we'd by no means get to Anything near that uh for essentially the most Part Um that uh Uh yeah like uh like once I say that we Have uh like a capital base that like Lets us make errors and never need to Like be fearful of it going unsuitable uh Like I I imply that within the context of Like oh like we we aren't risking

Literally each greenback now we have uh it Would be type of a problem too anyway Uh But uh yeah we're not um yeah we we we We don't do issues like that Um and Yeah I imply a part of it's that like oh Like like sure reasonable danger limits do Have to exist sooner or later as a result of uh Like even when we're placing on a very High EV commerce within the quick time period uh like We can't ever danger not current anymore Because our EV sooner or later is simply so High uh that like ceasing to exist is Like very very dangerous uh both from simply Like any ignoring that like I type of like having a job This is an ongoing story ensure you Hit subscribe we drop a video each Single day maintaining you knowledgeable on like at all times see you Tomorrow Merry