Corrupt LA sheriff’s deputy who acted as enforcer for crypto ‘godfather’ finds out his sentence
A former sheriff’s deputy from Los Angeles County, who misled investigators to protect a cryptocurrency fraudster from punishment, has been sentenced to 18 months in federal prison, as declared by prosecutors. Scott Allen Simpkins, aged 34 and from Brea, was also fined $10,000 after admitting to giving false testimony during the case involving Adam Isa, […]
Trump’s crypto venture brought him wealth while countless investors faced significant losses.
President Donald Trump remotely rang the opening bells for the New York Stock Exchange and Nasdaq from the Oval Office on Monday, promoting the launch of the Trump Account. This initiative aims to provide newborns with $1,000 in savings, funded by federal money and private donations. However, this philanthropic image contrasts sharply with Trump’s ongoing […]
What to Anticipate in the Upcoming Crypto Bull Market
The previous cryptocurrency bull market, which concluded in October 2025, leaned more on narratives than tangible economic progress. While meme coins and various networks made grand claims, they lacked many innovative features that would grab buyers’ attention. Presently, as Bitcoin (BTC 0.43%) moves past what has been its toughest period since 2022, early signs of […]
Prosecutors to dismiss charges against suspected leader of $722 million crypto Ponzi scheme
Charges Dropped Against Crypto Scam Suspect The CFTC Chairman Michael Selig recently appeared on “Morning with Maria” where he addressed multiple topics, including the Clarity Act, the future of cryptocurrency regulation, the increase in prediction markets, and the CFTC’s approach to recent market fluctuations amid Middle Eastern tensions. Meanwhile, the Department of Justice is set […]
Crypto remains ‘not an option’ for Singapore’s Temasek, four years after the FTX failure
Temasek Remains Cautious on Cryptocurrency Investments During the Singapore FinTech Festival on November 16, 2023, Nagi Hamie, president of Temasek Global Investments, stated that the company is not considering investments in cryptocurrencies at this time. This decision comes as Temasek seeks to recover from significant losses related to its investment in the now-defunct cryptocurrency exchange […]
Almost a Million Investors Lost $3.8 Billion on Trump Crypto Coin
Trump Supporters Face Huge Cryptocurrency Losses The most recent figures about supporters of Trump who have invested in cryptocurrency paint a grim picture. According to a report from Nansen, a crypto analytics firm, close to 1 million individuals who purchased President Trump’s meme coins experienced significant losses by the end of June, totaling around $3.81 […]
Bitcoin rises after Trump claims he is ‘a big crypto guy’
Bitcoin saw a surge on Monday after President Trump dubbed himself a “crypto mogul” and gave a somewhat positive, yet vague, reply when asked if digital currencies might be part of his newly established Trump account. This came after the cryptocurrency dipped nearly 2% toward $60,000, following reports that the largest corporate owner of Bitcoin, […]
The Federal Reserve Has Just Announced Great News for Crypto Investors. Which Cryptocurrencies Should You Purchase?
Federal Reserve Chairman Comments Impact Crypto Market On July 1, Kevin Warsh, the new chairman of the Federal Reserve, stated to the European Central Bank Committee that “inflation risks have decreased.” This remark sent shockwaves through the virtual currency market, with Bitcoin rebounding to around $60,000, lifting the entire sector. However, before assuming that Warsh’s […]
How Trump earned over $1 billion in crypto while many of his coin investors faced losses
Trump’s $TRUMP Meme Coin: A Mixed Bag of Success and Loss In the lead-up to his second inauguration, President Donald Trump introduced the $TRUMP meme coin, signaling a shift toward a pro-crypto stance and creating a profitable business for his family. This venture reportedly brought in hundreds of millions in profits for Trump last year, […]
Ross Gerber Claims Trump’s $1 Billion Crypto Gain Is Why ‘Bitcoin Dropped and Isn’t Moving Forward’
Investor Comments on Bitcoin’s Decline Investor Ross Gerber commented this Wednesday on Bitcoin’s ongoing decline, linking it to the financial activities of former President Donald Trump. Gerber’s Response to Trump’s Profit Claims In light of Trump revealing that he earned over $1 billion from cryptocurrency during his presidency, including ventures like World Liberty Financial and […]