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Sam bankman freed sentenced to 25 years for the fraud with FTX is this The end of crypto or is this the shift That we all have been waiting for first They resist it then they sue it then They regulated then they join it this Could be the shift that transforms Everything for all the people who have Been patiently holding cryptocurrency Waiting for it to appreciate my name is Coach J what I work to do is make very Complex Macro and microeconomic strategies very Simple so the normal everyday person can Implement them we get hundreds of Messages as I talk about the back end of My video everything that I do from my Own Paradigm is we I'm a licens agent I Have license agents in all 50 states and We help you understand how to protect Your wealth what I use personally is Index universal life we also have many Other products annuities many different Things where we can help you understand How to protect your wealth and the Profits that you gain so that's in the Description down below you can click the Link to set up a free consultation with My licensed Insurance team you can also Download my absolutely free book that Shares with you exactly what I talk About on the back end of every single Video so let's dive into this so Sam Bankman freed was sentenced to 25 years
So I'm going to show you a short video Clip around the news and then I'm going To give you my own Paradigm my own Belief in what is actually happening I'm Not excited at all to see anybody get Hurt I'm all about positive high Frequency High vibration um so I'm not Excited to see anybody get pun punished I'm not excited to see anybody get hurt By FTX but what I want to do is share With you guys what I think has happened And what this means for the crypto Industry which is very good news for the Crypto industry so let's watch this uh Short clip and then I'll break down my Facts figures numbers logic and my Perception on where we're going from Here we got some breaking news FTX Founder Sam bankman freed sentenced Today Yahoo finances Jennifer sha bger Standing by with the details hey Jennifer Brad Sam bankman freed former CEO of failed crypto exchange FTX Reportedly sentenced to 25 years in Prison by a Manhattan federal judge After a jury found him guilty on seven Charges last fall for money laundering To Securities fraud Manhattan federal Judge Kaplan who presided over that Trial last fall pointed to testimony From bankman Freed's former colleague Carolyn Ellison saying that he knew what He did was wrong and that he knew that Alam was spending customer funds on
Risky Investments Kaplan saying that uh Sam bman freed perjured his testimony During a trial Kaplan saying quote People need to feel it's fair or were Back to trial by combat or something Like it so punishment must fit the Seriousness of the crime and this was a Serious crime okay so we're going to Leave it right at that so he got sens to 25 years so now I'm going to break down My logical circuit on what I believe is Happening and why again I don't ever Celebrate somebody's downfall um the Great news is though from what I've Heard is that some of the people are Goingon to most people are going to be Made whole with FTX which is super Exciting to hear right so we had Celsius Collap we had FTX collap that was in 2022 now remember let's back up to 2017 okay in 2017 Jamie Diamond Larry Thinkink was telling you that it's used For money laundering it's a pet rock Jamie Diamond was telling people you Have fired if you trade it right at the Same time JP Morgan was creating Onyx Their own blockchain they have their own Blockchain technology remember Well Fargo with R3 we have Bank of America That's Ripple in their patent during That time from 2020 we had a massive Shock to the system which changed all Consumer behaviors and then December 20th 2020 all the sudden remember a eum
And Bitcoin had had a pass by Bill Henman or ethereum specifically December 20th 2020 they initiated the case Against Ripple Jay Clayton Jay Clayton Leaves abruptly three days three to four Days after that he leaves to consult for A cryptocurrency fund I think it was one River Capital don't quote me on that That increased their position in Bitcoin And ethereum just months earlier so Jay Clayton leaves to consult for a Cryptocurrency firm J Clayton is now on The board of directors for the bank Bailin committee then Gary Gensler the Head Professor for cryptocurrency at MIT Becomes the new head of the SEC Gary Kenser was also part in 2012 of the Creation of the fomc future oversight Committee which regulates nonbank Financial institutions so 12 years ago They set up the fomc to regulate Non-bank financial institutions they set Up the bank bailin committee different From a bank bailout Obama turned the Printing machine on full blast and Rosie R who's on the board of directors for Ripple said that she was was told to Reduce coin and cash usage but she Couldn't because of GDP growth the GDP Growth was going up so cash and coin Usage went up so she couldn't reduce Coin and cash usage and she said you Usually need a shock to the system so we Have a shock to the system in 2020 which
