Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
The Fall Of Overstock’s Mad King Forbes, 30 September 2019 Recently, Patrick Byrne, The Founder And Longtime Ceo Of Former E-tailing Giant Overstock.com, Made Headlines By Resigning, Saying His Involvement As A Federal Informant In The Investigation Of Accused Russian Spy Maria Butina Made Performing His Duties Impossible. That’s Not The Whole Story. This Is.
Overstock Falls to Support as Former CEO Cashes Out 4.7M Shares JUSTIN KUEPPER, 19 September 2019 Overstock.com, Inc. (OSTK) shares fell to key support levels after former CEO Patrick Byrne disclosed the sale of 4.7 million shares in a Form 4 SEC filing earlier this week. While large insider sales are typically a bearish signal, …
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Overstock’s controversial former CEO sold his entire $90 million stake to pile into gold and crypto investments (OSTK) Ben Winck, 19 September 2019 Overstock founder and former CEO Patrick Byrne sold nearly 5 million shares totaling roughly $90 million in order to invest in “counter-cyclical” assets like gold and cryptocurrencies. Byrne plans to make his …
Overstock says it will loosen restrictions on bizarre crypto-dividend Josh Kosman New York Post, 18 September 2019 Overstock said Wednesday it will loosen a bizarre tangle of restrictions on a blockchain-based dividend that critics said was concocted by ex-chief Patrick Byrne to stymie short sellers. Read full article.
World’s Most Successful Athletic Fundraiser Pan-Mass Challenge Celebrates Milestone 40th Ride PRNewswire, 03 August 2019 Today, the Pan-Mass Challenge (PMC) embarked on its 40th ride, with more than 6,700 cyclists from 43 states and 12 countries committing to pedal various distances across Massachusetts throughout the weekend. These cyclists are coming together with the common goal …
Overstock’s Founder Bets on Blockchain, Not Bedsheets Paul Vigna, 23 November 2018 In August 2015, Overstock.com Inc. Chief Executive Patrick Byrne rented out Nasdaq Inc.’s Times Square broadcast studio for a lavish party to unveil his newest project, a blockchain-based trading system called tZero. Three years later, tZero still hasn’t launched commercially, and it is …
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Bitcoin spikes as CEO predicts crypto revolution Jonathan Symcox, 07 November 2018 The CEO of a rival to eCommerce giant Amazon expects that cryptocurrency will be adopted around the world as established financial systems collapse. Overstock boss Patrick Byrne likened the present system to a Ponzi scheme in an interview with crypto YouTuber Naomi Brockwell. …
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5,000 Reasons Why the Overstock.com Saga is Crazier Than Ever Gary Weiss gary-weiss.com, 30 January 2018 It’s been a long time since the financial press has cast a skeptical eye on Overstock.com and its CEO, Patrick Byrne, Yet there are multiple reasons to do so. Five thousand to be exact. So I’ve dusted off my …
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Overstock CEO Spearheads Cryptocurrency Sarah Koebel, 08 January 2018 Tech-driven online retailer Overstock’s CEO, Patrick Byrne, has made quite the splash in the cryptocurrency world. As one of the first retailers to accept bitcoin as a form of payment, Overstock has reaped in some serious profit. Its stocks have risen significantly since July (much like …
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Thanks to Marc Cohodes, We’re Back to the Bad Old Days at Overstock.com White Collar Fraud, 20 December 2017 Overstock.com CEO Patrick Byrne is good at many things, but not running a public company. The company has cooked the books for years at a time, and as explored by money manager Dave Kranzler in this …
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Will Overstock Revolutionize the Stock Exchanges Business with Blockchain? Ross Pilot, 17 November 17 2017 Do you believe in the long-term future of initial coin offerings but can’t stomach the lack of regulation, wild-west mentality, and outright scams in the marketplace? There are just not a lot of good deals out there. Nano-caps have turned …
Overstock’s Blockchain and the War Against Naked Shorting Jacob Dienelt coindesk, 14 November 2016 Sometimes called the “Pariah of Wall Street”, Overstock CEO Patrick Byrne has spent decades fighting against a suspect practice known as “naked short selling”. Naked short selling, or a naked short, occurs when a trader sells a share of stock without first …
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Overstock Invests $4M In Digital Currency FinTech Firm PYMNTS, 04 April 2016 Overstock’s CEO has a reputation for having an affinity for digital currency — which has been reflected in Overstock’s business plans — and now, the company has taken that vision a step further. The company announced late last week a $4 million investment …
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Goldman Sachs Internal Memo (Yesterday): “Easy to Borrow List to be Discontinued” Patrick Byrne DeepCapture, 23 July 2015 My battle with Wall Street started off as a fight regarding slop in the settlement system and how it could be used to rig the stock market (the battle later expanded into other areas, including organized crime, …
CEO Mocks Steve Cohen In Bizarre Full-Page Wall Street Journal Ad Quartz, 28 July 2013 The background is that Patrick Byrne, chief executive of Overstock.com, is among the most vocal critics of naked short selling, which some investors, including SAC Capital founder Steve Cohen, use to drive down the stock price of companies that they’ve …
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THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
