Neuer Schwächeanfall beim Bitcoin - Die letzten 30 Beiträge | Diskussion im Forum

[faultcode]

24.11.
ECB chief Lagarde admits her son lost crypto cash
https://www.msn.com/en-gb/news/world/ecb-chief-lagarde-admit…
...
No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son lost "almost all" of his investments in crypto assets, despite copious warnings.

Lagarde has long railed against cryptocurrencies, calling them speculative, worthless and a tool often used by criminals for illicit activity.

"He ignored me royally, which is his privilege," Lagarde told a town hall with students in Frankfurt. "And he lost almost all the money that he had invested."

"It wasn't a lot but he lost it all, he lost about 60% of it," Lagarde added. "So when I then had another talk with him about it, he reluctantly accepted that I was right."

The ECB chief has two sons in their mid-30s but did not say which one she was referring to.
...

[faultcode]

Last Updated: Nov. 21, 2023 at 12:44 p.m. ET
Binance founder Chaopeng Zhao to plead guilty in deal to end U.S. criminal probe: reports
https://www.marketwatch.com/story/doj-expected-to-announce-s…
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Binance cofounder Chaopeng Zhao, one of the most prominent figures in crypto, will plead guilty to criminal charges related to violating U.S. anti-money-laundering requirements, and agree to step down as head of the company, as part of a broad settlement with the U.S. Department of Justice, according to reports.
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[faultcode]

Antwort auf Beitrag Nr.: 74.581.670 von faultcode am 03.10.23 23:14:52

12.10.
Sam Bankman-Fried used prostitutes in bid to unfreeze funds, says Caroline Ellison
https://protos.com/sam-bankman-fried-used-prostitutes-in-bid…
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Caroline Ellison’s bombshell testimony against her former boss and former romantic partner Sam Bankman-Fried revealed that FTX and Alameda Research concocted a plan to use identities of ‘Thai prostitutes’ in a scheme to gain access to approximately $1 billion in frozen cryptocurrency on OKEx.

Ellison alleged that Ryan Salame, former CEO of FTX Digital Markets, told her about the source of the identity documents for these accounts.

Alameda Research was unable to withdraw from OKEx but was still able to trade, so it concocted a scheme where it would intentionally enter into losing trades with the accounts created using false identities that were under FTX control, and then utilize these accounts to withdraw the funds.

When this plan was unsuccessful, Ellison testified that they turned to bribery, eventually paying close to $100 million in crypto to Chinese officials in order to get the assets unfrozen.
...

[faultcode]

guter Artikel zu Sam Bankman-Fried + FTX + Krypto allgemein:

2.10.
LA Times: Column: In Michael Lewis, Sam Bankman-Fried found his last and most willing victim
https://www.latimes.com/business/story/2023-10-02/two-new-bo…
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Lewis quite plainly started this book project thinking he could write the definitive foundation story of cryptocurrency as “the new new thing,” to quote the title of one of his earlier books. When the thing collapsed, he was unable to shed his initial enchantment.

Some authors who discover in the midst of a project that their preconceptions are dead wrong have been able to reverse course...

Lewis hasn’t traced that route, even though the truth about Bankman-Fried’s activities — that he never honored his own promises about the integrity of his accounting — stared him in the face. To the end, he treats Bankman-Fried as sort of an endearing scamp who got in over his head, essentially by an adorable habit of inattention.

He accepts the self-image of Bankman-Fried and his parents, Stanford law professors Joe Bankman and Barbara Fried, as people with “basically zero interest in money” — never mind allegations in a lawsuit filed by Ray that they profited by tens of millions of dollars from their son’s enterprise, including the purchase of luxury property in the Bahamas, or that Bankman, according to a lawsuit by FTX’s new management, complained that his salary with the company was only $200,000 rather than $1 million.
...

