American billionaire Bill Ackman said that Terra’s collapse shared similarities with a pyramid scheme that had no underlying business.
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'Missed Doge, Get Floki' Crypto Ad Banned in United Kingdom
“MISSED DOGE, GET FLOKI,” read a crypto advertisement found throughout London’s public transport system since last November. Now, the UK’s advertising authority has banned the marketing campaign. Floki refers to a memecoin called Floki Inu, […]
CoinFLEX Opens Limited Withdrawals Amid Dispute With Bitcoin Evangelist Roger Ver
Trading platform CoinFLEX today announced limited withdrawals for customers after freezing them last month amid a dispute with prominent crypto investor Roger “Bitcoin Jesus” Ver. The company said in a Thursday blog post that users […]
Scaramucci’s Firm Pauses Investor Redemptions for Fund With Bitcoin, Ethereum Exposure
Legion Strategies, a hedge fund affiliated with Anthony Scaramucci’s Skybridge Capital, has halted investor redemptions, according to a Bloomberg report citing people familiar with the decision. The move reportedly comes after steep declines in stocks […]