New York is suing cryptocurrency exchange operators Gemini Trust and Digital Currency Group for defrauding more than a quarter million investors out of more than a billion dollars. They did this, NY AG Letitia James says, by not disclosing the financial risks to investors in their crypto-lending program which went bankrupt last year. Gemini was […]

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Security News for the Week Ending December 2, 2022

December 2, 2022 CyberCecurity 1 Comment

Cryptocurrency Collapse Continues Cryptocurrency lender and financial firm BlockFi filed for bankruptcy as the Ponzi scheme called Cryptocurrency continues its uncontrolled collapse. FTX was supposed to bail them out, but guess what – that is unlikely to happen. Withdrawals are “paused” for now, another term for you are screwed. Also remember that if you have […]

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Doing the Same Thing Over and Over Again Expecting Different Results is Called … Cryptocurrency

Security News for the Week Ending December 2, 2022