The cryptocurrency sector has rebounded this year as its market capitalization returned above $1 trillion. Bitcoin prices have rallied more than 30 percent, Ethereum has risen 29 percent, and even Dogecoin has surged close to 20 percent. But, according to U.S. lawmakers and regulators, the damage has been done to consumers and investors during last…
Regulatory Framework for Cryptocurrency Sector Explored at Senate Banking Committee Hearing
Central Bank Digital Currency Tyranny Is Coming–How to Prepare
Commentary We’ve all heard stories about people who survived the Great Depression by hiding cash under their mattresses or burying it in their yards because they’d lost trust in banks. Imagine taking it a step further and taking money from the flawed banking system and putting it into the untrustworthy hands of the government. That’s…
Kraken Settles With SEC for $30 Million and Will Close US Crypto Staking Operations
February 10, 2023
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Business & MarketsCompaniescrypto exchangecryptocurrencyeconomic policieseconomyInvestmentJudiciaryKrakenMarketspersonal financePolicies & ImpactsSECUS
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The Securities and Exchange Commission (SEC) settled a case with the cryptocurrency exchange Kraken, as it cracked down on one of its U.S. operations. Kraken agreed to shut down its cryptocurrency staking service and paid a $30 million fine to settle charges that it failed to register the offer or sale of the program, the SEC…
SEC Warns Against Including Crypto Assets in Retirement Accounts
February 9, 2023
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Business & Marketscrypto assetscrypto exchangecrypto regulationscryptocurrencyeconomic policieseconomyMarketsretirement fundsSEC alertUSUS News
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The U.S. Securities and Exchange Commission (SEC) has warned Americans over the risk of including assets like cryptocurrencies in their self-directed individual retirement accounts (IRAs) as well as unregulated trading platforms posing as exchanges. Some self-directed IRAs offer investment in crypto assets like tokens, coins, and virtual currencies. Such assets “may be securities that are…
FTX Gets Court Approval to Subpoena Founder Bankman-Fried, Other Insiders
Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company’s investigation into “misappropriated and stolen” funds. FTX, a once-prominent crypto exchange, filed for bankruptcy protection in November amid allegations that Bankman-Fried used FTX customers’ money to prop up…
Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
February 7, 2023
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African American historybitcoinChina's PopulationChinese spy ballooncritical race theoryCRTcryptocurrencyDigital PasswordEpochTVFTXLive Videosone-child policySam Bankman-Friedsocial credit systemThe Larry Elder ShowVideo
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China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
PREMIERING 3 PM ET: Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
February 7, 2023
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African American historybitcoinChina's PopulationChinese spy ballooncritical race theoryCRTcryptocurrencyDigital PasswordEpochTVFTXLive Videosone-child policySam Bankman-Friedsocial credit systemThe Larry Elder ShowVideo
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China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
Celebrities Including Madonna, Tom Brady Mired in Lawsuits for Pushing Crypto, NFTs
Celebrity superstars who leveraged their fame to endorse digital assets like cryptocurrencies and nonfungible tokens (NFTs) face a series of civil lawsuits by investors who lost fortunes when the sizzling bull run for all things crypto iced over and those assets plunged in price. From movie stars to celebrity athletes, many have found themselves named…
My Big Coin Cryptocurrency Firm Founder Gets 8 Years in Prison for Fraud
BOSTON—The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual currency called My Big Coin with lies and half-truths. Federal prosecutors had urged U.S. District Judge Denise Casper in Boston to impose a…
Judge Bars Sam Bankman-Fried From Contacting FTX Employees
February 2, 2023
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Business & MarketsCompaniescryptocurrencyFTXJudiciaryMarketsMedia & Big TechSam Bankman-FriedUSUS News
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A New York judge on Feb. 1 granted a request from the Department of Justice to block Sam Bankman-Fried from attempting to contact both current and former employees of the failed cryptocurrency exchange FTX. U.S. District Court Judge Lewis Kaplan also ruled that the block applies to current and former employees of FTX’s sister hedge fund,…
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