The $1.7 Million Lie

  • Published: 15 February 2019
  • The Defy saga continues...A few weeks ago, I told you my personal history with MCNs and how this industry, one that was built to revolutionize entertainment, has instead spent years taking advantage of creators and investors alike. In the aftermath of that video, we've received an overwhelming amount of support from viewers, news publications, and other Creators, and I cannot be more grateful because after months of silence from all relevant parties, that groundswell of noise has finally gotten us a response...though it's not a particularly hopeful one. So today, I want to focus not on Defy, but the response we received from the bank that seized all of their funds -- Ally -- in order to teach you about the way banks work and the tactics PR teams use to direct our attention away from the real issues.

    And as always, thank you for your support as we continue to fight on behalf of all creators wronged as a part of this situation.

    Watch the first video about this situation. ►

    #DEFYMedia #DEFY #Lie #scam #stolen #robbed #fraud #mcn #exposed #AllyBank #storytime #GameTheory #MatPat
  • Entertainment Entertainment

Comments • 26 959

  • the divel
    the divel  5 hours back

    We need an update damn it

    • Matthew Burton
      Matthew Burton  1 days back

      As much as I hate it but you are absolutely right, Ally will take their money first. You won't even be second, as any other loans will be paid LOOOOOONNNNNGGG before you and the other creators even know they have started to divy up the money. I'm sorry, Brother.

      • Josh Wrye
        Josh Wrye  2 days back

        Your logic is that Ally should have done it's due diligence in taking a risk by choosing to give money to Defy to manage, so you mock them. As such, should we mock you since you didn't do your due diligence prior to taking a risk by choosing to give money to Defy to manage? You and Ally literally did the exact same thing, the only difference is the amount of money you freely allowed Defy to manage.

        • Ivan Senes
          Ivan Senes  2 days back

          I do not have bank account haha

          • William Colebrook-Smith

            It is beyond me how someone could do this, or dislike a video like this.

            • Lee Hong Jin
              Lee Hong Jin  4 days back

              Ally Bank: We lent Defy all that money so we should be first-

              All of us: OBJECTION!

              • Nathaniel Weis
                Nathaniel Weis  4 days back

                im back after awhile and im curious how this turned out im worried did you guys get your money back or did the bank play the greedy bugger and not pay what is rightfully yours, the creators?

                • hawkrap
                  hawkrap  5 days back

                  I was happy watching an ad so MatPat can get more money, but then I realized..

                  • Thunder Fox
                    Thunder Fox  5 days back

                    2:41 is so freaking satisfying

                    • Magic Strike
                      Magic Strike  6 days back

                      I am so sorry about what happened MatPat. You and your family in my prayers. GodSpeed man Godspeed.

                      • Summer Nugget
                        Summer Nugget  6 days back

                        No but seriously thats a BIIIIG steal from you and the 50 other creators i shared on this on twitter <3

                        (Can't share on FaceBook since I'm 11, wait is twitter the same? i dont know :p)

                        • Summer Nugget
                          Summer Nugget  6 days back

                          I understand you MatPat, now I ain't giving my money to no bank or anyone im keeping it in a safe made out of 100 layers of iron in my closet

                          • Lps Mia
                            Lps Mia  6 days back

                            *MatPat ripps the papper*
                            Me: Heck yeah! There you go ally bank!!!!!!!!!

                            • Trey Michael
                              Trey Michael  1 weeks back

                              MatPat would be the president!😎😎 #BetterThanTrump!!

                              • Omar Eyad
                                Omar Eyad  1 weeks back

                                I think it shouldn’t be called ally it should be enemy

                                • Ashley Thomson
                                  Ashley Thomson  1 weeks back

                                  Wait! Lemme get this straight. Defy closed up, and Ally stole 1.7 MILLION dollars split between creators? Or did Ally steal it from just you???

                                  • Omar Gutierrez
                                    Omar Gutierrez  2 weeks back

                                    You should be a lawyer

                                    • Emily Nguyen
                                      Emily Nguyen  2 weeks back

                                      YouTubers: *earn money*

                                      Defy: ..... *I THINK I’M ‘BOUT TO STEAL.*

                                      • S.G.
                                        S.G.  3 weeks back

                                        Just wonderin'

                                        • S.G.
                                          S.G.  3 weeks back

                                          Do animation creators have to do this

                                          • Selorm Animations
                                            Selorm Animations  2 weeks back

                                            No, but it almost happened to Janky Janker. He's the voice actor for Gumball in the amazing world of Gumball.

                                        • S.G.
                                          S.G.  3 weeks back

                                          MCN'S SUCK DONGS

                                          • JoNatHan K
                                            JoNatHan K  3 weeks back

                                            Why put people in Prison for stealing from the Bank ?

                                            • JoNatHan K
                                              JoNatHan K  3 weeks back

                                              $9.8 Billion ,and 7.8 Billion people.

