Well, that happened fast. No need to go into the background of the FTX fraud and collapse that has decimated the crypto world over the last week, if you want a more detailed breakdown on that, look here. Let’s cover the fun stuff: jail time. How much of it? Where? and When? To make thatContinue reading “What Will SBFs Jail Time Look Like Compared to Other Financial Fraudsters?”
Tag Archives: Crypto
FTX Under Investigation by SEC & CFTC
It was announced this morning by Bloomberg that the SEC and CFTC are in the midst ongoing investigations involving FTX. The investigations are centered around handling customer funds, which is ironically SBF’s (FTX’s founder) ‘top’ priority. However, not only is the SEC probing on the customer funds issue, they’re also looking into FTX’s relationship withContinue reading “FTX Under Investigation by SEC & CFTC”
IRS Building ‘Hundreds’ of Crypto Cases — Should You Worry?
Jim Lee, the head of the IRS’ Criminal Investigation division, recently said that the IRS is building hundreds of crypto cases to be publicly released soon. Reportedly, the focus is going to be “off ramping” transactions and non-reported crypto related income for services rendered. So, this begs the question, should you be worried? Well, thatContinue reading “IRS Building ‘Hundreds’ of Crypto Cases — Should You Worry?”
SBF’s Regulatory Proposals
Sam Bankman-Fried is the Founder and CEO of FTX (a well-known crypto exchange) and Founder of Alameda Research (a quantitative cryptocurrency trading firm). Sam has been at the forefront of crypto’s surge to the mainstream over the past 5 years, and even detractors of the young billionaire can’t deny his influence on the space. TheContinue reading “SBF’s Regulatory Proposals”
Insider Trading in Crypto
In the crypto arena it’s common to see charts that go parabolic for the first day and then have a steep drop off thereafter. To a normie, this chart makes no sense, however, to an experienced trader, this chart reeks of insider info. Typically what happens in a chart like this is that insiders getContinue reading “Insider Trading in Crypto”
A Beginner’s Guide to DAOs (and limiting liability if you’re in one or forming one)
If you’ve been in the crypto space for any amount of time you’ve probably heard the term DAO tossed around more than a frisbee at a family BBQ. Thing is, what is a DAO? According to some people, their Discord “alpha” chat is a DAO, but the reality is that’s flat out wrong. Other importantContinue reading “A Beginner’s Guide to DAOs (and limiting liability if you’re in one or forming one)”
Paid Shills With No Disclosure
It’s no secret there are tons of influencers out there getting paid to shill projects. These payments come in the form of USD, SOL, whitelist tokens, NFTs or any other manner of consideration a dev team can offer. Paid shills will continue to happen both in the shitcoin and NFT spaces probably forever. However, theContinue reading “Paid Shills With No Disclosure”