Banks expand crypto ties to capture IPO deals under Trump: report
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is […]
Trump’s crypto ties could cause ‘havoc,’ $70b hedge fund warns
A $71 billion hedge fund warns that Trump’s support for crypto is fueling mania that could eventually end in market turmoil. Crypto is booming, but not everyone is cheering. A $70 billion hedge fund says President Donald Trump‘s support for cryptocurrencies could end in disaster. Elliott Management warns that crypto is at the center of […]
Elizabeth Warren presses Trump’s commerce pick Lutnick over Tether ties
Senator Elizabeth Warren has demanded answers from Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, regarding his financial ties to Tether. Ahead of Lutnick’s Senate confirmation hearing, Warren sent a letter questioning his ability to serve impartially while maintaining connections to Tether (USDT). Warren cited Lutnick’s role as CEO of Cantor Fitzgerald, a key […]
Vietnam police dismantle $1m QFS crypto scam claiming ties to ancient treasures
Authorities in Vietnam have cracked down on a major cryptocurrency scam that defrauded over 400 locals and 100 businesses out of roughly $1.17 million. According to local media, the Hanoi police have apprehended the general director and seven key suspects involved in a cryptocurrency fraud scheme involving the sale of a fake token created and […]