[faultcode]

jetzt sollen es ETF's beim Bitcoin richten: alter Wein in neuen Schläuchen:

29.8.
Crypto Scores Landmark US Legal Win With Grayscale ETF Ruling
https://uk.news.yahoo.com/us-court-paves-way-first-144622021…
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Grayscale Investments LLC won a key legal fight in its push to launch a Bitcoin exchange-traded fund, bringing the crypto industry to the precipice of tapping billions of dollars from everyday investors.

The firm’s court victory over the US Securities and Exchange Commission in a three-judge appeals panel in Washington represents a watershed moment for the largest cryptocurrency. Advocates say an ETF based on spot Bitcoin prices would result in a gush of retail cash.

The SEC, which has thus far only allowed crypto ETFs based on futures because it says they are safer, is reviewing the decision. The agency could still fight the ruling, either by asking a full slate of judges on the DC Circuit Court of Appeals, or the US Supreme Court to review the decision.
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[faultcode]

Antwort auf Beitrag Nr.: 74.303.184 von faultcode am 11.08.23 15:24:46

Ui, ui, ui:

28.8.
Coinbase says it’s investigating as some Wallet users see empty balances
https://coinmarketcap.com/headlines/news/coinbase-says-its-i…
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The company said in a follow-up post that it had identified the cause of the issue that a fix was being implemented.
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für mich sieht es danach aus, daß Coinbase nun echte Probleme mit ihrer IT hat. Dann bliebe die Frage: warum?

[faultcode]

Antwort auf Beitrag Nr.: 74.250.726 von faultcode am 02.08.23 22:00:11

22.8.
Binance Facing Additional U.S. Legal Risks by Helping Russians Move Money: WSJ
https://finance.yahoo.com/video/binance-facing-additional-u-…
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According to a new report from the Wall Street Journal, Binance is helping blacklisted Russian lenders move money through peer-to-peer transactions. A spokesperson for Binance told the publication the exchange follows global sanctions rules. "The Hash" panel discusses whether this could add on to the legal risks Binance is currently facing in the U.S.

[faultcode]

19.8.
This Ethereum Whale Saved $5 Million a Minute Before The Crypto Market Crashed !
https://cryptonewsbytes.com/this-ethereum-whale-saved-5-mill…
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• An Ethereum whale recently sold their Ether holdings. Apparently, this sale happened just before the market crash.
• The trader saved $5 million in the process.
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[faultcode]

Antwort auf Beitrag Nr.: 72.742.175 von faultcode am 12.11.22 10:58:53

11.8.
U.S. judge sends FTX’s Sam Bankman-Fried to jail over witness tampering
https://www.cnbc.com/2023/08/11/us-judge-sends-sam-bankman-f…
• Sam Bankman-Fried will head to jail on Friday, after a judge sided with a request by federal prosecutors to revoke the FTX founder’s bail over alleged witness tampering.
• Bankman-Fried will be remanded to custody directly from a court hearing in New York, where he will remain ahead of his criminal trial – which is due to begin on Oct. 2.
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During his 33-minute ruling, Judge Kaplan walked through his rationale as to why probable cause for witness tampering had been met by the prosecution, adding that Bankman-Fried’s contribution to the Ellison story was designed to “hurt” and “discredit” a witness.

“Faced with a series of conditions meant to limit the defendant’s use of the internet and the phone, the defendant pivoted to in-person machinations,” the prosecution said of Bankman-Fried, whose revised bail conditions include restricted internet access and a ban from smartphone use.

The government added that Bankman-Fried had over 100 phone calls with one of the authors of the Times story prior to publication – many of which lasted for approximately 20 minutes.

The prosecution described the effort by Bankman-Fried – who faces several wire and securities fraud charges related to the alleged multibillion-dollar FTX fraud – as an attempt to discredit Ellison, characterizing it as a “means of indirect witness intimidation through the press.”
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[faultcode]

9.8.
Coinbase tells SEC it no longer thinks crypto is the future of finance
https://protos.com/coinbase-tells-sec-it-no-longer-thinks-cr…
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In a desperate fight for survival, Coinbase filed a motion to dismiss the charges on August 4. In that motion, the company backpedaled on most of its visionary claims about crypto powering any new financial system.

