Crypto Currency

Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part…

Published 5 years ago in
Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part of a settlement over illegal stock and cryptocurrency sales, the agency announced Monday. The agreement includes a condition preventing Wengui’s companies from selling future digital currencies.Lawyers for Wengui didn’t respond to an immediate request for comment.Read more at The Daily Beast.
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Crypto Currency

RBI Urges India to Restrict Crypto Banking Access in New Digital Asset Policy

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…

Published 9 hours ago in
RBI Urges India to Restrict Crypto Banking Access in New Digital Asset Policy

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…
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Crypto Currency

Belgian police arrest suspected phishing gang leader tied to $572K theft

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…

Published 9 hours ago in
Belgian police arrest suspected phishing gang leader tied to $572K theft

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…
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Crypto Currency

Conflicts of interest? Trump only has one interest: himself | Robert Reich

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other

Published 9 hours ago in
Conflicts of interest? Trump only has one interest: himself | Robert Reich

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other parts of his vast holdings…
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Crypto Currency

Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…

Published 10 hours ago in
Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…
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Continue Reading