1
00:00:01,160 --> 00:00:04,560
Speaker 1: The FCC Commissioner saying, quote, I wouldn't support anything but

2
00:00:04,640 --> 00:00:09,400
Speaker 1: an outright ban on TikTok at this time, after we

3
00:00:09,560 --> 00:00:13,080
Speaker 1: heard from TikTok Ceo in Congress. I want you to

4
00:00:13,119 --> 00:00:16,960
Speaker 1: hear what the FCC Commissioner, Brendan Carr said on whether

5
00:00:16,960 --> 00:00:20,119
Speaker 1: the app could be banned in the US. Listened from

6
00:00:20,200 --> 00:00:23,279
Speaker 1: CBS this morning. Creative concerns. Lawmakers seem to have a

7
00:00:23,280 --> 00:00:25,840
Speaker 1: pretty clear line of thought on this. You know, TikTok

8
00:00:25,880 --> 00:00:28,000
Speaker 1: is owned by byt Dance by Dances Chinese, and are

9
00:00:28,000 --> 00:00:31,800
Speaker 1: the Chinese law is accountable to the Communist party there

10
00:00:31,840 --> 00:00:34,400
Speaker 1: in that country? With that chain of events, is there

11
00:00:34,400 --> 00:00:37,760
Speaker 1: anything short of an outright ban that you would support? No,

12
00:00:37,840 --> 00:00:39,360
Speaker 1: I don't see it at this point. Even the White

13
00:00:39,360 --> 00:00:41,800
Speaker 1: House last week reports where that they went to TikTok

14
00:00:41,880 --> 00:00:44,479
Speaker 1: and said, look, you either have to divest Chinese government

15
00:00:44,520 --> 00:00:47,640
Speaker 1: ownership Chinese ownership or face a potential ban. I think

16
00:00:47,640 --> 00:00:49,720
Speaker 1: that's the right thing. That The most important thing that

17
00:00:49,760 --> 00:00:52,280
Speaker 1: the TikTok Ceo had to do yesterday was built some

18
00:00:52,720 --> 00:00:56,040
Speaker 1: level of trust and credibility with Congress. And in that effort,

19
00:00:56,200 --> 00:00:58,760
Speaker 1: I think he completely failed. And so we'll see. Look

20
00:00:58,760 --> 00:01:01,480
Speaker 1: there's still a lot of time left. There's still a

21
00:01:01,520 --> 00:01:04,040
Speaker 1: lot of issues, pencil hurdles to get legislation passed or

22
00:01:04,080 --> 00:01:05,840
Speaker 1: to get the Treasury Department is looking at this to

23
00:01:05,920 --> 00:01:09,320
Speaker 1: take action, but really the trust is just bottoming out

24
00:01:09,360 --> 00:01:12,039
Speaker 1: for TikTok and it doesn't look good. Look, there's one

25
00:01:12,120 --> 00:01:14,480
Speaker 1: hundred fifty million Americans that are on this for sure,

26
00:01:14,640 --> 00:01:15,959
Speaker 1: and so we got to make the case to them

27
00:01:16,080 --> 00:01:19,600
Speaker 1: very clearly that there's a risk here. There's a risk.

28
00:01:20,400 --> 00:01:23,959
Speaker 1: The risk is they're spying and getting all of your information.

29
00:01:24,360 --> 00:01:27,640
Speaker 1: That's the risk. Christy Nome was asked about it this

30
00:01:27,680 --> 00:01:30,560
Speaker 1: morning on Fox and Friends about the idea of could

31
00:01:30,600 --> 00:01:33,440
Speaker 1: there be a bipartisan build a band TikTok. Here's what

32
00:01:33,600 --> 00:01:36,920
Speaker 1: she said after she banned it on all government devices

33
00:01:36,959 --> 00:01:42,119
Speaker 1: in North Dakota. Governor. Governor, the Chinese government came out

34
00:01:42,160 --> 00:01:44,319
Speaker 1: yesterday and spoke and said we are going to stop

35
00:01:44,400 --> 00:01:47,760
Speaker 1: you Byte Dance from selling off to an American company.

36
00:01:47,880 --> 00:01:50,160
Speaker 1: So anybody who thought this was a linked directly to

37
00:01:50,160 --> 00:01:52,600
Speaker 1: the government. The government doesn't come out and prevent a

38
00:01:52,760 --> 00:01:56,360
Speaker 1: sale unless they're vehemently involved. Plus, he could not deny

39
00:01:56,480 --> 00:01:59,240
Speaker 1: that they are under they are obligated to give up

40
00:01:59,280 --> 00:02:03,640
Speaker 1: our our information to them. But here's the problem. Donald

41
00:02:03,640 --> 00:02:05,760
Speaker 1: Trump tried to ban it, but when it comes to

42
00:02:05,800 --> 00:02:09,720
Speaker 1: banning it, they're going to need bipartisan a bill, send

43
00:02:09,720 --> 00:02:12,880
Speaker 1: it legislation, hand it up to the President to have

44
00:02:13,000 --> 00:02:15,640
Speaker 1: him signed to ban it. So do you think he'll

45
00:02:15,680 --> 00:02:19,359
Speaker 1: sign it knowing that he's concerned about losing the eighteen

46
00:02:19,560 --> 00:02:22,200
Speaker 1: to twenty two year old vote and he just didn't

47
00:02:22,240 --> 00:02:26,280
Speaker 1: TikTok on St. Patrick's Day. I don't think he'll sign

48
00:02:26,320 --> 00:02:29,280
Speaker 1: it because over and over again, this president has proven

49
00:02:29,320 --> 00:02:31,840
Speaker 1: that he won't protect America and he won't make the

50
00:02:31,919 --> 00:02:35,160
Speaker 1: right decision, especially when there's pressure. And the reason that

51
00:02:35,200 --> 00:02:36,680
Speaker 1: I think he thinks he can get away with that

52
00:02:37,160 --> 00:02:39,280
Speaker 1: is because it was just weeks ago we had a

53
00:02:39,360 --> 00:02:42,799
Speaker 1: Chinese spy balloon flying over this country and we quit

54
00:02:42,840 --> 00:02:45,440
Speaker 1: talking about it already if you go to every other network,

55
00:02:45,480 --> 00:02:48,280
Speaker 1: if you go on social media, even Americans and their

56
00:02:48,280 --> 00:02:51,240
Speaker 1: coffee shops aren't talking about the fact that this president

57
00:02:51,280 --> 00:02:54,560
Speaker 1: allowed China to send a spy balloon over our military

58
00:02:54,560 --> 00:02:58,079
Speaker 1: installations and gather information and our president didn't shoot it

59
00:02:58,120 --> 00:03:00,960
Speaker 1: down until it was over the ocean, and the difficulty

