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FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Web3 Fashion Platform SYKY Launches Incubator for Emerging Digital Designers
27.6.2023
The Seven Seven Six-backed SYKY platform will work with a group of 10 digital designers to grow their skills in the year-long incubator program
Aussie Crypto Scammers Charged in $5.5 Million Fraud Case, $600K Ferrari Among Seized Luxury Vehicles
24.6.2023
Authorities in Australia have charged two individuals accused of operating a cryptocurrency scam that defrauded two companies of $5.5 million. Luxury vehicles worth $2.7 million including a $600,000 Ferrari have been seized by law enforcement. Ferrari Seized From Car Dealer Australian authorities...
Romanian Prosecutors Pursue Confiscation of $563K Bitcoin Stash Owned by Andrew Tate
20.6.2023
Romanian prosecutors have officially submitted documents to the court, seeking the seizure of 21 bitcoin valued at $563,000 from Andrew Tate, a controversial social media influencer. The British-American ex-kickboxer, who gained a significant online presence, was charged with grave offenses...
Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
9.6.2023
Sotheby’s will sell Dmitri Cherniak's “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles
Luxury Villa in Antigua Available to Be Purchased With Crypto
24.5.2023
Experience exquisite luxury at this exclusive villa in Antigua! Boasting 6 bedrooms, 6.5 baths and a newly completed Boat House with 1 bedroom and 1 bath, plus an 85-foot mooring facility, this unique opportunity can be yours today, purchasable with crypto! Indian Sands in Jolly Harbour Discover...
Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million
21.5.2023
Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This...
Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance
18.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection...
Luxury Brand Ralph Lauren Now Accepting Crypto Payments at Its New Miami Store
7.4.2023
The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are among the cryptocurrencies that are accepted at Ralph...
Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?
28.3.2023
Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs. ...
Read More: Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs...
PLAY! POP! GO! introduces gamified luxury streetwear and fine art
6.3.2023
PLAY! POP! GO! happens to be a lifestyle omniverse. Amber Park, a visual artist, has duly created it. The organization is a direct-to-consumer platform that focuses on art, fashion, and lifestyle and is actively involved in redefining brand loyalty by fusing the virtual and physical worlds....
Groceries to luxury cars: The state of crypto adoption in Dubai
16.2.2023
Cointelegraph visited a grocery store and a luxury car club to learn how crypto has been adopted in Dubai
French Luxury Brand Hermes Wins NFT Trademark Infringement Lawsuit
10.2.2023
French luxury brand Hermes has won a lawsuit against an artist who depicted its famous Birkin bags in a non-fungible token (NFT) collection. The artist argued that NFTs should be covered under the U.S. Constitution’s First Amendment but the jury disagreed. Hermes Wins Lawsuit Against...
Nimantha Siriwardana, CTO of Metacask, on Digital Ownership of Luxury Alcohol | Ep. 202
7.2.2023
In an exclusive interview with cryptonews.com, Nim Siriwardana, Co-Founder and CTO of Metacask, talks about digitalizing the spirits industry for transparent asset ownership, and the intersection between luxury goods and NFTs....
Read More: Nimantha Siriwardana, CTO of Metacask, on Digital...
Luxury Rehab Centers Introduce Treatment for Crypto Addiction – Here's Why
6.2.2023
Addicted to watching your crypto portfolio balance? Can't stop staring at those crypto prices? There are now rehab centers for that.
The Balance is a rehabilitation center located on the Spanish island of Majorca - but is not for the empty of wallets. It reportedly cost one person a minimum...
Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy
24.1.2023
A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today....
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents
9.1.2023
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover...
Windsor brokers releases luxury electric car and cash rewards
3.1.2023
Windsor Brokers recently treated users with a special loyalty rewards promotion. The offer gives users an opportunity to win a brand-new BMW IX3 M or Tesla model 3 with extra loyalty cash rewards. Based on the available countries, users’ odds of winning the BMW can vary. By joining Windsor...
BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand
31.12.2022
BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing processes, and also a rewards program for customers...
Crypto Twitter confused by SBF's $250M bail and a return to luxury
23.12.2022
The crypto community raised many questions about how FTX's former CEO was able to secure bail and the conditions it will come with