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Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused the media of giving the former FTX CEO a “free pass.”Bernard Lawrence Madoff was the mastermind behind the largest known Ponzi scam in history, estimated to be worth $64.8 billion. At
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A number of United States lawmakers have urged the Internal Revenue Service and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”In an Aug. 1 letter, Democratic Senators Elizabeth Warren, Bernie Sanders, Bob Casey and Richard Blumenthal warned the top officials of both
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Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection. Source
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Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that way,” she said. Former FDIC Chair Compares FTX and Sam Bankman-Fried to Bernie Madoff’s
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Topps Digital released their latest line of NFT collectibles today, featuring Senator Bernie Sanders and his winter mittens as the subject of the promotional series. The collectibles, dubbed “GPK Bernventures,” are digital packs containing two non-fungible tokens issued on the WAX blockchain. The card drawings are in the style of Topps’
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Elon Musk has renewed his rivalry with Jeff Bezos. The Tesla CEO wants Amazon to be broken up, stating that “monopolies are wrong”. Musk is starting to sound like Bernie Sanders, but don’t let him fool you. Weeks after openly siding with conservatives about reopening the U.S. economy,
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Dow Futures are rallying as Bernie Sanders hopes of appearing on a Presidential ballot are collapsing. Joe Biden had an incredible “Super Tuesday” performing strongly across the board. Sanders had been viewed as a major risk to the Dow Jones should he be the Democratic nominee. Dow Futures rallied
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Jeffrey Gundlach says the stock market is pricing in a Bernie Sanders presidency, hence the rout. He claims that the underperforming healthcare sector indicates that coronavirus is not the catalyst of the stock market crash. Coronavirus is causing serious supply chain disruptions and may be the real reason why
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The Dow plunged 1,000 points Monday morning. Is that because the stock market is pricing in the risk of a Bernie Sanders win in November? While coronavirus is clearly weighing on investors, it may be no coincidence that markets plunged after Bernie crushed the Nevada caucuses. Many financial analysts
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Warren Buffett backed fellow billionaire Mike Bloomberg over Bernie Sanders for the Democratic nomination. One Wall Street giant supporting another is just one example of how out of touch Buffett is with real America. Ray Dalio warned Wall Street that Fed policy was creating social divisions more than five
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