December 14, 2022

Understanding the IcomTech and Weltsys Crypto Ponzi Scheme

• The DOJ accuses the founders of IcomTech and Weltsys of presenting a life of luxury to potential investors in order to lure them into investing in their crypto Ponzi...
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Unlock Rewards with Magic Eden’s New Rewards Program

•Magic Eden is launching a rewards model for Solana NFT traders that includes perks, discounts, and potential free NFTs. • The marketplace will introduce a “dynamic maker/taker” platform fee model...
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White House Will Not Divulge Details of Sam Bankman-Fried Donations

Jean-Pierre claims she is bound from commenting on the matter by a Depression-era law, the Hatch Act of 1939. •White House Press Secretary Karine Jean-Pierre has refused to answer questions...
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Kevin O’Leary’s Allegations Against Binance and its Impact on the Crypto Market

O’Leary states Binance CEO was heartless in his intent •Kevin O’Leary, Canadian entrepreneur and star of “Shark Tank”, today slammed crypto exchange Binance — and claimed it caused the collapse of FTX...
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Closing Digital Asset Loopholes: Proposed Legislation from Warren and Marshall

•Elizabeth Warren and Roger Marshall introduce legislation to close digital asset loopholes that pose national security risks. • The bill would direct the Financial Crimes Enforcement Network (FinCEN) to designate...
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Australia’s To Implement New Crypto Regulations to Modernize Financial Market

Australia will introduce a new framework for regulating crypto firms next year as part of wider plans to modernize the country’s financial system. • A consultation paper will be released...
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What CZ’s Memo About “A Bumpy Ride Means” for Binance’s Future

•Binance CEO Changpeng “CZ” Zhao has told employees in an internal memo that he expects the “next several months to be bumpy.” • In the message, seen by Bloomberg, the...
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Bail Denied for Sam Bankman-Fried: What it Could Mean for Him

•Sam Bankman-Fried, ex-CEO of FTX, has been denied bail in the Bahamas and will fight extradition to the US • He is facing federal criminal charges including conspiracy to commit...
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