Author name: Peter

Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities

Genesis Global Holdco, a subsidiary of Digital Currency Group, has reached a $21 million settlement with the Securities and Exchange Commission (SEC) to resolve a lawsuit regarding its crypto lending practices. This settlement comes as Genesis aims to put an end to the legal challenges it has faced following its bankruptcy filing in the wake […]

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The Turbulence in the Commercial Real Estate Market Sends Shockwaves Through Banking Sector

U.S. Central Bank Decision Sparks Concerns Following the U.S. central bank's recent decision to keep the federal funds rate unchanged, the commercial real estate market is experiencing turbulence that is affecting both the country's banking sector and international markets. The repercussions of this decision can be seen in the plunging share prices of New York

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Bitget Global Survey Reveals Bitcoin Price Predictions and Investor Sentiment

Insights from Bitget's International Survey A recent international survey conducted by Bitget has shed light on the perspective of the crypto market. The survey gathered insights from nearly 10,000 individuals across different regions, including West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. The findings provide valuable information about bitcoin price predictions

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UK Police Seize 61,000 Bitcoins From Massive Chinese Investment Fraud

Introduction The U.K. Metropolitan Police have made a significant breakthrough in the fight against cryptocurrency fraud. They have seized more than 61,000 bitcoins, worth over $2.6 billion, from a massive investment fraud conducted by a Chinese fugitive. The seizure marks one of the largest cryptocurrency confiscations globally and highlights the growing concern around fraudulent activities

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Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March

Peter Schiff: Fed Rate Cut in March Still Possible Renowned economist Peter Schiff believes that despite Federal Reserve Chairman Jerome Powell's recent statement ruling out a rate cut in March, there is still a high chance that the Fed will proceed with the cut. Schiff argues that Powell's decision to remove the possibility of a

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The U.S. Federal Reserve Keeps Rates Unchanged, Bitcoin Remains Steady

Introduction On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve made the decision to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) expressed that it does not anticipate reducing the target range until it has gained more confidence in inflation reaching the 2% mark. While benchmark equity indices experienced declines, the

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Gold Roth IRA | Gold Roth IRA Rollover | Gold Investing In IRA’s | IRA Transfer

Self-DirectedGold IRAs are fantastic because they allow you to put money into precious metals without having to engage any middlemen. These accounts are so simple that your grandma could do it! If you purchase physical silver, gold palladium, platinum, the rhodium coins, bars rounds and bullion, you get instant liquidity. If you’re looking to diversify

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SEC Drops Fraud Case Against Crypto Company Debt Box Due to Inaccuracies in Court

The U.S. Securities and Exchange Commission (SEC) has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This surprising move comes after the SEC admitted to presenting misleading information in court, which undermines the agency's case and credibility. SEC Acknowledges Inaccuracies in Court The SEC had

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Robert Kiyosaki: Bitcoin Safeguards Against Theft by the Fed, Government, and Wall Street Bankers

Introduction Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, has revealed why he is a bitcoin owner. According to Kiyosaki, bitcoin offers protection against the "theft of our wealth via our money." He has raised concerns about the Federal Reserve, government, and Wall Street bankers, accusing them of stealing wealth through

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Game Theory of Financial Crime: Policy Takeaways from Bitcoin

Shifts in Illicit Actors' Use of Cryptocurrency Significant shifts are occurring in the world of illicit actors using cryptocurrency, with Bitcoin no longer being their asset of choice. According to a 2023 report by TRM Labs, the distribution of illicit crypto volume has been greatly impacted by the multi-chain era. Bitcoin's share has plummeted from

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