By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively …
Crypto
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US and World News
Kim Kardashian, other celebrities beat EMax crypto investors’ lawsuit
by Reutersby ReutersBy Jody Godoy (Reuters) – A federal judge in California on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather Jr. and others over their …
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Business News
Crypto lender Genesis tells clients it is working to preserve their assets
by Reutersby ReutersLONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take …
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By Tom Hals and Dietrich Knauth WILMINGTON, Del. (Reuters) – A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens …
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Conservative TimesOpinion - EditorialPoliticsTop HeadlinesTrending News
Here’s Why Disgraced Crypto Mogul Sam Bankman-Fried Hasn’t Been Arrested
Here’s Why Disgraced Crypto Mogul Sam Bankman-Fried Hasn’t Been Arrested Trevor Schakohl on December 6, 2022 Authorities are likely to conduct a lengthy investigation into former FTX CEO Sam Bankman-Fried …
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WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct.” The Federal Trade …
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By Elizabeth Howcroft LONDON (Reuters) – UK-based crypto lender Nexo said on Monday it would phase out its U.S. products and services over the coming months due to clashes with …
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Department of Justice Press Releases
Suburban man indicted for complex fraud and crypto money laundering scheme
by DOJ Pressby DOJ PressHOUSTON – A 36-year-old Sugar Land resident has been taken into custody on charges he fraudulently obtained and laundered more than $500,000, announced U.S. Attorney Jennifer B. Lowery. Xiaofei Chen …
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Conservative TimesPoliticsTop HeadlinesTrending NewsUS and World News
CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor
CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor John Hugh DeMastri on November 30, 2022 CNBC anchor and financial journalist Andrew Ross Sorkin opened a …
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Conservative TimesPoliticsTop HeadlinesTrending NewsUS and World News
‘Good Liberals Can Always Be Forgiven’: Tucker Slams The New York Times For Hosting Disgraced Crypto CEO
‘Good Liberals Can Always Be Forgiven’: Tucker Slams The New York Times For Hosting Disgraced Crypto CEO Harold Hutchison on November 30, 2022 Fox News host Tucker Carlson slammed the …
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Conservative TimesPoliticsTop HeadlinesTrending NewsUS and World News
‘I Got A Little Cocky’: Disgraced Crypto CEO Admits He ‘Wasn’t Even Trying’ To Manage Risk
‘I Got A Little Cocky’: Disgraced Crypto CEO Admits He ‘Wasn’t Even Trying’ To Manage Risk John Hugh DeMastri on December 1, 2022 Sam Bankman-Fried, the former CEO of cryptocurrency …
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Conservative TimesPoliticsTop HeadlinesTrending NewsUS and World News
Former Business Partner Alleges Crypto Executive Offered Them Hush Money For Alameda, FTX Counterfeit Scheme
Former Business Partner Alleges Crypto Executive Offered Them Hush Money For Alameda, FTX Counterfeit Scheme John Hugh DeMastri on December 1, 2022 An apparent former business partner of the now-bankrupt …
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Business News
REUTERS NEXT: After FTX collapse, pressure builds for tougher crypto rules
by Reutersby Reuters(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest …
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Business News
REUTERS NEXT: Crypto entrepreneur Sun looking at FTX ventures’ portfolio companies
by Reutersby ReutersLONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto exchange has entered Chapter 11 bankruptcy proceedings the process could …
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By Mike Dolan LONDON – A look at the day ahead in U.S. and global markets from Mike Dolan. Although Beijing’s moves to defuse tensions over its COVID-19 management stabilised …
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US and World News
Factbox-From BlockFi to Genesis, crypto firms reel from exposure to FTX
by Reutersby Reuters(Reuters) – After the collapse of major cryptocurrency exchange FTX, the industry is bracing for further pain because of the exposure of many companies to FTX and its affiliated trading …
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By Huw Jones LONDON (Reuters) – The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus for …
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Conservative TimesPolitics
Disgraced Crypto Ex-CEO Was Plotting To Spend Nearly $1 Billion Boosting Dems, Reshaping American Politics: REPORT
Disgraced Crypto Ex-CEO Was Plotting To Spend Nearly $1 Billion Boosting Dems, Reshaping American Politics: REPORT John Hugh DeMastri on November 23, 2022 Sam Bankman-Fried, former CEO of now-bankrupt crypto …
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Business News
Crypto lender Genesis hires restructuring adviser – New York Times
by Reutersby Reuters(Reuters) – Troubled cryptocurrency lender Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York Times reported on Tuesday citing …
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A look at the day ahead in U.S. and global markets from Mike Dolan. Turbulence in oil, China’s COVID crunch and unravelling cryptocurrencies make for uncomfortable reading for investors starting …
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Business News
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
by Reutersby ReutersBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled …
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Business News
FTX shows need to regulate crypto before it gets big, says Bank of England
by Reutersby ReutersLONDON (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on …
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Business News
Warren Buffett’s Berkshire warns about crypto website using its name
by Reutersby Reuters(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name. The …
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Conservative TimesPolitics
Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently
Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently John Hugh DeMastri on November 18, 2022 Doug Leone, billionaire venture capitalist at …
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Business News
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
by Reutersby ReutersBy Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, …