60
00:03:01,040 --> 00:03:04,160
Speaker 1: recovering the information that was in it. So I think

61
00:03:04,200 --> 00:03:07,840
Speaker 1: they believe that our society here in America has add

62
00:03:08,480 --> 00:03:10,600
Speaker 1: that we don't pay attention to anything for very long,

63
00:03:10,639 --> 00:03:13,320
Speaker 1: and we forget about these important issues and move on,

64
00:03:13,680 --> 00:03:16,320
Speaker 1: and that the president has learned that about us as well,

65
00:03:16,360 --> 00:03:18,920
Speaker 1: and thinks if he can just change the narrative, maybe

66
00:03:19,000 --> 00:03:22,320
Speaker 1: come out with some other political scandal against the other

67
00:03:22,400 --> 00:03:25,440
Speaker 1: party or a former president, that the American people will

68
00:03:25,480 --> 00:03:27,400
Speaker 1: just move on and forget about the fact that he's

69
00:03:27,440 --> 00:03:29,480
Speaker 1: giving away our country and he's giving it away to

70
00:03:29,520 --> 00:03:33,360
Speaker 1: the enemy. The point that she just made there about

71
00:03:33,360 --> 00:03:35,360
Speaker 1: giving it away to the enemy, and the fact that

72
00:03:35,360 --> 00:03:39,240
Speaker 1: he is actually using TikTok, I also think tells you

73
00:03:39,280 --> 00:03:43,320
Speaker 1: a lot about how compromise this president actually is. Why

74
00:03:43,360 --> 00:03:47,800
Speaker 1: on earth would you do this unless you're compromised, why

75
00:03:47,800 --> 00:03:51,200
Speaker 1: would you use TikTok and TikTok's The government China came

76
00:03:51,200 --> 00:03:53,080
Speaker 1: out and said we will not allow for TikTok to

77
00:03:53,080 --> 00:03:56,320
Speaker 1: be sold to an American company. Why are they saying that,

78
00:03:56,360 --> 00:03:59,960
Speaker 1: Because they're basically saying to America, don't even think about it,

79
00:04:00,560 --> 00:04:02,400
Speaker 1: and if you do think about it, there will be

80
00:04:02,480 --> 00:04:06,280
Speaker 1: hell to pay. You better not even get close to

81
00:04:06,320 --> 00:04:11,040
Speaker 1: this now you look at you look at TikTok, and

82
00:04:11,080 --> 00:04:14,160
Speaker 1: there's some people that say, oh, it's just a joke.

83
00:04:14,560 --> 00:04:18,360
Speaker 1: Jimmy Kimmel, by the way, mocked the TikTok probe right

84
00:04:19,040 --> 00:04:21,400
Speaker 1: and acting like, oh, it's just a cute little app

85
00:04:22,000 --> 00:04:25,680
Speaker 1: and no one should really care, and it's just an

86
00:04:25,680 --> 00:04:27,840
Speaker 1: app where you know, they teach you how to cook

87
00:04:27,960 --> 00:04:30,799
Speaker 1: spaghetti in a few seconds. He's laughing at the fact

88
00:04:30,800 --> 00:04:36,640
Speaker 1: that Republicans and Democrats, by the way, are focusing on TikTok. Now,

89
00:04:36,680 --> 00:04:39,080
Speaker 1: I think this also tells you how stupid Jimmy Kimmel is.

90
00:04:39,600 --> 00:04:41,840
Speaker 1: Jimmy Kimmel is a guy that doesn't understand that this

91
00:04:41,960 --> 00:04:44,719
Speaker 1: is exactly how you get and if you're the Chinese

92
00:04:44,720 --> 00:04:47,240
Speaker 1: Communist Party. He was a brilliant move from day one.

93
00:04:47,560 --> 00:04:51,080
Speaker 1: Let's do a social media app that we can get

94
00:04:51,120 --> 00:04:54,080
Speaker 1: to go viral. Half of Americans have it on their

95
00:04:54,120 --> 00:04:57,520
Speaker 1: phone right now. And then once we get it on

96
00:04:57,600 --> 00:05:01,560
Speaker 1: half of Americans phones, then we own them and we

97
00:05:01,640 --> 00:05:04,760
Speaker 1: have all of their intel and everything they do and

98
00:05:04,800 --> 00:05:07,680
Speaker 1: how they think, and we can influence them with the

99
00:05:07,760 --> 00:05:10,120
Speaker 1: videos that we show them, and we can get them

100
00:05:10,160 --> 00:05:12,960
Speaker 1: to go down certain roads, and we can have all

101
00:05:13,000 --> 00:05:16,080
Speaker 1: of this intel on the American people, and then many

102
00:05:16,160 --> 00:05:18,920
Speaker 1: people in the government will have this, and we'll have

103
00:05:19,000 --> 00:05:22,040
Speaker 1: all of their intel, including keystrokes. One of the things

104
00:05:22,040 --> 00:05:25,880
Speaker 1: that came out yesterday that was admitted by the TikTok

105
00:05:26,000 --> 00:05:31,120
Speaker 1: CEO is that it does record your keystrokes. That's spine.

106
00:05:31,600 --> 00:05:35,320
Speaker 1: Imagine if you had access to every keystroke of somebody's

107
00:05:35,480 --> 00:05:39,360
Speaker 1: phone and what you could do with all that intel

108
00:05:39,400 --> 00:05:42,920
Speaker 1: and all of that information. That is exactly what TikTok

109
00:05:43,120 --> 00:05:45,920
Speaker 1: has admitted yesterday they are doing. But then you get

110
00:05:45,960 --> 00:05:48,839
Speaker 1: Jimmy Kimmel who goes out there and talks to his

111
00:05:48,960 --> 00:05:53,280
Speaker 1: liberal audience and makes fun of this, thinks it's hysterical

112
00:05:53,760 --> 00:05:56,320
Speaker 1: because he's too stupid to realize that while he's got

113
00:05:56,360 --> 00:05:59,560
Speaker 1: TikTok for his show and on his phone, that he's

114
00:05:59,600 --> 00:06:02,520
Speaker 1: being by the Chinese. And the Chinese are the ones laughing, right,

115
00:06:02,560 --> 00:06:05,360
Speaker 1: because they have stooges like this in America. They're too

116
00:06:05,440 --> 00:06:09,520
Speaker 1: dumb to understand that TikTok was never designed for your enjoyment.

