All Things Crypto

ATC quote · Jul 1, 2024 · 0:58:14

“So that's not actually the most interesting case on things like Reddit. There was actually a case that the SEC brought against, like, seven companies, including one that it, like, is all over the…”

ALEX DAMSKER @AlexDamsker (speaker unconfirmed)

From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO, Jul 1, 2024 · Episode page

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0:57:29 Dave @DCBK2LA (speaker unconfirmed): it went. Is it... So just really briefly, Alex, like, it... Like, in terms of what happened with GameStop, and I have a ton of other follow-up questions, but I don't wanna go down that rabbit hole, completely. But is it illegal... As a former, like, like, like, working for the SEC, is it illegal what, I guess, the the general public using a public forum like Reddit, is that some... Like, does that constitute, like…

0:58:14 ALEX DAMSKER @AlexDamsker (speaker unconfirmed): So that's not actually the most interesting case on things like Reddit. There was actually a case that the SEC brought against, like, seven companies, including one that it, like, is all over the place here, which is the MMTLP Group. But, anyway, there's, like... There was, like, seven different memes stocks. Right? So stocks that basically people invested in based on recommendations from other... From influencers…

1:03:00 Dave @DCBK2LA (speaker unconfirmed): Yeah. Go for it, Nat.

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