Originally aired on October 3, 2023
Wendy O starts off discussing the shocking FTX and SBF trial, joking that SBF is trying to “get off” and avoid jail time. She covers the crypto market performance, noting an odd pump in FTX’s FTT token. Analyzing the charts, Wendy says bitcoin needs to break above $27K to turn bullish.
Wendy polls viewers on whether SBF will serve jail time, with most responding yes. She argues SBF deserves jail time but may avoid it due to his privileged upbringing and parents’ connections. Wendy accuses SBF’s parents of facilitating donations and pushing their son down an unethical path.
Covering the trial, Wendy says SBF’s lawyers are trying to block prosecutors from calling former FTX insiders as witnesses. She lists individuals expected to testify for and against SBF. Wendy highlights those not testifying like SBF’s brother and former Alameda CEO.
Wendy covers allegations SBF tried buying a Pacific island nation to create a genetically enhanced human species. She transitions to criticizing Celsius’ mounting legal expenses.
Wendy analyzes a lawsuit accusing Binance of harming FTX prior to its collapse. She argues Binance simply wanted to cut ties with SBF’s unethical business. Wendy praises Binance for assisting police in catching crypto scammers in Thailand.
Discussing Celsius’ reorganization plans, Wendy doubts customer repayment will happen by end of year as stated. She highlights Silvergate’s collapse being improperly blamed on crypto when inspectors admitted regulators failed.
Wendy covers crypto developer Stephen Naroff allegedly being handcuffed and pressured to assist government investigations against crypto leaders. She ends by previewing an upcoming Coinbase delisting of numerous tokens.
What did Wendy say about SBF avoiding jail time?
- Jokes SBF is trying to “get off” and avoid serving time
- Suggests SBF may avoid jail due to privileged upbringing
- Accuses his parents of facilitating unethical behavior
- Notes lawyers trying to block FTX insiders testifying
What analysis does Wendy provide on the crypto markets?
- Highlights odd FTT pump
- Predicts dollar will dump above $106
- Says Bitcoin bullish above $27K, may revisit $26K
How does Wendy describe the allegations against SBF?
- Tried purchasing Pacific island for questionable plans
- Facing lawsuit for allegedly harming FTX rivals
- Praises Binance assisting police against scammers
What does Wendy say about the Celsius and Silvergate issues?
- Doubts promised repayment timeline
- Blames Silvergate collapse on regulator failures, not crypto
What concerning story does Wendy highlight about a crypto developer?
- Stephen Naroff allegedly handcuffed and pressured to assist government investigations against crypto leaders
What does Wendy advise Coinbase users?
- Review upcoming delisting of numerous tokens
- Transfer holdings before automatic removal
00:00 – Intro
10:15 – The entire crypto market
10:40 – BTC price analysis
13:50 – ETH price analysis
16:15 – Surround yourself with good people
17:30 – SBF trial starts today (All the details)
24:55 – Crazy accusation against SBFs brother
29:00 – Ethereum developer forced to name names
32:40 – FTX collapse: timeline of events
39:20 – Binance assists Thai police investigation
40:30 – Celsius repayment plan update
41:20 – Banking collapse blamed on crypto