Day: February 14, 2025

Judge Grants 60-Day Pause in Binance vs. SEC Legal Battle

A U.S. district judge has granted a 60-day stay in the ongoing legal battle between Binance and the U.S. Securities and Exchange Commission (SEC), giving both parties time to assess new regulatory developments. 📌 Judge Amy Berman Jackson of the District Court of Columbia ruled on Thursday that the temporary pause will last until April […]

$400M in Crypto Ponzi Case as Estonian Fraudsters Plead Guilty

The U.S. Attorney’s Office for the Western District of Washington has secured $400 million in asset forfeiture as part of a guilty plea from two Estonian nationals who orchestrated a $577 million crypto Ponzi scheme. 🔹 Sergei Potapenko and Ivan Turõgin, both 40, pleaded guilty to conspiracy to commit wire fraud after deceiving investors through […]

Robert Kiyosaki Warns of Market Crash & Economic Collapse

Robert Kiyosaki, the financial educator and bestselling author of Rich Dad Poor Dad, has once again sounded the alarm on an impending global economic downturn. Kiyosaki, whose book has sold over 32 million copies in 51+ languages, took to social media platform X (formerly Twitter) on February 13, warning that a severe market crash, economic […]

10% of Global GDP Could Be Crypto-Based by 2030

Coinbase CEO Brian Armstrong has declared the “dawn of a new era for crypto” in the U.S., predicting that up to 10% of global GDP will be running on blockchain technology by 2030. Speaking during Coinbase’s Q4 2024 earnings call on February 13, Armstrong compared today’s crypto adoption to the early 2000s internet boom, when […]

Malaysia Fire Uncovers Illegal Bitcoin Mining Operation

A fire caused by an explosion in an empty house in Bandar Puncak Alam, Malaysia has led authorities to uncover an illegal Bitcoin mining operation, further highlighting concerns over cryptocurrency mining and electricity theft in the country. Authorities suspect that unauthorized power connections were being used to operate mining rigs, a practice that has become […]

SEC Reviews Grayscale’s Dogecoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a new crypto ETF proposal, this time for Dogecoin (DOGE)—the seminal meme token in the crypto industry. On Thursday, NYSE Arca submitted a 19b-4 filing to list shares of the Grayscale Dogecoin Trust, outlining plans to convert the fund into an exchange-traded product (ETP) that […]