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YouTubers Get Sued For $1,000,000,000

2023-03-17 Entertainment
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129.5k
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Coffeezilla
Coffeezilla
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Description

The influencers who promoted FTX are now being sued for allegedly promoting "unregistered securities", and questions are now floating about whether this lawsuit will go all the way. I spoke to @LegalEagle and @MeetKevin to find out more. Support: ► Patreon: https://patreon.com/coffeezilla Follow: ► Twitter: @coffeebreak_yt ► Instagram: @coffeebreak_yt Credits: 3D Artist: Ed Leszczynski @LeszczynskiEd Video Editor: Harry Bagg @HarryRBagg Virtual Production Software: Aximmetry This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch.

Top Comments (10)

@LegalEagle 2023-03-17

I want to set the record straight: Meet Kevin and I are NOT the same person. Even though you've never seen both of us in the same place at the same time, WE ARE DIFFERENT PEOPLE. Allegedly.

33.2k 408 replies
@mu11668B 2023-03-17

Despite the hilarious irony, Coffee really has been the one who stands his ground -- staying with the facts, not just people.

6.2k 35 replies
@ThePlainBagel 2023-03-17

Influencer marketing in the financial services/products space is such a hazardous practice. There's a reason most (not all) YouTubers with industry experience don't take these deals.

5.2k 28 replies
@algi1 2023-03-18

I think it is very symbolic that this guy is talking about his responsibility on a phone while driving.

4.7k 100 replies
@wildcat1227 2023-03-17

That man doing a video call while operating a moving vehicle tells me everything I need to know about his ability to accurately assess risk.

4.1k 54 replies
@lawrencebaker1811 2023-04-17

ALWAYS ignore "gurus" and "influencers" This IS financial advice.

3.0k 15 replies
@Trelior 2023-03-25

"If it succeeds it's because I made you money. If it fails, it's because you were stupid and listened." is what I'm getting from Kevin's attitude.

2.7k 28 replies
@melyannac9786 2023-03-17

Influencers try not to scam their fans challenge **impossible**

2.6k 14 replies
@stephens2241 2023-03-20

People taking advice from "financial influencers" need to realize that they are not the customer, they are the product.

2.3k 12 replies
@MeeraReads 2026-01-14

15:57 this is so stupid. People can reasonably expect that a company might go bankrupt. They should not reasonably expect that a company is going to embezzle $8 billion while being endorsed by half the country and the CEO is speaking in front of congress

15 1 replies

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