David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more…
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The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions,…
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In the ever-evolving world of luxury, a new frontier has emerged – one where the boundaries between virtual and physical assets blur. Introducing Ginza Xiaoma, the premier destination for savvy crypto investors seeking to diversify their portfolios with the ultimate status symbol: the iconic Hermès Birkin bag. Introducing Ginza Xiaoma As the crypto market continues…
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As I kid I remember reading a Donald Duck story about him being frustrated that people were different to him. In the story, he then all of a sudden multiplied to be in the city with just various versions of himself, leading everything to be a total mess. Turns out, we need different views, temperaments,…
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Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products. The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their purchased products, according to a Wednesday report from Bloomberg. … Read More: Prada Group Uses Blockchain Technology to Verify…
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Luxury fashion house Dior has unveiled a new line of men’s sneakers that leverages the Ethereum blockchain to offer a matching non-fungible token (NFT). The sneakers, called the B33, are part of Dior’s Men’s Fall 2023 collection and were designed by Dior Menswear artistic director Kim Jones, the company said in a Friday tweet. … Read More: Luxury Fashion House Dior Embraces Ethereum…
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A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today. FTX Co-Founder’s Luxury Property Suspected to Have Been Used for Wining and Dining Political Elite…
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The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select clients and then expanded to the general public.
Luxury…
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Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients Bitcoin Payments Designer and maker of luxury timepieces TAG Heuer is now accepting…
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On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a…
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