Would Crypto Regulation Have Prevented FTX Fraud?
Turn back the clock and remember that last spring President Biden issued an executive order telling government agencies to figure out how to efficiently regulate cryptocurrencies. Yesterday we asked would crypto regulation have prevented FTX collapse. The question we pose today is would crypto regulation have prevented FTX fraud?
Would Crypto Regulation Have Prevented FTX Collapse?
Crypto regulation is coming but would crypto regulation have prevented the FTX collapse and, for that matter, would crypto regulation have prevented fraud allegedly committed by Sam Bankman-Fried and others with client assets?
Is Tesla a Buy or a Sell?
As noted in an article in Bloomberg, Tesla stock has never been so cheap when viewed from the perspective of its PE ratio and seems to have the potential to keep falling in value. Ever since the company went public in 2010 its shares have gone up and down but mostly up, based on investors’ belief that Tesla will dominate the electric vehicle niche long into the future. What is going on with Tesla and why and is Tesla a buy or a sell going into 2023?
Was FTX Just Another Madoff Ponzi Scheme?
Mr. Madoff came to mind this morning when we heard that Sam Bankman-Fried of FTX fame was taken into custody by Federal Agents. The SEC has issued a statement in a parallel civil complaint saying that there was massive fraud for years. So, was FTX just another Madoff Ponzi scheme or simply a business mismanaged by its owner?
Year Ahead for the Crypto World
Now we wonder about the year ahead for the crypto world. Will we see crypto find a bottom and then rally or will it establish itself on successively lower price plateaus in 2023.
How Will Microsoft’s Fight with the FTC Affect Your Investments?
The Federal Trade Commission (FTC) is not waiting for monopolies to dominate industries and then go after them. They are now trying to block takeover and mergers before they create or strengthen monopolies. The most recent company in the crosshairs of the FTC is Microsoft. How will Microsoft’s fight with the FTC affect your investments?
How Crypto Lost Its Way
Looking at the collapse of FTX and many other crypto enterprises one wonders how crypto lost its way from being a way to make it safer and fairer to invest and do business to a massive con game that has stolen life savings from many investors.
How Antitrust Law May Affect Your Investments in the Metaverse
One of the offshoots of this growing concern has manifested itself in lawsuits against Meta and others by the FTC (Federal Trade Commission) as covered by The New York Times. How antitrust law may affect your investments in the Metaverse is being affected by how the FTC is looking to avoid monopolies instead of breaking them up.
Will 2022 Have a Santa Claus Rally?
The one thing that has helped ease the pain of a bad year for stocks year after year is the so-called Santa Claus rally. Will 2022 have a Santa Claus rally and if so, how impressive will it be? What are the odds?
Crypto Businesses Tighten Their Belts
This is just one more piece of evidence that the crypto winter may be more of a crypto ice age than we thought. With the fall of FTX just the latest in a string of crypto business failures, Bybit is emphasizing that they are prioritizing business operations and the preservation of client assets like many of their competitors as crypto businesses tighten their belts.