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The Latest Breaking News on Crypto

Unions NSW is the latest worker group to back cashless gaming cards as debate about problem gambling and money laundering rolls on before the state elections

AAP

Dallas company finds a way to profit off bitcoin mining without accepting the high risk

When cryptocurrency prices were on a tear during the COVID-19 pandemic, with prices peaking in November 2021, a Dallas businessman started looking for a way to benefit from the surge without accepting the high risk.

Tribune News Service

How a true crime filmmaker renamed Bernie Madoff as a ‘financial serial killer’

The director tells Clémence Michallon about his new Netflix documentary ‘Madoff: The Monster of Wall Street’, the collapse of FTX, Ponzi schemes and how history seemingly repeats itself

The Independent UK

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Lightfoot ad attacks Garcia, questions ties to indicted powerhouses Madigan, Bankman-Fried

Mayoral challenger Jesus “Chuy” Garcia’s campaign said it is “no surprise” that Mayor Lori Lightfoot is “resorting to more lies and desperate attacks” to avoid answering questions about her own ties.

Chicago Sun-Times

Key QAnon booster admitted conspiracy isn’t real in January 6 testimony and blames George Soros

Congressional inquiry released transcript of interview with alleged QAnon founder

The Independent UK

Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulators

A review found that the exchange's compliance program violated state laws, making it "vulnerable to serious criminal conduct." It will pay a $50 million fine and spend the rest beefing up oversight.

WEKU

3 Gaming Stock to Buy After the Christmas Season

Despite a slow 2022, the gaming industry is anticipated to thrive this year due to innovation and technological proliferation. Therefore, fundamentally strong gaming stocks Playtika Holding (PLTK), SciPlay (SCPL), and Gravity Co. (GRVY) could be solid buys now. Read on….

StockNews.com

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Management of five firms linked to Pegasus maker NSO is moved to London

Change could stoke controversy for spyware company amid calls for UK sanctions

The Guardian - UK

Coinbase to pay $100M in settlement with New York regulators

New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform’s systems for spotting potential criminal activity

The Independent UK

‘Kaleidoscope’ review: A heist series where the episode order doesn’t matter — or does it?

Heist stories have such a satisfying structure. It’s not just getting one over on the man, but the lead up to it as well: Putting a team together, planning the heist (the target always has it coming!), doing the heist and improvising through unexpected problems. And then that pleasurable sensation…

Chicago Tribune

Aussies stung for millions in crypto crash

The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.

AAP

Prosecutors call for France’s former spy chief to stand trial

Bernard Squarcini and 10 others await magistrates’ decision on hearing charges including influence peddling and forgery

The Guardian - UK

1 Stock That Proves You Shouldn't Buy What You Know

Chip stock NVIDIA Corporation (NVDA) is highly popular among investors. However, the company is facing demand softness in China and export restrictions. Demand for GPUs from the gaming industry has been weak. Moreover, the stock trades at an expensive valuation amid an uncertain macroeconomic environment. Therefore, it could be wise…

StockNews.com

After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

Tribune News Service

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The Guardian - UK

Madoff: The Monster of Wall Street review – grubby and jaw-dropping from start to finish

This pacy Netflix docu-series plays like a Hollywood thriller, with its trail of grimly fascinating testimonies and astonishing curveballs about the ‘financial serial killer’

The Guardian - UK

A global recession may be looming, but there is a way out of this rut

Last century investment, innovation and the fight for equality led to a huge rise in productivity. Policies to encourage those are vital now, says Guardian economics editor Larry Elliott

The Guardian - US

George Santos scandal: Democratic predecessor calls him a ‘conman’

Tom Suozzi, Santos’s forerunner for New York’s third district, says the Republican winner should be ‘removed by Congress’

France 24

FTX founder Sam Bankman-Fried pleads not guilty to fraud charges

The founder and former CEO of the cryptocurrency exchange FTX appeared in a New York court for an arraignment hearing on Tuesday. Sam Bankman-Fried's lawyers maintained his innocence amid accusations he misappropriated customer and investor funds. The trial is set for October 2 and Bankman-Fried could still change his plea.…

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Irish Mirror

iPhone and Android users warned over 'pig butchering' crypto scam targeting lonely adults

The scammer creates an account for the victim on a fake app or internet platform, allowing them to see their supposed market growth

Tribune News Service

FTX founder Sam Bankman-Fried pleads not guilty in NYC court to stealing billions from clients

NEW YORK — FTX founder Sam Bankman-Fried pleaded not guilty Tuesday in the multibillion-dollar fraud case against him in Manhattan Federal Court.

Tribune News Service

News briefs

Runoffs targeted in latest effort to tweak Georgia elections

Daily Mirror

iPhone and Android users given warning over 'pig butchering' crypto scam

Sean Gallagher, a senior threat researcher, said the tactic sees scammers recommending victims invest in a cryptocurrency scheme - before "going after the whole hog"

Tribune News Service

Sam Bankman-Fried asks judge to keep his bail guarantors secret

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

The Independent UK

Sam Bankman-Fried trying to hide identities of ‘people of considerable means’ guaranteeing his $250m bail

Mr Bankman-Fried wants the judge to keep the names of two people who are guaranteeing his bail secret

Al Jazeera

Former crypto titan Sam Bankman-Fried pleads not guilty to fraud

The 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison.

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