How To Turn $100K into $4,000,000 with Distressed Investing

So after Scott came on the pod and was like I have my distressed guy in Europe. I'm like Ben. Find me the distressed guy in Europe. I feel like I can rule the world, I know I could be what I want to

I put my law in it like a day song on the road, less travel never too. Alright, so Scott Gallo is on our podcast. He's and we ask him, we say, you know, we heard the story that You were buying distressed FTX claims after FTX went into bankruptcy. And Everybody hated it. It was like Th it was the disgrace. It was the the symbol of a bad bad business, a bad investment.

I heard that you were buying up claims on the cheap and that those claims are now being paid out, you know, in full or even more than full because Sam Bakeman Freed, wh whatever he was doing his thing. He had owned enough assets that would would make all the creditors whole. And so he tells the story about how he's got this guy who's brought him into a couple of deals and he was talking about distressed investing. And when he told the story, he like he like kinda dismissed it. He was like I bought ten million dollars of FTX shares or something like that. Or two million. Two million, I think it was something. Sorry, whatever it was, it was like a seven figure bet. And he sort of said, Like, Yeah, I just did this one thing and Sean and I were like Rewind. What?

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