Popular streamer and serial NFT project founder DNP3 has admitted to using investor funds to fuel his gambling addiction. In a statement issued on January 3, the social media star, who has over one m...
Tag: funds
NASDAQ 100 2023 forecast amid investors pulling record funds out of tech stocks
Financial markets opened the new year in a week where liquidity remains thin. Nevertheless, significant financial and economic data is due, so traders and investors should not be surprised by some big...
NFT founder used investor funds to fuel crypto casino addiction
Popular streamer and serial NFT project founder DNP3 has admitted to using investor funds to fuel his gambling addiction. The social media star has over one million followers and subscribers across Tw...
Ankr’s $5M hacker deanonymizes with wrong transactions, funds moved to Huobi
The hacker who compromised web3 infrastructure platform Ankr in early December, leading to a loss of $5 million worth of BNB, committed a major mistake tracing funds back to their original wallet. In ...
Former SPAC CFO Pleads Guilty To Funds Misappropriation To Trade Crypto
Going by the name Cooper Morgenthau, the former chief financial officer on Tuesday pleaded guilty to wire fraud charges in front of the U.S. District Judge Paul Engelmayer in Manhattan federal court. ...
Founder of Goobers NFTs ‘completely broke’ after gambling away life savings, investor funds
Twitch Streamer and Goobers NFT founder DNP3 confessed in a twit longer that he is now completely broke after gambling away his life savings and all funds received from investors. Earlier in September...
BTC.com’s Stolen Funds Funneled Through Tornado Cash and CEXs: Report
Prominent cryptocurrency mining pool BTC.com suffered a cyberattack last month that resulted in a significant loss of company and user funds. New details have emerged regarding the whereabouts of the ...
FTX Task Force Launched, Will FTX Customers Get Their Lost Funds?
While the entire crypto space is awaiting justice in the FTX case, the company’s founder and former CEO Sam Bankman-Fried have pleaded not guilty to the charges of deceiving his investors. This statem...
SDNY launches FTX Task Force to recover funds
The Southern District of New York has created a task force intending to recoup lost FTX assets, according to a report published by CNBC on Jan. 3. That effort, called the FTX Task Force, will work to ...
Bahamian Securities Regulator Says It Has $3.5B of FTX Funds in Its Care
Since FTX filed for bankruptcy, there has been a power tussle between the exchange’s current leadership and the liquidators appointed by the Supreme Court of the Bahamas. The Securities Commission of ...
Gemini and DCG work to resolve frozen funds
Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November. The a...
Gemini’s Winklevoss, DCG’s Silbert spar over frozen funds on Genesis
Gemini co-founder Cameron Winklevoss accused Digital Currency Group head Barry Silbert of “bad faith stall tactics” and comingling funds at his conglomerate in a pointed open letter posted...
Gemini co-founder accuses DCG’s Silbert of “Bad Faith” while dispute over $900 million in locked funds stagnates
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Digital Currency Group, Barry Silbert, has been accused of “bad faith stall tactics” by the co-founder of cryptocurren...
Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds
Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users...
Cameron Winklevoss Asks Genesis to Return Customer Funds
Cameron Winklevoss wrote an open letter to Barry Silbert asking him to solve Gemini Earn users’ problems by Jan. 8 Gemini had partnered with Barry Silbert-led Genesis to provide yields to customers fo...
SBF Denies Moving Funds From Alameda: Tweets from Parent’s Basement.
Right after SBF’s bail, Alameda’s accounts became active. FTX owes nearly $3.1 billion to 50 creditors. Sam denied any involvement, citing a lack of access to said funds. Sam Bankman-Fried, the for...
XRP Whales Moves Over 200,000,000 Tokens As Ripple Unlocks Escrow Funds: On-Chain Data
XRP whales are making major waves, moving over 200 million tokens to start the new year. According to new data from whale-surveying platform WhaleAlert, 70,000,000 XRP were moved from an unknown walle...
Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ Stalling in $900M Locked Funds Dispute
Gemini Trust Co., which is co-owned by Winklevoss and his twin brother Tyler, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX file...
Sam Bankman-Fried Denies Transfering Suspicious Funds Tied To Alameda
Even if under house arrest and monitored by the police, Sam Bankman-Fried is still capable of making headlines. For instance, he’s now being suspected of moving funds from one of his now-defunct compa...
Startups End a Bruising 2022, Stare Down Another Challenging Year
Startups had a dismal year by nearly every measurement in 2022, from plummeting investment to scarce public listings, and data point to a 2023 that could be even more difficult. As markets tanked in e...
Hedge Funds Take Short Positions Against Tether
2022 saw the collapse of several crypto projects. But Tether USDT is the project many expect to fail that remains standing. Traditional hedge funds believe it is a matter of time and is shorting the s...
These money and investing tips can help you ring in a profitable new year
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS The stock market has been rang...
4 Lucrative Loopholes That Can Get You Early Access to Retirement Funds
news magnet early access to retirement Generally, when you save for retirement, your goal should be not to touch the money until you are actually retired. Sometimes, though, life gets in the way and y...
Acacia Research says inquiry found former CEO may have misused funds
Acacia Research Corp., a company that buys other companies, and its former chief executive are in a fight that involves allegations of potential misuse of corporate money. Acacia ACTG, -1.17% on Frida...
“I didn’t move the funds”
Join Our Telegram channel to stay up to date on breaking news coverage This week, cryptocurrency kept in Alameda Research-affiliated wallets worth more than $1.7 million was traded on exchanges and mo...
Here’s a New Year’s resolution: resist the temptation to bet on the top mutual fund of 2022
Beating the stock market is not that big of a deal. What’s really impressive — and what you should be looking for when using performance scoreboards to choose a mutual fund — is one that has beaten th...