Ex-CFO that stole $5M to trade crypto and ‘meme stocks’ gets 3 years prison
Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and "meme stocks."...
Month: April 2023
CFTC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary...
California county approves blockchain-based digital wallet for gov’t services
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is...
UK Treasury seeks input on taxing DeFi staking and lending
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers. The...
AI tool created by JPMorgan analyzes Fed speeches to signal trades
The investment bank uses OpenAI's ChatGPT to sniff out trading signals from Federal Reserve policy statements. Investment banking giant JPMorgan...
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary...
Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III
Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The...
Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing
Rich Dad Poor Dad author Robert Kiyosaki has warned of economic chaos, a war breaking out, hyperinflation, and rising starvation....
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the...
Former FTX exec Ryan Salame’s home searched by FBI: Report
It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who...
SEC’s Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory...
Coinbase execs respond to SEC’s Wells notice in person and on video
Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on...
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent. Our weekly...
‘The war room was despondent’ — Scaramucci recounts FTX collapse at Consensus
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse. On April 27, Skybridge...
Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new “Robinhood Connect” service and numerous updates to its app. The launch of...
