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The recent collaboration between Ilya Lichtenstein and federal prosecutors has shed light on the illegal activities surrounding Bitcoin Fog, a crypto mixing service. It is essential to understand the context of the case, with Lichtenstein being the key figure behind the looting of billions of dollars from Bitfinex. His involvement in money laundering activities, particularly
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Marathon Digital, a prominent Bitcoin mining company based in the U.S., has recently released its quarterly earnings report for 2023. Surprisingly, the company has exceeded analysts’ expectations by a significant margin. Despite this positive news, Marathon’s stock price experienced a slight dip shortly after the announcement. However, this may just be a temporary setback. In
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The recent approval of Binance’s guilty plea and the $4.3 billion settlement deal for breaching anti-money laundering (AML) and sanctions laws by a U.S. federal judge has sent shockwaves through the cryptocurrency industry. The U.S. Department of Justice (DOJ) had been investigating Binance over the past few years, alleging violations of the Bank Secrecy Act
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In the world of cryptocurrency, predictions and speculations about the price of Bitcoin are common occurrences. One such prediction comes from the crypto financial services platform Matrixport, which has set a bullish target of $63,000 for Bitcoin. This prediction is based on various factors that are expected to drive the price of BTC to new
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Bitcoin has recently experienced a retracement after reaching a high of $53,000 on February 20. Despite this dip, Bitcoin whales are taking advantage of the situation by increasing their accumulation of the leading cryptocurrency. Ki Young Ju, the founder and CEO of the on-chain analytics platform Crypto Quant, highlighted in a recent X post that
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The recent surge in Ethereum’s price has sparked renewed interest in the crypto community, but Fred Krueger, an experienced Bitcoin ETF specialist, has raised doubts about the validity of this valuation. Krueger’s analysis points to a troubling trend in the usage of the Ethereum blockchain, highlighting a significant drop in daily active users from 120K
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