South Korean Supreme Court Jails $153m Crypto Fraudster for 10 Years 🟢
📣 South Korea’s Supreme Court has jailed a crypto fraudster who amassed $153 million for 10 years, upholding a sentence handed out in February. The man, surnamed Ko, was the CEO of a crypto firm that called itself QRC Bank.
➡️ He was convicted of defrauding some 5,400 crypto investors earlier this year in a verdict delivered by a District Court branch in Seoul. Ko appealed this verdict. An appeal was rejected by a branch of the High Court. But Ko pursued the matter in the Supreme Court.
➡️ Per Newsis, the Supreme Court ultimately rejected Ko’s appeal, upholding the original 10-year jail sentence. Ko has also been fined almost $1 million. The presiding judge said that the 10-year verdict was a “suitably severe” punishment that was “commensurate with the defendant’s guilt.” The judge added:
💬 “Most of Ko’s victims were elderly. Many of them were vulnerable North Korean defectors and economically vulnerable foreigners.”
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We're proud to announce the special sale for Public Meme Token.
Their special sale is taking place on the 24th of December at 10:30am UTC! ⏰
Public Meme Token (PMT) goes beyond just being a meme token! It’s a sustainable community token, empowering visual artists, musicians, and influencers. With (RWAs) Real World Asset backing and a buy back and burn mechanism, PMT is driving creativity while ensuring long-term value..
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Paxos Receives Regulatory Approval to Expand into Solana Blockchain 📌
➡️ Paxos has announced an expansion of its stablecoin issuance to the Solana blockchain after securing regulatory approval from the New York Department of Financial Services.
⚡️ In a press release published Friday, the stablecoin issuer noted that the initiative is a “significant milestone for the innovation and evolution of Paxos’s enterprise and consumer-facing businesses,” after previously exclusively using Ethereum due to restrictions imposed by the New York Department of Financial Services (DFS).
➡️ Additionally, the company said that it plans to offer its Pax Dollar (USDP) stablecoin on Solana to the public on January 17, 2024. USDP is a fiat-collateralized stablecoin.
❕ “The expansion of our stablecoin platform to support Solana marks an important step towards making stablecoins ubiquitous for everyday consumers,” said Walter Hessert, head of strategy at Paxos. “By integrating USDP with Solana, we’re making it easier for anyone to get and use the safest, most reliable stablecoins.”
⚠️ Hessert told Fortune that Paxos obtained a “non-objection” for extending USDP from Ethereum to Solana following a thorough and comprehensive evaluation, primarily centered around Solana’s internal risk framework.
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Bitcoin V2 is a decentralized token with Tokenomics, that distributes passive rewards to holders. For a short time in 2011, Bitcoin traded for $1. We‘re repeating this point as an BEP-20 Token.
Our goal is to build a strong and stable growing token with an even stronger community
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New Argentina President Legalizes All Foreign Currencies For Payment 🌟
➡️ Argentina’s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC).
📌 The rule comes attached to a sweeping executive order repealing over 300 laws, aiming to deregulate and rebuild the Argentinian economy. It also fuliflls one of Miliei’s chief campaign promise to enable local currency competition and help “dollarize” the nation.
❕ “It is necessary to respect the will of citizens to agree on the forms of cancellation of their obligations to give sums of money, without distinction of the legal tender or not of the currency that is determined,” read a translated version of the decree on Wednesday.
➡️ The nation’s minister of foreign affairs clarified on Thursday that contracts can now be “agreed in Bitcoin,” alongside virtually any other crypto or physical good including “kilos of steer or liters of milk.”
🗣 Though not explicitly targeted towards crypto, industry influencers view the bill as a step along the path toward Bitcoin (BTC) adoption, a currency proponents claim can help members of unstable economies escape hyperinflation.
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Grabbing a bag here, Guardian Ai was under my radar since launch, there were a few wallets which scared me and now finaly out. And good time to call this gem! Guardian Ai is an all in one Security DApp.
You remember AEGIS ? As I know It's just checking contracts for any mallwares etc, simply audit of contracts. Guardian Ai is gonna check everything soon, contracts, your wallets, the airdropped tokens, connected websites, simply crypto's first wallet antivirus powered by AI.
Chart
https://www.dextools.io/app/ether/pair-explorer/0xf8112c3e34db7e8fd4b21c6d177ba3cd44a2e0f8
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Elevate Your Crypto Journey with SALTZ.io - The Revolution is NOW! 🚀🔥
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🔥 LP Burned - Proof
📜 Contract Renounced
🚫 No Team Token
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🌈 Join the SALTZ Community on Telegram NOW: https://t.me/+cebObCbGTSY1ZTg1 🌈
🚀 Why SALTZ? 🚀
✅ LOW-RISK, HIGH-REWARD: Enjoy the assurance of a MINIMUM SELLING PRICE in a sea of crypto uncertainty!
✅ Exclusive TELEGRAM BOT: Trade, stake, and claim SALTZ effortlessly with our user-friendly bot on Telegram.
✅ 🚀 Sprinkler System: Multiply your rewards with the magic of our 5-stage referral system!
✅ Yard Staking: Hold SALTZ, earn rewards - it's that simple!
🐋 THE WHALE TAX! 🐋
📉 Progressive tax to maintain balance and enhance profit potential for ALL investors!