117
00:06:09,920 --> 00:06:14,560
Speaker 1: TikTok was designed to make an app that people would

118
00:06:14,600 --> 00:06:18,080
Speaker 1: put on their phones quickly, that celebrities would use quickly,

119
00:06:18,880 --> 00:06:21,920
Speaker 1: just like Facebook and Instagram and then it was actually

120
00:06:21,920 --> 00:06:25,680
Speaker 1: a spying apparatus the entire time. It's very clear that's

121
00:06:25,680 --> 00:06:28,919
Speaker 1: what and this isn't a conspiracy theory. We actually heard

122
00:06:28,960 --> 00:06:32,120
Speaker 1: from the CEO of TikTok yesterday. We now know everything

123
00:06:32,120 --> 00:06:34,640
Speaker 1: that I just said is actually true. So this was

124
00:06:34,680 --> 00:06:37,560
Speaker 1: their plan from the Chinese Commuist government for the very beginning.

125
00:06:37,720 --> 00:06:41,320
Speaker 1: This was not about just becoming a social media company.

126
00:06:41,800 --> 00:06:45,440
Speaker 1: This was about spying on the users who put it

127
00:06:45,520 --> 00:06:48,000
Speaker 1: on their phones. Did you know that in China people

128
00:06:48,040 --> 00:06:50,480
Speaker 1: don't use TikTok? Did you know that? Do you know

129
00:06:50,600 --> 00:06:53,080
Speaker 1: kids in China don't use TikTok? Did you know that

130
00:06:53,760 --> 00:06:56,240
Speaker 1: a lot of people don't realize that. I wonder why.

131
00:06:56,760 --> 00:06:58,599
Speaker 1: I wonder why in China they don't use it, but

132
00:06:58,680 --> 00:07:00,839
Speaker 1: in America they're like, oh, please do it. And then

133
00:07:00,880 --> 00:07:04,160
Speaker 1: again you have these idiot students like Jimmy Kimmel. Here's

134
00:07:04,160 --> 00:07:06,359
Speaker 1: what he said about on the show last night. There's

135
00:07:06,400 --> 00:07:10,080
Speaker 1: nothing about it. The focus in Congress today was on TikTok,

136
00:07:10,560 --> 00:07:13,120
Speaker 1: of all things. Lawmakers from both sides seem to be

137
00:07:13,160 --> 00:07:17,120
Speaker 1: headed towards banning TikTok in the United States and TikTok

138
00:07:17,160 --> 00:07:18,880
Speaker 1: for those you Don't Know is an app that lets

139
00:07:18,880 --> 00:07:21,520
Speaker 1: you watch videos similar to what you're doing right now

140
00:07:21,600 --> 00:07:25,840
Speaker 1: on Instead of a long horizontal video, they go long

141
00:07:25,880 --> 00:07:29,400
Speaker 1: ways like this, and then half of the video is

142
00:07:29,480 --> 00:07:34,720
Speaker 1: footage of somebody carving soap for reasons why I don't know.

143
00:07:34,800 --> 00:07:37,680
Speaker 1: And they're also buttons and filters with hearts and stuff,

144
00:07:37,680 --> 00:07:41,080
Speaker 1: and you can turn you into a dog, or they

145
00:07:41,080 --> 00:07:43,400
Speaker 1: could even turn you into a lion if you want,

146
00:07:43,440 --> 00:07:46,640
Speaker 1: and there's text that describes what you're watching. While you're

147
00:07:46,640 --> 00:07:53,120
Speaker 1: watching him. Now, everybody's laughing because they're turning Jimmy Kimmel's sideways.

148
00:07:53,160 --> 00:07:55,080
Speaker 1: They're making him look like a lion with some of

149
00:07:55,120 --> 00:07:58,520
Speaker 1: the filters on TikTok. And then they have someone carving

150
00:07:58,600 --> 00:08:02,240
Speaker 1: soap on Tiktoko him and he's talking about how funny

151
00:08:02,280 --> 00:08:04,520
Speaker 1: this is, right, and the audience is laughing. What they

152
00:08:04,560 --> 00:08:07,840
Speaker 1: don't understand is this is exactly what China wants you

153
00:08:07,880 --> 00:08:11,240
Speaker 1: to think. TikTok is, and he's giving you the Chinese

154
00:08:11,640 --> 00:08:17,080
Speaker 1: propaganda in real time, right and in real time. And

155
00:08:17,120 --> 00:08:20,000
Speaker 1: then you throw in some random people talking into tiny

156
00:08:20,080 --> 00:08:25,280
Speaker 1: microphones yelling about who knows what. Then and finally there's

157
00:08:25,280 --> 00:08:28,160
Speaker 1: a comment section asking what your feet look like. And

158
00:08:29,560 --> 00:08:32,480
Speaker 1: the president of China watches every second of this. He's

159
00:08:32,520 --> 00:08:34,920
Speaker 1: just watching, and one day he's going to use it

160
00:08:34,920 --> 00:08:39,440
Speaker 1: against us. That's TikTok for you. Now. You can hear

161
00:08:39,480 --> 00:08:42,320
Speaker 1: the audience laughing, and they think it's hysterical. Right. If

162
00:08:42,320 --> 00:08:47,240
Speaker 1: this wasn't such an important spying apparatus for China, then

163
00:08:47,240 --> 00:08:49,600
Speaker 1: why would the Chinese government have come out yesterday saying

164
00:08:49,600 --> 00:08:52,560
Speaker 1: they will not allow for a sale of TikTok to

165
00:08:52,600 --> 00:08:55,000
Speaker 1: an American company. That's the Chinese government that said this,

166
00:08:55,679 --> 00:08:59,199
Speaker 1: we will not allow it. And you've got these morons

167
00:08:59,240 --> 00:09:01,480
Speaker 1: like Jimmy Kimmel like, Oh, isn't it funny? Oh, it's

168
00:09:01,520 --> 00:09:04,720
Speaker 1: just an app. It's not just an app. Okay, it's not.

169
00:09:04,920 --> 00:09:08,400
Speaker 1: It's not just an app. And he should understand that.

170
00:09:08,880 --> 00:09:11,360
Speaker 1: And if he did any research at all, he'd understand it.

171
00:09:11,360 --> 00:09:13,560
Speaker 1: But hey, I guess he likes it. The Americans, half

172
00:09:13,600 --> 00:09:16,280
Speaker 1: of us have it on our phones, are downloading and

173
00:09:16,840 --> 00:09:22,600
Speaker 1: watching Jimmy Kimmel videos. So he's like, works for me. Right,

174
00:09:22,640 --> 00:09:26,320
Speaker 1: I'm fine with it. Right, I got no problem with this.

175
00:09:27,720 --> 00:09:32,800
Speaker 1: It looks like there's bipartisan support growing in Congress for

176
00:09:33,120 --> 00:09:37,760
Speaker 1: TikTok to be banned in this country. China has come out.

