Why Are Bitcoin OGs Dumping Billions Of Dollars In BTC?
A recent report from Bitcoinist highlighted a disturbing trend among early Bitcoin investors that could explain why the cryptocurrency’s price has been in a perpetual state of decline. According to data from on-chain data analytics platforms, these early Bitcoin whales, who hold thousands of BTC, had begun selling their considerable stash. But even after a […]
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According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves Pakistan may potentially raise billions of dollars from crypto assets held by its nationals or by residents with dual citizenship, a policy document produced by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has said. According to a report in The Business Recorder, the....
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation unit during the same time period. The agency expects to seize billions of dollars more in cryptocurrency next year.
IRS Says It Could Seize Even More Than $3.5 Billion in Cryptocurrency Next Year
The Internal Revenue Service’s Criminal Investigation (CI) unit, the tas authority’s law enforcement branch, released the 2021 Criminal Investigation Annual Report Thursday. IRS....
Crypto pundit Bitlord has called out Ripple executives Brad Garlinghouse and Chris Larsen, accusing them of dumping XRP. The pundit has gone as far as to threaten to take action if they don’t stop selling and suppressing the token’s price. Crypto Pundit Accuses Ripple Executives Of Dumping XRP In an X post, Bitlord put out […]
Unique Merchandise Identification Solution to unlock billions of dollars worth of business potential Trace Network has announced the launch of its enterprise-grade decentralized finance protocol harnessing the capabilities of composable smart contracts, permission-less financing options powered by DeFi and NFT based unique merchandise identification solutions to unlock billions of dollars worth of business potential, otherwise […]
The Genesis Litigation Oversight Committee (LOC) has launched a new round of legal action targeting Digital Currency Group (DCG), its CEO Barry Silbert, and associated executives. The suits, filed in two separate jurisdictions, aim to reclaim billions of dollars allegedly misappropriated from the crypto lending firm Genesis before it filed for bankruptcy in early 2023. […]