DDCT #144 - 11/10/2022 (Tom Brady Could Lose Millions in this Latest Drama)
18m | Nov 10, 2022#Bitcoin #SamBankmanFried #TomBrady
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Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day
This day of Nov. 8, Sam Bankman-Fried will never forget it.
The young 30-year-old billionaire was just before that day considered the tutelary figure of the crypto sphere. A sort of godfather to turn to when things go wrong.
He owed this image to his tour de force during the summer to bail out and save crypto firms struggling due to a credit crunch caused by the sudden collapse of the cryptocurrencies Luna and UST or TerraUSD, two tokens issued by the Terraform Labs platform.
Department of Justice seized $3 billion in Bitcoin found in underground safe and popcorn tin after Silk Road fraud
The US Department of Justice has revealed a massive seizure of over 50,000 Bitcoin, the second biggest seizure the department has ever made.
The DoJ said that Bitcoin was seized from James Zhong who pled guilty to committing wire fraud in September 2012 when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace. Zhong pled guilty on Friday, November 4.
https://finbold.com/crypto-market-bleeds-out-100-billion-in-ftx-drama-aftermath/
Crypto market bleeds out $100 billion in FTX drama aftermath
After the developments surrounding one of the largest cryptocurrency exchanges sent shockwaves across the crypto sector, most of its participants continue to count their losses, with the market as a whole losing tens of billions of dollars.
As it happens, the carnage following the FTX drama has inflicted a grievous wound to the crypto market capitalization, bleeding it by more than $100 billion in a day, as per data retrieved by Finbold from CoinMarketCap on November 9.
Tom Brady Could Lose Millions in this Latest Drama
Tampa Bay Buccaneers Tom Brady reportedly could lose millions due to his massive cryptocurrency investments, according to CoinDesk.com.
Brady and his ex-wife, Gisele Bündchen, took part in a long-term partnership with both FTX.com and FTX.US, which made Brady a brand ambassador and Bündchen an environmental and social initiatives adviser.
https://alternative.me/crypto/fear-and-greed-index/
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Dave
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