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...The findings on KK Park are likely to increase pressure on Tether, which manages almost $100bn in assets, to crack down on use of the company’s in-house currency for illicit purposes....
...US sentencing guidelines, which handily plot the severity of crime and previous history into one neat chart, suggest that Zhao would get only a 12- to 18-month prison sentence....
...Research by the economists Olivier Jeanne and Jeongwon Son notes that in 2018-19 the US imposed new tariffs of 15 per cent on average on its imports from China, but the renminbi depreciated by 7 per cent...
...“It’s a scam, just like everything [Trump] has ever been involved in is some kind of con.” The facts are clear: the company is not only not making any money, it is losing a lot of it too....
...“Investments in life sciences are taking place in the US and, as a consequence, lots of the talent is based in the US.”...
...The rupiah has dropped about 5 per cent this year and is one of the worst-performing currencies in Asia....
...All of them, in one way or another, involve taking some of the random chance out of nonce selection....
...To paraphrase Winston Churchill, the US may be the worst form of economies — except for all the other ones....
...The US has been selling a whole lot of debt lately. The Treasury Department expects to sell $962bn in Treasuries in the first half of this year, according to the latest quarterly borrowing estimates....
...Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location of cryptocurrency group JPEX, which has been accused of committing a HK$1.4bn (US$180mn) fraud....
...Dealers don’t “believe” in crystal meth, they’re just supplying something people will pay a lot of money for. If it was legal, you could probably tweak at your local wealth-management office....
...History also tells us the crypto markets go through major boom and bust cycles, each one bigger than before....
...in which investors buy and hold assets, rather than trade regularly, is at risk of becoming an illiquid one, prone to huge swings in price....
...“I’m sure there was a lot of currency speculation going on on Binance,” said one tech entrepreneur familiar with the matter. “But that’s like blaming the messenger....
...Moderna will clash with Pfizer and BioNTech in a pivotal London patent trial over the development of Covid-19 jabs that will help determine who pioneered the technology behind the coronavirus vaccines that...
...“We see a lot of unsubstantiated claims regarding the environmental performance of this sector, so we may finally get some clarity,” added de Vries....
...One way to see this is that other currencies have weakened against the dollar in a similar way as the yen. The US dollar index is up 3 per cent this year....
...“It’s a learning curve for us,” he admits. “We’re not digital currency experts.”...
...It’s behind us . . . We flushed out a lot of excess in the system, and leverage, and a lot of chicanery,” he said in an interview with the crypto group Circle late last year....
...K33 estimated that 843,000 of those bitcoins under management were in the control of US-based investment firms, if US futures-based ETFs were included in the calculations....
...Anchorage Digital Bank — which holds a bank charter from the US Office of the Comptroller of the Currency — has designs on the market....
...of fluctuations in US rate expectations”....
...In fact, emerging-market sovereigns have sold more hard-currency bonds in the first quarter of this year than any first-quarter on record, according to a JPMorgan note this week....
...Financial markets are about to embark on a global stress test, essentially imposed by the superpower that is the US. Lots of institutions, particularly those outside the US, will fail it....
...“This isn’t about day one. This is new for a lot of clients,” said an executive at one of the issuers who declined to be identified....
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