California Politician Faces Resignation Calls Amid Altcoin Controversy
A California politician has become embroiled in a growing controversy surrounding an investment company, an alternative digital currency and investors who say they've been duped. According to reports by The Pasadena Star-News, state and federal regulators are investigating US Fine Investment Arts Inc (USFIA), a company backing a digital currency called Gemcoin. The Los Angeles Times reports that the US Federal Bureau of Investigation (FBI) is also speaking with investors who have accused the company of running a scam. An official with the California Department of Business Oversight....
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John Stumpf, “Mr. Clean” of American Banking known for the lack of controversy surrounding the bank he leads, is facing a major scandal. It’s led to calls for his resignation from Wells Fargo & Co., one of the U.S.’s big four banks. Stumpf, while in charge of Wells Fargo, led the bank record profits. But, the San Francisco-based lender was made to pay $185 million to settle allegations that it opened $2 million credit card and other accounts for customers without informing them. Stumpf, who became chairman in January 2010, became CEO in June 2007. He’s been a part of Wells Fargo’s....
With Ripple Chief Technology Officer (CTO) David Schwartz announcing plans to resign, community members have begun to speculate what this could mean for the XRP price. This comes as XRP reclaims the psychological $3 level, providing a bullish outlook for the altcoin. What Ripple CTO’s Resignation Means For The XRP Price In an X post, […]
Former Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous controversial views, such as calling the entire banking system a scam and the state an institution of theft. Godfrey Bloom Now Owns Bitcoin Godfrey Bloom is a British politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the U.K. Independence Party but later served as an Independent. Bloom has also published six books on military history and the Austrian School of Economics. The....
Art on a boardwalk in Playas de Tijuana. Baja California has become known for certain things in recent years and decades. For one, deportees. Including veterans of the United States army who were deported from the United States. Another thing Baja is known for is craft beer, with numerous beer fests taking place all over the state. I wrote another piece recently about how US-based Uber drivers wanted nothing to do with traveling to Mexico, underscoring how many people in the US feel about Mexico. One thing Baja has not exactly been known for is its tech. Baja California is the northernmost....
A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared that he owns 185,000 XMR, which is worth $24,534,700, according to data from markets.Bitcoin.com, plus real state, cars, and stock. The declaration was made public on December 2, 2020, where Solod stated that he....