CRYPTO

Authored by Michael Wilkerson via The Epoch Times,

Sam Bankman-Fried, commonly known as SBF, goes on trial later this week for his role as founder and CEO in the collapse of crypto exchange FTX, in what prosecutors allege was a $40 billion fraud. Some sympathetic observers, such as Michael Lewis, the author of The Big Short and Liar’s Poker, and now biographer of SBF, paint the founder as a more or less innocent victim of a bank run, and perhaps even a misunderstood genius. This is (more…)

Authored by 'L0la L33tz' via BitcoinMagazine.com,

In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. Sterlingov would “jeopardize numerous law enforcement investigations and impact the effectiveness of law (more…)

Authored by Kane McGukin via BombThrower.com,

Bear markets in Bitcoin are brutal… and long. They’ve historically seen prices fall 70-80%+ and last about 1,000 days.

However, each time (3) the market tends to forget just how bad a Bitcoin bear market is. That’s where we are now.

You’re hearing calls that this is the worst bear market ever and it’s so much longer than before. It’s not. It’s inline and has similar characteristics to all of the past Bitcoin bears. From (more…)