In the summer of 2021, I stumbled onto the world cryptocurrency by accident. A friend of mine encouraged me to buy some Bitcoin at the height of the mania, and to be honest, I was tempted. According to media reports, a lot of knuckleheads seemed to be getting rich off …
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I first heard the term “warm crypto” from former Time magazine president Keith Grossman during an NFT fundraiser he led on Twitter in 2022 for the charity New York Cares. (Full disclosure: Author donated to a past New York Cares charity NFT project.) Grossman used his media influence to raise …
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The Securities and Exchange Commission filed suit on Monday against global giant Binance, the largest cryptocurrency exchange in the world. A second lawsuit came the very next day against Coinbase, the largest exchange based in the United States. After years of regulatory turf wars over an industry widely seen as …
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The Securities and Exchange Commission’s crypto crackdown continued Tuesday, with the financial regulator bringing new charges against another major cryptocurrency exchange, Coinbase. The new complaint alleges that, since at least 2019, Coinbase has served as a securities exchange, broker, and clearing agency but never registered as such with the SEC. …
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The Securities and Exchange Commission ramped up the pressure on Binance, bringing 13 charges against the world’s largest cryptocurrency exchange and its founder/CEO Changpeng “CZ” Zhao. Accusing Binance of misleading customers and misusing funds, the SEC said the company was able to control customer assets and move them around as …
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T here was a moment, late last fall, when Changpeng Zhao seemed like the smartest guy in crypto. The news was sudden and definitive: Binance, Zhao’s international trading post, announced plans to buy its biggest rival, FTX, led by the young American Sam Bankman-Fried, or SBF. It looked like a …
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Herbie: Fully Loaded actor Lindsay Lohan and an adult performer known for playing MILFs are among those being charged in an cryptocurrency fraud scheme, according to a press release from the Securities and Exchanges Commission, published Wednesday afternoon. The press release states that eight celebrities, including Lohan, adult performer Kendra …
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The MAGA cryptocurrency $FJB, (officially Freedom Jobs Business, unofficially shorthand for “Fuck Joe Biden”) has fallen 95 percent in value in the past 13 months despite a relentless push by owners Steve Bannon and Boris Epshteyn to keep it afloat, according to an investigation by ABC News. The devalued digital …
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Isaac Wright lives on the lookout for openings that other people ignore — popping open fire doors, climbing locked emergency stairs, and riding maintenance elevators long after everyone else has gone home. “The stuff we see is so incredible,” he tells me. “It feels like robbery that the rest of …
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Sam Bankman-Fried previously pleaded not guilty to eight criminal charges in connection to the collapse of FTX, the cryptocurrency exchange of which he was the cofounder. On Thursday, Bankman-Fried pleaded not guilty to an additional five counts, according to The Daily Beast. During the original hearing in January, as The …
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