1UP! MARAMI NAKASUHAN SA ENDORSEMENT NG CRYPTO PAANO PAG ENDORSEMENT NG PONZI SCAM RAFFY TULFO?
01:01.5
Mga artista, mga football players.
01:04.8
Dito sa side na ito, mga kabatas natin, politiko.
01:09.4
Tapos, endorsement ng mga produkto o kaya mga Ponzi Schemes or Ponzi-related companies.
01:21.6
Dalawa yan. Okay? What's up, mga kawanak?
01:26.5
Ito, i-update ko kasi kayo, mga kabatas natin, dun sa nangyari kaila Kim Kardashian noon.
01:33.5
Para malaman din natin kung ano yung dahilan kung bakit na-dismiss ito.
01:38.4
Oo, mga kabatas natin, na-dismiss yung kaso kaila Kim Kardashian dun sa kripto.
01:43.6
Yung pag-i-endorse nila ng isang kripto na nag-ragpull.
01:48.7
Okay? Ito, saan galing ito?
01:51.3
Ito, news.law.fordham.edu.
01:56.3
Mga kabatas natin, ito ay galing o news from Fordham Law School.
02:05.3
Okay? So, the source is legitimate.
02:11.5
Pag that edu yan, ito ay isang legitimate skwelahan sa Amerika
02:16.7
at hindi lang ito basta-basta na law school sa Amerika.
02:23.9
Law school ito sa Amerika.
02:30.3
Ito kasi yung issue tungkol sa FTX.
02:35.9
Huwag na nating bigyan ng pansinyan.
02:39.7
Basahin nyo na lang dyan eventually.
02:42.3
Nag-file na, ito yung FTX, bla bla bla.
02:46.3
Tapos, nag-file sila ng kaso.
02:48.3
So, itong, ano, itong...
02:53.3
Fordham Journal of Corporate and Financial Law.
02:58.6
Mga kabatas natin, para bigyan ko kayo ng buod.
03:02.8
Sinasabi niya na...
03:06.3
Kasi ito, itong nangyari,
03:08.8
a similar lawsuit took place in January
03:12.8
when Kim Kardashian and Floyd Maynard Jr.
03:15.6
were sued for allegedly using their influence
03:18.2
to convince investors to buy the EMAX token
03:21.3
from cryptocurrency Ethereum.
03:23.3
However, the judge dismissed the allegations
03:26.6
citing a lack of conclusive evidence
03:30.1
that the investors saw the endorsements.
03:33.1
So, bakit siya na-dismiss?
03:34.8
Kasi hindi nila napatunayan
03:36.4
na yung mga nag-invest
03:38.5
ay dumaan kay Kim Kardashian
03:40.8
o kaya kay Floyd Mayweather.
03:43.9
Naalala nyo yung issue
03:51.4
Di ba sinasabi nung mga tao doon?
03:53.3
Na si Luis Manzano ang nakita nila
03:57.3
at nagpakita pa sa live stream nila.
03:59.6
Ay hindi, hindi sa live stream.
04:02.1
Anong tawag dyan?
04:05.5
Online meeting nila.
04:07.6
Yun yung sinasabi nila.
04:09.5
They failed to provide that.
04:12.1
Hindi nila naipakita dito
04:16.4
ay nainganyo mag-invest
04:18.1
doon sa Ethereum Max o EMAX na yun
04:20.8
dahil sa nakita nila itong ads
04:23.0
ni Kim Kardashian at ni Floyd Mayweather Jr.
04:26.4
kaya ito na-dismiss.
04:29.0
Ngayon, ang sinasabi kasi dito
04:30.6
mga kabatas natin
04:31.8
na the sought-brought against celebrities
04:34.7
involved with FTX
04:36.1
should have the same outcome.
04:38.8
So, ang sinasabi dito ng Fordham
04:40.6
mga kabatas natin
04:41.5
Journal of Corporate and Financial Law
04:43.7
This is, of course, an opinion of the law school.
04:47.4
May nagsulat ng blog.
04:48.9
Ito si Sophia Rosher.
