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Folks are anxious to know what brought FTX to this point, says The Production Board's Friedberg

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David Friedberg, The Production Board chairman, joins ‘TechCheck’ to discuss what FTX’s liquidity situation means for the cryptocurrency industry, questions into how cryptocurrency exchanges operate and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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22 Comments

  1. The fail to regulate what they already control.
    Rampant FTD'S on AMC…infinite liquidity, destroying supply and demand. Tokenized mirrored stocks…illegal avenues to short stocks

  2. Why did Gary Gensler give a completely free hand to FTX and yet randomly attack solid crypto projects? How many meetings did SBF have with Gary Gensler? How many know that CEO of FTX and girlfriend of SBF is daughter of Gensler's old boss at MIT? How many know that Gensler is a Democrat and that SBF gave 40 million dollars to the Dems in the mid-term elections through his superpac mom? How many know that SBF was working with Gensler to procure the first and only Federal Bit License for the cryptocurrency industry which would give the legacy banking cartel complete control of cryptocurrency in the United States? The backdoored accounting system at FTX, AI Chatbots engaging with an unknowing public to control politics, Solana, Scrubbers to delete information on the Internet and other technology used in this crime is coming out of MIT. This is not a crypto problem this is a problem with government corruption. Why is legacy media not investigating?

  3. Everyone fails to see who SBF really is he is a degenerate spineless cowardly thief nothing more nothing less sorry to the people who are suffering financially

  4. This dudes body language alone spells "I am guilty and totally affiliated and most likely one of the main heads with the whole FTX ponzi scheme"

  5. I lot of comments here basically saying : "Yeah, your crypto is crooked but mine is fine. "
    Man, they never learn.

  6. The only innocent parties are these hedgefunds and VCs. They are so smart but so innocent.These babes in the woods just wanted to make money from other people's money without doing any work and due diligence and bad actors like SBF cheated. Oh bah.

  7. Richard Heart was right again. Not your keys, not your coins. HEX users and Richard Heart followers unaffected.

  8. No one is anxious. Just like Jamie Dimon said, Crypto is a digital ponzi scheme. Those words are so true!

  9. If you have been closely watching the crypto <or even invested in it, chances are that you are wondering whether the latest bear cycle is over. The truth is that the market remains unpredictable especially in the long-term. Despite the heavy outflows, Bitcoin still managed to promptly recover, this recovery demonstrated Bitcoin’s strength despite being stress tested against highly volatile and unfavorable market conditions. Could this outcome be a sign that the market is ready for a bigger recovery? The obvious answers is yes despite how long it might take, it is very important to stay ahead of the market by trading with the right strategy. I have been trading with Mr John Fx strategy for 9 weeks now I have been able to accumulate 17 btc with his signals.

  10. Not so much the JP Morgan of crypto, more like Bernie Madoff…. the real story here hasn't even started coming out yet.

  11. Great Stuff. I started watching your videos last year as a beginner before giving stock market a trial. I was able to make $472,000 within 4 Months with a capital of $200,000. keep it up Ricky!

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