The Most Dangerous Man in America

Sdílet
Vložit
  • čas přidán 11. 11. 2022
  • SUBSCRIBE IF YOU READ THIS
    follow me on twitter ► / ludwigahgren
    follow me on tiktok ► / ludwigahgren
    follow me on instagram ► / ludwigahgren
    join my subreddit ► / ludwigahgren
    LINK TO EVERYTHING ► wlo.link/@ludwig
    edited by: one take jake
    #mogulmail #ftx #crypto

Komentáře • 1,8K

  • @braedencutler
    @braedencutler Před rokem +5853

    Ludwig really became a streamer to ultimately become a journalist like he originally planned

    • @GavinBogie
      @GavinBogie Před rokem +309

      Ludwig is still a streamer. This is Mogul Mail.

    • @ap6480
      @ap6480 Před rokem +130

      @@GavinBogie Ludwig died

    • @OurVirtualTime
      @OurVirtualTime Před rokem +26

      The more things change the more they stay the same.

    • @ferba8849
      @ferba8849 Před rokem +61

      @@GavinBogie Ludwig no longer exists. Only Mogul Mail.

    • @emmafahy4712
      @emmafahy4712 Před rokem +27

      Who's Ludwig???

  • @Ramattrius
    @Ramattrius Před rokem +8414

    The fact that some people trusted this man because he "drove a cheap car" is astonishing

    • @freeestyleobsessed
      @freeestyleobsessed Před rokem +170

      I have a super shitty car that makes me trustworthy and able to run a multi billion dollar Ponzi

    • @THICCTHICCTHICC
      @THICCTHICCTHICC Před rokem +88

      Some famous people just drive cheap cars. It's not even impressive either. It just avoids people knowing you're rich which is purely convenience.

    • @briantep458
      @briantep458 Před rokem +82

      he drove a toyota but also had a private jet. He slept on a bean bag, but on an island in the bamamas. What a joke

    • @theultimaterage675
      @theultimaterage675 Před rokem +26

      Im pretty sure this is an actual psychology thing where certain looks or features about yourself give yourself an advantage/disadvantage in a field. People are more likely to trust someone in IT or computer programming if they look more nerdy, but if that person is like a buff body builder with a ton of charisma, people are less likely to trust the things he says on it

    • @Dolphins_are_our_Overlords
      @Dolphins_are_our_Overlords Před rokem +5

      Makes you think how the rich people create this image of theirs by doing normal shit & using that to say that they are just same as any poor person but its a manipulative technique.

  • @johnliu7811
    @johnliu7811 Před rokem +741

    Someone on Reddit once described cypto as "speedrunning the evolution of the modern financial system." This quote feels more and more true now.

    • @admkbldwn
      @admkbldwn Před rokem +1

      crypto is just the "regulation is bad" crowd figuring out why they should have read history books instead of becoming the "regulation is good" crowd by living through it

    • @BrahmaDBA
      @BrahmaDBA Před rokem +25

      I wonder if this is the start of a Great Crypto Depression and what will be its New Deal

    • @3u-n3ma_r1-c0
      @3u-n3ma_r1-c0 Před rokem +4

      it literally is, and its amazing.
      someone needs to make a History of Crypto so I can take notes. my fake paleolithic civilization needs to start somewhere.

    • @sideways5153
      @sideways5153 Před rokem +5

      It’s really not, because even the sanest people are basically doing the equivalent of traveling back in time to the 1800s to buy every deck of playing cards they can find, hoping that owning enough playing cards will make them rich when Nintendo becomes a video game superstar.
      That’s what the smart people are trying to do. Everybody else is trying to recreate the housing market crash of 2008 (some people THINK they’re recreating Amazon or Enron, but they aren’t), and they don’t understand why it keeps hurting them to intentionally recreate some of the stupidest ideas banks have ever had.
      If you have crypto, get out of that market. It’s a money pit, and the people who know how to get the money back out of the hole aren’t going to help you. You’d be better off trying to get on the board of trustees for a real bank - at least the money would actually exist

    • @bunsenn5064
      @bunsenn5064 Před rokem +1

      Hold on. I think you just figure out how to invest in crypto just by basing your investment timing off of the historical patterns of the economy.

  • @RaphaelAlba
    @RaphaelAlba Před rokem +1039

    I love that Ludwig was able to explain this situation in a digestible way. Its good to educate that masses in what a bad billionaire looks like and the coverup is just worse.

