CNBC is Such a Joke

CNBC is such a joke they're sellouts worshipping Sam Bankman-Fried who wash trades Crypto all day with Tether tokens. He may be the wealthiest Crypto Tycoon in the world but half of his net worth is tied up in FTT an unregistered security with zero legitimate liquidity. The other half of his net worth is in the implied value of FTX a Crypto exchange that prior to buying the naming rights to the Miami Heat arena had no customers. FTX is basically a front organization for Alameda Research to justify Sam Bankman-Fried being distributed tens of billions of dollars in newly printed unbacked Tether (USDT).

We really hope Voyager Digital (TSX: VOYG) doesn't allow him to invest $75 million into them because VOYG really is the highest quality Crypto company and it will ruin their credibility. They appear to have banned USDT from their exchange because we don't see any USDT listed on their balance sheet.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA was compensated by VOYG USD$60,000 cash for a one-year marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.