FOX Business host Stuart Varney argues ‘very few’ understood what they were getting into as the FTX crypto collapses causes millions to lose money.
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STUART VARNEY: The lawyers tell us that FTX’s bankruptcy involves “more than one million creditors.”
There’s an awful lot of people who have lost their shirts.
There’s an opportunity here: abandon the wild west, and embrace regulation, rules and respectability.
That’s the way out for the industry.
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Is this really a good time to buy crypto? I know everyone says the market is ripe enough for buying but will crypto dump further this year? with all that is going on the crypto markey, FTX and all? How long until a full crypto recovery? How are other people in this market raking in over $550k gains in just a year, I'm really just confused at this point…
Hope – the magical and sometimes deceptive ingredient.
I still think Bankman-Fried looks like an idiot and doesn't act like somebody smart enough to be a financial wunderkind. Maybe FTX is an example of how all money laundering organizations here and in Ukraine work. Smarter people set up the organizations and make them work while they put some idiot out in front to take the fall when the illegal organization is discovered.
In my humble opinion the democrats did not miss any signs what so ever they were getting free billions from this man and that is all that matters Don't make it more than what it is money talks both crap walks no body cares where it comes from as long as long as they get their pocket
Didn’t one of them make 10s of millions in donations to republicans as well? Gotta be objective and unbiased in delivering news. They were buying influence from both sides it appears.
Give him the Bernie Madoff treatment -150 years in jail ought to do it
In america.. when ANYTHING Is overwhelming advertised pushed hatd…. it is indeed … a piece of dog crap. Always run the other way when americans bolster something big… usually is the scam of scams. … The More You Know….lol
Sit on a stage next to Bill Clinton. Be praised by Jim Cramer. Two bad signs.
<The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
"Why take money from anyone without checking exactly who it is?" – Varney …Seriously? This is politics you're talking about; folks on both sides took money from FTX… they knew who was buying, that is already proven. The question is: Will voters on both sides remember in 2024? KDM
these people are clueless, ftx scam because they sell as the one crypto company that follow regulation, if these investor put in on some decentralized finance or even dogecoin they still make alot of money and not losing it to this sbf scam.
Maybe this will stop the crypto bots on YouTube, bunch of scammers.
All this should disqualify democrats mid term election.
I hope the movie includes the orgies of these nerds. Especially the Harry Potter chick lol.
Dems send Billions of Tax Dollars to the Ukraine CIA Proxy WAR. CIA Ukraine Puppet parks it in FTX. Sam Bankman-Fried launders it back into Democrat Party Elections & Politicians. Everybody gets their cut, including Republicans. Music stops… criminals scramble for last ponzi scheme chair. How fast will the TV Limited Hangout make the story disappear like our tax dollars? How many people are about to commit Epstein???
They didn’t miss it they were in on it….
Follow the money Stu isn’t that your job?
Hakeem Jeffries has benefited tremendously.
That's a laugh.
FTX is possibly linked to Gary Gensler, the SEC head suing a company called Ripple.
Some are speculating. It's even more suspect that he donated to political parties, then declare bankruptcy.
He gambled and lost billions of his own and may be responsible for several crashes in crypto this year.
Just Democrats huh???
Mitch McConnell received 25Million in CIA Ukraine Proxy WAR FTX Cryptocurrency Funny Money.
Because they are Greedy and all they worship is money and fame especially Millenials. Crypto should be illegal
DC UNIPARTY pushes Billions of US Tax Dollars into unaudited CIA Ukraine Proxy WAR blackhole. CIA installed Ukraine PUPPET pushes funny money into CIA Cryptocurrency Front Operation. CIA PATSY from techie central casting launders cash back into US sElections & UNIPARTY Politicians.
FTX Bankman-Fried made multiple visits to the White House according to White House visitor logs. 👀
🌶️ getting spicy! somebody bout to commit Epstein.
They missed the signs, but they were able to cash the checks.
Yea right, they new damm well what was going on, they just didn’t care, nothing will come of it probably 😬
“Missed” or ignored? FTX reportedly has ties to both the DNC and Ukraine. Money laundering 101?
Why? Stew , you know why. Gump says it best, " stupid is as stupid does", I guess Tom Brady a great quarterback but stupid as gump says. Sorry for your pain Brady buyer beware as were always told
** DAN FRIEDBERG ** SHOULD ALSO BE HELD ACCOUNTABLE FOR "POSSIBLY" BEING THE MASTERMIND OF THIS ENTIRE OPERATION *
Misspelled ignored the warning signs.
In a word . . . . greed. If you prefer three . . . . totally obscene greed.
Ok, what LAWS were broken? Any?
Republicans are upset they didn't think of this.
He takes zoom meetings with OTHER PEOPLE IN THE ROOM.
Clearly a crime worse than obamas choice of spicy mustard.
Are they JOKING?
Love the way this is all on the democrats.
And love the way this is spun giving aide to Ukraine. Good!
why would they check.. the Democrats are totally corrupt and they don't care where they get money from — this was a win for them and the entire thing going down after the midterms was planned — the big guy got his 10%
Did this waste of life even have his securities license? why is he not in jail??
They are doing the same with the value of the US dollar. Poof.
Y’all been had….enjoy the loss.
The Democrats leaders will help to a avoid jail time
You can’t fix stupid!
Democrats used it as a ponzi scheme to money launder. No warnings. They helped it
Republicans do not want regulation issue with Fox is misinformation on what is not said. Look at who was invested in both parties not just 1.
Democrats didn't miss a thing, they are corrupt to the core.
I picked up on it pretty quickly… crypto is a Ponzi scheme 😂😂😂😂😂
As long as the political contributions keep rolling in, the dems will always look the other way.
only fox news is talking about the democrats involvement in FTX but they are only scratching the surface
why did the democrat party accept 40 million dollars of stolen money from FTX CEO in campaign contributions for midterms? Hobbs in Arizona, among others, used this stolen dark money to manipulate the election outcome. where is the investigation?