    • @Swanzyy
      @Swanzyy Před rokem +23

      Who is Ludwig? I only know Mogul Mail..

    • @morbs5697
      @morbs5697 Před rokem +6

      I watch both, but I have to admit, Ludwig just watches atriocs vid and then restates everything in his own vid.

    • @norkshit
      @norkshit Před rokem

      …all billies are bad. only way to stop em is to eat em

    • @RaphaelAlba
      @RaphaelAlba Před rokem +1

      @@norkshit We're seeing them eat each other!

    • @Asoudo33
      @Asoudo33 Před rokem +60

      Every billionaire is a bad billionaire. You don't make billions of dollars off of your own merit, you get it by taking exorbitant profits from companies other people do the work for you in.

  • @Dkgow
    @Dkgow Před rokem +4330

    "I cannot give you the money I owe you because I am using it somewhere else."
    Ludwig knows very well about this. Maybe Mogul Mail should interview him about that situation.

    • @zealeos1744
      @zealeos1744 Před rokem +58

      Didn't you hear? Mogul Mail killed Ludwig

    • @jacobbailey2950
      @jacobbailey2950 Před rokem

      How can Mogul Mail interview a dead guy

    • @lordofstuff_
      @lordofstuff_ Před rokem +1

      @Ludwig 🅥 ? xd

    • @Dkgow
      @Dkgow Před rokem +10

      @@zealeos1744 No shot? I missed that? Damn. Ludwig7 to him.

    • @grat3r
      @grat3r Před rokem +9

      @@Dkgow yeah, sad news, sike not sad news, ludwig was the cheap copy of the gigachad, mogul mail.

  • @VIady
    @VIady Před rokem +2279

    FTX being "Hacked" is probably people who had access to the wallets milking the cow on its last legs.

    • @Joshs4stro
      @Joshs4stro Před rokem +3

      hooked up to a metric ton of copium

    • @sleepisthecousinofdeath7395
      @sleepisthecousinofdeath7395 Před rokem +9

      Idk why people get greedy and put their money in high risk CEFI networks

    • @user-white007
      @user-white007 Před rokem +1

      Thanks for thinking like me, no way they legit got hacked, they stole there own money to avoid government lmao

    • @JonHop1
      @JonHop1 Před rokem

      @@sleepisthecousinofdeath7395 people are dumb

    • @christopheviens6468
      @christopheviens6468 Před rokem +23

      yeah they defo just tried to run with the money before it gets drained in lawsuits and settlements

  • @kosbebot6360
    @kosbebot6360 Před rokem +15

    I just love how Binance performed that fatality on FTX. That was some crypto mortal combat.

  • @fotisxevgenis
    @fotisxevgenis Před rokem +77

    I love Lud because he dumbs it down for my little head to comprehend all the crazy shit happening in the world . Thanks Mogul !

  • @dimmbtw
    @dimmbtw Před rokem +5343

    i love how this man went from the nicest billionaire to the worst 😭

    • @mythil3989
      @mythil3989 Před rokem +236

      @Chad 007 Are you really making fun of bots, or are you a bot yourself?

    • @gentlefires
      @gentlefires Před rokem +200

      No person with that amount of money is nice. A billionaire could solve world hunger, yet here they are, destroying people's lives and running entire companies into the ground because of a temper tantrum.

    • @anzacxlag2606
      @anzacxlag2606 Před rokem +39

      @@gentlefires You think world hunger could be solved by a few billion dollars?

    • @blanks-
      @blanks- Před rokem +136

      @@anzacxlag2606 A couple billion dollars could feed a couple hundred million people, wouldn't solve it, but would put a pretty big dent in it. Then again, without sustainable jobs they'll just starve again, so they should really open new businesses for the starving and poor.

    • @simulationl279
      @simulationl279 Před rokem +15

      I actually tried to sell my crypto when it was taking a nose dive earlier this year, and the exchange actually refused me saying I cannot sell. I didn't understand the reason because it was a very long page of confusing legal text and lawyered up excuses.

  • @TheCyberHawk1
    @TheCyberHawk1 Před rokem +1723

    Anytime somebody in finance says they're trying to "revolutionize the industry" what they actually mean is that they are ignoring financial fundamentals and taking on loads of risk and hoping to cash out before their scheme crashes.

