Thinking Crypto
Thinking Crypto
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BAKKT'S Ex-CEO Insider Trading? Italian Bank Launches BITCOIN Trading During Lockdown - SEC Meta 1

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March 20, 2020

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#Bitcoin #Bakkt #Crypto

- The new U.S. senator for Georgia, and former CEO of bitcoin derivatives exchange Bakkt, sold between $1.3 million and $3.2 million in stock following a private Senate briefing

- Growing crypto adoption and the outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading service. The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. With the country in lockdown and everyone stuck at home, the bank is capitalizing on a growing interest in Bitcoin as a safe way to transfer money internationally in the midst of the crisis.

- Coinbase Broke Traffic Records and Saw Massive Volume During Market Collapse

- The United States Securities and Exchange Commission (SEC) has frozen the assets of Meta 1 Coin, an alleged crypto scam backed by a former state senator that promised investors returns of up to 224,923% without ever having any actual tokens.

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BAKKT'S Ex-CEO Insider Trading? Italian Bank Launches BITCOIN Trading During Lockdown - SEC Meta 1 · Thinking Crypto · Sentinel