In a dramatic change of tone, Coinbase now says that buying crypto should be no different from buying a baseball card, American Girl doll, or Beanie Baby. It also denies that any of its assets qualify as securities under the US Supreme Court’s Howey Test.

It cited Analisa Torres in SEC v. Ripple — which a senior US district court judge has warned could be overturned — in which Torres ruled that some programmatic sales of XRP may not have qualified as investment contracts. Indeed, the SEC is already planning to appeal Torres’ ruling.
...

Coinbase claims that most digital assets are commodities instead of securities. However, the SEC designated specific assets offerings on Coinbase as unregistered securities, including AMP, Rally, DerivaDEX, XYO, Rari Governance Token, LCX, Powerledger, DFX Finance, and Kromatika.
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[faultcode]

Antwort auf Beitrag Nr.: 74.249.604 von faultcode am 02.08.23 18:39:13

2.8.
U.S. prosecutors worry Binance charges could cause run on exchange
https://www.semafor.com/article/08/02/2023/us-prosecutors-wo…
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U.S. Department of Justice officials are considering fraud charges against crypto exchange Binance, but are concerned about the cost to consumers, according to people familiar with the matter.

Federal prosecutors worry that if they indict Binance, it could cause a run on the exchange similar to the one that befell now bankrupt platform FTX, causing consumers to lose their money and potentially spurring a panic in the crypto markets, the people said.

Prosecutors are considering other options, such as fines and deferred or non-prosecution agreements, according to the people. That outcome would be a compromise, holding Binance responsible for alleged criminal behavior while reducing consumer harm.
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[faultcode]

2.8.
WSJ News Exclusive: Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.
Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown
https://www.wsj.com/articles/crypto-is-illegal-in-china-bina…
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[faultcode]

National Cryptocurrency Enforcement Team (NCET)

20.7.
WSJ: Justice Department Revamps Crypto Enforcement Team
The National Cryptocurrency Enforcement Team will become a permanent fixture of a section of the agency that investigates computer-related crimes. It will also receive a new chief.
https://www.wsj.com/articles/justice-department-revamps-cryp…
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In a speech Thursday, senior Justice Department official Nicole Argentieri said the National Cryptocurrency Enforcement Team, or NCET, would become a permanent fixture of a section within the department’s criminal division that handles a range of computer-related investigations.

The team will also get a new leader, with Claudia Quiroz serving as acting director following the departure of its current director, Eun Young Choi, Argentieri said. Choi will be moving on to a new position within the Justice Department, according to a department spokesman.

“It’s now time to bring NCET to the next level,” Argentieri said at an event in Washington, D.C., hosted by the Center for Strategic and International Studies. “Merging it into [Computer Crime and Intellectual Property Section] will give it the resources and runway to accomplish even more.”
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[faultcode]

30.6.
IRL’s ex-CEO says he’s ‘shocked’ about the company’s fake users
After raising $200 million to build the next Facebook, IRL’s ousted CEO reacts to the company shutting down and most of its users being fake, saying he “believed in our metrics.”
https://www.theverge.com/2023/6/30/23780041/command-line-irl…
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[faultcode]

28.6.
Insider Trading Is Widespread in a Popular Corner of the Crypto Market
• Signs of the activity spotted in 56% of certain popular coins
• Study by ex-Goldman technologists raises issues around trust
https://www.bloomberg.com/news/articles/2023-06-28/crypto-in…
...

--> Solidus Labs Research:

56% of Crypto Token Listings Since 2021 Show Signs of Insider Trading
https://www.soliduslabs.com/reports/crypto-insider-trading
...

