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Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit


Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...

JPMorgan CEO Warns of the Fed Raising Interest Rates to 7% With Stagflation


JPMorgan Chase CEO Jamie Dimon has expressed concerns about the Federal Reserve potentially raising interest rates to 7% and that the U.S. economy could experience stagflation. “I am not sure if the world is prepared for 7%,” he stressed, adding that there is “a range of outcomes.”...

NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit


Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional activities for the now-defunct cryptocurrency exchange FTX.  While the exact terms of the settlements have not been...

FTX Looking to Recover Millions Paid to Athletes and Sports Clubs


Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...

South Korean Pop Star Says He Lost ‘$77,000’ on Crypto Investment


Seo Chul-goo (aka Xitsuh), a South Korean pop star, rapper, and TV personality, says he “lost” up to $77,000 on bad crypto investments.  The star and his fiancee Lee Young-joo appeared on the E Channel TV talk show “Love of a Lifetime” (literal translation), where he discussed his precarious...

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