Crypto Currency

Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal

Published 2 years ago in
Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal […]
The post Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation appeared first on Blockonomi…
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Crypto Currency

Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows

Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate’s data…

Published 5 hours ago in
Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows

Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate’s data…
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Crypto Currency

Florida IT professional accused of stealing $1.9M in Bitcoin from former employer

This incident underscores the critical need for enhanced security measures and vigilance in cryptocurrency management to prevent insider theft. The post Florida IT professional accused of stealing $1.9M in Bitcoin from former employer appeared first on Crypto Briefing…

Published 5 hours ago in
Florida IT professional accused of stealing $1.9M in Bitcoin from former employer

This incident underscores the critical need for enhanced security measures and vigilance in cryptocurrency management to prevent insider theft.
The post Florida IT professional accused of stealing $1.9M in Bitcoin from former employer appeared first on Crypto Briefing…
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Crypto Currency

Trump reaffirms no easing of sanctions on Iran, no fund releases

The continued sanctions on Iran could escalate tensions, impacting global oil markets and increasing scrutiny on cryptocurrency platforms. The post Trump reaffirms no easing of sanctions on Iran, no fund releases appeared first on Crypto Briefing…

Published 5 hours ago in
Trump reaffirms no easing of sanctions on Iran, no fund releases

The continued sanctions on Iran could escalate tensions, impacting global oil markets and increasing scrutiny on cryptocurrency platforms.
The post Trump reaffirms no easing of sanctions on Iran, no fund releases appeared first on Crypto Briefing…
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Crypto Currency

Bitcoin (BTC) Crisis: 2 Choices, $88B at Risk

The conflict about Bitcoin (BTC) now exists beyond its technical aspects. The situation has developed into a political battle. The matter has progressed to a philosophical dispute. The situation requires immediate attention alongwith immediate resolution. Charles Hoskinson stands as the main figure who demonstrates that any effort to “steal” or freeze Satoshi’s coins will result

Published 9 hours ago in
Bitcoin (BTC) Crisis: 2 Choices, $88B at Risk

The conflict about Bitcoin (BTC) now exists beyond its technical aspects. The situation has developed into a political battle. The matter has progressed to a philosophical dispute. The situation requires immediate attention alongwith immediate resolution. Charles Hoskinson stands as the main figure who demonstrates that any effort to “steal” or freeze Satoshi’s coins will result [……
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