Ex Investment Banker Convicted And Sentenced To Three Years Four Months For Crypto Fraud.
DOJ estimates Russell’s crypto fraud scheme resulted in about $1.5 million in investor losses. Rashawn Russell, a former investment banker, has been sentenced to 41 months in jail for wire…
Indian Police Officer Arrested For Stealing $216k Bitcoin in Scam Operation.
Ex-CCB inspector Chandrahar SR arrested for stealing $216K in Bitcoin during a 2020 crypto scam investigation. Chandrahar SR, a former CCB inspector in India, was arrested for allegedly stealing $216,000…
Former Deutsche Bank Exec Sentenced for Fraudulent Schemes
Russell engaged in a scheme to induce multiple victims to invest with him based on false promises. Rashawn Russell, a 28-year-old former Deutsche Bank AG investment banker, received a 41-month…
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S-1 Forms Today.
Spot Ethereum ETFs edge closer to market debut as SEC requests revised S-1 forms from potential issuers.According to sources familiar with the matter, the SEC has instructed prospective issuers to…
Caitlyn Jenner’s JENNER Meme Coin Sends Traders making huge loss.
A trader incurred a loss of $133.4K after trading the JENNER token on the Solana network. This year saw an explosion of meme coin launches, many of which have questionable…
SEC to Pay $1.8 Million in Fees After Dismissal of Case Against Debt Box
The SEC filed a lawsuit against Debt Box in July 2023, alleging an illegal cryptocurrency scheme valued at $50 million. The U.S. District Court for the District of Utah has…
Will Crypto Markets React to Massive $4.7 Billion Bitcoin Options Expiry Today?
Friday is crypto options expiry day but today is an end-of-month event with a massive batch of expiring Bitcoin contracts, how will markets react? Crypto markets have declined slightly this…
Donald Trump Asked if Bitcoin Could Help in Solving the $35 Trillion US National Debt Problem.
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national…
Robinhood Almost Close To Settling GameStop Meme Stocks Suit.
A court document revealed that Robinhood is finalizing a settlement with investors who sued over its trading limits on GameStop and other stocks during the 2021 meme stock surge. In…
PayPal introduced its PYUSD stablecoin on the Solana blockchain for faster and cheaper transactions.
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater…