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Lawyers Push SEC to Approve Grayscale Bitcoin ETF ‘Expeditiously’
6.9.2023
Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a unanimous ruling by a panel of the U.S. Court...
Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty
24.7.2022
In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that it wants the tax bill settled before the...
Aussie consumer group calls for better crypto regs due to ‘lagging laws’
31.5.2022
Australian consumer group CHOICE outlined its crypto regulatory framework in a submission to the country’s Treasury calling for the new federal government to prioritize crypto in its financial services reforms
Hades Wins A Hugo Award, Making History As First Video Game To Ever Do So
19.12.2021
Yesterday, Hades made history by becoming the first video game to ever win a Hugo Award, an annual literary award presented to the best science fiction or fantasy works from the previous year.Read more
Axiom Verge 2: The Kotaku Review
19.8.2021
There were times early on in Axiom Verge 2 when I wanted to stop playing. I’m glad I didn’t. For all my problems with the game, by the end it had me completely enthralled. Lovely art, haunting music, and a packed constellation of obstacles and shortcuts elevate an often frustrating side-scrolling...
South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
8.7.2021
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July...
8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims
5.7.2021
A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors....
Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit
18.6.2021
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application...
The (Un)cancelation of David Dobrik
17.6.2021
A month ago, YouTube darling David Dobrik went on a YouTube hiatus following allegations that a former member of his vlogging group sexually assaulted a woman during the filming of a now-deleted video. Around the same time, news came out that a close friend of Dobrik’s was gravely injured in...
South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme
10.6.2021
New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to perpetuate the Ponzi scheme. Undeclared Losses...
Starbucks Customers Can Now Pay With Bitcoin via Bakkt’s Digital Wallet App
5.4.2021
Starbucks customers can now pay for items with bitcoin by leveraging the Bakkt digital wallet application. Bakkt’s CEO, Gavin Michael explained that 500,000 users participated in testing before the launch, as the company says it looks forward to expanding crypto assets to everyone. You...
A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator
1.4.2021
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority...
Here are the nominees for the 93rd Academy Awards
15.3.2021
There will be no celebrity selfies at the Oscars this year. The ceremony itself will be split between two locations: the Dolby Theatre on Hollywood Boulevard—where the Oscars have been held since 2002—and a new spot, Los Angeles’ Union Station, chosen for its “cavernous” size. Festivities at both...
The Best Things We Paid Real Money for in 2020
31.12.2020
For better or for worse, in many ways, 2020 was defined by capitalism, a system unprepared to provide as many hospital beds as there are sick people during a pandemic. Or PPE gear to health care workers exposed to those sick people. Or even face masks to those ordinary people just trying to shop...
South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins
19.12.2020
South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam. The regulator says its decision to press charges follows an investigation into...
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
16.7.2020
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto...
$13B Custodian Launches Retirement Account Supporting Bitcoin
27.5.2020
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets
Kingdom Trust Partners With Kraken to Offer Hybrid Crypto-Fiat Retirement Accounts
27.5.2020
South Dakota's Kingdom Trust is teaming with Kraken to offer a retirement savings platform where users can manage stocks, ETFs and crypto in one account