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HomeCrypto

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FTX
Aljazeera International

FTX carried out ‘old-fashioned embezzlement’: CEO

December 13, 2022 Mariel Alumit

Poor management practices and inexperienced leaders led to FTX’s implosion, the crypto exchange’s new chief executive, John Ray, told United States legislators, shortly after regulators charged founder Sam Bankman-Fried with defrauding investors. “The FTX group’s […]

Aljazeera International

US charges FTX’s Bankman-Fried with fraud

December 13, 2022 Mariel Alumit

US federal prosecutors on Tuesday are alleging Sam Bankman-Fried committed fraud and violated campaign finance laws, and, in addition, the founder and former CEO of FTX faces charges by US regulators. The 30-year-old Bankman-Fried arrived […]

FTX
Crypto

Watch Live: New FTX CEO Throw SBF Under The Bus In Congressional Hearing

December 13, 2022 Mariel Alumit

While Maxine Waters is ‘disappointed’ that her favorite crypto donor will not be attending this morning’s hearing on the FTX collapse (since he’s in jail), we do get to hear straight from one horse’s mouth […]

FTX
Crypto

“Conspiracy To Defraud The United States”: Feds Charge FTX Founder With Campaign Finance Violations

December 13, 2022 Mariel Alumit

FTX founder Sam Bankman-Fried was charged with eight criminal counts, including conspiracy and wire fraud for allegedly misusing billions of dollars in customers’ funds before the spectacular collapse of his cryptocurrency empire.   The indictment, […]

Crypto

Gemini Crypto Exchange Out $900 Million From Genesis FTX Loss The Daily Financial Trends

December 5, 2022 Mariel Alumit

Customers of the Winklevoss Twin’s crypto exchange are short $900 million, which the crypto-broker Genesis is unable to pay back to them, according to a new report in the Financial Times. Gemini is now attempting […]

Crypto

BlackRock’s Larry Fink Says More Crypto Companies Will Go Down Due To FTX

December 4, 2022 Mariel Alumit

At the New York Times DealBook summit, BlackRock chief executive Larry Fink warned that more cryptocurrency companies may go down in the wake of the collapse of the FTX cryptocurrency exchange. Blackrock is one of […]

Fidelity
Crypto

Fidelity Begins Opening Retail Bitcoin Trading Accounts

November 29, 2022 Mariel Alumit

Authored by ‘BTCCasey’ via BitcoinMagazine.com, Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading accounts.   The development comes after their announcement of a wait list previously this […]

TEXAS
Crypto

TEXAS IS BECOMING A BITCOIN-MINING CAPITAL. CAN THE GRID HANDLE IT?

November 28, 2022 Mariel Alumit

While the collapse of cryptocurrency exchange FTX earlier this month dominates national headlines, the Texas blockchain and Bitcoin community is determined to forge ahead. “Texas is home to the largest Bitcoin mining sites in North […]

FTX
Crypto

Post-FTX Regulatory Crackdown Will Erode Liberties, Accelerate Path To CBDC ‘Social Engineering’

November 25, 2022 Mariel Alumit

Authored by Michael Washburn via The Epoch Times (emphasis ours), The collapse of cryptocurrency exchange FTX, and the worldwide outcry over the billions of dollars wiped off the platform, are likely to trigger a massive […]

Crypto

War On Cash: India Rolling Out Retail Pilot Program For Digital Rupee

November 25, 2022 Mariel Alumit

Via SchiffGold.com, We recently reported that the Federal Reserve plans to launch a 12-week pilot program in partnership with several large commercial banks to test the feasibility of a central bank digital currency (CBDC). The […]

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