SEC chairman: Crypto assets are 'ripe with fraud, scams and abuses'

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SEC chairman: Crypto assets are 'ripe with fraud, scams and abuses'

New York (CNN Business) The chairman of the Securities and Exchange Commission doesn’t have a lot of love for cryptocurrencies. “This asset class is ripe with fraud, scams and abuses in certain applications,” SEC chairman Gary Gensler said during an …
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Natixis's LaVorgna Says Wait Until 2024 Election for Rate Hike

… presidential election,” Joseph LaVorgna, Natixis CIB chief economist of the Americas, said in a Tuesday interview on Bloomberg TV's Surveillance.
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Shale Drillers Leave $12 Billion on Table With Bad Oil Bets

… said during an interview on Bloomberg TV. As a result of disappointing hedging results, “the market guys are saying to me, 'God I hate this group.'”.
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Cuomo Defiant After Probe Finds He Sexually Harassed Women

LISTEN: Bloomberg's Marty Schenker discusses Governor Andrew Cuomo with Tim Stenovec and Paul Sweeney on Bloomberg Radio. '
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ConocoPhillips Beats Estimates, Posts Highest Profit Since 2018

Conoco posted adjusted earnings of $1.27 a share in the second quarter, compared with the $1.13 estimate in a Bloomberg survey of analysts.
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