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The SEC is going 'Elmer Fudd' on crypto
Wall Street Unplugged - What's Really Moving These Markets
Cryptocurrency and the FTX Fall Out
The reaction was interesting. Crypto dropped 6%, 7%. I say crypto, meaning Bitcoin on, I see Monday when these announces were coming out because it hit the paper the following day. Binance coin, BNB dropped 10% very quickly and Bitcoin dropped about 6% or 7%. And then it held and then slowly started to come back. The irony here and what everybody else would like for you to forget in the mainstream media is because this is not a coincidence.
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