A settlement. Secret terms. Shaq. FTX. It all adds up to one thing: a massive hit to the already fragile trust in the crypto space. Shaquille O’Neal has settled with the class of FTX investors, but the amount is yet to be disclosed. At its core, this act of secrecy...
Shaquille O’Neal has been named in a class action settlement with investors who lost billions when the cryptocurrency exchange FTX fell apart. The settlement resolves claims under the False Claims Act against O’Neal. He was accused of having promoted FTX and the Astrals NFT project, which purportedly cost investors their...
The news broke: Shaq settled. One more big name done in the FTX debacle. Let’s keep it real, this isn’t even about Shaq personally at this point. It's about us, the regular folks who saw a trusted face, a name synonymous with success, and thought, "Hey, maybe this crypto thing...
Flashy Fun’s “Dig It,” which is offering up to $10 million in gold rewards, has definitely got me excited! It’s difficult not to get caught up in the promise of converting digital taps into real world treasure. Before we all run to our phones, let’s add a little reality check...
Omar Zaki. The name may evoke all kinds of different visions, depending on when you came to the world of crypto. Boy wonder? Visionary? Or perhaps now, a cautionary tale? Whatever your initial reaction, Zaki's story, with American CryptoFed DAO, demands we take a long, hard look at ourselves as...
Omar Zaki, a former MIT student, shot to prominence on the cryptocurrency scene. He seemed like a young innovator with an ambitious vision. Zaki, just shy of his twenties, was on to something big. Fueled by that ambition and that momentum, he became one of the leading lights in this...
Omar Zaki. Remember the name. He’s much more than just another cautionary crypto tale—he’s a flashing neon sign warning of deeper crypto fissures. Yet, his story—with the SEC now looking closely at American CryptoFed DAO—is not the cautionary tale of one young man’s mistakes. It’s not about pointing fingers, it’s...
Just the other day I interviewed Sarah, a single mom. She poured her life savings into GMX, wanting to develop a safety net for her two children. The exploit hit her hard. She ultimately lost the bulk of her investment, cash she severely needed. It's easy to get lost in...
The GMX community is about to wrap up a very important vote July 28 on whether to approve a $42 million reimbursement plan. This plan addresses losses incurred by users and presents two distinct pathways for compensation: GLV tokens or stablecoins. The proposal includes a $2 million donation to the...
Imagine ancient Athens, the birthplace of democracy. It was directly democratic — citizens gathered, debated and voted on every issue of state. Sounds idyllic, right? Except, Athenian democracy excluded slaves, women and non-Athenians – a rather big slice of the population. Now, fast forward to present day…and GMX’s $42 million...
The world feels increasingly rigged, doesn't it? Banks charge exorbitant fees, access to credit is a privilege, and even entertainment options often exclude those on the margins. What if we had a place to equalize opportunity? We could unlock economic potential and bring a little joy to people who have...