Bernie Madoff’s lawyer talks about what is in store for former FTX CEO Sam Bankman Fried and GOOD NEWS for Binance. Also, Fed raises rates 50 BPS and the market…drops?
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0:00 – Market Recap | Topics Overview
1:13 – 50 BPS HIKE AND MARKET…DIPS?
3:24 – BERNIE MADOFF’S LAWYER TELL US WHAT’S IN STORE FOR SBF & WILL HE CUT A DEAL? KEVIN O’LEARY TESTIFIES
13:06 – I’VE BEEN CRITICAL OF BINANCE BUT WHAT HAPPENED YESTERDAY MAKES ME BULLISH
15:56 – O! CANADA. BANNING LEVERAGE?
20:00 – YESTERDAY’S TAX VIDEO QUICK UPDATE
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When Alex and Steave will arrested too?
Kevin is a smuck
Kevin was in this with SBF he is a smuck that should be charged too
Kevin Oleary looks like a complete tool now.
SBF and his family must have something on Kevin O’Leary to make him continue to defend SBF and deflect attention to Binance.
So I’m kinda like mr wonderful on this where did the money go the value might now be the same but the actual tokens have to be somewhere
The current Liberal government here in Canada is becoming more oppressive every day and I believe they are trying to shut crypto down here. They have frozen bank accounts after protests and are in the process of pushing the final stages of bills to regulate what we can see on the internet and researching a CBDC
O'leary is a sleeze bag
Seems FTX put himself out of business
remember interest rates keep going up – this makes our spending power decrease – this wont change for a LONG time, probably 6-12 months – bad news for crypto and stocks.
markets went down not because of .5 hike but because fed raised hike target above 5٪
i used leverage once (3x) – was so nervous – never again!.
SBF vanishing BACK into the
THREE LETTER MATRIX 🤔
Binance did us all a favor. Dan, you need to renounce that BS coming out of Kevin O’Leary’s lying mouth a little harder. Mr Wonderful is apparently a POS. And how can our politicians do shit about Binance anyways as they’ve neglected any form of regulation. And Binance isn’t even close to a Monopoly. Google and Apple both have a much bigger corporate leverage in their prospective businesses. What about CoinBase, Kraken, Huobi, KuCoin, or a hundred other exchanges? Jesus! So stupid!
i know kevin's a shark but also might b a snake. ftx fucked ftx, binance merely shined the light
DEFLECTION!
I agree that Kevin O'Leary is attempting to deflect negative attention off of FTX and onto Binance.
Kevin O'Leary is a paid spokesman for FTX.
Mr Wonderful declared war – SBF is a fraud and he blamed everyone else but the one person who created this mess of co mingled funds and lack of any oversight or fiduciary compliance.
"things happen gradually then suddenly then here we are" my favorite statement in a long time. It happens just like that more often then we realize.
Glass steagle
SELF-CUSTODY IS THE SOLUTION. CRYPTO EXCHANGES SYSTEM HAS THE SAME WITH BANK SYSTEM. IMO. PEACE.
I'm sure that that was for 1 charge, and he has many Rob
It would be huge if they manage to prove in court that Gensler was in on the FTX scam.
So huge that idk if it would be bullish or bearish
Tax loss harvesting/washing is net 0. Eg if you sell at a $5k loss and rebuy. Later next year that asset rises $5k, your "loss" offsets the "gain", same as holding the whole time… a taxable event is when you sell… it doesn't achieve anything.
kevin is a mindless dolt, complete joke. excellent video
Mr Wonderful……your a big fan/groupie? He s rich and he s on tv…he must be a good person. …who would think he would eventually show as spineless and completely devoid of real character hey? What a surprise…lol. And you then point fingers at CZ….who visibly has more substance and character in his small toe nail than Kevin O leary could ever hope for. Great calls…haha. 👍
Ohhhh so Binance we’re the ones who made FTX miss handle user funds… right I see
I always agree with your train of thoughts Rob!!!
Constant sports betting app commercials on TV and social media, casino ads, state lottery ads,….
Its hypocritical to ban leverage trading, I dont do it, but then again I dont waste my money on gambling either.
Hypocritical, enough said.
I think people are starting to realize the Fed isn't going to pivot anytime soon.maybe until 2024.inflation is not going away because businesses have to now raise their prices to keep up with inflation
Kevin O'Leary topic: Binance was the whistle blower to the FTX fraudulent ponzi. Sure, Binance is probably just as fraudulent. Doesn't change the fact that FTX was deeply corrupt.
Saying "leverage hurts people" is like saying "guns kill people"… NO — people hurt themselves, with greed & poor risk management.
If I want to trade futures or margin at 2x or 100x, that should be my choice. Especially with auto-liquidation features & insurance that prevent anyone from getting into more trouble than they can cover.
Don't start shaking your finger at margin/futures traders just because you suck at it. If leverage is removed from anyone, it should be the casinos that we call "hedge funds" which gamble with other ppl's money (making risk just another four letter word).
Anyone cheering for gov't regulation needs to pull their head out of their a$$. There's no better regulator than a free market as it flushes bad actors out. A free market is a strong and intelligent market. Or do you believe letting a child grow up in a bubble of protection, never experiencing consequence, to be beneficial in some way to the child? Fact is, you end up with a naive and gullible (likely entitled) child.
really should be enforcing regulation through smart contract modification when appropriate.
CZ is like a shark in the OCEAN neither good nor bad. They are just eating machines. If you're in the wrong place at the wrong time, you'll get eaten. I don't believe he had a focus to take down Bankmanfraud.
Fuck a deal
Rob- federal prison time comes with almost ZERO good-time.. in other words you do 85% of yor sentence. (Where as state prison time you generally do only 50% with good behavior or “good time”).
And yea, WHERE is Gensler, what about Sams parents, aunt , and DC crony brother????
And problem is w/ regulations, you can obviously no longer trust the government any more than you can your average prison inmate. (Especially Trudope, Buyden, or any WEF rat)
The sec was working with SBF. Is he really gonna get prosecuted thst hard?
Looks like KOL has an agenda but not sure as to whats driving him
If Binance was a global Monopoly, then Coinbase wouldn't be a publicly traded company. Monopoly = 1, not multiple. Business 101.
I don't like the double standard where the only ones restricted from leverage trading are citizen's w/less than $10M
funds were safu