Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades
Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchanges. The billionaire’s comments followed the collapse of crypto exchange FTX which wiped out billions of dollars of customer funds. Mark Cuban on the Next Crypto Implosion Shark Tank star and the owner of the NBA team Dallas Mavericks,...
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment
Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature inherent to crypto. He does not expect the FTX contagion to spread far beyond the crypto space. Alan Greenspan on Crypto, FTX, and US Economy Former Federal Reserve Chairman Alan...
Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now
The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors to “get out” of crypto now. Jim Cramer’s Latest Crypto Warnings The host of CNBC’s Mad Money show, Jim Cramer, is back with more warnings for crypto investors. Cramer is a former hedge fund manager who...
IPTV Seller Exasperates Judge, Digs Himself a $1m Hole, Keeps on Digging
In March 2021, DISH Network filed a copyright infringement lawsuit against pirate IPTV provider ChitramTV, demanding $31 million in damages. The DISH lawsuit targeted the entire service, but attention quickly focused on Dinesh Vigneswaran of ChitramTV Canada, who allegedly sold subscriptions via Chitram.ca. DISH said that during a telephone call with one of its investigators, Vigneswaran confirmed his involvement with ChitramTV when...
Twitter Data Leak: What the Exposure of 200 Million User Emails Means for You
The exposure of hundreds of millions of email addresses puts pseudonymous users of the social network at risk. Powered by WPeMatico
