Shares of Chinese auto maker gauto dropped 70% after China cracked down on the country's education sector. The stock is now trading at just two or three per cent of its initial value. "I have seen assets go to zero," says John MacIntosh, who has worked in finance for more than 30 years.
Jason covers China reigning in big tech (2:03), Tesla’s incredible Q2 earnings crossing $1B in profit (25:30), a $300M market movement from Tether to USDC (33:24), and gives a breakdown of a Binance Crypto Pump Telegram group (37:43).