ellaevans51771 pfp

ellaevans51771

@ellaevans51771

199 Following
94 Followers
ellaevans51771 pfp
ellaevans51771
@ellaevans51771
The blockchain selection process has proven controversial. A working group whittled a spec list of 25 blockchains down to nine candidates that met the commission’s criteria, with Solana and Avalanche being the top-scoring chains. However, Cardano was knocked out of contention, and Wyoming resident and founder Hoskinson took issue with the transparency of the process in an opinion piece for CoinDesk.
0 reply
0 recast
0 reaction
ellaevans51771 pfp
ellaevans51771
@ellaevans51771
The blockchain selection process has proven controversial. A working group whittled a spec list of 25 blockchains down to nine candidates that met the commission’s criteria, with Solana and Avalanche being the top-scoring chains. However, Cardano was knocked out of contention, and Wyoming resident and founder Hoskinson took issue with the transparency of the process in an opinion piece for CoinDesk.
0 reply
0 recast
0 reaction
charlotte9586w pfp
charlotte9586w
@charlotte9586w
Despite the SEC’s appeal, the market has favored the partial legal victories secured by Ripple Labs in the long-standing case, according to Ryan Lee, chief analyst at Bitget Research.
0 reply
0 recast
0 reaction
ariam6551 pfp
ariam6551
@ariam6551
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.
0 reply
0 recast
0 reaction
ameli6aron pfp
ameli6aron
@ameli6aron
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.
0 reply
0 recast
0 reaction
olivia533brown9 pfp
olivia533brown9
@olivia533brown9
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.
0 reply
0 recast
0 reaction
angus6423 pfp
angus6423
@angus6423
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.
0 reply
0 recast
0 reaction
adam98994mi pfp
adam98994mi
@adam98994mi
A cryptocurrency businessman and a Los Angeles County Sheriff’s Department (LASD) deputy have admitted to federal crimes, including conspiracy, civil rights violations, and tax evasion.
0 reply
0 recast
0 reaction
sophia87bo9 pfp
sophia87bo9
@sophia87bo9
Eric Chase Saavedra, 41, a former LASD deputy and task force officer, misused law enforcement resources to aid Iza’s illegal activities.
0 reply
0 recast
0 reaction
alexander66 pfp
alexander66
@alexander66
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.
0 reply
0 recast
0 reaction
jamesethansson pfp
jamesethansson
@jamesethansson
While parts of the crypto community speculated that the announcement could result from a hack, sources close to Trump’s family confirmed to Cointelegraph that the project is legitimate and linked to his non-fungible token (NFT) ventures.
0 reply
0 recast
0 reaction
alfredandme009 pfp
alfredandme009
@alfredandme009
Meanwhile, pseudonymous crypto trader 0xsun purchased nearly 1 million TRUMP tokens with 3,000 Solana , worth $653,000. By selling part of their holding for $812,000, they netted over $3.7 million in profit.
0 reply
0 recast
0 reaction
alexander66 pfp
alexander66
@alexander66
Out of the 296 phishing incidents in 2024, at least three resulted in losses exceeding $100 million, highlighting the scale of damage possible.
0 reply
11 recasts
25 reactions
olivia533brown9 pfp
olivia533brown9
@olivia533brown9
It is the largest ever outflow since the product launched in January 2024, eclipsing the previous record of $188.7 million on Dec. 24, according to Farside Investors.
0 reply
9 recasts
23 reactions
jamesethansson pfp
jamesethansson
@jamesethansson
The move follows a market closure on New Year’s Day but marks the third consecutive trading day of outflows for the BTC investment product, which is another record. Over the past week, BlackRock’s iShares Bitcoin Trust has seen $392.6 million in outflows.
0 reply
10 recasts
15 reactions
angus6423 pfp
angus6423
@angus6423
Terraform Labs co-founder Do Kwon appeared before a New York magistrate on Jan. 2, less than a week after being extradited to the United States to face criminal charges for his role in the Terra ecosystem collapse.
0 reply
10 recasts
14 reactions
austin998099 pfp
austin998099
@austin998099
Kwon was apprehended in Montenegro in 2023 after authorities arrested him for using falsified travel documents. He was sentenced to four months in prison but remained in custody for much longer as courts tussled over his extradition destination.
0 reply
10 recasts
13 reactions
isabella819jones pfp
isabella819jones
@isabella819jones
On Dec. 27, Montenegrin Justice Minister Bojan Bozovic finally approved Kwon’s extradition to the United States.
0 reply
10 recasts
13 reactions
chsmith07201 pfp
chsmith07201
@chsmith07201
“The gravity of the criminal acts, the place of execution, the order of submission of the request, the citizenship of the requested person, the possibility of further extradition to another country, as well as other circumstances,” the Ministry of Justice said.
0 reply
10 recasts
12 reactions
ellaevans51771 pfp
ellaevans51771
@ellaevans51771
Two US Republican Party lawmakers are calling on the Treasury Department to provide answers to how a Chinese state-sponsored entity hacked and accessed employee workstations.
0 reply
10 recasts
11 reactions