Fraud Mastermind Carries Out Slew of Inheritance Scams Targeting Elderly and Vulnerable Americans: DOJ

A Nigerian citizen has confessed to masterminding a multi-million-dollar international inheritance scam that targeted elderly or vulnerable Americans. In a new press release , the U.S. Department of Justice (DOJ) says that 41-year-old Ehis Lawrence Akhimie has pleaded guilty to operating a transnational inheritance fraud scheme that defrauded over $6 million from more than 400 victims over the course of several years. Authorities say that Akhimie and his co-conspirators sent letters to their victims in the US falsely claiming they were representatives of a bank in Spain. The scammers told the recipients that their relative had died in another country and left them with a multi-million-dollar inheritance. The bad actors also told their victims that if they wanted to receive the inheritance, they would need to pay delivery fees, taxes and other bills to avoid any friction with the government. The scammers then raked in the money and never followed through on any promise. Akhimie faces 20 years behind bars after pleading guilty to conspiracy to commit mail and wire fraud. As stated by Assistant Attorney General Brett A. Shumate, head of the Justice Department’s Civil Division, “The Justice Department’s Consumer Protection Branch will continue to pursue, prosecute and bring to justice transnational criminals responsible for defrauding US consumers, wherever they are located. This case is a testament to the critical role of international collaboration in tackling transnational crime.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Fraud Mastermind Carries Out Slew of Inheritance Scams Targeting Elderly and Vulnerable Americans: DOJ appeared first on The Daily Hodl .

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Bitcoin whale moves $8.6 billion in BTC, likely for address upgrade, not selling

According to blockchain intelligence firm Arkham, the Bitcoin whale who recently moved $8.6 billion in BTC for the first time in over 14 years likely has no intention to sell. The firm believes the whale transferred their assets for an address upgrade. In an X post , the firm said , “Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses. There are no indications that this whale is selling Bitcoin.” Whale transferred assets due to transition to a Native SegWit address Arkham had earlier revealed that a BTC whale executed eight transfers to relocate roughly 80,000 BTC purchased years ago for just $0.78 to $3.37 per coin. However, within the first few hours of the transfer, speculation swirled about potential sell-offs and a looming crypto market crash. Crypto community members questioned the trader’s intentions, leading to a brief period of Bitcoin price consolidation. While some interpreted the transfer as a calculated effort to take advantage of Bitcoin nearing its all-time high, others viewed it as a potential ploy to sow FUD in the market before pumping their prices for greater returns. Some also believed that the trader needed to update their cold storage solution, and others went as far as to associate the move with the government. Arkham, however, suggests the eight transfers were made as a technical move to transition from a legacy wallet to a more secure and fee-efficient Native SegWit address. The firm claimed there were no signs that the whale intends to sell the assets. Nevertheless, blockchain research firm 10x Research noted that although there’s no indication that the tokens are being readied for sale, the past few months have shown early holders slowly selling into ETF and corporate treasury demand. For instance, in February, Bitcoiner PlanB disclosed that he had converted all of his Bitcoin holdings into spot Bitcoin ETFs. He argued that not dealing with keys anymore is much easier, adding, “I guess I am not a maxi anymore.” Coinbase’s Conor Grogan suggests wallet compromise The Bitcoin transfer also drew the attention of major crypto players, some weighing in on the possible cause or just giving their general opinion on the matter. For starters, Conor Grogan, Coinbase’s head of product, suggested that the $8.6 billion transfer might result from a hack, warning that if confirmed, it could represent the largest theft in crypto history. He further argued that before the assets were moved, a single BCH test transaction was done, possibly indicating that the actor was testing the private key discreetly, as BCH tends to attract less attention from whale-tracking services. On the other hand, Binance’s former CEO Changpeng “CZ” Zhao stated that he “got into crypto too late,” citing how 14 years ago most whales bought their BTC for roughly $0.1. Some analysts hinted that Roger Ver could be the whale responsible for the transfer. They believe he made similar Bitcoin purchases in 2011 and recently bailed out of a Spanish prison on June 5. However, nothing about the whale’s identity has been confirmed. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

Bitcoin traded at $108,162 on July 6, 2025, with a market capitalization of $2.15 trillion. Daily trading volume stood at $9.49 billion, as the cryptocurrency oscillated within a narrow intraday range between $107,876 and $108,252. Bitcoin On the 1-hour chart, bitcoin exhibited muted price action with tight consolidation between $107,800 and $108,400. The low volume

