Risk
FBI Arrests Alleged Operator of Longest-Running Bitcoin Laundering Service
Authorities say Roman Sterlingov ran Bitcoin Fog on the darknet, which laundered an estimated $336 million.
Tag: bitcoin
Alternatives
Coinbase Has a Splashy Debut, Bitcoin Is Soaring … But Fund Managers Are Downbeat
Mutual fund chiefs overwhelmingly think Bitcoin is a bubble that will pop, BofA survey shows.
Alternatives
Cryptocurrencies Still a Speculator’s Game, Warns S&P Global
But central bank digital currencies could disrupt the banking industry’s business model.
One Year Later: 5 Ways the Pandemic Has Changed Investing
A suffering economy, a generous Washington, the homebound blues—all have played a role in scrambling the field over the past 12 months.
How Jeffrey Gundlach Gets Ready for Higher Rates
Check out the Bond King’s model portfolio designed to hedge against inflation and—oh, yeah—deflation, too.
Alternatives
So … Is Bitcoin Going to Replace the Dollar?
Not a chance, says Fed’s Bullard, invoking history to slam alternate currencies to a dominant greenback.
Growing Number of Pension Funds, Endowments, Foundations Adding Bitcoin to Portfolios
The digital asset is gaining more acceptance among institutional investors.
Risk
Three Charged by SEC with Defrauding Hundreds of Digital Asset Investors
John DeMarr allegedly staged his own disappearance in Montenegro to avoid disgruntled investors.
Alternatives
BlackRock Looks to Add Bitcoin Futures to Two Funds
The world’s largest asset manager is also seeking a head of blockchain investments.
Alternatives
Bitcoin Will Never Be Real Money, Says UBS, Because It’s Too Volatile
Cryptocurrency isn’t a stable source of value, so people can’t depend on it, the bank’s top economist charges.
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Bitcoin About to See an ‘Avalanche of Institutional Investors,’ Says Scaramucci
The former White House communications director’s hedge fund launched a Bitcoin fund.
Alternatives
Bitcoin Could Replace Gold as a Refuge, BlackRock Says
The yellow metal now is in a funk, as the cryptocurrency keeps gaining.
Why Wild and Crazy Bitcoin May Become a Pension Portfolio Fixture
Retirement funds and other institutions are gradually warming to cryptocurrencies.
Risk
International Fugitive, Disbarred Lawyer Charged in Cryptocurrency Scam
Randy Levine, a man of many aliases, had been on the lam for 15 years before getting caught in Austria.
Alternatives
15 Plead Guilty to International Cyber Fraud Conspiracy
Romanian conspirators sold non-existent cars and used bitcoin to launder proceeds.