Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $ 1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious positions in the crypto space, with U.S. bitcoin exchange-traded products …
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals have 90 days to file claims, with promises of refunds for all deposited funds or […]
US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme
A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed returns but left victims unable to withdraw funds while promoters pocketed millions. The fraudster was ordered to forfeit over $ […]
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From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $ 7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $ 7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various …