marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
bitraped
11/18/2022
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By Cassie B.
US to extradite embattled FTX ex-CEO Sam Bankman-Fried from Bahamas
The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for questioning. Bankman-Fried […]
11/17/2022
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By Ethan Huff
Mike Adams exposed the FTX / Alameda-style crypto collapse FOUR YEARS AGO in this hilarious “Sh#tcoin and Buttcoin” animation
Nearly five years ago, Mike Adams, the Health Ranger, released a video mocking Bitcoin and what he called “crypto-lunacy.” In light of the recent events surrounding the collapse of FTX, that video – watch below – is more relevant than ever. Adams released the video as part of a Counterthink.com animation series warning people about […]
07/06/2022
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By Ethan Huff
Coinbase SPIES for the government by geo-tracking its own users and sharing gathered data with the feds
To anyone who has used the platform, it is pretty obvious that things are not quite right and that it is probably not a good idea to store your cryptocurrency holdings there. But now there is solid proof that Coinbase really is just a government-run honeypot operation that quietly sells its users’ data and information […]
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. […]
05/23/2022
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By JD Heyes
MiamiCoin crypto tanks big time after Miami mayor backs it to the hilt
While the stock market continues to tank under the regime of Joe Biden, other more modern forms of currency aren’t doing very well, either, proving once again that the global power elite really do ‘control’ things. In early February, the city of Miami, for the first time, cashed out its own cryptocurrency, MiamiCoin, adding roughly […]
05/13/2022
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By Ethan Huff
CoinDesk outs Terra stablecoin founder as the same person behind failed “Basis Cash” experiment that crashed and burned
Terra creator Do Kwon is apparently a longtime scam artist who also put together the failed algorithmic stablecoin “Basis Cash” (BAC), which was launched through Ethereum in 2020. Just like the now-failed Terra coin, BAC “sought to maintain a $1 peg through code, not collateral,” according to CoinDesk. BAC ultimately failed, never reaching dollar parity […]
05/13/2022
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By Ethan Huff
As crypto bubble bursts, Wall Street appears to be following suit
Just about every cryptocurrency and digital “asset” is taking a nosedive following the collapse of Terra and Luna, a “stablecoin” duo that were supposed to be pegged to the U.S. dollar. Ethereum lost 20 percent of its value in just 24 hours while Bitcoin, the original crypto, plunged by 11.24 percent. Luna, meanwhile, lost a whopping […]
01/24/2022
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By Ramon Tomey
Russia plans to ban crypto mining and trading – regulator report
Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. 20, via […]
01/23/2022
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By JD Heyes
More cryptocurrency fraud? Bitcoin slides as shares of MicroStrategy slip and SEC rejects company’s accounting methods
Several cryptocurrency analysts once again suspected fraud in the industry after shares of MicroStrategy fell nearly 18 percent on Friday following a decision by the U.S. Securities and Exchange Commission to reject the firm’s bitcoin accounting methods. The business intelligence software firm’s stock was already declining in value along with the price of bitcoin, which […]
06/27/2021
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By Franz Walker
South African brothers disappear with $3.6 billion worth of stolen bitcoin
A pair of South African brothers have vanished, taking with them $3.6 billion worth of bitcoin from the cryptocurrency investment platform they put up. A Cape Town law firm hired by investigators says it is unable to find Ameer and Raees Cajee, founders of Africrypt, the country’s largest cryptocurrency exchange. The firm has since reported […]
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