Article by Steven Stradbrooke
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2 August, 2022
SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’
U.S. securities regulators have charged 11 individuals for creating and promoting the “fraudulent crypto pyramid and Ponzi scheme” that is...
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29 July, 2022
Meta’s profit slides due to big bet on proprietary metaverse
Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
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27 July, 2022
Helium users fret as revenue fails to keep pace with network growth
Helium set out to revolutionize ‘decentralized wireless’ networks but the users supporting this network are discovering that the later they...
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25 July, 2022
Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt
Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018,...
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22 July, 2022
SEC labels 9 tokens as securities in Coinbase insider trading scandal
Ishan Wahi, his brother Nikhil and friend Sameer Ramani are accused of violating securities laws’ antifraud provisions to earn over...
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22 July, 2022
Sell the dip: Tesla unloads 75% of its BTC, Musk dismisses ‘crypto’ as ‘sideshow’
Tesla's latest financial report card indicated that the company had converted around 75% of its BTC purchases into fiat by...
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