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crypto
11/18/2022
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By Kevin Hughes
Crypto Nostradamus John Perez: Cryptocurrency scam is THE SCAM of the century
For Crypto Nostradamus John Perez, the cryptocurrency scam is the scam of the century. “They are all playing games, sucking money out and moving it. And the crypto scam is literally the scam of the century because it just makes every other scam. But the crypto ecosystem, in my opinion, is gone. It is dead […]
11/16/2022
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By Arsenio Toledo
Crypto.com withdrawals SURGE after CEO admits “mishandling” $400M transaction
Thousands of clients of the cryptocurrency exchange platform Crypto.com pulled out their funds from the site over the weekend after the company’s chief executive admitted to “mishandling” a transaction involving roughly $400 million worth of crypto assets. Crypto.com CEO Kris Marszalek said on Twitter that the $400 million transfer was mistakenly sent to the wrong type […]
11/12/2022
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By Mike Adams
BREAKING: Now-collapsed FTX crypto slush fund laundered Ukraine donation money to Democrat candidates to help rig mid-terms
The FTX crypto slush fund run by now-disgraced Sam Bankman-Fried (and his MIT college buddies) laundered money for Ukraine into nearly $40 million worth of campaign donations for Democrats in the 2022 mid-term elections. Over the last year, Joe Biden and the Democrats have pushed through well over $50 billion in funding for Ukraine, using […]
10/15/2022
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By News Editors
The crypto geniuses who vaporized a trillion dollars. Everyone trusted the two guys at Three Arrows Capital. They knew what they were doing — right?
The boat was a beauty of a thing: some 500 tons across 171 feet of glass and steel as white as Santorini. All rounded edges, the five decks — one with a glass-bottom pool — were made for July on the Mediterranean, sunset dinners among the islands near Sicily, cocktails in the turquoise shallows off the […]
08/01/2022
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By Ethan Huff
The scandal-ridden crypto industry is imploding, with Celsius firing 25% of its workforce as collapse contagion spreads
Almost one-quarter of the workforce at American-Israeli crypto lender Celsius was laid off last month as the company faces restructuring and possible insolvency. According to LinkedIn, Celsius has about 650 staff members, but 150 of them were let go amid a financial crisis that saw customer withdrawals halted in June. Celsius cited “extreme market conditions” […]
07/29/2022
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By JD Heyes
Another cryptocurrency firm tanks, files for bankruptcy protection and takes life savings of thousands of people with them
Cryptocurrency firms continue to tank amid uncertainty about the future and as more and more of them are exposed as being shams. Last week, crypto lender Celsius Network, which was already suffering from a massive cash shortage, filed for Chapter 11 bankruptcy protection in the Southern District of New York — an action that came after […]
07/29/2022
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By Belle Carter
Coinbase shares down 21% following reports that it is facing SEC probe
Coinbase shares has tumbled following reports that the crypto firm is facing Securities and Exchange Commission (SEC) probe. The SEC is set to investigate whether Coinbase has improperly allowed users to trade digital assets that have not been registered as securities. Subsequently, company shares closed down more than 21 percent on Tuesday, July 26. According to reports, the firm has […]
07/24/2022
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By Cassie B.
Former Coinbase manager facing charges in first crypto insider trading case
The U.S. Attorney’s Office for the Southern District of New York announced that three people have been charged in the first cryptocurrency insider trading tipping case in the nation. A former product manager at cryptocurrency exchange platform Coinbase, Ishan Wahi, along with his brother, Nikhil Wahi and friend Sameer Ramani have been charged with wire […]
07/24/2022
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By Arsenio Toledo
Founder of fraudulent crypto CONVICTED for stealing over $6 million from investors
Randall Crater, the creator of purported cryptocurrency My Big Coin, has been convicted for stealing over $6 million from investors by falsely claiming that this new crypto asset was backed by commodities. The Department of Justice said Crater, 51, offered virtual payment services through his fraudulent digital currency. (Related: “Cryptoqueen” becomes first crypto criminal on FBI’s top 10 most […]
07/04/2022
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By Cassie B.
Major crypto hedge fund Three Arrows Capital files for bankruptcy and fires 25% of workforce as crypto implosion spreads
The news for cryptocurrencies keeps getting worse as Three Arrows Capital (3AC), a major cryptocurrency hedge fund, plunges into bankruptcy and fires 25% of its workforce. Rumors that the embattled fund was in trouble started gaining steam early last month, and it was hit hard by the collapse of the Terra crypto and other issues. […]
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