FTX Collapse Explained in 4 Levels of Difficulty! Sam Bankman-Fried (SBF), FTX & Caroline Ellison

Now, even a 5-year-old can understand what happened.

CHAPTERS
00:00 Explain like I’m 5
00:26 Explain like I’m 10
01:13 Explain like I’m a crypto newbie
02:37 Explain like I’m a crypto pro

SOURCES
* Inspired by: https://nymag.com/intelligencer/article/sam-bankman-fried-ftx-bankruptcy-what-happened.html

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TOOLS OF THE TRADE
📖 The best book you’ll ever read about money, “The Psychology of Money: Timeless lessons on wealth, greed, and happiness” by Morgan Housel: https://geni.us/AY72H

₿ The best exchange to buy and sell crypto: https://accounts.binance.com/en/register?ref=AZVWBVD6

🔐 Keep your crypto on a Ledger cold wallet, so you own it instead of a crypto exchange owning it: https://geni.us/ZDU3

📈 The best tool to decide when to buy and sell crypto: https://cryptostackers.pro/?via=muzzlightyear

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WHO AM I
👨🏾‍🦱 I’m muzzlightyear, a cybersecurity professional living in Singapore who loves making videos about how to make money, how to work smart, and how to live a happy life.

PS: Some of the links in this description are affiliate links that help me make more videos 😜

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