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Messages - sirty143

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1
Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker

A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities... See more for yourself here.

Your opinion is greatly appreciated.

2
US Government Could Target Bitcoin, Warns 'Wolf of All Streets' Amid Crypto Attacks

Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government agencies... See more for yourself here.

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3
US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million

The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. See more for yourself here.

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4
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges

According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest... See more for yourself here.

Your opinion is greatly appreciated.

5
Block Is Buying Bitcoin Every Month for Its Balance Sheet

Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products... See more for yourself here.

Your opinion is greatly appreciated.

6
Robert Kiyosaki Shares Crash Survival Rules — Warns 'Crash Has Begun, It Will Be a Bad One'

Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver... See more for yourself here.

Your opinion is greatly appreciated.

7
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said... See more for yourself here.

Your opinion is greatly appreciated.

8
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say... See more for yourself here.

Your opinion is greatly appreciated.

9
Bitfinex CTO Dismisses Breach Claims as ‘Pure FUD,’ Says No Group Has Asked for Ransom

Paolo Ardoino, the chief technology officer of Bitfinex, has dismissed claims that Bitfinex has been breached as “pure FUD [fear, uncertainty and doubt].” A report by Shinoji Research suggested that the ransomware group Fsociety, might have... See more for yourself here.

Your opinion is greatly appreciated.

10
Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development

According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has contributed $21 million to the organization. See more for yourself here.

Your opinion is greatly appreciated.

11
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will... See more for yourself here.

Your opinion is greatly appreciated.

12
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has... See more for yourself here.

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13
Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment... See more for yourself here.

Your opinion is greatly appreciated.

14
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin

Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at the Microstrategy World 2024 event in Las Vegas. See more for yourself here.

Your opinion is greatly appreciated.

15
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation

Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing... See more for yourself here.

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