                                              • JoNatHan K
                                                JoNatHan K  3 weeks back

                                                Rey ? Is she even Human ?
                                                Dose Red mean Dark side in Walt Disney Star Wars ?

                                                • GTorres 4
                                                  GTorres 4  3 weeks back

                                                  Tobey Maguire

                                                  • poo sucks
                                                    poo sucks  3 weeks back

                                                    matpat should make a soap company

                                                    • Bluesky1221
                                                      Bluesky1221  3 weeks back

                                                      Matpat joining the league of financial institution whistle blowers.

                                                      • Kamoflauge
                                                        Kamoflauge  4 weeks back


                                                        H E H

                                                        • Float
                                                          Float  4 weeks back

                                                          ally bank has to pay its employees also mat you cant just dismiss that and then complain about the amount you lost its baised
                                                          4:39 those creators also chose the mcn they wanted to partner with

                                                          • jurgen Kenneth
                                                            jurgen Kenneth  4 weeks back

                                                            Some idiots don't believe this stuff...What idiots

                                                            • zombies1x
                                                              zombies1x  4 weeks back

                                                              Oh and, you don’t need a bank account Edit: AND YOU SHOULDN’T GET ONE, also my old comment, DONT TRUST BANKERS

                                                              • zombies1x
                                                                zombies1x  4 weeks back

                                                                DEFYmedia did a big on purpose lie

                                                                • Caitlin Strafaci
                                                                  Caitlin Strafaci  1 months back

                                                                  What I'm seeing is that YouTube should cut out the middleman.

                                                                  Rachel needs to pay Bob $20 for mowing her lawn. She gives the money to Dylan, who doesn't give to money to Bob, but uses that money to pay his water bill of $100 to WaterBiz

                                                                  Bob is pissed, because his money has been stolen by Dylan. After Bob talks to WaterBiz, they say
                                                                  "Sorry about that, but we're losing money too! Dylan could pay his water bill in full!"

                                                                  This makes no sense because Bob has never met Dylan. Bob doesn't owe Dylan money, they have no feud. But suddenly Bob's on the line due to Dylan's greed.

                                                                  • * Nobody Jr.
                                                                    * Nobody Jr.  1 months back


                                                                    • Daniel Jerman
                                                                      Daniel Jerman  1 months back

                                                                      purple hairs

                                                                      • Nic Eder
                                                                        Nic Eder  1 months back

                                                                        Dear Matt!
                                                                        when i was 17 I got diagnosed with a genetic disorder called morbus stargardt, which causes visual impairement. ahd it unknowingly all my life. So I (had to) quit school. I invested all my money my grandparents saved for me all my life for an become a masseur (creative choice for almost blind people, i know). When the day for the final exams arrived I was told that I can't take some of the exams because I am not allowed to use therapy with the help of heat or electricity. So I learned a job i am not even allowed to do. 25k gone for this education without result.

                                                                        I am 27 now. I'm not allowed to work at all, I'm not allowed to learn anything else, I'm not allowed to go into Invalidity retirement. I am sitting in my little flat all day long, can only goe outside with a cap, special sunglasses and the will to endure the pain of light.

                                                                        Life is unfair...sometimes you have bad luck and more often than not your hands are tied. In my'll lose that fight and even more money, doen't matter how many nerds stand behind you

                                                                        • pug gaming
                                                                          pug gaming  1 months back

                                                                          Defy don't betraye the hand that feeds.

                                                                          • crazyvicki18
                                                                            crazyvicki18  1 months back

                                                                            Did this ever get sorted?

                                                                            • Hein Htut Aung
                                                                              Hein Htut Aung  1 months back

                                                                              you are the master of talking

                                                                              • Lion Chomp
                                                                                Lion Chomp  1 months back

                                                                                HOW IN THE HELL DOES THIS MAN HAVE 300 IQ!!!!

                                                                                • MasterYehuda816
                                                                                  MasterYehuda816  1 months back

                                                                                  EVERYONE! ITS TIME FOR A RIOT! GRAB YOUR TORCH AND PITCHFORKS

                                                                                  • Xx UniCat xX
                                                                                    Xx UniCat xX  1 months back

                                                                                    where's Bijuu Mike when you need him?

                                                                                    • OnePunnyChild :3
                                                                                      OnePunnyChild :3  1 months back

                                                                                      MatPat = Eridan Ampora confirmed???

                                                                                      • Brooklyn Cloudsong
                                                                                        Brooklyn Cloudsong  1 months back

                                                                                        you can tell hes like


                                                                                        • Sniping Moose
                                                                                          Sniping Moose  1 months back

                                                                                          Update pls?

                                                                                          • Lai Nemo
                                                                                            Lai Nemo  1 months back

                                                                                            I felt bad, I don't understand everything, you are so smart mat pat

                                                                                            • Lai Nemo
                                                                                              Lai Nemo  1 months back

                                                                                              you should make a channel called mat pat talk for edu

                                                                                              • Supe Soup
                                                                                                Supe Soup  1 months back

                                                                                                hoi peeps i feel bad sorry