CATEGORY Bitcoin

Two bitcoin traders charged with fraud – CNNMoney


CNNMoney

Two bitcoin traders charged with fraud
CNNMoney
The CFTC charged McDonnell and his company, known variously as CabbageTech and Coin Drop Markets, with fraud and misappropriation in their trading of bitcoin and litecoin, which also experienced a meteoric runup last year. CNNMoney was unable to
Staten Island-based ‘CabbageTech’ charged with bitcoin-related fraud after promising 300% returns in a weekCNBC
Bitcoin currency operators slapped with lawsuits alleging fraudCNET
Federal regulators file fraud charges against three bitcoin operatorsDigital Trends
Engadget –Bloomberg –BGR
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Bitcoin was supposed to kill Western Union — that hasn’t happened – Yahoo Finance


Yahoo Finance

Bitcoin was supposed to kill Western Union — that hasn’t happened
Yahoo Finance
Bitcoin was envisioned as a “peer-to-peer electronic cash system” in Satoshi Nakamoto’s original 2008 white paper, and one of its biggest appeals was frictionless international payments. Bitcoin promised shorter transfer times and lower transfer fees

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Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated – Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
Sheila Bair, former US Federal Deposit Insurance Corporation (FDIC) chair, told CNBC’s “Fast Money” on Friday, Jan. 19 that there is no precedent to ban Bitcoin (BTC) as an asset, but there is a need for additional regulation of digital currencies

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Staten Island-based ‘CabbageTech’ charged with bitcoin-related fraud after promising 300% returns in a week – CNBC


CNBC

Staten Island-based ‘CabbageTech’ charged with bitcoin-related fraud after promising 300% returns in a week
CNBC
The U.S. Commodity Futures Trading Commission announces Friday it has charged Patrick K. McDonnell and his company CabbageTech with “fraud and misappropriation in connection with purchases and trading of Bitcoin and Litecoin.” The company promised

Bitcoin Is Likely to ‘Totally Collapse and Be Forgotten,’ Nobel Prize-Winning Economist Says – Money Magazine


Money Magazine

Bitcoin Is Likely to ‘Totally Collapse and Be Forgotten,’ Nobel Prize-Winning Economist Says
Money Magazine
Robert Shiller, the Nobel Prize-winning Yale economist who predicted the housing bubble, says that he is mystified by the rise of Bitcoin—but ultimately regards the cryptocurrency as a speculative bubble that is likely to burst. Speaking with CNBC in
Yale Prof. Shiller Thinks Bitcoin’s ‘Bubble’ Could Actually ‘Linger 100 YearsCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
Bitcoin price WARNING: Cryptocurrency bubble might ‘TOTALLY COLLAPSE’ – or last 100 yearsExpress.co.uk
Bitcoin ‘likely’ to collapse, but could last 100 yrs – Nobel laureate Robert ShillerRT

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