Chapter
The SEC's Cryptocurrency Crackdown
56:28 - 1:01:29 (05:01)
The SEC recently cracked down on a cryptocurrency fund for allegedly attempting to buy their way onto exchanges and creating false accounts to appear long on trades, prompting a discussion of the potential dangers of large sums of money in crypto.
Clips
The SEC alleges that John McAfee and his team tried to manipulate the crypto market by creating fake accounts and making it look like people were long.
56:28 - 1:01:29 (05:01)
John McAfee
Summary
The SEC alleges that John McAfee and his team tried to manipulate the crypto market by creating fake accounts and making it look like people were long. It is essential to take profits instead of letting them ride on risky investments, as evidenced by this case.