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Martin Shkreli and $DJT Coin Manipulation May Alert SEC
Manage episode 424641752 series 3539064
Cryptocurrency has gone largely unregulated over the past two decades. The market has corrected to a watchful eye since FTX, Sam Bankman Fried committed fraud and earned over $8 billion. Martin Shkreli, the convicted "Pharma Bro", claimed to have worked with Trump to source a new coin, $DJT. He stated that he worked with Barron Trump on marketing this, and the plan was to burn coin to make more for all investors. The coin had made over $330 million in 24 hours this week.
Text messages are now coming out on X, and DM's with influencers like Andrew Tate being told by Barron to invest and push the currency. These efforts are both immoral and likely a violation of SEC regulations. Jail for all involved if these allegations are proven.
117 episodes
Manage episode 424641752 series 3539064
Cryptocurrency has gone largely unregulated over the past two decades. The market has corrected to a watchful eye since FTX, Sam Bankman Fried committed fraud and earned over $8 billion. Martin Shkreli, the convicted "Pharma Bro", claimed to have worked with Trump to source a new coin, $DJT. He stated that he worked with Barron Trump on marketing this, and the plan was to burn coin to make more for all investors. The coin had made over $330 million in 24 hours this week.
Text messages are now coming out on X, and DM's with influencers like Andrew Tate being told by Barron to invest and push the currency. These efforts are both immoral and likely a violation of SEC regulations. Jail for all involved if these allegations are proven.
117 episodes
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