Category: Politics

  • WSJ: Crypto has an insider trading problem

    WSJ: Crypto has an insider trading problem

    Cryptocurrency traders know that insider trading is a serious problem. Is anything going to be done about it? We’ve been reporting on the collapse of UST and LUNA. And while algorithmic stablecoins are looking a lot like a ‘pyramid’ scheme, there’s another scheme that cryptocurrency traders need to be wary of that’s typically associated with […]

  • IMF head calls algorithmic stablecoins a ‘pyramid’ scheme

    IMF head calls algorithmic stablecoins a ‘pyramid’ scheme

    The head of the International Monetary Fund called algorithmic stablecoins a pyramid scheme. The collapse of TerraUSD and LUNA continues to send shockwaves through the crypto market. As we have previously reported: In May 2022, TerraUSD fell to a low of 15 cents. Although it was pegged to the US dollar based on a complex […]

  • SEC names Twitter user @AlexDelarge6553 in stock market pump and dump scheme

    SEC names Twitter user @AlexDelarge6553 in stock market pump and dump scheme

    Investing has always been challenging, especially for amateurs. Scammers are everywhere. As time has progressed, they have become bolder than ever. Such is the recent case of Steven Gallagher, who was recently caught the attention of the US Securities and Exchange Commission for using social media – mainly Twitter – to run what the government […]