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On February 8, 2022, the U.S. Department of Justice (DOJ) arrested a couple that is accused of laundering 94,636 bitcoins stolen from Bitfinex in 2016. The DOJ alleges that the tech entrepreneur, Ilya Lichtenstein, and his wife Heather Morgan, conspired to launder billions of dollars worth of bitcoin. The duo could face 25 years in … Read more
The Bitcoin-friendly Latin American country has put BTC at the center of its economic revitalization strategy. Go to Source Powered by WPeMatico
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC … Read more
Unus Sed Leo price technicals, however, suggest that the uptrend could correct in H2 2022. Go to Source Powered by WPeMatico
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital currency companies have liquidated the hedge fund’s leveraged positions. … Read more
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers. Go to Source Powered by WPeMatico
Paolo Ardoino, CTO of Bitfinex and Tether made the case that Tether is a tool for human rights in Davos, Switzerland during the World Economic Forum. Go to Source Powered by WPeMatico
A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider. Go to Source Powered by WPeMatico
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs. Go to Source Powered by WPeMatico
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. Go to Source Powered by WPeMatico
