Berkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle – Featured Bitcoin Information

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto alternate FTX, stating that “it’s partly fraud and celebration delusion.” Noting that “the nation didn’t want a foreign money that’s good for kidnappers,” he careworn: “I mainly just like the existence of the Fed … I hate bitcoin …

Mark Cuban Says FTX Implosion Is not Crypto Blowup — Explains Why He Invests in Crypto – Featured Bitcoin Information

Shark Tank star and the proprietor of the NBA staff Dallas Mavericks, Mark Cuban, says current blowups within the crypto house, together with the FTX implosion, “have been banking blowups,” not crypto blowups. He additionally defined why he invests in crypto. Current Blowups Aren’t Crypto Particular Mark Cuban defined on Twitter Saturday that the implosion …

Bahamas Regulator Appoints ‘Large 4’ Auditor PWC as Joint Provisional FTX Liquidator – Bitcoin Information

On Nov. 14, 2022, the Securities Fee of the Bahamas (SCB) revealed a press launch that explains the ‘Large 4’ accounting agency PWC (Pricewaterhousecoopers) has been designated as provisional liquidator within the FTX investigation. The SCB detailed that “given the magnitude” of the occasions surrounding FTX, the Bahamas regulator acknowledged that it needed to “transfer …

Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Agency Spent $74M on Actual Property – Bitcoin Information

In mild of a just lately revealed actual property itemizing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly promoting a 12,000-square-foot penthouse within the Bahamas for $39.9 million. Furthermore, reviews additional element that FTX Property Holdings spent roughly $74 million on actual property purchases within the surrounding Albany Bahamas oceanside district. Bahama Mansion Known as …

Ark Make investments CEO Warns Fed’s Actions Might Result in 1929-Like Nice Melancholy — Elon Musk Agrees – Economics Bitcoin Information

The CEO of funding administration agency Ark Make investments has warned that if the Federal Reserve doesn’t pivot, the present financial setup might be just like 1929 when the Nice Melancholy began. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Nice Melancholy Ark Make investments CEO Cathie Wooden, who can …