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Bitcoin May Reach $230,000 If Cup and Handle Breakout Completes, Analysis Suggests

Bitcoin and Solana are poised for significant gains as monthly chart analysis reveals potential cup and handle breakout patterns signaling bullish momentum. With Bitcoin targeting $230,000 and Solana aiming for

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LINK and SUI Set for Huge Breakouts While XYZVerse Eyes $0.10 Listing and 15,000% Gains

The cryptocurrency market is abuzz as Chainlink and Sui hint at significant price surges on the horizon. At the same time, a new player, XYZVerse, is preparing for a notable launch price of $0.10, with projections suggesting potential gains as high as 15,000%. These developments have caught the attention of investors eagerly watching for the next big opportunity. Undervalued $XYZ Meme Coin Gears Up for Listing on a Major CEX XYZVerse ($XYZ) is the meme coin that has grabbed headlines with its ambitious claim of rising from $0.0001 to $0.1 during a presale phase. So far, it has gone halfway, raising over $14 million, and the price of the $XYZ token currently stands at $0.003333 . At the next 13th stage of the presale, the $XYZ token value will further rise to $0.005 , meaning that early investors have the chance to secure a bigger discount. Following the presale, $XYZ will be listed on major centralized and decentralized exchanges. The team has not disclosed the details yet, but they have put a teaser for a big launch. Born for Fighters, Built for Champions XYZVerse is building a community for those hungry for big profits in crypto — the relentless, the ambitious, the ones aiming for dominance. This is a coin for true fighters — a mindset that resonates with athletes and sports fans alike. $XYZ is the token for thrill-seekers chasing the next big meme coin. Central to the XYZVerse story is XYZepe — a fighter in the meme coin arena, battling to climb the charts and make it to the top on CoinMarketCap. Will it become the next DOGE or SHIB? Time will tell. Community-First Vibes In XYZVerse, the community runs the show. Active participants earn hefty rewards, and the team has allocated a massive 10% of the total token supply — around 10 billion $XYZ — for airdrops, making it one of the largest airdrops on record. Backed by solid tokenomics, strategic CEX and DEX listings, and regular token burns, $XYZ is built for a championship run. Every move is designed to boost momentum, drive price growth, and rally a loyal community that knows this could be the start of something legendary. Airdrops, Rewards, and More — Join XYZVerse to Unlock All the Benefits LINKing the World: How Chainlink Transforms Smart Contracts Chainlink is a network that helps smart contracts talk to the real world. Smart contracts are like digital agreements on the blockchain, but they usually can’t access data outside their network. Chainlink solves this problem using oracles, which bring data from external sources to the blockchain. This allows smart contracts to use real-world data, like prices or events. Chainlink ensures this data is accurate by checking it through multiple sources and using a reputation system. The potential of Chainlink is huge. By connecting blockchains to real-world data, it makes smart contracts much more useful. This is important for industries like finance, insurance, and supply chains. The LINK token is key in this system. It’s used to pay for data services and rewards those who provide accurate data. In the current market, LINK stands out because it offers real utility. While many other coins are just speculative, Chainlink has a working product used by many projects. With growing interest in decentralized finance, Chainlink’s technology could be very attractive to investors. Sui: The Rising Star Simplifying Blockchain for Everyone Sui is making waves as a new blockchain platform aiming for global use. It stands out by focusing on security, power, and the ability to grow as more people use it. At its core, Sui uses a unique way of handling data and a safe programming language called Move. These tools help Sui solve common problems that other blockchains face, making it a strong base for developers and users alike. But Sui isn’t just about strong technology; it’s also about making things easy for users. It removes barriers that often make blockchain hard to interact with. With features like zkLogin, sponsored transactions, and programmable transaction blocks, Sui makes web apps more accessible and friendly. In a market where user experience matters more than ever, Sui’s approach could give it an edge over other coins. Its focus on both tech and ease of use might make it an attractive option for those looking for promising opportunities in the ever-changing crypto world. Conclusion LINK and SUI show strong potential, but XYZVerse stands out with its unique sports memecoin, aiming for massive growth and community-driven success in the current bull market. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Continue Reading: LINK and SUI Set for Huge Breakouts While XYZVerse Eyes $0.10 Listing and 15,000% Gains

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Bitcoin 'cup and handle' breakout gives $230K target as SOL eyes 2800% gain

Bitcoin and Solana are in for astronomical upside if they both complete a cup and handle breakout pattern, monthly chart analysis concludes.

