Matthew Cox | Inside True Crime Podcast - $32M CELEBRITY CRYPTO SCAM EXPOSED! | Fraudster Founder Reveals EVERYTHING!

Episode Date: July 13, 2025

Stop leaving yourself vulnerable to data breaches. Go to my sponsor https://aura.com/matt to get a 14-day free trial and see if any of your data has been exposed⁣⁣Matt Cox sits down with guest Ray Trapani to reveal how his crypto project Centra Tech scammed millions. Ray explains how he and his partner pumped up their crypto coin, paid celebrities like Floyd Mayweather and DJ Khaled to endorse it, and faked partnerships to lure in investors — pulling in over $30 million before the feds shut them down.⁣⁣Ray's links⁣https://www.netflix.com/ie/title/81507283⁣https://www.instagram.com/raytrapani/?hl=en⁣⁣⁣Do you want to be a guest? Fill out the form https://forms.gle/5H7FnhvMHKtUnq7k7⁣⁣Send me an email here: [e-mail]⁣⁣Do you extra clips and behind the scenes content?⁣Subscribe to my Patreon: https://patreon.com/InsideTrueCrime ⁣⁣⁣Follow me on all socials!⁣Instagram: https://www.instagram.com/insidetruecrime/⁣TikTok: https://www.tiktok.com/@matthewcoxtruecrime⁣⁣⁣Do you want a custom painting done by me? Check out my Etsy Store: https://www.etsy.com/shop/coxpopart⁣⁣Listen to my True Crime Podcasts anywhere: https://anchor.fm/mattcox ⁣⁣Check out my true crime books! ⁣Shark in the Housing Pool: https://www.amazon.com/dp/B0851KBYCF⁣Bent: https://www.amazon.com/dp/B0BV4GC7TM⁣It's Insanity: https://www.amazon.com/dp/B08KFYXKK8⁣Devil Exposed: https://www.amazon.com/dp/B08TH1WT5G⁣Devil Exposed (The Abridgment): https://www.amazon.com/dp/1070682438⁣The Program: https://www.amazon.com/dp/B0858W4G3K⁣Bailout: https://www.barnesandnoble.com/w/bailout-matthew-cox/1142275402⁣Dude, Where's My Hand-Grenade?: https://www.amazon.com/dp/B0BXNFHBDF/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1678623676&sr=1-1⁣⁣Checkout my disturbingly twisted satiric novel!⁣Stranger Danger: https://www.amazon.com/dp/B0BSWQP3WX⁣⁣If you would like to support me directly, I accept donations here:⁣Paypal: https://www.paypal.me/MattCox69⁣Cashapp: $coxcon69

Got a developer to create the coin. I figured out this method where I would just keep pumping the price of it. Two million comes in over a couple hours. Floyd Mayweathered endors it. 10 million comes in. DJ Khalid, he brings in a couple million. In the documentary, the first line is I always wanted to be a criminal. The messed up part is I spoke for about an hour about my childhood abuse.

That's all gone. And they cut that part out. I was born in Long Island. My childhood then, like when I was very little, the only really, like, fucked up part was like a hip-up. by a bus when I was like five, six, dragged like a hundred yards. But just because, like, my mom was, like, gardening in the front, kids running around, my brother was, or actually one of my friends across the street was jumping on the school

bus, and he was, like, I was just going to say goodbye. I was riding my little bike across the street. And then as I was driving back, bus took off. I caught me and went under 100 yards. The craziest thing is the fattest kid on the block was the one that ran and caught the bus and stopped the bus. Like, even, like, at a young age, I still remember that.

That's, like, my one trauma vision as a child was fucking being ran over by a school bus. I don't understand how you were dragged. What do you mean you were driving? Were you in the wheel well or something? Like, basically, like, I went under, and the bike was underneath me, and then, like, my hands, I grabbed onto the bottom,

and my hands were burnt. And then they basically picked me up in, like, a helicopter. Right by, like, where I lived, there was, like, over the bridge. There was, like, this grass area. A helicopter landed. like flew a helicopter to the hospital i was fine just like burnt hands but yeah that was uh like

my first fucked up story as a kid you know um and i you know i was okay and then from there my grandfather was like the connected i don't know what exactly he did but he was definitely well connected you know in the documentary they they portrayed as like mafia i mean i don't know what he did he always had money he was always like uh the handler of everything right Right. So then my mom went to nursing school as a single mom, became a nurse, and she was just the one supporting us. Then married this guy, Dave, and he was air traffic troll. It did decent. And we were able to move into like a bigger house. So it was like a shitty house. And then we moved into like a bigger house. But he had two step brothers. So like I ended up having, he had two step kids. Oh, he had two kids. Right. Right. So I ended up having me, my two brothers and then two other boys that are both older than me. There was five boys. and then my stepdad and my mom. And then they both worked like crazy hours.

My mom was a ICU nurse working like, you know, 60 hours a week, busting her ass. And my stepdad was like an alcoholic air traffic controller because he's just sitting in a dark room all day, telling planes where to go. It's comforting. My childhood was pretty decent, right? Like Atlantic Beach was like a good town to live in. But we just didn't really have like a lot of supervision because both parents were working a lot. And he was just like kind of like he would drink and then just.

be absent and just be in his room and my mom would be busting her ass and like the mortgage was probably over the both of their heads like essentially like a lot of you know typical jobs i think that's like what leads a lot of people into crime is like they see their parents just working like as a wagey or whatever the fuck you would call it right and uh they don't want to do that yeah they're like i don't want to these these people are just work out they're they're never around they work all all day and they still don't have money yeah and you're little kid and you're like and we still have not Yeah. So then my two older brothers, they were both selling pot. So, like, I was like, you know, that seems like an avenue there. And then my, my best friend at the time, his older brother

had ended up being, like, the biggest pot dealer in all of New York. Like, so my two older brothers are basically getting there from him, like, you know, just to go back a little bit, they're getting their way from him. And he's basically just like, to me and my boy who were in, like, eighth grade, just like take, you know, here's an ounce, here's a couple ounces and do whatever you want smoke it excel it so we're just like bagging it up and and trying to learn how to sell right because he like I would go to his house and there would just be like a million in cash in there and then I'm at home I'm like you know everybody's broke so like there was like kind of um no other avenue for me that I saw as a kid just like my grandfather I looked at it as like a kind

of a criminal like mafia guy then my old two older brothers are making their money from selling pot And I'm like, all right, so, you know, what's my path? Then my best friend, I see all that money. And then my mom and stepdad are busting their ass and kind of, you know, struggling. Have you ever Googled your name? With one quick search, I can find all of your information on very sketchy websites. Your phone number, your old addresses, want to know how scammers get your information? This is it.

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identity theft insurance just in case. It's like locking every door in your digital house. Go to aura.com backslash Matt to try Aura for free for 14 days. You'll see exactly where your information is being sold. I'm not leaving myself wide open. You shouldn't either. Once again, that's aura.com backslash Matt for a free 14-day trial. And this is all. on long island yeah this is you know saying like it sounds like the story it sounds like that sounds like a common story of everybody that we've had that grew up in the projects you know what i'm saying it's like everybody i knew was struggling except for my cousin who was selling drugs you know or this cousin that's like the only the only people that looked successful in their circle were the people

that were selling drugs and as a result you go okay well i don't want to go get a job at walmart and barely be able to pay my rent. So this seems like a better, more, you know, I'm going to say, I don't know, say funner. Seems like a better, you know, more exciting, more lucrative way to go. To be fair, like we lived in a good neighborhood, right? Like, it wasn't like we were poor at all. But it's not like the stock. It's not like your stepfather was a stockbroker.

Yeah. He's a W-2 employee. So, like, everybody in my town was either. But they make good money. Air traffic controllers? Yeah, don't know. He was making probably 200 a year. Oh, that's fucking great money.

Yeah. But, like, the thing is, is that they're, you know, as a kid, you're not seeing any of that, right? Like, I never went to Disney as a kid. We never really went on much vacations. And if we did, it was, like, my grandfather taking me on something. And, like, that was, like, my grandfather took me on a cruise at, like, 16. I remember losing my fucking virginity, you know? And, uh, like, he just gave us a card and we can pay for everything.

So, like, looking at people like that, that's who I idolized, right? Like, my dad wasn't there. so like i'm idolizing i'm not idolized my stepfather to me was just like a you know abusive stepdad to my to my mom so i kind of always just hated him i didn't give a shit about like the the little like the house that we lived in you know it wasn't like a beautiful house right you know five boys just making a mess in a in a decent size house so um from there um then like what really went left was uh one of my stepbrothers basically started molesting me like at like really young like eight years old so that happened from like eight to twelve i was being like

taken advantage of by my stepbrother that lived in the house and i always thought that like literally everybody because like i felt like it was so obvious i felt like my mom my stepdad my my brothers all knew so like i was like had this thought in my head like everybody knows but no one's doing anything so like i had like this vengeance like i used to literally like be like so like like title or like you know in my head that i would sit in the but i was also like charismatic and like like people like me you know like i was kind of popular i would literally sit in the in the mirror and sit there like i'm the best i'm the best that's what kept me alive by just telling myself i was the best in the mirror um so like i i believed in myself and but i always thought like no one

was looking out for you looking out for me right i and i was i was the youngest out of the whole everybody in the house. So when I had that like first opportunity to start selling pot, it was like eighth grade going into ninth grade or whatever it was around that time. I just basically like I was a chairboy. Like I took a job as a chairboy and in my town was like basically just basically bring down the chairs for the residents. Okay. So everybody in my town is either really rich. Like you have like stock brokers, those type of people or you have like the people that just a wagey's work regular jobs blue collar guys firefighters in one half and then the other half is like the so it's like they're either they're either the rich people or they're the service service

yeah oriented types yeah like exactly so like a lot of the kids like the jewish families they're all like super rich and just like you just see them and you go to the like you know you hang out with those girls and their family's just mega rich and then you you know you go back and it's like kind of you felt like you were struggling even though like it wasn't that bad of a childhood right like considering all facts of like what other people live through right besides like the the bad shit that's going on inside the house um so from there i when i first start selling pot i basically like i became a chairboy because like as a chairboy you just basically like everybody's going to the beach and you're just like i basically gave someone like the job to

take down the chairs and i would just sell in that uh or or sell pot or in that basically like shack that they gave us right i would just go to the you turn it into a trap house yeah i just turned yeah i was so crazy it like grew so fast because he was giving us so much pot um that i would just go there with like my backpack and i was so young that the cops wouldn't even look my way right like i'm riding like a long board skateboard and i would just have like a scale with like a pound in my backpack and i would just be bagging it up at the the shack and kind of just you know riding my long board from like beach to beach just dropping off and my first summer I made like 10 15K as a like at that age was amazing right and then I remember just like going to

school the next year like finally getting at the high school and I just had it all in cash in my pocket every day like I was I was that kid right like in ninth grade just like walking around with a stack of 10K like in 20s just like a douchebag but like you know just showing up with it but it made me probably very arrogant towards like the teachers right right i was like you guys are just like just like my mom just like my stepdad right just working these jobs i'm going to be bigger and better than everybody right even though i was doing you know the wrong thing criminal things it felt that way how long does this go on i mean do you get caught no i never got caught okay i basically did that all through uh like high school and then around 16 i uh got like i was i also started like playing a lot

poker like high like at the time high six poker for me was like a 500 dollar buy and and all the orthodox jews ran the games in my town and uh i was like this like 15 14 year old kid playing in these like 500 dollar games and um me and it was like my other friend whose brother was the the big pot dealer and we were just like became like poker players and drug dealers at the same time and uh that was like when poker first got hot like i don't know if you you were into poker at all but like a guy named Chris Moneymaker won the World Series of Poker and online poker, they were like, boom. So, like, everybody was trying to play poker.

