I have a friend of mine who is a victim of the FTX scam and had lost over 100,00 + and is down on their luck. What I don't want is for this post to be misinterpreted, I don't want to help my buddy because he lost his money but instead I want to help him because he wants to pay back his friend who was kind enough to loan him 75,000 grand and he feels absolutely terrible for letting his friend down since he was going to pay him back the 75000 grand back almost immediately. I will post what he personally wrote, this is from his gofundme:
I started to trade on various financial markets about 5 years ago after a very close friend had some success trading. I was always good at math's & have always been quite analytical, so I thought why not put in a grand and see what happens. I was trading for around 3-4 hours a day after work & I started to do really well trading Equities and after around 6 months was up about 150% so I put in 10 grand (My entire life savings at the time most of which was inheritance.(back then I was 19)). Fast forward 18 months and I had around 90k. My strategy worked. This was a lot more than what I was making as a 19-year-old in some terrible sales job making like 22k a yr. if hit my ridiculously hard targets every month. So I quit my job and started to trade full time. I was working 16 Hours a day during the week creating spreadsheets, monitoring global events, economic Indicators, supply chains, predicting macro-economic conditions, reading company balance sheets & financial statements, learning advanced statistical analysis and so on. Even on the weekends although the markets weren't open I would still work 10 hours a day to advance my learning and understanding to better the markets even more. I was doing great, managed my risk extremely well and continued to make amounts of money I honestly never thought I would. Fast forward a bit more and I decide to venture into crypto. This is where things went into 6th gear. I made money I could only dream of. I decided it’s time for a break and to go and live a little bit. I had spent practically EVERY SINGLE DAY for almost 4 years working. I Skipped going out with my friends on the weekends, going on holidays, and living like a young man should do. I missed out on so much. So I thought to hell with it, I've just made loads of money and I’m taking the year off and I'm going to spend some of it & have fun. I'm going to see the world, do some travelling, partying etc. So I withdrew some money and left the rest in my FTX trading account (a cryptocurrency exchange) and set off with my friend who had also done well trading. Anyways, I had trouble accessing my FTX account since I switched phone numbers and had to do this verification nonsense and it was taking a while and I had to help a family member out with debt & needed to get £75k to send to a family member. As I couldn’t access my account my friend had helped out and sent the money & of course I was going to send the money back to him once I could access my money in FTX. Fast forward a few days later & the FTX owner, CEO & high up executives have done a ridiculous amount of fraud, I mean just google “FTX” and you will see. Everyone who had money on FTX has lost all if it. ALL. OF. IT. Billions of Dollars of user funds gone. Poof all of it, just like that. All those years of my life I sacrificed have amounted to nothing and I now owe my friend 75k that I do not have. What I'm trying to get is £100,000. This will allow me to: -Pay my friend back -Start over with 10k -Money in account for living costs
I AM NOT ASKING FOR CHARITY. I WILL PAY BACK EVERY SINGLE PENNY THAT IS SENT TO THIS CAMPAIGN – It just might take a while***
I always see posts about taking action for this and that then the logistics come into play and makes what we really want to do difficult and nothings seems to come of it. However, right now at this moment we can all take action to help one of our brothers. I repeat, please do not think this post is to help someone who just blew all their money away, this post is to help someone who wants to do right to their friend who had the kindness in their heart to personally loan out to them. His objective is to pay every penny back to the friend he owes. If the mods take this post down then I apologize if I broke the rules, I just think this is a good opportunity to truly test how a unified force can help bring change. Maybe we wont change the world with this single action but we can change the world of our fellow man. Lets put ourselves to the test.