177
00:09:38,720 --> 00:09:42,319
Speaker 1: That's so important. It is from a spying apparatus perspective

178
00:09:42,400 --> 00:09:45,680
Speaker 1: from them. They've said they will not allow it to

179
00:09:45,720 --> 00:09:49,000
Speaker 1: be sold off to an American company because it's not

180
00:09:49,080 --> 00:09:52,800
Speaker 1: about being a Chinese basic company that can be bought

181
00:09:52,840 --> 00:09:55,360
Speaker 1: or sold. It's about exactly what I've said over and

182
00:09:55,400 --> 00:10:00,520
Speaker 1: over and over again. This is about them spying. Always

183
00:10:01,080 --> 00:10:06,080
Speaker 1: ben about them spying. Now, Democrats, they're laughing about this,

184
00:10:06,160 --> 00:10:08,840
Speaker 1: Jimmy Kimmel mocking it, saying it's not a big deal,

185
00:10:08,880 --> 00:10:13,360
Speaker 1: it shouldn't actually happen. Centator Holly also talking about this

186
00:10:13,520 --> 00:10:18,240
Speaker 1: TikTok and their connections back to the Biden administration. Take

187
00:10:18,240 --> 00:10:22,280
Speaker 1: a listen. The CCP has access right now to any

188
00:10:22,360 --> 00:10:24,640
Speaker 1: data they want that belongs to us. And that's why

189
00:10:24,640 --> 00:10:27,559
Speaker 1: I say again, this is a backdoor for the Beijing

190
00:10:27,640 --> 00:10:31,360
Speaker 1: government into our private lives, into our personal security, into

191
00:10:31,400 --> 00:10:33,120
Speaker 1: the heads of our children, and we've got to close

192
00:10:33,200 --> 00:10:35,280
Speaker 1: that door. The only thing to do, Laura is to

193
00:10:35,360 --> 00:10:38,360
Speaker 1: ban it. You mentioned the Biden administration. You know, TikTok's

194
00:10:38,360 --> 00:10:41,040
Speaker 1: not stupid. They went out and hired a PR firm

195
00:10:41,080 --> 00:10:44,320
Speaker 1: that was founded by Biden administration people. They are trying

196
00:10:44,360 --> 00:10:47,200
Speaker 1: to purchase the Democrat Party right now, Why are all

197
00:10:47,240 --> 00:10:51,240
Speaker 1: of these corporate media outlets now rehearsing TikTok's aligns for them.

198
00:10:51,240 --> 00:10:53,959
Speaker 1: It's because TikTok is out there pushing this. They're out

199
00:10:53,960 --> 00:10:56,600
Speaker 1: there buying influence of the Democrat Party. Let's put it

200
00:10:56,600 --> 00:10:58,640
Speaker 1: to a vote. Let's just see what the tally is.

201
00:10:58,679 --> 00:11:01,640
Speaker 1: Let's see who's willing to ban thing. Let's see who's

202
00:11:01,640 --> 00:11:03,520
Speaker 1: willing to ban this thing. And there's gonna be a

203
00:11:03,520 --> 00:11:06,760
Speaker 1: bunch of Democrats have been bought and paid for that

204
00:11:06,840 --> 00:11:09,160
Speaker 1: are going to say, oh no, no, I kid, we

205
00:11:09,440 --> 00:11:13,160
Speaker 1: need TikTok. It's not an app to spying device. It's

206
00:11:13,200 --> 00:11:15,880
Speaker 1: not a social media app. It's a spying device for

207
00:11:15,960 --> 00:11:18,000
Speaker 1: the Chinese Communist Party. Now, if you're stupid enough to

208
00:11:18,040 --> 00:11:21,240
Speaker 1: keep this on your phone, that's your decision. But you're

209
00:11:21,280 --> 00:11:25,680
Speaker 1: pretty dumb, You're pretty stupid. It's you download it. It's like,

210
00:11:25,760 --> 00:11:29,439
Speaker 1: here's what I'm downloading. Okay. More and more people are

211
00:11:29,440 --> 00:11:33,640
Speaker 1: coming out now talking about TikTok and why it should

212
00:11:33,679 --> 00:11:36,839
Speaker 1: be banned. I do want you to hear part of

213
00:11:36,880 --> 00:11:41,840
Speaker 1: what was said in Congress about this yesterday in the

214
00:11:41,880 --> 00:11:44,360
Speaker 1: back and forth. It took place when they were actually

215
00:11:44,480 --> 00:11:47,880
Speaker 1: arguing with the CEO, and I want you to hear

216
00:11:50,000 --> 00:11:55,000
Speaker 1: how they responded to TikTok or how the maybe I

217
00:11:55,040 --> 00:12:00,920
Speaker 1: should say, the CEO responded. The TikTok ceo add this

218
00:12:01,280 --> 00:12:05,480
Speaker 1: about on government devices. Take a listen to delay any

219
00:12:05,520 --> 00:12:08,240
Speaker 1: other people to start it. And what we've already established

220
00:12:08,240 --> 00:12:11,960
Speaker 1: about the ability of the Chinese Communist Party to access

221
00:12:12,120 --> 00:12:15,959
Speaker 1: personal user data. Would you agree that no US government

222
00:12:16,000 --> 00:12:20,360
Speaker 1: electronic devices should have access to TikTok platform, as your

223
00:12:20,520 --> 00:12:25,360
Speaker 1: lackluster security currently stands. I disagree with that characterization. Like

224
00:12:25,360 --> 00:12:29,120
Speaker 1: I said, any individual should be utilizing that on any

225
00:12:29,200 --> 00:12:33,280
Speaker 1: government platform. I think the government devices shouldn't have no

226
00:12:34,000 --> 00:12:37,640
Speaker 1: social media apps, to be honest, targeted to us. Mister

227
00:12:37,760 --> 00:12:42,760
Speaker 1: Chu joined this hearing you have mentioned. So China's CEO

228
00:12:42,880 --> 00:12:45,040
Speaker 1: of TikTok just said he thinks that there should be

229
00:12:45,240 --> 00:12:50,040
Speaker 1: no government devices that have social media apps on them,

230
00:12:50,080 --> 00:12:53,559
Speaker 1: not just TikTok. Now that's a little bit telling, right. No, No,

231
00:12:53,559 --> 00:12:56,400
Speaker 1: no government devices should have social media apps, to be honest,

232
00:12:57,360 --> 00:13:01,400
Speaker 1: none of them. TikTok teo also had this about spying

233
00:13:01,400 --> 00:13:06,079
Speaker 1: on Americans from representative done FIDA second District. Listen, and

234
00:13:06,160 --> 00:13:09,880
Speaker 1: they were going to follow individual American citizens. I ask

235
00:13:09,960 --> 00:13:15,120
Speaker 1: you against has Bite Dance spied on American citizens? I

236
00:13:15,120 --> 00:13:17,960
Speaker 1: don't think the spying is the right way to describe it.

