Legal tender status “would imply a legal obligation for (certain) payees to accept payments in digital euro … thereby increasing its network effects, and potentially affecting its distribution,” said ...
Tag: Told
Wall Street’s most successful hedge fund just politely told Fed Chair Jay Powell to shut up
If there was one piece of advice the boss of hedge fund Citadel LLC would give to the Federal Reserve, it would be to stop talking so much. Every time Fed Chair Jay Powell opens his mouth to discuss a...
Missing $96,000 is your problem, Coinbase allegedly told account holder who had life savings cleaned out
Coinbase is being sued after allegedly telling a man who said he lost $96,000 on its site to theft that it wasn’t the company’s problem. In a lawsuit filed on Monday in San Francisco federal court, pl...
Crypto projects told to delay new coins due to “Alameda Gap”
New crypto projects have been advised to postpone their launches by up to six months after the collapse of Sam Bankman-Fried’s (SBF) Alameda Research sapped liquidity across major tokens by up to 50%....
EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
“The BCBS standard is not yet legally binding pending its transposition in the European Union,” said a newsletter from the ECB, which is responsible for directly supervising the largest banks in the c...
Circle Spotted Dodgy Dealings At Binance, And Told The Feds… –
Join Our Telegram channel to stay up to date on breaking news coverage Circle, a stablecoin issuer, reportedly blew the whistle to the New York Department of Financial Services (NYDFS) regarding Binan...
George Santos Claims Sinema Told Him To ‘Hang In There’—But Sinema Says Conversation Never Happened
Topline Rep. George Santos (R-N.Y.)—who is facing bipartisan rebukes for lying extensively about his resume—claimed in a Thursday night TV interview Sen. Kyrsten Sinema (I-Ariz.) offered him encouragi...
‘Is my financial planner crazy?’ We’re 55 and 60, five years from retirement and were told we should invest more aggressively
Dear MarketWatch, Is my financial planner crazy? I recently saw a MarketWatch article that recommended that one’s retirement portfolio should be 100 minus their age in stocks or perhaps even more co...
UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told
“We’re very supportive of the regulation and the regulators looking at regulation of crypto, our focus will always be about customer outcomes in that context,” said Charlie Nunn, CEO of Lloyds B...
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
“We do not have enough money to pay back all of our creditors and the U.S. Trustee … says that we should spend tens or even hundreds of millions of dollars” on a report, said James Bromley of FTX’s la...
WazirX told to Withdraw Funds After Falling Out Over its Ownership
Binance has announced the termination of its wallet services for the WazirX Exchange and asked the exchange to withdraw its funds. In Aug. 2022, Nischal Shetty, the co-founder of WazirX, and Changpeng...
The outgoing CEO of Toyota told his successor: Don’t be like me
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | ...
Lead Actor Says She Worked Through The Trauma Of Being Raped While Shooting Latest Season Of Crime Series ‘Truth Be Told’
Octavia Spencer and Gabrielle Union in “Truth Be Told,” now streaming on Apple TV+. Courtesy: Apple TV+ Gabrielle Union’s latest project elicited harrowing emotions every day. But, that di...
‘It feels like way too much to lose.’ We had $550K invested and told our adviser we wanted a ‘conservative approach.’ Since then we’ve lost $88K. I know the market is bad, but should we fire him?
Question: Two years ago my husband took an early retirement when offered by his company. At that time we had a 401(k) with about $550,000 that we gave to a big financial services firm rep to handle. ...
Tesla told employees not to complain to managers about pay, labor director alleges
Electric-vehicle maker Tesla Inc. ran afoul of the law when the company told employees at an office in Florida not to complain to higher-ups about pay or discuss things like hiring, a U.S. labor board...
SBF told to surrender $300 million by the Bahamas Security Commission.
A December 30 report says that $300 million of seized funds were moved without approval. Debtors claim that the $296 million transfer was by order of the Bahamas Securities Commission. These assets ...
Bahamas Security Commission told SBF to surrender $300 million
FTX and its associated debtors said on Dec. 30 that nearly $300 million seized by the Bahamas’ main securities regulator was transferred without approval. The debtors asserted that the Bahamas Securit...
FTX Has Over $1B in Cash, Creditor Meeting Told
The company’s new management, which took over when FTX founder Sam Bankman-Fried resigned Nov. 11, told a procedural hearing on Tuesday that it had over $1 billion in assets identified. The comp...
Here’s What Peter Brandt Told Michael Saylor
Yuri Molchan Prominent commodity trader has warned Michael Saylor from worshiping Bitcoin Contents Is Saylor worshiping Bitcoin? Peter Brandt’s criticism of BTC fanatics Old school savvy chartist Pete...
Twitter poll result: Elon Musk told to quit as chief executive
Elon Musk launched a poll on his leadership of Twitter and promised to ‘abide by’ the result – Yui Mok/PA Wire Millions of Twitter users have voted for Elon Musk to quit as chief exe...
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business – Bitcoin News
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman...
Bahamas Told Bankman-Fried to Mint New Crypto as FTX Collapsed, Lawyers Say
(Bloomberg) — Bahamas government officials worked closely with Sam Bankman-Fried and tried to help him regain access to key computer systems of bankrupt FTX Trading, lawyers for FTX said in a co...
Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’ – Bitcoin News
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablec...
Bankruptcy court told FTX and Alameda they owe BlockFi $1B
Court confirms that FTX and Alameda owe BlockFi $1 billion after chapter 11 bankruptcy protection filing. While BlockFi has attempted to separate itself from FTX and Alameda during its bankruptcy proc...
The Jazz Are Cooling Off, But No One Told Lauri Markkanen
SALT LAKE CITY UT- OCTOBER 26: Lauri Markkanen #23 of the Utah Jazz watches a shot drop during … [+] warmups before their game against the Houston Rockets at Vivint Arena on October 26, 2022 in ...
Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collapsed exchange’s sister company Alameda Research has...
Why Deutsche Bank Told Clients to Stay Away From American Banks
It’s always fascinating to observe how Americans are perceived by people from other places — depending on the country and the circumstances, common stereotypes range from unhealthy food t...
My story of telling the SEC ‘I told you so’ on FTX
“I hate to say I told you so” is a phrase oft-repeated but rarely sincere. It’s a delightful feeling to claim credit for warning about a problem in advance. That’s a liberty I’m taking with federal fi...
Ripple and Binance seek UK regulatory licenses, lawmakers are told
Ripple and Binance have asked to be licensed by the Financial Conduct Authority, UK lawmakers were told on Monday. Binance, the world’s largest crypto exchange by trading volume, is in tal...