The most concerning part of the new Coffezilla video – whistleblower Marc Cohodes and others came forward to Bloomberg with concerns about FTX back in July – and it was ignored because, it would be bad for business, among other excuses.

At the end of the new Coffezilla video, it's disclosed that Marc Cohodes a famous short seller and investor went to Bloomberg in July with concerns about FTX and was ignored by the media conglomerate because, “it would be bad for business”

MC: I went to Bloomberg with my pal who I was working on this thing with and we laid it out to five crypto, five ladies on the crypto team – and they passed it and they said it would be too much work, we'd lose access, it's bad for business, they'd hang up on us if we asked these questions – at least I had the questions I don't have a PR firm”

Coffee: wait Bloomberg denied a story with you because they thought it would lose them access and it they thought it would be too much work

MC: yes, 100%

Coffee: when, when did this happen?

MC: This happened in July, this happened in early July – they had everything, they had everything – they also said – but I didn't want anyone fired – I didn't want anyone fired – so I didn't give them this, it was bad for business, I.E. Advertising

coffee: you're kidding so they admit their conflict of interest with advertisers in the crypto space.

MC: yes

So Bloomberg a company that is now famously going easy on SBF was warned about his house of cards back in July and they ignored it…

The most concerning part of the new Coffezilla video - whistleblower Marc Cohodes and others came forward to Bloomberg with concerns about FTX back in July - and it was ignored because, it would be bad for business, among other excuses.

25 thoughts on “The most concerning part of the new Coffezilla video – whistleblower Marc Cohodes and others came forward to Bloomberg with concerns about FTX back in July – and it was ignored because, it would be bad for business, among other excuses.”

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  3. Remember that scene in “The Big Short” when they go try to talk to a journalist about the corruption in Wallstreet banks manipulating the ratings of housing bonds but the dude turned them down because he didn’t want to risk his contacts.

    We’re getting the same scene in the Sam bankman Netflix Movie

  4. Considering the size of the hole in their balance sheet in addition to the blatantly symbiotic relationship with their offshore partner firm Alameda, it shouldnt surprise anyone that alot of big news/bank corps were made aware of this long ago

  5. With each info dump comes more moving parts to this whole wretched machine – one of which indicates FTX was paying off the media to suppress information regarding FTX/Alameda and their operations/associations. That would explain the resistance to pursue or publish such a story.

  6. From everything that has happened now and before, i know not to trust anything or anyone .

  7. It seemed like the entire media was keen on making SBF the face of crypto. In the end SBF became the face of fraud and deceit, a quite ugly face at that

  8. FTX spends a fuck tone on marketing running ads guess how news papers make money…

    So if you want good publicity then you know what to do

  9. I bet all these companies with conflicts of interest were allowed to withdraw funds before the collapse

  10. Some old school wisdom from before the internet.
    >The BBC speaks the truth 364 days of the year to convince the public of lies on that one day.

    The only difference now is that its gone from one day a year to one month or more a year.

  11. Color me shocked. This whole industry is festering with shady businesses and scammers. Exchanges are no different.

  12. It’s not really new news, people have talked about the clear ftx and alameda being separated in name only, but like a lot all the snakes in bed with ftx are fine stealing ect then when it collapsed we get these “brave” insiders coming out ready to scream the truth. As now they arnt getting bribed….sorry paid to shut up. Sometimes it’s hard to tell fake from real, like the druggie 10 sex cult if it was told a mouth ago we might be dismissive of it, now we like yep dirty thief perv.

    I’m quite anti crypto for all the reason of ftx billions just gone and people shrug like it’s a normal thing. Millions is a rounding error…decentralised money put in a few places by a few people, trading volume makes the price….again by the few people.

    I laugh at the weekly dump and rally as algorithms get people thinking the price is popping off….opps nope thanks for the 💰

    I post in buttcoin, it’s not a got ya, I’m quite against most of crypto, but not all.

  13. It’s not just crypto. We live in an era where anything that makes money is not to be questioned regardless of how shady it is.

  14. All you have to do is give 10’s of millions of dollars to a political party the media loves and bam, everyone in office and TV News loves you. And you get away with the biggest fraud in history. A simple formula.

  15. It amazes me how so many people think businesses are your friends.

    They are there to make money not to help you out.

    Why do you think Fifa are having the world Cup in Qatar? It’s not because they think it’s a welcoming place.

    These people are out to make money, of course they aren’t going to shoot themselves in the foot.

    Why do you think Ronaldo is doing Binance videos? It’s not because he thinks it’s a legit company that’s going to help make you rich.

    Every time I visit this sub reddit I’m amazed at how naive everybody is. Like nobody sees any of this shit coming until they’ve lost everything. And then half of them stick even more money with an even shadier company. Unbelievable!

  16. If this is all factual, I hope it gets put before an official hearing as to the level of bad practices that have gone on to cover events up

  17. There was another video floating around showing an interview with CME chairman where he talks about a meeting he had with SBF, a meeting that he came out of knowing that SBF was a fraud, but not doing anything about it.

    It’s a systemic problem every time; whistleblowers are never rewarded whereas scammers always profit in the end, even if they get caught.

  18. Of course our auditor is legit, you can look up their business address in decentraland, its located right next to the snoopy mansion.

  19. This implies that the media purposefully let the situation snowball until they could cash in an a larger scandal and impose their own views on how crypto as a whole is a failure, when infact it was all the insider trader dealings and bribes.

  20. To be fair, it’s not Bloomberg’s job to investigate all potential financial wrongdoings, I mean I bet they receive tons of reports like that and they have to choose which ones they are going to dedicate time on.

  21. My opinion is Bloomberg is a bit shady. They had the “grain of rice” chip by Chinese spies story that was completely unfounded, and they didn’t retract it.

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