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FOXNEWS The Journal Editorial Report June 4, 2024 20:50:00

Scam coins. it took the tiniest little pinprick for the whole house of cards to blow up. it was just held up by air. so remember that $10 billion ftt it is now worth 400 million. plus our 40 billion. so what they are left with is a debt. they had the debt against no collateral. that in essence is what blew this whole thing out. spate okay but here s the question i think our viewers must be asking which is, why? it s backed by nothing by air but why would you get sophisticated investors in many cases, not all them are sophisticated but sequoia capitol certainly is sophisticated. that is their business to invest in new companies reduce some of that ink i assume in this new companies. wyatt bet on a 30-year-old whose tokens are based on nothing? ....

Little Pinprick , Scam Coins , House Of Cards , 10 Billion , 0 Billion , 400 Million , 40 Billion , Sequoia Capitol , Wyatt Bet ,

BBCNEWS BBC News June 4, 2024 12:55:00

The january sales, which is to be the big sales period. black friday is a relatively recent phenomenon in this country. it is is a relatively recent phenomenon in this country- this country. it is interesting not because we this country. it is interesting not because we have this country. it is interesting not because we have seen this country. it is interesting not because we have seen a - this country. it is interesting not because we have seen a shift . this country. it is interesting not - because we have seen a shift forward of the sale period. when i was very young, january sales, particularly new year s day cells were very strong, there were queues around the blocks in town centres to get into department stores. that has largely disappeared because people can go online at midnight on christmas day and by what they want. by january, we have done quite a lot of our buying already. black friday has really replaced january sales. of course, there is always another surge in sp ....

Black Friday , January Sales , Town Centres , Department Stores , We Haven T ,

FOXNEWS FOX Friends First June 4, 2024 10:46:00

Distributed to friends and close associates. depend if lawmakers are able to get back money from houses he bought in the bahamas. carley: it doesn t look like that will happen, are these people out of luck? brian: right now it looks like they are mostly out of luck, they have to find the money, it will take a really long time to track down where the money went and i don t think they get a lot back. this is classic house of card schemes where a company created a bunch of tokens, said they were valuable, sold a few to make it look that way and borrowed money from people and lost it all. carley: so many people are going, how could this guy be in the bahamas? in order to be extradited, he has to be charged with a crime and he hasn t yet. ....

Carley Shimkus , Brian Brenberg , It Doesn T , Card Schemes ,

BBCNEWS World Business Report June 4, 2024 05:33:00

That the liquidity event that we so with that one is wide enough big enough big enough to kick start a wider financial crisis. kick-start a wider financial crisis. , , , ., crisis. just give us more detail than crisis. just give us more detail than what - crisis. just give us more detail than what the - crisis. just give us more i detail than what the bank crisis. just give us more - detail than what the bank of england is proposing because this is the deputy governor sir jon cunliffe you are saying that more needs to be done in many looking on mine say absolutely right, people need to be protected. people absolutely do need to be protected, yes. financial regulation is one of the most important aspects of the financial system.- financial system. volatile. financial system. volatile. financial| financial system. - volatile. financial system. other regulatory. say, look, other regulatory. say, look, so these guys may be be using tokens as collateral? shouldn t really be so difficult ....

Cuban Missile Crisis , Bank Of England , Jon Cunliffe , Bank Crisis , Liquidity Event , Financial Regulation , System Financial , Shouldn T , Financial System , It Part ,