FTX Cofounder Who Was Allegedly In Groupchat Called “Wirefraud” Pleads Guilty To Wire Fraud
The rise of cryptocurrency has brought new players to the financial world, some of whom have engaged in fraudulent...
Tag: Crypto downfall
This U.S Senator Is Pushing To Identify Bitcoin As Legal Tender
Bitcoin's price has dropped by almost 60% since its all-time high last year. But, still many people still believe in...
FTX Founder Sam Bankman-Fried Has Been Released On $250 Million Bail
The disgraced former cryptocurrency executive Sam Bankman-Fried was granted release from federal custody on Thursday...
‘Elon Goat’ Coin Crashes After Elon Musk Doesn’t Acknowledge The $600k Monument Made In His Honor
An Elon Musk monument was created by the cryptocurrency startup EGT (which stands for Elon GOAT Token). The statue...
This 30-Year-Old Crypto Enthusiast Says He’s Spending $1 Billion To Bail Out The Crypto Industry
Crypto is in trouble, and Sam Bankman-Fried is willing to stake a billion dollars believing he can actually fix...
Man Raises $11 Million To Find His Lost Hard Drive In A Dumpster – Because It Has Nearly $200 Million In Lost BTC
Former IT worker James Howells was previously at the edge of the cryptocurrency boom and could have become a...
Tesla Has Dumped 75% Of Its Bitcoin Holdings A Year After Touting ‘Long-Term Potential’
Elon Musk does not appear to be holding Tesla's bitcoin amid a crypto winter. The company's Q2 financial report...
Bitcoin Just Had The Worst Month In Crypto’s History – Here Is Why
Bitcoin had just finished its worst month on record, dropping more than 38% of its value in June. Ether fell...
Bankrupt Investor Tries To Enter Crypto Founder’s House, Gets Arrested
A guy who claims to have lost about $2.4 million due to the cryptocurrency Luna's fall has been questioned by South...
This Cryptocurrency Was Worth $120 Last Month – Now It’s Worth Almost Nothing
Stablecoins are sending shockwaves across the cryptocurrency markets, wiping out billions of dollars in value and...
A Controversial Bitcoin Experiment Is Crumbling – And It Has Bitcoin Investors Worried
According to CoinMarketCap data, TerraUSD stablecoin (UST), the third-largest stablecoin by market cap, fell to an...
Crypto Has Parallels With The Disastrous Mortgage Crisis, Says Nobel Prize-Winning Economist
In an editorial post published in the New York Times, longtime crypto sceptic and Nobel Prize-winning economist Paul...
Crypto Exchange Goes Dark In Turkey, Four Officials Arrested
Turkey is not proving a stable ground for cryptocurrencies, as another crypto exchange named Vebitcoin went down,...
