Anthony Scaramucci Slams SBF, Calls him Bernie Madoff of Crypto

Anthony Scaramucci said that he thought SBF was Mark Zuckerberg of crypto but he turned out to be Bernie Madoff of crypto.

Parth Dubey January 17, 2023 at 09:18 UTC (1 minute ago) Anthony Scaramucci said that he thought SBF was Mark Zuckerberg of crypto but he turned out to be Bernie Madoff of crypto. The Skybridge Capital founder believes that the “ninth circle of hell” is reserved for Bankman-Fried for betraying his trust. Despite being “betrayed” … Read more

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research – Bitcoin News

Senator Calls on Sam Bankman-Fried to Testify About Failure of FTX and Alameda Research

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the failure of both entities that was caused, at least in part, by the clear … Read more

JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation – Featured Bitcoin News

JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation

JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Dimon Compares Crypto to Pet Rocks The chairman and CEO of global investment bank JPMorgan … Read more

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this and more just below in this edition of the Bitcoin.com News Week … Read more

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News

US Treasury's Yellen Says Crypto Industry Doesn't Have Adequate Regulation — Calls FTX Collapse 'a Lehman Moment'

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for … Read more

Putin Calls for International Settlements Based on Blockchain and Digital Currencies – Finance Bitcoin News

Putin Calls for International Settlements Based on Blockchain and Digital Currencies

Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir … Read more