Category: Crypto
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Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX
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NFL superstar Tom Brady and basketball player Stephen Curry and other US celebrities are facing an investigation by the Texas financial regulator regarding the insolvent crypto exchange FTX. Texas Financial Industry Regulatory Authority Director of Law Enforcement Joe Rotunda confirmed to Bloomberg today, Nov. 22, that his agency is looking…
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Crypto Exchange Bitpanda Receives A BaFin License
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The German Federal Financial Supervisory Authority BaFin grants Bitpanda the “license for custody and proprietary trading of crypto assets”. The company, which is registered as Bitpanda Asset Management GmbH in Vienna, has thus officially received a license from the German securities regulator for the custody and proprietary trading of crypto…
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Introducing The Australian Crypto King Fred Schebesta!
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The Australien Fred Schebesta (LinkedIn) has been called the country’s Crypto King. He is the founder of financial comparison site Finder.com and the crypto broker HiveEX. In August 2020 Schebesta sold HiveEx to FTX for $300.000. Schebesta is also Finder Earn also massively involved in the Crypto segment. The Finder…
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Crypto Brokerage Genesis Needs $500 Million In Funding!
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Broker Genesis is struggling to raise fresh money for its credit division and is warning potential investors that the company may have to file for bankruptcy if its efforts fail, according to people familiar with the matter. “We have no plans to file bankruptcy imminently,” a Genesis spokesperson said in…
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FBI Seeks Extradition Of Sam Bankman-Fried
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The Federal Bureau of Investigation (FBI) is demanding the extradition of Sam Bankman-Fried to the United States. Together with Bahamian authorities, the US Central Security Agency is discussing the possibility of bringing FTX founder Sam Bankman-Fried to the United States for questioning. This is reported by the Daily Mail, citing…
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BlockFi Facing Insolvency
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After the bankruptcy of FTX, BlockFi is also facing bankruptcy. Payouts were already stopped last week. The bankruptcy of crypto exchange FTX has sent shockwaves throughout the crypto industry and put many digital currencies under pressure. The industry is now concerned that other crypto exchanges could suffer the same fate.…
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Ukrainian Aid Money May Be Gone In Bankruptcy Of Crypto Exchange FTX!
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In March, the Ukrainian government under Volodymyr Selenskyj proudly presented a new way of increasing donations: The crypto exchange FTX was supposed to make more out of 100 million – now FTX is bankrupt. The suspicion: vast sums of aid money are gone.
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SEC Chair Gary Gensler Launches Investigation Against FTX!
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Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), warned the crypto industry, saying, “We need to protect crypto investors. Time is running out!” According to Gensler, the FTX collapse follows the same pattern as the crash of many other crypto platforms. He said that these platforms…
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The Many Losers Of The FTX Collapse And Its Devastating Consequences!
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In the FTX crash, the crypto market has been in a state of shock. Celebrities such as the U.S. football star Tom Brady are among those affected. Slowly, the full extent of the FTX crash is becoming visible. Sam Bankman-Fried’s crypto exchange had signed big-name investors and promotional deals, including…
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PayTech Cardstream Partners Pith Qi Digital To Empower Digital Currencies
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PayTech company Cardstream (PR42 profile) has partnered with cryptocurrency company Qi to make it simpler for merchants worldwide to accept digital currencies. Cardstream processes card payments globally and also offers emerging and local payment methods for some regions and consumers.