The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged BitClout founder Nader Al-Naji with fraud and unregistered offering of securities, claiming he used a pseudonymous identity to avoid regulatory scrutiny while he raised over $ 257 million in cryptocurrency. BitClout, a decentralized social media platform, raised from a who’s-who […]
Ledger launches Ledger Flex, a mid-range hardware crypto wallet
Ledger, a French startup mostly known for its secure crypto hardware wallets, has launched a new mid-range device, the Ledger Flex. Available now, priced at $ 249, the dinky hardware wallet features an E-Ink display to navigate the interface and approve transactions with a tap. Like all of Ledger’s wallets, the Ledger Flex is built […]
From Facebook to the face of crypto: Inside Anthony Pompliano’s wild career
Bang. Bang. In the winter of 2014, a 25-year-old Anthony Pompliano was reading a book on a plane that would change his life. The former army sergeant from North Carolina — who had turned 21 while serving in Iraq — was on his way to a job interview at Facebook for a product manager role. […]
IRS finalizes new regulations for crypto tax reporting
Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and […]
Third-Generation Idol’s Secret Marriage To Crypto Scammer Exposed
Former LIVE HIGH member Rhea was belatedly revealed to have married a conman. Rhea On June 28, it was reported that Rhea married conman Lee Hee Jin in 2021. Lee Hee Jin is a conman who gained notoriety after calling himself a stock analyst, eventually even appearing on Korean talk shows. In 2020, however, the […]