237
00:13:18,240 --> 00:13:23,440
Speaker 1: This is ultimately can differ, this utiate. Any TikTok or

238
00:13:23,520 --> 00:13:27,560
Speaker 1: Bite Dance stated that is viewed, stored, or passes through

239
00:13:27,720 --> 00:13:30,840
Speaker 1: China is subject to the laws of China. One party,

240
00:13:30,880 --> 00:13:35,720
Speaker 1: authoritarian state, hostile. I love it. I wouldn't I love

241
00:13:35,920 --> 00:13:41,960
Speaker 1: how the TikTok CEOs is. I wouldn't describe it as spying, right,

242
00:13:43,800 --> 00:13:48,040
Speaker 1: That's not something that I would describe it as TikTok.

243
00:13:48,120 --> 00:13:51,480
Speaker 1: CEO also can't say how many children have died because

244
00:13:51,480 --> 00:13:55,240
Speaker 1: of dangerous challenges on TikTok. There's a lot of TikTok

245
00:13:55,320 --> 00:13:57,800
Speaker 1: challenges and a lot of people have died because of them. Listen.

246
00:13:58,120 --> 00:14:01,000
Speaker 1: Understanding that they're looking at the as, how do you

247
00:14:01,040 --> 00:14:05,160
Speaker 1: determine what age they are? Then we rely on age

248
00:14:05,200 --> 00:14:08,480
Speaker 1: skating as ow ye gating, which is when you ask

249
00:14:08,640 --> 00:14:11,320
Speaker 1: the user what age they are. We have also developed

250
00:14:11,320 --> 00:14:14,199
Speaker 1: some tools where we look at their public profile to

251
00:14:14,360 --> 00:14:16,440
Speaker 1: go through the videos that they post to see whether

252
00:14:16,720 --> 00:14:19,880
Speaker 1: that's creepy. Tell me more about that. It's public. So

253
00:14:19,960 --> 00:14:22,360
Speaker 1: if you post a video that you choose that video

254
00:14:22,400 --> 00:14:25,040
Speaker 1: to go public. That's how you get people to see

255
00:14:25,080 --> 00:14:27,480
Speaker 1: a video. We look at those to see if it

256
00:14:27,520 --> 00:14:29,760
Speaker 1: matches up the age that you talked about. Now, this

257
00:14:29,840 --> 00:14:33,160
Speaker 1: is a real challenge for our industry because privacy versus

258
00:14:33,280 --> 00:14:37,080
Speaker 1: h assurance is a really big problem. Look, look, you

259
00:14:37,160 --> 00:14:39,680
Speaker 1: keep talking about the industry. We're talking about TikTok. Here

260
00:14:40,040 --> 00:14:42,800
Speaker 1: we're talking about children dying. Do you know how many

261
00:14:42,880 --> 00:14:45,240
Speaker 1: children have died because of this? Do you have any idea?

262
00:14:45,400 --> 00:14:48,400
Speaker 1: Can you tell me a congressman, again, it is heartbreak.

263
00:14:48,440 --> 00:14:50,960
Speaker 1: Do you tell me if how many children in America

264
00:14:51,040 --> 00:14:53,880
Speaker 1: have died because of challenges like this? The majority of

265
00:14:54,200 --> 00:14:57,400
Speaker 1: people who use our platform use it for positive experiences,

266
00:14:57,960 --> 00:15:00,320
Speaker 1: and that's not what I ask you ask you tell

267
00:15:00,360 --> 00:15:02,520
Speaker 1: me the number of children of US children who have

268
00:15:02,560 --> 00:15:08,240
Speaker 1: died because of these challenges. Again, the majority of majority

269
00:15:08,280 --> 00:15:10,560
Speaker 1: of people who come on up platform. I'm not talking

270
00:15:10,600 --> 00:15:12,560
Speaker 1: about the majority of children. I want to know a

271
00:15:12,680 --> 00:15:15,840
Speaker 1: number dangerous changed US are not allowed in all platform.

272
00:15:16,120 --> 00:15:17,960
Speaker 1: If we find it, we will remove them. We think

273
00:15:17,960 --> 00:15:20,800
Speaker 1: this is obviously you found one today and you removed it.

274
00:15:20,920 --> 00:15:22,560
Speaker 1: We had to bring it to your attension, and I

275
00:15:22,600 --> 00:15:24,640
Speaker 1: know I'm out of time. Thank you for being here.

276
00:15:24,680 --> 00:15:28,560
Speaker 1: Welcome again to the most bipartisan Committian Congress. They don't

277
00:15:28,600 --> 00:15:32,640
Speaker 1: care about your kids, They care about collecting data. He

278
00:15:32,760 --> 00:15:35,160
Speaker 1: can't say how many children have died because of dangerous

279
00:15:35,280 --> 00:15:39,000
Speaker 1: challenges on TikTok. And this is a CEO who is

280
00:15:39,000 --> 00:15:44,680
Speaker 1: sitting there basically laughing in our face. Is it how

281
00:15:44,680 --> 00:15:47,280
Speaker 1: stupid we are that half of Americans have this on

282
00:15:47,360 --> 00:15:49,960
Speaker 1: their phone. One other thing I want to play for you.

283
00:15:50,360 --> 00:15:54,560
Speaker 1: The TikTok To ceo also did confirm yesterday that the

284
00:15:54,680 --> 00:15:58,920
Speaker 1: Chinese engineers of the Chinese Commist government do have access

285
00:15:59,000 --> 00:16:04,440
Speaker 1: to quote global data, meaning they can spy on you today.

286
00:16:05,040 --> 00:16:10,080
Speaker 1: Do Bite Dance employees in Beijing have access to American data?

287
00:16:10,200 --> 00:16:13,080
Speaker 1: A Congressman, we have been very open about this. We

288
00:16:13,160 --> 00:16:16,840
Speaker 1: have relied on global into operability. You have access to

289
00:16:16,880 --> 00:16:19,720
Speaker 1: American data? Coressman. I'm answering because if it could be

290
00:16:19,760 --> 00:16:23,000
Speaker 1: just a bit of time, we rely on global intooperability,

291
00:16:23,000 --> 00:16:25,280
Speaker 1: and we have employees in China. So yes, the Chinese

292
00:16:25,320 --> 00:16:27,400
Speaker 1: engineers do have access to global data, have access to

293
00:16:27,400 --> 00:16:32,360
Speaker 1: global data. There it is. He's admitting it. And after

294
00:16:32,400 --> 00:16:35,240
Speaker 1: this hearing, China was so upset they came out and

295
00:16:35,280 --> 00:16:39,680
Speaker 1: made it very clear that in China they will not

296
00:16:39,760 --> 00:16:45,480
Speaker 1: allow it to sell to an American company. Why is

297
00:16:45,560 --> 00:16:49,840
Speaker 1: that because it's it's not a social media app. It

298
00:16:50,000 --> 00:16:56,160
Speaker 1: is a spying app, That's what it is. Jamal Moment

299
00:16:57,200 --> 00:16:59,880
Speaker 1: has come out saying there's no evidence of security concerns

300
00:17:00,120 --> 00:17:03,960
Speaker 1: from Chinese spying TikTok, Yeah, saying that on NBC News,

301
00:17:04,400 --> 00:17:08,679
Speaker 1: Democrats are now doing the bidding of the Chinese Communist Party.

