#crypto crisis

[cryptonewscentral]

The fear of a recession has everyone asking the same question: Is your crypto safe? Discover how economic shifts could impact your digital assets and what you can do to stay protected. #CryptoCrisis #BitcoinCrash #RecessionFears #BlockchainBuzz #CryptoSafety #DigitalAssets #EconomicShifts #CryptoStrategy #InvestSmart #MarketVolatility #FinancialFuture #HODL #CryptoSecurity #Investing101 #MarketTrends #BlockchainTech #RiskManagement #CryptoCommunity #FinanceToday #Cryptocurrency

[cerati-oficial]

Mixed feelings when people on discord are funnier than me

But yeah. The metaphors in this show aged so finely they're barely even metaphors anymore and just straight up show our reality 1:1

[dethretina]

Surf n' Turf

Not at my BREAK , no WAVES for you! We have limited waves and you need GO HOME! THIS IS OUR SURF n' TURF!

[pied-piper-pluto]

when someone comments on my post with a wildly bad faith interpretation

[safflowerseason]

An excerpt from Ben McKenzie's new book!

[beardedmrbean]

An international operation against a large-scale scheme for financial crimes, money laundering and violations of international sanctions against Russia is taking place in Sofia at the moment. According to BNT, it is the company NEXO.

The ownership of the company is related to a former member of parliament and the son of a former social minister from the NDSV political party.

The suspicions are that the Bulgarians behind the large company acted according to the scheme of Ruja Ignatova and the OneCoin pyramid led by her. The Bulgarian woman known as the "Queen of Cryptocurrencies" is in the top 10 most wanted persons by the FBI. Europol and Interpol are also on her trail.

Prosecutors, investigators from the National Investigation and SANS employees, together with foreign agents, have begun searches of the Bulgarian offices of the company that trades cryptocurrencies worldwide.

The company's operations were carried out from the Bulgarian capital, and depositors were invited to invest in bitcoins and other types of cryptocurrencies, with promises of high returns.

The interest rates that investors would receive were many times higher than those of classic banking institutions and various brokerage houses. There are reports that the owners of the company, who are Bulgarians, have appropriated part of the assets amounting to several billion dollars.

The investigation into the activities of the crypto company in Bulgaria began a few months ago, after foreign services detected suspicious transactions, which were reported to be aimed at circumventing the sanctions imposed by the European Union, Great Britain and the United States against Russian banks, as well as companies and citizens of the Russian Federation.

Georgi Shulev – representing Nexo, son of former Deputy Prime Minister Lidiya Shuleva;

Antoni Trenchev – co-founder and director of several Nexo companies, former MP from the DBG, Reform Bloc;

Kosta Kantchev – director of Nexo Bank;

Kalin Metodiev – co-founder and financial director of Nexo;

Sokol Yankov – representing Nexo;

The company, which Sokol Yankov currently manages, said that Yankov left Nexo in 2019 and has had nothing to do with the investigated group of companies since then.

Georgi Shulev's office stated to BNT that he participated in the founding of Nexo in 2018. A year later, however, he left the Nexo group of companies and is suing the co-founders in Great Britain.

According to the Bulgarian National Television, Georgi Shulev is currently being questioned as a witness.

The former MP from the Bulgarian political entity "Reform Bloc", Antoni Trenchev, and his partner in the cryptocurrency trading company Nexo, Kosta Kantchev, fled to Dubai already in the fall of last year, BNT reported. This came after allegations of particularly large-scale fraud were brought against Nexo by the prosecutors of eight US states.

Regulators in California, Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont have announced that they are suing crypto platform Nexo over tens of thousands of cases of fraud totaling at least 0 million.

Nexo claims to manage billion in digital assets.

In recent months, the FBI has been investigating the activities of the Bulgarian crypto platform due to data on a hidden hole in the amount of over 4 billion dollars from investors, due to illegal financial activity - granting loans in exchange for collateral, as well as due to reports of abuse of the securities and goods of its customers.

The DFPI announcement revealed that Nexo offered annual interest rates of up to 36% on deposited crypto-assets to investors, significantly higher than rates on short-term investment-grade fixed income securities or bank savings accounts.

More details about the police operation read here.

[the-fandom-journal]

2023 predictions

- new fish gets discovered in the deep sea

- tesla loses more money

- crypto is dead 

- covid waves incoming

- Anonymous makes a move

- climate change crisis gets worse

[shreygoyal]

View on Twitter

During 2016–2021, per coin climate damages from bitcoin were increasing with industry maturation, comparable to fossil fuels. While proponents offer BTC as “digital gold,” from a climate damages perspective it operates more like “digital crude”.

(Source)

[f1]

Mercedes keep logos of crisis-hit crypto brand FTX on their F1 cars in Brazil | 2022 Brazilian Grand Prix

Mercedes plans to continue carrying the branding of its troubled sponsor FTX at this weekend’s Brazilian Grand Prix. The cryptocurrency exchange suffered a collapse in value this week after users began withdrawing their funds en masse. Up to £5.1 billion ($6bn) is reported to have been taken out in the space of three days. A potential rescue deal involving rival cryptocurrency exchange Binance, which sponsors Alpine, fell apart on Wednesday. That has raised serious concerns over the future of FTX. Mercedes announced in September last year it had formed a “long-term relationship” with the cryptocurrency exchange which would “span multiple race seasons with the FTX logo being featured prominently on both the cars and the drivers.” It has carried their logos since then. The FTX logos appear on the nose, cockpit and rear wing end plates of Mercedes’ W13 cars (pictured above in Mexico). One of its noses was spotted without its usual FTX decal at the Interlagos circuit on Thursday, but RaceFans understands the team intends to display the FTX branding as usual when practice begins at the circuit tomorrow. FTX also launched a range of Non-Fungible Tokens (NFTs) in conjunction with Mercedes at the Miami Grand Prix earlier this year. FTX founder and CEO Sam Bankman-Fried, who said last year the Mercedes deal would “continue amplifying our position as the leading global cryptocurrency exchange”, today apologised for the company’s troubles in a lengthy social media post. “Right now, we’re spending the week doing everything we can to raise liquidity,” he said. “I can’t make any promises about that. But I’m going to try. And give anything I have to if that will make it work.” “At the end of the day, I was CEO, which means that I was responsible for making sure that things went well,” he added. “I, ultimately, should have been on top of everything. I clearly failed in that. I’m sorry.” Don't miss anything new from RaceFans Follow RaceFans on social media: Advert | Become a RaceFans supporter and go ad-free 2022 F1 season Browse all 2022 F1 season articles via RaceFans - Independent Motorsport Coverage https://www.racefans.net/

[bettreworld]

Collaborative Collective DAO Power for Ukraine (S01E01)

[ambient-sanctuary]

Energy Crisis: Data Centers, AI, and Cryptocurrency

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[cryptojournal10]

Can Crypto support Climate Recovery?

🌻 How can crypto assets help save the climate? Crypto as a powerful tool to accelerate the energy transition. 👀 🌻 SolarCoin is a token you get when you generate green solar power. ➡️ Crypto vs. climate crisis.

Can Crypto support Climate Recovery? 👀 Watch this: https://www.youtube.com/watch?v=RtF92CbATBc

[kraniumet]

using roman pierce @ the fate of the furious as an example of "well that just happened" humor. you know that's not who he is. he's the greek chorus of the f&f movies. he's the one guy who has normal priorities. never misrepresent f&f to my face kitten

[kentonralphtoews]

[immaculatasknight]

Can't control it? Destroy it.