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Sep 16 2024BUSINESS

Blockchain or Bust: Trump's Crypto Odyssey

As the 2024 Bitcoin Conference unfolded in Nashville, Tennessee, the crypto community held its breath as former President Donald Trump took the stage to unveil his vision for the digital currency's future. Trump's message was clear: he wants the United States to become the "crypto capital of the pla

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Sep 16 2024TECHNOLOGY

Trumps' Cryptic Delay: Unpacking the Mysterious Security Breach

As Donald Trump took the stage at the Bitcoin conference in Nashville, Tennessee, a "minor security breach" piqued curiosity and raised eyebrows. According to Representative Andy Ogles, who was backstage with Trump, the postponement was due to the presence of two suspicious individuals who caused th

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Sep 16 2024CRIME

A Cryptocurrency Heist: $300,000 Stolen, a Diamond Pendant Bought, and a Mercedes-Benz Driven

Let's break down what happened in this jaw-dropping case. A 61-year-old Queens auto body shop owner had his Bitcoin worth $92,000 stolen in November 2022. He had stored his digital coins in a Blockchain wallet, and the thief, Aaron Peterson Jr., used the funds to buy a diamond pendant, a Rolex, and

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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 2024TECHNOLOGY

The DeFiant Ones: Trump's Cryptocurrency Gamble

As Donald Trump promotes his family's new cryptocurrency platform, "The DeFiant Ones," it's hard not to wonder what's behind this sudden shift in his stance on cryptocurrencies. Gone are the days when Trump called bitcoin a scam, replaced by a newfound enthusiasm for decentralized finance. But is th

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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 2024BUSINESS

The Crypto Billionaire Boom: A Year of Unprecedented Wealth Creation

The past year has been a remarkable one for the world of cryptocurrency, with the population of crypto millionaires growing by a staggering 95%. According to a new report from New World Wealth and Henley & Partners, there are now 172,300 individuals worldwide holding more than $1 million in crypto a

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