302
00:17:09,720 --> 00:17:15,360
Speaker 1: He has said on yesterday afternoon, Democrat claiming that there

303
00:17:15,400 --> 00:17:18,160
Speaker 1: isn't any evidence of TikTok posing as security concern through

304
00:17:18,240 --> 00:17:22,280
Speaker 1: Chinese espionage on the app. That's how they're describing it.

305
00:17:22,760 --> 00:17:26,840
Speaker 1: Democrats doing this, and of course Democrats doing the bidding

306
00:17:26,840 --> 00:17:28,880
Speaker 1: of the Chinese comngress governments saying, wow, is it really

307
00:17:28,960 --> 00:17:32,239
Speaker 1: a problem here? Listen, welcome back. While the consensus on

308
00:17:32,280 --> 00:17:34,840
Speaker 1: Capitol Hill this morning was for a crackdown on TikTok

309
00:17:34,840 --> 00:17:36,960
Speaker 1: over its times to the Chinese government, the feeling is

310
00:17:37,000 --> 00:17:40,040
Speaker 1: not universal. New York Congressman Jamal Bowman told NBC News

311
00:17:40,160 --> 00:17:42,040
Speaker 1: yesterday there are many apps on our phones right now

312
00:17:42,280 --> 00:17:44,800
Speaker 1: that are Chinese apps, and so the idea that oh,

313
00:17:44,840 --> 00:17:47,720
Speaker 1: TikTok is the boogeyman, it's just part of a political

314
00:17:47,760 --> 00:17:50,840
Speaker 1: fearmongering that is happening. Joining me now is New York

315
00:17:50,840 --> 00:17:54,679
Speaker 1: Democratic Congressman Jamal Bowman. Congressman. I appreciate you coming on,

316
00:17:54,760 --> 00:17:57,480
Speaker 1: So let me start with the first question. There, you

317
00:17:57,560 --> 00:18:00,600
Speaker 1: heard from TikTok CEO. You think he did a good

318
00:18:00,680 --> 00:18:03,200
Speaker 1: job defending the app or do you think he would

319
00:18:03,200 --> 00:18:07,280
Speaker 1: have done a better job defending the app? Listen, it's

320
00:18:07,359 --> 00:18:11,240
Speaker 1: tough to sit there and answer hundreds of questions about

321
00:18:11,320 --> 00:18:14,479
Speaker 1: any topic, even if you are an expert. But it

322
00:18:14,560 --> 00:18:16,560
Speaker 1: was good for him to come. It was good for

323
00:18:16,640 --> 00:18:18,600
Speaker 1: him to be in the hot seat. It was good

324
00:18:18,640 --> 00:18:21,880
Speaker 1: for him to answer the questions that he had to answer.

325
00:18:22,200 --> 00:18:24,640
Speaker 1: But I think part of his testimony that I want

326
00:18:24,680 --> 00:18:27,000
Speaker 1: to highlight, in which I've been talking about all week,

327
00:18:27,640 --> 00:18:32,120
Speaker 1: is we're targeting TikTok for safety and security reasons, particularly

328
00:18:32,200 --> 00:18:36,600
Speaker 1: national security reasons, but we're not talking about all of

329
00:18:36,640 --> 00:18:40,159
Speaker 1: the social media apps out there that have access to

330
00:18:40,280 --> 00:18:45,359
Speaker 1: our data, often without our consents or understanding of where

331
00:18:45,359 --> 00:18:48,000
Speaker 1: the data is going on, how it works, and our

332
00:18:48,080 --> 00:18:51,280
Speaker 1: data is now being sold, has always been sold to

333
00:18:51,400 --> 00:18:54,879
Speaker 1: the highest bidders, both in foreign nations and here in

334
00:18:54,880 --> 00:18:58,120
Speaker 1: our country. So for me, it's about having a larger

335
00:18:58,160 --> 00:19:02,159
Speaker 1: conversation about the arms and benefits of social media and

336
00:19:02,200 --> 00:19:05,800
Speaker 1: to finally work in a biparson way for national legislation

337
00:19:05,880 --> 00:19:09,879
Speaker 1: around safety and security on all social media platforms. All right,

338
00:19:09,920 --> 00:19:13,280
Speaker 1: let me ask you this, Why shouldn't the government be

339
00:19:13,359 --> 00:19:19,560
Speaker 1: concerned about foreign ownership of companies that target Americans on

340
00:19:19,640 --> 00:19:23,159
Speaker 1: the consumer level if that country is an antagonist to

341
00:19:23,200 --> 00:19:27,240
Speaker 1: our way of life? So first, I haven't seen any

342
00:19:27,480 --> 00:19:31,000
Speaker 1: evidence that shows me, as a member of Congress that

343
00:19:31,080 --> 00:19:34,320
Speaker 1: these countries have been China or any other country has

344
00:19:34,359 --> 00:19:37,080
Speaker 1: been a bad actor in this space in this way,

345
00:19:37,280 --> 00:19:42,000
Speaker 1: except Russian's interference in our twenty sixteen election, and that

346
00:19:42,119 --> 00:19:45,879
Speaker 1: happened on Facebook, and there was no conversation at that

347
00:19:46,000 --> 00:19:51,200
Speaker 1: point about banning Facebook, selling Facebook, breaking up Facebook. People

348
00:19:51,240 --> 00:19:56,240
Speaker 1: deleated Facebook. Correct, right, but still not enough. But now

349
00:19:56,320 --> 00:19:59,360
Speaker 1: we have this consistent fear of monitoring starting with the

350
00:19:59,440 --> 00:20:03,320
Speaker 1: Republican Party, and now many Democrats are sort of catching

351
00:20:03,320 --> 00:20:07,960
Speaker 1: on around China and around their access to our data.

352
00:20:08,000 --> 00:20:11,240
Speaker 1: But just this overall sort of global competition with China

353
00:20:11,560 --> 00:20:14,760
Speaker 1: in all its forms, and you know that's how Republicans governed,

354
00:20:14,840 --> 00:20:18,240
Speaker 1: That's how this place works way too often around fear.

