What Happened to Crypto?

What the heck happened to Crypto? Over the past couple of years, there have been many headlines around crypto. And recently, the market, as well as various cryptocurrencies, have dropped off sharply. Shanna Tingom starts by breaking down some numbers, and what's behind them. We also talk about the legal troubles faced both by a big-name backer of crypto, as well as a popular trading app. And what about taxes? What are the tax implications for people who buy and sell cryptocurrencies? If you'd like to reach out to Shanna Tingom and her team at Heritage Financial Strategies, find them online at https://www.heritagefinancialaz.com/ Additional Resources: Previous podcast episode on Gamestop and "Meme Stocks:" https://makingmoneyfun.simplecast.com/episodes/explaining-the-gamestop-story Reuters Article on Robinhood: https://www.reuters.com/markets/us/robinhood-must-face-us-market-manipulation-claims-over-meme-stock-rally-judge-2022-08-11/ Tech Crunch Article on Voyager: https://techcrunch.com/2022/08/11/mark-cuban-mavericks-face-lawsuit-over-crypto-voyager-ponzi-scheme/ Harvard Gazette article:What Happened to Crypto: https://news.harvard.edu/gazette/story/2022/07/so-what-happened-to-crypto/#:~:text=Recent%20high%2Dprofile%20financial%20meltdowns,less%20than%20%24900%20billion%20today.