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Project by Trump’s Sons Launches User Verification: An Insight into World Liberty Financial's KYC Procedure and Community Reactions

Project by Trump’s Sons Launches User Verification: An Insight into World Liberty Financial's KYC Procedure and Community Reactions

In mid-September 2024, former President Donald Trump unveiled a new venture called World Liberty Financial, a project that has garnered attention not only for its political ties but also for its ambitious goals in the blockchain space. Developed in collaboration with his sons, this project aims to create a landing

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise as FTX

Donald Trump Proclaims Intent to Become "Crypto President" with $12 Million Campaign Fundraiser Support

Donald Trump Proclaims Intent to Become "Crypto President" with $12 Million Campaign Fundraiser Support

In a significant display of support for the digital asset industry, politician Donald Trump has once again underscored his endorsement of cryptocurrencies. The U.S. presidential candidate recently announced his intention to become the "crypto president" during a high-profile fundraising event, securing an impressive $12 million in donations for his

Politicians Urge Biden to Intervene in Binance Case in Nigeria

Politicians Urge Biden to Intervene in Binance Case in Nigeria

A group of politicians has sent a special letter to U.S. President Joe Biden, calling on him to intervene in the case of Binance's top executive, Tigran Gambaryan, who has been detained in Nigeria for over three months. Gambaryan faces charges of money laundering and tax evasion. On June

U.S. Court Dismisses DEBT Box Case, Orders SEC to Pay $1.8 Million in Penalties

U.S. Court Dismisses DEBT Box Case, Orders SEC to Pay $1.8 Million in Penalties

In a significant legal development, the U.S. District Court for Utah has officially closed the case against the cryptocurrency firm DEBT Box, marking a notable setback for the Securities and Exchange Commission (SEC). On May 28, 2024, Federal Judge Robert Shelby dismissed the SEC's lawsuit against DEBT Box and

Donald Trump Explores Using Bitcoin to Address the U.S.'s $34.7 Trillion National Debt

Donald Trump Explores Using Bitcoin to Address the U.S.'s $34.7 Trillion National Debt

Former U.S. President Donald Trump has shown interest in an unconventional method to manage the country's soaring national debt, which currently stands at $34.7 trillion. During a recent online event called the Orange Party hosted on the social media platform X (formerly known as Twitter), Trump queried the

Venezuela Bans Cryptocurrency Mining to Protect Its Power Grid

Venezuela Bans Cryptocurrency Mining to Protect Its Power Grid

In a bold move to stabilize its national energy supply, Venezuela has officially imposed a ban on cryptocurrency mining across the country. According to government officials, this initiative aims to address the unreliable power supply that has plagued the nation for the past decade. Local law enforcement has already seized

Uniswap Founder Urges President Biden to Reconsider His Stance on Cryptocurrencies, Warning of Potential Electoral Defeat

Uniswap Founder Urges President Biden to Reconsider His Stance on Cryptocurrencies, Warning of Potential Electoral Defeat

Hayden Adams, the founder of the decentralized trading platform Uniswap, has publicly called on U.S. President Joe Biden to shift his administration's approach towards cryptocurrencies. In a pointed critique, Adams expressed concerns that Biden’s current disregard for the crypto sector might jeopardize his chances in the upcoming elections.

"Montenegro's Prosecution Challenges Extradition Decision of Do Kwon"

"Montenegro's Prosecution Challenges Extradition Decision of Do Kwon"

In a significant move, the Prosecutor's Office of Montenegro has lodged an appeal with the Supreme Court, seeking to overturn the extradition order of Do Kwon. The department has raised concerns, stating that the decision for a simplified extradition procedure could only have been made by the Minister of Justice.

Legal Battle Intensifies: Sam Bankman-Fried's Defense Challenges 50-Year Sentence Proposal

Legal Battle Intensifies: Sam Bankman-Fried's Defense Challenges 50-Year Sentence Proposal

In a recent development that has captivated the financial and legal sectors alike, the defense team for Sam Bankman-Fried (SBF), the embattled founder of FTX, has vociferously objected to the U.S. prosecutors' recommendation for a 50-year prison sentence. This stance was taken in response to the U.S. prosecution's