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This man defrauded thousands of crypto Holders yet he evaded responsibility and Now he's in charge of the future of AI a Crypto aai projects and self- custody May just save Us this is Larry Summer's exit it's his Last trillion dollars for the American People because he wants the deficit now Because he thinks that's good for the Economy in this video we're going to be Diving into Larry summers's dark history His connection to digital currency group And their subsequent downfall and then Go into Ai and how grabbing yourself a Crypto Cold Storage like arculus wallet Can help I'll even then give you a sneak Peek of an AI altcoin I'm watching okay So right here is an abbreviated history Of some of the dark stuff Larry Summers Has been into among the first Witnesses Larry Summers one of the most renowned Economists in the world Chief Economist At the World Bank a former World bank Chief Economist oh they've never done Anything evil as World bank chief Economists Summers condoned dumping Toxic waste in developing nations it the Policy of the first world Nations and Then he said the statement was Sarcasm Summers has been in and out of The White House and a Democratic President since the Bill Clinton era When he served as Secretary of the Treasury or perhaps you remember his
Role you know the ones that helped to Lead to the current disaster the guy who Brought you derivatives and the Abolition of the glass deagle which led To the Great Recession Summers pushed Financial deregulation in the Clinton Administration privatization for the Former Soviet Union that led to corrupt All powerful oligarchs and laid the Groundwork for the rise of Putin's Dictatorship he was a chief economic Adviser for Obama during 2008 hired by Barack Obama as his senior economic Adviser he was the treasury secretary Who advocated no permanent normal trade Relations with China when he got back to The White House under Obama SAS will no Doubt go back to his lucrative career as A public speaker made vast amounts of Money speaking to financial institutions He took in 2.7 million in speaking fees From the same institutions that he Helped get bailed out nayou wanted him To be governor of the Bank of Israel he's also been a professor and President at Harvard University where he Faced several scandals maybe you Remember his comments as president of Harvard that gender skewed admissions Numbers could possibly be explained by Female Frailty in the area of math and Science Summers ignored warnings from an Employee at the Harvard endowment fund That toxic mortgage derivatives would
Cause significant losses to the fund and They did Harvard having lost so much Money under Larry Summers by the way and She was fired shortly after her Whistleblowing warning Summers resigned As Harvard's presidents in the wake of a No confidence vote by Harvard faculty Maybe they're trying to say okay let's Cut our losses now we rode this baby all The way down and allowed Zuckerberg to Steal the idea for Facebook and recently He's featured in two movies The Social Network and Mark Zuckerberg stole that Idea I understand I don't see this as a University issue I honestly don't think You're in any position to make that call I was the US Treasury secretary I'm in Some position to make that call he Resigned from Harvard amid controversy In 2006 and yet Summers still teaches There he moonlights at Harvard University as a professor he also had Ties to that bad guy with a notorious Plane Jeffrey Epstein documents part two Quote dinners with Larry Summers he was Even raising money from Jeffrey epine Well after he was convicted sex Defender Remember the one who unived Himself and he even was an economic Adviser to Biden during the campaign Bloomberg News reported that Biden is Reportedly being closely advised by the Larry Summers now he's on the board of Open AI for Sam mman to return to open
AI as CEO with a new initial Board of Brett Taylor as the chair Larry Summers And Adam D'Angelo over seeing the Ethical creation of artificial Intelligence Summer's Dark Shadow has Tainted crypto as well and that brings Us to the digital currency group dcg all This hot action climaxed with the New York attorney general suing Gemini Genesis and genesis's parent company Digital currency group in October which Brings us to one of the defining Questions of crypto in these last two Years founded by Barry silbert in 2015 Larry Summers quickly became an adviser In 2016 spending 6 years touting Crypto's importance saying things like 40 years from now 40 years from now the Blockchain and all that followed from it Will figure more prominently in that uh Story then will Bitcoin don't shoot the Messenger Bitcoin Maxis Summer's Legitimized digital currency group in The eyes of customers and legislators by 2023 he helped dcg grow a portfolio of 160 companies including coindesk Grayscale and Foundry as well as Investments in coinbase Kraken FX in Circle but then ft X collapsed and Digital currency group has many of the Same conflicts of interest present in The FTX case and dcg subsidary Genesis Global Capital halted all of their Customer withdrawals it had 2.8 billion
In active loans with institutional Clients so we don't know what's going to Happen to the over a billion dollars That's currently Frozen in the Gemini Earn program it's supposedly lost over 175 million in the FTX bankruptcy but Somehow that math isn't mathing funnily Enough after the collapse Summers boldly Compared disgrace FTX to its Enron Despite dcg's covert ties to the company A lot of people have compared this to Leman I would compare it to uh Enron but Then Larry deleted all dcg associations From Wikipedia and his website there's No mention of him in any press or on the Dcg website why well the New York Attorney general is investigating dcg Genesis and their CEO Barry silbert for Fraud Genesis allegedly stole a billion Dollars from the customers all this hot Action climax with the New York attorney General suing Gemini Genesis and Genesis's parent company digital Currency group in October and colluded With three arrows Capital all to exploit The price of a digital asset which Brings us to one of the defining Questions of crypto in these last 2 Years will people get their money back Larry resigned in January 2023 right After the SEC announced the probe into Digital currency group Yet he's claimed he left much earlier His association with the Winkle Vibe and
Mark Zuckerberg stole that idea I Understand comes full circle because They accused dcg of acting in bad faith Genesis officially filed for bankruptcy And Cameron winkl Voss wrote an open Letter to Genesis CEO Barry silbert Accusing him of badf face stall tactics Basically accusing each other of being Responsible for the Lost billions of Dollars of earned customer money owning Geminis earns 340,000 customers 9 $0000 Million how is it that politicians are Never held accountable for the harm that They cause to retail investors Larry Summers dodged media scrutiny and now He's on open ai's board overseeing Tech That will change our world for the Better or for the worse this is why Decentralized AI in the crypto space is So important now another takeaway is the Importance of self- custody do not leave Your funds on exchanges even if they Seem trustworthy if you still for Whatever reason do not have a hardware Wallet you can use my code dc10 to get 10% off an arculus card today we'll link It in the description down below I have An epic AI video coming soon but here's A sneak peek at why I'm bullish on this Altcoin what I'm watching is worldcoin Which democratizes access to the global Economy with AI more wild Alpha coming Soon so the question I have for you all Today is have you heard of Larry Summers
Did he know he was involved with dcg did He even know the dcg was under Investigation leave me a comment below And tell me if this is new to you Because they've kept relatively quiet About all of this while Larry Summers Tries to hide in the shadows I'll be Here educating you guys on what is next To come for crypto so follow for more And I'll see you at the top
