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MSNBC MSNBC Reports June 4, 2024 16:30:00 - Vimarsana News

MSNBC MSNBC Reports June 4, 2024 16:30:00

Why should people listen to you now? >> they would have saved 75% of their money. i started writing articles in october of last year. the crypto market peaked in november. i don't want to brag. but we top-ticked the market, somewhat coincidentally. since then, the market has crashed. unfortunately, even the numbers that you see in crypto currency are most likely untrustworthy. once you put your real money into an investment that is being run through the bahamas, like ftx was, you're sending your money back to a different regulatory regime, it's difficult to get that money back often. ftx is pe...

MSNBC MSNBC Reports June 4, 2024 16:20:00 - Vimarsana News

MSNBC MSNBC Reports June 4, 2024 16:20:00

And that's what you're seeing reflected in the market right now, higher odds of recession, economic slowdown, because central banks making it clear, they're far from done when it comes to this job of fighting inflation. >> all right. sara eisen. thank you so much for breaking that down. the senate just voted to ban tiktok on all government devices. could this be the beginning of a larger u.s. ban? the celebrity that fell down the crypto robert hole during the pandemic and then became one of the industry's most prominent critics. >> in my opinion, the crypto currency industry, represents th...

MSNBC MSNBC Reports June 4, 2024 16:29:00 - Vimarsana News

MSNBC MSNBC Reports June 4, 2024 16:29:00

Crypto currency can't do many of those things for many reasons. the fact that crypto currencies weren't currencies to me were very strange. i went down the rabbit hole, i took gary gensler's course at m.i.t. on crypto and block chain. it was the pandemic. i had time on my hands and took the course. i had more and more questions and by the end of it, i finally concluded that this was at least a speculative bubble at a minimum. a massive one. and at worst, a speculative bubble built on fraud. and so, i reached out to a journalist and i'm writing a book about this. >> you mentioned some of your c...

MSNBC MSNBC Reports June 4, 2024 16:02:00 - Vimarsana News

MSNBC MSNBC Reports June 4, 2024 16:02:00

Plate deadline for one more week. we'll look at the votes it needs in the senate before time runs out. with congressional scrutiny into crypto after sam bankman-fried arrest in the bahamas. one of the most prominent anti-crypto voices out there with this powerful warning to lawmakers. >> by the time the dust settles, crypto may represent a fraud at least ten-times bigger than madoff. >> ben will join me to talk about his message for other celebrities like tom brady and larry david, who vouched for ftx before its collapse. we're going to begin with the extreme weather across the u.s. starti...

MSNBC MSNBC Reports June 4, 2024 16:27:00 - Vimarsana News

MSNBC MSNBC Reports June 4, 2024 16:27:00

Session. at the same time, it speaks to the larger climate, that wants to regulate this platform, that has grown in size in the massive way in the last few years alone. ali vitale, thank you very much. lawmakers are putting scrutiny on crypto with a bipartisan senate bill, aimed at cracking down on money laundering in the industry. it comes days after the disgraced founder of ftx sam brankman-fried, was arrested in the bahamas after ftx collapse. it had the endorsement of celebrities. but another celebrity has emerged as a vocal critic of crypto and its actors. ben mckenzie testified yesterd...