    • @THICCTHICCTHICC
      @THICCTHICCTHICC Před rokem +20

      Aside from that one time when Bitcoin was created and did actually revolutionise the industry of course

    • @TheCyberHawk1
      @TheCyberHawk1 Před rokem +61

      @Thicc Thicc Thicc Did bitcoin really revolutionize the finance industry? I would say the uptick in price and trade volumes of bitcoin have more to do with the increased accessibility of investing through apps. The increase of investors revolutionized the industry more than bitcoin existing.

    • @requiemforameme1
      @requiemforameme1 Před rokem +25

      “Revolutionize the Industry” is starting to become synonymous with “Build a Marketplace”.
      It’s kind of amazing that such a cool technology (Blockchain) shat out a pair of highly publicized turds so quickly (NFTs, this).

    • @wtfisggon7251
      @wtfisggon7251 Před rokem +7

      @@TheCyberHawk1 no but blockchain did

    • @Hansgame
      @Hansgame Před rokem +1

      yea pretty weird that after all that revolutionary stuff we use the same system as some thousand years ago, except we use digits instead stones today

  • @Haileycartero
    @Haileycartero Před rokem +16

    The fact that the woman said she thinks stop losses are not a smart decision, should have been your biggest red flag

    • @i_am_acai
      @i_am_acai Před rokem

      stop losses for crypto aren't as good idea as they are for stocks

  • @Anthony8Fields
    @Anthony8Fields Před rokem +27

    Damn, this channel actually slaps. No doubt it will grow.

  • @hooman2459
    @hooman2459 Před rokem +1392

    Mogul mail has really been crushing Ludwig recently

  • @PremiumImprint
    @PremiumImprint Před rokem +95

    This is the moment mogul became mail

  • @ToadTWE
    @ToadTWE Před rokem +142

    It's crazy how the other day me and my mom were talking about this guy and how amazing he was. That statement aged poorly

    • @akivaweil5066
      @akivaweil5066 Před rokem +5

      Don't stress it

    • @NovemberFoxtrotRC
      @NovemberFoxtrotRC Před rokem +10

      I was just talking to my buddy about how volatile the whole crypto space is. He was pushing back against it. Just sent him this video lol.

    • @kingarthur1367
      @kingarthur1367 Před rokem +5

      No, you didn't@@NovemberFoxtrotRC

    • @PokeShadow77
      @PokeShadow77 Před rokem +3

      @@kingarthur1367 chad

    • @trianglemoebius
      @trianglemoebius Před rokem

      @@NovemberFoxtrotRC ​Your friend is an idiot, then.
      I'm pro-crypto, in fact I trade (although luckily I realised something was wrong with FTX and never got involved), and let me tell you: Crypto is volatile. The people who lose are the people who somehow conclude that this volatile space is entirely stable, as they're the ones trying to work in a reality that simply doesn't exist.
      When I first got into crypto, there were two rules that (almost) everyone recognised and played by:
      1. Never invest more than you can stand to lose.
      2. You aren't rich until you cash out.

      This is the thing NFTbros and their like don't get. All they want to see is easy money and them being rich, and they're willing to ignore that simply not being the case as it suits them. And this is why everyone (rightfully) sees them as hypebeast idiots.

  • @renshuuu
    @renshuuu Před rokem +13

    Honestly financial education is something that really needs to happen. Not how to get rich quick, but learning about risk, and how to mitigate it, and what is indicative of high risk.

  • @IronWolf123
    @IronWolf123 Před rokem +1607

    Sam went from a poor kid to a rich generous guy to a guy who lost his business because he scammed people through a Ponzi

    • @MaximusChivus
      @MaximusChivus Před rokem

      I was about to say, the more I hear anyone talk about crypto the more I'm convinced it's just a straight up ponzi scheme

    • @akivaweil5066
      @akivaweil5066 Před rokem +83

      It wasn't a ponzi. He straight up stole people's money from their accounts. It's like if you used someone else's debit card at the casino.

    • @jdmji
      @jdmji Před rokem +30

      @@akivaweil5066 Banks do it, the problem is pouring it into Almeida which is just doing dumb shit with it. They even bought meme tokens with the money which is a massive red flag lol.

    • @senatorarmstrong2100
      @senatorarmstrong2100 Před rokem +1

      @@jdmji exactly, even banks do it. One bank took 10,000 usd from my trading account and transferred it to another account and refused to give it back.