What year was this? You can probably look it up the year Chris Moneymaker won, but his name was literally Chris Moneymaker. So I could, like, even popularize the sport even more, whatever you would call it, like, even more. So, like, we're playing, like, online poker. 2003 is when he won. Yeah.

Yeah. So I'm 12 at that point. You're 12. I just gone on the run. So, yeah, so, like, poker and pot were, like, my two, like, things at the time. And then I got in a bad car accident at, like, 14, 15, a car, like, I was coming back from, like, a poker game, and this kid was all taking Xanax, driver. And he flipped the car, like, 20 times.

And my whole face got, like, chopped all, like, chopped into pieces. Were you in the call? Yeah, I was in the backseat in this little Pontiac, backseat of a coop, and knocked over two trees, telephone pole. My whole face gets chopped up. I have like, I still have glass to this day in my eye. And then I sued him and I got 70 grand at that age. And I was like, all right, time to elevate my, my criminal game here, you know.

Like, you know, you have like 10, 20K, you're spending money, you're losing, you're gambling, whatever. But then you get 70K. You're like, all right, what am I going to do here? So I ended up getting my grandfather to co-signed apartment at 16. So I'm in high school still. I have an apartment that's like 10 minutes from the high school. school and i'm like right i'm gonna i'm gonna i'm gonna i'm gonna go into blow because like i was also starting to do like xanax and oxycotton at the time um so like i was just like partying every day

trying trying a little what is your mom saying i mean she's got it she's got a yeah my mom gets mad after every podcast i do because i because my mom's amazing right like my mom was always there she she like she's the one that took me to rehab 16 times she was the one that like bailed me out every situation um like i when i do podcast i don't ever give her enough credit you know like she was a good woman and busted her ass right um and like now like since i i i never talked about like the being taken advantage of as a kid until very recently which um like they all like my whole family was there i told them about it and they all cried and like i i believe that they didn't know right like for my whole still up until like recent i didn't i still thought they knew yeah but as a little kid

you you did feel you felt that way i still now look back and kind of go even during central like my 20s i still was like fuck my family you know right like i really felt like they all knew and no one did anything so but my mom was always there she was always like you know a really good person and like the times where like things would go left like uh you know get in trouble or whatever it is she would always be the one that shows up and so why she's mad at you No, because, like, because everybody says, everybody says, where was your mom? Like, she didn't notice this. She's not asking questions.

Because I always say I had no guidance, right? Right. And, like, it's not her fault that I had no guidance. My dad left. She's working 60 hours a week. She's busting her ass, exactly. The guy that's there, the husband that's there, when he's there, he's drunk and laying in bed or in the bedroom watching TV.

And he's not really paying attention. Yeah. Then, like, around that same age, like, my, like, my older brother, like, got bit and he was taking Xanax and he was probably doing a little test. testosterone and we ended up just jumping with my stepfather like when they like you see like was yelling at my mom and my step brother i mean my brother just got like super was like fuck this guy and just we just he went outside he really handled him and uh after that he just left so like that was that it was just like a big mess you know like a lot of like uh uh yelling and screaming in the house

right like so that type of stuff is never good for you know any sort of kid right um but yeah like I ended up getting my grandfather to co-sign from me. And, like, he kind of, my goal as a kid was to, like, be, like, under my grandfather's wing, right? Like, I just wanted to be, like, in the mob, right? Right. I really always had these aspirations. Like, that's why the documentary starts as I, like, in the documentary, the first line is

I always wanted to be a criminal. I remember that. Yeah. But the, the messed up part is I spoke for about an hour about childhood, like, like, my childhood abuse and they cut that part out, you know, so, like, they just, demonize you as much as possible and if you watch like any documentary from Netflix about women criminals they're like they're like cool you know yeah yeah no you well first of all I don't I don't even think I watched it and I didn't come

I didn't come come come off with you being um them demonizing you I just thought they he's just it looks like you were a guy that kid with the raise and um you know know in a good in it it doesn't really focus on a bad environment doesn't say anything about that really that i know of or that i can recall just made me think you were arrogant that was it that you just come on very arrogant but that's it i don't know i i didn't walk away thinking wow what a fucking shit bag like he was stealing and doing that you know what i'm saying it just it it's i felt like you just got over your head you know but but um the thing is with the documentary right is that they they clip it right so like i filmed for a hundred hours yeah and uh and uh

And like, first off, even in the story down the line, I'm not the main guy in the century, right? Like, I'm the second, I mean, we're like both the head guys, but the, the Indian kid was really the main guy, right? They just needed a character to be the main guy that was a white, good-looking guy. And, like, they just wanted. You're the better villain. Yeah, I'm the way better villain than some, like, random Indian kid that, like,

no one really cares about at this point. Right. Well, they do that with everything. Like, you know, war dogs, right? like Wardogs like they focus in to get the real story is David Packhouse but he's not the more interesting character more interesting character is Ephraim de Veroli they focus on this guy over here but really it's his it's David's story they focus on the one that they think is going to get the most views yeah you know whether that person is the worst out of the two or not because it's not

always that the case and and they also sent me like a first cut of it and it was like so much better and like more like Wolf of Wall Street where they told like the fun sex stories and drug stories and like it like was like lionizing in a way and i was like oh this is great like this is going to be like wolf of wall street like in a documentary form and then they sent it to like a hundred people and then they they let them review it and then they came back and just i never saw the second cut comes out and i look like you know just like a arrogant piece of shit yeah but you know it it also is much worse in your mind every time i ever read and used to read articles about me every single time i was i was furious the first time they called me i read they referred to me

as a con man. Like, that's bullshit. You don't know me. They don't know. They don't, you know, but the truth is now, now that I've got, now that I've really looked into it and really kind of stepped away from it, I wrote a memoir and did all these things, like they were accurate. You know what I'm saying?

Like I was a con man. You know what I was a fraud. Me too. Yeah, I agree. You can justify it when you're going through it. I'm not a bad person. Then you look back on it. You're like, I can see how they made me look like a shit.

I just think they could have made a better documentary showing the fun parts. Oh, yeah. Listen, every time I watch American Greed. date like any of those things i'm like man like all the good stuff they left out like to me the stuff that but see that's the stuff that would make me look good yeah they don't want to do that that's not their goal yeah but they wolf walter was so good because of that yeah yeah like i'll bet you he hated that movie i mean i don't know that but i'm saying i mean he seems like he like he i don't know i because like it is like even with me the documentary for instance right like

it got me back into like the funny thing is it got me back into the space and like i i work as an advisor you know to my brother's company and like i do well just based off like that documentary happening if that documentary doesn't happen like they had taken everything from me right right so like it helped me yeah so like at the end of the day i'm happy the documentary came out no matter how it the you know like i could say the worst i'm the biggest piece of shit on this podcast and and portray myself however but just you know the internet is the internet the the more eyes you get you know the better you better end up doing business no people are going to No, no, they're going to, people idolize me.

And I'm like, why? Why? Like, bro, like everything I'm, everything I just told you. And they're like, bro, you know, I can't you consult with me on my business? Are you insane? I get the fucking, you know how many emails we get? It's crazy. It's nuts.

And I'm like, no, I'm not going to do. Because my fear is anything goes wrong. They're going to be like, we hired Matt Cox as a consultant. Next to you know, I'm talking to my federal judge going, I know how this looks. Yeah. You know? I still advise crypto projects to like, to this day. And like, now the space is even crazier.

Like the space now, like I wouldn't even been charged today under Trump. Like they've literally removed like that whole division. You know, but let's go back. Yeah, yeah. Let's go back. So you're in high school. You're selling drugs. You're living in your own apartment.

So I wanted to elevate my game, right? I had 70K, really 50K after I paid the lawyer. I get this apartment, a little shitty apartment in the hood. Like I literally moved from like a nicer town to a shittier town. And I end up letting like a couple of my friends would just stay over or whatever. um so i buy 10 ounces of a blow like my first buy i end up meeting this like crazy dominican guy doesn't speak english i ended up having like my spanish friend come in the car with me and uh i was just like first off 10 ounces as like your first buy like you have no idea what you're doing is

is like an insane amount right um and then like we take that upstairs and we just start bagging it up and we're like you know we don't even use gloves anything like trying to like figure out the denominations and ended up touching our faces you know like by the end of the night we're like our whole faces or not my i never the reason i wanted to get into the blow game was because of i never did it right so like i wasn't an upper guy i liked doing downers and like zanax and oxycodden and stuff like that um so it was just like a wild night listening to music you know and just uh that that basically got me into the game and ended up killing it in that industry right like that was like my bigger like going from from pot to to blow is like such a better business

especially if you don't do it because it's just people can't stop right like they just keep coming as sad as that sounds and then had some rich customers that just were just endlessly buy um but yeah that was like basically my high school years right and then uh sooner or later like i ended up like getting too addicted to to oxies and kind of going down a bad path and and and just spending way too much money, like to a point where I was doing so much that it was like, just like no matter how much money I made, I would sooner or later just blow all my money, right?

Like any addict is the same way. Like I was always just chasing more so the high and the life of just like shopping, buying things, gambling and doing, you know, whatever drugs I was doing at the time. So that led me to probably going to rehab very early. I think my first rehab stint was very early. like soon of that i went broke went to rehab and then i i i got out and i kind of just like because

i um was such like a big dealer i end up like starting to just like take tell customer like because i was also like i think the next real thing is like the the fraud for the prescriptions um so like i basically ended up getting like someone someone just like came to my house when i was selling oxy counting because during selling blow started selling just about everything right someone had ecstasy the deal i'd be like right let me get and i'll sell them you know so when i started selling like perks and whatever paint pills whatever it was um uh one kid shows up in my house and he just has like a doctor's pet he's like yeah i swiped it off the doctor's thing and i'm like these fucking doctors you know i've heard that a few times like what are these guys doing just leaving the shit

around like yeah and he was just like a fiend right like he was just like a drug addict that like was going to the doctor trying he's like yeah i just stole this pet i'm like let me see what i can do i'll just like i'll just like i get like a few few pills for it and he just gives me the pet you know like he didn't know what to do with it and then i found like that during the poker games there was this orthodox jewish kid that was like a professional writer and i was like all right so i sent someone to that doctor to basically get a prescription for anything adville tyloan or whatever just say you have a headache get a prescription so i can see his handwriting right and then i gave it to the orthodox jewish kid and he copied it

because i already knew what a oxy script would look like because uh after the core accident they prescribed me oxies like i was just like matched this to this doctor's name and uh you know i wrote out one and i had some kid going to the pharmacy and it worked and i was like you get 120 oxies and they sell for 20 a pop on the street that's 2400 and i had a book of them right so like now i have this like pad i'm like all right get as many pads as you possibly could you only went on for like two pads but each pad is 100 pages or whatever amount of pages it was and um i basically had like me i filled a couple and then i ended up having like hundreds of other kids filled these pads and I would give them like 40 pills just for filling

it and I would take the rest at that time was like this is like my biggest elevation of finances like I was like and I'm going to be rich off this right all right like if this can keep going on this is going to be crazy because like now I'm making 2400 times 100 that's 240k you know you subtract whatever you're giving back to these people and um that was like and I'm probably at this time like 18, 19, and I ended up going through two pads and that was like my first arrest really was like prescription fraud.

