Sam Bankman-Fried is officially indicted. He is not the first, nor am I sure the last person to be prosecuted for such types of crimes committed. Bernie Madoff didn't collapse stocks; FTX is not the end of crypto but a marking of the beginning of a great era of opportunities. https://drive.google.com/file/d/19Z-RCBsxnTr1s05srxS6EufI77uI9pvV/view?usp=share_link
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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
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.