[faultcode]

Das Vorgehen der SEC gegen Krypto-"Börsen" in den USA hat definitiv einen negativen, globalen Einfluss auf die Kurse, hier Dogecoin:



https://coinmarketcap.com/currencies/dogecoin/

[faultcode]

für Binance U.S. ist in Bezug auf U.S. dollars Schluss im Juni:


...
https://twitter.com/BinanceUS/status/1666996908651323393

[faultcode]

Überraschung:

5.6.
SEC Sues Binance and CEO for Alleged Securities Violations
Binance's troubles with U.S. regulators continues.
https://decrypt.co/143446/binance-hit-with-sec-lawsuit-in-la…
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As first reported by Bloomberg, the digital asset behemoth and its CEO Changpeng 'CZ' Zhao, Binance's founder and controlling shareholder, have been accused of breaking U.S. securities rules, a court filing shows. The SEC filed the case in federal court in the District of Columbia.

[faultcode]

Überraschung

to commingle = vermischen

23.5.
A REUTERS SPECIAL REPORT: Crypto giant Binance commingled customer funds and company revenue, former insiders say
https://www.reuters.com/investigates/special-report/crypto-b…
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One of the sources, a person with direct knowledge of Binance’s group finances, said the sums ran into billions of dollars and commingling happened almost daily in accounts the exchange held at U.S. lender Silvergate Bank.

Reuters couldn’t independently verify the figures or the frequency. But the news agency reviewed a bank record showing that on Feb. 10, 2021, Binance mixed $20 million from a corporate account with $15 million from an account that received customer money.

The money flows at Binance described by Reuters indicate a lack of internal controls to ensure customer funds were clearly identifiable and segregated from company revenues, three former U.S. regulators said. They said the commingling of these funds put client assets at risk by obscuring their whereabouts.

Binance customers shouldn’t “need a forensic accountant to find where their money is,” said John Reed Stark, a former chief of the Securities and Exchange Commission’s Office of Internet Enforcement.

Reuters found no evidence that Binance client monies were lost or taken.
...

[faultcode]

Number of Failed Crypto Coins, by Year (2013-2022):


https://www.visualcapitalist.com/cp/ranked-dead-crypto-coins…

[faultcode]

Crypto wird offensichtlich nur von relativ wenigen Big players kontrolliert:

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Genesis, a leading crypto lender that collapsed in January, was long a key source of funding for Alameda Research, the trading firm at the heart of Bankman-Fried’s alleged theft of customer assets from FTX.

The close relationship included opportunities for some Genesis executives to invest in cryptocurrencies Bankman-Fried helped launch, at a discounted rate before the tokens were issued to the public, according to people familiar with the matter.

The access highlights the past closeness of the groups, both now in bankruptcy, and the broader intertwined nature of the crypto industry, which is dominated by a small number of companies with various overlapping investments and interests.
...

28.3.
FT: Cheap FTX crypto tokens were offered to Genesis executives
https://www.ft.com/content/563a289c-f8f6-427e-9b6d-f4dcfaa1d…

[faultcode]

28.3.
Binance and founder Changpeng Zhao sued by CFTC for allegedly violating trading rules
https://www.cnbc.com/2023/03/27/binance-and-founder-changpen…
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The regulator alleged that Binance, Zhao, and his former top compliance officer, Samuel Lim, violated eight core provisions of the Commodity Exchange Act, including laws that require controls “designed to prevent and detect money laundering and terrorism financing.”

Zhao and his former top compliance officer, Samuel Lim, allegedly “actively cultivated lucrative and commercially important ‘VIP’ customers, including institutional customers, located in the United States,” the complaint said.

Binance and Zhao took steps to purposefully obscure where the exchange’s subsidiaries were located, the regulator said. This was part of a larger strategy that Zhao said was an effort to “keep countries clean,” the regulator alleged in the filing.
...

