Month: April 2023

Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud

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On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ … Read more

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.” G20 Finance Chiefs on Crypto … Read more

TMS Network (TMSN) Soars 2240% as Dogecoin (DOGE) Whales Offload $123 Million, Leaving Mask Network (MASK) Picking Up the Pieces

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Whale activity – the actions of large industrial investors – can profoundly impact the crypto markets, not just on a particular coin. After crypto whales sold over $120 million worth of Dogecoin (DOGE), unrelated tokens like Mask Network (MASK) felt the ripple effects. However, TMS Network (TMSN) is proving immune to such actions and has … Read more

De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official

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Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant conclusions and these conclusions are definitely in favor of terminating dependence on the West.” Russian … Read more

Jeffrey Tucker on De-Dollarization: USD Will No Longer Be King, We’re at Turning Point for US Dollar

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Jeffrey Tucker says we are at the turning point for the U.S. dollar, citing a growing de-dollarization trend. “The dollar’s just not going to be king,” he warned, adding that history will record recent events “as the turning point for the dollar.” Jeffrey Tucker on De-Dollarization, USD’s Turning Point Jeffrey Tucker, an author and publisher … Read more

Former President Donald Trump Likens US Losing Currency War Against China to America Losing a World War

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Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar is “what makes us powerful and strong.” Donald Trump on US-China Currency War Former President Donald Trump warned in … Read more

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