The justices examined the limits of a financial adviser’s duties and the red flags of diminished capacity.
cryptocurrency
Posted inBusiness, Maine, News
Maine secures $1.9M settlement for bitcoin kiosk scam victims
Bitcoin Depot has agreed to refund money that was taken through its kiosks by third-party scammers who defrauded Maine consumers.
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Posted inBusiness, Maine, News
How a Maine couple gave their $1.3 million retirement savings to bitcoin scammers
Larry and Barbara Cook are risking public embarrassment to spare others from a similar trauma. In the process, they’re helping to rewrite federal and state income tax laws related to fraud losses.
Posted inBusiness, Nation & World
Bitcoin has surpassed $100,000 mark as post-election rally continues. What’s next?
The cryptocurrency officially rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission.
Posted inBusiness, Nation & World
Elon Musk and Mark Cuban agree on one thing: Dogecoin is no longer a joke
The memecoin was meant to be a joke, but an increasing number of businesses accept it because of fast, low-cost payments.
Posted inEditorials, Opinion
Another View: Trump’s crypto grift is the last thing America needs
It was perhaps inevitable that the former president’s family would end up desperately hawking a crypto scheme to his most gullible supporters.
Posted inBusiness, Election 2024, Nation & World, News
Harris signals support for crypto, in potential break with Biden
In a speech in Pittsburgh about the economy on Wednesday, Harris said it was important for the United States to maintain its dominance in blockchain technology, which facilitates trade of cryptocurrencies such as bitcoin.
Posted inBusiness, Election 2024, Nation & World, News
Trump says he’ll announce a plan to make U.S. the ‘crypto capital’
Donald Trump has done a complete about-face toward the asset class, which he had considered a crime-riddled scam while he was in office.
Posted inBusiness
Crypto exchange FTX to pay $12.7 billion to fraud victims
The agreement was struck between the crypto exchange and the Commodity Futures Trading Commission.
Posted inBusiness, Nation & World, News
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
Prosecutors said Bankman-Fried had cost customers, investors and lenders over $10 billion by misappropriating billions of dollars to fuel his quest for influence and dominance in the new industry.