Bitcoin and other Crypto (cont.)

[jameslee32]

Bitcoin Is Up 100% This Year. It's Not Just Because of Spot BTC ETF Hype

While most observers tie bitcoin's recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto's rise.

www.coindesk.com

Sam Bankman-Fried to Testify at His Criminal Trial as Soon as Thursday

The FTX founder will directly appeal to jurors in his bid to prove he did not commit, or conspire to commit, fraud before his crypto juggernaut's spectacular collapse.

www.coindesk.com

 

[chroix]

Bitcoin Is Up 100% This Year. It's Not Just Because of Spot BTC ETF Hype

While most observers tie bitcoin's recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto's rise.

www.coindesk.com

Sam Bankman-Fried to Testify at His Criminal Trial as Soon as Thursday

The FTX founder will directly appeal to jurors in his bid to prove he did not commit, or conspire to commit, fraud before his crypto juggernaut's spectacular collapse.

www.coindesk.com

My experiment purchase is up 17% over 6 months. It’s speculative as hell but there are definitely ways to make money with it.

 

[jameslee32]

My experiment purchase is up 17% over 6 months. It’s speculative as hell but there are definitely ways to make money with it.

I'd sell a little. Gains have been hard to come by lately. Actually starting to roll over today after the 4.9% GDP report I assume.

 

[chroix]

I'd sell a little. Gains have been hard to come by lately. Actually starting to roll over today after the 4.9% GDP report I assume.

I already pulled my initial investment out so this is just to see if I can turn the profit into anything worthwhile. It’s been interesting to track. Definitely had a few times where I thought it would go up and it went down and the opposite.

 

[jameslee32]

I already pulled my initial investment out so this is just to see if I can turn the profit into anything worthwhile. It’s been interesting to track. Definitely had a few times where I thought it would go up and it went down and the opposite.

Perfect! Good luck riding it up.

 

[Get Bucket$]

I already pulled my initial investment out so this is just to see if I can turn the profit into anything worthwhile. It’s been interesting to track. Definitely had a few times where I thought it would go up and it went down and the opposite.

How did that work? You have an online account and just clicked sell and it deposited cash in your account like any other investment account?

 

[chroix]

How did that work? You have an online account and just clicked sell and it deposited cash in your account like any other investment account?

I did it through Venmo. Super easy.

 

[jameslee32]

Guilty on 7 counts.

Sam Bankman-Fried found guilty on fraud charges

A New York jury has found FTX founder Sam Bankman-Fried guilty on federal charges related to the collapse of his crypto empire. The former CEO faces a second criminal trial in March.

www.foxbusiness.com

 

[jameslee32]

Grok Coins: Elon Musk's New AI Chatbot Spurs Launch of Hundreds of Scam Crypto Tokens - Blockonomi

Elon Musk's newly launched AI chatbot Grok has sparked a flood of unrelated, fraudulent GROK tokens trying to capitalize on the hype

blockonomi.com

 

[jameslee32]

Binance, world's largest crypto exchange, to pay $4.3 billion fine as CEO pleads guilty to federal charges

The world's largest cryptocurrency exchange platform admits it did not take appropriate steps to prevent money laundering on its site.

www.cbsnews.com

Attorney General Merrick Garland, Treasury Secretary Janet Yellen, Deputy Attorney General Lisa Monaco and other federal officials announced the multi-billion-dollar settlement on Tuesday.

"Binance was allowing illicit actors to transact freely, supporting activities from child sexual abuse, to illegal narcotics, to terrorism, across more than 100,000 transactions," Yellen told reporters Tuesday. "That includes transactions associated with terrorist groups like Hamas's Al-Qassam Brigades, Palestinian Islamic Jihad, Al Qaeda and ISIS."

"Using new technology to break the law does not make you a disruptor," Garland said. "It makes you a criminal."

 

[jameslee32]

Hackers really love their BTC. 🤣

 

[jameslee32]

 

[chroix]

I have made a 100% return at this point and pulled my initial investment out so it’s all house money. Really interested to see what it does.

 

[jameslee32]

I have made a 100% return at this point and pulled my initial investment out so it’s all house money. Really interested to see what it does.

In October or now?

 

[chroix]

In October or now?

Pulled the initial investment back in October. Just grew what I’d earned to the point where I’ve made the same amount I’d initially invested.