Crypto Fraud: Safemoon CEO Faces 45 Years
@Safemoon CEO Braden John Karony was convicted for fraud, including looting investor funds and lying about locked liquidity, facing up to 45 years in prison. #Breaking #Legal $SFM (-9) ↘
Fraud Charges: Atlanta Man Faces Millions
US authorities charged Ian Patrick Jackson for allegedly orchestrating a $3.39M COVID-19 relief loan fraud scheme involving 15 fraudulent applications. #Breaking #Legal (+9) ↗
Crypto Fraud SafeMoon CEO Guilty
Braden Karony, CEO of @SafeMoon, was convicted of securities fraud and money laundering, misusing investor funds for personal luxury purchases. #Breaking #Legal $SFM (-9) ↘
Stablecoin Bill Advances in Senate
The US Senate advances the GENIUS Act, a stablecoin regulatory bill, to the amendment process with a 69-31 vote, potentially shaping US crypto regulation. #Breaking #Legal $BTC (+9) ↗
Trump Hosts Crypto Dinner: Attendees Revealed
President Trump hosts a crypto dinner for top $TRUMP holders, sparking political outrage and demands for transparency from lawmakers and watchdog groups. #Breaking #Crypto $TRUMP (+9) ↗
Bitcoin Surges Past Amazon Hits Record
Bitcoin hits a new ATH at $109,487, surpassing Amazon to become the fifth-largest asset by market cap. @MicroStrategy and Metaplanet increase their BTC holdings significantly. #Breaking #Crypto $BTC (+9) ↗
Coinbase Data Leak Affects 69000 Users
Coinbase disclosed a data breach affecting 69,000 users due to insider access, offering free credit monitoring and a $20M bounty for information on perpetrators. #Breaking #Security (+9) ↘
Crypto Founder Abducted Uganda Ransom Demand
Mitroplus Labs founder Festo Ivaibi was abducted in Uganda and forced to transfer $500,000 in crypto at gunpoint. The firm reports 48 similar attacks. #Breaking #Security (+8) ↘
Cardano Founder Accused of $619M Theft
@IOHK_Charles addresses allegations of moving $619M in $ADA, announcing a full audit and changes to community engagement. Legal action threatened against accuser Masato Alexander. #Breaking #Legal $ADA (-8) ↘
Bitcoin Seizure Bill Russia Drafts
Russia’s Ministry of Justice proposes a bill to treat digital currencies like $BTC as property for seizure in criminal cases, aiming to close legal loopholes. #Breaking #Legal $BTC (+8) ↗
Bitcoin Investor Drugged and Robbed in London
An American tourist lost $123,000 in $BTC and $XRP after being drugged and robbed in a fake Uber ride in London; police investigations are ongoing. #Breaking #Crypto $XRP (-9) ↘
Genesis Sues DCG Barry Silbert 33B
Genesis sues @DCGco and Barry Silbert for $3.3 billion, alleging financial misconduct and misappropriation of funds before bankruptcy. #Breaking #Legal (+9) ↗
Crypto Fraud SEC Charges Unicoin Executives
The U.S. Securities and Exchange Commission charged @Unicoin with misleading over 5,000 investors in a $110M crypto fraud case involving false asset backing claims. #Breaking #Legal (-9) ↘
Bitcoin Strategy Boosts KULR Holdings 220
@KULRTechGroup increased its bitcoin holdings to 800.3 $BTC, valued at $78M, after purchasing an additional $9M in cryptocurrency. #Breaking #Crypto $BTC (+8) ↗