355
00:20:18,520 --> 00:20:21,560
Speaker 1: Let's take up step back and have a comprehensive conversation

356
00:20:21,920 --> 00:20:26,800
Speaker 1: about social media, about addiction, about monopolies, about time on

357
00:20:26,840 --> 00:20:29,359
Speaker 1: the apps, and about safety and security of our data.

358
00:20:29,440 --> 00:20:33,040
Speaker 1: So let's talk about, excuse me, what is a data

359
00:20:33,119 --> 00:20:35,439
Speaker 1: privacy law. What kind of teeth would you like to

360
00:20:35,440 --> 00:20:37,960
Speaker 1: see in a data privacy law that you think would

361
00:20:37,960 --> 00:20:42,919
Speaker 1: a swage many people's concerns about TikTok? Specifically, what can

362
00:20:42,960 --> 00:20:45,920
Speaker 1: we do in a national law that would answer our

363
00:20:45,920 --> 00:20:50,639
Speaker 1: TikTok concerns? First of all, what in the world is

364
00:20:50,680 --> 00:20:53,919
Speaker 1: happening with my data as we speak? What are you

365
00:20:54,000 --> 00:20:56,639
Speaker 1: doing with it? Where is it? Where does it go?

366
00:20:57,040 --> 00:20:59,920
Speaker 1: Who is it being sold to? We need that education

367
00:21:01,000 --> 00:21:05,639
Speaker 1: on these plats. We have no idea. Our data is

368
00:21:05,640 --> 00:21:09,040
Speaker 1: just out there somewhere and it's being used everything from

369
00:21:09,160 --> 00:21:13,920
Speaker 1: facial recognition software to the Catholic Church buying data from

370
00:21:13,920 --> 00:21:17,480
Speaker 1: the app Grinder to search for gay priests. This was

371
00:21:17,520 --> 00:21:21,480
Speaker 1: reported by the Washington Post. So all of this is happening,

372
00:21:21,520 --> 00:21:23,800
Speaker 1: All of this data is out there we have no

373
00:21:24,040 --> 00:21:27,920
Speaker 1: knowledge of it. First, we need knowledge. Second, we need consent.

374
00:21:28,240 --> 00:21:30,480
Speaker 1: Do I consent to you using my data? And the

375
00:21:30,640 --> 00:21:33,840
Speaker 1: ways are not? And if I don't, then don't use it.

376
00:21:34,080 --> 00:21:39,560
Speaker 1: The problem is the entire advertising infrastructure for Facebook and

377
00:21:39,640 --> 00:21:42,640
Speaker 1: other American companies is built on this data. So if

378
00:21:42,640 --> 00:21:45,640
Speaker 1: that data comes away, ad dollars come away. If those

379
00:21:45,680 --> 00:21:48,760
Speaker 1: ad dollars come away, these companies are broke. And they've

380
00:21:48,760 --> 00:21:52,600
Speaker 1: been allowed to build oligarchies over this time. And now

381
00:21:52,640 --> 00:21:55,200
Speaker 1: we're focused on TikTok and not talking about the others.

382
00:21:55,520 --> 00:21:58,520
Speaker 1: I love how this democrat is literally doing the bidding

383
00:21:58,560 --> 00:22:01,120
Speaker 1: of the Chinese commuist government. Sitting there, he's like, oh,

384
00:22:01,200 --> 00:22:03,439
Speaker 1: it's not that bad. Oh well, we need a bigger

385
00:22:03,480 --> 00:22:06,840
Speaker 1: conversation on this right well, and it's not just tiptok.

386
00:22:07,200 --> 00:22:09,399
Speaker 1: He's like, Facebook did it too, Well, Facebook was an

387
00:22:09,400 --> 00:22:12,879
Speaker 1: American company, not a Chinese communist company. Let's not forget that.

388
00:22:13,640 --> 00:22:17,600
Speaker 1: And he's like, Facebook did this too. No, they didn't, No,

389
00:22:17,720 --> 00:22:22,359
Speaker 1: they didn't, they did not. That's not what happened. Okay,

390
00:22:22,440 --> 00:22:26,960
Speaker 1: that's a lie. So remember that company XTF. It was

391
00:22:27,000 --> 00:22:32,280
Speaker 1: a crypto currency ponzi scheme. And the guy who is

392
00:22:32,359 --> 00:22:36,720
Speaker 1: running it what just happened to be the second largest

393
00:22:36,800 --> 00:22:40,119
Speaker 1: donor to the Democratic Party in the mid term elections,

394
00:22:40,119 --> 00:22:43,160
Speaker 1: and then all of a sudden everything went belly up

395
00:22:43,160 --> 00:22:47,240
Speaker 1: just three days after the midterm elections. You remember that story,

396
00:22:47,359 --> 00:22:50,040
Speaker 1: you know, just from a couple of months ago. Has

397
00:22:50,200 --> 00:22:54,240
Speaker 1: any of the Democrats that look the other way on cryptocurrency?

398
00:22:55,280 --> 00:22:59,440
Speaker 1: Have any of them? Have any of them been arrested? Yeah?

399
00:23:00,280 --> 00:23:02,480
Speaker 1: Have any of them had to give back their money? No?

400
00:23:03,440 --> 00:23:05,080
Speaker 1: Did any of the candidates to me, he was the

401
00:23:05,160 --> 00:23:08,439
Speaker 1: second biggest owner behind George Sours the Democratic Party? No.

402
00:23:09,359 --> 00:23:12,400
Speaker 1: But what I can tell you now is Lindsay Lohan,

403
00:23:12,880 --> 00:23:17,680
Speaker 1: remember that child actress from Parent Trapp and Jake Paul,

404
00:23:17,800 --> 00:23:21,880
Speaker 1: the kid YouTube stories now a boxer. They both now

405
00:23:21,960 --> 00:23:27,200
Speaker 1: been charged for alleged illegal cryptocurrency schemes. So we're going

406
00:23:27,280 --> 00:23:31,520
Speaker 1: after childhood stars, but not the Democrats to cast the

407
00:23:31,720 --> 00:23:38,159
Speaker 1: checks from a corrupt XTF that they refused to actually

408
00:23:38,440 --> 00:23:43,400
Speaker 1: look at or regulate. Seems about writing America Today. Actress

409
00:23:43,520 --> 00:23:49,080
Speaker 1: Lindsay Lohan and quote influencer Jake Paul have been charged

410
00:23:49,800 --> 00:23:54,160
Speaker 1: for allegedly partaking an illegal crypto scheme, along with six

411
00:23:54,240 --> 00:23:59,040
Speaker 1: other celebrities. The charges from regulators from the US Security

412
00:23:59,119 --> 00:24:02,240
Speaker 1: Exchange Commission. And this is what the FEC is working

