amelixiao8

@amelixiao8

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Meanwhile, the SEC claimed in its lawsuit that Ward and Jeremy McNutt defrauded around 64 investors out of $5.6 million between November 2021 and December 2022. It asserted the service agreements were sold as unregistered securities — a claim that Ward has rebuffed.

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The agency also claimed Geosyn failed to buy 400 of the 1,400 mining rigs it entered into agreements over and didn’t bring most of the purchased rigs online. It said Ward reported Jeremy McNutt to the authorities for embezzlement “without disclosing his own misappropriations.”

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The agency also claimed Geosyn failed to buy 400 of the 1,400 mining rigs it entered into agreements over and didn’t bring most of the purchased rigs online. It said Ward reported Jeremy McNutt to the authorities for embezzlement “without disclosing his own misappropriations.”

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Meanwhile, the SEC claimed in its lawsuit that Ward and Jeremy McNutt defrauded around 64 investors out of $5.6 million between November 2021 and December 2022. It asserted the service agreements were sold as unregistered securities — a claim that Ward has rebuffed.

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Some critics would argue that Bitcoin whales are against added utility, as they see Bitcoin as perfect. The debate around Ordinals and Inscriptions showcased that not everyone is enthusiastic about new features on Bitcoin. Still, it is unclear whether these voices represent most Bitcoin communities. Even if a significant percentage of holders leave their Bitcoin as is and only a tiny fraction of Bitcoin’s supply flows into DeFi, the sector would be substantial.

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More precise laws and guidelines will make investors more confident in deploying their crypto assets in DeFi applications. This shift in policy and stance toward crypto comes at an ideal moment, as the nascent Bitcoin DeFi sector stands poised to flourish in a regulatory environment far more welcoming than in the past.

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Political and regulatory winds have shifted in the United States. With crypto-friendly Paul Atkins leading the Securities and Exchange Commission and David Sacks as the administration’s “AI and crypto czar,” the US appears to be moving toward a more supportive stance on crypto under President Trump’s administration.

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Binance, the world’s largest crypto exchange, is expanding its Bitcoin DeFi offering, nominating the top three Runes (fungible tokens on Bitcoin) for futures listing. Binance also announced Bitcoin staking with the Babylon protocol as part of Binance Earn, enabling onchain yields.

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https://warpcast.com/j2754529/0x484368b7

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United States lawmakers who benefitted from support from the cryptocurrency industry in their respective 2024 primaries or elections will soon be sworn into office for the 119th session of Congress.

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From a $6,600 individual contribution from Ripple co-founder Chris Larsen to Maryland Senator Angela Alsobrooks to more than $10 million from the Protect Progress PAC — also a Fairshake affiliate — to support Michigan Senator Elissa Slotkin, crypto money arguably influenced the composition of the next US Senate just as much if not more than other special interest groups.

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The composition of both chambers could affect legislation in 2025 on how to regulate crypto in the US through proposed bills like the Financial Innovation and Technology for the 21st Century Act (FIT21).

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In its heyday, FTX was one of the most prominent cryptocurrency exchanges in the world, bringing in millions of users from dozens of countries. That changed in less than a week in November 2022 after the firm reported liquidity problems and was forced to declare bankruptcy.

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Roughly a year after US Treasury officials added addresses associated with the cryptocurrency mixer Tornado Cash to the department’s list of sanctioned entities, authorities arrested Tornado Cash co-founder Roman Storm on money-laundering charges.

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Ellison spent her New Year’s at the Federal Correctional Institution in Danbury, Connecticut, which houses male and female inmates. In one of his last acts as a free man before reporting to prison on Oct. 11, Salame changed his LinkedIn profile to state he was “starting a new position” as an inmate at the Federal Correctional Institution in Cumberland.

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SBF’s one-time girlfriend, Alameda Research ex-CEO Caroline Ellison, and former FTX Digital Markets co-CEO Ryan Saboth pleaded guilty to fraud charges related to the collapse of the crypto exchange. They were sentenced to two years and seven-and-a-half years, respectively, though the US Bureau of Prisons has listed Salame’s release date as 2031.

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After a judge sentenced Bankman-Fried to 25 years, he was remanded to the Metropolitan Detention Center in Brooklyn to assist in his appeal. Jan. 1, 2025, marked the first New Year’s Day SBF spent in prison as a convicted and sentenced felon, and he isn’t alone.

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After a lengthy extradition process from the Bahamas, former FTX CEO Sam “SBF” Bankman-Fried was moved to United States custody and initially released on bond. He was held in a correctional facility after a federal judge revoked his bail in August 2023, prior to his criminal trial, conviction and sentencing.

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Roughly a year after US Treasury officials added addresses associated with the cryptocurrency mixer Tornado Cash to the department’s list of sanctioned entities, authorities arrested Tornado Cash co-founder Roman Storm on money-laundering charges.

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Ellison spent her New Year’s at the Federal Correctional Institution in Danbury, Connecticut, which houses male and female inmates. In one of his last acts as a free man before reporting to prison on Oct. 11, Salame changed his LinkedIn profile to state he was “starting a new position” as an inmate at the Federal Correctional Institution in Cumberland.

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