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hey guys itamp;#39;s Richard youamp;#39;re watching the plain bagel I want to put out a quick unscripted and no frills video to talk about the whole FTX situation because you might have noticed that this past week itamp;#39;s not been very good for cryptocurrency investors weamp;#39;ve seen a lot of volatility in the space even with Bitcoin ether and tether a stable coin which briefly unpegged from the US dollar and it all seems to be tied to one institution which is FTX which if you arenamp;#39;t familiar is the worldamp;#39;s second largest crypto exchange that as of this morning filed for bankruptcy protection now this is a situation thatamp;#39;s still unfolding and one thatamp;#39;s already been covered by a few others including coffeezilla who I highly recommend you check out his video he does a really good job explaining how we got to this point but at risk of being redundant I do want to cover the basics as Iamp;#39;ve had a lot of viewers asking me about the FTX situa
