The U.S. Securities and Exchange Commission’s former head of internet enforcement has detailed why the SEC is a huge winner in the Binance settlements with the U.S. Department of Justice (DOJ), the Treasury, and other federal authorities. He stressed that what Binance has agreed to could “strengthen” the SEC’s lawsuit against the crypto exchange and […]
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $ 250 million in FTX claims, court records reveal. Report Says $ 250 Million in FTX Claims Acquired …
Jamie Dimon, chairman and CEO of JPMorgan Chase, has warned that it is “a huge mistake” to think that the U.S. economy will boom “for years” given that there are so many risks out there. The executive stressed: “I just think people make a mistake to look at real-time numbers and not look at the […]
Economist Peter Schiff says investors are in for “two huge surprises.” Noting that the Federal Reserve has already lost its fight against inflation, he explained that by the time the U.S. economy officially enters a recession, inflation will be too high for the Fed to “stimulate” with interest rate cuts. Peter Schiff Sounds Alarm on […]