According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $ 24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $ 10,000. The 11-Year Slumber: $ 24.88M in Bitcoin …
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen Ruja Ignatova’s Business Partner Gets Lengthy Sentence for Onecoin Role […]
Jamie Dimon, chairman and CEO of JPMorgan Chase, has warned that it is “a huge mistake” to think that the U.S. economy will boom “for years” given that there are so many risks out there. The executive stressed: “I just think people make a mistake to look at real-time numbers and not look at the […]
The CEO of collapsed Turkish crypto exchange Thodex has been sentenced to 11,196 years, 10 months, and 15 days in prison. He purportedly absconded with more than $ 2 billion in cryptocurrency belonging to more than 400,000 customers. The court found his crypto trading platform to be a criminal organization. Thodex Chief Sentenced to …
Despite Bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $ 26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92 BTC, equivalent to $ 9.2 million, across eight distinct …