And they only had charging me for the ones that I filled. You know, even though like I was kind of leading in the charge, they ended up just charging me for two counts of prescription fraud and, you know, but that time was like really like

just like my first real come up where I'm like young and I have like hundreds of thousands in cash. I have all these pills in my freezer um so like i i i really just like every single step throughout my life like i went from the pot making 10k the blow i started doing you know bigger numbers and then the the pills like really like just like went through the moon you know and uh then i got in trouble for that and i just get in trouble with that so they just i was i was out and then like two federal agents not federal they were like just like the detectives uh state detectives showed up to my

house where my mom lives and we're like where's rachel panty and my mom calls me like you have to turn yourself back i'm like oh shit you know would you just get named like it doesn't tell like it was a well like a controlled buy or they would know where you live no no no you fill the prescriptions under your name oh yeah yeah yeah okay okay yeah so and probably these kids that are getting picked up are all saying boom this is the guy yeah yeah yeah but they don't know where you live yeah for a while they're like i was like at that point very ghetto like i was dressing ghetto like i was getting like everybody knew I was the dealer, right, for everything. So, like, the cops would pull me over, but they never, like, I always was just so good

at tucking it under my balls that they never caught me. It was fun. Like, I've been searched so many times as a kid, and it was just always in the same spot right under my balls, and they never caught it. So, so would you turn yourself in? And what does your mom say? So, like, my mom is, uh, I don't want, you know, she's going to get mad to me again, you know, but, but, but, like, um, partly she would just kind of say,

we got to handle this right like like you know we'll get a lawyer we'll get the best lawyer in town whatever my you know my grandfather would help you know or i'll pay it whatever it is and um i turn myself in we get like this guy mark ann shout to mark and he's a great lawyer he handled all my childhood cases right uh i still love that guy to this day but you know he was um just like the best lawyer in in long island and uh he ended up getting me drug court and at those times like you know drug court was i just got sober basically right like you just like go show up take a piss test and kind of you're you're free you know you just go to probation go to the other place and that's it okay so and but what are you doing now you can't are you still selling so like i was like

selling on and off but then like my grandfather's like all right let's try to get you straight and got got me a union book it's like he was a head elevator inspector of new york city so like i i don't know of you know how like the new york city um unions work and who runs them and whatnot yeah you have to have so many union jobs you have to pay so much but and in some cases whenever the mob's involved and they'll get like a kick they're all well yeah the mob is and they basically run all of the unions right so like to get like into the union basically like the way i did you have to have some sort of connection right like basically most people have doing apprenticeship those are the guys that don't have connections right uh me they just basically gave me a full book right away uh i do one week usually have to do like three years

as an apprentice i did one week and i got a full book so i'm making like you know fifty dollars an hour at like 19 and this is like a real job i have a pension i have all these things but i'm like you're knuckleheads yeah yeah yeah you know they got me like uh building scath i did scaffolding that's really like what i and i worked my first job was at the world trade center new world trade center right like i was literally at the top i signed the point of the top of the world trade center i'm sober trying to stay sober like taking these drugs test and that went on for like a couple years and that's like my break of like kind of crime right like i was still doing like a little bit of shady shit here and there probably um but like it came to a point

where i was just like i need to get rich i always wanted to get rich right like that was like my goal so i would just like take my paycheck from construction drive down to ac and and just you know play poker basically the whole time or and gamble and try to like run it up and most of those nights you end up like you end up playing you drive back literally like where like you're running through the towboots because you have no money to pay for them you know but sometimes you win you know like like uh like my life was always uh very much peaks in valleys right like uh i never really had like this you know steady like as it is now even now it's up and down you know but um yeah so then from there i'm like all right i i one day i had a girlfriend at the time i'm like i'm moving

to Florida like I like oh I went to visit my friend in Florida and I'm like I like it down here I need a change right like I'm just like and like that's like when um basically the memo thing happened like basically like I went down to visit him and I basically like we were just like sitting on the balcony smoking joint I'm off I finally get off drug court whatever graduate they give you a paper you know I go whatever bullshit paper um where did you go though he lived in like Boka okay yeah So listen to you, so this is a problem, is that it, around kind of Fort, not Fort Lauderdale, West Palm, Boka, that whole little strip all the way to Miami, like, that's where, that's where all the mobsters go. That's where all the fraudsters go. That's where every guy, every, every stock broker that's running a scam, New York gets caught, goes to jail.

And then when they, they all go right down there. They all, like, and so in that general area, it's really not Miami. It's that general area of Ocadere, Fort Lauderdale It's fraud It's like so much fraud And it's not even little fraud The frauds that happen down there

It's never credit card fraud It's always This guy ran a hundred million dollar Ponzi scheme This guy ran it's always these massive frauds down there Even the stock frauds And everybody's just like walking around Yeah they're all driving Everybody's driving a Ferrari

Everybody's driving a Lamborghini Everybody looks great They're all amazing And then you start talking to them it's like 80% of the guys down there are they're all from new york you're like how do you have a Lamborghini in this bit like with this business like you're like washing cars yeah and that's joseph vitali same thing he grew up i think he grew up on long island i'm gonna send you this guy joseph vitali i wrote a story on him yeah and same thing he he went down there

he was going to the art institute is dating a girl whose friend is dating a guy who's a stockbroker and they all go to lunch one day the guy pulls up on a fucking Lamborghini he's your you know vitality's driving a 10 year old piece of shit he's like what do you do and the guy's like i'm a stockbroker why don't you come by gives him his card and he goes by a couple days later he vitaly quits everything he's doing just to be a stockbroker with this guy he's like i mean he was good looking he's got all the women he's got this amazing car you know and new york he was from new york vital it's it's right long island yeah it's a trap it's a trap you get down there around the island to south florida move is uh yeah it is funny like that like

everybody pretty much everybody i know it's kind of you know i maybe did much bigger things but they all kind of follow the same path or they're hippies and they just like kind of go down there to just do drugs and hang out on the beach yeah so you go down there so i go down there to like visit my friend because i'm like sick of construction i'm like i'm trying to find a way out and he was like one of my friends from back home and he we kind of did some shit together you know and uh we're sitting on the balcony uh in his room his roommate had just got locked up for like uh selling drugs and whatnot and um he you know you can tell you like wanted me to move down there you know he's like he he needed like a roommate yeah and uh i was on the thing and i'm like i downloaded

this is like when vamo and cash app just had became popular so like i downloaded those apps and cash app whatever i couldn't figure it out and then i randomly just like with vamo i downloaded vamo and i sent him like 500 bucks and it went like from a bank account that had just no money in it and it went through and i'm like how does he have and now he's got five hundred dollars from an account yeah and then he cashed it out and went to his bank account so like the next day like i like i googled like what's the limit on vamo and how much can you send you know like per day or whatever it is and it was like two it was three thousand right so you always do like a dollar less right so it doesn't

right yeah you know get the limit yeah you know some people understand what that logic but um so i sent him the rest like basically three thousand dollars um and it went through and like basically all that happened on my account when I sent the first 500 it like you know you get negative 500 and then it bounces and then you get like whatever charge on your bank account from from that you know bouncing yeah and he got the money in his memo so Venmo basically at the time when they built their app was like they were fronting the money before they got the money right from the account so this happened with when I spoke to Ian Bick he was saying this was the same thing with PayPal back in the day it's and it's kind of the same owners but

Yeah, they would front the money on one side and then you would just bounce off your thing and they would just keep trying to bill you and the other person would be able to get this money. So now I'm like, all right, I just made three. So they're not clawing the money back. So no, they, they, I got the money. It's mine. The person that received the money, they never even tried to claw back. Okay. Which was crazy. Like, you would always think they would try to claw that back. So, like, ended up just that with one, that one person, I would find another person that would send it like, because my account would get fried, right? Like the person that sent the money would get fried. But the receiver's account never would get fried, and they would never claw back. So, like, I just ended up starting to find, like, other people in town that would do it. And then, so, like, I fly back to New York. I'm still at the construction job. And I'm, like, I'm moving down there. Like, like, I figured something out. Great.

I got a new job. I'm going to drop the $50 an hour, child. Yeah. With the union and the pension. And she didn't believe it. Like, I got a Venmo gig. She didn't believe it. Like, it's so funny.

like uh like she was like yeah moving like and like literally she said she showed back up and i was just gone like i put my my bed everything in a car and just drove down there and um just started finding people and like three thousand dollars like i started i found like hundreds of people over like the course of a few months and just like cashed out on vamo basically what are these people getting for doing it i would just give them a cut like so like at first vamo like i would give them like 500 bucks like a lot of times it's you go back to addicts right like a person that if you tell an addict you can make 500 bucks and all it's going to happen is this new app that just came out you're not going to be able to use anymore like now vamo's like everybody's using it

yeah back then no one was using it they don't know what venmo is yeah so like they're like all right sure 500 bucks i can go buy you know 10 oxies or whatever the hell it is um so you know just kept fine and then like they started making harder where like you had to have like at least some history on the account but then I found out like if you just do one $5 transaction it still worked like once that like you so you put a bank account put $5 in it once that transaction actually registers on the sender's side then it would work again you can send $3,000 and it would just front the money a couple days yeah exactly so like it got a little slower and then after that they started making do social so like I just made like an Instagram page and I'm like you know

make money now type of page right and then I'll get these college kids like they're just so broke that they would just try to give me their social that give me all their information and um i would just run that basically with them so like with that i just like you know i i was like living back to living good again right um so long did that go on that probably went on for like three four months you know where i was like a good made a few hundred thousand on it at least maybe more like uh like four or five like type of thing and then i parlayed that into the car rental business so like basically at that time like the person I was living with the um I don't need to name him but uh he was like in the car business back in New York

with the the Indian kid that ends up being like the part my partner in the crypto business right so like they had a business we all went to high school together same group of people and I um he's like we got to open up some sort of business like he said we have good money we can't keep doing this like it's kind of drying out let's like try to parlor this and like he was right i was like let's develop a business plan the issue is like we needed to credit so like i end up getting some people that that were like would let me use their credit i would put the cash up and we got like our first couple cars like a fat girl no no i was like you said you know you ever heard that yeah yeah i know wasn't fat girls though but it's always the business plan for the black guys

in prison i'm going to get out i'm going to get a bunch of loans yeah how you're going to do that well i'm going to find a fat girl yeah it's horrible bro that's you know kind of worse fat white girl does it does they all love them so all right so you get some people with a good credit to get you the loans yeah so then we get a few cars and we what are the cars these are like my first car isston martin uh you know that these aren't toyota corolla it was the best uh like this was such like an elevation for me in business right like i was like i'm becoming like a real businessman here right i got like my first car's i asked to martin i had never like i drove down to florida and like i was working construction i was driving uh impala right like an old impala

and it was like a shit box you know it was like this ugly color so like going from that to then now having an assin martin i was like holy shit like this is like life changing um then we got like a few mazirates And then we partnered with like the biggest company in Miami and basically like had like offices shared offices with them. So like I had access to like every day now. I'm driving like a Lamborghini, Ferrari, McLaren, whatever car it is. And I'm renting these cars. It's great business by the way. Like that business was amazing. Because like As to Martin for instance, like the payment was like a couple thousand like two thousand a month. Insurance another thousand say three thousand. You rent it out for 700 a day. You know. So like if you rent that car out 20 days a month. you know you're making if you run out 10 days a month you're covering your payment you're still fucking you're still putting money a couple thousand today i want to do it right like with like get like two rose royces and in in in long island and rent them out just for proms and get a show first so no one else is driving them that was the issue with that business was that everybody renting them was like some scammer uh you know you're chasing out the car yeah well we had

trackers in the car are they driving nuts yeah just driving nuts just like brims and you know That would be my fear, like you're renting out a Lamborghini and, you know, the guy, people are drinking, they're trashing the cars, they're driving them like fucking sport, like, well, they are sports cars, but driving them like they're, you know, on the track or something. As a matter of fact, I have a buddy who, who rent, he's rented a Lamborghini, uh, the doctor several times. And I mean, he'll send me a video of him going with, with, you know, the, the cameras on the, the speedometer. Yeah. And I mean, he's like, he's doing the showing the, showing. he'll you know he's showing the road and then the you know the speedometer road speedometer and he's like woo and i mean he's going 115 miles an hour on 75 and it's a good road but it's 115 miles an hour and i mean it's wah and i'm thinking i had 200 once in a Ferrari that's insane like but to me it's like you know but this is a rental and then he's great because he gives it back to you but when it's you that he's given back to the one thing about that is that like you get umbrella

