Binance, the world’s largest crypto exchange, is reportedly being investigated by federal prosecutors, which has led to multiple American hedge funds being subpoenaed by the Western District of Washin...
Tag: Hedge
US Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory ...
Federal Prosecutors Subpoena Hedge Funds Over Binance
Federal prosecutors are investigating the largest crypto exchange Binance and have subpoenaed several hedge funds as part of its investigation, according to a Washington Post report. Seattle’s US atto...
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings – Bitcoin News
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were...
U.S. investigators subpoena hedge funds associated with Binance
On Jan. 7, 2023, Washington Post reported that the federal prosecutors had subpoenaed U.S.-based hedge funds relating to Binance. Federal prosecutors are investigating the cryptocurrency exchange plat...
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Federal prosecutors are investigating the relationship between Binance and U.S.-based hedge funds as part of a broader investigation into the cryptocurrency exchange’s possible skirting of money...
US Hedge Funds In Prosecutors’ Gaze Over Binance Investments
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency industry has just flaked out of a disastrous 2022 but the space is still as messy as it was. This statement is...
US prosecutors subpoenaed hedge funds for records of Binance dealings
Over the past few months, the US attorney’s office for the Western District of Washington has issued subpoenas to hedge funds that interacted with Binance. The Washington Post reported citing sources ...
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. According to anonymous sources cited by the Washingto...
A Billion-Dollar Hedge Fund Is Betting Against USDT, Bitcoin And Grayscale
Join Our Telegram channel to stay up to date on breaking news coverage Grayscale’s parent business Digital Currency Group, the Bitcoin Trust (GBTC), and other stakeholders are continuing to put pressu...
New Hedge Fund Soars 163% Betting Everything Is Going Down
(Bloomberg) — A veteran trader’s well-timed bet on the end of easy money has achieved triple-digit returns in his new hedge fund’s first full year. Most Read from Bloomberg After running Eagle’s...
Billion-Dollar Hedge Fund Bets Vs. Bitcoin And Grayscale
The pressure continues to mount on Grayscale with its Bitcoin Trust (GBTC) and parent company Digital Currency Group. And as Ram Ahluwalia, CEO and co-founder of crypto-native investment advisor Lumid...
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...
Manager of $2,000,000,000 Hedge Fund Says Crypto Industry Will Take Off After This Happens
The managing partner of crypto hedge fund Morgan Creek Digital says it does not make sense for investors to speculate on crypto assets without insurance. In a new interview on the Blockworks Macro pod...
Brazilians using stablecoins to hedge against inflation
Brazilians are increasingly turning to stablecoins as their local currency, Brazil Real (BRL), slides against the USD due to rising inflation. Brazilians adopting stablecoins Recent market data shows ...
Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars
The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U...
Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars – Economics Bitcoin News
The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U...
Hedge Fund Veteran Mark Yusko Warns of Imminent ‘Sinister’ Threat to Crypto Industry
Morgan Creek Capital CIO Mark Yusko says that the crypto industry is facing a sinister threat that investors may want to watch out for. In a new interview with Blockworks, the crypto veteran says that...
Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding
Alameda Research and Terra’s Do Kwon-backed crypto hedge fund Pangea Fund Management is rebranding to Syncracy Capital after seven months of silence. The hedge fund’s website shows no solid developmen...
Hedge Fund Billionaire Loeb Slams ‘Stonk’ Picker Cathie Wood
Topline Daniel Loeb, the billionaire founder of the hedge fund Third Point, took to Twitter Wednesday to criticize famed investor Cathie Wood for her investing strategies, piling onto recent pushback ...
Veteran $4,500,000,000 Crypto Hedge Fund Says ‘DeFi Is Superior’ – Here’s Why
A seasoned crypto hedge fund with $4.5 billion worth of assets under its management is asserting the superiority of decentralized finance (DeFi) ecosystems. In a new letter penned by CEO Dan Morehead ...
Osmosis Price Prediction: Buyers Lost Key Hedge Level, What’s Next for OSMO?
Osmosis is priced just above the key demand area. The crypto price is remaining below the red moving line of the EMA ribbon indicator. OSMO related to the BTC pair fell by 1.09% to 0.00004595 satoshis...
Hedge Fund Manager Netting 29% Gain Sees S&P 500 Going Nowhere
(Bloomberg) — Hedge fund manager Bill Harnisch, who has scored a 29% return this year, credits most of the success to a prescient call on inflation 15 months ago. If his take on consumer prices ...
A hedge against inflationary Avalanche and Pancakeswap
As the world continues its accelerated shift towards a more digital economy, the need for a stable currency grows increasingly urgent. Investors are constantly on the lookout for the next big thing. ...
Crypto Hedge Fund Fired its Co-Founder over this Allegation
BKCoin’s co-founder Kevin Kang misappropriated investor funds thus the crypto hedge fund fired him. The firm has deleted its official twitter account. BKCoin Capital, a cryptocurrency hedge fund, fire...
Grayscale is Being Sued by Hedge Fund, but Why?
The recent updates related to Grayscale Investments seems the firm is not in a good situation. As per the Bloomberg report, Fir Tree Capital Management, hedge fund, sued Grayscale Investments. The rea...
Founders of Bankrupt Crypto Hedge Fund Three Arrows Capital Subpoenaed in US
“The foreign representatives and their agents are authorized to serve subpoenas for the production of documents and testimony upon the founders, the investment managers and anyone else that might have...
Hedge fund suing Grayscale, seeks GBTC information
In order to look into potential mismanagement and conflicts of interest, hedge fund Fir Tree is suing Grayscale for information regarding its flagship Grayscale Bitcoin Trust (GBTC) product. Fir Tree,...
Hedge fund Fir Tree sues Grayscale Investments, thanks to GBTC
As per a recent Bloomberg report, New York-based hedge fund Fir Tree is suing crypto investment firm Grayscale Investments at the Delaware Court of Chancery to obtain information about its flagship Gr...