MicroStrategy and Michael Saylor settle tax case for $40M

In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.

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HK SFC: Two Former Brokers Sentenced to Jail Over False Trading

Two former brokers face jail for false trading in Hong Kong. (Read More)

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ZKsync X Hacker Spreads False Information About SEC Investigation in Attempt to Manipulate Token Price

ZkSync X Faces Account Hack Allegations, Denies SEC Probe Rumors and Token Price Plummet Recently, ZkSync X, a prominent blockchain platform, was embroiled in controversy after reports surfaced claiming that user accounts were compromised. These allegations led to widespread panic among investors, resulting in a sharp decline in the value of the platform’s native token. [...]

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Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom

A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request Invalidated by Montenegrin High Court For the past 62 days, Do [...]

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Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’

The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters in history.” Binance’s CEO on ‘Wrong Narratives’ About FTX and Sam Bankman-Fried The CEO of

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What is a bull trap, explained

A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.

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Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers

After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain individuals attribute this economic turmoil to the actions of central banks, Andrew Bailey, the governor of the Bank of England, firmly [...]

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Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’

In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult” and argued that the “vast majority” of them are actually newcomers to

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