Cryptocurrency Scams Exposed: Celebrity Endorsements, Insider Trading, and More | The Daily Show

Name: Cryptocurrency Scams Exposed: Celebrity Endorsements, Insider Trading, and More | The Daily Show
Uploaded: 2023-04-17 16:37:46
Description: The video covers various news stories related to the cryptocurrency industry, including celebrity endorsements, leadership issues, insider trading scandals, financial scams, and pump-and-dump schemes.

This article is a summary of a YouTube video "How Dips**t Grifters Are Scamming You - Long Story Short | The Daily Show" by The Daily Show

TLDR The video covers various news stories related to the cryptocurrency industry, including celebrity endorsements, leadership issues, insider trading scandals, financial scams, and pump-and-dump schemes.

Timestamped Summary

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00:00
Celebrities back FTX as a secure and user-friendly platform for cryptocurrency transactions.
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01:04
The new CEO insulted employees, exposing the problem of unqualified leaders in our time.
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02:39
Coinbase faces backlash for banning political activism at work.
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03:15
Coinbase employee involved in first crypto insider-trading scandal by using his position to inform his brother to buy a new coin before it was listed.
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04:21
JPMorgan buys startup for $175 million, discovers almost all 4 million customers were fake.
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05:35
Millennials struggle financially due to low interest rates and the rise of financial scams on social media.
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07:23
Some influencers allegedly ran a pump-and-dump scheme to profit from stock trading.
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09:03
Eight social media influencers charged in $114 million pump-and-dump scheme by SEC and DOJ, report any suspicious activity to SEC anonymously through their website.