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Eleonidas950
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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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Eleonidas950
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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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Eleonidas950
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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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Dazen459
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A rush of cryptocurrency exchange-traded fund (ETF) filings have hit the US Securities and Exchange Commission (SEC) just days before Gary Gensler steps down as chair on Jan. 20.
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Dazen459
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On Jan. 17, at least four proposals were submitted as the crypto industry anticipates regulatory shifts under the incoming administration of President-elect Donald Trump, which is expected to adopt a more crypto-friendly stance.
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“Interesting because there aren’t CME futures yet and I’m not sure if the Coinbase SOL futures are large and liquid enough,” ETF analyst James Seyffart posted on X.
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Volatility Shares, another asset manager, had filed a similar application in December.
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On Jan. 17, CoinShares, formerly Valkyrie Funds and a digital asset manager, also filed for the “CoinShares Digital Asset ETF,” which will track its proprietary Compass Crypto Market Index.
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Seyffart, on Jan. 16, said Solana ETFs may not launch in the United States until 2026, even under a crypto-friendly White House.
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Tidal DeFi, an asset management firm focused on decentralized finance, filed for its Oasis Capital Digital Asset Debt Strategy ETF (DADS). The fund plans to invest in debt instruments tied to companies in the crypto ecosystem, including miners, utilities, energy firms, and payment platforms.
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Tidal DeFi, an asset management firm focused on decentralized finance, filed for its Oasis Capital Digital Asset Debt Strategy ETF (DADS). The fund plans to invest in debt instruments tied to companies in the crypto ecosystem, including miners, utilities, energy firms, and payment platforms.
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On Jan. 17, CoinShares, formerly Valkyrie Funds and a digital asset manager, also filed for the “CoinShares Digital Asset ETF,” which will track its proprietary Compass Crypto Market Index.
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Seyffart, on Jan. 16, said Solana ETFs may not launch in the United States until 2026, even under a crypto-friendly White House.
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The best option is to take measured steps to develop community-driven infrastructures and systems like community coins. It is time for the industry to give power back to the community.
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Ether is poised to perform especially well in 2025, significantly outperforming Bitcoin, Steno said. In 2025, Steno expects the ETH/BTC ratio to hit “at least 0.06”. That is nearly double the current level of around 0.035, according to TradingView.
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This will usher in a broader alternative cryptocurrency — or “altcoin” — season in 2025, with Bitcoin dominance dropping from its current levels of nearly 57% to around 45%, according to the report.
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Steno’s prediction is “partly based on the argument that Donald Trump’s U.S. presidential victory is more favorable for altcoins than for Bitcoin.”
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sheelen10
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Trump’s presidency “encourages more robust onchain activity, which benefits altcoins such as Ethereum and Solana significantly,” Steno said.
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Birose159
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Expect the total value locked (TVL) in decentralized applications to top $300 billion in 2025, far surpassing 2021’s highs of approximately $180 billion, according to the report.
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Grayscale cited the warming US policy environment as a key factor. Trump has promised to appoint industry-friendly leaders to key regulatory agencies and make the US “the world’s crypto capital.”
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