Historic win for the Justice department. After ten years, 50,000 BTC was recovered from a Silk Road abuser. James Zhong, now 32, is looking at 20 years in prison.
https://www.justice.gov/usao-sdny/pr/us-attorney-announces-historic-336-billion-cryptocurrency-seizure-and-conviction
Department of justice arrests 3 criminals for defrauding banks and cryptocurrency exchanges through false chargebacks and identity theft, in excess of 4 million USD. https://www.justice.gov/usao-sdny/pr/three-members-miami-crew-charged-defrauding-banks-and-cryptocurrency-exchange-more-4
Tornado cash is blacklisted by OFAC. https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220808
Senators Durbin, Warren, and Smith sent a joint effort letter to Abigail Johnson, CEO of Fidelity Investments, to discourage crypto 401(k). https://drive.google.com/file/d/1x-MJWEry2TT0MCi932bdat6uUz8rIfI1/view?usp=sharing #crypto401
Ruta Ignatova of OneCoin makes FBI top 10 most wanted. Wanted by Europol and FBI she has less and less options. https://www.fbi.gov/wanted/topten
Proposed by Senator Lummis bill will exempt a capital gain on personal digital transactions up to $600 and will classify altcoins as securities. A major advancement for Bitcoin. #bitcoin https://drive.google.com/file/d/1ioPQVy79KpQLbfQEUDvprkD8jnLnM4MY/view?usp=sharing
Ruja Ignatova of OneCoin makes the interpol most wanted list. https://eumostwanted.eu/
Cool Friday read.O'Leary sues Jay Clayton, Bill Hinman, and other SEC employees for alleged abuse of power for personal gain in an attempt to manipulate prices of XRP and Ethereum. https://drive.google.com/file/d/1rKHAjd5K3Iji3XXjztmfsdNCkwoZDuuY/view?usp=sharing
The City Council of Fort Worth, TX unanimously approved BTC mining with city-owned mining rigs. NYDIG will custody the city bitcoin.
https://fortworthgov.legistar.com/View.ashx?M=F&ID=10827104&GUID=E1AA340C-1AC8-49EC-B6C6-5DEBE7AFEB73
When going to sleep at night, do you feel like you have done everything you could that day to get desired results? #ambition #motivation
Warning for 401k administrators and financial advisors from DOL. https://www.dol.gov/agencies/ebsa/employers-and-advisers/plan-administration-and-compliance/compliance-assistance-releases/2022-01
With over 20 years of progressive international management experience including major Wall Street leaders in finance, project management, strategic leadership, and information technology management, Andrew has been at the forefront of fintech and renewable energy industries.