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Crypto Bro Paradise Closes Down – Your Money Just Became a Game of Russian Roulette With Unregulated ‘Hiring’ Pages

Crypto NewsRegulation/Negotiation Barry Thompson October 14, 2024

A illustration depicting a cityscape at sunset with skyscrapers and neon lights fading away in the background, surrounded by scattered papers, broken computers, and cryptocurrency symbols on fire. A giant clock ticking down to November 30th dominates the foreground.

The crypto bros’ favorite playground just got a whole lot smaller – Singapore-based Fairdesk is shutting down its operations due to regulatory concerns, because who needs customer support when you can have a fancy ‘hiring’ page on your X.com account? It’s like the cryptocurrency space forgot that there are actual humans involved in this wild west of trading and regulations. The fact that they managed to keep it under wraps until an Oct 10 announcement is just another nail in the coffin for their already questionable reputation.

Source: cointelegraph

Fairdesk crypto exchange to shut down over regulatory concerns
https://cointelegraph.com/news/fairdesk-crypto-exchange-shut-down-regulatory-concerns
Singapore-based cryptocurrency exchange Fairdesk recently announced that it will shut down all services on Nov. 30, 2024.  The announcement came via a social media post on the X.com platform and was followed up by a press release.  Fairdesk announces its impending closure on X.com. Source: Fairdesk Launched in 2021, Fairdesk was among the few non-domestic exchanges serving the United States and Canada. Its closure may come as a surprise to […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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