    • @wtfisggon7251
      @wtfisggon7251 Před rokem +10

      @@senatorarmstrong2100 that sounds off. Which bank was it

  • @suko1254
    @suko1254 Před rokem +28

    "because i wanted to give it to charity" yea sure bro 🤣🤣

    • @godlyvex5543
      @godlyvex5543 Před rokem +1

      he did though, if you look it up he was into effective altruism and he was specifically trying to make money to raise it for EA, unlike some billionaires who just hoard it or do things like buy social media companies

  • @alfies98
    @alfies98 Před rokem +4

    Im glad youre covering this, i thought you might be like some of the other youtube "news" channels only reporting on things that could get you the most views, but this gives me hope.

  • @courtsport255
    @courtsport255 Před rokem

    been really enjoying this type of content! Thanks!

  • @chpgmr1372
    @chpgmr1372 Před rokem +30

    so basically a thousand people were holding on to the same dollar while each thinking they were the only one.

  • @chalooby3403
    @chalooby3403 Před rokem +8

    You save me so much time by explaining it all so simply

  • @BakaSeraphTo
    @BakaSeraphTo Před rokem +1

    9:48 heh "frunds"

  • @JordySan
    @JordySan Před rokem +3284

    ludwig could literally sit and stare at the camera for an hour and I’d still be entertained lol

  • @theEDMdragon
    @theEDMdragon Před rokem +663

    You know it's become a fricking huge deal when even Ludwig is covering the FTX crash

    • @johnhilton395
      @johnhilton395 Před rokem +30

      Did Ludwig also make a video on this. Wouldn't be surprised he always copies mogul mail.

    • @anaccount4354
      @anaccount4354 Před rokem +11

      you mean mogul mail???

    • @isotope6207
      @isotope6207 Před rokem +10

      i think you got confused, you mean mogul mail right?

    • @theEDMdragon
      @theEDMdragon Před rokem +7

      @@isotope6207 yeah I meant Mogul Mail, my bad

    • @theEDMdragon
      @theEDMdragon Před rokem +3

      @@anaccount4354 yeah, my bad

  • @wdmzxro1799
    @wdmzxro1799 Před rokem +5

    quite the mogul move by Binance to get rid of a competitor

  • @felixahelixa3233
    @felixahelixa3233 Před rokem

    Ngl, from the start I had like 0 idea on what any of the subjects you are bringing up were, but the way you explained it was so well done that I basically understood everything. And man, all of this is fucking crazy lol

  • @Josh-wj6fk
    @Josh-wj6fk Před rokem +65

    This is actually one of the best takes out there on this. Great reporting, dude.

  • @freeestyleobsessed
    @freeestyleobsessed Před rokem +201

    I’m a simple man, I see a mogul mail I click and like

  • @cameronj1174
    @cameronj1174 Před rokem +38

    This was such an amazing breakdown of the whole situation and the added humor made it even better. Didn’t know you had such journalistic ability, Ludwig. Just subscribed

    • @gdogsgdogsgdogs
      @gdogsgdogsgdogs Před rokem +2

      Who is Ludwig? You must be confused, this is Mogul Mail.

    • @mdmrzk
      @mdmrzk Před rokem +2

      Iirc he litteraly did journalism studies

  • @thatcoolcat12
    @thatcoolcat12 Před rokem +19

    “The whole industry seems incredibly fucked” damn about time the crypto crowd starts acknowledging that

  • @sonder8227
    @sonder8227 Před rokem +46

    I really sat through this whole ass video nodding my head as if I understood a single word he said. Would do again 10/10.

    • @rexxfrost440
      @rexxfrost440 Před rokem +4

      I didnt realize I did it too until I read this comment lmfao!

    • @iLL_WiLL_
      @iLL_WiLL_ Před rokem +3

      What's crazy too is that he simplified it significantly and it still came off as a high-level topic.

  • @extacee2516
    @extacee2516 Před rokem +30

    Sounds like the binance CEO jumped on an opportunity to mega screw over a competitor

    • @TopOfAllWorlds
      @TopOfAllWorlds Před rokem

      For real

    • @Fazwick
      @Fazwick Před rokem +7

      Yep, they were known to not like each other very much. People were speculating that Binance CEO made those moves to be able to buy FTX cheap, thus becoming the single biggest crypto exchange ever. Backing out was definitely not planned though, because the resulting crash would impact them heavily too. It's one thing lacking liquidity (they just needed more time to get the cash) vs totally insolvent (not having the cash in the first place).

