Author: Lucas Peterson

  • Congressman Introduces Legislation To Fire Gary Gensler!

    Congressman Introduces Legislation To Fire Gary Gensler!

    Congressman Warren Davidson, Ohio’s 8th District in Congress, says he is introducing legislation to fire SEC Chairman Gary Gensler. An Executive Director role will replace the Securities and Exchange Commission (SEC) Chairman, and former chairs of the SEC will be ineligible, the Congressman said.

  • Bitpanda Launches Crypto Leverage Trading Product!

    Bitpanda Launches Crypto Leverage Trading Product!

    The option of leverage trading with cryptocurrencies is intended to enable platform users to react to short-term developments in the market. Austrian crypto platform Bitpanda is launching CFDs (Contract for Difference) for cryptocurrencies such as Bitcoin, Ethereum, or Solana.

  • Popcorn Entertainment For Short Sellers: Fraser Perring vs Liam Byrne!

    Popcorn Entertainment For Short Sellers: Fraser Perring vs Liam Byrne!

    Labour MP Liam Byrne has been convicted of bullying a former staffer and will be suspended from the House of Commons for two days.

  • Wirecard CEO Braun Torpedoed Special Audit According To Auditor!

    Wirecard CEO Braun Torpedoed Special Audit According To Auditor!

    Wirecard had commissioned the special audit when doubts about third-party transactions in Asia became known. The company collapsed in June 2020! Allegedly, the former Wirecard board led by Markus Braun had effectively blocked a special audit of the payment processor, according to auditor KPMG.

  • After A Dispute With Elon Musk: U.S. Broadcaster Stops Twitter Activity!

    After A Dispute With Elon Musk: U.S. Broadcaster Stops Twitter Activity!

    The U.S. broadcaster NPR puts its activity on Twitter on hold after a confrontation with owner Elon Musk. The more than 50 NPR Twitter accounts will no longer be fed with current content, the broadcaster said. NPR recommended that users* use the service via its in-house app or other online…

  • Kraken Unstakes $1 billion Worth Of Ethereum.

    Kraken Unstakes $1 billion Worth Of Ethereum.

    Crypto exchange Kraken is pulling over $1 billion in Ethereum from its staking pots. The move follows its dispute with the U.S. Securities and Exchange Commission (SEC).

  • Founders Alert: Theranos Founder Elizabeth Holmes To Face Prison Sentence!

    Founders Alert: Theranos Founder Elizabeth Holmes To Face Prison Sentence!

    Her start-up Theranos promised a revolution in blood testing, but Elizabeth Holmes was convicted of being a fraud. Now she will probably have to serve her more than eleven-year prison sentence, although her appeal is still pending.

  • Connections To China Allegedly Concealed Crypto Exchange Binance!

    Connections To China Allegedly Concealed Crypto Exchange Binance!

    According to reports, the world’s largest crypto trading platform Binance has concealed its connections to China. If the allegation turns out to be accurate, this could have severe consequences for the company.

  • Court Approves Adler Group’s Restructuring Plan!

    Court Approves Adler Group’s Restructuring Plan!

    The Adler Group rents out thousands of apartments in Germany and is heavily indebted. A UK court has now allowed the Group to restructure its debt by billions despite opposition from some creditors. Among other things, the Group can take on one billion euros in new debt.

  • Emoji Culture: FTX Executives Approved Million-Dollar Deals By Emoji!

    Emoji Culture: FTX Executives Approved Million-Dollar Deals By Emoji!

    The deep fall of crypto exchange FTX is due to a mix of “hubris, incompetence, and greed,” according to a new report from the bankruptcy trustee. The report sharply criticizes the chaos and lack of financial control and accounting mechanisms under founder Sam Bankman-Fried. Million-dollar expenditures were approved by Emoji.