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Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

Mercado Bitcoin, one of Latin America’s largest crypto exchanges, announced plans to tokenize $200 million worth of real-world assets (RWAs) on the XRP Ledger. Key Takeaways: Mercado Bitcoin will tokenize $200M in fixed-income and equity assets on the XRP Ledger. Ripple’s move comes amid forecasts of a $19 trillion tokenized asset market by 2033. Calls for clear U.S. tokenization rules are growing as major players push into RWAs. The move will bring tokenized fixed-income and equity instruments onto XRPL, as the exchange looks to tap into the growing market for digital versions of traditional assets, according to a statement released by Ripple on Friday . “Mercado Bitcoin’s integration with the XRPL shows how public blockchain infrastructure is being trusted by institutions and is becoming a reliable foundation for bringing regulated financial products to the market,” said Silvio Pegado, Managing Director, LATAM at Ripple. Push for Tokenization Rules Gains Steam in US Market Ripple’s announcement follows a Boston Consulting Group report forecasting the tokenized RWA sector to reach a market capitalization of $19 trillion by 2033, underscoring surging interest from both crypto-native and traditional financial players. The deal highlights momentum across the industry as asset managers and blockchain firms ramp up efforts to secure regulatory frameworks for tokenized assets, especially in the United States. Earlier this week, Ondo Finance, a decentralized finance protocol, acquired Oasis Pro , a regulated trading platform specializing in digital securities settlements, to deepen its footprint in the RWA market. Meanwhile, Centrifuge, another blockchain firm focused on real-world assets, unveiled plans to tokenize the S&P 500 index, offering decentralized access to a basket of America’s top publicly listed companies. WOW! THIS IS BULLISH FOR $XRP Mercado Bitcoin is unlocking $200M+ of real-world assets on XRP Ledger No hype, just regulated yield on-chain This is LATAM’s biggest tokenization wave, and it won’t stop there When $19T goes digital, will you still be on the sidelines? pic.twitter.com/QwGoRtTBeK — X Finance Bull (@Xfinancebull) July 5, 2025 The rush into tokenized RWAs has also attracted attention from the biggest names in finance. In January, BlackRock CEO Larry Fink publicly called on the U.S. Securities and Exchange Commission to approve tokenization of stocks and bonds , arguing it could improve market efficiency. Last week, SEC Chairman Paul Atkins told CNBC that the “rules have not been clear” when it comes to regulating digital assets in the United States and hinted at the “imminent” boom in tokenization as a whole. Atkins claimed that tokenization is “the next step” in order to have “much more efficiency” across markets. Ripple Drops Cross-Appeal Against SEC to Resolve Case Last month, Ripple CEO Brad Garlinghouse revealed the company will withdraw its cross-appeal against the SEC, adding that the regulator is also expected to drop its own appeal. The announcement followed a U.S. district court decision rejecting a joint request from Ripple and the SEC to reduce Ripple’s $125 million civil penalty and overturn the ruling that classified Ripple’s institutional XRP sales as securities transactions. In her ruling, Judge Analisa Torres noted Ripple’s readiness to “push the boundaries” of the earlier summary judgment, suggesting a risk of future violations. Ripple’s chief legal officer, Stuart Alderoty, said the firm faced a choice between dropping the appeal or continuing to contest the finding. He emphasized that regardless of the decision, “XRP’s legal status as not a security remains unchanged,” and assured that Ripple’s business operations would continue as usual. The post Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals appeared first on Cryptonews .

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Join the Binance Wallet Metaplex (MPLX) Trading Competition and Win Exclusive Token Rewards

Binance Wallet has officially launched the Metaplex (MPLX) trading competition on Binance Alpha, commencing on July 6, 2025, at 21:00 GMT+8 and concluding on July 20, 2025, at the same

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XRP to Get US Banking License, Predicts Top AI: Here's the Setup

Top AI agent AIXBT predicts XRP to get full US banking access and reveals actual playbook how to capitalize off it

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Hyperliquid’s price struggles as whale offloads 215K HYPE: Is a drop coming?

How low does HYPE need to fall before bargain hunters step in again?

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