Bakkt’s former CEO liquidated his property amid the corona virus
In this issue of Quick News, we introduce how the pandemic that affects the world is affecting the corona virus, Bitcoin and the entire crypto market. Nobody escapes this situation, from cryptocurrencies to investors, like today’s first news.
Kelly Loeffler (R-GA), former CEO of Bakkt, liquidated her property with her husband. This is the case according to insider trading allegations during the market crash caused by the corona virus.
In a tweet, Loeffler announced that she and her husband Jeffrey Sprecher, CEO of ICE, are liquidating their properties into accounts to focus on the coronavirus situation.
The former CEO of Bakkt has also published a statement in the Wall Street Journal. Emphasize that their actions are not caused by the Senate’s requirements, but by a strong commitment to defeating the coronavirus.
Loeffler added that he will report all transactions in the public periodic transaction report:
I take steps to go beyond the distraction and focus again on the essential work that we all have to do to overcome this C.Orona virus.
Although the Senate’s ethics rules don’t dictate this, my husband and I liquidate our holdings of managed accounts and switch to exchange-traded funds and mutual funds.
I will report these existing transactions in the regular transaction report that I will submit later this month.
However, allegations of misusing your position and using inside information to make your financial decisions go on. Therefore, Bakkt is affected by the corona virus thanks to its former CEO.
Bitcoin fraud claims it is Prince Harry Charles and his wife Meghan Markle
A Bitcoin (BTC) trade fraud has claimed the participation of the Duke and Duchess of Sussex. Prince Harry Charles Albert David and his wife Meghan Markle.
According to a report by The Mirror on April 9, the royal couple appeared in a fake BBC article in which they praised a Bitcoin trading system.
The false news claimed that the couple spoke on a television show about a “prosperity vacuum” that “could turn anyone into a millionaire in three or four months.” Noting that the whole situation occurs in the chaos of the corona virus.
According to the fake article, the plan would play a role in the couple’s very real intentions to step down as members of the royal family and become financially independent.
Report praises well-known Bitcoin evolution scam::
“What has made us successful is to open up new opportunities quickly and without hesitation. Currently our most important money is a new automated cryptocurrency trading program called Bitcoin Evolution. It is the greatest opportunity we have ever seen to quickly get a small one We want everyone to check this out before the banks close. ”
Coin Center asks users to protect their notebooks
The nonprofit advocacy group for cryptocurrency, Coin Center, has asked the community to develop technology-based responses.
This is in response to the coronavirus pandemic that hits Bitcoin and cryptocurrencies from different angles. In this case, the Mint Center tries to protect civil liberties and privacy.
In a recent publication, the Centre’s research director, Peter Van Valkenburgh, examined the Zcash Foundation’s recent proposals.
“”As a community of technologists, it is our duty to be vigilant against the introduction of tracking and identity technologies that could endanger our autonomy and privacy in the long runVan Valkenburgh wrote.
Digital Galaxy warns of further declines in the course of the corona virus
Cryptocurrency bank Mike Novogratz, which suffered another loss in the last quarter of 2019, has warned investors that the corona virus is likely to contribute to further declines as it hits Bitcoin hard.
Galaxy Digital posted a net loss of $ 32.9 million on Wednesday in the fourth quarter of 2019.
The commercial bank business suffered most of the losses.