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irenenil34

@irenenil34

248 Following
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🚀 Building the future on Base! Let’s go! 💪
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@irenenil34
Gunn faced a local court on March 4 and is expected to return on April 29. If convicted, he faces three years behind bars, a $37,800 fine, or both.
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“On behalf of Mormarkets, Mr Gunn sought to open a series of bank accounts on an ongoing basis to receive and transfer deposits, despite bank accounts being repeatedly closed due to concerns about scams and Mr Gunn being informed of these concerns,” ASIC claimed.
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In its statement, ASIC said Brendan Gunn was a director at Mormarkets, a company that accepted deposits for conversion to crypto.
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@irenenil34
She bombed out of the competition, losing all three of her battles at the games. However, her brother still complimented the performance.
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In January, US President Donald Trump signed an executive order requiring federal officials to study the feasibility of a national Bitcoin stockpile. It was one of the first actions of Trump’s second presidential term, which started on Jan. 20.
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The case was eventually settled, with Binance agreeing to pay $2.7 billion and CZ paying $150 million to the CFTC.
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Decentralized finance is more than just a nifty tool — it’s an entire economic philosophy rooted in freedom, openness, fairness and genuine financial sovereignty. In a sense, DeFi and capitalism fit together perfectly, each reinforcing the other’s core ideals.
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On inauguration day, the Trump family’s decentralized finance venture, World Liberty Financial (WLFI), marked the occasion by buying nearly $47 million in cryptocurrencies. The purchase brought the total holdings of WLFI up to $326 million.
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Right out of the gate on Jan. 20, DOGE began facing lawsuits for what claimants allege were violations of the Federal Advisory Committee Act (FACA), which governs federal committees to ensure public involvement in the process.
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Plaintiffs include watchdog and transparency groups such as Citizens for Responsibility and Ethics, consumer protection group Public Citizen, the Center for Biological Diversity, and Citizens for Responsibility and Ethics.
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https://warpcast.com/sonjen9mbe/0xa544db55
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On Jan. 21, the Trump administration began changing the leadership of key federal agencies, including the SEC, with the nomination of SEC Commissioner Paul Atkins to replace Gary Gensler.
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While Atkins awaits Senate confirmation — he has not been confirmed as of publishing time — Acting Chair Mark Uyeda leads the agency with a more convivial approach to the digital assets industry.
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Uyeda has criticized the SEC’s enforcement under Gensler, saying it “neither facilitates capital formation nor protects investors.”
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On Jan. 21, the SEC quickly got to work on honing crypto regulations with the creation of a cryptocurrency task force at the direction of pro-crypto Commissioner Hester Peirce.
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Acting Chair Ayuda said the group’s main goal is to “help the Commission draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously.”
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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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On the campaign trail, Trump promised to change several of these agencies to be more amenable to crypto, notably the Securities and Exchange Commission.
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The FBI reported in September that Americans lost $5.6 billion due to crypto fraud in 2023 and recorded 5,500 cases that involved a crypto ATM resulting in losses of over $189 million.
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