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Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

The Wolf Of All Streets

00:00

The SEC's Warning to Cryptocurrency Exchanges

The message is delist all the altcoins you can only trade bitcoin and Ethereum if you're in the United States. If not there's a huge risk that we're coming for you, he says. The SEC charge against coinbase they're saying that coinbase must return all the money that they made on the trade of all these alt coins plus the staking service plus interest which is over six billion dollars according to some estimates. "What they aiming for is exactly what Mark sang they're aiming to make all of these things securities now"

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