CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Paul Tuchmann of Wiggin and Dana shares his take on the performance of both prosecutors and the defense team in the trial of Sam Bankman-Fried.
Chapters:
00:00 – CNBC Crypto World, Oct 19, 2023
0:24 – Bitcoin on the rise
0:40 – The headlines
2:53 – Paul Tuchmann of Wiggin and Dana
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New York AG sues Digital Currency Group, Genesis and Gemini, alleging fraud: CNBC Crypto World
20 Comments
Should have never shortened Doge!!
Way to go.
Leticia seems like a political chest ♟️ with not much ground to stand on, that's just my general impression..🤔🤷
The wonderful world of shitcoins and all that inhabit it. Satoshi Nakamoto must be very disapointed at all the parasites and leeches attching themselves to bitcoin
Do You Know PPL Borrow Undervalued Stocks To Sell = Short Sellers.
So If Those cheap Stocks Go Up They Loose Money = Short Squeeze. So Let's go…
Incompetent women with power will be our downfall. The collapse is only a matter of time for sure. At least then we'll get back to reality and traditional gender roles.
It is interesting to see how the growing appeal of cryptocurrencies like Bitcoin, as an alternative asset during times of eroding confidence in traditional banking, has attracted retail investors. The permissionless and autonomous nature of cryptocurrencies offers a sense of safety and value in the ever-evolving world of finance. This context further highlights the significance of Mr Bennett Fauci's excellent trading strategy, which has enabled me to amass 32 btc in just three weeks. In the field of cryptocurrency trading, Mr Fauci has proven to be a true visionary.
0:00: 💼 New York State sues digital currency group and Gemini for alleged fraud.
3:25: ✅ The prosecution in the SPF trial has successfully presented its case so far.
4:47: 🎯 The defense in the trial of Sam Bankman-Freed may choose to have him testify based on the testimony heard so far.
7:15: 🔍 Former FTX executives, including Sam Bankman-Fried, have admitted to defrauding FTX customers and excessive spending on celebrities and sponsorships.
10:12: 🔍 The defense effectively cross-examined Mr. Singh about the misuse of customer funds, but Mr. Singh's admission and explanation were also effective for the prosecution.
Recap by Tammy AI
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.Whats your take on this approach?
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
This AG is a disgrace
Greatest news I have heard all year…bring this scammy exchange down.
Check out the next episode of CNBC’s Crypto World: https://youtu.be/BkzEY_8sQbM
Most people venture into crypto and other investments to be a millionaire. Meanwhile, I just want to be debt free
Yeah, now they know how Trump feels. This corrupt renegade DA needs to be removed.
They are all bunch of scammers!! 😂
Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. I think the stock and crypto market will go sideways or down just slightly over the next 6 months. I'm hopeful there won't be anymore interest rate increases. We probably could have avoided a lot of the inflation that has occurred over that time. It may have even been "transient" inflation as many were calling it back then. Early/mid 2024, interest rates should start dropping and the stock market will head to the moon. when news gets bearish start buying. "Keep it simple" that bear/ correction was the best thing that happened me. <Now I buy and just trade long term more than ever, I have made over 14btc from day trading with Jacob Kuria Signal in few weeks, I would highly recommend him to anyone looking to grow their investments. I believe we are in the spring phase…trade, rather than hold for a future you aren't sure about.
Gemini continued to accept money from investors for their EARN program, even "after" knowing (through internal memos) that those investments were now risky.
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol
😊
Maple Finance – The protocol launched on the Ethereum mainnet in May 2021.
MPL is down -75% now.
Another blockchain project born out of excess liquidity without proper fundamentals.
Thanks for 'expert' input who isnt invested in and biased🤦♂️
That kid will learn true meaning of 'mean reversion' after MPL dead cat bounce now.
This show is waste of electicity and internet broadband. Pure garbage.