insurance for all the cars right so like a lot of these cars are depreciation depreciation depreciation is way faster right so like it's almost if someone totals a car you're almost happy because like it sucks when they scratch the rims and you got to argue to take their security deposit and you got some guy yelling in your face about five grand that they gave you for a security deposit right but when they total the car you end up getting the full value for the car when that car would have been so like you because like a lot of times you're trying to sell like you're trying to buy a car rented for a month or two sell it for like the same price you got it for without letting anybody know it was rented the whole time all right and then uh you know

you keep flipping cars and getting new cars okay that makes sense so like if someone totals it's you're like even though you have to wait on the money at that time we had access to enough cars that it was like not the worst thing right i'm just thinking why would you why wouldn't you buy one that was because they lose like half their in in three years the cars are worth half what they you know if you bought them they're 300 000 they're worth you know a buck 50 why would you buy them at a buck at 150 even though a three year old mazorati that's what he did you know what i'm saying like yeah all the cars i bought were all used okay like my my astamaran was like i paid 120 for it and it was like uh i forget what year was it so like at that time i'm trying to think like it was like a three year old car

you know it had like 10 000 miles on it but it had lost like probably you know i probably got it for 80k under what he paid for it right but it was still like brand new car but yeah like you're kind of happy when these cars get totaled in a way and you know like you still got to act upset yeah yeah oh you fucking I guess believe this yeah but insurance pays that out and um you're able to like kind of get it just a check and you know those checks are nice you know you get a new brand new car and uh you end up making money essentially by someone totaling your car so that business was good the only issue is that like me uh and the two partners at the time we're all kind of criminals our whole lives

right like um so you can't just you can't just kick back and and collect the checks and run run a business yeah we were so profitable it was so frustrating right like and this is my first business and like a lot of the loans for the cars are all in my family's name or my name and stuff like that so like when i started seeing like the books and like say we're making a hundred k or 50k a month and then like spending like just by going out to the club and i was never like a club guy like i'm like a low key kind of i liked being inside i'm not right like i i experienced the club thing if i'm going to experience the club thing i want to go to like a strip club um rent the strip club out and they're just like with 20 strippers by myself so the businesses you guys are

it would be profitable but you're just you guys are just pissing through them yeah so the business is profitable and you're also young yeah you know like 24 23 yeah you're not you're not realizing yeah what an opportunity you've got sitting in front of you and like for me like i'm part of the the issue right like i'm spending crazy amounts of money on like i'm back on drugs like uh i'm gambling i'm going to the casino every day and i'm going out to the clubs with them like they were like the first ones that introduced me to like the club scene right so like we're going out you got to get a table in miami and like it's crazy like you go to the club like club live for instance in in uh found in blue and if you want a table and you want bottles it's 20k you know like you're not

a bunch of girls you're spending like 20k you want like to show all off and get the bottles of Don P and be that guy, you know, it's at least 20K. I would never. That's too much. It's too much. I could never. I could never justify. I'm so, I'm so frugal.

Yeah, I would just, that, that would be too much for me. They introduced me to that. And I was like, I was a down payment on a fucking rental property. Trust me. I know. I know. I wasn't that guy. They were just like, and I was like, this is cool and all.

But like, I was kind of the handsome one where like, I don't need to go to the club to get girls, right? Right, I don't need to blow this much money. I got it, literally, I'm driving a Lamborghini or Aston Martin. I can get girls just going to anywhere, you know, like, so like I, that part of it was like, I was never really the club guy, you know, like I experienced it, but it felt it felt like I was being robbed, right? Like then like seeing like the bank statements and like you're like most of our, literally

all our profits just went to going for, you know, paying for some girls that like you guys didn't even get with those girls right like what are you doing um and then like money like basically they basically one of them started embezzling money from the business which like i i ended up blaming the one kid but then later found out it was the same kid that i went into business with in the crypto industry so like i like the like we end up having this big fight and i end up like taking the rest of the money out of the business like it was like a few hundred K and I just flew to Vegas. I'm like,

fuck you guys. I'm going to Vegas. And I'm just going to basically gamble and make, I play the World Series of poker first. I'm like, if I win this and I'll just pay all the debts off that I have on these cars and I go back to New York. That was like my plan because I found out that they were like,

they basically both started blaming each other because the checks were written in each other's name. They probably both are stealing money for me, but whatever, you know. So that happens. I go to Vegas. and then I ended up like just did you win the no okay I made day two and then lost and then I played back rat and I lost a few hundred thousand and that was like my first time I

ended up having like you know trying to like take my own that was the only time ever in my life where like I I just ate a bottle of Xanax and uh you know sat in my hotel room I ate like crazy amount 50 plus and what happened I just slept for 24 hours I woke up and I was like I woke up and I'm like damn I got nothing to take that right but yeah that was a sad my mom called me once again right like you know like as I always should have my mom but like she was always the one that like I could sit there and I would like sat on the phone cried and kind of vented and like my whole thing was like my grand was like some of the loans were my grandfather's name was like my idol and like I was more that was like my biggest thing was that like it would

hurt him knowing that I failed right like he he came down and down to visit i gave him a bentley like before this right like it was like that felt so cool to me to be able to like give back to him right like you know who's always like my idol as a kid so like messing up the business and the business going left that's what like led me to that point and then um so like i get back and then the indian kid who ends up being my partner in in in the crypto business he what's can we say his name yeah sorbri sharbi sharma yeah so sorbi basically comes to me with this idea. He's like, all right, so we can basically take, you, you probably know more about this type of thing than me with paperwork. He basically took the title of the Bentley, and he, he, um,

made a fake title. And then we got someone to buy the Bentley for like a hundred and something thousand. And basically gave them the fake title of the car and didn't pay off the loan. Right. So now we got this. Because right now you just have a, right now it's just, it, it's registered right so you came up with a title so it looks like you guys own the vehicle so you can sell it exactly even though you still owe bank of america 200,000 dollars exactly but then he ended up they don't know as long as you keep paying and he was so good at like the PDF editing that the person was registered the car and it worked like he just took the car i still never heard about this car since you know like uh he i don't know you know like i end up paying that loan off anyways down the

so like it didn't matter like once we had the crypto company we paid off those yeah yeah so like ended up just being like a front like like we end up getting that cash and that's like kind of what led us into the crypto industry was like we got cash back at that point were you already like that in and of itself is probably a whole episode just doing because i i've met a bunch of guys that were doing similar things like that i have even talked about the guy mighty mouth um but so you got that money were you already trading crypto so and who came up with the idea of the credit card connection like that was sorbys so yeah soreby sorbby soreby soreby yeah sorby yeah sorbucharma was that his idea so like basically now like we get that money and i have it in

my account i'm like i'm comfortable again like i can keep running Miami exotics right and try to regrow this into what it is and sorby's kind of like i'm like what are you doing like he's like not as focused into the into the business and then like one day i'm sitting next to him and he's he's like trading and i'm like what is this you know and he's like yeah it's crypto or he's like this is like the future i'm like i hated that i hated that 10 that 15 years ago everybody was fucking saying that oh bro this is the future and i just thought you're such fucking idiots and everybody is right and they were right of course i also used to make fun of all everybody that used to say that there were UFOs.

You know, when I was growing up, I would just mock you if you believed in that. And then the fucking Navy comes out with all these videos of UFOs. I'm still not. But still, at this point, you got to go, well, maybe. And what year, what year are you starting this crypto thing? So it's early 2017. Early 2017. So just for reference, crypto's $1,000.

Or Bitcoin is $1,000. Right now or at that time. At that time. And currently, it's $100.000. thousand yeah lucky guess yeah lucky yeah so like i i so i'm entering in like 2017 when crypto is brand new so like and then basically what happened was i that's like when i realized i was like how does he have 50 grand that he's trading with when our business just went basically bankrupt right so i'm like like in my head i knew that he was the one that stole the money right but i'm like

ah this kid's so smart that i kind of need him right like and this and then like he one day i come into the office and he's like I just got scammed for all the money he's like there was a flash crash he was levered trading and he lost it all so I'm like he's like he's like you know but then he's basically trying to sue coinbase which is like the biggest crypto and like you know just him and everybody else like you're not going to get pennies on the dollar yeah no he lost fair and square yeah he's lost his money being a degenerate but I'm saying even if you won what are you going to get Yeah. So he's like on Reddit basically searching for like class action suits and finds out about like these things called ICOs, which are IPOs for crypto, right? IPOs like an initial public offering and crypto they call it an initial coin offering.

And like there's like all these like new startup companies and they're raising like 100 million where like 20 million we're like and like you look at the founders and they'd be like this little weaselie guy. you're like what the hell this guy's like 18 making 20 mil and uh so like we just basically like thought like what's the best idea out of all these ideas that we can take and build off of and make it our own right and we saw this one who was called 10x and there was one called monaco and they were basically making a debit card like a crypto debit card where you'd be able to spend your crypto in real time still to this day now everybody does it right like it's like it was the best idea in the industry right like right now that's like the one thing where like Like, if you own crypto, you wish you can just have a debit card where you can just, like, spend your crypto and never touch the bank.

Like, because fuck the banks, right? Like, I don't want to be, like, if I want to wire money to some guy in Dubai, I don't want to ask the bank, like, oh, and tell them why I'm wiring it. Right. Like, I want to be able to send a million dollars to my friend in Dubai right now. I could, you know, I have to answer your questions because it's my money. It's not your business. And it's there in a second. Right.

Right. So crypto is amazing, you know, like, for that reason. But the crypto debit card aspect of it makes it where you literally can just, like, go to a store and swipe and basically it automatically, like, the, like, all you'd have to do is basically the way we built it out. Well, at first, like, these are all concepts, right? But, like, the idea was you'd have a pool of money, right? A bank account of money. So that the credit card pays its store in the fiat. And then that exact amount is sold off of your Bitcoin or whatever cryptocurrency.

that you choose to pick on the app which is like a genius plan and we were just like upgraded from what these other companies were doing 10X Monaco they basically had like these shitty cards and like we were like we're gonna make a metal like a black card right

like make it look cool flashy right like that's how we became like like we were better than everybody and then we ended up having like we raised probably like a few hundred thousand in the first month slow like but it was still good right like then we got this stroke of luck this guy cliff high by accident he uses like AI to write these articles and but like people follow him like crazy right and he mixes he mixes censure with a bank in some other country and says

centri tech has a partnership with the bank so he accident he made him a stay it was totally mistake and this is just a company that that you and sore meat kind of said hey he he here what if we did this and you put it you said did you actually or was it still under the umbrella of the of the um the rental company or did you go out and you incorporated a you guys started a corporation you had a website did you do all that beforehand yeah so we we didn't just go on the website and say hey we're raising money for no we made a website um it wasn't like a corporation yet but we just we just made the website we basically created like we got a developer to the coin so that we can start like trying to like basically people like pre-sale buy a coin right

like pre-market buy these coins because i thought you were had like a it was like a go fund like you're funding it you hadn't done any of this you were just funding the concept yeah so like basically these people are like getting in first right like you're selling the idea of you can get in first in our business right so like for a while there we had like a three-month period of just raising money and you give them the coins like you have this coin made we made a hundred million of the coins are they allowed to sell it or no it's not sell at that point you could sell it on like this one website called ether delta which was like uh it was like a black market crypto thing it was like you know pre-market selling but that was uh huh i okay good ether delta

was the best because you can it was the one the order book you were able to jump the order book and buy your own orders so like i figured out this method where i would just keep pumping the price of it so like So you're able to buy your own coin, so it looks like it's going up. Every day. So, like, and then, like, it's showing on... I know the concept. Yeah. So it's showing on, like, coin market cap is like what everybody would check at the time.

