A US court sentences Praetorian Group CEO Ramil Ventura Palafox to 20 years in prison for operating a $200M bitcoin Ponzi scheme that defrauded 90K+ investors
Quick Take — Praetorian Group International CEO, Ramil Ventura Palafox, was sentenced to 20 years in prison for operating a $200 million bitcoin Ponzi scheme.
Sources: Disney's Sora deal is entirely in OpenAI stock warrants rather than a cash licensing fee; Disney has the option to buy more shares beyond its $1B stake
I'd give anything to go back to that. Instead, Disney's gonna throw itself on the fire. [embedded post] Dan Wade / @dwade : Deal makes far more sense now. If OpenAI succeeds, Disney reaps the rewar...
President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges
Crypto Braced For Another Trump Shock After Bitcoin, XRP, Solana And Cardano Price Boom CoinDesk : Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans Matthew Gault / Gizmodo : C...
CoinGecko: $TRUMP rose more than 600% overnight and was trading at just over $32 as of 11AM ET, giving it a fully diluted market capitalization of $32B+
www.axios.com/2025/01/18/t... Ian Bassin / @ianbassin : A system in which someone can do something of zero intrinsic value and make $25 billion overnight is a system broken beyond measure. — And if ...
The crypto industry's impact on the 2024 US elections shows that crypto is a perfect anti-establishment technology for the turbulence and distrust of the 2020s
An anti-establishment technology for an anti-establishment age — For years, crypto skeptics have asked, What is this for? Mastodon: @carnage4life@mas.to . Threads: @cwarzel Mastodon: Dare Obasanjo /...
US authorities: Dubai has quietly become a leading home for crypto scamming in the past decade, including Ponzi and pyramid schemes that made $3.4B+ since 2017
Ponzi and pyramid schemes dressed in startup clothes have been running rampant in the UAE, experts and US authorities say.
How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content
and self-monetizing — quick hot takes about the fewer and fewer original reported stories being paid for by dying news outlets doing actual journalism. It's got a real Ponzi scheme feel to it all. htt...
How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content
In this year's presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.” X: @katie_robertson , @baekdal , @davidsirota , @sap...
The British Museum partners with Ethereum-based metaverse game The Sandbox to create NFTs showing the museum's collections and offer “new immersive experiences”
Right now, there is no definitive answer. Bralon Hill / crypto.news : British Museum embraces digital collectibles with The Sandbox partnership Siamak Masnavi / CryptoGlobe : Historic Leap: British Mu...
Source: MoonPay insiders, including CEO Ivan Soto-Wright, cashed out $150M in shares as part of the crypto payment startup's $555M Series A in November 2021
The only smart people in the entire NFT fiasco were the grifter CEOs who made bag holders out of greedy VCs and Ponzi schemers who thought they were the ones doing the pump & dump. … Tweets: Pauly / @...