Stay updated with breaking news from Edwin escarraga. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Migrants when title 42, that pandemic-era measure that blocked many of them from entering, expires next week. thousands of people a day are expected to try to cross into the border city of el paso, texas. cbs lilia luciano is there. it makes me sad to leave my wife, my kids, my mother, says 36-year-old edwin antonio cruz, while in a damp, makeshift shelter in el paso, as he makes plans to provide for his family of five in nicaragua. what does your daughter tell you when you talk to her? that she s going to miss you on christmas. he says he knows he can t stay to go in the u.s. and doesn t want to. he just hopes to work for a year or two, save, and return home. that you re built to work, that the nicaraguans who are here, they just want to go on to their journey and start working. he s among thousands of nicaraguans who have been able to cross the border in el paso and wait for an asylum hearing while in the u.s. ....
The new ceo of ftx was quoted as saying that he has never seen such a complete failure of corporate controls. i know you are not the attorney, but what do you need to prove in this case do you believe now, sir? that they were misleading us and encouraging people to get into their system and invest in the company. bill: how much money did you invest, how much money do you think you lost? i m not bill: simply put? we re putting that together right now on the damages. bill: hang on one second. i am just trying to edwin, do you care to share with our audience? was it a substantial amount of your net worth or how would you characterize it? it was some savings i had. ....
bill: adam, i imagine there are many others like edwin. make your case, how do you win? there are thousands of them, bill. it is an emergency and it is a real crisis here in miami. there is over $30 billion which have been lost by investors in voyager, in ftx and all the other crypto currencies going bankrupt. how these cases are organized from the very beginning will be crucial. it could take decades to go through billions of dollars in the bankruptcy court and litigation courts. we can t let that happen. there has to be an organized fashion for all these victims who relied upon these celebrities and never disclosed from any of the commercials that they were getting personal motivational stock and money from going to people likeed and convincing them it is a safe and simple investment. we need to organize it now. ....
bill: understand that and you are going after big names. one more question for you and i m sorry we re short on time. a lot going on in washington, d.c. adam. it is my understanding that anyone who invested in ftx. there was no paper trail or nowhere to log on and find out what your investment was doing. is that not some part of the responsibility of the investors him or herself? well, it could be but it doesn t matter when what you are doing is a fraud. this was just a house of cards that was waiting to fall apart. the voyager crypto is the same, a house of cards waiting to fall apart. so we are going to prove that the people like mark cuban that told these investors to trust us, we have done our due diligence and checked it out. it is safe investments. they were not telling the truth. bill: thank you for your time. edwin, i am sorry about your loss. thank you for your time today. thank you, gentlemen, 12 past now. ....