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whatamp;#39;s going on everyone welcome back to Sin City crypto my name is David Iamp;#39;m Joe with Robin and today we are giving you an update on FTX handbagment freed what has been going on now if youamp;#39;ve tuned out in the cryptocurrency markets over the last three weeks or so and you just decided to come by today and check out a video and you donamp;#39;t know whatamp;#39;s going on FDX Alameda research which was ran by Sam engman freed came out it was a complete fraud they were using customer money essentially as a to gamble FTX was given Alameda uh things like no liquidation so they were able to uh to trade on what people call god mode not ever having a fear being liquidated and they were doing all of this with customer money which clearly in their terms of service stated that they were not allowed to or were going to do and so what happened was uh people blew the whistle on sandbagman freed there was a bank run five billion dollars in deposits the Sunday before they de