Changed everything we have a case that's Initiated against Ripple in 2020 December December 20th 2020 okay Ethereum gets a pass so all of a sudden Everybody freaks out you know and Ripple Is a real company it's very well-run Right and they were meeting with the SEC They were doing everything they're Running they're doing real actual real Business with real Banks all over the World right and the most viable most Legit cryptocurrency in the world gets a Case initiated again we're still 2021 2022 2023 we're going over three years But sandbank been freed within a year Boom he's already sentenced to 25 years Now if you look at the SEC cases they Usually last around 12 to 24 months and That's often for egregious cases this is Not an egregious case so isn't it Interesting that in 2023 the tone Completely changed after 2022 when Celsius collapsed FTX collaps which They're like see told you guys Cryptocurrency is a fraud it's not safe It's bad and then Elizabeth Warren went On her rant around going after Cryptocurrency saying it's used for Fentanyl use all this different stuff It's on a blockchain you can see Everything that's happening everything They're saying doesn't make sense so When you look this way there's a whole Another narrative going on this way the
Fact is they know just like Larry finus Said multiple times we're 100% Going to Digitize this Economy we're going to 100% digitize Economy I believe the reason why they're Holding and suppressing xrp this just my Opinion I'm you know if I was a betting Man I'd bet on this horse is they're Suppressing it because it has the Ability to solve a liquidity crisis Which America's in a liquidity crisis And that's why Larry Fink keeps saying We need to digitize the whole economy America sitting in 120% debt to income Ratio the only thing we can do is print More money our taxes are going to pay The interest on our debt most Americans Are buried in debt every single Dollar In the system is someone else's debt we Have to borrow from other countries to Pay for critical services so we're in a Critical point right now in our system The banks are are all overleveraged the Banks are all overleveraged the banks Started to get bailed in in 2023 when we saw was it uh SVP or Signature Bank I think Signature Bank I Don't forget the name of it sorry that Collapsed right that's a bank bailin It's different from a bailout that's When they take all the debt they turn it Into equity and they sell it to a larger Company right then we didn't realize That for the last 12 months they
Actually got specific loans to help them Survive the liquidity crisis which ended On March 11th I think it was 2024 so now All bets are off guys and now this is The good news the only the good news in This you know I I don't it it makes me Sad that people got hurt all these Different things but the good news is Here it comes guys the moment you've Been waiting for the Legitimate use of Cryptocurrency FTX collapsed Celsius Collapsed they sent him to 25 years They're the heroes now okay and you know There's fraudulent stuff going on but Remember he donated to all these Politicians guys so it's like we're all Being played remember that remember that We're all being played in this what You're going to see now is Black Rock is Connected to coinbase through Aladdin Guys you're going to start to see Coinbase is going to be the biggest I Bet I would bet my bottom dollar that Coinbase is going to become a bank okay Kraken will become a bank I believe Ripple will become a bank you are going To start to see now the legitimate use Of cryptocurrency you're going to start To see regulation come in you're going To see the next Bull Run is going to be Probably I believe in my Paradigm that After this Bitcoin having it's going to Be one of the biggest opportunities of
The mass of price appreciation because Of still speculation and no regulation And I believe the next Bull Run is going To be a lot different I believe the next Bull Run after four years and next Bitcoin having four years later there's Going to be regulation there's going to Be normalization of cryptocurrency a lot Of banks are going to be operating on The blockchain and you're going to see a 10-year transition into a brand new Monetary system there is no other way The analog system the analog banking System is dead Okay so this sentencing Him to 25 years the public is like oh They're protecting us great job guys It's like see we're doing our job we're Doing all these things but you got to Remember guys they gave ethereum a pass And now the SEC is subpoena subpoena Exchange subpoena subpoena exchanges Around ethereum being a security and Then they have promethium which is a Approved us Securities and Exchange Commission approved place where you can Store your ethereum like it's all over The place or is this a wellth thought Out plan to switch us into a new Blockchain technology on demand Liquidity and what's going to happen is Regulation's going to come in and a ton Of cryptocurrencies are going to get Smashed and there's going to be some Survivors just like the autoboom just
