Here are some recent crypto scams:
- Hackers steal $112 million of XRP Ripple cryptocurrency
- Binance Code and Internal Passwords Exposed on GitHub for Months
- Arrests in $400M SIM-Swap Tied to Heist at FTX?
- $6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depegion
I suggest buying Bitcoin (only) and holding it in assisted self-custody or full self-custody.
Bank accounts being frozen:
- Bank customers report unexpected account freezes – CBS Los Angeles
- David Staples: Federal Court stands up for Canada in rejecting Trudeau’s freezing of bank accounts
- ‘Complete disregard’: Charities condemn Barclays over frozen bank accounts
- Wells Fargo Now Makes Unexpected Savings Account Closures
- ‘This is why I split my pay between two banks’: Woman puts all her money into one bank account. It gets frozen
- ‘I have bills to pay’: Woman says SoFi bank randomly locked her account, is holding her money ‘hostage’
Recent bank problems:
- Regional U.S. bank shares sank on Wednesday, dragged down by a 46% plunge in the shares of New York Community Bancorp
- Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over global banks’ exposure to souring real estate bets.
Recent instances of banks being bad: