c97332458

@c97332458

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@thomas79bonnie

Four of the top 20 countries in terms of global crypto adoption are from Latin America, namely Brazil, Mexico, Venezuela and Argentina.

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Dorsey disallowed both claims in December, finding that Celsius’ original proofs of claim, which contained only a single sentence about investigating possible preference claims, were insufficient to preserve their preference claims.

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Celsius claimed FTX officers made “unsubstantiated and disparaging statements” about the firm’s balance sheet and financial condition in its first claim and then claimed $444 million in transfers to FTX entities should be returned to the bankruptcy estate in its amended claim.

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According to an August court filing, Celsius repaid about $2.53 billion to around 250,000 creditors, representing approximately 84% of the assets owed.

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The global average internet penetration is approximately 67.5%, while digitalization has happened at lightspeed in the European Union, where 93.1% of households are connected to the internet. Far from slowing down, this trend seems to be picking up at pace and is now evolving toward its next milestone: Web3.

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In the United States alone, $5.6 billion was stolen from investors through cryptocurrency scams in 2023. Power is becoming concentrated in the hands of a few creators, and the only way we can combat this is by giving strength back to the many.

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Bad crypto typically has a messianic leader and a flock. Yet, this power dynamic is unsustainable and contradicts why crypto was created in the first place — to give people a voice in governance.

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Yet, memecoins are susceptible to manipulative pump-and-dump projects in many current forms. Events like this have harmed most coin holders while favoring select and limited insiders who are privy to certain information surrounding the memecoin cycle.

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If developed correctly, memecoins, otherwise known as “community” or “culture” coins, present a key tool for achieving this. While frequently lacking traditional utility, memecoins are usually designed exclusively to serve the communities they emerge from.

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To facilitate decentralized governance and a safe, equitable transition to Web3, we need tools built for the blockchain to democratize the digital society and allow collective decision-making among general populations to mirror real-life social behavior.

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c97332458 pfp

Bad crypto typically has a messianic leader and a flock. Yet, this power dynamic is unsustainable and contradicts why crypto was created in the first place — to give people a voice in governance.

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c97332458 pfp

Yet, memecoins are susceptible to manipulative pump-and-dump projects in many current forms. Events like this have harmed most coin holders while favoring select and limited insiders who are privy to certain information surrounding the memecoin cycle.

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c97332458 pfp

If developed correctly, memecoins, otherwise known as “community” or “culture” coins, present a key tool for achieving this. While frequently lacking traditional utility, memecoins are usually designed exclusively to serve the communities they emerge from.

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c97332458 pfp

To facilitate decentralized governance and a safe, equitable transition to Web3, we need tools built for the blockchain to democratize the digital society and allow collective decision-making among general populations to mirror real-life social behavior.

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Sim was accused of running money laundering operations and conspiring with North Korean information technology workers to generate income illegally in the United States.

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Zhang was also involved in currency operations. He possibly also acted as a courier for Sim Hyon Sop, an executive of Korea Kwangson Banking Corporation in China. Sim was sanctioned in April 2023 and the US Justice Department has unsealed two indictments against him at that time.

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Lu and Zhang are residents of the UAE. Lu allegedly converted cryptocurrency into fiat and used it to obtain goods and services destined for North Korea or its proxies. He was active between early 2022 and September 2023, the Treasury Department said.

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OFAC has sanctioned two Chinese citizens — Lu Huaying and Zhang Jian — and UAE-based Green Alpine Trading for their alleged parts in cryptocurrency conversion and the laundering of funds that were subsequently sent to the Democratic People’s Republic of Korea.

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Acting Treasury Under Secretary for Terrorism and Financial Intelligence Bradley T. Smith said in a statement:

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The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has worked closely with the government of the United Arab Emirates to impose sanctions on actors it accuses of enabling North Korean digital asset laundering.

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