What can the U.S. do about a Bahamas-based company? We’re about to find out.
“Where’s the money?” is what people don’t really know. And the assumption that’s going on right now in the markets is that Alameda ran into some problems, and they transferred some of the customer money in these liquid assets like Bitcoins into Alameda to cover some of the bets that Alameda made.
Spiritually, this feels like fraud. Given this lack of a regulatory scheme for crypto in the US and elsewhere, is there anything that jumps to your mind that could potentially be thekind of fraud? Or is this just people getting bilked because there are no rules to prevent it? But certainly, things are murkier when they’re abroad. You’re farther away from our traditional locations of SEC or other governmental transaction regulation. And so I would think that’s one component of the strategy to relocate headquarters.doing in the U.S. is going through Chapter 11 bankruptcy. In bankruptcy, people who are owed money fight over who gets it.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Motley Fool: Brookfield Renewables is a wealth creator that’s growing fastBrookfield Renewable Corp. has been a phenomenal wealth creator over the years. The renewable energy giant has delivered roughly 17% annualized total returns...
Read more »
Congress aims to fast-track weapons aid to Taiwan amid tensions with ChinaThe US may send billions in weapons to Taiwan in an effort to ward off an invasion by China. Presidents Biden urged China to remain peaceful in a meeting with Xi Jinping in Bali.
Read more »
Vespa's most powerful scooter shown to put dolce vita on fast-forward - AutoblogVespa's most powerful scooter is the 2023 GTV, which packs a 23.8-horsepower engine, more tech than you'd expect, and a sporty design.
Read more »
Opera's desktop browser now includes fast access to TikTok | EngadgetOpera's desktop web browser now gives you quick access to TikTok..
Read more »
The Fast Times and Bizarrely Long Afterlife of the New York 2000s Rock Explosion'Meet Me in the Bathroom' revisits the moment when the Strokes, the Yeah Yeah Yeahs and their insane NYC peers made rock dangerous again. Rob Sheffield and Lizzy Goodman on how the doc recaptures the moment—and why it's more vital than ever.
Read more »
Baltic’s Newest Sailing Yacht Is Designed for Both Fast Offshore Cruising and Competitive RacingThe 80-footer was built for an experienced yachtsman.
Read more »