Tag Archives: Crazy

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Continue reading $850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received last year. Continue reading Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US