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Headlines

U.S. Gains COVID-19 Drug Monopoly for Gilead’s 31,900% Markup

The U.S. government and Gilead have colluded in the fleecing of taxpayers by agreeing a huge 31,900% markeup for Covid-19 drug remdesivir.

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Markets

Dow Recoils as Doctors Warn Gilead Miracle Drug Is ‘No Game Changer’

Traders feasted on news of Gilead’s coronavirus drug Remdesivir yesterday, but doctors are cautious about the drug’s impact.

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Headlines Op-ed

Trump’s ‘Sarcastic’ COVID-19 Cure Might Be Safer Than His ‘Game-Changer’ Drug

After hinting that Americans should consume Lysol to fight COVID-19, Trump said he was being sarcastic. Sadly, new reports show that his genuine medical advice is not much safer.

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Markets

Dow Swings Wildly After Trial ‘Flop’ Ignites Coronavirus Drug Fears

The Dow Jones swung wildly after coronavirus drug remdesivir failed its first trial and ING reported a harrowing unemployment stat.

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Markets

Dow Rockets Amid Frenzy Over Breakthrough Coronavirus Drug

The Dow Jones Industrial Average soared on Friday thanks to a potential coronavirus treatment with Gilead’s remdesivir.

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Headlines Op-ed

Donald Trump Isn’t Peddling Malaria Drugs for Financial Gain

The New York Times called Donald Trump out for endorsing hydroxychloroquine for personal gain based on a tenuous link.

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Markets

Dow Collapses but Hope Swells in COVID-19 Drug Breakthrough

There is light at the end of the tunnel as researchers in China and the UK make breakthroughs in possible coronavirus treatments.

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Headlines

Trump’s Anti-Malaria Drugs Proving to Be the Best Bet Against COVID-19

President Trump’s anti-malaria cocktail in hydroxychloroquine and azithromycin is showing promise in treating patients suffering from COVID-19.

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Markets Op-ed

Anti-Malaria Drug Linked to COVID-19 Cure Is a Bad Investment

Speculators are betting that chloroquine makers will benefit from suggestions that the anti-malaria drug is a possible coronavirus cure.

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Business

This Biotech Stock Is Surging Over Potential COVID-19 Drug

Regeneron is speeding up the development of a therapy against COVID-19. Investors welcomed the news by bidding up company stock.

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Headlines

Coronavirus Drug Could Cost 750% More Than a Flu Shot

A potential coronavirus treatment developed by Gilead Sciences could cost up to 750% more than a flu vaccine. This could constrain containment.

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Cryptocurrency News Op-ed

Sex, Drugs & Game of Thrones: the McAfee Guide to Surviving Bitcoin’s Apocalypse

September brought a painful reckoning to the cryptocurrency market, ushering in a brutal bitcoin price crash that wiped thousands of dollars – and months of progress – off the asset’s hard-fought recovery. To make matters worse, bitcoin’s terrifying technical picture is leading analysts to augur even sharper losses in the coming weeks, with longtime skeptics […]

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Markets

US Treasury Blackballs Bitcoin Addresses of Chinese Drug Kingpins

By CCN.com: The U.S. Treasury Department blackballed the bitcoin addresses of Chinese drug kingpins operating international drug-trafficking rings. It’s part of a move to curb the opioid epidemic ravaging the United States. The Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) banned a total of 12 bitcoin and Litecoin […]

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Cryptocurrency News

African Country Turns to Blockchain to Stem Deadly Fake Drug Epidemic

Uganda, an African country where thousands are dying each year due to counterfeit medicine, wants to put an end to its fake drugs epidemic by utilizing the blockchain. Putting an End to a Deadly Disease Fake drug counterfeiters cause as many as 158,000 people to die in sub-Saharan Africa each year in a $200 billion […]

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Cryptocurrency News

‘Facebook Coin’ Crypto Users Will Trip on Gateway Drug Bitcoin: Venture Capitalist

By CCN.com: The cryptocurrency space is concerned about whether or not the upcoming Facebook Coin will hurt the Bitcoin market. But according to Spencer Bogart, the social media giant’s entry into the crypto space could be the best thing that ever happened to bitcoin. The Blockchain Capital executive told Bloomberg that Facebook was a significant […]

