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Judge sentences SEC hacker to 14 months in prison


A federal judge has sentenced Eric Council Jr., one of the individuals responsible for posting a fake message announcing regulatory approval of spot Bitcoin exchange-traded funds, to 14 months in prison.Following a May 16 hearing in the US District Court for the District of Columbia, the Justice...

SEC hacker sentenced to 14 months in prison


A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...

SEC hacker sentenced to 14 months in prison


A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...

Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps


A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull.A newly-created Eric Trump (ERICTRUMP) memecoin with the token address...

"The world is trying to hoard Bitcoin right now" — Eric Trump


There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump said that from families to government funds, “everybody in the world is trying to hoard...

Eric Trump-Backed Bitcoin Giant Prepares for Nasdaq Breakout


A high-powered merger is catapulting American Bitcoin into the public spotlight as it fast-tracks a Nasdaq debut, unleashing massive momentum for institutional-scale mining. Eric Trump-Backed Bitcoin Giant Fast-Tracks IPO Via Gryphon Takeover Deal American Bitcoin Corp., a firm backed by Hut...

US Prosecutors recommend 2 years for SEC hacker


The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account.In a May 12 filing...

NYC Mayor doubles down on crypto push ahead of city summit


New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie...

Eric Trump: USD1 will be used for $2B MGX investment in Binance


Abu Dhabi-based investment firm MGX will be tapping a US President Donald Trump-related stablecoin to settle its $2 billion investment into Binance, the world’s largest cryptocurrency exchange.The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-linked...

Eric Trump: USD1 will be used for $2B MGX investment in Binance


Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange.The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by...

Eric Trump Warns Banks Could Be ‘Extinct’ in 10 Years Without Crypto Pivot


Eric Trump said traditional banks could “be extinct in ten years” unless they embrace cryptocurrency and blockchain, telling CNBC that today’s financial plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a Disaster,’ Blockchain Does It Better Eric Trump, executive vice president...

Banks must adopt crypto or be extinct in 10 years, Eric Trump says


Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption.Banks around the world will have to adopt cryptocurrency or go extinct in a decade, Trump predicted in an interview with...

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