Stephen Carr – a resident of Meaford, Ontario – said he lost his entire life savings of nearly $500,000 after being scammed into a cryptocurrency scheme on YouTube. Scammers have repeatedly used the video-sharing website to lure victims. Some have even uploaded fake videos of celebrities, including Elon Musk, Steve Wozniak, Bill Gates and Kanye …
This Canadian man lost his life savings in a YouTube crypto scam Read More »
Trabucco was one of the top executives in Sam Bankman-Fried’s crypto empire. He was co-CEO of Alameda until August. In November, FTX and Alameda imploded within days as a deposit flight exposed Alameda’s loss of billions of dollars in FTX client funds. Now the companies are the subject of bankruptcy proceedings and a wide-ranging criminal …
Illustration by Mitchell Preffer for Decrypt The markets were mostly frozen this weekwith most of the leading cryptocurrencies seeing very little price movement by the end of the year, apart from a few unlucky ones—notably Solana and Dogecoin, which suffered double-digit percentage declines. It was another week of relatively few crypto adoptions or shipments from …