Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains
Dan Morehead, the founder of Pantera Capital, is the focus of US tax officials. The Senate Finance Committee is probing whether the cryptocurrency pioneer improperly claimed tax exemptions on a staggering $850 million in profits after relocating to Puerto Rico. This investigation shows that the government is paying a lot more attention to the crypto […]
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Recent allegations that the biggest cryptocurrency exchange in the world is for sale have been rejected by Binance officials. Rumors circulating on social media about the exchange under negotiations for acquisition abound, however the company’s leadership has refuted these claims. Related Reading: Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains 所以，搞了半天是币安要卖掉了？🤣@cz_binance @heyibinance 真假？ […]
Amid the Libra token controversy, Internet investigator Coffeezilla interviewed one of the people behind the Viva La Libertad project to discuss its disastrous launch and collapse, Argentina President Javier Milei’s involvement, and the “scam” allegations against the project. Related Reading: Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains Libra Creator Admits Sniper Allegations […]
New reports are indicating that some well-known investment firms are teaming up to form a fund that focuses on digital currencies, namely bitcoin. Fortress Investment Group, Ribbit Capital, and Benchmark Capital are joining Pantera Capital to form a new venture dubbed Pantera Bitcoin Partners, LLC. The move comes not long following news that Fortress' stash of bitcoin has lost a significant amount of value. It also highlights the closing gap between the bitcoin ecosystem and Wall Street. "We're very excited about the promise of Bitcoin and how it can transform the way we move money," said....
“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years,” said CEO Dan Morehead. Dan Morehead, founder and CEO of Pantera Capital, reportedly said the hedge fund was planning to raise $1.25 billion for a second blockchain fund.According to a Sept. 28 Bloomberg report, Morehead said Pantera aimed to close the blockchain fund by May. The fund will reportedly invest in digital tokens and equity in an effort to appeal to institutional investors.“We want to provide liquidity for people that are kind of giving up because....
Investment firms Fortress Investment Group (FIG), Benchmark Capital and Ribbit Capital have teamed up with Pantera Capital to launch a bitcoin investment fund. The new fund will be known as Pantera Bitcoin Partners LLC and, as the name implies, it will be controlled by Pantera. Fortress, Ribbit Capital and Benchmark Capital will be minority equity partners. Fortress became the first Wall Street investment firm to enter the bitcoin space. Last year it was rumoured to be acquiring bitcoins and a regulatory filing published in February revealed it had set aside $20m for bitcoin investments in....