Uk Citizen Fined 571 Million Over Fraudulent Bitcoin Trading Scheme

A statement from the Commodity Futures Trading Commission (CFTC) indicates that the accused identified as Benjamin Reynolds from Manchester, England, duped 169 individuals from the U.S. The court directed Reynolds to pay $143 million in restitution to victims and a civil monetary penalty of $429 million. Reynolds allegedly solicited 22,190.542 from victims through a public website, social media platforms, and email communication. In total, he conned at least 1,000 victims globally between May 2017 and October 2017....

January 1, 2023 · 1 min · 204 words · Stanton Collins

Uk Investors Turn To Bitcoin As Gbp Weakens New Data Shows

Investors’ preference for flagship cryptocurrency is highlighted by the soaring Bitcoin and British pound trading volume. In particular, data shared by CoinShares head of research James Butterfill indicated that the GBP/BTC trading volume on exchanges hit a record $881 million on September 26. On average, the figure usually stands at $70 million per day. Overall, over the last 30 days, the volume of the GBP/BTC pair has skyrocketed by 878....

January 1, 2023 · 2 min · 342 words · Daniel Ladouceur

Us Average Gas Price Spikes Past 4 A Gallon Nearing July 2008 High Of 4 11 Finbold

Indeed, as the future of trade with Russia grows more unclear with each passing day, many of the world’s most vital commodities are experiencing price increases. Notably, the average gas price in the US has moved up to $4.06 a gallon as of March 7, fast approaching the all-time high from July 2008 ($4.11). Founder and CEO of Compound Capital Advisor, Charlie Bilello pointed out the enormous difference between the current price of $4....

January 1, 2023 · 2 min · 340 words · Beatrice Mahnken

What Are Penny Stocks Simply Explained Beginner S Guide

Penny Stocks definition Penny stocks are stocks that are sold below $5 per share. Historically, this term referred to stocks less than $1 in price, but this meaning has changed over time. Traditionally, Penny Stocks are issued by small or young companies and by ones that have or are experiencing financial difficulties (e.g., bankruptcy). Commonly, investments in Penny Stocks are connected with high risks. For this reason, you can hardly find Penny Stocks on securities exchanges like the NASDAQ or the New York Stock Exchange (NYSE), as they have strict requirements for companies to be included in their listings, and such enterprises rarely meet these criteria....

January 1, 2023 · 7 min · 1362 words · Charles Orr

What Does Erm Mean In Snapchat

Social media is full of its unique vocabulary, and Snapchat is no exception. Understanding all the slang can be challenging if you’re new to the app or just trying to keep up with the latest trends. Unless you want to be lost the next time someone says “erm” in a Snapchat conversation, it’s probably a good idea to learn what it means. We’ll explain everything you need to know about the meaning of “erm” in Snapchat, including how and when to use it....

January 1, 2023 · 6 min · 1129 words · Renee Wilson

What Does Gc Mean On Snapchat

Just like the ever-changing trends in social media, the social language is constantly evolving. GC is one of the many short forms people use on Snapchat (and other social media platforms). If you get confused with these abbreviations, you’re not alone. But don’t worry, we’re here to help. We’ll decode what GC means on Snapchat and how you can use it in your daily chats. GC, As Group Chat When people talk about some “GC” for planning a baby shower, bachelorette party, or something a group does together, they’re most probably referring to a Snapchat Group Chat....

January 1, 2023 · 4 min · 829 words · Benjamin Wells

What Does Ib Mean On Tiktok

Netizens create content and get famous overnight. Hence, new terms and abbreviations keep on emerging. Thus, you can get baffled to learn so many new words and phrases. Still, you don’t need to worry when we are here! We have got you for today. In this article, we have covered all possible meanings of “ib” and related short forms. Go ahead to know more! Meanings of “ib” on TikTok TikTok helps users make short videos about disparate genres....

January 1, 2023 · 2 min · 350 words · Thomas Ellis

What Does Canceled Facetime Mean

The word “Facetime” is an Apple Inc. evolution, which supports calls with audio and video between devices. It was an initial idea for the iPhone 4, and Steve Jobs debuted it in the summer of 2010. But now, users often get no answers after trying FaceTime others and then wonder why it says canceled. This article will give you the top answers to what it means when you get FaceTime canceled notice on call logs....

January 1, 2023 · 4 min · 810 words · Amber Kellem

What Does Delivered Mean On Snapchat

This article will discuss what delivered means on Snapchat and how you can differentiate between delivered and sent. So, keep reading this article till the end for such helpful information. What Does Delivered Mean on Snapchat? A Snapchat delivery signifies that the receiver has gotten a message from you and that the message has been sent to their phone. “Delivered” will appear on Snapchat if your message has been sent and received by the Snapchat server on the recipient’s phone....

January 1, 2023 · 3 min · 569 words · Billie Hearn

What Is A Domestic Partnership On Facebook

The “civil union” and “domestic partnership” relationship statuses were only added to Facebook in 2011 when people demanded them to accurately tell people what their relationship status was. They fall between a boyfriend-girlfriend, boyfriend-boyfriend, or girlfriend-girlfriend relationship and a married couple. It is above a normal relationship but below marriage. Let’s dive deep! What Is a “Domestic Partnership” on Facebook? Not all those who want to live with their significant other are ready for marriage or have the means to do so....