    • @dayko.
      @dayko. Před rokem

      @@Fazwick I mean if they know the market will crash due to them backing out of the deal they can make a ton of money by shorting FTT or crypto in general. Still probably was not the plan.

  • @CodenameTurtle
    @CodenameTurtle Před rokem

    Lol that ad at the end. Good on you, Larry.

  • @oniadapt
    @oniadapt Před rokem +16

    I'm slowly convincing my mom that Mogul Mail and Ludwig are two different people.

  • @VIady
    @VIady Před rokem +140

    It was quite a rollercoster ride seeing this pan out real time.

  • @communistkoolaid1745
    @communistkoolaid1745 Před rokem +307

    This is great content, glad Atrioc didn't already do it!

    • @rayraywa
      @rayraywa Před rokem +1

      probably a joke but he streamed yesterday for an hour to do a mini marketing-monday/friday on it. recommend the vod

    • @lykken5396
      @lykken5396 Před rokem +3

      he literally also uploaded a video on it

    • @bunnybear6109
      @bunnybear6109 Před rokem +3

      If Big A had covered this topic I would have been interested, but like you said, he didn’t :/

    • @devanshshringi6826
      @devanshshringi6826 Před rokem

      lmao literally the same videos

    • @teelafire5468
      @teelafire5468 Před rokem

      @Ludwig 🅥 wtf that new bot for me (pretty smart actually)

  • @lizzetter
    @lizzetter Před rokem +1

    Lud would be a good news reporter. He has the voice

  • @CalculusDaddy
    @CalculusDaddy Před rokem +1

    It’s like when in history an empire just “pops” and breaks apart. It happens slowly, then all at once.

  • @macaronicheese1737
    @macaronicheese1737 Před rokem +38

    Man don't I love my daily dose of content on crypto collapsing and billionaires screwing themselves over

  • @dsouthmonster
    @dsouthmonster Před rokem +27

    He gives off pocket pepperoni energy.

  • @distasteee
    @distasteee Před rokem

    Wasn't expecting lud to do a a crypto piece - thx for the rundown my guy

  • @capri5246
    @capri5246 Před rokem +7

    I just gotta say I’m really happy your making vids here, I’m not really a twitch watcher but I’d always known about u and hear things, and you always made me wish I could sit down and watch a twitch stream so I could get into twitch creators mainly you, moist, and Hassan. But when u came over to CZcams I was like aye, big win for CZcams. Honestly it feels like we have had a mogul shaped hole in CZcams all this time and u fit right into it when u came over.

  • @jackwilliams1468
    @jackwilliams1468 Před rokem +336

    I've gotta just say it, he's far from the most evil man in America.

    • @senatorarmstrong2100
      @senatorarmstrong2100 Před rokem

      Most evil man alive? Man stole money from the middle class families. Thats worse than straight up killing them. They lost everything they had.

    • @akaliotp6766
      @akaliotp6766 Před rokem

      Yeah ur mother

    • @MrJoosebawkz
      @MrJoosebawkz Před rokem

      exactly you have Henry Kissinger, Dick Cheny, W Bush, etc (responsible for the deaths of millions), Rick Scott (defrauded medicare for millions), Joe Biden (is the single biggest reason for why student debt is terrible, also a huge factor in why America has the biggest number of prisoners out of any country, tried to continue segregation, responsible for the deaths of thousands if not more), Trump (self explanatory. although a lot of people don’t know that he had a lot of the main players in the Iran-Contra cartel on his cabinet) Larry Fink, Peter Thiel, Elon Musk (evil billionaire Executives just ruining our lives and making everything worse)
      the list goes on

    • @parazitkolol
      @parazitkolol Před rokem +13

      @Chad 007 No, Oki is a great dude

    • @parazitkolol
      @parazitkolol Před rokem +29

      @@TheMomentNo woosh

  • @NathanielHall
    @NathanielHall Před rokem +8

    I thought that was Ethan Klein in the thumbnail 😂

  • @zephra1675
    @zephra1675 Před rokem +1

    Really appreciate mogul mail, I’ve never really watched the news growing up so most real world info I got was from people I knew or things I’d find surfing the internet. Really like this channel, it might be age or something else but I think this channel covering things like this is helping me live less under a rock so thanks for that XD

    • @zephra1675
      @zephra1675 Před rokem

      Also helps since while there’s generally evidence being brought up throughout, knowing also gives me the chance to research it a bit myself even if I doubted the validity so occasionally have fun little hour projects to find out more :P

  • @sighl3nt909
    @sighl3nt909 Před rokem

    The Bang Bros reply on the side of the tweet killed me

  • @slades_salad
    @slades_salad Před rokem +8

    moral of the story: always trust larry david

  • @braddeputy
    @braddeputy Před rokem +13

    QT got out of TSM at an amazing time!

