Hong Kong financial authorities have finalized the rules for crypto businesses and investors in Hong Kong. Their ambitious plans are very likely to bring in many new users and liquidity to the market. However, there are some issues for existing crypto users in Hong Kong that have not yet been addressed. Here’s what you have to know.
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I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
BlockFi has officially filed for chapter 11 bankruptcy in the United States, but just how bad is BlockFis bankruptcy? Was BlockFi a ponzi scheme scam, or did Zac Prince and Flori Marquez get scammed by FTX and Sam Bankman-Fried? Lets dig deeper, also sub! https://voskco.in/sub
Apparently, BlockFi had no problems operating just days before they halted withdrawals, and almost a month later it has now been revealed that they need to file Chapter 11 bankruptcy. This shocking news has left many of us wondering what’s next – but the BlockFi bankruptcy publicly available documentation may help make the picture a little clearer. Let’s take a look at just how exposed BlockFi was to the FTX contagion, what their current situation looks like, and where things could be headed after this.
To be very clear, BlockFi has about a quarter billion dollars of cash on hand, unrelated to BlockFi client deposits, but here’s the issue… they are missing much more money than that which is why they cannot just use those funds to make the blockfi users whole… There’s a lot to decipher, a lot of FUD, and a bit of hope in the BlockFi bankruptcy but no, it’s not good news overall, at all, especially for those severely impacted like myself…
⏰ Timestamps ⏰
00:00 More terrible news for crypto… BlockFi bankruptcy
00:57 BlockFi bankruptcy filing key takeaways
03:12 SEC fined BlockFi $100 million!
06:00 Who are Ankura Trust? $700 million owed?!
08:58 Order of funds to be paid out
10:08 BlockFi vs SBF & FTX
12:10 BlockFi Wallet coins to be returned?
12:49 Crypto bankruptcies in 2022
14:00 Mt. Gox bankruptcy has taken 10 years!
15:00 Is BlockFi doomed?
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
CryptoCom shares many similarities to FTX, but do they have the same risk of insolvency? Kris Marzalek the leader of Crypto.com much like SBF was the leader of FTX, states they’re fine, just like Sam Bankman-Fried did… Let’s review if Crypto.com is safe in 2023 from FTX contagion. Subscribe – https://voskco.in/sub
FTX and the contagion surrounding their explosive collapse has left everyone in the crypto space wary of centralized exchanges and crypto lending programs. Many have fallen victim to the contagion, including BlockFi, Genesis, and Gemini Earn among others. The question everybody has though – is CryptoCom the next to fall? How have they managed to stay above all of the imploding collapses? Let’s take a look at where they have come from, what their leadership is like, and whether or not they can be trusted in this time of crisis.
⏰ Timestamps ⏰
00:00 Is CryptoCom the next exchange to fall?
00:48 VoskCoin history with CryptoCom
01:51 What is CryptoCom?
03:06 CryptoCom CEOs shady past
06:27 CryptoCom coin – MCO, CRO, Cronos
07:59 CryptoCom Visa card issues
09:26 Why CZ doesn’t trust CryptoCom
11:18 Over $1B lost on Cronos blockchain?
12:44 Will CryptoCom survive this crash?
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
The current FTX, Solana and Alameda Research situation has been an incredibly painful and eye-opening set of events. From pausing withdrawals to potentially being acquired by Binance, the future of FTX and its founder Sam Bankman Fried remain unknown. Sub – http://voskco.in/Sub
It seems that no power is too big to fall, as many believed FTX to be near invincible. With them providing credit for BlockFi, and seeking to acquire assets from previously bankrupt projects, FTX appeared to be the savior for many. However, as it has turned out, there were more than a few bad actors behind the scenes, and many bad decisions were made in the running of the exchange. With a significant liquidity crisis at hand, a failing $FTT token, and investors completely pulling out of their business, the FTX International exchange stands to be the biggest fall in recent crypto history. Let’s take a deeper look at this developing story.
⏰ Timestamps ⏰
00:00 The Solana and FTX debacle
01:27 STEPN to launching a running shoe?
02:26 Gas-less NFTs on Kraken?
03:27 A great, new DeFi tool!
05:40 Binance to buy FTX? Maybe not…
08:47 Justin Sun to help TRX hodlers on FTX?
09:21 State of FTX US and other exchanges?
11:14 FTX & Alameda bailout!
11:49 Solana is unlocking 29M $SOL!
12:20 Stay safe & don’t give up!
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VoskCoin was sponsored by FTX US but without proof of reserves we recommend against using any FTX product – https://voskco.in/65f720
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
With FTX now filing for bankruptcy with all of its subsidiaries, this week in crypto has taught us a lot. SBF and the FTX mafia have caused immeasurable damage to the crypto ecosystem, FTX US, BlockFi, among hundreds of others are likely insolvent now… Sub – http://voskco.in/Sub
The FTX collapse has affected every aspect of the crypto ecosystem, in what many are dubbing its “contagion.” This painful end has opened the doors to many theories, conspiracies and backdoor tales of mismanagement, deception and outright fraud. Let’s explore some of these theories, check the facts, and find out exactly how we reached this point.
