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The Latest Breaking News on Crypto

Britain ‘seen as haven for fraudsters’ as 1% of cases result in charges, say MPs

The ‘Inaction Fraud’ hotline was criticised by MPs.

The Independent UK

ASX breaks seven-week losing streak on the back of stable commodity prices, builders Lloyd Group and Porter Davis collapse — as it happened

The ASX is on track to finish the day's trade with its first weekly gain in seven weeks as stable commodity prices bolster mining stocks. Look back on the day's events as they happened with our blog.

ABC News

At India Ahead, content in rewind, and salaries paused despite continuing ads

Stale content could be a recipe for disaster in the news broadcasting business. But not for India Ahead. Well, almost.

Newslaundry

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FTX Founder Sam Bankman-Fried Accused Of Bribing Chinese Officials With $40M In New Indictment

Zenger

US and Korea seek extradition of crypto fugitive

PODGORICA, Montenegro: The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said on Wednesday, just days after he was arrested in the Balkan nation.

Bangkok Post

Montenegro: South Korea, US seek extradition of Do Kwon

Montenegro says both South Korea and the United States have formally requested extradition of Terraform Labs founder Do Kwon, who is wanted in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world

The Independent UK

S.Korea, US seeking extradition of crypto entrepreneur Do Kwon -Montenegro

South Korea and the U.S. are seeking the extradition of Do Kwon, an international fugitive accused of a multibillion-dollar fraud, and another suspect arrested in Montenegro last week, the Montenegrin Justice Minister Marko Kovac said on Wednesday.

Reuters

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Binance hid extensive links to China for several years

Company documents show crypto exchange relied on country long after it said it had left in 2017

Financial Times

WeWork mugs for $500: 10 of the strangest merch items from companies that crashed

FTX fortune cookies and Theranos gift cards offer souvenirs from recent business disasters

The Guardian - US

Share market operator probed for bungled system upgrade

Corporate watchdog ASIC is investigating Australian share market operator ASX for potential breaches after a botched overhaul of its transaction system.

AAP

Sam Bankman-Fried charged in US with bribing Chinese officials

Sam Bankman-Fried was charged with bribing Chinese officials, adding a new dimension to the U.S. government’s case against the FTX co-founder.

Tribune News Service

Bankman-Fried charged with bribing Chinese officials

FTX founder Sam Bankman-Fried has been charged in the United States with directing $US40 million ($A60 million) in bribes to one or more Chinese officials.

The New Daily

Robocall relief? FTC announces lifetime ban for auto warranty telemarketers

Consumers across the United States might not be getting as many of those annoying “warranty services” robocalls now that a South Florida network of businesses agreed to a lifetime ban.

Tribune News Service

Crypto holders urged to 'try not to panic' as inflation may cause crash

Turbulence in the crypto market can lead a lot of people to panic and sell their coins

Irish Mirror

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The Independent UK

Bankman-Fried charged with paying $40M bribe to China

A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business

The Guardian - UK

Why won’t the Gambling Commission suspend licences of firms that break rules?

William Hill has received a record £19.2m penalty, but government must toughen outdated laws

StockNews.com

Is Buying Visa’s Stock Finally Paying Off?

Despite several challenges, payment company Visa (V) has come a long way and is expected to keep benefiting from the rise in cashless transactions. However, is buying the stock paying off? Keep reading to find out.

The Guardian - UK

UK government drops plans for NFT made by Royal Mint

Labour criticises Rishi Sunak ‘vanity project’ announced weeks before collapse in value of cryptocurrencies

Get all your
news in one place.

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Los Angeles Times

Commentary: How Big Tech’s predatory culture fuels failures like Silicon Valley Bank

After 20 years of what appeared to be unstoppable growth, America’s tech industry has spent the past year underperforming the rest of the economy. Product failures in new industries like virtual reality and cryptocurrency, layoffs across the board, lower stock prices, and the failure of Silicon Valley Bank create a…

Tribune News Service

Binance isn’t FTX. It’s much bigger and more systemically important to crypto

In every single corner of the crypto landscape, one name pops up: Binance.

Tribune News Service

The most striking claims in the CFTC’s lawsuit against Binance

The top U.S. derivatives regulator’s lawsuit against crypto giant Binance Holdings Ltd. and Chief Executive Officer Changpeng Zhao hammers at the company’s alleged concealment of rules violations in a breakneck pursuit of growth.

The Independent UK

South Dakota gov's veto of cryptocurrency regulations upheld

South Dakota’s House has failed to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state

The Guardian - UK

US regulator sues crypto exchange Binance and boss Changpeng Zhao

Complaint alleges firm grew US business despite stated intent to block US customers from platform

Bangkok Post

WeTV joins forces with partnership and viewer communities,

Since the Covid-19 pandemic that has shifted the world, including the media industry, toward online activities and platforms, OTT platforms have been constantly on the rise.

The Guardian - AU

Meta slammed over scam ads on Facebook featuring Australian TV personalities

TV networks Seven, Nine and Ten tell Senate inquiry that fake news stories and crypto scam ads featuring stars like David Koch and Karl Stefanovic are causing harm to consumers

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