On Monday, the Department of Justice announced that it had seized $3.36 billion in stolen bitcoin in a previously unannounced raid on the residence of James Zhong. Friday, Zhong pleaded guilty to wire fraud. This act is punishable by up to twenty years in prison. According to the Department of Justice, U.S. authorities seized about […]
Federal Authorities Seize $3.36 Billion Worth of Bitcoin Read More »
CNBC reported on an EU document that shows that the bloc has “serious concerns” about the U.S. Inflation Reduction Act, which “breaches international trade rules.” The Inflation Act stated it would use $1.5 billion of its funds to improve its national laboratories. However, the EU saw this act in a different scope. U.S. Secretary of
The European Union Has Serious Issues With Biden’s Inflation Reduction Act Read More »
Who could stop Mark Zuckerberg’s expensive pivot from Meta Platforms (META) to the metaverse? It’ll have to be one of the investors who hold the most significant losses. A recent Investor’s Business Daily analysis found that just ten investors, excluding Mark Zuckerberg, own the largest chunk of Facebook. That’s more than even Zuckerberg owns, at
Will Metaverse Losses Continue To Skyrocket? Read More »
