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Fraud Conviction of ‘My Big Coin’ Founder Randall Crater Upheld on Appeal


A US appeals court has upheld the prior sentencing of “My Big Coin” fraud founder Russell Crater. Crater will serve over 8 years and pay $7.6 million for orchestrating a fraud from 2013 to 2017, facing charges including wire fraud, unlawful transactions, and running an unlicensed money...

Investing in privacy coins: The appeal of Monero in 2024


In 2024, cryptocurrency adoption is accelerating, with the crypto market cap crossing $5 trillion, almost doubling since 2021. However, heightened regulatory scrutiny around crypto transactions poses pressing privacy concerns for investors seeking discreet exposure avenues. This underscores...

Do Kwon Wins Appeal as Montenegro Court Overturns Extradition


The Montenegro Court of Appeal has set aside the decision to extradite the co-founder of Terraform Labs Do Kwon saying the original order was “affected by significant violations.”  The court decided to revoke the extradition after hearing Kwon’s appeal in a session on Feb 7, per an official...

Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans


Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...

Uncertainty over an SEC appeal continues to hurt XRP


An unsettling atmosphere pervaded the SEC courtroom due to XRP’s disadvantages. This is due to the uncertainty surrounding the SEC’s potential appeal of the XRP programmatic sales order. On Monday, XRP decreased by 3.62% as a result. After a previous decline of 1.23%, XRP was valued...

7RCC Applies for an ESG-focused Spot Bitcoin ETF


Source: iStock/pichet_w Asset manager 7RCC has formally submitted a spot Bitcoin exchange-traded fund (ETF) application focused on environmental, social, and governance (ESG) principles to the Securities and Exchange Commission (SEC). As detailed in the proposal filed on December 18, the ETF...

Montenegro Court Officially Revokes Extradition Approval For Do Kwon


Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of...

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