Crypto: Feet Of Clay?

The ABC recently reported that Nugget's News CEO Alex Saunders is accused of not being able to repay money. The crypto influencer has allegedly told friends he is on repayment plans. Several tech companies have distanced themselves from Mr Saunders.

We discuss this in the light of the recent ASIC comments and the rise of CBDC. And importantly described our relationship such that it was with Mr Saunders, given we have over the years recorded a number of broad economic discussions for our two separate channels.

To be clear, we have NO commercial relationship with him, or his projects nor endorse his activities, wherever the truth may lay. And we have no inside information at all.

And of course we will not be making any further shows with him until the issues are fully resolved.

https://www.abc.net.au/news/2021-07-28/the-biz-alex-saunders-nuggetsnews-crypto/100327444

https://www.abc.net.au/news/2021-07-29/asic-chair-joseph-longo-interview-cryptocurrencies-scams/100332560

https://www.cityam.com/britcoin-digital-currency-pound-sterling-bank-of-england/

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