Sam Bankman-Fried's Bank Just Failed & The Feds are Hiding it

Sam Bankman Fried's bank, Farmington Bank, formerly known as Moonstone Bank, has failed. Regulators are hiding it from the public and taxpayers could end up footing the bill. As always, to understand you need to read beyond the headlines and look under the hood and the real story reveals itself.

The FTX Collapse Explained in 99 Seconds: https://youtu.be/Ow-MN7qJnIY

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Chapters:
0:00 Intro
0:47 Humble Origins
1:19 Jean Chalopin Rides into Town
3:24 Farmington Joins The Fed
5:24 Farmington Becomes Moonstone
6:30 SBF Has Entered The Chat
7:39 The Master Plan
8:35 It All Comes Crumbling Down
9:07 The Fed's Seize $50M
9:50 Farmington Bank is "Sold"
11:20 The Balance Sheet
14:08 The Fed Confirms My Suspicion
17:31 Long Story Short

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Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS

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#FamingtonBank #SBF #FTX