Ginkoby works as a colossal skim, a frankenstein mash up of the worst frauds of the last 20 years. 23 billion dollar market cap. It is rare to see a related party scheme on ginko scale in the us markets. Ico business model based on dubious shell game. And quotes, customers, investments into these entities by ginko and its investors are round tripped back. A had controlled much of the internet in the early days. The biggest examples would be bill ackman's pershing square and paul singers eliot management.
In this all news show, Jason covers Facebook Whistleblower Frances Haugen’s Senate testimony and Mark Zuckerberg's response (2:22). We also get into the fraud claims made by Scorpion Capital against Ginkgo Bioworks $DNA (1:01:35), we had Ginkgo CEO Jason Kelly on E1239 https://bit.ly/twiste1239.