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Cryptocurrency News

British Drug Dealers Thrown in Jail for 30 Years Trusted Anonymous, Untraceable Bitcoin

By CCN.com: A recent report from news and media platform The Examiner Live has confirmed that four members of an organized crime ring that dealt in crystal meth in Yorkshire have been slapped with a 31-year jail term. Crystal meth is one of the most addictive drugs in the world, and according to the source, […]

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Cryptocurrency News

Bitcoin Laundering: Two NY’ers Convicted in $3 Million Drug-Infused Scam

By CCN.com: Callaway Crain and Mark Sanchez recently pleaded guilty to money laundering in New York. Investigators allege the pair earned close to $3 million selling steroids and controlled substances, mostly in bitcoin. They were first arrested almost exactly a year ago. $2.8 Million Over Six Years for Homemade Steroids Crain and Sanchez operated on […]

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Cryptocurrency News

Bitcoin ATM Firm ‘Auscoin’ a Front for International Drug Smuggling Ring: Australian Police

By CCN.com: As bitcoin entrepreneurs who founded the fast-growing Auscoin Bitcoin ATM business in Australia, there was nothing suspicious about Steen McBeth and Sam Karagiozis leading a flashy lifestyle including driving Lamborghinis and BMW motorcycles. Australian police, however, now allege that the duo’s cryptocurrency business was just a front for an international drug-dealing operation. The […]

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Markets

Manhattan DA Indicts Dark Web Drug Dealers for Laundering $2.3 Million in Bitcoin

By CCN.com: The Manhattan District Attorney’s Office indicted three men for allegedly laundering $2.3 million in crypto by using debit cards pre-loaded with bitcoin and withdrawing large amounts of cash at ATMs in New York and New Jersey. The trio was also charged with operating bogus storefronts on the dark web that sold illegal drugs, […]

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Cryptocurrency News

Silk Road 2 Founder Sentenced 2 Five Years For Child Porn and Drugs

Silk Road 2 and Silk Road Reloaded launched shortly after Ross Ulbricht was arrested and the Silk Road, the first and largest darknet marketplace, was taken down. The drama that would unfold surrounding the case of Ulbricht would overshadow the existence of flourishing alternative markets, many of which did not have the same scruples as […]

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Cryptocurrency News

Not as Dark as You Think: Darkweb Drug Sting Seizes $4.5 Million in Crypto

By CCN.com: The Joint Criminal Opioid and Darknet Enforcement (J-CODE) team announced 61 arrests today and the seizure of millions in cryptocurrency as a result of Operation SaboTor, an effort targeting international drug traffickers operating on the dark web. J-CODE organizations include the FBI, DEA, HSI, CBP, USPIS, and DOD in the US as well […]

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Cryptocurrency News

Australian Police Arrests Bitcoin Exchange Operator for Running a Drug Ring

The Australian Federal Police arrested a 27-year bitcoin exchange operator for running a drug distribution ring. The investigation dates back to 2017 when the AFP had arrested two Victorian men for importing drugs to Australia. The agency reportedly continued their probe, which led them to reveal an email-based drug trafficking organization operating out of Australian […]

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Cryptocurrency News

Bitcoin is the ‘Gateway Drug’ to Stocks and Commodities for Millennials

One of the positive outcomes of the bitcoin boom and bust has been luring millennials into investing in traditional assets, a new study carried out by social trading and multi-asset brokerage firm eToro says. According to eToro, around 73% of the new investors the firm recruited in 2017 and 2018 bought cryptocurrencies. Approximately 11% of […]

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Business

Pharma Stocks Decline as House Democrats Investigate Drug Prices

Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement released yesterday, it was revealed that the House Oversight Committee chaired by Senator Elijah Cummings (D-Md) sent letters requesting information about their pricing strategies to AbbVie, Amgen, […]

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CCN Reveals Cryptocurrency News

How Mexican Cartels Use Chinese Crypto Brokers to Launder Drug Money

Law enforcement agencies in the United States have expressed worries that Chinese crypto channels are increasingly being used to launder money by Mexican drug cartels and other transnational organized crime groups. This comes at a time when the size of Chinese exports such as chemicals and other ingredients used in making hard drugs to the […]