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so this is the second video on SPF Sam bankman freed on the whole FTX Saga so if you didnamp;#39;t watch the first video Iamp;#39;m going to give you a very short summary so what happened is the second largest cryptocurrency exchange that was electrically holding 15 billion in assets they had a valuation of I think it was 32 billion dollars so a huge huge company just went bust really fast from the first rumors to bankruptcy in just a few weeks right and the cryptocurrency industry has seen so much pain this year and this is just another major punch in the face for the cryptocurrency holder so if you lost money I feel for you this is obviously horrible but it also shows that due diligence with all these bankruptcies all these frauds weamp;#39;ve had thereamp;#39;s still no due digits Sequoia tiger SoftBank they were investors in that exchange no due diligence itamp;#39;s crazy no due diligence so SPF Sam bankman freed he was the CEO of the exchange and also the majority owner of a