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Market fraud and skepticism fuel crash of cryptocurrency (Video)

The cryptocurrency market has lost about 70% of its value in the past 8 months. CBS News tech reporter Dan Patterson breaks down how fraud is damaging the appeal of crypto. He also spoke with actor Ben McKenzie, who is co-writing a book about crypto, about why people should be skeptical before investing in the digital currency.

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Market fraud and skepticism fuel crash of cryptocurrency (Video)

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Market fraud and skepticism fuel crash of cryptocurrency (Video)

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Summary
Market fraud and skepticism fuel crash of cryptocurrency (Video)
Title
Market fraud and skepticism fuel crash of cryptocurrency (Video)
Description

The cryptocurrency market has lost about 70% of its value in the past 8 months. CBS News tech reporter Dan Patterson breaks down how fraud is damaging the appeal of crypto. He also spoke with actor Ben McKenzie, who is co-writing a book about crypto, about why people should be skeptical before investing in the digital currency. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com