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Ponzi Scheme

Crypto bank Genesis halts withdrawals, citing fallout from FTX failure

Crypto bank Genesis halts withdrawals, citing fallout from FTX failure

New York CNN Business  —  The lending arm of crypto brokerage Genesis Global Trading suspended redemptions and new loan originations
South Carolina tribe wants to be like Delaware, but for crypto businesses

South Carolina tribe wants to be like Delaware, but for crypto businesses

Written by Colin Wood Nov 16, 2022 | STATESCOOP About two-thirds of Fortune 500 companies are incorporated in Delaware, where
Why do progressives support Democrats? Part two

Why do progressives support Democrats? Part two

Following on from my piece yesterday, here are a few more examples of progressive ideas from the Right. School Choice.
2 Cos. Ordered To Pay $66M Over ‘Massive’ Ponzi Scheme

2 Cos. Ordered To Pay $66M Over ‘Massive’ Ponzi Scheme

By Emilie Ruscoe (November 15, 2022, 9:49 PM EST) — A pair of companies will pay a total of $65.9
Nayib Bukele Still Thinks Highly of Bitcoin, Compares it to FTX Collapse

Nayib Bukele Still Thinks Highly of Bitcoin, Compares it to FTX Collapse

El Salvador is the first country to accept Bitcoin as a Legal tender.  Bitcoin is one of the most popular
FTX has ‘Ponzi scheme-like behavior’

FTX has ‘Ponzi scheme-like behavior’

Sen. Cynthia Lummis (R-WY) likened some aspects of FTX’s collapse to a Ponzi scheme, with the crypto exchange’s bankruptcy prompting
Sen. Lummis: FTX has 'Ponzi scheme-like behavior' – Yahoo Money

Sen. Lummis: FTX has 'Ponzi scheme-like behavior' – Yahoo Money

Sen. Lummis: FTX has ‘Ponzi scheme-like behavior’  Yahoo Money Read more…
FTX Looks to Sullivan & Cromwell Veteran Team to Untangle Mess

FTX Looks to Sullivan & Cromwell Veteran Team to Untangle Mess

FTX has turned to Sullivan & Cromwell veterans who aided major restructurings, including Eastman Kodak Co., to sort out the
The Unraveling of FTX’s Ponzi Scheme Has Decimated Liquidity in Solana (SOL)

The Unraveling of FTX’s Ponzi Scheme Has Decimated Liquidity in Solana (SOL)

The FTX saga continues to create cascading problems for the entire crypto sphere, with deteriorating liquidity and market depth affecting
Where Warriors, Cal deals with FTX stand after bankruptcy

Where Warriors, Cal deals with FTX stand after bankruptcy

Earlier this year, a journalist suggested to now-former crypto billionaire Sam Bankman-Fried that he was “in the Ponzi business and
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