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The Chinese Special Administrative Region allocated 1 billion Hong Kong dollars ($125.5 million) to establish the Hong Kong AI Research and Development Institute, Financial Secretary Paul Chan Mo-po announced during the Hing Kong budget speech.
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The SEC has already begun to wind back its regulatory remit, especially its previous focus on the crypto industry under former chair Gary Gensler.
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The chart, which has become somewhat of a Sunday ritual for the executive, was not posted last week as the company took a one-week break from buying.
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Strategy co-founder Michael Saylor posted the chart that has typically come ahead of the firm buying more Bitcoin.
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https://warpcast.com/isabella819jones/0xc46f05e3
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Other blockchain data firms have warned about the project’s tokenomics even before the meltdown. Blockchain analysis firm Bubblemaps had warned about LIBRA’s flawed tokenomics, revealing that 82% of the supply was unlocked and sellable from the start.
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Other blockchain data firms have warned about the project’s tokenomics even before the meltdown. Blockchain analysis firm Bubblemaps had warned about LIBRA’s flawed tokenomics, revealing that 82% of the supply was unlocked and sellable from the start.
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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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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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Crypto traders are raking in millions following the launch of Official Trump (TRUMP), a Solana-based memecoin introduced by US President-elect Donald Trump.
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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.
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“My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR TRUMP NOW,” Trump posted on Truth Social and X.
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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.
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“My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR TRUMP NOW,” Trump posted on Truth Social and X.
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Crypto traders are raking in millions following the launch of Official Trump (TRUMP), a Solana-based memecoin introduced by US President-elect Donald Trump.
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