Summary of The Crypto Market GETTING CRAZY.. (FOMC Results, BONK coin, John Stark Crypto, & MORE!!)

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The crypto market is getting crazier and crazier, with top stocks like Bitcoin, Ethereum, and Ripple all hitting new highs. One possible reason for this is the news that Coinbase has agreed to a $100 million settlement with the New York regulator. John Reed Stark, former Chief SEC office of Internet enforcement, has stated that the entire crypto market is a Ponzi scheme. Jim Cramer has advised anyone who owns crypto to sell it all right now.

• 00:00:00 The Crypto Market is getting crazier and crazier, with top stocks like Bitcoin, Ethereum, and Ripple all hitting new highs. One possible reason for this is the news that Coinbase has agreed to a $100 million settlement with the New York regulator.
• 00:05:00 According to reports, Coinbase allowed customers to open accounts without undergoing sufficient background checks, which violated AML requirements. This has led to compliance issues for Coinbase. John Reed Stark, former Chief SEC office of Internet enforcement, has stated that the entire crypto market is a Ponzi scheme. Jim Cramer has advised anyone who owns crypto to sell it all right now. This is because crypto is a mammoth hustle and it is not too late to sell losers.