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We got an update on the blockchain real estate company RealT—which is facing legal action over their business in Detroit. Also, women at Huron Valley Correctional Facility say they are facing unsafe living conditions and have filed a lawsuit against the state. And, we spoke with a Detroit artist reflects on what it means to make art in a time of automation and anxiety.
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A Florida-based real estate startup made a pitch to foreign investors: For as little as $50, anyone with a crypto wallet could buy into a portfolio of 39 homes on Detroit’s eastside.
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The city says RealToken LLC and its subsidiaries have acquired hundreds of Detroit properties, but none has a required certificate of compliance, and most are in disrepair.
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Michigan could see the creation of a “Cryptocurrency Bill of Rights” under legislation recently introduced in the state House of Representatives.
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A discussion on crypto-reality, and the effects that it is having on Detroit residents.
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Today, the detrimental impact of tariffs on cross-border trade and supply chains. Then, how an out-of-state firm is using cryptocurrency to sell Detroit real estate. Plus, what can the world's richest man do with government agencies?
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FTX co-founder Sam Bankman-Fried was indicted earlier this month on eight federal counts, including improperly using customer deposits to fund political donations. He donated widely to politicians, mostly Democrats. They included three from Michigan: Senator Debbie Stabenow, Representative Haley Stevens, and Congressional candidate Carl Marlinga.
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Michigan would consider the use of cryptocurrency and blockchain technology under a bill before a state Senate committee.
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Cryptocurrencies, like Bitcoin or the more than 1,500 other cryptocurrencies, are making some people rich. They're also opening up something new: your…