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Crypto

Shaurya Thapa
Shaurya ThapaNov 17, 2022 | 14:17
FTX founder Sam Bankman-Fried now faces lawsuit along with celebs Larry David, Naomi Osaka

Ever since the cryptocurrency exchange FTX filed for bankruptcy on November 11, 30-year-old Sam Bankman-Fried has been swimming in troubled waters. The founder and former CEO of FTX now finds himself in the midst of a class action lawsuit against him, as well as FTX's celebrity backers such as TV personality Larry David, tennis player Naomi Osaka, and retired basketballer Shaqille O' Neal.

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Akshata Kamath
Akshata KamathNov 17, 2022 | 08:00
How the FTX crypto crash will affect the world

The impact of the FTX crash is not just limited to the investors who invested in these companies. It is also set to affect the crypto industry, the regulations industry, the philanthropist entities, and a shift of money into government-backed treasury bills. This is also set to trigger more crashes in share prices of other related companies (just like it happens in a recession) and reduce trust in 'experts'.

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Amrutha Pagad
Amrutha PagadNov 14, 2022 | 16:00
Crypto King Sam Bankman-Fried's net worth was $16 billion. It crashed down to ZERO in a day

If you had heard of FTX before November 2, you would have known the company as one of the biggest crypto exchange platforms in the world. Now, the company is worth nothing, allegedly run by a 'gang of kids' who all dated each other.

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Amrutha Pagad
Amrutha PagadOct 04, 2022 | 14:19
Kim Kardashian had to pay $1.26 million fine for Instagram post on EthereumMax crypto

For billionaire Kim Kardashian, $1.26 million is mere change. But even then, the $1.26 million is a costly fine to pay for a small Instagram post. American reality TV star Kim Kardashian is forced to pay $1.26 million (Rs 10.25 crore) in fine to the US SEC for an Instagram post she put out 2021.

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Amrutha Pagad
Amrutha PagadSep 08, 2022 | 15:13
Islamic State is now luring people via NFTs. What does it mean?

NFTs are the funky, futuristic place for crypto bros and cool people. But who knew that even terror groups like the IS (Islamic State) would be into the funky trading? Move aside Bored Ape, it's time for some terrorist propaganda NFTs to steal the limelight.

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Amrutha Pagad
Amrutha PagadSep 01, 2022 | 16:41
An Aussie woman invested $100 in crypto platform, got $10.5 million. Don't try it though

What if you became a millionaire overnight without actually having to work for it? In the world of crypto, it is possible. But it's not how you think. An Australian woman invested $ 100 (nearly Rs 7,900) in a crypto exchange platform and ended up with… hold your breath…

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Amrutha Pagad
Amrutha PagadAug 12, 2022 | 10:06
Remember the instant loan app harassers? ED thinks crypto exchange WazirX helped them

In 2020, the Hyderabad police launched an investigation into illegal instant loan apps. The loan apps were harassing borrowers to the extent that some died by suicide. Now, ED has found its links to the crypto exchange platform WazirX.

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