{"id":399,"date":"2022-12-09T05:28:00","date_gmt":"2022-12-09T05:28:00","guid":{"rendered":"http:\/\/localhost\/articles\/?p=399"},"modified":"2022-12-17T09:40:05","modified_gmt":"2022-12-17T09:40:05","slug":"ftx-collapse-is-a-scam-according-to-jordan-belfort","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/","title":{"rendered":"FTX Collapse is a scam, according to Jordan Belfort"},"content":{"rendered":"\n<p>Jordan Belfort, a former stockbroker whose memoir was made into the movie &#8220;The Wolf of Wall Street,&#8221; gave some advice on Bitcoin and Ethereum. According to Belfort, Bitcoin and Ethereum will be much higher in the future. He noted that the collapsed crypto exchange FTX is a scam, but stressed that its collapse &#8220;doesn&#8217;t mean Bitcoin has become worthless.&#8221;<\/p>\n\n\n\n<p>According to Wolf of Wall Street, FTX, the crypto exchange that collapsed and filed for bankruptcy on Nov. 11, was a scam, and one cannot protect against such a scam. He warned that investors should be cautious when it comes to investments, especially ones that appear too good to be true.<\/p>\n\n\n\n<p>Belfort warned against investing blindly in \u201cget-rich-quick schemes,\u201d stating that investors should always do their research before committing to an investment. He emphasized the importance of understanding the investments that are being made, saying that \u201cinformation is power\u201d and investors should always understand what they are getting into.<\/p>\n\n\n\n<p>In 1999, Belfort founded Stratton Oakmont, a boiler room that marketed penny stocks and defrauded investors with pump-and-dump sales of stock. After pleading guilty to fraud in 1999 and serving 22 months in prison, he became a motivational speaker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jordan Belfort, a former stockbroker whose memoir was made into the movie &#8220;The Wolf of Wall Street,&#8221; gave some advice on Bitcoin and Ethereum. According to Belfort, Bitcoin and Ethereum will be much higher in the future. He noted that the collapsed crypto exchange FTX is a scam, but stressed that its collapse &#8220;doesn&#8217;t mean [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":400,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[34,31],"class_list":{"0":"post-399","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-updates","8":"tag-bitcoin","9":"tag-ftx"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FTX Collapse is a scam, according to Jordan Belfort<\/title>\n<meta name=\"description\" content=\"Jordan Belfort, a former stockbroker whose memoir was made into the movie &quot;The Wolf of Wall Street,&quot; gave some advice on Bitcoin and Ethereum. According\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX Collapse is a scam, according to Jordan Belfort\" \/>\n<meta property=\"og:description\" content=\"Jordan Belfort, a former stockbroker whose memoir was made into the movie &quot;The Wolf of Wall Street,&quot; gave some advice on Bitcoin and Ethereum. According\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-09T05:28:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-17T09:40:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"862\" \/>\n\t<meta property=\"og:image:height\" content=\"485\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Shorts\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shorts\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\"},\"author\":{\"name\":\"Shorts\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406\"},\"headline\":\"FTX Collapse is a scam, according to Jordan Belfort\",\"datePublished\":\"2022-12-09T05:28:00+00:00\",\"dateModified\":\"2022-12-17T09:40:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp\",\"keywords\":[\"bitcoin\",\"FTX\"],\"articleSection\":[\"Market Updates\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\",\"name\":\"FTX Collapse is a scam, according to Jordan Belfort\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp\",\"datePublished\":\"2022-12-09T05:28:00+00:00\",\"dateModified\":\"2022-12-17T09:40:05+00:00\",\"description\":\"Jordan Belfort, a former stockbroker whose memoir was made into the movie \\\"The Wolf of Wall Street,\\\" gave some advice on Bitcoin and Ethereum. According\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp\",\"width\":862,\"height\":485,\"caption\":\"ftx collapsed\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptometer.io\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FTX Collapse is a scam, according to Jordan Belfort\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\/\/www.cryptometer.io\/news\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406\",\"name\":\"Shorts\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"caption\":\"Shorts\"},\"description\":\"You don't have to spend a lot of time reading long news articles. In order to save your time, we summarize long articles into sort lines so that you can keep updated yourself .\",\"url\":\"https:\/\/www.cryptometer.io\/news\/author\/shorts\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FTX Collapse is a scam, according to Jordan Belfort","description":"Jordan Belfort, a former stockbroker whose memoir was made into the movie \"The Wolf of Wall Street,\" gave some advice on Bitcoin and Ethereum. According","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/","og_locale":"en_US","og_type":"article","og_title":"FTX Collapse is a scam, according to Jordan Belfort","og_description":"Jordan Belfort, a former stockbroker whose memoir was made into the movie \"The Wolf of Wall Street,\" gave some advice on Bitcoin and Ethereum. According","og_url":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/","og_site_name":"CryptoMeter.io","article_published_time":"2022-12-09T05:28:00+00:00","article_modified_time":"2022-12-17T09:40:05+00:00","og_image":[{"width":862,"height":485,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","type":"image\/webp"}],"author":"Shorts","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Shorts","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/"},"author":{"name":"Shorts","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406"},"headline":"FTX Collapse is a scam, according to Jordan Belfort","datePublished":"2022-12-09T05:28:00+00:00","dateModified":"2022-12-17T09:40:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/"},"wordCount":203,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","keywords":["bitcoin","FTX"],"articleSection":["Market Updates"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/","url":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/","name":"FTX Collapse is a scam, according to Jordan Belfort","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","datePublished":"2022-12-09T05:28:00+00:00","dateModified":"2022-12-17T09:40:05+00:00","description":"Jordan Belfort, a former stockbroker whose memoir was made into the movie \"The Wolf of Wall Street,\" gave some advice on Bitcoin and Ethereum. According","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#primaryimage","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","width":862,"height":485,"caption":"ftx collapsed"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/ftx-collapse-is-a-scam-according-to-jordan-belfort\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"FTX Collapse is a scam, according to Jordan Belfort"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406","name":"Shorts","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","caption":"Shorts"},"description":"You don't have to spend a lot of time reading long news articles. In order to save your time, we summarize long articles into sort lines so that you can keep updated yourself .","url":"https:\/\/www.cryptometer.io\/news\/author\/shorts\/"}]}},"jetpack_featured_media_url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/ftx-collaps.webp","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=399"}],"version-history":[{"count":2,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":403,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/399\/revisions\/403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/400"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}