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A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors. Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam The U.S. Department of Justice (DOJ)...
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Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased...
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A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the...
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Last week as markets wobbled, tariffs seemed to be the consensus culprit. But are tariffs just an easy scapegoat? How Much Do Tariffs Matter? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the...
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DOJ asks victims to claim $7 million recovered from a global crypto scam that used fake platforms, shell companies, and coercion to drain investor funds. Feds Recover $7M—Now DOJ Urges Victims to Claim Share of Recovered Funds The U.S. Department of Justice (DOJ)... Translate »