HNewsWire: Crypto Just Got Exponentially More Dangerous: Meet Fairshake By Pam Martens and Russ Martens, The first thing you need to know about crypto is that some of the smartest minds in investment and technology have studied crypto carefully and determined it’s a total sham. In July 2019, NYU Professor and economist Nouriel Roubini summed up…

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By Pam Martens and Russ Martens: On Sunday, February 4, the CBS program 60 Minutes aired a taped interview with Federal Reserve Chairman Jerome Powell. The actual interview had occurred three days earlier and was conducted by 60 Minutes interviewer Scott Pelley. Two noteworthy things happened in connection with that interview: First, CBS did not indicate above…

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Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation

BanksterCrime: Amid swirling speculations about the third biggest bitcoin wallet, chatter has now emerged linking the fifth largest BTC wallet to the late Yevgeny Prigozhin, former owner of the Wagner private military company (PMC). However, a straightforward blockchain explorer search clearly indicates the wallet bears a label identifying it as property of the U.S. government.…

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Here’s Where Grassroots Crypto Adoption Is Highest

BanksterCrime: by Tyler Durden Of 154 countries analyzed by blockchain data platform Chainalysis, India ranks the highest in grassroots crypto adoption by far. While countries with higher purchasing power would naturally score better when looking at transaction volumes, according to Chainalysis experts, the index measures where “average, everyday people are embracing crypto the most.” However, this…

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SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’–US Gov. Won’t Let Crypto Success Play Out

BanksterCrime: Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a headache of sorts for the SEC to enforce regulations and protect investors effectively. Claim the…

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IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt

BanksterCrime: The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. On July 31, 2023, the IRS issued Revenue Ruling 2023-14, providing clarity on the tax implications for individuals engaging…

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U.S. SEC Sues Richard Heart, Hex, and PulseChain on Unregistered Securities and Fraud Allegations Heart Raised Over $1 Billion Across Three Different Unregistered Securities Offerings, the SEC Alleged

BanksterCrime: The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings beginning in 2019. Heart also defrauded his investors, the SEC alleged in a lawsuit on Monday, by using…

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