CBDCs Gain Momentum: 130 Countries Now On The Runway
As digital currencies such as CBDCs begin to take a more pivotal role in the global economy, recent studies indicate an increase in their adoption rate among the world’s economies. Currently, 130 countries, which make up 98% of the global…
Tragic Death of JPMorgan Board Member Adds to the Bank’s String of Unusual Deaths
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” HNewsWire: By Pam Martens and Russ Martens: June 29, 2023 ~ James S. Crown On Sunday, James S. Crown died…
Money Lost To Crypto Ponzi Schemes In 2022 Surpasses Hacks And Exploits
According to a new report by TRM, more money was lost to cryptocurrency Ponzi schemes and scams throughout 2022 than to hacks and exploits. In the past year, crypto investors were scammed through various Ponzi schemes to the tune of…
The Most Recent Accounting of the Financial Damages Incurred During What May Be One of the Largest Ever Frauds Is That the Defunct Crypto Exchange FTX Owes Customers $8.7 Billion, According to the Company’s Current Management
Many people and businesses have lost significant sums of money as a result of the FTX cryptocurrency exchange’s collapse. On Friday, Sam Bankman-Fried’s cryptocurrency exchange, FTX, filed for bankruptcy. Once making Bankman-Fried a multibillionaire and prominent Democratic donor, the company’s…
Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the…
Renowned Bitcoin Hater Peter Schiff Has Once Again Cast Doubt on the Cryptocurrency’s Long-Term Sustainability
Renowned Bitcoin hater Peter Schiff has once again cast doubt on the cryptocurrency’s long-term sustainability. Schiff recently expressed skepticism regarding the recent Bitcoin rally that saw its market capitalization earlier reach an impressive $31,000. According to Schiff, the current surge…
Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees from the $290 Million JPMorgan Settlement; Victims Could Get Nothing after Releasing their Claims
By Pam Martens and Russ Martens: June 26, 2023 ~ U.S. District Court Judge, Jed Rakoff, of the Southern District of New York, Is Hearing the Jeffrey Epstein Related Cases Against JPMorgan Chase There are three shocking takeaways from the class…
JPMorgan Bank Deploys JPM Coin For Euro-Denominated Payments
German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin… The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects into traditional banking. JPMorgan has deployed its blockchain-based…
72 Hours Before JPMorgan Offered $290 Million to Make Epstein Claims Go Away, a Lawyer Disclosed that the Bank Had Withheld 1500 Documents
By Pam Martens and Russ Martens: June 26, 2023 ~ Sigrid McCawley, Managing Partner, Boies Schiller Flexner Sigrid McCawley is a Managing Partner at law firm, Boies Schiller Flexner, which has been representing the sexually assaulted and/or sex-trafficked victims of Jeffrey…
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over…