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U.S. Government Seeks 18-Month Prison Sentence for 'Crocodile of Wall Street' in Major Cryptocurrency Heist Case

U.S. Government Seeks 18-Month Prison Sentence for 'Crocodile of Wall Street' in Major Cryptocurrency Heist Case

The U.S. government is pushing for an 18-month prison sentence for rapper Heather Morgan. She pleaded guilty to a money-laundering conspiracy tied to one of the biggest cryptocurrency heists ever. Morgan, who calls herself the “Crocodile of Wall Street,” has been cooperating with authorities. This cooperation is part of

South Korea's Financial Services Commission Considers Spot Bitcoin ETFs Amid Growing Global Interest

South Korea's Financial Services Commission Considers Spot Bitcoin ETFs Amid Growing Global Interest

South Korea's Financial Services Commission (FSC) is thinking about changing its view on spot Bitcoin ETFs (exchange-traded funds). They've handed this decision over to a new crypto advisory committee. If they approve it, South Korea could join a growing list of countries that are exploring these

47% of Hedge Funds Now Invest in Cryptocurrencies, Driven by Regulatory Clarity and ETF Launches

47% of Hedge Funds Now Invest in Cryptocurrencies, Driven by Regulatory Clarity and ETF Launches

Almost half of hedge funds are diving into cryptocurrencies. A recent survey by PwC found that 47% of traditional hedge funds now have some exposure to digital assets. That’s a big jump from about 29% last year and 37% in 2022. This survey, which included around 100 global hedge

Bitcoin as Mortgage Collateral: A New Path to Sustainable Homeownership

Bitcoin as Mortgage Collateral: A New Path to Sustainable Homeownership

It's interesting to see how cryptocurrency products are evolving. They are moving beyond just being a currency or a store of value. In this edition, Meredith Yarbrough, managing partner and co-founder of La Hoja Capital Partners, dives into how bitcoin could be used as collateral for mortgages. What

OKX Launches Operations in UAE with AED-Denominated Order Book and Local Banking Partnership

OKX Launches Operations in UAE with AED-Denominated Order Book and Local Banking Partnership

OKX has officially launched its operations in the UAE. This comes nine months after the exchange received a full license from the Virtual Assets Regulatory Authority (VARA). The goal? To attract both retail clients and institutional investors who may have been hesitant to dive into the crypto market. DUBAI — With

Prosecutors Seek 18-Month Sentence for Heather Morgan in Bitfinex Bitcoin Laundering Case

Prosecutors Seek 18-Month Sentence for Heather Morgan in Bitfinex Bitcoin Laundering Case

Prosecutors are asking for Heather Morgan, known as “Razzlekhan,” to receive an 18-month prison sentence. This request stems from her involvement in laundering 120,000 bitcoins stolen from Bitfinex during a hack in 2016. In August 2023, Morgan pleaded guilty to one count of money laundering conspiracy and one count

Ethena Allocates $46 Million Reserve Fund to Tokenized Assets, Including BlackRock's BUIDL and Sky's USDS

Ethena Allocates $46 Million Reserve Fund to Tokenized Assets, Including BlackRock's BUIDL and Sky's USDS

Ethena, a decentralized finance (DeFi) protocol, recently made an exciting announcement. They’re the issuer of the $2.5 billion yield-generating USDe "synthetic dollar" token. Now, they plan to invest their $46 million backup fund into several tokenized assets. These investments include BlackRock's and Securitize'