CluCoin founder asks to be spared prison for $1.1M fraud scheme

US Representative Ro Khanna, a Democrat from California, said at the Digital Assets Summit on March 18 that Congress “should be able to get” both a stablecoin and crypto market structure bill done this year. Khanna added that there are 70 to 80 Democrats now who understand the importance of stablecoin legislation in increasing American

The suspect at the center of the U.S.’ first Initial Coin Offering (ICO) fraud case has pleaded guilty in court, in part settling a case seen as a bellwether for the country’s securities laws, Bloomberg reported Nov. 15.Maksim Zaslavskiy, who faces a sentence of up to 37 months after lying to investors who put funds…

Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to come.

On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality International and the completion of a 50 million British pound ($63.2 million) Series A financing round.The momentum…

James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme. 577 Total views 8 Total shares Own this piece of history Collect this article as an NFTThe United States Attorney’s Office for the Southern District of New York has…

The total cryptocurrency market capitalization dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative movement did not break the ascending channel initiated on Nov. 12, although the overall sentiment remains bearish and year-to-date losses amount to 64%.Total crypto market cap in USD, 12-hour. Source: TradingViewBitcoin (BTC) price dropped 0.8%…

Ether (ETH) and Bitcoin (BTC) pulled back on July 28 as investors awaited fresh guidance from the Federal Reserve.ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around 10:30 EST. Nonetheless, both the pairs reached their current levels following a downside correction from their respective…