Tag Archives: Bitcoin News

The FTX collapse is going to go down as one of the biggest flops to ever occur in crypto. The event has caused several politicians to enter the regulatory call factory, one of which is Joe Biden. Joe Biden Wants the Crypto Space Regulated Thinking he can somehow make a difference, Biden recently voiced support for newfound digital currency regulation to ensure that what happened with FTX never happens again. Biden initially sought to get the ball rolling on such a...

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Two men in the eastern European nation of Estonia have been arrested after they defrauded crypto investors of more than $575 million in digital funds. Two Men in Estonia Charged with Crypto Crimes The arrests were issued by federal agents based in the United States. Both Sergei Potapenko and Ivan Turogin – each is 37 years of age – have been charged with crimes like wire fraud and conspiracy to commit money laundering. It is also believed that there were four other...

Nobel Prize-winning economist Paul Krugman is confident bitcoin and Ethereum, the world’s two biggest digital currencies by market cap, aren’t going to last much longer and are headed for points of no return. Paul Krugman Thinks BTC Is Done A lot has happened in the crypto arena in just the last few months. For one thing, the fall of crypto exchange FTX has sent ripples throughout the space that have seemingly caused a lot of other exchanges and blockchain-based...

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Grayscale – one of the largest bitcoin trusts in the world – says it’s not going to be sharing its proof of reserves with customers, causing a lot of heads to turn, eyebrows to hike, and fear to surge. Why Won’t Grayscale Spill the Beans? The concern amongst digital currency enthusiasts and analysts is that Grayscale is somehow not too far off the mark from where FTX stood. FTX is a failed digital currency exchange that was at one time considered the golden player of the...

Nikolai Mushegian – a young crypto pioneer – was recently found dead on a beach in Puerto Rico after claiming on social media that intelligence agencies were trying to kill him. Nikolai Mushegian Dead in Puerto Rico Leaving his $6 million condo on the morning of October 28, Mushegian was found by a surfer only hours later. His body was discovered in the waves, and he still had his wallet on him. He had said just hours earlier that the CIA and several other agencies...

Two new cases of crypto fraud are in the books. Crypto Fraud Is Getting Too Big The first involved two bad actors. One is Randall V. Rule, age 71, of Reno, Nevada. His partner in crime was Gregory C. Nysewander, age 64, of Irmo, South Carolina. Both have been charged with money laundering conspiracy, money laundering, and conspiracy to violate the Bank Secrecy Act. The pair sought to hide illicitly garnered funds through crypto portals. The U.S. attorney’s office said in...

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