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CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’

Published 01/11/2023, 10:05 AM
Updated 01/11/2023, 10:30 AM
© Reuters.  CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’

  • Jim Cramer has criticized Federal Home Loan Bank’s decision to bail out Silvergate.
  • Silvergate received $4.3 billion to carry out operations after FTX collapsed.
  • John Reed Stark said “liberty dies” as US taxpayers subsidize crypto frauds.

CNBC show Mad Money host, Jim Cramer retweeted a post about the Federal Home Loan Bank bailing out the crypto-friendly bank Silvergate with $4.3 billion, calling it “dangerous.” He further adds that this is “NOT business as usual,” as he warns the public about how “dangerous this is all getting.”

The original tweet was posted by John Reed Stark Consulting LLC President John Reed Stark. He had simultaneously shared an article by ...

The post CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’ appeared first on Coin Edition.

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