marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
bitraped
11/18/2022
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By Cassie B.
US to extradite embattled FTX ex-CEO Sam Bankman-Fried from Bahamas
The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for questioning. Bankman-Fried […]
11/17/2022
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By Ethan Huff
Mike Adams exposed the FTX / Alameda-style crypto collapse FOUR YEARS AGO in this hilarious “Sh#tcoin and Buttcoin” animation
Nearly five years ago, Mike Adams, the Health Ranger, released a video mocking Bitcoin and what he called “crypto-lunacy.” In light of the recent events surrounding the collapse of FTX, that video – watch below – is more relevant than ever. Adams released the video as part of a Counterthink.com animation series warning people about […]
05/23/2022
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By JD Heyes
MiamiCoin crypto tanks big time after Miami mayor backs it to the hilt
While the stock market continues to tank under the regime of Joe Biden, other more modern forms of currency aren’t doing very well, either, proving once again that the global power elite really do ‘control’ things. In early February, the city of Miami, for the first time, cashed out its own cryptocurrency, MiamiCoin, adding roughly […]
05/13/2022
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By Ethan Huff
CoinDesk outs Terra stablecoin founder as the same person behind failed “Basis Cash” experiment that crashed and burned
Terra creator Do Kwon is apparently a longtime scam artist who also put together the failed algorithmic stablecoin “Basis Cash” (BAC), which was launched through Ethereum in 2020. Just like the now-failed Terra coin, BAC “sought to maintain a $1 peg through code, not collateral,” according to CoinDesk. BAC ultimately failed, never reaching dollar parity […]
05/13/2022
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By Ethan Huff
As crypto bubble bursts, Wall Street appears to be following suit
Just about every cryptocurrency and digital “asset” is taking a nosedive following the collapse of Terra and Luna, a “stablecoin” duo that were supposed to be pegged to the U.S. dollar. Ethereum lost 20 percent of its value in just 24 hours while Bitcoin, the original crypto, plunged by 11.24 percent. Luna, meanwhile, lost a whopping […]
01/24/2022
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By Ramon Tomey
Russia plans to ban crypto mining and trading – regulator report
Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. 20, via […]
01/23/2022
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By JD Heyes
More cryptocurrency fraud? Bitcoin slides as shares of MicroStrategy slip and SEC rejects company’s accounting methods
Several cryptocurrency analysts once again suspected fraud in the industry after shares of MicroStrategy fell nearly 18 percent on Friday following a decision by the U.S. Securities and Exchange Commission to reject the firm’s bitcoin accounting methods. The business intelligence software firm’s stock was already declining in value along with the price of bitcoin, which […]
05/17/2021
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By Franz Walker
Spike in value of meme crypto dogecoin raises bubble fears
The sudden surge in the value of “meme” cryptocurrency dogecoin has raised concerns about a potential bubble in the cryptocurrency market. Starting out as a joke by software engineers Billy Markus and Jackson Palmer, dogecoin was based on the “doge” meme that rose to popularity in 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases […]
05/17/2021
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By Ramon Tomey
Cryptocurrency scam hits hundreds of small investors
Hundreds of cryptocurrency investors lost all their money in their digital wallets after a cryptocurrency scam. The victims invested in a new cryptocurrency, allowing them to purchase pre-sale tokens through fund transfers. Unfortunately, the fund transfer approvals permitted bad actors to access the victims’ digital wallets – and steal all their money. The affected investors […]
12/10/2019
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By Mike Adams
CRYPTO WARNING: FBI arrests three men accused of running a $722 million cryptocurrency fraud scheme that allegedly defrauded thousands of “investors”
For several years, I’ve repeatedly warned people to steer clear of crypto schemes. The crypto space seems to attract some of the most unscrupulous promoters, and people who are looking for quick gains often get suckered into costly arrangements that may not be legit. Now, an FBI investigation has led to the DOJ arrest and […]
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