@ryancohen If deal doesn't happen - take the "half cash" and instead do a startup competitor to ebay and destroy it. Look at the userbase you'd be starting with...
@Malone_Wealth Well written and THANK YOU for your work on exposing this absolute BS every since 1/21. I've been infuriated every since the buy button was shut off in plane daylight and NO ONE is prison over this. It's disgustingly appalling...
2023 Year in Review: https://t.co/bwhz8ojV74…
I’m forever grateful and consistently humbled by the trust that couples and clients place in me to photograph their weddings, portraits, and milestones each year.
Here’s a few favorite moments photographed in 2023…
JUST IN: BlackRock, $BLK, CEO Larry Fink has said that bitcoin is an "international asset."
In 2017, he said bitcoin was an "index of money laundering."
Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.
Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.
Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.
Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.
We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.
US paid $853 Billion in Interest for $31 Trillion Debt in 2022; More than Defense Budget in 2023.
If the Fed keeps rates at at these levels (or higher) we will be at $1.2 trillion to $1.5 trillion in interest paid on the debt.
The US govt collects about $4.9 trillion in taxes.
@anthonynoto@SoFi This is a great move for $Sofi but does nothing for me as a small business owner without payroll services / the ability to direct deposit...hoping for news on business accounts somewhere soon down the road.
This was ridiculous this year.
Reminder, members of the Federal Reserve traded stocks that the Fed was buying in 2021 at the market's bottom, before the bull rally.
This is where they sold - at the very market top - before the Fed raised rates and were cleared of wrongdoing.
This is truly wild.
Senator Thomas Carper bought up to $110k in Ranger Equity Bear Bear ETF, $HDGE, an active ETF that shorts US listed stocks.
He sits on the Senate Finance Committee.
And as a politician, he is actively shorting the US economy.
Said it before, will say it again: You can't look the other way when one law is broken & expect anyone to believe you when you say you will enforce another.
Suspend & close accounts of brokers who FTD: Sec&Exch Act 1934, §17A.a.5.(C)
@SEC_Enforcement@GaryGensler cop on the beat?