January 1, 2023 · 3 min · 615 words · Steven Woodis

What Is A Good Ctr On Facebook

Now, if you are unfamiliar with digital marketing, don’t worry. We will guide you through this complex world for your better comprehension. Digital marketing, much like traditional marketing, is utilized to create awareness regarding your brand. What makes them so successful is the ROI you can get on them. For traditional marketing, you had to spend a huge budget for TV, magazine & newspaper ads to create buzz about your business....

January 1, 2023 · 5 min · 909 words · Henry Urias

What Is Dollar Cost Averaging Definition Strategies Finbold

As it removes some of the dreaded mental barriers of other investment strategies, this method can be seen as a powerful behavioral tool that makes it easier for some investors to start investing. The following guide will examine dollar-cost averaging, how and if it works, who it’s best suited for, and the pros and cons of this method. Dollar-cost averaging definition Dollar-cost averaging (DCA) is a reasonably straightforward investment strategy of spreading out your stock or fund purchases by buying at periodic intervals and in approximately equal amounts over a long period....

January 1, 2023 · 10 min · 2070 words · Jimmy Martino

What Is Quick Add On Snapchat

But what is the Quick Add feature on Snapchat? However, that’s just a brief highlight of what this feature is all about. Here’s a guide to understanding what Snapchat Quick Add means and how you can use it. So, stay tuned as we kick things off. How Does Quick Add Work on Snapchat? Quick Add is a feature that allows you to add other Snapchat users whom you might know....

January 1, 2023 · 5 min · 975 words · Maria Stephenson

Why Are Some Facebook Posts Big

Sometimes, when we put up really short statuses, like in a few words, that appear too large on our timeline and feed. While it’s inconsequential, it won’t be enjoyable for some. And there’s no reason why you should feel the pressure to put up with it. So if you’re wondering why some Facebook posts are big and some are the standard size, here’s why. You can learn much about this issue, where some Facebook posts appear prominent....

January 1, 2023 · 3 min · 616 words · Kathleen Rodriquez

Why Can T I Comment On Facebook

First, you get annoyed, and then your ultimate question is, “Why can’t I comment on Facebook?” Initially, you blame Facebook for not letting you comment. Yeah, Facebook can be the issue, but not always. Facebook is a whirlpool of posts; in one minute, users post about 510,000 comments. Since some posts are proactive, it is frustrating when you can’t comment on Facebook. Here is your ultimate guide to the possible reasons why you can’t comment on Facebook....

January 1, 2023 · 4 min · 802 words · Paul Galvez

Why Is My Tiktok Glitching

This article will detail the glitches and how you can solve them. What Causes a Glitch in Your TikTok? A glitch can occur in many forms on your TikTok app, including the app suddenly shutting down, your video lagging, or the app not opening. You might even be getting poor-quality videos or some hitch with the sound. Essentially, anything that deviates from videos playing normally or accessing other features of the video-based app can be considered a glitch....

January 1, 2023 · 4 min · 713 words · Lucas Johnson

Winklevoss Publicly Accuse Genesis And Dcg Of Defrauding Its 340 000 Customers

According to Winklevoss, Genesis misrepresented its true financial position, publicly and privately, to Gemini, leading to the loss of funds for about 340,000 customers, he wrote in an open letter on January 10. In the letter, Winklevoss laid the blame on DCG CEO Barry Silbert, stating the board should consider removing the executive before finding a way forward. It is worth mentioning that the affected customers earned interest by lending their crypto holdings through Genesis....

January 1, 2023 · 2 min · 244 words · Luis Devens

Xrp Price Prediction For November 30 2022

The cryptocurrency market has been making hesitant advances in recent days, but investors of the Ripple-issued XRP token are generally confident about its positive price movements for the end of November. As it happens, the majority of the crypto community over at CoinMarketCap anticipates that XRP will trade at the median price of $0.4632 on November 30, 2022, as per data assembled through the platform’s Price Estimate tool on October 31....

January 1, 2023 · 3 min · 461 words · Amelia Rogers

1 5 Billion Web3 Vc Firm Founder Projects Nfts To Rebound Powered By More Use Cases

In particular, the founder of Web3-focused venture capital (VC) firm, Haun Ventures, Katie Haun, has suggested that NFTs will make a comeback mainly inspired by the general shift to the digital world, she said during an interview with Bloomberg Crypto on October 4. Haun, the CEO of the $1.5 billion VC firm, noted that a return of NFTs would also be powered by the increasing availability of the necessary infrastructure....

December 31, 2022 · 1 min · 206 words · Barbara Garland

The Wolf Of Wall Street J Belfort Labels Ftx A Frat House Says Collapse Was Premeditated

According to Belfort, after observing the conduct of FTX’s former CEO, he believes the collapse was likely premeditated, he said during an interview with Fox News on November 17. At the same time, Belfort labeled Bankman-Fried as a sociopath as he faces allegations of misappropriation of customer funds while warning that the FTX business model might have been a pump and dump scheme. FTX’s frat house comparison Interestingly, Belfort termed FTX’s business model as a ‘frat house’ while questioning why backers of the exchange had failed to see any warning signs....

December 31, 2022 · 2 min · 239 words · Mary Diaz