    • @super6070
      @super6070 Před rokem

      RIGHT

    • @Raldios
      @Raldios Před rokem

      It's funny cause ba higher up (probably regi) didn't want to fund her events lol.

    • @-ACE.
      @-ACE. Před rokem

      @@Raldios For good reasons. The economy is shit. How does he fund it if sponsors are having tough time economically? He made good decision not to fund it. The team that did recruit her, is basically asking for the people to fund her events by creating a fund for that purpose. I personally would rather donate to funds that actually help get people to hospitals over making events that help content creators. That is just me. Don't get me wrong I do like QT a lot but her dreams don't always align with what helps Esport orgs or the population in general. She just does entertaining events that we love to watch, but are they profitable enough during economy like this?
      As for TSM they will be fine they have Blitz and Swift making profit. Their profits are from Apps and tech, unlike many other Esport orgs, they actually have their own companies.

  • @HasanAbi
    @HasanAbi Před rokem +274

    Marketing Monday's Better

  • @WorldEaterZero
    @WorldEaterZero Před rokem

    Ludwig AD theme rendition is a masterpiece lmao

  • @KayosxD
    @KayosxD Před rokem +13

    Well to be fair he did give away all his money 😂😂

    • @seeker_of_knowlage3568
      @seeker_of_knowlage3568 Před rokem

      Litiraly

    • @godlyvex5543
      @godlyvex5543 Před rokem

      yeah but this is basically the worst way for him to lose his money, he was originally trying to raise money for effective altruism

  • @Noblepeanut
    @Noblepeanut Před rokem +7

    Ludwig seemed zoinked out of his mind in this video lol. Probably just really passionate about the topic, but still find it funny how he seemed to be bouncing off the walls.

    • @robertshank8228
      @robertshank8228 Před rokem +1

      fr bro could not stop moving back and forth 🤣

  • @encinoman903
    @encinoman903 Před rokem

    14:01 This is an excellent point.

  • @MasterhpIke
    @MasterhpIke Před rokem

    The ending though

  • @bean9174
    @bean9174 Před rokem +3

    I cannot tell you how much mogul mail has helped me in business school and keeping up in tech business news

  • @jeffreysherman8224
    @jeffreysherman8224 Před rokem +3

    He look like the short burglar from Home Alone just in his 20s.

  • @Kacper42PL
    @Kacper42PL Před rokem +1

    I wouldn't expect Ludwig to be a person with a FNaF keychain

  • @chalooby3403
    @chalooby3403 Před rokem

    Thank you for breaking this down!!!

  • @yadaran9054
    @yadaran9054 Před rokem +14

    3 seconds in but I already know it's gonna be a banger

  • @manuelgermosen2455
    @manuelgermosen2455 Před rokem +5

    Damn larry's never wrong, need more advise from that guy.

  • @aesir112
    @aesir112 Před rokem

    QT dodging bullets by joining misfits

  • @Spartan-yq4qp
    @Spartan-yq4qp Před rokem +1

    Ludwig's energy in this video was equivalent to a 6 year old who just drank a Bang energy

  • @robinthesky6728
    @robinthesky6728 Před rokem +4

    You cannot lump Coinbase and FTX together. They’re very different.

  • @reyofsunshine0000
    @reyofsunshine0000 Před rokem +3

    Ludwig also forgot to mention that CZ and SBF are beefing. Resulting in CZ selling on the open market. Great business move for Binance as they basically helped in wiping out a competing exchange.

    • @trancepeirce3107
      @trancepeirce3107 Před rokem

      As a non crypto follower what I made out was that CZ headshoted FTX.

  • @thbmeseeks7785
    @thbmeseeks7785 Před rokem

    I like how his sweater says don’t panic lol

  • @Ai-kichona
    @Ai-kichona Před rokem

    Im glad your talking about this cause i keep seeing this guy

  • @IHateAnime_
    @IHateAnime_ Před rokem +10

    As someone who is still braindead about all these cryptocurrencies and whatnot, I barely have a clue what's going on, but I'm still entertained bcuz I'm watching Mogul Mail.