Every day, it's showing. Centra's pumping, pumping every day. And it was just me. I would just put a million, like, you know, $100,000 worth. I'd buy that $100,000. And then, like, instantly the price would just spike. And then, like, I would just, like, market, make it, you know, to settle to, like, and every day people were like this is coin's going to go crazy sooner later right right and then

the article comes out this is this that's way later so let me keep going um so like we basically at this time had read the cliff high thing oh yeah the article does come out right the cliff high thing comes i'm literally just in my boxers smoking a joint all day like i'm just pressing the button like refreshing see how much money came into like from investors you know like it's the best feeling like like there was this thing called ether scan right still use for eith for eith and like you can just see like that on our website we had like the address where like they would automatically get sent back through the smart contract that you build right like a developer built for us so like they would say they put one ethereum at the time was $200 they would get back 200 cent your tokens so like

you're just refreshing all day seeing how much your pre-sale is raised and then out of nowhere 100,000 comes in 200,000 comes in 500,000 comes in 500,000 comes in, 200,000 comes in, 2 million comes in over like the course of like a couple hours we're like what's going on i text i text sorby i'm like what the fuck's going on you know this is crazy and uh he's like yeah this guy cliff high we're like uh we're like who the fuck is this right you know we never even heard of him he was like a conspiracy UFO guy right it's just weird and uh but like crypto people just like loved him for some reason i guess he was probably right on some of his past stuff or something like that right but uh yeah that happens and and then like me

in Sorby like we're like all right like where do we go from here now like because like at first like a hundred a couple hundred thousand you're like it's not like we can just like disappear right now and nothing but like then I was just about to say it's not like it's a couple hundred thousand life changing but a couple hundred thousand for most people is life changing but like now that's millions you're like this this can be a real company right like we didn't know where this would go and actually have to take this seriously exactly so like that's where it got like interesting right What was the plan? What was the plan before this?

Before the millions hit. What's the plan? Raise some money and see where it goes or like cash out on it and disappear? No, we never had this. Like that's how they portray it as if we wanted to just steal the money and run away, right? Like we never. You were just trying to see like, you're just trying to see like can we raise the money and turn this in? And then suddenly the month, suddenly there's two million dollars.

It's like, oh shit, now we have to figure out what's going on. Exactly. There was never a plan to take the money and run. right right like we were like of course we're going to spend lavish and if we make 10 million dollars we're going to be lavish investors but that's what got you in trouble with the fucking car company but that's who we are right like we're just like you know like you know i love lavish life i know i can tell from our conversation last night he's saying he's texting i'm saying well let's just go to outback like let's go to outback he's like let's go to a nice restaurant

i'm thinking outback is a nice restaurant i'm in florida like from tamper florida Outback to me, and I, you're like, let's go somebody really nice. And I'm like, Bonefish Grill? And I'm like, okay, well, Eddie V's. Eddie V's is nice. Because otherwise it would be Burns. That's where you're paying like 150 bucks, 200 bucks for a steak. Like it's, and I've gone there several times in the last year.

I've never paid. It's always been somebody who's coming in to do the podcast. Hey, let's go to Burns. I'm like, I'm not buying. I'm not paying for burn. I'm not doing it. No, no, no, no, no. I'll pay for everything.

I'm like, if you're a pay for everything, I'll go. Yeah. And even then, bro, I can't. I still, I'm ordering a Coke and a six-inch fillet. I mean, six-ounce filet. Like, that's, you know, I'm not. Yeah. I can't do it. I have a feeling that's not the way you're going. Yeah, I'm the opposite, right? Like, I like, even the other night, like, my friends from Dubai and Crypta, like, they're always, like, talking about caviare. So I was out with my wife and we were, like, getting some dinner. And it's like, I saw it. I was like, I'm like, you know, how much? Like, like, it's crazy. VR. They're like for a little thing on a pancake is like $300. And I'm like, eh, fuck it, I'll try.

You know, like I don't care. I just have always been that way. What does your wife say? Yeah, you know, I am who I am. You can't,

like, slow me down, right? You know, like she loves who I am. Okay. Right. You know, like she,

she lives, you know, she lives good, right? So, like, it works out. Like, my wife's a teacher,

right? Like, she's like not like, uh, You know, she comes from a really good family. They did well for themselves. Like, I got three kids. Yeah.

You know, so like, you know, but my wife loves me for your three kids since you got out. Yeah. Wow, bro. All boys. So where were we at? You, you've got, you got two million dollars. Yeah. You've got two million dollars now.

And you guys are like, okay, now we have to turn this into an actual business. We can actually, you said, you know, we're. spending but we're also trying to figure out how do we make this happen now yeah so we get this money and like the first night we're like all right we're going out to the club you know we we we dressed in all white you know popping bottles but yeah that was just because we you know a couple million mark is like a big a big accomplishment whatever right so then we're like all right what are we doing we're like in the club not even like party and we're just talking about like what do we do next here right and um our main skills are marketing right like my main thing is like just marketing and selling so like we're like all right

let's uh try to keep raising more money so that like we have the money to be able to hire developers to build the actual technology right this is all taken out of the documentary where like we were like all right we're going to actually start building right um they want to make it sound like you got the money just started spending like fucking drunken sailors yeah all all of our charges are for how we raise the money before we had visa master card right so like we're we're at this point trying to apply to get visa master card like we applied to so many companies and um so so at this point now we for what i'm doing is the marketing right so like i get floyd mayweather to endorse it 10 million comes in i get DJ call it he he brings in a couple million you know uh

and the funniest thing was like floyd mayweather so dumb i paid him in centric coins like like the coins that I just printed but uh it it um like just the floodgates opened after that article right like so just money's just flowing in right that's where like the $32 million figure comes in and that was a $32 million figure at $200 worth the ether Ethereum at that time was $200,000 we raised $200,000 Ethereum Ethereum booms to $1,200 a coin maybe a little bit more you can check in 2017 what Ethereum hit at its peak bull run but um

and you have a ton of those so we have 200,000 200,000 times 1200 right which is like 240 million that we end up having so now we're like we can really build this right so we end up hiring lawyers we had a beautiful office and and we just started really like

we hired like 20 developers in-house developers and started like you know really building it and we built everything we had by the time we got arrested we had everything the tech customers had cards this is all taken out of the documentary we had the first working card on the market that our competitors are right now crypto dot com they're still around they own stable center they lied about visa master card before they they they did the same lies right yeah but they were from another country fake it till you make it they well they were from another country so they just settled with the cc and said we like

When it came to us getting charged, the Indian kid lied about how much we raised and they turned it into a criminal case. So, like, realistically, we could be the ones that own Staples Center right now. Right. Things, like, went slightly different. So the issue is that. Yeah. I'm curious, like, so at the point that you're doing the Floyd Mayweather, celebrity advertisements, things like that, the marketing is this crypto works on these cards. But in reality, yeah, you've got a you got a mock up of the card with a Visa or a MasterCard.

And what you're saying is you got you open an account, you put your crypto, you connect it to your crypto accounts. And you can go and you can go buy, you can go to Dillards and you can buy whatever, you know, some blue jeans and or a brand new suit or whatever you want to buy. And it just takes it directly out of your, out of your, out of your Ethereum or Bitcoin, whatever you're connected. to so it just pays for it and then you guys make your money by taking a little just a percentage i don't know what the percentage yeah and like we were even doing like a flywheel effect where like with the fees we'll buy back the coin and that's how the coin's going to be able to grow in in over time like we were really like a really good concept right right but like at the time like all of these videos that floyd may what it's doing we were just like rebrand a debit card this is where

the fraud actually takes place right because as we're building in the background which they take out the part that we were building in the background, but we are like front running what we're building and lying saying we already have it and saying it's in beta testing, right? And we send Floyd Mayweather a card. We just sent it to like a guy in California that made it into a metal central card. Like we have all these are our own debit cards that just look like central cards so that we can make videos with them. Yeah. And that was like where the fraud really took place. We also had a fake CEO that we like, because we were so young, we ended up putting this guy Michael Edwards as our CEO and we just said he was like the money guy until people started like asking

questions then we're like yeah he just died right and we did a whole obituary about the guy and his boy like the how do you do an obituary you called the newspaper and say my cousin the indian kid was so good at this shit man like like sorbia as much as like he probably hates me now right he was he was a pro right um he uh yeah like he literally had like and his bold lot left this bulldog, French bulldog, which is, which is like, which is like Sorby's favorite dog, you know. What's so funny is whenever I write fake bulldog, or whatever, I was sorry, I write, like, I'll write a, on our website, we have a, like, like, Colby's, uh, Colby's, uh, bio.

Like, I write this whole bio and in the end, I'm like, he currently lives in central Florida with his, his, his wife, two daughters, and they're adorable French bulldog. So I always say stuff like, what about, what do I have with, uh, Boziac? Yeah. I got to read you with Boziac. Hold on. John Boziac is one of our editors. He edits like shorts and stuff, but I is, and this is he lives in Thailand. He actually lives in Cambodia now, but here's what the very last part of his bio says, which of course I just made up, which is a, Boziac has a degree in graphic design from the Miami Art Institute. That's true. He currently lives in Bangkok, Thailand with his two toy poodles and a lady boy named Tad.

Like he doesn't have a lady boy. You have this on your website? It's on my website. And he, he's never said it. Like, he's never looked at it, obviously. At some point, I'm waiting to get that, that angry phone call. Motherfucker, take that off. Like, what is you, a lady boy?

I don't have any poodles. Anyway, but so the fact that you just said the. The Michael Edwards thing. Yeah. Yeah, that's like how it is. Like, especially like, like, one thing I've learned, like, from selling drugs to doing, like, fraud in real life, like with prescriptions. That shit is so stressful, right? Like, doing it online, like, everybody that was investing in these companies, right?

First off, they're investing, like, they're just talking to me. I can barely, like, I dropped out of high school and 10th grade. Like, I don't even know how to spell, you know? Like, you're just talking to me. and I'm like, you know, half retardant, you know, like, like, I'm charismatic. I can sell, but like, you know, some of these people, they always ask me, like, do I feel bad for these people that sold, like invested in, first off, the people that invested in the ICO, the ICO went up like a thousand percent and they never, like, if you lost money,

the thing is with crypto is a zero-sum game, right? So like someone has to lose money for someone to make money. so a lot of people made a lot of money on my coin right so like there's the people like even in the documentary they have this one guy that's like a military guy that's like shooting pictures of us like he's so mad they they even got this fucking guy to take to film in his underwear to make it look like natural this poor fucking guy and he's like the leader of the class action suit he never even lost money he's so broke even he was up like a thousand percent and he just held the whole way down and soul broke even he was just so upset that he because he thought he'd

made a thousand percent no he was upset that he got like lied to right like it was just like a like a issue that like he was just he's just like a sensitive guy right you know so like a lot of people made money so like it wasn't like this uh fraud where we just like took all the money uh by the time we got like like arrested like this still all the money was still there like more money than we raised right so like it the fraud is like kind of weird in a way in that sense but um yeah so like at this point now we have these mock up cards right and we're just basically making videos floyd makes a commercial for us and that brings in a ton of money and he's basically like spending my bitcoins he's funny he says bitcoins because it's just bitcoin you know it's not plural right okay but he's like

i just bought you know some light stuff some some underwear whatever the hell he says you know and uh Then Cal, it's, like, just like a picture with him, like, holding his, his sender card. You know, we were, like, we were young. We like, you know, we like rap and, you know, like, ghetto shit. So, this was fun for us. I'm curious, how much money do you make from those celebrity endorsements? So, like, from when Floyd did it, like, maybe 10 million came in, like, like, in investments. Like, this is still, like, like, at this point, like, we went post-ICO, right?

