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its official YouTube content creators have started getting slapped with a class action lawsuit for being associated with promoting FTX now this is terrible anybody whos lost money in FTX I feel so terrible for but weve got to have a discussion because theres a lot that we can learn from this situation and I think there are a lot of implications that come out of all of this I think the first and most important thing to say is the most obvious criminal here is sandbankment freedom sandbankment freed and his associates are frauds and criminals they embezzled ing to Bloomberg in a story this morning up to a staggering 2.2 billion dollar Fortune by embezzling customer deposits and trying to gamble with that money only to lose a lot of it now hopefully a lot of money will eventually be seized and salvaged by regulators and hopefully depositors are made whole at least to some point we dont know what percentage thats going to be and a lot of those cards will have to fall before any other