2024-12-26T09:05:07+0000

Cryptocurrency's pyramid-like structure sees a small percentage of individuals profiting while the majority succumb to financial losses. Comparisons to Ponzi schemes and multi-level marketing reveal the harsh reality for retail traders. Ben McKenzie, actor and co-author of "Easy Money: Cryptocurrency Casino Capitalism and the Golden Age of Fraud," joins Morning Joe to delve into the inner workings of the crypto industry and the harsh reality behind cryptocurrencies. » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog ReidOut Blog: https://www.msnbc.com/reidoutblog MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, The Beat with Ari Melber, Deadline: White House, The ReidOut, All In, Last Word, 11th Hour, and Alex Wagner who brings her breadth of reporting experience to MSNBC primetime. Watch “Alex Wagner Tonight” Tuesday through Friday at 9pm Eastern. Connect with MSNBC Online Visit msnbc.com: http://on.msnbc.com/Readmsnbc Subscribe to the MSNBC Daily Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc Crypto's winners and losers: Ben McKenzie exposes the dark side of cryptocurrency #Crypto #Cryptocurrency #Business