Like the dotom boom every single time The big three Emerge so that's how I make my decisions I don't make it off of emotion I don't Make it off of what you know this person Says or this person says I study history To predict the future this is a wave of Energy we're going to go into World War II after a war is innovation a change in A global superpower usually a new Monetary system There's jobs there's Peace and prosperity there's all kinds Of things happening we're heading into That wave of energy guys and Cryptocurrency blockchain distributor Lger technology will be the new system So here's what I've done I share with You guys every Single video exactly what I'm doing now This is from my Paradigm I'll never Share with you something I'm not doing Myself so basically I'm holding 50% of My portfolio long-term for legacy okay So 50% I'm exiting by using Merlin the Smartest way to track your crypto I'm The co-founder and Creator 36,000 lines Of code to build this it's not we don't Hold your keys we don't hold your combo It's just an interface so you can see The markets here you can go in here and You can actually set up an actual Exit Plan okay so if you go to your assets Here okay you can set up an exit plan so That you can properly exit the market so
If you go here you click on your exit Plan boom you can see right here an Exit Plan set up so when it get gets close to The targets it sends you an alert so you Can go out there and calmly exit the Markets so when I exit the markets Personally what I do is I Max Fund my Index Universal Life policies I like to Use the bottom of the risk pyramid I Like security I like the insurance Because I like to ensure my wealth like The wealthy do I like to do what the Banks do I like to eliminate the third Party I go into the insurance fund my Insurance and then from there I can Borrow from the cash value if I choose To I can leave it in longterm it's a Long-term strategy for me but I can Access my cash value if I need to Taxfree so if I find a wonderful Investment that I need to get into or The market collaps down I want to buy Back in I can borrow from my policy but Most of my strategy is long-term with my Insurance I have multiple policies set Up for different reasons okay we're Getting into real estate business is one Of our our biggest path to wealth we own Equity in multiple companies and then AC Over All of that I have What's called The waterfall Rockefeller system trust Set up for my account that's basically How I have it set up so all my system is Actually almost completely done I've
Been talk been sharing with you guys From my Paradigm we'll be done next week Everything will be done so everything Will be under the rock for a waterfall System and so basically my kids kids Kids will be wealthy it will waterfall Down to the Next Generation Next Generation and so that's my Paradigm That's exactly what I'm doing that's What I've been doing since 2020 well 2020 I started in cryptocurrency I Realized that cryptocurrency is not my Retirement is a very speculative asset Um and I realized that there is no Get-rich quick there's getting wealthy For sure by understanding how the Wealthy operate I started to use Insurance in 2020 then I started to Really expand into my business and Understand that when I start making Income I didn't buy a bunch of fancy Stuff I reinvested back into business I Reinvested back into Cash flowing assets And then from there I set up an Infrastructure now the infrastructure is Set now this bull run is where we go Into the wealth Paradigm we're going to Take that money the profits from crypto We're going to put it into index Universal life our insurance policies That's what I'm doing and then from There I'll make my decisions based on That I'm just going to repeat the Process then I'm going to look for boom
And bus Cycles I'm going look for Different Investments that are Innovative Technologies going into the Future we're just going to keep Repeating the process we're going to Stay calm we're going to stay positive We're not going to be tribal we're going To love on everybody and we're just Going to be happy we're going to go out There and understand it's the greatest Time in human history there's no reason To be stressed about this it is the Greatest time in human history to get Your [ __ ] together stop focusing on all The negativity and all the craziness Guys yeah Sam bankman freed did some Shady stuff he's going to pay the price For it not celebrate anybody's downfall Guys but I'm telling you this is a a Sign that we're heading into the new era So buckle up guys it's here get your [ __ ] together get focused get a budget Learn financial literacy and um I love You guys everything you need in Description down the video or in my Social media platform you can click the Link as we always say Warriors rise get Your [ __ ] together like Is
