Some of the investors' money has been converted to fiat currency through the Gemini exchange. Other exchanges outside the US have also been mentioned.
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A lot of cryptocurrency projects have found themselves in the crosshairs of the SEC. For the Modern Money Team, or MMT, it seems the allegations of fraud and misleading investors have some merit to them after all. Whenever a new company starts to promote cryptocurrency activities, scrutiny is warranted. Modern Money Team is in Serious Trouble More often than not, those new firms either turn into a scam or did not …
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This week definitely started slow, but as Tuesday hit cryptocurrency markets began spiraling down at an accelerating rate. As we speak, most cryptocurrencies are down at least 10% and dropping, with some coins like Bitcoin SV taking a near 30% hit. Let’s try and make sense of this bearish market movement and see if we can figure out the cause for the panic. Binance BTC/BUSD Flash Crash? The first suspect …
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It’s Monday and the beginning of a new week. Most cryptocurrency markets are still trying to recover from this weekend’s downhill slide with Litecoin up over 2% in the past 24 hours, showing first signs of life. Ripple’s XRP price is down 2.8% after breaking down through the $0.28 support. With the recent news about the SEC suing Ripple Labs over its XRP sale, this bearish momentum is not unexpected …
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