[faultcode]

More crypto bank shutdowns, the more prices inflate as people can’t get their money.

https://twitter.com/Bitfinexed/status/1635631775933136897

[faultcode]

https://twitter.com/DoombergT/status/1635057155178106882

$SIVB = SVB Financial Group ("Silicon Valley Bank")
$SBNY = Signature Bank (New York)

[walker333]

Antwort auf Beitrag Nr.: 73.453.329 von faultcode am 11.03.23 12:52:47

Zitat von faultcode: erst: Silvergate Bank + Silicon Valley Bank:


nun:


https://twitter.com/coinbase/status/1634399032767307776

Sie "planen" am Montag Umtauschaufträge wieder auszuführen. Na hoffentlich geht der Plan mal auf ...

Aber zunächst möchte die FED am Montag außerplanmäßig tagen. Es ginge dabei "in erster Linie um Vorschuss- und Diskontsätze". Über die Silicon Valley Bank wird garantiert nicht gesprochen werden - Ehrenwort!

[faultcode]

erst: Silvergate Bank + Silicon Valley Bank:


nun:


https://twitter.com/coinbase/status/1634399032767307776

[faultcode]

Antwort auf Beitrag Nr.: 72.869.187 von faultcode am 06.12.22 16:01:31

06.12.2022

Zitat von faultcode: man weiß ja, wie solche FUD-Dementis oft ausgehen:

Silvergate CEO:

5.12.
Silvergate Bank: Our commitment to risk management and compliance
https://www.linkedin.com/pulse/our-commitment-risk-managemen…
...

so ist es:



Last Updated: March 8, 2023 at 4:54 p.m. ET
Silvergate Capital shares tank after company announces plan to wind down bank
https://www.marketwatch.com/story/silvergate-capital-shares-…
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Silvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily liquidate its subsidiary Silvergate Bank, a crypto-friendly lender.

The liquidation plan includes full repayment of all deposits, according to Silvergate. The company is considering the best way to resolve claims and preserve the residual value of its assets, it said. Silvergate Capital’s all other deposit-related services remain operational, according to the company. The company has hired Centerview Partners as financial advisor and Cravath, Swaine & Moore LLP as legal advisor, it said.

[faultcode]

Antwort auf Beitrag Nr.: 71.583.762 von faultcode am 16.05.22 13:25:25

16.2.
SEC charges Terraform Labs and CEO Do Kwon with defrauding crypto investors
The U.S. Securities and Exchange Commission accuses Singapore-based Terraform Labs, issuer of a crashed stablecoin, and CEO Do Kwon, of fraud.
https://www.marketwatch.com/story/sec-charges-terraform-labs…
...
The U.S. Securities and Exchange Commission on Thursday charged Terraform Labs, a Singapore-based crypto company, and its chief executive Do Kwon, for a multibillion-dollar crypto asset securities fraud.

In a complaint filed with the U.S. District Court for the Southern District of New York, the SEC charges the defendants with violating the registration and antifraud provisions of the Securities Act and the Exchange Act.

Kwon could not be reached for comment.

The SEC alleges that Terraform and Kwon marketed crypto asset securities to investors with repeated claims that the tokens would rise in value. The statement from the SEC also alleges that Terraform and Kwon misled and deceived investors while marketing LUNA token, a cryptocurrency that crashed in May of 2022. Terraform and Kwon also allegedly misled investors about the stability of TerraLUNA, an algorithmic stablecoin, which depegged from the U.S. dollar leading its price to plummet to zero in May.

“We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for LUNA and Terra USD,” said SEC Chair Gary Gensler, in a statement. “We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for investors.”

Gensler also stated that this case demonstrates the lengths to which “crypto firms will avoid complying with the securities laws.”
...

[faultcode]

ich wiederhole: Bärenmarkt-Rallies können mitunter recht scharf ausfallen:


https://twitter.com/business/status/1617473986232832000
https://www.bloomberg.com/news/articles/2023-01-23/even-sam-…

[faultcode]

📢📢

https://www.asiamarkets.com/swift-network-cuts-access-to-cry…


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Tag: SWIFT