The defense team of Terra and Do Kwon said a Jump Crypto whistleblower helped the U.S. Securities and Exchange Commission (SEC) build a case against the defendants. The SEC accused Terra and Do Kwon of multi-billion crypto fraud, misleading investors about UST algorithmic stablecoin (now USTC), and violating securities and exchange regulations. Jump Crypto Whistleblower…

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Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in Binance, Coinbase and Wintermute using eight cryptocurrencies. Blockchain analysis firm Spot On Chain found $10.8 million worth of cryptocurrencies being moved from FTX and Alameda Research accounts to various crypto exchanges. The firm estimated that the defunct entities…

The ongoing discourse surrounding central bank digital currencies (CBDCs) has taken a significant turn as the U.S. Federal Reserve becomes inundated with multiple recommendations advocating for the integration of XRP, the native cryptocurrency of the XRP Ledger (XRPL), into the CBDC framework. This move by the Federal Reserve, which solicited insights from industry experts and…

Author of “Rich Dad Poor Dad” Robert Kiyosaki anticipates a mega market collapse ahead due to economic and political changes. In an X post, Kiyosaki stresses the upcoming challenges of the market pointing toward the recent US Congress drama. Robert Kiyosaki: Next Great Depression Is War, Buy Bitcoin Kiyosaki has warned multiple times about a…

Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even considered paying another inmate for “protection,” according to a former inmate.  New York mob enforcer-turned-informant Gene Borrello told crypto blogger Tiffany Fong in a Nov. 30 interview that he spent time with Bankman-Fried in…

Anthony Scaramucci, the founder of SkyBridge Capital, is quite optimistic about the U.S. Securities and Exchange Commission (SEC) approving the spot Bitcoin ETF filings. This comes after the SEC officials’ meeting with representatives from Blackrock over the potential ETF approval. Meanwhile, the Bitcoin Price (BTC) is maintaining the $37,000 level ahead of the Christmas holiday…

ZUG, Switzerland–(BUSINESS WIRE)–SEBA Bank AG, a fully licensed Swiss crypto bank, announced today its new brand identity: AMINA Bank AG. The group operates globally from its regulated hubs in Zug, Abu Dhabi and Hong Kong, offering its clients traditional and crypto banking services. SEBA Bank made history in 2019 by becoming one of the first…

Crypto exchange Coinbase says it had recorded a 6% rise in requests from law enforcement and government agencies compared to 2022, with the number of jurisdictions issuing requests jumping by 19, according to the exchange’s annual Transparency Report. Four countries — the United States, Germany, the United Kingdom, and Spain — made up nearly three-quarters…

Ripple, the leading blockchain-based payments company, has achieved a significant milestone by surpassing 500 organizations in its client base. This expansion is accompanied by the widespread use of XRP as a bridge currency for cross-border payments, underscoring Ripple’s growing dominance in the global payments landscape. Fiona Murray, Ripple’s Vice President of Sales for the Asia-Pacific…