⏰ Timestamps ⏰
00:00 FTX: the biggest scam ever
00:23 Some crypto exchanges are insolvent?
01:17 Binance exited FTX equity
02:19 Justin Sun to help FTX?
02:52 The collapse of FTX
06:25 FTX bankruptcy and hack
07:53 BlockFi pauses withdrawals
09:14 The live collapse of Solana and FTX ecosystem
14:32 Factors and signs leading to the collapse of FTX
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
BlockFi Paused Withdrawals…Here’s What Happened and What’s Next – BlockFi was one of the most popular lending services, allowing cryptocurrency users to earn interest on their coins, until they froze their accounts after the FTX Ponzi scheme imploded… what now? Sub – http://voskco.in/Sub
As FTX filed for bankruptcy along with all of its subsidiaries, the contagion of SBF and the FTX funds continues to spread. BlockFi, who were recently bailed out by FTX US with a credit line of $400m, appears to have been significantly affected by the collapse. With so much at stake, is a recovery plan in place for BlockFi, will Flori Marquez and Zac Prince be able to secure an 11th hour bailout or buyout? What is the future for this crypto lending platform, the latest BlockFi News. Here is everything I’ve been able to uncover on BlockFi and whether they seem to be a scam, if BlockFi is insolvent, or if BlockFi will be able to survive their paused withdrawals and at a minimum restore customers funds.
⏰ Timestamps ⏰
0:00 BlockFi was Affected by FTX Collapse
1:54 Flori BlockFi Co-Founder Says Everything is Fine?
2:20 Withdrawals Paused at BlockFi
4:05 BlockFi November 14 Update Breakdown
9:15 Will CZ save us with the industry recovery fund? Or is he the next SBF?
10:37 FTX Files for Bankruptcy after $10B Lost
11:10 No BlockFi in NY
11:28 Does BlockFi have insurance?
12:12 Gemini & Genesis Trading Lost $175M + Gemini Earn
13:06 Coinbase BitLicense in NY
13:14 Gemini Earn Transfer Went Through
13:50 How BlockFi Impacted VoskCoin
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
Voyager is a cryptocurency lending and borrowing platform, or, they were, until 3 Arrows Capital blew up and they went bankrupt. FTX led by SBF Sam Bankman-Fried stepped in to bail Voyager out of their bankruptcy, but now FTX has gone bankrupt as well… Subscribe! https://voskco.in/sub
Voyager went bankrupt in July of this year, and brought their VGX crypto token down with them. Shortly thereafter, SBF and FTX offered to purchase the company in order to assist with the liquidity crisis. However, it has now been revealed that FTX was one of the biggest ponzi schemes in financial history. What does all of this mean for Voyager and their crypto platform? Will the users ever be able to see their funds again? Let’s take a deeper look into the situation and see what may lie ahead for Voyager and those affected by the FTX scam.
⏰ Timestamps ⏰
00:00 Voyager crypto went bankrupt
00:58 Voyager will not be sold to FTX
02:04 What was Voyager?
03:55 BlockFi Team page removed
04:34 The downfall of Voyager
07:03 Why FTX wanted to buy Voyager
08:10 Will Binance buy Voyager?
07:53 FTX – the biggest Ponzi in history
09:48 My experience with Celsius & CeFi Platforms
13:00 Time to be kind with others in crypto!
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
Celsius went bankrupt long before the FTX contagion began to spread – but amidst the most recent collapse, what is in store for their clients who are still owed money? Unfortunately, the FTX bankruptcy is even more bad news for Celsius crypto users… Subscribe – https://voskco.in/sub
Many people trusted crypto lending apps over the past year. Of those that did, 1.7 million were scammed by Celsius and their crypto Ponzi. From a dodgy CEO to an even dodgier executive, the writing was on the wall for Celsius from the beginning. With FTX and Alameda having come crashing down, the contagion has reached the Celsius bankruptcy filing as well. How will this affect those who lost crypto upon Celsius collapsing earlier this year? What is in store for the crypto space? Let’s find out.
⏰ Timestamps ⏰
00:00 What happened to crypto lender Celsius?
00:51 1.7 million people got scammed!
01:01 Alex Mashinsky the CEO of Celsius
01:45 Celsius scandals
02:32 How FTX affected Celsius’ bankruptcy
03:25 Crypto bankruptcy is complicated
05:03 Celsius shareholders are denied Committee
06:37 Celsius will turn their debt into a new coin?
07:44 The Claims market and how that works!
08:28 How taxes work on a bankrupt crypto lender?
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
