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Tag: lost billions

FTX Top Executive Pleads Guilty to Fraud

Nishad Singh – the former head of engineering at bankrupt crypto exchange giant FTX – pleaded guilty to six criminal charges related to...

Why Ripple Could Pay Up $250M to End SEC Legal Bout

The Ripple vs SEC lawsuit has entered a critical phase, with the possibility of a settlement looming. John Deaton recently provided insight into the...

Jamie Dimon Is Clearly NOT a BTC Fan

Jamie Dimon – the man in charge of JPMorgan Chase, arguably one of the biggest financial companies in the world – really can’t stand...

Crypto Billionaires Lose Billions in Crypto Markets – Experts Predict Metacade Will Soar

Crypto billionaires are among those that have suffered the worst from the crypto crash of 2022,...

10 Common Crypto Scams and How to Avoid Them

As with anything, whenever there is something promising going on in society, there always has to be at least one person who ruins it...

JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk...

JPMorgan Chase CEO on Bitcoin: How Do We Know Supply Is Capped at 21 Million?

On Thursday (19 January 2023), Jamie Dimon, the Chairman of the Board and CEO of global finances services firm JPMorgan Chase & Co., shared...

Thailand’s SEC issues new regulations for crypto custody services

The Securities and Exchange Commission (SEC) of Thailand issued new rules for cryptocurrency custody services on Tuesday, in hopes of improving investor protection.See related...

Why Is Sam Bankman-Fried Hiding FTX’s Client Names?

As it seeks to recover money lost in what was apparently a massive fraud, cryptocurrency exchange FTX will petition a U.S. bankruptcy court...

Justin Sun Moves $100M in Stablecoins to Huobi Amid Rush of Withdrawals

Crypto mogul and Tron founder Justin Sun today moved $100 million of his stablecoins to his crypto exchange Huobi after news dropped that it...

New York Attorney General Sues Ex-Celsius Boss Alex Mashinksy for Fraud

New York’s attorney general is suing ex-Celsius boss Alex Mashinsky for defrauding investors.In a Thursday statement, New York Attorney General Letitia James alleged that...

Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX

The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange...

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