like we had the coin essentially people can buy and sell on exchanges and stuff like that like it was uh like we had raised a certain amount of money and then like now we're basically just like still selling our coin like we like extended the iCO because we had so much of the coin it's ridiculous with crypto right like still today like people print coins you make a coin and you just essentially just try to sell it like every day there's thousands of coins made right the market's crazier now than ever like you just make a coin and you just make a coin and you just make a coin and it's great because you can just try to sell that coin right so that's what all these people are trying to do now they're just doing it with no technology just a meme coin which is most

craziest concept you're basically just trying to sell the idea of like a picture or a character but um yeah so back to an ft is that right well nfts was last cycle like last cycle nfts got popular which was kind of cool it was like digital art that you can own like that was actually a better concept and what happened was just like Gary V led the thing right and it brought on all these normal people like all these big celebrities to buy crypto punks and right like the industry actually needs a new Gary V right that's what it needs right now right now it's being led by meme coins and it just doesn't hit like how NFTs hit like NFTs were great because like the celebrities were like oh shit like I can make my own NFT right you know like now everybody in this cycle.

the celebrities make coins and people are like screw these celebrities like they ruined us in the nfts times like they just basically like stole all our money so like the people are sick of like the celebrity it's like we crypto now does need like a new person that like can bring on the average human which is kind of Trump right like why Trump launching is going right and even though Trump extracted probably like 400 500 maybe a billion dollars from the market which people don't talk about he's at least talking about crypto so we talked about we did a we did a show on it yeah what about trump coin yeah over this guy he's you know what did it what yeah with that screenshot that we sent to you this morning about the setup what it looks like that podcast was actually

a crypto podcast yeah one last thing on the celebrity endorsements how much do you guys pay them for the celebrity endorsements so i i played played floy mayweather a million dollars but i paid him 800 000 in centric coin right so he he he He only got, I paid him $200,000 in cash, a wire. Right. And then $800,000 in Central Coin, which he never even sold. So he only ended up making, he thought he made a million, but he thought to say, he, you know, he, like, believed in it, right?

Like, he was like, this is great concept. And, like, he invests in all sorts of shit. But, yeah, like, and then he was forced to pay it back after we all ended up in trouble. Yeah. But, yeah, so that brought in a ton of money. Then we're like really building in the background and we've we got so lucky this I was doing the interviews for like all the developers right and um this one guy comes in and like he can like barely speak I'm like this guy's like no way I'm hiring this guy and then like I let him I bring in

my CTO this guy he was the C he was the chief technical officer for um Johnson and Johnson we hired him after he retired from Johnson and Johnson like we had a real company like people don't ever talk about this part Central we had that like a real big lawyer our CTO is Johnson and Johnson seats like like these people are like know what the hell they're doing right um and he interviews him with me and I'm and he's like talked to and I'm like this guy he's like this guy's the best developer I've ever seen but why do you say he can barely talk he was just like a mutant you know like he like he was just so good at coding but he couldn't function as far as it's funny when I talk to my wife about like what our kids should do I'm

like they need to learn how to code but they also need to need charisma because if you can match those two things you're going to be mega rich right right like there's so many good people that are good at developing and then they go work for somebody right they work for Elon Musk probably has the most insane team that's making 500k a year when he's making what he makes right but that's because the other people under him can't talk yeah you know even Elon like he's even though he talks a little funny he can still talk yeah yeah he can he can still function he's i love the the long pauses well he has to kind of work through what he's going to say where most people would feel uncomfortable about pausing for fucking 30 seconds while they think about

the answer he doesn't give a fuck sometimes even longer yeah yeah yeah and you're like all right where is he going but then he'll say something you're like oh wow yeah okay i get why as we're saying that's worth waiting for as this all as this is all going on are you like in the back of your mind are thinking like this is going to end badly like we're doing something wrong or are you thinking like oh we're going to wrap this up it's going to be good or are you thinking like oh we got we got to kind of cover up the skeletons in our closet so so yeah we um there's there's a there's a we're building it right so like we get to a point with we hired these guys and like the tech is really coming out well right and like like our main issue is getting the visa master card

and then we finally got the deal with visa master cards So, like, we are, like, there, right? And then New York Times does this article, and they ask about Michael Edwards, and the CEO, and the Visa MasterCard. And, like, we couldn't, like, we weren't, like, we're, like, portaline there. And that's when that article comes out. And that's when we're, like, it was such, like, a PR nightmare. If you sleep hot at night, you know how disruptive that can be. Whether you're having trouble falling asleep, you're waking up sweating in the middle of the night or all of the above.

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Just visit ghostbed.com slash Cox, and use code Cox at the checkout. That's ghostbed.com slash com. Cox and use Code Cox for 10% off sitewide. They were like, we're covering up skeletons. People are selling the coin. I'm artificially pumping the coin back up, you know, on either doubt to like, just to like keep it balanced and like covering up this. So like there was like this madness point.

And then we ended up getting hacked at one point on our website and they changed like the address. And then like, uh, so like there was a lot of these like crazy moments where like I'm in, we're in the office like 24 hours. And throughout this whole time, I'm on drugs, right? Like, I'm taking 20 Xanax a day, which is an insane amount of Xanax.

So, like, I'm on Red Bulls and Xanax. My office is, like, the corner, beautiful office, but I got this big Red Bull fridge, just tons of bottles of Xanax. But, so, like, I'm in the office, and I made all the workers stay, literally probably 18, 20 hours in that office. That day we got hacked.

And we ended up, like, I ended up getting in touch with the hackers. And I'm like, keep the money. I'll pay you more. Help me fix my website so that we can't get hacked. and they did it right they sat there with our developers this you know how much did they take like a couple hundred thousand oh okay yeah i was like fuck it keep it you know i was like i don't care i was like you guys i was like you guys got us like you know i'm not gonna fight this

battle and let you guys keep hack like trying to hack us take the money right you know and and help me yeah and uh pay 200 thousand dollars for fucking for a security company to come in after this anyway to fix it exactly and they like we end up making our security so good that like we were like untouchable at that point and as a tech company you need that um before the new york times article are there youtube videos or are you guys worried about coffee zilla or some you know yeah there's people on social media how how does that kind of play out yeah so so there's a bunch of like not coffee zilla but uh a bunch of other people that are smaller there's this one weird guy forget his name but his videos always started super weird and um but like we would always just

pay them off right we were like i'd reach out i'd find an email and i'd be like i'll give you 5k make a new take that video down make a new video and promote us and they would do it everybody was just like you know 5k their their videos are getting 100 views but then like our our community would see it still you know yeah like they'd find like all the good videos but they'd also find the bad yeah the people that are involved in it are looking for those videos yeah they're still the wrong people are seeing it even if it's not a lot valuable views yeah yeah yeah yeah exactly so uh yeah like everybody's searching like that's invested they're trying to find out also right and be like do their own due diligence and they're seeing these videos and then like i'd pay these guys off and they'd be like

oh yeah we just spoke to the team and we've seen all their tech and it's great you know then like that main guy was like he was just given his his name was face like the son that's what it was and it was just this weird he's definitely fat uh he he was just a weird guy you know right um and he was like no no way i'm keeping this video up and he was right about everything he said like about all the misrepresentations we did make and I was like this do googooders yeah yeah I hate those do gooders it was the worst and then I was like I kept up in my price I'm like I'll give you 10 I'll get 20 you know right and then sooner or later he hits me back he's like my daughter's sick oh god and I'm like I got your money buddy that's horrible and uh you're really a good guy

yeah i'm just trying to help your daughter i'm trying to help your daughter i want her better too he probably didn't even have a daughter he just broke you know he's like uh all right he took 20 grand or 10 whatever you know whatever was easy piece he take the money and uh then he made a new video like all applauding centrist so like that happened over and over and over and uh obviously the one we couldn't defeat was the new york times right um and that that one was like when we ended up having a kill off the CEO and cover up all the skeletons and, uh, but, uh, you know, the funny thing is even after the New York Times, we ended up getting an Asian company to invest another 15 million into the company post New York Times, right? So like the company's still rolling. Like the

New York Times didn't even slow us down. Right. You know, Nathaniel Popper, he was correct about everything also. I've actually spoken to him since, like, since I've been off, like, and just like reached out. I was like, you know, you were right. I hope you're well, you know? Like, these people i i have i have no animosity towards the people that are right there right they're right yeah you know we we we were rightfully charged at the end of the day right it was just sad that we were no one ever talks about the tech that we were actually building and then by the time we got arrested we had it all fully working now that one six six more months and it may have been a viable company if trump was president and this this this this cc like they didn't hate crypto at the time i got the

time the democrats were obama was president and the democrats hated crypto so like they were so anti-crypto that they were trying to find people to make examples of and we were like this flashy you know floy mayweather driving Lamborghinis they're like this is the perfect company to make an example of and um but yeah we finally got to the point where the tech was working and customers had like the first like we got visa master car deal everything was out we could have literally been like if we never lied about having it at first we probably still would have got there like that's the sad part is like if we never lied about it at first and just kind of like we're building we're building

we're building like we probably still would have got to where we got and never got arrested you know like um that's like the the worst part about it is like now the industry is like everybody's building this bullshit tech that does nothing and just basically making a fortune um that that part like because they own staple center like the company our competing company own staple center I'm really irritated about that. It kills me because they lied about Visa MasterCard before they had it, right? So, like, the fact that they own Stable Center and the U.S. lets them just operate, like, this magical company. When we did the exact same thing, we built the tech that they're using.

Like, we did it before them. And the New York Times written an article on them instead of you. Yeah, but they weren't in the United States. Their CEO would be sitting here. Exactly. So, yeah, so then, like, after New York Times comes out, like, I basically, step down from the company i i basically stepped down from the company at that point because like we're trying to like cover up PR right we we put in like we ended up hiring like these expensive CEOs

and like finding like real people that owned like other big companies to basically be on uh like the board of directors and like so so that the company could look like you know all yeah legit and then those people ended up basically being whistleblowers to the SEC during the investigation So as they're looking through all the books and everything, they're kind of going, Yeah, it doesn't add up. This isn't adding up, you know? Yeah, because we had, yeah.

Yeah, because basically like the amount of Ethereum we raised, we were spending a lot, you know? And like I had made my own money and like I was selling central coins like on the side. But like once this happened, this New York Times and I stepped down, I had like a big chunk of centric coins and I knew how to pump the price of it. So like I was pumping the price of it. and then just selling out the back door. So, like, we were rightfully arrested, right?

But I ended up making whatever amount of millions I made. And I, like, kind of, like, the last two months of the company, I'm not there. Right. Right. So, like, the SEC investigation comes out. I didn't even get it. Like, it came to my door. Like, they, the Indian kid Sorby, he sent it to me, right?

Like, he was like, yeah, you got to go meet with the lawyers. He ended up paying for the lawyers. Like, I'm like. Is Sorby still working there? yeah he stayed but but like but like as a de facto whatever you call de facto like like he wasn't he said he stepped down but he didn't right yeah yeah so he stayed on the books but he's not making he's not making any decisions well like on the books is no on the books because you just take your money in crypto and right you know yeah like it I meant like on the website officially

there's no like resignation letter no he did he resonated like me me and him both completely said we stepped down from the company but he stayed and kept working he's still doing stuff there yeah I fully left Like, he's fully running the company still. I literally fully left and just were just going to play poker every day. Okay. You know, so, like, for those last couple months, I'm, like, just, like, playing in these, like, $200,000 cash games. That's when I, like, I don't know if you ever saw the clip of, like, when I met Jason Derulo.

