(Natural News) What many see as a long-awaited crackdown on cryptocurrency companies and exchanges finally appears to be in full swing after the arrest of former FTX CEO Sam Bankman-Fried and the mega-billion-dollar collapse of his company, allegedly thanks to massive fraud and theft of investor funds. On Thursday, New York Attorney General Letitia James became […]

(Natural News) The crypto firm Midas Investments, which was focused on DeFi yields, will be closing down its platform in the wake of considerable losses it experienced throughout the year. The news was announced by the investment firm’s CEO and founder, Trevor Levin, in a blog post. He noted that Midas’s DeFi portfolio sustained $50 […]

(Natural News) A New England Patriots fan who used to love Tom Brady is suing the self-proclaimed Christian football star for scamming him into investing his life savings into FTX. Michael Livieratos says he decided to go the FTX route after seeing Brady in commercials endorsing the cryptocurrency. In one of them – watch below […]

(Natural News) First it was Celsius. Then it was Voyager, FTX, and Alameda. Now BlockFi is filing for bankruptcy as cryptocurrency scams continue to unravel one after another. Reports indicate that BlockFi filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey almost immediately following the implosion […]

(Natural News) The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for […]

(Natural News) Nearly five years ago, Mike Adams, the Health Ranger, released a video mocking Bitcoin and what he called “crypto-lunacy.” In light of the recent events surrounding the collapse of FTX, that video – watch below – is more relevant than ever. Adams released the video as part of a Counterthink.com animation series warning […]

(Natural News) To anyone who has used the platform, it is pretty obvious that things are not quite right and that it is probably not a good idea to store your cryptocurrency holdings there. But now there is solid proof that Coinbase really is just a government-run honeypot operation that quietly sells its users’ data […]

(Natural News) The news for cryptocurrencies keeps getting worse as Three Arrows Capital (3AC), a major cryptocurrency hedge fund, plunges into bankruptcy and fires 25% of its workforce. Rumors that the embattled fund was in trouble started gaining steam early last month, and it was hit hard by the collapse of the Terra crypto and […]

(Natural News) While the stock market continues to tank under the regime of Joe Biden, other more modern forms of currency aren’t doing very well, either, proving once again that the global power elite really do ‘control’ things. In early February, the city of Miami, for the first time, cashed out its own cryptocurrency, MiamiCoin, […]

(Natural News) Terra creator Do Kwon is apparently a longtime scam artist who also put together the failed algorithmic stablecoin “Basis Cash” (BAC), which was launched through Ethereum in 2020. Just like the now-failed Terra coin, BAC “sought to maintain a $1 peg through code, not collateral,” according to CoinDesk. BAC ultimately failed, never reaching […]