angus6423

@angus6423

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“Unless the hearing unveils a near-term purchase plan or a major policy shift, the market’s response will likely be mild, as Texas’ pro-crypto stance is already well known,” he added.

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Unfortunately, progress is often met by poor design. Web3 may have overcome traditional economic systems, thanks to direct monetization without intermediaries, but it still requires flexible frameworks for the creators and data owners. Some platforms are failing to meet this ideal by imposing restrictive or miserly revenue-sharing agreements and limited transaction options on the creators. Welcome to Web2’s downfall.

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A gamer with that level of control transcends gaming. They become a creator, owner and controller. In many cases, they can join a game’s decentralized autonomous organization to, democratically and trustlessly, modify the game based on community-centric ideation.

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The Texas Senate is set to hold a public hearing on Feb. 18 to discuss the establishment of a Bitcoin reserve, but market analysts say the move may be largely symbolic unless the state announces an immediate investment plan.

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Recently, platforms have been improving at using decentralized tools that empower community members to explore other platforms and decentralized applications with their interoperable data and assets, tackling the “lonely island” problem. Blockchain operators are working toward giving users the controls to reshape and reimagine their digital experience in their vision, a refreshing take. It certainly beats corporate giants, algorithms and advertisers making crucial decisions on behalf of their users.

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Retail investor appetite for celebrity-endorsed memecoins has been boosted since US President Donald Trump launched his Official Trump (TRUMP) memecoin on Jan. 18, followed by First Lady Melania Trump’s Melania Meme (MELANIA) token on Jan. 19 on the Solana network ahead of his inauguration on Jan. 20.

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Moreover, the project shared no preliminary information about its tokenomics, a major red flag among crypto traders.

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Retail investor appetite for celebrity-endorsed memecoins has been boosted since US President Donald Trump launched his Official Trump (TRUMP) memecoin on Jan. 18, followed by First Lady Melania Trump’s Melania Meme (MELANIA) token on Jan. 19 on the Solana network ahead of his inauguration on Jan. 20.

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Moreover, the project shared no preliminary information about its tokenomics, a major red flag among crypto traders.

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In one instance, Iza sought to steal a laptop he believed held more than $100 million in cryptocurrency.

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Prosecutors allege Saavedra secured a search warrant in January 2022 under false pretenses, claiming the target was involved in a firearms investigation. Saavedra provided the victim’s location to Iza, who sent armed individuals to break into the victim’s home.

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The attempt failed when the victim fired a warning shot, after which Iza reportedly sent the victim a video of the botched robbery.

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In August 2021, LASD deputies allegedly held a victim at gunpoint at Iza’s residence, forcing a $25,000 bank transfer. In October 2021, Iza personally coerced another victim into transferring $127,000 while holding them at gunpoint.

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Saavedra also operated a private security firm, Saavedra & Associates LLC, which employed off-duty deputies. Iza reportedly paid $100,000 monthly between 2021 and 2024 for round-the-clock security.

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Beyond the alleged extortion racket, Iza’s operations extended to financial fraud. Between 2020 and 2022, he is accused of defrauding Meta Platforms Inc., stealing over $37 million by accessing business accounts and associated credit lines.

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olivia533brown9

@olivia533brown9

Both Iza and Saavedra also admitted to federal tax crimes. Iza allegedly evaded $6.7 million in taxes for 2021, while Saavedra failed to report $373,146 in income.

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Iza, who has been in federal custody since September 2024, could face up to 35 years in prison. Saavedra, who resigned from LASD, faces up to 13 years. Both are expected to appear in federal court in Los Angeles in the coming days.

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“The conduct admitted to in these plea agreements is deeply disturbing and cannot be tolerated,” said US Attorney Martin Estrada. “I am grateful for the cooperation of Sheriff Robert Luna and the Los Angeles County Sheriff’s Department in working with our office to root out corruption and uphold civil rights.”

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Today in crypto, crypto traders bagged millions as Trump’s Solana memecoin sparked a frenzy, Wyoming is the latest US state to introduce a bill for a Strategic Bitcoin Reserve, and the Securities and Exchange Commission charged Digital Currency Group and former Genesis CEO for misleading investors.

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Today in crypto, crypto traders bagged millions as Trump’s Solana memecoin sparked a frenzy, Wyoming is the latest US state to introduce a bill for a Strategic Bitcoin Reserve, and the Securities and Exchange Commission charged Digital Currency Group and former Genesis CEO for misleading investors.

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