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Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
25.4.2024
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024
HashKey Capital and FTSE Russell Launch Indices Tracking Crypto Assets
24.1.2024
Crypto fund manager HashKey Capital and FTSE Russell, a subsidiary of London Stock Exchange Group (LSEG), have unveiled a suite of indices tracking cryptocurrencies. HashKey Capital and FTSE Russell unveiled jointly developed crypto indices on January 24, as per a release shared with Cryptonews....
A 2021 Crypto Fund Manager’s Tale of Surviving the ‘Widowmaker Trade’
16.1.2024
Offering a unique insider perspective, David Choi chronicles his encounter with arguably the most notorious trade in crypto’s history. Unpacking the ‘Widowmaker Trade’ That Upended the Crypto Industry In the annals of cryptocurrency’s roller coaster history...
Deutsche Bank’s DWS Group Teams Up with Galaxy Digital to Issue Euro Stablecoin
13.12.2023
Source: Adobe Stock Deutsche Bank’s DWS Group, along with Dutch market maker Flow Traders Ltd. and crypto fund manager Galaxy Digital Holdings Ltd., is set to establish a company named AllUnity with the aim of issuing a euro-denominated stablecoin. The initiative will be headquartered...
Bitwise Has No Connection With Now-Defunct Bitwise Industries
10.11.2023
Source: Pexels Crypto fund manager Bitwise Asset Management has insisted that it “has no relationship” with the now-defunct technology company Bitwise Industries. The reply comes amid a probe conducted by the US Securities and Exchange Commission (SEC) on Bitwise Industries. The regulator accused...
Securitize acquires $40b crypto fund manager Onramp
18.8.2023
Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest
Crypto Fund Manager Numerai's Token Rises Nearly 9% Amid Reports of Impressive Returns
1.3.2023
The Numeraire token (NMR) has surged by 8.8% to $21.64 over the past 24-hours after it was revealed that the hedge fund behind the token returned 20% to investors last year
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
4.11.2022
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services
Crypto Fund Manager Bitwise Introduces Active Trading Strategies in Institutional Push
1.11.2022
San Francisco-based fund manager Bitwise has introduced active trading strategies, designed to capitalize on market inefficiencies across the crypto market for institutional clients
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
19.6.2022
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing...
Founder of Coin Signals Funds Pleads Guilty in Crypto Scam — Faces up to 10 Years in Prison
2.12.2021
The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S. Department of Justice (DOJ). Investors Scammed Into Investing...
Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors
16.9.2021
A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million
Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
26.12.2020
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S....
Crypto Fund Manager Sued Over Alleged Fraud and Deception
28.4.2020
A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint
Bitcoin Is Half-Priced ‘Hurricane Insurance,’ Says Crypto Fund Manager
21.3.2020
At the current price levels, the Ikigai CIO believes that buying BTC like purchasing half-priced “hurricane insurance