marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
crypto cult
09/22/2023
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By Arsenio Toledo
Sam Bankman-Fried’s father complained about being paid only $200K a year when he expected an annual salary of $1M from FTX
Joseph Bankman, the father of disgraced cryptocurrency mogul and former billionaire Sam Bankman-Fried, allegedly complained to his son about him only having a salary of $200,000 a year, a fraction of the $1 million he was expecting. This is according to a lawsuit filed by FTX, the cryptocurrency exchange founded by Bankman-Fried, against his parents. This […]
09/14/2023
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By Belle Carter
FTX legacy? JPMorgan explores blockchain-based deposit token as new payment vehicle… backed by the bank itself
JPMorgan Chase & Co. is exploring a blockchain-based digital deposit token so that it can hasten cross-border payments, a move that pushes the institutional adoption of blockchain technology. According to a person familiar with the work who asked not to be identified, America’s largest bank by assets has already developed the majority of the underlying […]
08/28/2023
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By Belle Carter
Former colleague’s inside story: Disgraced Sam Bankman-Fried intended to build vaccine factory in the Bahamas
A former engineer at crypto trading firm Alameda Research, which was co-founded by the fallen entrepreneur Sam Bankman-Fried, disclosed the former billionaire’s massively “ambitious” vision and larger-than-life aspirations for the future. “He didn’t just want to build a company. He wanted to build a machine, a growing sphere of influence that could break past the […]
08/15/2023
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By Arsenio Toledo
Sam Bankman-Fried indicted AGAIN for allegedly using $100M in stolen customer funds for political donations
A new indictment filed by federal prosecutors against cryptocurrency exchange FTX co-founder Sam Bankman-Fried alleged that he used more than $100 million in stolen customer funds to make political campaign contributions right before the 2022 United States midterm elections. The 31-year-old former billionaire was charged with seven counts of conspiracy and fraud after the collapse of […]
07/26/2023
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By Arsenio Toledo
James Grundvig of AMP News calls FedCoin garbage, says the Fed’s CBDC is nowhere near ready
The central bank digital currency (CBDC) being developed by the Federal Reserve, known alternatively either as the FedCoin or the digital dollar, is unlikely to be ready until next year at the earliest. This is according to recent reports regarding the status of the Fed’s development of a CBDC. (Related: Only 16% of Americans would support […]
07/26/2023
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By News Editors
“Worldcoin” is here: Just get your eyes scanned by “The Orb” and your new “World ID” will be issued to you
Have you had your eyes scanned by “The Orb” yet? All it takes is just one trip, and once your biometric data is in the database you will receive some free money and a new “digital identity” that you will be able to use all over the Internet. Doesn’t that sound grand? As you will […]
06/29/2023
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By Cassie B.
HSBC brings cryptocurrency trading services to its online investment platform in Hong Kong
Hong Kong’s biggest bank, HSBC, is now offering its customers local cryptocurrency trading services, making it the first bank in Hong Kong to offer clients this functionality through its online platform. Crypto investment products have been listed on the Hong Kong Stock Exchange since December and the bank allows its customers to trade all publicly […]
06/27/2023
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By Cassie B.
JPMorgan launches euro-denominated digital payments for its JPM Coin
JPMorgan recently introduced euro-denominated payments for its corporate clients with its JPM Coin blockchain payment system. The system went live with its euro transactions last week, and the first payment in euros on its platform was carried out by the German company Siemens. JPM Coin was originally launched in 2019 for dollar payments with the […]
06/26/2023
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By Arsenio Toledo
IMF working to create a global CBDC platform that will let the globalists CONTROL your money wherever you are
The International Monetary Fund (IMF) is working on creating a global platform for central bank digital currencies (CBDCs), supposedly to better enable CBDC-based transactions between countries. This is according to IMF Managing Director Kristalina Georgieva, who claimed that such a platform would create the global infrastructure necessary to ensure the interoperability of settlement between digital […]
06/22/2023
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By Arsenio Toledo
Only 16% of Americans would support adoption of CBDC, survey finds
A survey has found that a vast majority of Americans do not support the widespread adoption of a central bank digital currency (CBDC) in the United States. This was according to a survey conducted by the libertarian think tank the Cato Institute in collaboration with market research and polling company YouGov, known as the “Cato Institute […]
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