04:53.0
Na dapat ma-dismiss din yung kaso
04:56.0
kay Sam Bankman-Fried
04:58.4
katulad din nung pagka-dismiss
05:01.1
nung kaso nitong si Kim Kardashian
05:03.6
and Floyd Mayweather Jr.
05:07.2
The sought-brought against celebrities
05:09.4
involved with FTX
05:11.0
should have the same outcome.
05:13.7
it is inherently known
05:15.3
that celebrities who participate in advertisements
05:18.1
receive compensation for these advertisements.
05:21.2
Additionally, as consumers,
05:22.6
we are expected to internalize
05:24.5
that a celebrity endorsement
05:26.0
parlays into a relationship
05:27.5
between the celebrity and the company.
05:29.8
Tandaan niyo, this is about a celebrity.
05:33.4
the knowledge required to identify fraud
05:35.5
is arguably beyond a celebrity's scope and ability.
05:39.7
Celebrity kasi yung sinasabi dito.
05:43.7
the customer should not rely independently
05:45.8
on a celebrity endorsement
05:47.4
to make financial decisions.
05:49.0
Regardless of whether the consumer
05:51.6
of the investment opportunity
05:54.2
through a celebrity's endorsement,
05:56.5
the responsibility should be
05:57.9
the consumer's own
05:59.1
to do their due diligence
06:00.7
and decide if an investment
06:02.4
is in their best interest.
06:05.3
Diniskas ko rin ito.
06:06.8
Kasi maraming nagsasabi dyan
06:08.1
na kapag ikaw ay nag-invest
06:11.8
kasalanan mo yan.
06:13.4
Kasi hindi mo ginawa
06:14.6
yung due diligence na necessary.
06:16.6
Yung do your own research.
06:18.4
Yun sinasabi nila.
06:21.6
kasi dito mga kabatas natin,
06:23.4
ito yung class suit, no?
06:25.7
Tingnan natin itong kaso kasi
06:27.4
ni Sam Bankman-Fried.
06:29.2
Kasi sinabi dito sa opinion nila,
06:31.0
mga kabatas natin,
06:33.2
kay Sam Bankman-Fried
06:35.9
dapat ma-dismiss din.
06:40.6
Kung na-dismiss yung kaso niya o hindi?
06:47.4
Nagkamali yung law school doon.
06:51.6
Nagkamali sila ng proteksyon.
06:56.6
dito na lang sa Wikipedia,
07:00.4
Samuel Benjamin Bankman-Fried
07:03.7
is an American entrepreneur
07:05.1
who was convicted of fraud
07:07.0
and related crimes
07:08.3
in November 2023.
07:10.9
Kasi mga kabatas natin,
07:13.5
itong pinakita ko sa inyo
07:19.2
from Fordham Journal of Corporate and
07:25.1
Sinabi niya na dapat
07:26.1
ma-dismiss din yan
07:28.2
katulad nung kaso
07:29.8
nila Kim Kardashian
07:31.0
at Floyd Mayweather.
07:32.4
Pero yung sa kanya,
07:33.3
mga kabatas natin,
07:41.1
The public persona
07:44.6
masked significant problems
07:47.4
and in November 2022
07:48.8
when evidence of potential fraud
07:50.3
began to surface,
07:51.2
depositors quickly withdrew
07:53.6
blah, blah, blah, blah.
08:02.4
mga kabatas natin,
08:04.4
o in-emphasize sa inyo
08:11.3
mga kabatas natin.
08:13.9
Kapag itong mga celebrity kasi,
08:16.8
pagpa-file-an sila ng fraud,
08:20.2
dapat talaga ipakasal
08:23.2
ay umasa sa kanilang endorsements.
08:27.8
Nakita yung kanilang
08:33.7
maging liable sila
08:37.9
Yung panluloko or estafa,
08:40.5
ipasok natin yung one-up
08:43.2
Yung endorsement niya,
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yung pagiging face niya,
08:48.2
yung pagiging brand ambassador niya
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brand ambassador at saka siyempre
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yung kanyang pagiging endorser
08:56.7
ng Elixir, mga kabatas natin.
