An Ohio investment manager who promised clients risk-free fortunes in Bitcoin derivatives while quietly routing their money to earlier investors was sentenced Monday to nine years in federal prison — the latest courtroom reckoning in what federal authorities describe as a surging wave of cryptocurrency fraud sweeping the United States. Rathnakishore Giri, 31, of New
Social media influencers are confusing their audiences about the basic operations of brokerages and MicroStrategy shares like Strife (STRF). Source link
US export-control cases show how Nvidia chips and other restricted tech are allegedly diverted to China and Russia through shell firms and intermediaries. The post Banned Nvidia AI Chips Keep Reaching China Despite US Crackdown appeared first on TechRepublic. Source link
In Bitcoin ETF news today, Goldman Sachs has quietly liquidated its entire XRP ETF and Solana ETF positions in Q1 2026, according to the firm’s latest 13F filing, a full exit from two products it had only just started building exposure to months earlier, while at the same time, BTC ETF products have seen nearly
Aave announced it has restored WETH LTV (Loan-to-Value) to pre-incident levels on affected networks on May 17, marking a new milestone in its technical recovery plan following the exploit related to KelpDAO’s rsETH back in April. This move allows users to resume borrowing against WETH on Aave V3, including collateral swaps and debt swaps. While
Key Takeaways A federal jury dismissed Musk’s lawsuit against OpenAI on May 18, citing a statute of limitations. Musk called the verdict a “calendar technicality” and plans to appeal to the Ninth Circuit Court. OpenAI, valued at around $730 billion pre-funding, is targeting a public market debut by end of 2026. Verdict Reached, But Battle
Will the token finally break out of its prolonged consolidation phase? Although every major breakout attempt from the cross-border token has been halted in the past several months, analysts continue to be highly positive that such a big move is in the making. Ali Martinez is the latest to outline such an opinion, basing
Web3 education and acceleration platform Rise In and the Stellar Development Foundation (SDF) have launched the APAC Stellar Hackathon, a developer competition focused on building financial applications across Southeast Asia. The event is primarily conducted online for developers across the region and includes localized support through workshops, community meetups, and university activations in the Philippines,
There are some technical analysts who believe an offset chart of M2 global money supply can somehow predict BTC prices. Source link
Swan Bitcoin is facing a nearly $1 billion lawsuit tied to the 2023 collapse of crypto custodian Prime Trust. Summary PCT Litigation Trust seeks $970 million from Swan Bitcoin over transfers before Prime Trust bankruptcy. The complaint says Swan moved 11,994 BTC plus cash, stablecoins, and XRP before bankruptcy filing. Swan disputes the claims, saying