“Gross Abuse Of Power” – Two SEC Lawyers ‘Resign’ After Judge’s Rebuke In Anti-Crypto Case | ZeroHedge

Score one for 'the law'…

In mid-March, a federal judge in Utah took the extremely unusual step of sanctioning the SEC, saying that the regulator abused its authority in a case against crypto platform Digital Licensing Inc., known as DEBT Box.

The SEC’s conduct “constitutes a gross abuse of the power entrusted to it by Congress and substantially undermined the integrity of these proceedings and the judicial process,” Robert Shelby, a federal district court judge (more…)

Continue Reading“Gross Abuse Of Power” – Two SEC Lawyers ‘Resign’ After Judge’s Rebuke In Anti-Crypto Case | ZeroHedge

‘Dubai’s Fyre Festival’: Crypto Investors Caught In Chaotic UAE Floods | ZeroHedge

Via Middle East Eye

"This Lamborghini is swimming bro," said influencer Crypto Bitlord, as his sports car battled against heavy rain in Dubai on Tuesday. He was among hundreds of crypto traders and enthusiasts who descended upon the United Arab Emirates city this week for two cryptocurrency conferences: Blockchain Life and Token2049. 

Attendees had probably expected the dry, arid conditions synonymous with the Gulf desert. Instead they were met by some of the heaviest (more…)

Continue Reading‘Dubai’s Fyre Festival’: Crypto Investors Caught In Chaotic UAE Floods | ZeroHedge

Watch Live: Countdown To The Most Important ‘Halving’ In Bitcoin History | ZeroHedge

We've previewed the shit out of this 'halving' (here, here, here, and here most recently) and now it's here.

As Bitcoin Magazine notes, this halving event – projected to occur within the next few hours – will occur as Bitcoin reaches block 840,000, marking the point at which its relative supply issuance will drop below that of gold for the first time.

Previous halvings have historically acted as a turning point in the market as the reduction in newly issued (more…)

Continue ReadingWatch Live: Countdown To The Most Important ‘Halving’ In Bitcoin History | ZeroHedge