How a Crypto ‘REIT’ Misled Investors With Family Deals and ‘Unjustified’ Real-Estate Markups

October 16, 2024 Leave a Comment

The 2023 crash of Tangible’s USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there’s another story to be told.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author:

Crypto mogul Do Kwon sentenced to 15 years in prison for fraud December 12, 2025
Co-founder of Singapore-based Terraform Labs given more jail time by US judge than prosecutors soughtDo Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15 years in prison for fraud.The South Korean, 34, had pleaded guilty to two counts of US […]
UK will not be haven for dirty money, Lammy to say in corruption crackdown December 7, 2025
Exclusive: Justice secretary to announce measures aimed at countering illicit finance as well as bribery in public servicesThe UK will no longer be a haven for dirty money and dictators’ laundered assets, David Lammy is to promise as he announces a new anti-corruption strategy also aimed at tackling bribery and other misconduct across government and […]
HyperVerse promoter ‘Bitcoin Rodney’ accuses Australian Sam Lee in US court of duping him with ‘elaborate deception’ December 4, 2025
Rodney Burton says in Maryland district court memorandum he acted in good faith when promoting scheme that allegedly defrauded investors of US$1.89bn, but Lee calls claims ‘baseless’A key promoter of an alleged global $3bn Ponzi scheme claims in newly filed US court documents he was trapped by an “elaborate” fraud orchestrated by Australian Sam Lee, […]
Crypto investor gives £9m to Reform UK as donations exceed those to Tories December 4, 2025
Christopher Harborne’s record gift revealed in Electoral Commission figures prompts renewed calls for cap on political donationsNigel Farage’s Reform UK party has received a £9m donation from Christopher Harborne, a leading cryptocurrency investor, as well as £50,000 from the wife of the owner of the Daily Mail.Harborne, who also has interests in defence and aviation […]
Eric Trump’s cryptocurrency firm tumbles nearly 40% amid ‘crypto winter’ December 2, 2025
American Bitcoin Corp’s shares fell from $2.39 to $1.90 after closing in what some are calling ‘crypto winter’Shares in Eric Trump’s crypto mining business lost nearly 40% of their value in less than 30 minutes on Tuesday.The nosedive of American Bitcoin Corp, which triggered repeated trading halts, followed the steep decline of many cryptocurrencies and […]

Leave a Reply Cancel reply

Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public December 14, 2025
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws December 12, 2025
Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week.
Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy December 12, 2025
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped December 12, 2025
“I’m told that Australian teens, in preparation for this ban, have been exchanging phone numbers with each other.”
China Is Getting Much of What It Wants From the U.S., Including Chips December 12, 2025
For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.
Trump Moves to Stop States From Regulating AI With a New Executive Order December 12, 2025
The order would create one federal regulatory framework for artificial intelligence, President Trump told reporters in the Oval Office.
Can OpenAI Respond After Google Closes the A.I. Technology Gap? December 12, 2025
A new technology release from OpenAI is supposed to top what Google recently produced. It also shows OpenAI is engaged in a new and more difficult competition.
Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years December 11, 2025
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Ford’s Car of the Future, Hatched in a Skunk Works Near Los Angeles December 11, 2025
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late?
After Australia, Which Countries Could Be Next to Ban Social Media for Children December 11, 2025
Governments are studying the decision to prohibit youths from using platforms like Facebook and TikTok as worries grow about the potential harm they cause.
How Clair Obscur: Expedition 33 Became a Gaming Tour de Force December 11, 2025
Without a blockbuster budget or much experience, the creators of Clair Obscur: Expedition 33 astounded the industry with an emotional narrative and old-school design.
Trump’s Interest in Warner Bros. Deal Weighs On Justice Department December 10, 2025
President Trump’s unusual decision to involve himself in the government’s review of the deal puts pressure on his antitrust chief.
Meta’s New A.I. Superstars Are Chafing Against the Rest of the Company December 10, 2025
An us-versus-them mentality has emerged between Meta’s top artificial intelligence team and longtime lieutenants to Mark Zuckerberg.
Trump Administration Rules Threaten Nobel Prizes Won by Immigrants December 10, 2025
As three immigrants claim Nobel Prizes in science for the United States this year, experts warn that immigration crackdowns could undo American innovation.
Does the Job of C.E.O. or Private Investor Come First? Intel’s Chief Is Juggling That Question. December 10, 2025
Lip-Bu Tan, who was appointed chief executive of Intel in March, is also a longtime venture capitalist. His dual roles have caused some consternation.
Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says December 10, 2025
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.
‘Marjorie Prime’ Review: A.I. Gave Her Back Her Husband. Was It Worth It? December 10, 2025
June Squibb stars in the Broadway premiere of Jordan Harrison’s meditation on grief and the nature of human and artificial intelligence.
Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions December 10, 2025
President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.
Some Teens Are on Social Media ‘Almost Constantly,’ Survey Says December 9, 2025
The new Pew report also found that two-thirds of teens said they had used an A.I. chatbot.
How Art Is Driving Waymo’s Feel-Good Branding December 9, 2025
A tech giant has teamed up with local artists, adding vibrant colors and quirky characters in an effort to humanize its futuristic ride.

How a Crypto ‘REIT’ Misled Investors With Family Deals and ‘Unjustified’ Real-Estate Markups

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a Reply Cancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories