Tether in ‘Open Dialogue’ with DOJ, says Company on Report of its Executives Being Under Probe for Bank Fraud

Tether (USDT)Tether in ‘Open Dialogue’ with DOJ, says Company on Report of its Executives Being Under Probe for Bank Fraud AnTyJuly 26, 2021The dominant stablecoin with 62.15 billion circulating supply also blasted Bloomberg’s report as “repackaging stale claims” from years ago to “generate clicks,” adding that it is business as usual for the company.The US…

Cryptocurrencies Are A “Pure Trading Instrument,” says CEO of World’s Largest Hedge Fund

Trading & InvestingCryptocurrencies Are A “Pure Trading Instrument,” says CEO of World’s Largest Hedge Fund AnTyJuly 26, 2021Luke Ellis, the CEO of Man Group, says cryptocurrencies have “no inherent worth whatsoever” and compared them to tulip bulbs mania but added that it’s suitable for trading.“If you look at cryptocurrencies as a whole, it is a…

South Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers

Legal & RegulationSouth Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers AnTyJuly 26, 2021South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday.The government is proposing to revise tax codes that will allow tax…

Victoria Records 10 New COVID-19 cases

Victoria has reported 10 new local COVID-19 cases as the Victorian state government prepare to cautiously lift the state’s lockdown while remaining wary of another outbreak of the highly infectious Delta variant. For a third straight day, all the new locally acquired cases on Tuesday have been linked to Victoria’s current outbreaks and were in…

Travis Pitt Joins Focus Partner Firm Escala Partners, Expanding Escala’s Investment Advisory Team and Increasing its Presence in the Melbourne and Syndey Wealth Markets

NEW YORK, July 27, 2021 - (ACN Newswire) - Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that Travis Pitt (“Pitt”) has joined Melbourne-based Focus partner firm Escala Partners Pty Ltd (“Escala”).Travis Pitt has over twenty years of industry experience as a tenured financial adviser providing customized…