  • @jaredc5169
    @jaredc5169 Před rokem +4

    How are people not talking about how Binance is probably doing the same damn thing? I've seen this over and over and over again. I am trying to understand how people still think crypto is a good idea.

    • @RetiredRobot
      @RetiredRobot Před rokem

      Same reason people believe in utopia, I guess, too idealistic.

  • @Yquan151
    @Yquan151 Před rokem

    This video was pure comedic genius, that ending 😂

  • @eddiecalloway3553
    @eddiecalloway3553 Před rokem +1

    This is the most I've ever heard lud sound like Will Neff

  • @Liamb2179
    @Liamb2179 Před rokem +3

    They were "hacked" by the CEO taking us much money out as he could before they went broke lmao

  • @Shady
    @Shady Před rokem +8

    and just like that, lost 99% of my net worth overnight.
    fuck. my. life.

    • @jeanneann3545
      @jeanneann3545 Před rokem +2

      there is nothing possible to do to get any sort of refund once something like this happened? its not like its gradually crash, its just happen overnight.

    • @youraveragepasser-by7367
      @youraveragepasser-by7367 Před rokem +3

      Your fault for putting everything into something as unstable as crypto bro

    • @jeanneann3545
      @jeanneann3545 Před rokem

      @@youraveragepasser-by7367 might be man, but the crypto this time is pretty reputable, so much that even third world country like mine have people invest in it.
      They should at least compensate the victims.

    • @RetiredRobot
      @RetiredRobot Před rokem +3

      @@jeanneann3545 compensate victims? You’re not victims, you willingly bought in knowing the risks.

    • @jeanneann3545
      @jeanneann3545 Před rokem

      @@RetiredRobot dude I don't brought any, I just find it ridiculous people who lost their money aren't getting any help at all. Like I said, they're not some shady company, they're reputable and big company.

  • @cauchemar479
    @cauchemar479 Před rokem

    This is what makes Lud a real one

  • @tristanrogers1780
    @tristanrogers1780 Před rokem

    ludwig be putting that degree to use

  • @squatology7509
    @squatology7509 Před rokem +3

    Thank you for making videos like this. I like to stay up to date with current events and you make it very easy to understand!

  • @MissyGail4eva
    @MissyGail4eva Před rokem +4

    Holy sh*t! From the thumbnail, I thought this was going to be about Ethan Klein, and then the video began, and I was like, "no b*tch, you forgot to put in your contacts again". LMA🙄

  • @charliehendrix1265
    @charliehendrix1265 Před rokem

    7:56had me dying 😂😂😂

  • @destrynewiger
    @destrynewiger Před rokem +1

    It doesn’t take long for things to get depressing once you start reporting the news

  • @bendubs
    @bendubs Před rokem +8

    What you described is actually a 'hot' instead of a cold wallet and Coinbase is both registered with the SEC and doesn't engage in the same risky practices that FTX and Binance do. Big A's video had the facts right

    • @Freeman-bt9od
      @Freeman-bt9od Před rokem

      Amen

    • @bzipoli
      @bzipoli Před rokem +2

      hahhhahahah
      i knew someone was going to defend this somehow, that's not the point he's trying to get across
      you know who was registered with SEC too? Lehman Brothers

    • @godlyvex5543
      @godlyvex5543 Před rokem

      @@bzipoli wtf are you even talking about? did you even read the comment you're replying to?

  • @gachatookthekids
    @gachatookthekids Před rokem +43

    "Nicest" and "Billionaire" are two words that you can't place next to each other.

    • @Interesting_Failure
      @Interesting_Failure Před rokem +8

      You CAN, you just have to remember that the highest value in a group of negative values is still negative.

    • @Dragostorm21
      @Dragostorm21 Před rokem

      @@no-name1.612 didn't bill gates buy one of the covid vaccines and stop it from being freely available to anyone, thus helping covid being an issue?

    • @FizzyCape
      @FizzyCape Před rokem +1

      nicest is a relative term. the nicest billionaire is just more nice than the other billionaires

    • @godlyvex5543
      @godlyvex5543 Před rokem +4

      @@no-name1.612 Those are still pitiful numbers, and at least sam was a proponent of effective altruism. Donating money towards "better healthcare" is such a vague way of putting it, and makes me doubt they're actually doing much to help. Not to mention rich people can change the system much better than everyone else, and can lobby. Why don't you see them lobbying to help the average person? Oh yeah, because that would cut into their profits, and they want to make sure that the only big money they're losing is going to charity... so they can get tax write-offs.

