DOJ “Sweet Deal” for Binance Changpeng Zhao Faces Backlash for Leniency

Changpeng Zhao, the former CEO of cryptocurrency exchange Binance, was recently sentenced, which led to a variety of reactions. Zhao, charged with noncompliance in the implementation of an adequate anti-money laundering program in Binance, was given four months in prison. This is in spite of the fact that the Department of Justice (DOJ) did not The post DOJ “Sweet Deal” for Binance Changpeng Zhao Faces Backlash for Leniency appeared first on CoinGape .

Read more

Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1

Amid the post-halving volatility in Bitcoin, the altcoin market has showcased a consolidating trend with a slight bearish tone. ENA, the token of decentralized finance (DeFi) protocol Ethena, is reflecting this downswing by resonating within two downsloping trendlines of falling wedge patterns. However, this pattern is known for indicating the maturity of a downtrend indicating The post Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1 appeared first on CoinGape .

Read more

Spot Litecoin ETF: Founder Charlie Lee Teases Possibility

The crypto industry is likely to witness an influx of different digital assets Exchange Traded Funds (ETFs) as Litecoin proponents are now mulling the possibility of having a LTC ETF. Litecoin Structural Similarities With Bitcoin Defined Litecoin founder, Charlie Lee recently graced an interview where he spoke with optimism about the potential of a spot The post Spot Litecoin ETF: Founder Charlie Lee Teases Possibility appeared first on CoinGape .

Read more

Crypto Presale Buzz: Raboo Draws Investors Amid Cardano and Avalanche Struggle

The post Crypto Presale Buzz: Raboo Draws Investors Amid Cardano and Avalanche Struggle appeared first on Coinpedia Fintech News Historical trends have repeatedly shown that big-time cryptos like Cardano and Avalanche are not immune to ecosystem problems. These problems have prompted their investors to search for other potentially lucrative cryptos like Raboo with explosive growth. Raising over $1 million, Raboo is set to change the status quo with its current crypto presale price of …

Read more

US DOJ Charges Bitcoin Pioneer Roger Ver with Tax Evasion

The United States Department of Justice (DOJ) has charged Roger Ver, a notable figure in the cryptocurrency world, with tax evasion. Ver, often referred to as Bitcoin Jesus due to his early and substantial investments in Bitcoin, was arrested in Spain. The DOJ now seeks his extradition to face trial in the United States. Arrest The post US DOJ Charges Bitcoin Pioneer Roger Ver with Tax Evasion appeared first on CoinGape .

Read more

SEC Ethereum ETF rejection sparks debates; Render rival poised for surge

While the SEC rejects Ethereum ETFs, Borroe Finance is gearing up for a significant market impact with its AI-driven approach. #partnercontent

Read more

SEC Ethereum ETF rejection sparks debates; Render rival poised for surge

While the SEC rejects Ethereum ETFs, Borroe Finance is gearing up for a significant market impact with its AI-driven approach. #partnercontent

Read more

EigenLayer Airdrop Faces Backlash Over Token Lockup

The unveiling of the EigenLayer airdrop details has ignited a mix of applause and intense scrutiny. The plan outlines a distribution of 45% of 1.67 billion tokens to the community. This includes an initial season airdrop of 5%, targeting protocol stakeholders. Yet, restrictions on token transferability have sparked widespread concern and debate. EigenLayer has stated The post EigenLayer Airdrop Faces Backlash Over Token Lockup appeared first on CoinGape .

Read more

Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyer

CZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Dr. Aaron Lane.

Read more

NYC woman gets 18 years in prison for funding terrorism using Bitcoin

A New York woman gets 18 years in prison for laundering $12,000 in Bitcoin to fund a terrorist group in Syria. Victoria Jacobs, also known as Bakhrom Talipov, 44, was sentenced to 18 years in prison by a New York…

Read more