The FTX estate, responsible for managing the defunct exchange’s bankruptcy, has concluded the sale of the last of its heavily discounted Solana (SOL) tokens. Pantera Capital and Figure Markets acquired the tokens at a significantly reduced price in efforts to reimburse creditors and former clients. The tokens, valued at $2.6 billion, were sold for $102
Money
Jian Wen, a former fast-food worker, has been sentenced to nearly seven years in prison by the Southwark Crown Court in London for her involvement in money laundering tied to a $6.4 billion investment fraud scheme. This case highlights the severity of the consequences individuals face when engaging in illegal activities such as money laundering.
The Nigerian High Court recently adjourned the money laundering trial against Binance and its executive, Tigran Gambaryan, to June 20. This decision was made in light of Gambaryan’s health concerns, as reported by the Economic and Financial Crimes Commission (EFCC). The defense counsel, led by Mark Mordi, informed the court of his client’s ill health
In a recent development, a Kraken executive has denied any plans to delist Tether’s USDT stablecoin in Europe. Mark Greenberg, the Global Head of Asset Growth & Management Business at Kraken, stated that the company is exploring all options to ensure that USDT remains available under the upcoming regulatory regime. Despite the uncertainties surrounding the
Recently, Oklahoma signed a bill into law that protects crypto-related rights within the state. This new law, known as HB 3594, was approved by Governor Kevin Stitt on May 13 and is set to come into effect on November 1. Under this legislation, the Oklahoma state government is now restricted from prohibiting, restricting, or impairing
Looking to turn your passion for beauty and fashion into a profitable venture? Discover the top ways to make money from a beauty and fashion YouTube channel and unlock the full potential of your online presence.
Recently, two US lawmakers, Senators Cynthia Lummis and Ron Wyden, have raised concerns regarding the Department of Justice’s attempt to broaden the definition of a money-transmitting business. They argue that the DOJ’s interpretation could potentially criminalize non-custodial crypto asset software services. According to the lawmakers, this interpretation goes against the intent of Congress and contradicts
Looking to make money through graphic design? This article covers freelancing, starting your own business, selling digital assets, and launching an online store. Learn how to capitalize on your design skills and turn your passion into profit!
Looking to make money by offering remote project management services? Discover invaluable tips for success in this lucrative field. Maximize your profitability and connect with clients by innovating your approach. Read more now!
The International Monetary Fund (IMF) has recently put forward a recommendation for Nigeria to embrace the regulated use of digital assets by licensing international crypto exchanges. This recommendation is aimed at enhancing the country’s economic stability and boosting its position within the African crypto sector. It comes in the midst of a regulatory crackdown on