    • @UnknownPerson-cq3qv
      @UnknownPerson-cq3qv Před rokem +1

      Based

  • @agaminbear9766
    @agaminbear9766 Před rokem +1

    Hey Lud, something that could be interesting to cover would be the things going down with IFI (innovation first international, the own rack solutions and hexbugs) recently there has been a lot going down in the FIRST robotics competition community about them, IFI has a terrible work culture (sexist, homophobic, etc ) and their CEO is just a mess.

  • @jrko0
    @jrko0 Před rokem

    12:52 the bang Bros arena would be a sick name

  • @hooman2459
    @hooman2459 Před rokem +6

    I’m glad Ludwig put a PSA at the start of the video, people really could get fucked over but everything that’s happening.

  • @cwix-mf1sb
    @cwix-mf1sb Před rokem +8

    Lud was mid stream when he uploaded this what a grinder

  • @ArminvB90
    @ArminvB90 Před rokem

    The shirt choice is just comic genious by the way

  • @Weebfox
    @Weebfox Před rokem +2

    Mogul Man always makes hard to understand stuff for small brains like me very understandable and I appreciate that

  • @icysdemise3911
    @icysdemise3911 Před rokem +16

    For people looking to really understand what happened here, I highly recommend Atrioc's new video. It's extremely well done and he makes sure to explain baseline knowledge so that he doesn't lose you at any point

  • @Thuxo
    @Thuxo Před rokem +11

    Last thing you said is quite accurate. The reason centralized players can mess with a decentralized space is that the media takes advantage of ignorant people and tells them to use centralized products. It's sad

    • @TheStrangeBloke
      @TheStrangeBloke Před rokem +8

      any argument about skirting gov't regulation is always going to be opening the door to loads of very very very skilled sharks who know how to take your money and run.

  • @suchadowner
    @suchadowner Před rokem +1

    Ludwig’s shirt says it all

  • @starboy3735
    @starboy3735 Před rokem +1

    For a moment i thought the thumbnail was ethan klein and i got excited waiting for drama

  • @jazlivnat4176
    @jazlivnat4176 Před rokem +4

    Nah lets just do what he did but get away with it instead

  • @unseabass2303
    @unseabass2303 Před rokem +15

    I can't be the only one who feels like this Sam guy is the most suspicious looking and sounding person to exist.
    Not as valid after the fact but still, only heard of him today.

    • @ghosthunter0950
      @ghosthunter0950 Před rokem +1

      His story about "the box" pretty much sealed the deal that something is fishy.

  • @connormachine101gamerkid7
    @connormachine101gamerkid7 Před 11 měsíci

    i love mogul mail mainly because i can just click a random video, learn recent history on an event, and be given all the context i need

  • @papijr408
    @papijr408 Před rokem

    Thought that was crimson blur in the thumbnail lmao

  • @requiemforameme1
    @requiemforameme1 Před rokem +3

    10:41 I honestly thought she was an intern that passed a code test by reading leetcode forums for an hour and bashing her face against the screen. FFS.

  • @billings512
    @billings512 Před rokem +51

    Sam literally ruined so many lives, here in Aus, FTX is super popular if you’re an active trader. I lost my entire life savings / earnings ++ have to pay tax on something I don’t have. The amount of people committing suicide as a result is incredible.
    For the people reading this, be nice, it’s a sad week for a lot of us.

    • @super6070
      @super6070 Před rokem

      💀

    • @user-cg4mb4mn2q
      @user-cg4mb4mn2q Před rokem +13

      cant say I pity people who put money they didn't have into a risky investment that is also having a terrible impact on the environment

    • @donnie7897
      @donnie7897 Před rokem +16

      Why did you put all of your life savings into one basket? Not tryna be rude just wanna understand

    • @billings512
      @billings512 Před rokem +1

      @@donnie7897 we use it to trade, higher capital to trade with usually better so you don’t have to margin as much. The apr on savings is around 5% which is really good.

    • @r0yal_
      @r0yal_ Před rokem +1

      L

  • @bloodwolf2609
    @bloodwolf2609 Před rokem +1

    this channel is just marketing monday with no cuts

  • @that_old_hag
    @that_old_hag Před rokem

    This is the clearest I’ve had this explained, thanks lud!

  • @hyperactive_bs4498
    @hyperactive_bs4498 Před rokem +10

    Every guy has liquidity issues from time to time. It's no big deal.