Wednesday, January 12, 2022 14:25:41 UTC
Kim Kardashian, Floyd Mayweather Jr., and others are being sued for allegedly guiding investors into a cryptocurrency "pump and dump" scheme.
According to the class-action complaint filed last Friday in the United States District Court for the Central District of California, the celebrities and other defendants are accused of making "false or misleading statements to investors about EthereumMax through social media advertisements and other promotional activities." Defendants include the company's co-founders and others, in addition to the three celebrities.
EthereumMax is described as a "speculative digital token produced by a secretive group of cryptocurrency engineers," according to the complaint. According to the report, celebrities advised their millions of social media followers to acquire cryptocurrencies and then sell when the price rose.(More)
#coin #sq #mara #kimkardashian #coinbase #crypto #bitcoin #ethereummax #floydmayweather
RELATED:
Thu, Feb 29, 24
Crypto exch to refund $1.1 billion
Mon, Jan 10, 22
PayPal stablecoin possible
Fri, Jan 7, 22
Bitcoin dumps to $41k
Wed, Dec 8, 21
Amazon Web Services crash aftermath
Wed, Oct 6, 21
U.S. won't ban crypto
RELATED:
Thu, Feb 29, 24
Crypto exch to refund $1.1 billion
Mon, Jan 10, 22
PayPal stablecoin possible
Fri, Jan 7, 22
Bitcoin dumps to $41k
Wed, Dec 8, 21
Amazon Web Services crash aftermath
Wed, Oct 6, 21
U.S. won't ban crypto
Monday, January 10, 2022 13:51:49 UTC
PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.
PayPal isn't the first internet company to consider developing its own cryptocurrency. Diem is a stablecoin developed by Meta Platforms Inc., previously Facebook, and Visa Inc. has permitted a stablecoin backed by the US dollar to settle a transaction with the network.(More)
PAYPAL STABLECOIN POSSIBLE
Monday, January 10, 2022 13:51:49 UTC
PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.
PayPal isn't the first internet company to consider developing its own cryptocurrency. Diem is a stablecoin developed by Meta Platforms Inc., previously Facebook, and Visa Inc. has permitted a stablecoin backed by the US dollar to settle a transaction with the network.
#pypl #sq #amzn #jpm #paypal #crypto #stablecoin #bitcoin #iphone #apple #facebook #meta
Friday, January 07, 2022 10:50:56 UTC
According to Goldman Sachs, Bitcoin has the potential to exceed the $100,000. This prediction comes as Bitcoin tumbles to $41,115 USD.
Goldman said this high in the future years could happen if investors increasingly perceive the top cryptocurrency as a store of value.
Bitcoin, according to Goldman Sachs, accounts for roughly 20% of the "store of value" market, which generally refers to assets like gold that hold their value without considerable depreciation.(More)
BITCOIN DUMPS TO $41K
Friday, January 07, 2022 10:50:56 UTC
According to Goldman Sachs, Bitcoin has the potential to exceed the $100,000. This prediction comes as Bitcoin tumbles to $41,115 USD.
Goldman said this high in the future years could happen if investors increasingly perceive the top cryptocurrency as a store of value.
Bitcoin, according to Goldman Sachs, accounts for roughly 20% of the "store of value" market, which generally refers to assets like gold that hold their value without considerable depreciation.
#coin #sq #pypl #mara #coinbaseglobalinc #coinbase #crypto #bitcoin #robinhood
U.S. WON'T BAN CRYPTO
10.6.21 12:57 AM UTC
SEC Chairman Gary Gensler said that the U.S. will not ban cryptocurrencies, but will see that the industry is regulated.
U.S. WON'T BAN CRYPTO
Wednesday, October 06, 2021 00:57:46 UTC
SEC Chairman Gary Gensler said that the U.S. will not ban cryptocurrencies, but will see that the industry is regulated.
#crypto #bitcoin #garygensle #jeromepowell #robinhood #federalreserve
CRYPTO EXCH TO REFUND $1.1 BILLION
N/A
Gemini will return $1.1 billion to customers who invested in its defunct loan program.
CRYPTO EXCH TO REFUND $1.1 BILLION
N/A
Gemini will return $1.1 billion to customers who invested in its defunct loan program.
#coin #sq #pypl #mara #coinbaseglobalinc #coinbase #crypto #bitcoin #ethereummax #gemini