Like, he, uh, basically, like, shows up to the, to the casino, and he's, like, that all the tables were full. And I'm just sitting at a table, private table by myself because I'm betting, like, a couple hundred thousand, you know, going crazy. and he's like, who the hell is, like, he tried to sit at my table, and they were like, no, you can't sit here. And I'm like, nah, he's all right, you know. How slum. Yeah, I knew he was, but I acted like I didn't care, you know? And I got in my heart, I'm like, this is cool, like, let him sit here, you know?

And we ended up playing together back around all night, and we run it up crazy. like we ended up making like probably like 400 grand and back like i probably made most of it but he was betting much smaller and maybe like a thousand i'm betting 10 000 a hand we made like literally clean the table out we had a prior we ended up i ended up moving us to a private room for like he has all his cousins there we're like drinking party and whatever then we end up me and him go out to the strip club we rent out a strip club basically i have a fucking orgy with 20 strippers. It was like

Spearer, is it Spearer Rhino or I can't think of the name of the strip club. One of the big strip clubs in Vegas. Yeah, Spareman Rhino. I don't, I'm saying it wrong. People crucify me. Yeah, whatever. But like, it was me and through a lot of some great times, you know,

but yeah, like that whole part, like I'm basically just like playing gambling and doing drugs. But then like a month later, they arrested the two other guys with, and they don't arrest. me and i'm like they arrest they arrested farcass and sorby robert farcass is and sorby like where the two guys that kept working there right and and farcis is basically sorbby's fiance's brother so it's

brother-in-law right so they arrested them to and they didn't arrest me and i'm like why didn't they arrest me you know like and like i'm just maybe they know i'm not involved yeah like i'm like maybe i'm good here right but i'm i don't know what you guys are doing I didn't even do anything wrong I'm willing to help though those are bad guys yeah so like that's what I always say

when I think the cops the cops come knocking on the door and they're like you know why we're here yeah my fucking wife's running a lab like I'm willing to help you like I'm surprised you weren't here later like earlier

so yeah but the crazy thing is like when I met with the SEC lawyer supposedly there was an opportunity to cooperate beforehand and she told me that I was too high because I was taking like after they got arrested I started to get to a point where like I was taking so many drugs that like I was just like I probably she was like you couldn't even you met with people lawyers and you couldn't even speak that's how bad I was you know so um she didn't suggest like let's go to rehab get you clean and that's what I wish she did and then come in like

That's what, if someone would have done, I would have done that, right? Like, that's what ended up happening, right? Like, then I get arrested. I'm in jail for five days. I speak to a lawyer, like, I'm withdrawing in jail, whatever. It was crazy, though. Like, okay, so tell me, tell me what happened. They got arrested.

Yeah. And then did they come and arrest you? You said you didn't get arrested. A month later. A month later, they just show up. Yeah, like, I'm like gambling, just doing a ton of drugs, like, ready just to like, like, because I felt like they were coming, but I didn't get it. And then what actually happens is I'm playing this one poker game.

was a hundred or like a hundred two hundred thousand dollar buying game and i'm and i'm uh i get a call from jail call like you know like and i'm like all right this is one of them you know and uh i pick up i i wonder if he never calls me if i end up even getting arrested you know like you don't call like if you do some of crime with somebody it's like known like you don't call that person from jail right right yeah so it's you know it's recorded yeah so like um after that call like a week later i end up getting picked up right like i i come home from the casino like four a m six a m knock on the door i grab my gun i'm like i thought i'm getting robbed and then it's the here fbi put my gun down you know yeah they come in and arrest me and um and then i'm in like uh i'm basically in like uh

i'm basically in like uh i'm basically in jail for like a week you know and um then they sent me to re-hap like they're basically like it's crazy the thing is like i had just got i got my teeth were fucked up from drugs. I had just got my temporaries put in. And I was like in jail with temporaries and I had paid 40 grand for these teeth, maybe like a little more, whatever, like 40, 50 grand for these teeth. And I like, I paid cash and I'm like, I literally supposed to go get them. So like they let me out to go to rehab and they're like, you have to go straight to rehab. I went straight to the dentist. And I got my teeth finished. And then I went, you know, when I was there for 30 days. I spoke to the lawyer, and then they ended up getting me, like, a deal to proffer, which, you know, like, to see if I can cooperate.

Right. And so they flew me back to it, or drove back. They gave me, like, I ended up after I lived with my mom in Virginia for, like, a couple months. There's, like, a break there, right? Like, while my lawyer is trying to get me this proffer agreement. I was on house arrest, and I went to Kyle, like, I signed up for colleges to get out of the house. I took like just like two random classes to, you know, get out of the house. Right. Because Virginia's as boring as could be.

And then I get the agreement to like go meet with them. So I drive down, which is like, I'm still like, when you stop doing drugs, four months in, you're still like, I'm even still today I have anxiety, right? Like I'm not like, I'm like a shaky guy, right? like so i'm like scared i go in there and um i basically just like tell everything right like they're like you know if you lie once you're done you're done yeah my lawyer had me terrified you do whatever you do do not lie to these people because they'll use any lie to withhold your cooperation yeah i'm even exaggerating at some points right like i'm like they're like how much you make i'm like i don't know like i'll never say less right like i'm always just like you know you know that

create whatever amount at least at least a million here at least three million and i'm very kid you know you have to be very careful on like saying like you're always just like well maybe i don't know you know like i don't know exactly right like but um i i that's why like i was charged with 13 felonies everything from uh my gun sure they charged me for a gun which was kind of nonsense like i had got a perjury charge like i had a legal license for a gun and then i got a perjury charge during centra like the crypto company for lying on the stand for the indiquity had a dw i and then his there's like his 10th dw i asked me to go lie on the stand for him and i did it whatever and so like after that was a felony perjury charge but i already had my license before that but i never turned

in my gun so they gave me like a charge for the gun they charged me for everything i emitted right like every the vamo thing um the the thing with the bentley they charged me for uh conspiracy to sell you know all the drugs that i sold in the past like kilos of all these different types of drugs and so that's just on your word on you just saying it yeah oh man fuck you come on man i'd be like no what are you doing you don't yeah and it's like i have 13 times anything you admit you're not supposed to be charged as a proffer no but you but you you in my thing they didn't want it to be able to come up of a trial and say that he wasn't charged for these things okay they basically said you have to plead guilty to all these things to get this cooperation agreement and i'm like

I'm facing like hundreds of years now because I'm agreeing to this cooperation agreement and they don't tell you like with the cooperation agreement they don't say you're going to get no time right? Yeah. Like you're still up in the air. Yeah, yeah.

It's you're cooperating in the hope that but there's no promise. They say it over and over again. We're not promising you. That's not a promise. You know, we'll take it into consideration. Yeah. Which is a scary feeling.

So like I then so like then the Sorby gets charged. He gets eight years. So did Sorby cooperate? No. Or was he planning to go to trial? One other kid tried to cooperate, the middle kid, and he basically just, like, lied and they just kicked him out. Right. But so once I cooperated, whatever, then it got to a point where, like, Sorby knew he was done, right?

Like, he knew there was just no chance of winning his lawyers convinced him to plead guilty. Like, I thought we were going to go to trial. I never ended up having to go to trial and do anything on the stand, which was nice. Like, I, like, didn't want to do that part. That always sucked. But, yeah, he pled guilty. And his issue was that, like, he, even at, like, sentencing, like, I try to tell everybody, like, at sentencing, if you're ever going to get sentenced for a federal

crime or a state crime, whatever, and they give you a chance to talk, say you're sorry and say, you know you were wrong. Right. Don't say, sit there and say, I know I did some stuff wrong, but, you know, we were really trying to build a company. here you know like when i did mine i was all about i'm sorry i'm going to try to repay victims i everything i did i know i know is wrong short sweet concise that's it right the judge doesn't want to hear that my vision was you know this that right so he that's where i think he went left he kept

continuing on that we built the tech we built the tech where like but we didn't have it when we raised the money right it's fraud yeah so it's simple like that's what we were charged for you know it's sad enough today that like you know crypto.com as big as it is and like i still you know am somewhat envious of that um and like all now the industry is just like complete but like even like if you look at spf sandbank freed right the biggest fraud of all time if he if they would have never sold his stocks that he had bought all the stuff that they seized from him it would be worth like a hundred times the amount of money that any of the losses were right like like Like, crypto's crazy.

It just keeps going up so much that, like, all the frauds, if the government didn't seize and sell everything, everybody would have made like a hundredfold. Right. And Sam Bainfrey did exactly what you said not to do. One, it goes to trial. The entire time, he's sitting there saying everything was legit. We were trying to do this. He's trying to spin it in a way that we don't, this isn't a crime.

And yet you've got all the accountants and you've got your. all your co-defendants and all of them are saying it is a crime we knew we were lying about this we were creating this additional coin we were raising money here illegally we had people signing documents saying that we wouldn't borrow against their crypto or whatever we were borrowing against it you know what I'm saying like it's like it's he's he just can't it couldn't admit it like it and he did himself such a disservice as opposed to just going in and saying I fucked up I was trying to fake it till I made it I was hoping I could pull it off I fucked up I fucked up He'd have probably been way better off.

Yeah. I mean, like him even, like, um, less so than ours. Like he, he really, like, he had like a fucked up wing. The rest was actually legit. Like, he did have, like, a lot of legit shit. Like, honestly, Sam Bangor Fried, like, that guy was probably one of the best traders of all time, you know? Like, it's like sad seeing, like, like, he was, he was good for the industry. Right.

If he didn't get charged. a while yeah like if he didn't get charged like i literally think he would be like the leader of the industry like as some of these people like now that are leading is they're all like just it's all bullshit you know like if you can sit there and and sell a coin that does nothing and make 10 million dollars off that coin how much better are you than the guy that like was like trying to develop tech and and raise money like it's like so i have a quick question then we let's get back to sentencing is that you understand I know fucking almost nothing nothing about crypto right and so the concept that you're talking about where you you were talking about like the whatever

you know that it's connected and you can use your card and that sort of you know I'm not sure exactly what the logistics were how that works and you're saying there's a bunch of companies now because to me when crypto first came out the issue was and I've assumed that this is still the issue, but in the comment section, it makes, make, because people ridiculed me so much during the last video or when we talked about crypto, uh, when it first happened, it was like, hey, you've got all this Bitcoin, but everybody was like, yeah, but there's nothing you can do with it. Like, and then eventually years into, a couple years into it, certain places were saying, we'll, we'll accept crypto. And they started accepting

the crypto. Yeah. But, and, but then that was limited. Then that stopped for like, People would do it, and they'd not do it, they'd not do it, and then, oh, you're losing too much on the sale of the crypto, or you're losing too much on the conversion or whatever they're charging you. Like, we'll take that $1,000 for this $1,000 purchase, but we're going to charge you for it, you know what I'm saying? What it was was is the transaction fees of Bitcoin are high. Right.

Right. So like, it wouldn't be worth, like Bitcoin isn't, uh, something you go buy a t-shirt with. It's not good for like small transactions, you know what I mean? like it's good if you want to send a million dollars or 10 million 100 million to someone in another country um but like silk road for instance well like the thing is now that bitcoin they they've they've made better also like they've sped it up they've made the fees less um bitcoin i think is going to millions of dollars like like i'm very big on like that part of the industry like every government's going to buy bitcoin it's in crypto is only just

finally getting like the recognition that it deserves in my opinion there's still so much bullshit that goes on in it and most of the coins are useless uh going to do nothing um but there is going to be a lot of like useful cryptocurrencies that do very well but if if i was going to tell anybody to invest in crypto just buy bitcoin and just buy it like over time i promise you you're going to make money like i like bitcoin's going up all right so okay so well my but the card that you guys is the concept you had. You're saying that that now, there are companies now that have that concept.