413
00:24:02,280 --> 00:24:05,800
Speaker 1: on today. Not let's happen out there with the Bank,

414
00:24:05,880 --> 00:24:08,160
Speaker 1: Silicon Valley Bank or any of the other banks. No

415
00:24:08,160 --> 00:24:11,040
Speaker 1: no, no no no, not not looking at all the democrats

416
00:24:11,080 --> 00:24:15,439
Speaker 1: taking them I no, no, no no. The SEC is

417
00:24:15,520 --> 00:24:19,680
Speaker 1: now going after childhood stars. The charges from the regulators

418
00:24:19,680 --> 00:24:24,280
Speaker 1: center on crypto asset entrepreneur Justin's Son and three of

419
00:24:24,280 --> 00:24:30,040
Speaker 1: his companies, Tron Foundation Limited, bit Torrent Foundation, and Rainberry

420
00:24:30,119 --> 00:24:34,600
Speaker 1: Ink formerly known as bit Torrent. A statement from the

421
00:24:34,680 --> 00:24:38,119
Speaker 1: SEC said that Son and his companies allegedly participate in

422
00:24:38,119 --> 00:24:43,720
Speaker 1: the unregistered offer and sale of crypto asset securities and

423
00:24:43,840 --> 00:24:49,440
Speaker 1: also fraudently manipulate the secondary market for x r X

424
00:24:49,440 --> 00:24:55,040
Speaker 1: excuse me tr X through an extensive wash trading scandal.

425
00:24:55,920 --> 00:25:00,200
Speaker 1: Wash trading reportedly involves the simultaneous or near simultane this

426
00:25:00,280 --> 00:25:02,600
Speaker 1: purchase and sale of a security to make it appear

427
00:25:03,359 --> 00:25:10,400
Speaker 1: actively traded without an actual change in beneficial ownership, and

428
00:25:10,480 --> 00:25:15,040
Speaker 1: for also orchestrating a scheme to pay celebrities to tout

429
00:25:15,119 --> 00:25:22,000
Speaker 1: this These companies to tout the TRX and BTT without

430
00:25:22,000 --> 00:25:26,480
Speaker 1: disclosing their compensation. So this is who our justice system

431
00:25:26,680 --> 00:25:30,280
Speaker 1: is going after now. Both Lindsay Lohan and Jake Paul

432
00:25:30,320 --> 00:25:35,720
Speaker 1: were charged with illegal illegally touting XRT and BTT without

433
00:25:35,720 --> 00:25:39,280
Speaker 1: disclosing that they were compensating them for doing so and

434
00:25:39,359 --> 00:25:43,679
Speaker 1: the amount of their compensation. Six other celebrities alongside the

435
00:25:43,720 --> 00:25:53,199
Speaker 1: two were DeAndre Cortez Way, Austin Mahone, Michael Manson, my

436
00:25:53,359 --> 00:25:58,879
Speaker 1: arms excuse me, Kendrew lust Or, Michelle Manson, Miles Parker McCullum,

437
00:25:59,800 --> 00:26:05,000
Speaker 1: and Knee Yo. If you don't know these names, I'm

438
00:26:05,040 --> 00:26:07,399
Speaker 1: not surprised. That means you probably have a job and

439
00:26:07,480 --> 00:26:11,000
Speaker 1: you actually go to work. Lindsay Lohan and Jake Paul

440
00:26:11,040 --> 00:26:14,720
Speaker 1: both reportedly agreed to a settlement payment without admitting guilt.

441
00:26:15,560 --> 00:26:21,720
Speaker 1: With the exception of Cortez, Way and Mahone, celebrities charged

442
00:26:21,880 --> 00:26:23,959
Speaker 1: today agree to pay a total of more than four

443
00:26:23,960 --> 00:26:27,399
Speaker 1: in a thousand and Interests and Penalties has settled the

444
00:26:27,480 --> 00:26:31,800
Speaker 1: charges without admitting or denying the SEC's filing. The SEC

445
00:26:32,000 --> 00:26:37,119
Speaker 1: is now set. The SEC chair Gary Gensler said in

446
00:26:37,119 --> 00:26:39,760
Speaker 1: a statement that the case represents the kind of high

447
00:26:39,880 --> 00:26:44,159
Speaker 1: risk investors face when crypto assets securities are offered and

448
00:26:44,200 --> 00:26:48,400
Speaker 1: soul without proper disclosure as alledge Son and his companies

449
00:26:48,880 --> 00:26:53,000
Speaker 1: not only targeted US investors in their unregistered offers and sales,

450
00:26:53,359 --> 00:26:57,720
Speaker 1: generating millions in illegal proceeds at the expense of investors,

451
00:26:58,200 --> 00:27:03,240
Speaker 1: but they also coordinated washing on an unregistered trading platform

452
00:27:03,320 --> 00:27:08,600
Speaker 1: to create the misleading appearance of active trading. Son further

453
00:27:09,520 --> 00:27:13,840
Speaker 1: induced investors to purchase stocks by orchestrated, or i should say,

454
00:27:14,000 --> 00:27:17,760
Speaker 1: these cryptos, by orchestrating a promotional campaign in which he

455
00:27:17,840 --> 00:27:20,719
Speaker 1: and his celebrity promoters hid the fact that the celebrities

456
00:27:21,080 --> 00:27:24,200
Speaker 1: were paid for their tweets that they were sending out.

457
00:27:24,800 --> 00:27:27,919
Speaker 1: So to be clear, you run a massive Ponzi scheme,

458
00:27:28,560 --> 00:27:32,720
Speaker 1: and Democrats are taking massive checks from your Ponzi scheme.

459
00:27:33,440 --> 00:27:37,120
Speaker 1: And you're the second biggest donor in the Democratic Party

460
00:27:37,800 --> 00:27:41,359
Speaker 1: in the midterm elections. And if you're anyone of those Democrats,

461
00:27:41,359 --> 00:27:44,280
Speaker 1: you're fine. But we're gonna go after child stars now

462
00:27:44,800 --> 00:27:48,720
Speaker 1: and get them to pay little dinky fines. And that's

463
00:27:48,720 --> 00:27:52,399
Speaker 1: how we're cleaning up the cryptocurrency mess. This is not

464
00:27:52,560 --> 00:27:55,639
Speaker 1: a joke. It's embarrassing, but this is what they're doing.

465
00:27:56,080 --> 00:27:57,840
Speaker 1: I want to remind you you can download the ben

466
00:27:57,880 --> 00:28:01,680
Speaker 1: Ferguson Podcasts. We do our podcast six days a week,

467
00:28:01,880 --> 00:28:04,840
Speaker 1: so it makes you download the Ben Ferguson podcasts now