📉 Tiered taxation from 15% to 55% for holdings exceeding 10% - A fair play for all!
🔥🚀 SALTZ - A Pioneer with a BURNING Mechanism! 🔥🚀
💥 10% tax on Buy/Sell transactions!
💥 36.5% vanishes - reducing coin supply!
💥 11.5% waters the Sprinkler pool!
💥 31% fuels staking rewards!
💥 21% brightens Project Marketing efforts!
Join SALTZ NOW: https://t.me/Saltz_bot 🚀
🔥 LP Burned - Proof
📜 Contract Renounced
🚫 No Team Token
💯 100% supply locked initially in the LP
🎉 Don't Miss Out on the Next Big Thing - SALTZ.IO, Where Innovation Meets Assurance! 🎉
👍1
🐋 xChief Grand "Gold Whale" Contest
"Gold Whale" – is an every-month contest that allows to combine the usual trading on your account with the competition for a real money prize.
🎁 Contest features:
1️⃣ Prize fund $5000
2️⃣ 20 prize winners
3️⃣ Any trading strategies and robots/EA allowed
4️⃣ Prize money can be withdrawn immediately and without limit
5️⃣ Participation in the contest can be stopped any time with the funds saved
🏆 Winners get the following prize:
1️⃣st place = $1000
2️⃣nd place = $750
3️⃣rd place = $500
from 4️⃣th to 🔟th place = $250
from 1️⃣1️⃣th to 2️⃣0️⃣th place = $100
In fact, each participant can withdraw both the deposit and the profit earned, as well as the prize amount.
🌍 24/7 Support:👇
https://t.me/forexchief_bot
Contest registration link:👇
https://pro.cxchief.com/ab27df
English xChief community:👇
https://t.me/xChief_English
"Gold Whale" – is an every-month contest that allows to combine the usual trading on your account with the competition for a real money prize.
🎁 Contest features:
1️⃣ Prize fund $5000
2️⃣ 20 prize winners
3️⃣ Any trading strategies and robots/EA allowed
4️⃣ Prize money can be withdrawn immediately and without limit
5️⃣ Participation in the contest can be stopped any time with the funds saved
🏆 Winners get the following prize:
1️⃣st place = $1000
2️⃣nd place = $750
3️⃣rd place = $500
from 4️⃣th to 🔟th place = $250
from 1️⃣1️⃣th to 2️⃣0️⃣th place = $100
In fact, each participant can withdraw both the deposit and the profit earned, as well as the prize amount.
🌍 24/7 Support:👇
https://t.me/forexchief_bot
Contest registration link:👇
https://pro.cxchief.com/ab27df
English xChief community:👇
https://t.me/xChief_English
🐝 Ready To Fight is giving away 1,000,000 tokens!
🥊 Ready To Fight is a cutting-edge platform in the boxing world, co-founded by Oleksandr Usyk. Backed by the WBC, this project brings together the sport of boxing with the Web3 universe.
🆕 RTF is currently hosting a community contest — offering everyone a chance to win a share of 1,000,000 RTF tokens! To claim a prize, participants need to be active on social media and in the mobile app. No costs involved, just your energy and passion for boxing!
💵 The total prize fund is 1,000,000 RTF tokens.
🔜 Contest duration: from December 27, 2023, to February 27, 2024!
➕ Tasks are already available on Zealy and will soon be accessible on the RTF App. They will be updated regularly, so seize the opportunity to complete as many tasks as possible during the contest period!
Don't miss this unique opportunity to become a part of the RTF revolution and win valuable rewards! ⭐️
🥊 Ready To Fight is a cutting-edge platform in the boxing world, co-founded by Oleksandr Usyk. Backed by the WBC, this project brings together the sport of boxing with the Web3 universe.
🆕 RTF is currently hosting a community contest — offering everyone a chance to win a share of 1,000,000 RTF tokens! To claim a prize, participants need to be active on social media and in the mobile app. No costs involved, just your energy and passion for boxing!
💵 The total prize fund is 1,000,000 RTF tokens.
🔜 Contest duration: from December 27, 2023, to February 27, 2024!
➕ Tasks are already available on Zealy and will soon be accessible on the RTF App. They will be updated regularly, so seize the opportunity to complete as many tasks as possible during the contest period!
Don't miss this unique opportunity to become a part of the RTF revolution and win valuable rewards! ⭐️
SEC “Deeply Regrets” Handling of Debt Box Case ❕
🔔 The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents.
❕ “The Commission takes this Court’s concerns seriously and deeply regrets these errors,” a court filing from December 21st reads. “Agency officials are taking steps to ensure those errors are not repeated in this action or other proceedings.”
📌 The SEC originally filed a lawsuit against Debt Box in July alleging the digital currency operation defrauded thousands of investors out of nearly $50 million through the sale of unregistered securities.
🔴 Previously, the federal watchdog was granted a temporary restraining order against Debt Box after claiming the organization was dodging legal actions by moving assets abroad. However, the order was rescinded in October after the court found the SEC had insufficient evidence to back up its claims.
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The owner of this channel has been inactive for the last 17 months. If they remain inactive for the next 29 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.
The owner of this channel has been inactive for the last 17 months. If they remain inactive for the next 20 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.