Graham Stephan Removed Incriminating Evidence from Videos Promoting FTX

In the video below, I show that Graham Stephan tampered with evidence in the $1 billion FTX class-action lawsuit filed against him and other YouTube influencers. See here and here. 

As you will soon see, Stephan spliced out a portion from a video he originally published on August 6, 2022, where he promoted and endorsed FTX.

Stephan pulled the same dishonest (and possibly illegal) stunt with other videos where he promoted and endorsed FTX and other cryptocurrency products and services.  

He also removed text discussing FTX and FTX affiliate links from these video descriptions. 

Below, you will see that Stephan removed his incriminating endorsement of FTX from the video (originally published on August 6, 2022) in early 2023, after he was served by the plaintiff who filed the FTX class-action lawsuit.  

Fortunately, I saved the original video that contains Stephan's endorsement of FTX.  

Unfortunately for Stephan his removal of his content endorsing FTX is probably considered as evidence tampering, and could pose as a huge problem for Stephan given that it is often treated as a criminal offense.  

The lawsuit against Graham Stephan and other fake investment guru scammers on YouTube is a civil proceeding, so I'm not sure how evidence tampering is treated.

However, given that the SEC is involved with its own investigations into FTX, Stephan could be subject to criminal penalties in conjunction with any investigations conducted by the SEC, FTC, or other government bodies because of his evidence tampering.  

What did Graham Stephan do to land him in deep trouble anyway?

First, he accepted payments in exchange for promoting FTX. 

What's wrong with that? 

First, all cryptocurrencies are complete scams. This is a fact.  

Second, all cryptocurrencies facilitate illicit activities such as money laudering, drug and human trafficking, terrorism and so on. This is also a fact. 

This means that anyone who is compensated in some manner to promote or endorsement cryptocurrencies could potentially be held liable in civil or even criminal court. 

Third, FTX was selling securities which have not been registered with the appropriate regulators. 

Many state securities regulators along with the SEC concluded that FTX was selling unregistered securities (although I'm not sure that the SEC's stance on this has been made official yet). That means anyone who was compensated to promote FTX was also involved in selling unregistered securities. 

This creates some potentially big problems for Stephan.

Fourth, Stephan failed to disclose the amount of compensation he received by FTX for promoting it.  He didn't even disclose that he was receiving compensation, which makes things even worse. Thus, Stephan could face problems from the FTC given that he never disclosed compensation for any affiliate links and endorsements according to FTC guidelines. 

Finally, let's not forget that FTX was operating a crypto Ponzi scheme.  

In fact, if Stephan and other YouTubers who failed to disclose compensation aren't fined by the FTC, I would have to consider these laws to be a complete joke.    

In early 2022, I posted several videos on YouTube warning Stephan and other YouTubers that they were violating federal law by failing to disclose affiliate and endorsement compensation according to FTC guidelines. I also posted numerous comments on their videos informing them of this "oversight." 

I even posted the FTC guidelines for them to see. 

I was actually trying too help them avoid criminal violations.  

Despite having seen these videos and having read my comments pointing to their lack of adequate disclosure, they chose to ignore my helpful and friendly warnings. 

If they didn't care to abide by these basic and commonly known guidelines for affiliate disclosure, do you really think Stephan and his gang of fake investment gurus would even consider the risks involved with backing what was being discussed by SEC officials as an unregistered security? 

Even famous singer, Taylor Swift reportedly turned down a $100 million FTX sponsorship in 2022 because she was worried she would be promoting unregistered securities.

I think it's safe to assume that Swift isn't exactly up to speed on investments or securities laws. But she was wise enough to act with responsibility and caution in order to preserve her reputation and career.   

On the other hand, Tom Brady, Larry David, Shaquille O'Neill and several other celebrities didn’t care whether FTX might possibly be considered as an unregistered security. They're among the 11 celebrities named in a separate $5 billion class-action lawsuit for promoting FTX.

Understand that all celebrities have well paid agents, lawyers, and advisers by their side who should have known this was a very risky if not potentially illegal sponsorship deal to take.

Therefore, I have to believe these celebrities were warned of the risks, but opted to look the other way because they're greedy money-worshippers. 

Social media and YouTube influencers who position themselves as investment gurus had no excuse for promoting the FTX Ponzi scheme.

Furthermore, they were well aware that FTX was being discussed as an unregistered security, but they decided to focus on the money while disregarding the risks. 

This alone should tell you how clueless they are as investors. If you don't understand how to identify and measure risk, you won't do well as an investor. Yet, millions still flock to these incompetent scammers for investment advice. 

Remember, these fraudsters were making stock recommendations to millions of people, claiming they understand stock valuations, and everything else about investing needed to come out with daily videos talking about stocks and other investment content. They positioned themselves as credible investment experts to a large audience of naive and foolish would-be investors on YouTube.  

I actually published several videos in 2022 calling these frauds out and warning people about the completely useless and dangerous investment content on YouTube published by what I identified as thousands of idiots and scam artists. 

YouTube fake investment gurus like Graham Stephan, Meet Kevin, Tom Nash and the rest of the scam gang knew something was not right with FTX. But they looked the other way because they are money-worshippers, so they have no limits as to what they will say or do in order to line their pockets.

If there is one thing you can do in your life to reduce the odds of being deceived or scammed, it’s to avoid money-worshippers.

The second thing you can do to reduce the odds of being scammed is to not have a greedy mindset. Always remember that it’s quite difficult to be conned if you’re not greedy. 

Needless to say, I regard each and every YouTube content creator who monetizers their channel as a sleazy money-worshipper. You can think what you want, but after having monitored YouTube since 2006, I know how it's changed and transformed creators ever since Google bought it. It continues to get worse each month. 

Those who have small channels might not appear to be in it for the money, but I’ll guarantee you they are. They’re just waiting to get more subscribers before they go all out in full scam mode.

Let’s hope Graham Stephan and the other fake investment gurus face harsh consequences as a result of scamming tens of millions from people with their scammy affiliate links, endorsements for scammy companies, useless courses, and selling advertisements for other scams and scam artists.  

Finally, the ability of YouTube channel owners to alter video titles and descriptions, as well as splice and insert video footage after the content has been published demonstrates that YouTube has been intentionally designed to enable scammers and crooks to mislead the public by enabling them to erase their past scams and destroy evidence.  Thus, YouTube creators are effectively able to constantly recreate themselves over time by erasing and altering previously published video content. I've seen this happen with many YouTube creators, many times. 

And let's not forget that YouTube also allows channel owners to delete comments that expose the truth about these scammers so that many people read only positive comments from delusional and naive viewers. This sways people into thinking the person and content is legit and valuable. This is a complete scam. 

In order to scale the bear minimum requirement to qualify as a legit publication, you can not alter anything in a publication in any way unless you disclose it to the public. YouTube allows channel owners to alter all content after it has been published in any way they see fit. And almost no one catches on after changes have been made to the content. YouTube has created a mechanism which facilitates scams and fraud.  

As I have discussed on numerous occassions, YouTube is not only the world's largest platform for scams and scam artists, it's actually been transofrmed into a massive criminal factory that facilitates scams, scam artists, fake news, pedophilia, illegal prostitution, human sex trafficking, and pornography. 

Instead of safeguarding the public against channel owners who publish illegal, scammy and deceptive content, YouTube is only concerned with censoring what it considers as "hate speech" according to guidelines set forth by the world's largest hate organization, the ADL.   

It's way past time that the YouTube crime factory be completely and permanantly shut down.  

By the way, somewhere in my 300 TB archives I have more of Graham's original unaltered videos, as well as countless videos of other YouTube scammers.