Every company does it. Coinbase. Every exchange has that card. There's sole card. There's like 20 of them that have my technology. Okay. Okay. I just wanted to make sure that that was clear because I didn't understand that.

You said it and I was like, oh, wow. Okay. So it actually, the concept actually. Yeah. Okay. Crypta.com. Like our competitor literally had, was the, they were like the,

we were the first that had customers doing it. but then they were the first that like was like they rebranded from monaco to crypto.com and they were the first crypto card and then they built an exchange and um then coinbase did it now every company has basically a card right so it was the concept it was correct right like we we were correct on like what we were trying to build there um so then back to sentencing like i basically was um on house rest for a while i'm cooperating i admit to all the these things i plead guilty um and then i see the main guy because what happened with him is while he's on house arrest who's the main guy sorb sorby yeah so sorby basically tries to start a new

cryptocurrency while on probation the people don't talk about this part yes that's a that's a bad idea like it's that's like you might well you're starting it's they'll look at that as like just like you're committing on a completely new crime yeah like they basically tried like you tried to make it like as if it was just like some random person that just tried to like branch off of centra but basically like he was like it's rebranded in um what's the country uh one of the countries that there's like no laws against crypto okay um so like he basically created like a new centra in that country and and like posted on the central twitter this is what we're rebranding to phantom chain on this other chain and i like i was like obviously

like guys like he's creating a new crypto right and then he tried to put a hit on me right so how does that what do you mean how do you find that out what happened so basically like my ex-girlfriend from back in the day calls my mom because like she was like we did like drugs together we she lived in my house as a kid she had like a really tough childhood and she was very close to my mom and basically she calls my mom and she's like they're in in town he's reaching out to the the crips to try to get a hit put on Ray and the guy that he tried to get a hit put on me was like one of my like we used to do drugs together as a kid

and he basically like just took his money and just was like told him what happened and I end up having to tell the FBI because like as much as I didn't want to like rat the kid out that like he took the money or whatever they go to his house and he just tells him like I would he's like I would never kill Ray for Sorby right

fuck that Indian you know this little scrub So, yeah, he tried to put a hit on me. He starts a new cryptocurrency and all this. Like, people were like, oh, I see comments, like, they only sentence the brown kid. The kid's Indian. And the other kid's white. Like, Farcas is white.

They keep saying, like, he's like brown. He's just tan. The crazy, that kid is, that kid is probably, he was like always dumb as rocks, you know. I just seen a, someone just sent me a picture. He just, now he's a Jew. Like, he just converted to Judaism. He's an Italian kid. I'm like, where is he going with his life?

And Sorby's Indian or not, he's not learning his lesson. Yeah. He's, you know what I'm saying? You're on house arrest. You're starting an additional crime. You're, you know, he's whatever. You're the face of the whole thing and he's kind of the brains behind it. Yeah.

And he's not accepting responsibility. He's starting an additional, committing an additional crime while on, while on home confinement. And he's trying to have you fucking killed. Yeah. like and then also does he get charged for that so no they couldn't like because they they can't like exactly prove it right so they can't charge it's really just his word yeah but they were like hated him you know like they knew what was true right but it's all of words so like they're not gonna you know how the feds work they don't yeah they're not just going to charge unless they could

actually prove that this was going on and the gang member can't set him up because sorbby knows he wouldn't he well he would but also even if he would sorbys not going to get on the phone with him and have a conversation because you just ripped me off for X amount of dollars. Yeah. He has his burner falling in jail, whatever. Right. You know, he's doing it from there. But, yeah, so, so that all happens.

And then I'm trying to think what else. Like, like me, like I, like, I get married. I have kids. Like, I get sober. I ended up doing, becoming like a drug counselor for, like, I got my license to be a drug counselor. Like, people don't understand why I got no time, right? Like, I cooperated, became a drug counselor, you know, like, did all the

proper steps like after the fact um went to college i went to the you know school to be like drug counselor i got and while he's doing all this crazy shit and and trying to create new coins and then also there was the ethereum right that they were trying to seize and they couldn't find it so like they weren't letting anybody out of jail until they found it and then he basically was like i don't know where it is like so like they were supposed to be the lawyer had half of the code and then there was another half that was in a safe deposit box and they go get those two things the FBI they put it in and it's not the right password and then they're like all right so they raid sorby's house and they find it under like where you put your forks and knives like underneath taped for

this is like a hundred million dollars at the point at that time so like he had all the he just stole all the money essentially and then they ended up seizing it and he still has a ton of money that people don't want to talk about that we raised 200,000 Ethereum, they seized the 100,000, there's 100,000 missing. And it's gone up. Yeah, it's a lot of money, you know? So we probably spent 50,000 of it, but there's about, say, 50,000 Ethereum that's just, that's out there, you know?

You know, we'll see how Sorby lives the day he gets out, you know, and we'll see if he can mask his, his addictions to the, the flashy lifestyle, you know? So how much time did you get? I got no time. So, like, yeah, he gets eight years. And I'm like, all right, he got eight years. And then the other kid gets one year. So I'm like, I have to get less than one year or just one year.

Right. Because he, the guy that got one year did less than me, right? Like, he didn't deserve, I deserved more time if I didn't cooperate. So, like, I'm like, I'm either going to get one year. Like, I was expecting to get a year. So, like, then I go, I get sentenced and time served. They said, like, I was an exceptional, an exceptional cooperator. right but I was like I just I didn't lie at one little glimpse I told them every little thing

of my entire life every single thing was true so um like I think they probably deal with a lot of people trying to bullshit them right like I would just still to this day in the documentary here there any podcasts I do I just tell everything right um so yeah I get sent this in no time and like you know in the documentary they it's funny because like there's a clip after like i get sentenced and like of course like i did this crime i made this money and then like i get no time and i'm like i have this smirk on my face and like me and my grandma are like smile like they made it like they did it in slow motion in the documentary where it's like me and my grandma she's like smoking a cigarette it's almost the evil laugh that yeah but like after

you get that no time like you do want to turn around like my friends are there like in the core i did want to turn around smirk and be like but then no like the judge i i think like uh judges the judges are highly educated people right like there was a reason for all this you know as much as it's like i'm like a you know sarcastic you know criminal whatever and like and i am where i am today but um yeah like then from there like what year was this i got sentenced i was on pre-trial probation because covid hit and like it just went on forever uh So I just got off three years was April 4th was my end date. So I got sentenced three years before that.

So it's 2022? Yeah, 2022. I got sentenced to three years probation. And the craziest thing, the day I got sentenced, my wife's water broke, the day of, it's in a documentary. So like I'm like she's not due for like two, like another two weeks a month. I guess like the nerves whatever it is I wake up and she's like I don't like because like she knew I want because I kept getting delayed my sentencing and I wanted to get sentenced so bad I was like just like so sick of just like going through pretrial because it doesn't count for anything you know what

I mean I was three years of pretrial so um and she's like I don't know like I don't know like what's going on and like I look at the couch the whole couch is wet right I'm like you're water broke like it's all right like i know i'm getting sentenced but let's take a step back here this is a baby like you know let's get you to the hospital but she's like i still want you to go to court because she knew how bad i called my lawyer and he's like you sure and i'm like yeah like let's go through with this like and uh she went to the hospital uh like we like i actually i had like my friend there meeting me there um to film like with his camera like before i was supposed i was going to meet netflix later like i wanted him to film like the day the start of the day

and you know we would use it for like our own clips or whatever i end up doing in the future because like i was writing a book as well like at this point so like i was uh like trying to record moments anyways right so like i have this this this video of this part and um netflix used the the the the video that i that i made and um yeah so i end up having my kid april 4th got sent this april 4th to no time and uh yeah now you day turned 3 i got off probation And you had, what, two more kids since then? I just had another newborn, two months old. And, well, what are you doing now?

So what are you doing now? So now I still work in crypto. Like, I'm back in the industry. My brother opened up a company like Tripani Enterprises, and we, like, advise and consult for crypto projects. Okay. So basically like. For guys that are doing like, okay, that are starting their own, their own company or

their own coin or. So the only thing legally I'm not allowed to do is start my own. Yeah. company that's a security so like i'm not banned from crypto right like i can even create meme coins if i wanted to like right now the industry is like and it used to be nfts which were like not deemed securities either which they were closer to securities than than uh but they're just collectibles right and now meme coins are not not deemed securities by the cc like on paper so officially i'm allowed to create coins again i have you know i don't create coins but i uh like i advise i i i you know

trade a little bit whatever um yeah so so you're so you guys your brother gets a company he gets a company that's interested in doing this and you got when you go on zoom and everything you go on like i'm assuming i don't i'm assuming you there's no real very very few meetings anymore no i meet people yeah i do a lot of zoom calls with like big teams right right that's what i meant zoom calls i didn't mean like in person like you're not going into it no the conference but what happened was what really got us back into the industry is jason DeRullo um he wanted to launch a coin and then he got scammed by some some new indian kid that's like the main scammer on crypto right um his name's Sahil and he's uh it's funny he hits me up all the time

his kid's the hill he's like he's like he got like keelan jennar jason de rule he's got like every celebrity he's like and then he's like i don't know where he lives that he can just like he's like making documentaries about like as he's scamming these people it's like a live live scam he does give his shit he's ruthless i honestly i respect his worth that he's a beast and he and he contacts you to say like hey what's going yeah he's like yeah what you doing well what happened was with jason derulo like i knew jason derulo right and like i was like yo you should launch your coin and then two weeks later i see jason derulo post the thing that he launched a coin and then it rugs you know rug pulls yeah yeah so like i'm like he went to se hill i knew it right away you know

and um so i call them and i'm like listen you're going to literally like get in probably get in trouble for this right like you got paid and then there was a rug pull right i was like we can fix this right so like i just start buying up the coin and uh like that's how like how i got back into crypto it's like i just basically bought like a little bit of the coin at the bottom and then like i got jason to like help push this coin like revive the coin and he bought like a few jason DeRulo buys like a few hundred thousand makes a video of it and we run it back up from like 50,000 market cap to like 36 million market cap so like I led this Jason Derulo coin and that's like how I really got my name back in the industry as like a like a advisor of coins. So like and through that

like as I was dealing with that like I was calling like the biggest crypto exchanges the biggest and get like I got all these contacts because like they were like trying to do deals for the coin for the publicity of jason derulo so now like i i like became like known in the industry again like in a good way yeah yeah it kind of kind of revamped your whatever your your your image yeah yeah and like a lot of people did really well right like anybody that like listen to me like when i first it was like yo everybody should buy this coin like jason's going to go crazy with this and uh jason ran it up crazy and he did really well and then uh from there like the next week you know our company started getting calls to do like advisory deals and and all these different types of thing

like that and um you know the business the industry is amazing like crypto in my opinion is like the dream right like there's just endless endless money and it feels fake but it's like the fact that it turns into real money is bizarre right but yeah that's that's where that's where i'm at now well did you finish your book you put i so like i i i had written like 25 chapters right trying to sell the book right and i had like a co-author and through trying to sell the book is what i had an agent and that's what got me the deal i got a podcast deal that i did with uh glass and and and i got the and netflix got me they got me she got me like a preliminary interview with Netflix and that's how Netflix came about

through trying to sell this book and then I ended up doing those things and never finishing the book and I still have 25 chapters of this book but then like after seeing Netflix and seeing the podcast and seeing how they portrayed me and like I've like the co-author that helped write I'm like I need to rewrite this book like into my words right like the true story of like the I need I need to be more raw like fuck Like, fuck, like, I don't even care about making money off the book. Like, I just want to release a true version out there. I'll do it on Amazon publishing, right?

Yeah, yeah. When I have the time, like, I just need a, like, the market's hot right now. So, like, I haven't had time to sit and write. You could get a ghost writer. I know. I need to get one that, like. You got to get a decent one. Yeah.

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