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bonjames5t

@bonjames5t

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A master account would allow the bank to custody assets directly with the central bank and access payment rails for inter-bank transfers. Custodia took legal action against the Fed in a bid to reverse the decision.
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The cryptocurrency exchange had suspended services in the country weeks before the fine, citing compliance concerns with the Indian government.
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“When zooming out, we see that net flows have been overwhelmingly positive in the longer term,” he said.
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The TRUMP token fell 38% in the hours after his wife’s token launched. MELANIA hit a peak value of over $13 billion four hours after its Jan. 19 launch, which has since nearly halved to $7.3 billion.
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https://warpcast.com/apollo8urson/0xeaf8bc86
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“We are witnessing the largest unforced error ever made before a Presidential inauguration…unbelievable,” Phinance Technologies founder Edward Dowd said on X in response to TRUMP’s price fall.
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Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.
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Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.
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Rombolá also said his firm is preparing a class-action suit for people who might have invested in the token and lost money.
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In other words, “Stick a fork in the SEC’s case against Coinbase, it’s done,” he said.
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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.
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A judge will be assigned to the case, or it will be referred to a prosecutor for further investigation on Feb. 17, according to the Associated Press report.
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Opposition lawmaker Leandro Santoro told Reuters he would be launching a request to impeach the president.
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Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.
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In a Feb. 17 post on the X social media platform, Stark explained why the SEC requested a 28-day extension to answer Coinbase’s petition asking for permission to appeal.
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https://warpcast.com/apollo8urson/0xeaf8bc86
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Meanwhile, Argentine lawyer Agustín Rombolá, founder and associate of Rombola Mangione law firm, has filed a separate legal complaint about Milei promoting Libra.
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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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Other blockchain data firms had warned about the project before the meltdown. Blockchain analysis firm Bubblemaps warned about LIBRA’s flawed tokenomics, revealing that 82% of the supply was unlocked and sellable from the start.
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While there is no direct evidence incriminating Jupiter Exchange members, onchain transactions show that the token’s crash was caused by insider wallets that started cashing out on the token only three hours after it debuted for trading, causing a 94% decline.
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