Foreign My name is Ben make sure to smash that Like button for us if you like these Videos today we're going to be taking a Look at silvergate and Citadel and What's coming that no one knows about a Secret weapon we're going to show you What it is all right guys let's talk About Citadel Citadel Securities takes 5.5 stake in crypto friendly Bank Silvergate capital Shares rise now it's very interesting if You look at this I mean this is today This is brand new But silvergate was in all kinds of Trouble very very very interesting so Let's check out uh what the article says Here shares in silvergate capital jump After the market makers Citadel security To report a 5.5 stake in the crypto Friendly bank now remember silvergate Bank has been facing all kinds of Trouble the Vegas faced increasing Scrutiny over the past few months since The collapse of FTX silvergate reported A more than one billion dollar net loss For the fourth quarter is a sector Suffered a crisis of confidence and that Of course is putting it mildly now it's Quite interesting here when you really Start to think about all this because Right now you've got silvergate being Investigated by the Department of Justice for everything they're doing
With FTX and Alameda it's also Interesting to know that supposedly George Soros he's short in silvergate Today Segregate the most shorted stock in the World right now very very interesting The questions are why Critter Banks Oregon is reportedly being probed by the U.S Department of Justice Fraud Unit Over his involvement with the bankrupt FTX exchange and its Affiliates the bank Axed 40 of its staff and is closed Taking out billions of dollars of loans To prevent a liquidity crisis at a bank Run Following fall of FTX now if you Didn't know silvergate's attached to Almost every major company there is in Crypto Josh Rader on Twitter put this Surrogate Department of Justice fraud Probe will create some fight for crypto Exchanges funny how they always time These announcements it is quite fun Isn't it I thought they were looking Into bizlotto that was a big Announcement remember that Guys these Are all companies the FTX works with or The excuse me silvergate works with FTX Coinbase paxos critter.com Gemini Kraken Pitstamp Circle paxos well they're being Gone after right now coinbase we know They're always kind of in a stalemate With Regulators FTX Nothing else needed there Circle Supposedly they're looking at a circle
In usdc but I think that's a front Kraken just got hit by the SEC Gemini Their earned program destroyed they're Wrapped up in this entire Um digital currency group Fiasco that Does feed into silvergate bank what's The point here the point is silvergate Is at the middle of all this they're sen Silvergate exchange Network this is a Big thing that a lot of people have Questions about it's not blockchain but It operates similar to blockchain the Process of transactions they've got the Transactions they process transactions Of every one of these companies think About that for a minute what we're Seeing is Joe Biden Department of Justice sec They're trying to take crypto down from Within why this investment U.S home loan Banks lent billions of Dollars to crypto Banks silvergate Reportedly borrowed over 13 billion Dollars from the federal home loan System they're going to take loans in Order to finance everything that they're Doing now let's get here to Citadel Because this is where things pick a Pretty interesting twist billionaire Hedge fund founder Ken Griffin softens Is anti-crypto stance I haven't been right on this call let's See what Ken Griffin has had to say and You can't tell me this guy does not have
Evil eyes you you cannot tell me these Are not evil eyes is this a dead man's Soul you're looking at I think that it Is Griffin previously dismissed Cryptocurrencies as a jihadist call Against the dollar for this week so that Crypto has been one of the greatest Stories in finance over the course of The last 15 years Griffin the number 40 Richest person in the world with a net Worth of about 30.4 billion dollars According to Bloomberg said that while He's still not completely sold on crypto Citadel cannot ignore the crypto space Any longer dog whistle there it is we Have to give serious consideration to Being a market maker in crypto so that I Was here he's building a crypto trading Marketplace with virtue financials Starting to make sense in it You know we just had Joe Biden came out Uh a few weeks ago and said we cannot Have tradfy mingling with crypto we need To protect traditional Finance Joe Biden Doesn't even know what he says what's Going on right now is the president's Office is giving cover to track fire Right now Gary ginser and pay Lackey With the SEC by Goldman Sachs put two And two together here to try to squeeze Crypto from the inside why they want to Make it weak what is it then the Opportunity arise well Trad Fire gets to Come in and play Hero hey we're here to
Protect you guys we're going to keep Doing things the way we've always done Things crypto that was dangerous path Don't go down that way you're gonna lose All your money like look at Sam look at FTX this is all a play for your money That's what this is Citadel Securities Building a crypto trading Marketplace Man I tell you what U.S electronic Trading giant Citadel Securities is Building a cryptocurrency trading Ecosystem with the help of frequency Trading and Market making firm virtue Financial maybe leverage trading company As well as well as the Venture Capital Firms oh you've got to love this Sequoia And Paradigm you know they were all in With uh you know they were all in FTX All in Solana right there along with Citadel the current crypto Market Structure is deficient it inhibits wider Adoption from a lot of investors would You what so security trading Consortium Is addressing that's where I said it's More of a crypto trading ecosystem or Marketplace than an exchange it's going To take on exchanges by building a Better Mouse trap who do you think the mouse is Guys Who who do you think the mouse is it's Us they're building a better trap for us E d x m son of Satan This is the marketplace
That will Usher in A new wave of investor into crypto where We never make money again this is all For the big boys this is the elite Trading Marketplace they're going to try To force you to use but you've got to be An accredited investor Because they're the only people that are Allowed to make money right edx markets Is a new digital asset exchange that Combines Innovative technology with best Practices from traditional Finance with Backing for million names and finance Including retail Brokers global market Makers and Venture Capital firms edxm is Building the most Trusted efficient and liquid platform For trading cryptocurrencies at first They laughed at us and said we're all Crazy They dismissed us then they want to be Part of the game And now they're trying to become the Maker and controller of the game edxm Edx markets The secret weapon of Trad five we're General Custer's Last Stand right now if We allow Trad fight to come in take over Our space if I continue to support People like Kevin O'Leary People like Ken Griffith people like Jamal Paul hopatia If we allow these guys Take over this is the future a site only
Accredited investors to invest in Cryptocurrencies and it's all regulated All the people think who doesn't scam oh It's not a scam anymore because Obviously traditional finances there to Save the day and they're going to Protect you From losing money that's code for They're going to stop you from making Money What do you guys think about this do you Guys think edx markets is going to be The traditional Financial Center of Crypto in the future it's the way they Want it what can we do to stop it Sharper comments down below that's all You got be blessed [Music] Thank you [Music]
