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Sep 16 2024BUSINESS

Crypto Trader NovaTech's $650 Million Scheme: A Wolf in Sheep's Clothing?

The Securities and Exchange Commission (SEC) has brought a major case against crypto trader NovaTech and its leadership, alleging a fraudulent scheme that duped over 200,000 investors out of $650 million. But what's striking about this case is not just the sheer scale of the scam, but the way it tar

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Sep 16 2024BUSINESS

The Crypto Con: $13M in Fraud Exposed

The world of cryptocurrency trading is often shrouded in mystery, with promises of big returns and exclusive deals. But what happens when the promises are empty and the deals are a scam? That's exactly what happened with ezBtc, a cryptocurrency trading platform that defrauded its customers out of $1

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Sep 16 2024BUSINESS

Crypto-Backed Super PACs Make a Big Splash in Politics

The world of cryptocurrency has made a significant impact on the political scene, with crypto-backed super political action committees (PACs) making their first battleground Senate endorsements in the general election. These PACs, led by Fairshake, Defend American Jobs, and Protect Progress, have ra

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Sep 16 2024FINANCE

The Billion-Dollar Betrayal: How a Kansas Bank's CEO Lost It All to a Crypto Scam

Imagine being the CEO of a small bank, trusted by your community to manage their hard-earned savings. Now, imagine being coerced into stealing millions of dollars from your own institution to fund a crypto scam, only to end up behind bars for 24 years. This is the shocking story of Shan Hanes, the f

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Sep 16 2024BUSINESS

The Bank CEO Who Fell for a Crypto Scam and Lost Everything

The case of a former bank CEO who was sentenced to 24 years in prison for embezzling $47 million after falling for a cryptocurrency scam has left many wondering about the risks of getting caught up in get-rich-quick schemes. Shan Hanes, a 53-year-old man from Kansas, was once the CEO of Heartland Tr

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Sep 16 2024FINANCE

Will the US Become the Global Crypto Hub?

The world of cryptocurrency is abuzz as Republican presidential nominee Donald Trump is making a bold declaration: he plans to make the United States the crypto capital of the planet. Trump's announcement comes as a surprise, given the rising importance of digital currencies in the global financial

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Sep 16 2024BUSINESS

The Crypto Conundrum: Is Donald Trump's Family Sinking Deeper into a Scam?

The world of cryptocurrency is known for its unpredictability, but the latest developments involving Donald Trump's family take the cake. In a shocking turn of events, two Trump family members, Lara and Tiffany, had their Twitter accounts hacked, resulting in them posting links to scam crypto websit

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Sep 16 2024TECHNOLOGY

The OSOM Saga: A Cautionary Tale of Privacy-Prioritized Smartphone Failure

OSOM Products, a company that once aimed to revolutionize the smartphone industry with a focus on user privacy, is on the brink of shutting down. Founded in 2020 by former Essential employees, OSOM's flagship device, the OV1, was designed with a plethora of security features. However, the company's

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Sep 16 2024POLITICS

The Emperor's New Clothes: How Crypto's Desperate Attempt to Influence Politics Reveals Its Flawed Foundations

The crypto industry's influence on campaign finance is a shocking phenomenon. Despite being an industry that has largely failed to find legitimate applications for its products, it has managed to spend lavishly on political campaigns and influence policy-making. At first glance, this might seem surp

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Sep 16 2024FINANCE

Trump's New Crypto Project: A Recipe for Insider Profiteering?

The latest venture from Donald Trump and his team, World Liberty Financial, claims to be a crypto lending platform that will bring economic power to the people. However, a closer look at the project's white paper reveals a different story. In reality, 70% of the governance tokens (WLT) would be held

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