SEC Wins Mammoth $1 Billion Judgment Against Woodbridge Group Ponzi Scheme

SEC Wins Mammoth $1 Billion Judgment Against Woodbridge Group Ponzi Scheme The U.S. Securities and Exchange Commission (SEC) announced Monday that a federal court in Florida had ordered Woodbridge Group of Companies LLC to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors.Penalties are fines paid to the governing…

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Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing

Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing One year after one of the biggest tax overhauls in American history,  a survey released on Monday has revealed that the tax cut has not brought about the anticipated huge changes to the investments and employment plans of businesses across the…

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Korea’s Biggest Crypto Exchanges Have an Internal-Hotline to Check Suspicious Trading Activity

Korea’s Biggest Crypto Exchanges Have an Internal-Hotline to Check Suspicious Trading Activity South Korea’s top cryptocurrency exchanges, even as competitors, have launched a joint initiative to strengthen their anti-money laundering efforts.According to a joint press release, Bithumb, Upbit, Corbit, and Coinone announced that they have established a joint anti-money laundering initiative. The plan includes a…

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Bitcoin-Hating Ex Starbucks CEO Howard Schultz Mulls US Presidency, Backs Blockchain

Bitcoin-Hating Ex Starbucks CEO Howard Schultz Mulls US Presidency, Backs Blockchain Billionaire Howard Schultz ― the bitcoin-bashing former CEO of Starbucks ― is considering running for US president because he’s disgusted with the bitter political gridlock he sees today.Schultz announced on Twitter that he would run as a “centrist independent” because he’s fed up with the entrenched, ineffective…

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Op-Ed: Ex-Starbucks CEO Howard Schultz Might Run for President, Here’s Why That’s Great for America

Op-Ed: Ex-Starbucks CEO Howard Schultz Might Run for President, Here’s Why That’s Great for America The Atlantic reported Sunday that former Starbuck’s CEO Howard Schultz is giving serious consideration to a presidential run in 2020 as an independent candidate.The revelation was made in a recently recorded 60 Minutes interview, The Atlantic said, in a report…

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25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk?

25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk? More than two dozen Proof-of-Stake (PoS) cryptocurrency networks are vulnerable to what has been dubbed a “fake stake” attack. The vulnerability allows a node with a very small stake to overwhelm competing nodes with false data and essentially crash them. Once competing nodes…

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