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Cryptocoins News / The Cointelegraph ​ - 3 years ago

FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion

The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform. A class-action suit led by Edwin Garrison has been filed...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

FTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion

The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on YouTube. A class-action suit led by Edwin Garrison has been filed against “FTX...

Bitcoin News / Bitcoin.com - 3 years ago

On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move

A day of important macroeconomic news in the U.S. and Europe sees BTC price action circling the all-important $25,000 zone. Bitcoin (BTC) rebounded for a fresh challen...

Bitcoin News / Bitcoin.com - 3 years ago

Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’

Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporti...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Swiss National Bank says it would support credit Suisse if necessary

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse. The Swiss National Bank (SNB) and the Swiss Finan...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Swiss National Bank says it will support credit Suisse if necessary

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse. The Swiss National Bank (SNB) and the Swiss Finan...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

BTC price attempts to break toward the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls. Bitcoin (BTC) kept bears sweating near...

Cryptocoins News / CoinJournal - 3 years ago

Bitcoin price recovery at risk amid new Credit Suisse crisis

Bitcoin and other financial assets now have a Credit Suisse problem. Credit Suisse credit default swaps signal that the company could collapse. Credit Suisse stock price plunged by 20% and reached a record low. Bitcoin price came under intens...

Cryptocoins News / Blockchain  - 3 years ago

Stargate Foundation advised against reissuing STG token

Stargate Foundation has been advised against reissuing the STG token by its DAO due to concerns raised by FTX liquidators following the bankruptcy of FTX and Alameda Research's wallets being hacked for roughly $500 million. (Read More)

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Stargate foundation advises DAO against reissuing STG tokens

The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay....

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report

The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. A group of shareholders have reportedly filed a l...