(Bloomberg) — Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter. Most Read...
Tag: Founders
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns o...
‘Sheer panic’ has gripped Silicon Valley VCs and founders amid worries that the startup industry’s most important bank is in trouble
Silicon’s Valley’s clubby world of venture capital investors and entrepreneurs plunged into panic on Thursday amid fast-spreading reports of financial trouble at one the startup industry&#...
Coinbase CEO hosts all-male founders dinner on International Women’s Day
Coinbase founder Brian Armstrong recently hosted a “build back better” dinner with some of the industry’s most notable names in New York. However, Crypto Twitter noted that only men were there on Inte...
Silvergate to shut down; 3AC founders advance OPNX plans
Ad The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. M...
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
Airbit Club was a global scam in which promoters hosted “lavish expos” and community presentations throughout the U.S., Asia, Latin America and Eastern Europe, and convinced victims to invest in “memb...
Coinflex rebrands to OPNX with Leslie Lamb as CEO of 3AC founders’ latest venture
Coinflex is rebranding to Open Exchange (OPNX), Kyle Davies and Su Zhu’s latest crypto venture. New CEO Leslie Lamb shared the news on LinkedIn. The exchange, intended for trading claims a...
Open Exchange Led by 3AC Founders Raises $25 Million Funding
8 seconds ago | 2 mins read Exchange News Users will be onboarded via a Special Purpose Vehicle. Due to KYC regulations, U.S. residents will be excluded from using the platform. In a very contentious ...
Jur Introduces Startup Society Founders’ Awards to Recognize Web3 Pioneers and Foster Ecosystem Development
Advertisement     Upcoming Polkadot parachain, Jur is seeking to revolutionize the Web3 ecosystem as it unveils the launch of its Startup Society Founders’ Awards prog...
3AC founders are back with OPNX exchange’s tokenized bankruptcy claims
Ad Three Arrows co-founder Kyle Davis explained the business model of the soon-to-launch OPNX exchange, sparking skepticism from the crypto community. Davies and Su Zhu met at Columbia University, fou...
3AC Founders’ Open Exchange Completes Its $25 Million Fundraise
The highly controversial “Open Exchange” (OPNX) headed by once-failed Crypto CEOs has reached its fundraising goal of $25 million – though the founders are yet to reveal their benefactors. Meanwhile, ...
Jur Launches Startup Society Founders’ Awards To Reward Web 3.0 Innovators and Promote Ecosystem Growth
Jur, the upcoming Polkadot parachain building the DAO 2.0 stack, invites founders to pitch their ‘Startup Society’ ideas to notable figures from Web 3.0, including Tim Draper of Draper Associates, Ed ...
Meet The Forbes Under 30 Europe Class Of 2023
The young founders, leaders and entrepreneurs on our eighth annual Under 30 Europe list have collectively raised more than $3 billion to reshape the future of Europe—and the world. By Kristin Stoller,...
Meet The Young Founders Reshaping The Way We Buy And Sell
These Under 30 entrepreneurs are innovating the future of retail and ecommerce. By Emmy Lucas, Katherine Love and Mark Faithfull Chinese immigrant Kelu “Eric” Liu, 27, says he never planned on being a...
Hodlnaut Founders Want to Sell The Firm to Potential Investors: Report
Hodlnaut was one of many firms severely impacted by the collapse of FTX last November, even as the first signs of crack date back to at least as early as May when it lost nearly $190 million in the cr...
Hodlnaut founders propose selling the firm instead of liquidation
The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released th...
Hodlnaut Founders Suggest Selling Over Liquidation
The founders of troubled crypto lender Hodlnaut are desperately trying to save the firm despite its creditors calling for its liquidation. Co-founder Simon Lee has stated selling the business would be...
Doge price rises amid Cardano founder’s support
The CEO and co-founder of cryptocurrency network Cardano Charles Hoskinson stirred Twitter today by seemingly endorsing doge. As a result, the asset has seen a rise of over 1% in 24 hours. As a result...
Hodlnaut founders reveal surprising decision for the company – Cryptopolitan
The founders of cryptocurrency lender Hodlnaut, which has been facing financial difficulties, have proposed selling the business as a better option for creditors than liquidating the firm, according t...
Blockchain Founders Fund raises $75M to encourage Web3 mass adoption
Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, R...
Thomas Lee’s Firm Is Thrust Into Spotlight After Founder’s Death
(Bloomberg) — Thomas H. Lee’s second, smaller private investment firm — long known for making quiet bets — has now been thrust into the public glare after its founder’s death was ruled a suicide...
Forsage Founders Indicted for Alleged $340 Million “Global Ponzi” Scheme on Ethereum Blockchain
A federal grand jury in the District of Oregon has handed down indictments against the individuals who are believed to have been the masterminds behind the “global Ponzi” scam known as For...
Forsage Platform Founders Indicted in $340 Million Ponzi Scheme –
Join Our Telegram channel to stay up to date on breaking news coverage The founders of a DeFi crypto investment platform, Forsage, have been indicted by the federal grand jury in the District of Orego...
US DoJ indicts Forsage founders in $340m Ponzi scheme
The United States Department of Justice (DoJ) has charged four founders of Forsage for orchestrating the multi-million dollar global DeFi Ponzi and pyramid scheme. If convicted, the defendants could s...
Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform
Forsage relied on smart contracts on Ethereum, Binance Smart Chain and Tron that were “consistent with a Ponzi scheme,” the statement said. “As soon as an investor invested in Forsag...
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme – Bitcoin News
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 year...
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena ...
U.S DOJ Confirms Founders of Forsage Indicted of Over $340M
4 hours ago | 2 mins read Bitcoin News The Department of Justice claims Forsage’s older supporters get funding from new investors. The authorities claims that Forsage operated using a Ponzi scheme bas...
Forsage founders indicted in $340 million Ponzi scheme
Legal • February 22, 2023, 6:34PM EST The founders of Forsage, a decentralized finance crypto investment platform, were indicted for their alleged roles in a $340 million “global Ponzi and pyramid sch...
EtherMail and Blockchain Founders Group to Enable Web3 Comms for Startup Portfolio Projects
[PRESS RELEASE – Neustadt an der Weinstraße, Germany, 22 February 2023] EtherMail, the first Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has to...