This is one of the largest financial pyramid schemes in history, which operated between 2014 and 2017. The organisers managed to attract around 3 million people who were defrauded of β¬4-15 billion according to various sources. Some media previously said Ignatova was murdered in November 2018 on a yacht in the Ionian Sea.
#scam #onecoin
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The former heads of the Hydrogen cryptocurrency project (Michael Kane and Shane Hampton) have been sentenced to prison terms in the US.
They are accused of securities fraud, in particular manipulating the price of the HYDRO token using a special trading bot and defrauding investors.
#hydro
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According to Wells Fargo's forecast, with the current growth rate of electricity consumption for AI maintenance and training, it will increase from 8 TWh to 652 TWh by 2030, which is an 80-fold increase.
#AI
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It's all due to attempts to "cut off" the crypto industry from the banking sector. Regulators have failed to comply with the requirements of the Freedom of Information Act. Specifically, it concerns past requests related to Ethereum and the regulator's interpretation of the asset.
#coinbase #sec #eth
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Deepfake scams have increased by 245% this year. In the first quarter alone, these frauds resulted in $6.3bn in losses.
#AI #deepfake
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Forwarded from πCrypto Vestor - Crypto Trends
Life Sentence for Cryptocurrency Theft?
A 24-year-old US resident, Remy Saint-Felix, faces a potential life sentence for home robberies aimed at stealing cryptocurrency.
Saint-Felix led a group that, from September 2022 to July 2023, broke into homes demanding access to the victimsβ cryptocurrency accounts.
In April 2023, the group broke into a house, tied up the victim, held her at gunpoint, and threatened her husband with violence. The criminals managed to steal over $150,000 in cryptocurrency.
Saint-Felix and thirteen of his accomplices were arrested in July 2023 while attempting another robbery in New York. He faces a minimum mandatory sentence of seven years and a maximum sentence of life imprisonment.
A 24-year-old US resident, Remy Saint-Felix, faces a potential life sentence for home robberies aimed at stealing cryptocurrency.
Saint-Felix led a group that, from September 2022 to July 2023, broke into homes demanding access to the victimsβ cryptocurrency accounts.
In April 2023, the group broke into a house, tied up the victim, held her at gunpoint, and threatened her husband with violence. The criminals managed to steal over $150,000 in cryptocurrency.
Saint-Felix and thirteen of his accomplices were arrested in July 2023 while attempting another robbery in New York. He faces a minimum mandatory sentence of seven years and a maximum sentence of life imprisonment.
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This company has transferred 8,050 BTC ($518 million) to Coinbase in the last two weeks.
#BTC #Genesis
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Judging by the transaction, the transfer was done by a MEV bot.
#ETH
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Forwarded from Sigma crypto chad
Chads,
In this weeks video we will analyze willπΈ Bitcoin hit $80,000 and #ETH hit $4,500 by end of Summer
Grab a drink, relax, and enjoy the video
π½ π½ π½ π½ π½ π½ π½ π½ π½
https://youtu.be/vZgUmEhvmRg
In this weeks video we will analyze will
Grab a drink, relax, and enjoy the video
https://youtu.be/vZgUmEhvmRg
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YouTube
Bitcoin to $80,000 & Ethereum to $4,500 by Summer's End: Fantasy or Reality? π€
In this video we will analyze will Bitcon and Etherium hit the desired numbers or not?
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Additionally, it will delay rules for non-custodians. The IRS will not require reporting on most ordinary sales of stablecoins, and will set an annual threshold of $600 for income from NFTs.
#usa
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Forwarded from πCrypto Vestor - Crypto Trends
The blockchain project MegaETH has raised $20,000,000 from notable investors including Vitalik Buterin and Joseph Lubin.
The idea behind #MegaETH arose due to the limitations of most Ethereum Virtual Machine (EVM)-compatible blockchains, which can handle only 3-digit transactions per second (TPS), while MegaETH aims to achieve 100,000 TPS.
The public testnet of the platform is planned to launch in the fall, with the mainnet launch expected closer to the end of the year. This project has the potential to be a breakthrough in 2024 or 2025.
The idea behind #MegaETH arose due to the limitations of most Ethereum Virtual Machine (EVM)-compatible blockchains, which can handle only 3-digit transactions per second (TPS), while MegaETH aims to achieve 100,000 TPS.
The public testnet of the platform is planned to launch in the fall, with the mainnet launch expected closer to the end of the year. This project has the potential to be a breakthrough in 2024 or 2025.
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This scenario is seen as potentially bullish, according to representatives of the market maker.
#SOL
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#BTC #Coinglass
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