In a new documentary premiering Monday, FTX customers, insiders and investors tell CNBC that despite not receiving a single dollar's worth of cryptocurrency back, they're optimistic on the industry and plan to keep investing. Evan Luthra, an app developer, entrepreneur and angel investor, told C...
After the crypto exchange FTX went bankrupt at the end of 2022, however, customers withdrew their money en masse. In addition, several of its corporate clients were targeted by regulators, including what is now the world’s largest crypto exchange, Binance, and crypto exchange Gemin...
According to The Sovereign Individual, this means that "governments that attempt to charge too much as the price of domicile will merely drive away their best customers" (Thiel, p. 21). The nation-state, as a nexus of power, will be eclipsed by sovereign individuals. With this worldview,...
Crypto companies should watch out for customers using privacy coins or self-hosted wallets as they try to spot potential money laundering activity, the European Banking Authority said in draft guidance published Wednesday. The plans, open for comment until August 31, follow a series of crackdowns ...
The woman overseeing these massive, risky trades for JPMorgan Chase, Ina Drew, didn’t even have a trading license. (SeeJamie Dimon’s Top Women and Their Missing Licenses.) JPMorgan’s Dark Pools should be part of this current investigation.Wall Street...
Last month, the SCB said it had seized more than $3.5 billion in cryptocurrency from the unit, FTX Digital Markets, which it was holding for future repayment to customers and other creditors. /jlne.ws/3vxdR6j Gemini’s Cameron Winklevoss accuses Genesis boss of stalling on returning $900 ...
It's been obvious to me for awhile that PFO is hurting for money. Their Early Enrollment which was all about slowly brining players in over time is effectively a full release of the game at this point. They lowered the entry requirement so that anybody who pays 30$ can get in when dur...
“If hedge funds get farther into crypto, they don’t care about direction. They’ll go long, they’ll go short. They can use leverage. There are lots of cryptocurrency exchanges like FTX and Binance and many others that allow people to use insane amounts of lev...
their new crypto customers — reticent to talk about their business relationships lest they become a target too. “They’re all getting banked, but no one wants to advertise that because of Operation Choke Point part two,” says the person at the crypto VC firm, referring to its portfolio ...
Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially; The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors. CoinTelegraph /jlne.ws/42JXIsY Pepe-Themed...