Comment on this story Comment Only when the tide goes out do you discover who’s been swimming naked, as Warren Buffett famously said. After more…
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Category: Ponzi Scheme
Crypto regulation bleg – Econlib
The standard textbook approach to regulation is that free markets are generally best except for cases of “market failure”. Frequently cited examples of market failure…
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Tom Brady is getting flamed for his FTX commercial amid crypto company scandal
Tampa Bay Buccaneers quarterback Tom Brady is being mocked for investing big in FTX, a cryptocurrency company that is now being accused of financial crimes. …
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New York Mets to make deferred payments to Edwin Diaz until 2042
Edwin Diaz will get money from the Mets through 2042Image: Getty Images A few days ago, the New York Mets officially re-signed closer Edwin Díaz…
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FTX Crash ‘Worse Than Theranos, Worse Than Madoff’: Former SEC Official
The fall of cryptocurrency exchange FTX has drawn numerous comparisons to the collapse of Lehman Brothers. But a former Securities and Exchange Commission official likened…
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Crypto.com Preliminary Audit Shows 20% of Its Assets Are In Shiba Inu Coin
An anonymous reader quotes a report from CoinDesk: The swift collapse of the FTX crypto exchange has sparked an industry push among big rivals to…
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Ripple CTO Says FTX Differs from Madoff’s Ponzi, But There’s a Catch
Yuri Molchan Ripple’s David Schwartz says that while many are comparing Sam Bankman-Fried to Madoff, there are “huge apparent differences” Chief technology officer of Ripple…
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The Crypto Meltdown Could Have Been So Much Worse
The cryptocurrency world is melting down, much as the subprime market did in 2007. Back then, scarcely understood financial products in high demand pitched the…
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FTX will soon be out as the naming sponsor of the Miami Heat arena
Getty Images The Miami Heat have told FTX to GTFO. Via Brian Windhorst of ESPN.com, the bankrupt (as of Friday) crypto firm…
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3 key crypto price events to watch in the wake of the FTX and Alameda debacle
Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical…
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