Nigerian Users Tell Binance 'Stop Scamming' - Exchange ... - cyptoranking.com

2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
Image: cyptoranking.com

The crypto exchange FTX and Alameda Research faced its downfall in November 2022. Amid the chaos of the collapse, an unknown attacker managed to steal upwards of $500 million in digital assets. At the time of the attack, the funds were spread between over a dozen ancillary addresses. There, they remained largely dormant until last week. In a tweet, Deutscher noted range bound trading from Q2 to Q4 of pre-halving years is historically the norm before bullish shifts around November 21st. Nigerian Users Tell Binance 'Stop Scamming' - Exchange ...Although an assessment of Chiliz’s (CHZ) page of X (formerly Twitter) did not give exact details of what the tokens were for, the transfer to Binance is a sign that the tokens may be sold. Gamers hate NFTs, according to Helius co-founder Mert Mumtaz.

Exchange Rankings Crypto
Image: cyptoranking.com

KuCoin Faces $116M Crypto Outflow Challenge; Polygon and InQubeta Presale Leave VCs in Awe Magazine: Blockchain detectives — Mt. Gox collapse saw birth of ChainalysisBrazilian Police Arrest ‘Gunpoint Crypto Thieves’ How Many Cryptocurrencies Are There?The current value of the RSI is 38.20 points and the 14-day SMA is below the median line at 45.37 points. The second week of the criminal trial for former FTX exchange CEO Sam “SBF” Bankman-Fried continues on Oct. 10, with all eyes on the testimony from key witness Caroline Ellison. Ellison is a former romantic partner of SBF and the former CEO of the FTX-affiliated hedge fund Alameda Research, which also filed for Chapter 11 bankruptcy in November 2022. The former Alameda CEO had lived with Bankman-Fried, along with other FTX executives, in the Bahamas for a period of time. Given Ellison’s former positions, she was a part of Bankman-Fried’s inner circle. In her testimony, prosecutors and the presiding judge over the case, Lewis Kaplan, expect her to provide details regarding the shuffling of customer funds between FTX and Alameda Research. The main focus of the trial thus far has been the alleged fraudulent use of customer funds to repay FTX debtors. Particularly anticipated will be Ellison’s commentary on a meeting in November 2022, during which she admitted to employees of Alameda that Bankman-Fried had given her the go-ahead to use funds for the purposes mentioned above. Related: FTX used Python code to fake its insurance fund figure — Gary WangIn December 2022, Ellison and former FTX chief technology officer Gary Wang pleaded guilty to their alleged roles in the fraud that led to the collapse of the exchange. Shortly after both pleaded guilty, on Dec. 22, they were hit with additional fraud charges by the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). The SEC alleged that Ellison furthered the fraud scheme by manipulating the FTX Token (FTT) price.Ellison then agreed to a plea deal with the Office of the U.S. Attorney for the Southern District of New York, which meant full disclosure of information and documents demanded by prosecutors during the trial. In exchange, Ellison was able to evade all major charges against her, including a potential 110-year prison sentence. Shortly after, she revealed that she had been aware of FTX customer funds being used, saying that Alameda had access to a “borrowing facility” through FTX from 2019 to 2022.The U.S. Department of Justice said that Ellison’s personal memos, which include diary entries, will most likely be used as evidence against Bankman-Fried. SBF faces charges of seven counts of conspiracy and fraud tied to the collapse of FTX, to which he has pleaded not guilty.Cointelegraph reporters are on the ground in New York covering the trial. As the saga unfolds, check here for the latest updates.Magazine: SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1–7War, CPI and $28K BTC price — 5 things to know in Bitcoin this week

A 30% increase to the next resistance at $83 could occur in that case. The logic behind Friend.tech asking for confirmation via a text message (to verify you can receive their texts) is flawed, as you wouldn’t be able to read their message in the first place if you didn’t have access to those texts. Is blockchain the next big tech career?Binance told Cointelegraph that it “remained committed” to collaborating with the committee and local law enforcement in Brazil. However, before this filing, Judge Lewis Kaplan had already ruled that Bankman-Fried could not heap the blame on his lawyers. He added that the arguments over the legal advice could confuse or prejudice the jury.

This technology terminates the fees that banks and other financial organizations ask for its services.Your money is secured using a digital wallet.The wallet can be accessed by anyone with an internet connection.You can transfer funds in no time. ADA is trading for $0.251 at time of writing, down over 2% in the last 24 hours. Best Cryptocurrency Exchanges And Trading Apps In May 2023Valkyrie had filed with the US Securities and Exchange Commission in August to change the investment strategy of its bitcoin futures ETF to one that also allows it to invest in ether futures. Crypto trading bot provider 3Commas is on “heightened alert” after some of its user’s accounts were compromised and used to place trades.

Have an opinion on this story? Share it!