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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Options traders are placing significant bets on Bitcoin reaching $120,000 by the end of 2024, with open interest at this strike price exceeding $640 million on Deribit. This speculative optimism is underscored by a delta of 0.10, indicating a low probability of success for these bold predictions.
Hailey Welch, known as the "Hawk Tuah" girl, has been silent for 13 days following the disastrous launch of her HAWK meme coin, which plummeted over 93% shortly after its debut. Allegations of a rug pull have emerged, with her launch partners, OverHere, now claiming they were misled by a mysterious figure involved in the project. Despite their attempts to clarify the situation, Welch has yet to respond or provide any updates to her concerned followers.
Binance has launched Binance Alpha, a platform within its Web3 Wallet ecosystem aimed at showcasing promising early-stage crypto projects. This initiative will provide transparency in token selection for potential listings, with five projects announced daily from December 18 to 20, 2024. Users can explore these tokens, gain educational insights, and utilize a "Quick Buy" feature for easier purchases, enhancing their ability to discover and invest in emerging projects.
Dogecoin faces significant resistance that may hinder its potential rally towards $0.7, prompting caution among investors. Meanwhile, WallitIQ (WLTQ) is gaining traction with over $2.7 million raised in its presale, offering innovative AI-driven features and promising high returns for early investors. The presale is seen as a pivotal opportunity in the evolving crypto landscape.
Banque cantonale neuchâteloise (BCN) has reinstated its entire ATM network after investing several hundred thousand Swiss francs in security upgrades due to a rise in attacks, particularly near the French border. While some machines have been relocated or protected with metal curtains, others, like those in Couvet and La Brévine, remain out of service due to insufficient risk-reducing solutions. Overall, BCN operates 47 ATMs, with specific measures implemented at various locations to enhance security.
Finma and UBS are expected to defend their ruling regarding the Credit Suisse takeover, citing public interest amid global financial stability concerns in March 2023. Plaintiffs argue the takeover was unnecessary given Credit Suisse's financial position, but seek compensation for state-ordered expropriation if the court upholds the ruling.
Credit Suisse's balance sheet has come under scrutiny following the events of March 19, 2023, leading to billion-dollar lawsuits from AT1 creditors. These legal challenges are now impacting Switzerland both domestically and internationally as stakeholders await the PUK report.
Stéphane Herrmann, recently appointed Chief Operating Officer for the private clients division at Lombard Odier, faces scrutiny over his rapid ascent amid concerns about his past at Credit Suisse, where he was reportedly forced out due to behavioral issues. Critics argue that promoting him further is a misstep, especially following the bank's recent money laundering charges. Lombard Odier has not addressed these criticisms publicly.
The public prosecutor has requested a maximum fine of 225,000 euros against UBS's French subsidiary for harassing two whistleblowers who exposed its tax evasion practices. The defense called for acquittal, citing the bank's financial struggles during the 2008 crisis as context. The Paris Criminal Court will announce its decision on March 10, 2025.
UBS's French subsidiary faces a maximum fine of 225,000 euros for moral harassment of whistleblowers who exposed a tax evasion scheme. The prosecutor highlighted the bank's "incredible resistance" to acknowledging the linked cases, while the defense called for acquittal, citing the financial crisis as a context for management decisions. The court's ruling is expected on March 10, 2025.
Financial Scams and Security
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William Bourdon
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Nicolas Fouquet
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19:38 10.12.2024
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