Meta Takes 2.8 Billion Dollar Loss on its Metaverse Bet Digital Assets

Meta reports $2.8 billion loss in its Facebook Reality Labs while facing a FTC lawsuit.

0:00 – Intro with Meta news
0:45 – U.K. Law Commission and crypto
1:40 – Nirvana Finance exploit
2:19 – FTX.US opens stock trading
2:59 – Federal Reserve and a Recession
3:29 – Today’s market performance

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