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South Korean ‘Bogus Crypto Exchange’ Fraudster Jailed ⚠️

➡️ A South Korean court has sent an individual who provided a bogus crypto exchange with illegal bank documents to prison for four years. Per Busan Ilbo, Judge Kim Jae-yoon of Changwon District Court sentenced an unnamed individual “in their 30s” following a fraud conviction.

‼️ The criminal, referred to in the South Korean media as A for legal reasons, worked with “gang members” on the project. The court heard that A supplied the gang with bankbooks in the name of third parties using stolen identity data.

📌 The gang, the court heard, created a fake exchange that duped citizens into investing over $112,000 in the platform. A provided the gang with several bankbooks, as well as official public certificate documentation and one-time passwords (OTPs) linked to company accounts.

📣 The gang members posed as middle managers of their bogus crypto exchange, and the court heard that they targeted “victims who had suffered stock investment losses.”
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⚡️⚡️ #ETHUSDT ⚡⚡

Signal Type: Regular (Long)
Leverage: Cross(100X)

Entry Targets :
𝟭) 1856
𝟮) 1829

Take Profit Targets
𝟭) 1878
𝟮) 1910
𝟯) 1950
𝟰) 2030
𝟱) 2180

Stop Loss:
𝟭) 1800
LINK/USDT
Signal Type: Long
Leverage: Cross 20x
Entry Targets: 6.145  6.00
Take-Profit Targets:
1) 6.170
2) 6.195
3) 6.225
4) 6.270
5) 6.320
6) 6.375
7) 6.450
8) 6.520

Stop-Loss: 5.80
⚡️⚡️ #STORJ/USDT ⚡⚡

Signal Type: Regular (Long)
Leverage: Cross(20X)

Entry Targets :
𝟭) 0.39
𝟮) 0.37

Take Profit Targets
𝟭) 0.40
𝟮) 0.42
𝟯) 0.45
𝟰) 0.50
𝟱) 0.58

Stop Loss:
𝟭) 0.34
📊#OP/USDT

Signal Type: Regular (LONG) )
Leverage: Cross(20X)
Exchange : Binance future

Entry Targets :
𝟭) 1.24
𝟮) 1.23

Take Profit Targets
1) 1.25
2) 1.26
3) 1.28
4) 1.30
5) 1.32

Stop Loss:
𝟭) 1.21
$MTL short SETUP

ENTRY 1.42-1.45

1: 1.39
2: 1.36
3: 1.33

STOPLOSS 1.48

LEVERAGE (25x CROSS)

Use 5% funds only
Manage your risk accordingly
Use recommended leverage
⚡️⚡️#RVN/USDT ⚡️⚡️

Signal Type: (LONG)

Leverage: Cross 25X

Entry Range: 0.02175

Take-Profit Targets:

1)0.021967
2)0.022185
3)0.022402
4)0.02262
5)0.022837
6)0.025013

Stoploss:
5-10%
#LTC/USDT

Signal Type: Regular (Long)
Leverage: Cross(20X)
Exchange : Binance

Entry Targets :
𝟭) 111
𝟮) 107

Take Profit Targets
1) 113
2) 116
3) 120
4) 125
5) 132

Stop Loss:
𝟭) 104
SOL/USDT LONG (BUY)

♻Leverage : Cross 25X

Entry : 18.98 -  18.78

Take Profit:

1) 19.70
2) 20.10
3) 20.60

⭕Stoploss : 18.60
#1000XEC/USDT
Signal Type: (SHORT)
Leverage: Cross 20X
Entry Range: 0.0358
Take profit Targets:
1) 0.035263
2) 0.034905
3) 0.034547
4) 0.03401
5) 0.033652
6) 0.033115

Stoploss:
5-10%
📊#ID/USDT

Signal Type: Regular (Long
Leverage: Cross(20X)
Exchange : Binance

Entry Targets :

𝟭) 0.2847
𝟮) 0.2780
Take Profit Targets

1) 0.2870
2) 0.2910
3) 0.2960
4) 0.3010
5) 0.3060

Stop Loss:

𝟭) 0.2700
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers ‼️

📌 Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding.

