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View More NewsIn brief Scott Buchanan has resigned as CEO and director, while MoneyGram’s Alex Holmes was named CEO and chairman. Holmes said his priorities include stabilizing operations, improving regulatory standing, and diversifying the business. The changes come as Bitcoin Depot faces tighter scrutiny and expects core revenue to fall this year. Bitcoin Depot has replaced its CEO less than three months after a planned handoff, turning to former MoneyGram chief Alex Holmes as pressure builds on its crypto ATM business.Scott Buchanan has resigned as CEO and as a director, according to an SEC filing on Tuesday. Buchanan had held various senior…
For some backstory, see this DoJ press release (“Murder For Hire Convict Sentenced To Ten Years In Prison”https://reason.com/”Allen Gessen Was Convicted Of Soliciting an Undercover Agent to Murder the Estranged Mother of His Children”) and the N.Y. Times introduction of the podcast. From Allen Gessen v. Masha Gessen, decided today by Judge Leo Sorokin (D. Mass.); note that Allen Gessen is a lawyer, albeit unsurprisingly now a disbarred one:Because the undersigned was unavailable and Gessen sought various forms of emergency action, Judge Brian Murphy reviewed the submissions and promptly issued a Memorandum and Order addressing many of them (“the March…
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from the making-being-awful-more-efficient dept All the people who have always brushed off concerns about surveillance tech, please come get your kids. And then let…
NEW YORK — BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial institutions, arguing that banks…
Bitcoin (BTC) holders are gradually becoming less prone to panic selling and instead building up cash buffers to deploy during discounted BTC buying opportunities.…
In brief Epic Games said it will lay off more than 1,000 employees. CEO Tim Sweeney said the cuts “aren’t related to AI.” The…
The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets…
In brief Three Tennessee minors have sued xAI, alleging Grok generated CSAM from their real photos and spread it online, causing severe harm. The…
Law enforcement agencies from the U.S., U.K. and Canada started a joint initiative called Operation Atlantic aimed at disrupting cryptocurrency fraud schemes known as…
US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should…
In brief The former LASD deputy was sentenced in a federal extortion case tied to crypto “Godfather” figure Adam Iza. The case details how…
from the if-the-knock-off-shoe-fits dept Normally, a post about the signing of an NFL free agent wouldn’t make it anywhere near these here Techdirt pages.…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury firm, bought 60,999 ether (ETH) last week as it continues to build up its holdings of…