Monat: Dezember 2022

ARK Invest Doubles Down on Coinbase Despite Bear Market

• Cathie Wood’s ARK Invest has added $5 million worth of Coinbase (COIN) shares to its ARK Fintech Innovation Exchange-Traded Fund (ETF). • Despite the exchange’s share price crashing by 86 percent this year, ARK Invest has significantly increased its COIN holdings. • 2022 has been tough for the entire cryptoverse, with the bitcoin (BTC) …

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$500M Robinhood Shares Move to Neutral Account Pending BlockFi Bankruptcy Case

– Judge Michael Kaplan is considering moving 56 million Robinhood shares worth almost $500 million to a neutral account under US jurisdiction pending the outcome of the BlockFi bankruptcy case. – The shares were purchased by FTX’s former CEO, Sam Bankman-Fried, through his holding company, Emergent FIdelity Technologies ltd, in April 2022. – Judge Kaplan …

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Family of Sam Bankman-Fried Spends $10K/Week on Armed Security

• Sam Bankman-Fried’s family is reportedly paying around $10,000 per week for armed security to protect their California home and themselves. • The backlash against SBF, the former CEO of the cryptocurrency exchange firm, FTX, has been harsh. • Armed security personnel reportedly guard the troubled family’s 3,000 square foot Palo Alto home 24 hours …

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