✔️ According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following its interim close, Sygnum’s post-money valuation has reached approximately $900 million.

🟢 The strategic growth round positioned Sygnum AG to broaden its horizons into new markets, enhancing its already robust collection of regulated products and services to “take advantage of the increasingly positive market developments in the digital asset industry.”

➡️ The announcement stated that the bank’s resilience and financial success, particularly during the “crypto winter,” played a significant role in this latest funding achievement. By the end of 2023, Sygnum boasted an impressive annualized revenue rate exceeding $100 million and achieved a significant milestone by reaching positive cash flow in the fourth quarter.

💬 “We are pleased to have led Sygnum’s Strategic Growth Round fundraising at this topical moment when the demand for well-regulated, institutionalised services in crypto looks set to surge in 2024,” said Azimut Holding CEO Giorgio Medda.

💬 “Sygnum has been a Group key partner since 2021 as, first in Europe, we have developed together the first tokenisation of a private credit portfolio to benefit our alternative investment funds asset allocation,” said Medda.
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⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (LONG)
Leverage: Cross (20.0X)

Entry Targets:
1) 6.16
2) 5.90

Take-Profit Targets
1) 6.50 (50%)
2) 6.90 (25%)
3) 7.50 (25%)

Stop Targets:
1) 5.75 (100%)
#BCH  Long scalp

ENTRY 290-286

1: 296
2: 302
3: 308

STOPLOSS 282

LEVERAGE (25x CROSS)

Use 5% funds only
Manage your risk accordingly
Use recommended leverage
#CELR/USDT
Signal Type: Long
Leverage: Cross 30x
Entry Targets: 0.01635   0.01580
Take-Profit Targets:
1) 0.01643
2) 0.01651
3) 0.01660
4) 0.01673
5) 0.01688
6) 0.01704
7) 0.01725
8) 0.01750

Stop Loss: 0.0152
⚡️#1000XEC/USDT⚡️
LONG

Entry Zones: 0.0445-0.0410

1: 0.045. 2: 0.046
3: 0.048. 4: 0.051. 5: 0.055

STOP: 0.039

Leverage 20X Cross
⚡⚡ #DYDX/USDT ⚡⚡
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Cross (20.0X)

Entry Targets:
1) 2.11 ✅
2) 2.05 ✅

Take-Profit Targets:
1) 2.2
2) 2.35
3) 2.5

Stop Targets:
1) 1.95

Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
📍 UNI/USDT

⏫Signal Type: SHORT

💫Leverage: Cross 20X

🎪Entry Targets:- 5.300 - 5.220

🎯Profit Targets:
1) 5.200
2) 5.180
3) 5.160
4) 5.140
5) 5.120
6) 5.100

⚠️Stop Targets: 5.325
⚡️⚡️#KAVA/USDT⚡️⚡️
Signal Type: (LONG)
Leverage: Cross 25X
Entry Range: 0.9757
Take-Profit Targets:
1)0.9855
2)0.9952
3)1.005
4)1.0147
5)1.0245
6)1.1221

Stoploss:
5-10%
⚡️COMP/USDT

Entry Targets :
1) 42
2) 44

Leverage : 20X [ Cross ]

Take-Profit Targets:

1) 41
2) 40
3) 38
4) 35
5) 30

Stoploss : 46 (4H Closing)

Manage Your Risk Accordingly ✔️
⚡️CFX/USDT

Entry Targets :
1) 0.2290
2) 0.2150

Leverage : 20X [ Cross ]

Take-Profit Targets:

1) 0.2330
2) 0.2380
3) 0.2430
4) 0.2500
5) 0.2600
6) 0.2800

Stoploss : 0.205

Manage Your Risk Accordingly ✔️