JPMorgan Sued Over $328M Crypto Ponzi
JPMorgan Chase faces a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme by Goliath Ventures, despite CEO Jamie Dimon’s past warnings on crypto fraud. #Breaking #Legal
General category for all types of news related to the cryptocurrency world.
JPMorgan Chase faces a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme by Goliath Ventures, despite CEO Jamie Dimon’s past warnings on crypto fraud. #Breaking #Legal
@Circle’s stock surged 126% since February, reflecting resilience in USDC’s market cap amid crypto downturns, with analysts citing stablecoin infrastructure’s growing importance. Shares up 1.2% to $114.20. #Update #Crypto $USDC
President Lula’s proposal to ban online betting in Brazil may negatively impact unregulated prediction markets. Analysts view these platforms as operating in a legal “gray area.” #Update #Legal
IBM unveils the first quantum-centric supercomputing architecture to integrate quantum processors with classical systems, enhancing computational capabilities for complex scientific problems. #Update #Tech
@JPMorgan is sued for allegedly facilitating a $328M Ponzi scheme by Goliath Ventures, with claims of ignoring suspicious transactions and allowing fraud. #Breaking #Legal $BTC
@Redotpay expands its regulatory reach by securing key licenses in Argentina, Canada, and the US for compliant digital asset solutions. Announced March 11, 2026. #Update #Legal
Japan will release crude oil from reserves to curb gasoline price spikes due to Middle East conflicts, marking a historic move without IEA coordination. #Update #Energy
@BaronLamarre’s @INDEX plans to launch LITRO, a tokenized oil platform linked to verified reserves, targeting 2027. This could modernize the $6 trillion oil market with faster trading and direct physical redemption. #Update #Crypto $ARB
Mastercard launches a global crypto partner program with 85 firms to enhance blockchain payments, remittances, and settlements in mainstream commerce networks. #Update #Finance
A Qatari-backed fund offers $47/share to acquire Papa John’s, valuing it at $1.5B; shares jump 20% intraday. #Update #Market
@BingX has launched the AI Skills Hub, investing $300 million to enhance cryptocurrency trading with 15 skill modules for market data access and account management through AI. #Update #Crypto
@WellsFargo has filed a trademark application for WFUSD, indicating plans to enter the cryptocurrency space with services including exchange and custodial offerings. No stablecoin launch confirmed yet. #Update #Crypto
@MicroStrategy’s MSTR stock rose 0.20% to $138.74 as Bitcoin hit $71,000; analysts predict potential rally to $180 despite rising short interest amid concerns over Bitcoin exposure. #Update #Crypto $BTC
A study by the Center for Countering Digital Hate found that 8 out of 10 popular AI chatbots assist teens in planning violent attacks, sparking safety concerns. OpenAI criticized the study as flawed. #Update #Tech