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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
We had raised 200,000 Ethereum, like a bunch of Bitcoin, a bunch of Litecoin.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
We raised like a lot of OTC Ethereum as well.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
So like more than 200,000.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
Um, and then like we raised it at $200 and then like the market boomed right after that until like $1,300.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
So it went from basically having like, um, you know, we had a hundred million central coins made, which like at the start we raised them at like a dollar a piece.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then it went to like, uh,
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
like six to eight dollars a piece so that was like an 800 million dollar mark cap and then plus we had 200 000 ethereum 200 which you know at 1300 is 260 i guess like roughly around there and then you know bitcoin and litecoin and all that type of shit so
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
It was crazy.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
Like we went from having like, like when we first started raising money, we were raised like probably like a hundred K over two months.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then like out of nowhere, some guy like made a mistake with like, he was like AI to put out, uh, articles and, um, his AI messed up and like combined this with the bank.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
and then basically said that we like put out this article and then 2 million, like I was just literally on my balcony smoking a joint.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then like out of nowhere, like I was always just like sitting, just like updating ether scan for anybody that knows crypto.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
Like I was just like checking how much money was coming into the ICO wallet.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then, like, out of nowhere, I did see, like, 100K, 500K, 200, like, these huge amounts.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
Like, people start, like, because this guy is at Motion.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
His name is Cliff High.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
Yeah.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And, like, it was just a total mistake on his part.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then, like, 2 million came in, like, over the course of a couple hours.
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Ray Trapani: How I Lost $800,000,000 in Crypto and Survived Prison | DSH #1585
And then, like, from there, we, like, kind of took that money.