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Goliath Ventures CEO Arrested Over $328M Crypto ‘Ponzi Scheme’

Goliath Ventures CEO has been arrested in connection with a $328 million cryptocurrency Ponzi scheme. Authorities allege that the scheme defrauded thousands of investors by promising high returns on crypto investments that were never realized. The CEO reportedly used funds from new investors to pay returns to earlier investors, a classic hallmark of Ponzi schemes. Law enforcement is continuing to investigate the operation, and additional arrests may follow. The case highlights ongoing concerns about fraud in the rapidly evolving cryptocurrency market.

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Grant Cardone plans to tokenize his firm's $5 billion real estate portfolio

Grant Cardone is set to tokenize his firm's $5 billion real estate portfolio, aiming to make real estate investments more accessible to a broader audience. The initiative will allow investors to purchase fractional ownership in properties through blockchain technology. Cardone's move is part of a growing

'Someone's Looking for a Pardon': Senators Rebuke Sam Bankman-Fried's Crypto Bill Support

Senators have expressed strong opposition to a proposed cryptocurrency bill supported by Sam Bankman-Fried, the founder of FTX, amid concerns over its implications for regulation and consumer protection. Critics argue that the bill favors large crypto firms and undermines efforts to create a fair regulatory framework. Some lawmakers believe that

U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model

The U.S. regulator's recent proposal, dubbed GENIUS, raises concerns for the crypto sector, particularly regarding the stablecoin model. The initiative aims to impose stricter regulations on stablecoins, which could significantly impact their operation and adoption. Critics argue that these regulations may stifle innovation and limit the growth

There’s a New DeFi Bill in Congress—What Does That Mean for Crypto Market Structure?

A new DeFi bill has been introduced in Congress, aiming to establish a regulatory framework for decentralized finance. The legislation seeks to clarify the roles of various stakeholders in the crypto market, including developers and users, and to ensure consumer protection. Proponents argue that the bill could foster innovation and

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Grant Cardone plans to tokenize his firm's $5 billion real estate portfolio

'Someone's Looking for a Pardon': Senators Rebuke Sam Bankman-Fried's Crypto Bill Support

U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model

There’s a New DeFi Bill in Congress—What Does That Mean for Crypto Market Structure?