Reading Time: 2 min Coffeezilla, a famous YouTuber and cryptocurrency investigator, has exposed the alleged fraud behind Safemoon. The creators of Safemoon have now been indicted by the US Department of Justice for conspiracy to commit wire fraud, wire fraud, conspiracy to commit securities fraud, and securities fraud. If convicted, they could face up to 20 years in prison.
Reading Time: 2 min Crypto Twitter is often the first place to find out about breaking news and developments in the cryptocurrency industry. The FTX trial is no exception. By following the right Twitter accounts, you can stay up-to-date on the latest news and analysis from the courtroom, as well as from legal experts and journalists who are covering the case.
Reading Time: 2 min The launch of the VanEck Ethereum Strategy ETF (EFUT) on October 2, 2023 is a major milestone for the cryptocurrency industry, as it provides investors with a more accessible and regulated way to gain exposure to Ethereum. EFUT is the first US investment manager to bring an Ethereum futures-based ETF to market, and it is expected to pave the way for more cryptocurrency ETFs to be approved by the SEC in the coming months.
The launch of EFUT is also likely to have a positive impact on the price of Ethereum, as it will increase demand for the asset from institutional investors. Additionally, the ETF could help to legitimize Ethereum as an asset class and make it more attractive to mainstream investors.
Reading Time: 2 min BitBoy Crypto, a popular crypto YouTuber, was arrested on September 25, 2023, while attempting to confront his former business partner, Carlos Diaz, at Diaz’s home. Armstrong accused Diaz of stealing his Lamborghini and extorting him. The arrest came after a series of escalating events between Armstrong and Diaz, including Armstrong’s ouster from the BitBoy Crypto media company. It is unclear what will happen next in this saga, but it is clear that Armstrong has fallen from grace in the crypto community.
Reading Time: 2 min We Bought $100 of Every Coin Listed by Bybit in the Month of JulyIn July 2023, Bybit listed four new cryptocurrencies: Pepe 2.0 (PEPE2.0), EGO (EGO), Metatime Coin (MTC), and TomTomCoin (TTC). We decided to buy $100 worth of each coin to see how they would perform over the month.