08:58.9
Ipasok natin yan.
09:00.9
Ano ba yung issue
09:05.0
ng Department of Justice
09:10.6
Ano yung linabas niya na issue?
09:12.8
Mga kabatas natin,
09:14.3
hindi siya ethical.
09:23.1
the Code of Ethics
09:26.0
ng public servant.
09:29.6
Kinote natin yan.
09:31.2
So, we are not talking about
09:34.1
We are not talking about
09:35.5
a simple celebrity.
09:36.9
Although celebrity si Rafi Tulfo,
09:39.1
but aside from being a celebrity,
09:40.9
he is also a public servant.
09:43.4
Therefore, he is covered
09:44.9
by the Code of Ethics
09:49.0
of public servants.
09:51.1
So, before we talk about
09:54.4
oh, yan nga, sinasabi nila,
09:56.6
di ba hindi ka...
09:57.4
Well, yung isa na-convict.
10:01.5
Yung sinasabi nila
10:02.5
dito sa Fordham Journal of Corporate
10:04.4
and Financial Law
10:06.6
yung pagka-dismiss ng kaso
10:10.2
at saka ni Kim Kardashian
10:12.0
doon kay Sam Bankman-Fried.
10:14.3
Hindi na-dismiss yung
10:15.4
kay Sam Bankman-Fried.
10:17.1
Itong si Sam Bankman-Fried,
10:18.5
mga kabatas natin,
10:21.1
Pero we are not talking
10:23.5
when it comes to Rafi Tulfo
10:24.9
or conviction for fraud.
10:27.0
We are talking about
10:28.1
violation of the ethical standards
10:30.5
of public officers.
10:32.9
And aside from that,
10:34.3
mga kabatas natin,
10:35.1
we are also talking about
10:37.5
It is expressly provided for
10:41.6
That you cannot have
10:43.6
if you are a public servant
10:46.1
you are not expressly
10:56.1
Sabi niya Ramon Reyes,
10:58.8
endorsed by Luis Manzano,
11:02.3
pwede po bang pumasok dyan?
11:06.9
yung hindi nila napatunayan.
11:09.4
Lack of conclusive evidence
11:11.4
that the investors
11:12.3
saw the endorsements.
11:16.8
Kapag mapapatunayan mo
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na yung tao na yun,
11:21.1
yung celebrity na yun,
11:25.1
endorsement niya.
11:26.9
At dahil sa endorsement niya,
11:31.4
kaya ka nag-invest
11:35.0
o sa scam na yun,
11:37.4
hindi na siya madidismiss.
11:40.9
conclusive evidence
11:42.3
that you saw the endorsement.
11:46.7
Kaya nga lagi kong sinasabi
11:48.3
sa inyo mga kabatas natin,
11:49.5
whenever you look
11:51.9
that are being dismissed,
11:54.2
look at the reasons
11:57.3
why it was dismissed.
11:59.3
Ngayon, balik tayo dito
12:00.3
sa mga pinakatanong nila.
12:12.7
pag celebrity ka,
12:14.3
na mag-endorse ka
12:22.0
Kaya nga, scam eh.
12:23.1
Kaya nga, hindi dapat
12:23.9
ini-endorse yan eh.
12:25.8
You still have responsibility.
12:34.1
ang isang iligal na bagay.
12:40.9
na kapag napatunayan nila
12:46.0
na nagkaso sa iyo,
12:50.8
yung endorsement mo
13:03.8
lack of conclusive evidence
13:05.4
that the investors
13:06.6
saw the endorsements,
13:08.2
papasok na yung kaso.
13:17.6
napatunayan dito.
13:19.4
Kung mapapatunayan mo
13:20.7
yan sa ibang kaso,
13:22.4
papasok yung kaso mo.
13:40.9
mga kabatas natin.
13:42.5
yung parody channel
13:44.3
mga kabatas natin.
13:46.1
Subscribe kayo doon.
13:47.6
ng mga kanta doon.
13:49.1
Maraming salamat po.
13:50.0
Syempre, tulungan langin
13:53.8
na yung natutulog
13:55.6
siya yung laging panalo.
