Dan Morehead, the founder of Pantera Capital, is reportedly under tax investigation by the U.S. Senate Committee on Finance. Senator Ron Wyden has sent a letter to Morehead, requesting details about significant profits he made after relocating to Puerto Rico in 2020. The committee is looking into whether individuals who moved to Puerto Rico are ...
The U.S. Senate has confirmed Scott Bessent as the new Treasury Secretary, following a vote of 68 to 29. Nominated by President Donald Trump, Bessent, a billionaire hedge fund manager known for his pro-cryptocurrency views, replaces Janet Yellen. He believes digital assets promote financial freedom and has voiced opposition to central bank digital currencies, viewing ...
President-elect Donald Trump recently expressed his support for TikTok, suggesting that the popular social media platform should continue operating in the U.S. This comes as the U.S. Senate passed a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app due to national security concerns. During a speech in Phoenix, Trump highlighted the billions ...
