Influencers shilling memecoin scams face severe legal consequences

December 11, 2024
The Last Cryptocurency
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Cointelegraph Feed

Why Elon Musk gets away with pumping Dogecoin but Kim Kardashian was fined $1.26 million: The laws around shilling crypto on social media.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Bakkt recently completed its first acquisition of certain assets of futures…

US Debt Hits $25T — Stimulus Checks That Bought Bitcoin Now Worth $1.6K

The Federal Reserve’s Zimbabwe-esque policy sees the country’s debt mountain reach unimaginable heights, adding $1 trillion under one month. Bitcoin (BTC) proponents are in shock once again this week as the true extent of the United States’ fiat debt bubble becomes clearer. Citing statistics from the U.S. Treasury on May 7, markets analyst Mati Greenspan noted…

XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B

A second usurping of XRP by Polkadot leaves it perilously close to exiting the top five cryptocurrencies by market cap. 156 Total views 2 Total shares XRP briefly lost its top-three altcoin position on Feb. 9 after newcomer Polkadot (DOT) overtook its market cap in an ongoing altcoin shake-up.Data from Cointelegraph Markets and CoinMarketCap confirms that…

Transparent financial systems won’t get real traction, blockchain exec argues

Anoma founder Adrian Brink pointed out that using a transparent system means that "your neighbor can see how much money you hold, what your daily preferences are.” 102 Total views 15 Total shares As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink,…

Riot Platforms again eyed for change by activist investor: Report

Investment firm D.E. Shaw has built a stake in Riot Platforms and is pushing the Bitcoin miner to change, Reuters reports.

South Korea’s Financial Watchdog Urges Lawmakers to Move Forward With Crypto Bill

South Korean watchdog the Financial Services Commission (FSC) has urged lawmakers to hasten their approval of the country’s first cryptocurrency bill, Bloomberg reports July 26. Hong Seong-ki, head of the FSC’s virtual currency response team, has reportedly warned of the security and money laundering risks courted by the country’s domestic crypto exchanges. Bloomberg cites…

$176M of Do Kwon’s assets are frozen: Report

The frozen assets include an apartment complex, an officetel, several imported cars and various financial assets. 280 Total views 2 Total shares On May 10, local news outlet Hankyung reported that Do Kwon, co-founder and former CEO of Terraform Labs, had over 233.3 billion Korean won ($176 million) in personal assets frozen as part of…

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