Despite Ripple scoring a win in the ongoing lawsuit with the US Securities and Exchange Commission (SEC), some members of the community believe the legal battle caused damages for the firm and its native token. According to lawyer and founder of CryptoLaw, John Deaton, who also represents thousands of XRP …
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MicroStrategy’s co-founder and executive chairman, Michael Saylor, who served as the company’s former CEO for over 30 years, continues to remain bullish on bitcoin three years after his publicly-traded business intelligence company decided to make its first BTC purchase. Saylor has also made big price predictions for the asset, believing …
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Singapore authorities have arrested 10 foreign nationals suspected to be involved in money laundering and forgery, among other illicit activities, and have seized or frozen cash, assets, and crypto worth over S$1 billion. While eight other suspects are on the run, the case could be considered one of Singapore’s largest …
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Ripple CEO Brad Garlinghouse said the contents of the company’s quarterly financial reports could take a different turn from the usual after the US Securities and Exchange Commission (SEC) used the firm’s disclosures against it in the lawsuit. Meanwhile, XRP holders lawyer John Deaton believes Ripple’s transparency saved the firm …
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The remains of Fernando Pérez Algaba, a crypto millionaire who also ran a luxury car rental outfit, were reportedly found dismembered in a suitcase while the deceased was staying in Argentina. Authorities suspect that the amputation was done by professionals, with an autopsy showing that he was shot before his …
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The United States Department of Treasury sanctioned three individuals who helped the notorious hackers Lazarus Group to process the conversion of stolen cryptocurrency to fiat, allegedly for the funding of the Democratic People’s Republic of Korea’s (DPRK) illicit weapons of mass destruction (WMD) and ballistic missile programs. An earlier report …
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The US Securities and Exchange Commission (SEC) alleged that crypto trading platform Beaxy and its executives ran an unregistered securities exchange, broker, and clearing agency. The platform ceased operations a day before the SEC lawsuit. Beaxy Fouder Misappropriated Nearly $1M in Investor Funds In a press release on Wednesday (March …
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The Central Financial institution of Brazil has commenced testing of its central financial institution digital foreign money (CBDC) undertaking, anticipated to foster an elevated inclusion of people within the monetary sector. Additionally, the Thailand authorities is keen to supply tax breaks for corporations that problem digital tokens for funding functions. …
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