Telegram-linked crypto token plunges after CEO is arrested in France: CNBC Crypto World
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, Wyoming Sen. Cynthia Lummis discusses feedback to her bill to build a strategic bitcoin reserve. Plus, she breaks down where progress stands on passing U.S. crypto regulation.
Following Monday’s show taping, an SEC spokesperson responded to CNBC’s request for comment on the court’s denial of Kraken’s motion to dismiss the agency’s lawsuit against the crypto exchange writing, “Once again, a court confirmed that the framework used to identify securities for nearly 80 years still applies, regardless of the labels used. Investors in crypto assets offered or sold as securities should get the same protections as investors in other securities, even when they are traded using intermediaries. Platforms for trading such crypto assets should register and ensure they have safeguards against fraud and manipulation, the commingling of customer assets, and conflicts of interests. Until they do so, investors will continue to get hurt.”
Late Monday afternoon a Kraken spokesperson responded to CNBC’s request for comment on whether the company plans to answer the complaint writing, “Kraken intends to answer the Complaint with multiple defenses to the SEC’s inconsistent and legally erroneous positions. We look forward to victory at trial.”
Chapters:
00:00 – CNBC Crypto World, Aug. 26, 2024
0:28 – Crypto prices drop
0:57 – The headlines
5:20 – Sen. Cynthia Lummis
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Telegram-linked crypto token plunges after CEO is arrested in France: CNBC Crypto World
50 Comments
There is no money, it's all fake. Copied signatures…dead presidents. It's called 'debt paper' for a reason. Just because you smear some poop on the tp does not make it something you should put in your pocket. FLUSH THAT SH$$
This stupid Bit Coin scam is purely designed to avoid government accountability. I say Fk them.
"Backed by the credit and good faith of the American people"
if i let someone use my home for illegal activities, i'm on the hook for said activites, just like durov is for telegrams ongoing riminals acts. you can't hide criminal acts and ones complicity behind claims of free speech, especially if you don't cooperate with lawful requests from the countries you operate/have citizenship in.
i have no problem applying this same approach to musk/twitter.
as for pushing bitcoin, any US politician pushing this, should have their financials examined… politicians like lummis only chime in when they've received fat donor checks or are sufficiently invested themsevles(self-dealing)
Europe Has Fallen! to Leftist tyranny
Can’t get to the point of the title much 👋🙄
BITCORN IS NEXT
BTC is used to make many valuable products.
Most people don't know that!
I do not want Bitcoin in the USA, I want US currency
Perez Dorothy Jones Melissa Lewis Donald
Sorry if this is a stupid question, but does anyone know how to transfer USDT from BitGet wallet to Binance if I only have the following words: scrub know faith win siren become slot notice chuckle shift few extra? I don't have the password or any other information. Is there any way to withdraw money
How convenient for the pyramid scheme
Don’t be deceived. Democrats despise anything that decentralizes political power, especially blockchain.
Moore Laura Davis Susan Walker Sarah
Francistan is not our friend. They've never been our friend, just another Euro dependent.
Kraken is released
Maybe everyone should… oh I don't know….stop using imaginary money? 😂😂😂
Only an idiot or a crook
ازادش کنید
کسی نیست به فرانسه بگوید بس کو آزادی بیان شما غربی ها. هر چیز که به خوشتان بیاد صداش در نمیارید و هر کس که اطلاعات مخاطبش را در اختیارتان نگذارد ت ر و ر یست یا خلا ف کار میدانید . و الان انسان محترم پاولدروف را برای چی دستگیرش کردین. متعصفم بر شما که چشمتان به نسل کشی می بندید
So France should be held liable for the losses of everyone holding said token.
It’s a slippery slope that needs to be addressed without favoritism towards these folks. Keep the money and Wall Street out of the picture judge it on its own merits.
Who protects the bitcoin value ? US military won't do that BUT the US dollar has some protection certainly.
The lady has no Idea What Bitcoin is and how it Works I would take her opinion with a bolder of Salt.
Bitcoin is the only future.
Why are theese people still getting scammed by these greedy theives
I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 27 BTC from day trading with Craig Evans insights and charts his been one step ahead of other analysis….
Crypto: Drops ~1%
CNBC: CRYPTO PLUNGES!!!
Time to buy the dip, hes worth more outta jail then in it for there courts
FREE ELON'S FAVORITE PEDO GUY!!!
I should’ve known the felon is involved wouldn’t you know it guy can’t keep out of corruption. It’s one in the same as the saying goes crime follows this guy everywhere he’s a magnet for criminal behavior.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
why does it say 150 comments but only two are showing?
Pavel is one of the biggest disgusting hypocrites in the world 🤢🤢🤮 He has been cooperating with the saudi royal mafia & the UAE secret police to track human rights activists for years 😡
So the story is more about stock prices dropping and not about the attack on the 1st Amendment by the stinky French?
If one would apprise as to what value backs Bitcorn or any crypto could then make a better assessment. As the US is now undeclared bankrupt, I can tell you what backs the US $. If you are a US Fed Taxpayer then you are backing the US $. The Gov't will insert excessive income taxes, and reach into all US Retirement plans (IRAs, 401Ks, etc) They will extract about 25%, and more later as necessary. They have the regulations now to do as Cyprus and other countries have done. Go into your bank accounts and extract cash above a certain amount, say $100K. In addition, I would say this: What does the US Constitution say about money? So, in the US money is backed by an undeclared Bankrupt US Gov't. But for crypto otherwise? Bitcoin, Bitcoin, Bitcoin What Trinsic, intrinsic, tangible, or intangible value does Bitcoin or any crypto currency have? I say de minimus to none. The US Constitution states in Article I Section 8 "Congress shall have the power to coin-mint money and determine the value thereof". The US Gov't will soon implement the US Digital dollar and render all other cryptocurrencies moot and demised (in the crypt). The US Gov't will never abdicate this power.
After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!🇨🇦🇨🇦
Thanks for sharing such valuable information! I need some advice: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
Pure Stupidity
❤Copy trading has truly transformed my life. After losing fifty-eight thousand dollars last month trading on my own, I've found immense success and happiness with copy trading. I've just purchased a house for my family, and I'm overjoyed.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Victoria Shen
Amazing video, you work for 40yrs to have $1M in your retirement, mean while some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Check out the next episode of CNBC Crypto World here: https://youtu.be/oJCufFcCsC4
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