The possibility that Ross Ulbricht is actually Satoshi Nakamoto has resurfaced on the forums. Was Bitcoin secretly created for illicit activities? What are the opinions for and against this hypothesis? Was Satoshi Nakamoto a criminal who created Bitcoin to cover up possible irregularities? Some coincidences raise doubts. Ross William Ulbricht was born in 1984 in […]
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The United States Securities and Exchange Commission (SEC) sues the founder of Bitcoin Academy for $1.2 million in fraud. In a new foray into the world of cryptocurrencies, the United States SEC announced a lawsuit against the founder of Bitcoin Academy. The agency accuses Brian Sewell of running an online fraudulent crypto scheme that cost […]
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JPMorgan Chase & Co. has expressed concern about Tether Holdings’ USDT approaching $100 billion in circulation. The bank’s report suggests that Tether’s “lack of regulatory compliance and transparency” could pose a risk to the entire crypto ecosystem. The entry of traditional financial entities such as JPMorgan into the stablecoin market could drastically alter the competitive […]
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The UAE and China made the first cross-border transaction in renminbi, moving 50 million dirhams ($13.6 million) using the mBridge network. The network, which connects the central banks of Hong Kong, Thailand, the UAE and China, helps de-dollarize amid US tensions. The rise of dollar-backed stablecoins could boost dollar dominance and alter the global financial […]
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The DOJ has accused Aliaksandr Klimenka of running an unlicensed money business and money laundering through BTC-e. Klimenka’s arrest in Latvia marks a crucial point in the case; He could face up to 25 years in prison if convicted. The case follows DOJ actions against Changpeng Zhao and Binance, illustrating a broader strategy to combat […]
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