Genesis said it will take additional weeks to carve out a recovery path for its lending business.
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Category: Letter
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FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials.
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Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the company demanding a cease and desist against Voyager’s FDIC claims. The FDIC’s letter explains that Voyager’s FDIC claims are false and misleading, and the entity […]Powered by WPeMatico
The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman Maxine Waters and cohorts took aim this week not only […]
The post The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization appeared first on Bitcoin News.
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Ross Ulbricht Joins Twitter
Silk Road founder Ross Ulbricht, serving life in prison without parole, has joined Twitter. While denied direct internet access from behind bars, he is now able to communicate with the Twittersphere, in a fashion, with the aid of hand-written notes posted to a Twitter account in his name. It is hoped the account will keep […]
The post Ross Ulbricht Joins Twitter appeared first on Bitcoin News.
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Scam Round-Up: Asian Investment Schemes and Snail Mail Extortion
Unfortunately, as with any industry, scams of all shapes and sizes persist within the cryptocurrency sector. This past week has seen a Filipino couple arrested after amassing over $17 million USD through a bitcoin investment scam, and protests held outside the office of a Vietnamese company that swindled $660 through two multi-level marketing (MLM) initial […]
The post Scam Round-Up: Asian Investment Schemes and Snail Mail Extortion appeared first on Bitcoin News.
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