Month: October 2024

The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search warrants, 13 arrest warrants, and the seizure of funds of the involved entities in banks. Brazilian Authorities Execute Operation Alcacaria Against Crypto Money Laundering Actors […] Source: https://news.bitcoin.com/brazilian-authorities-launch-operation-targeting-entities-facilitating-crypto-money-laundering/

The Securities and Exchange Commission (SEC) has settled charges with a trading firm that allegedly lied to investors about its claimed use of artificial intelligence (AI) to perform automated trading of cryptocurrency and other assets. Itai Liptz, owner and CEO of investment firms Rimar LLC and Rimar USA, and Cliffard Boro, a Rimar USA board member, raised nearly $4 million…

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A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert Puzzled by Schwab’s Slow Move Charles Schwab, a major player in the finance world, rolled out a new asset management […] Source: https://news.bitcoin.com/crypto-etfs-take-center-stage-nearly-half-of-charles-schwab-investors-eye-digital-assets/

USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of […] Source: https://news.bitcoin.com/usdt-faces-downward-pressure-as-investors-pivot-to-stocks-in-china/

The most discussed coin on Crypto Twitter over the past day arguably isn’t Bitcoin or some novel asset rocketing to new heights—it’s an Ethereum token created by the FBI to catch scammers, and one that made the agency a profit before trading was disabled. The Department of Justice (DOJ) unveiled a sweeping criminal case against 14 individuals and four crypto firms…

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On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed since around Oct. 5, approximately […] Source: https://news.bitcoin.com/trump-takes-significant-lead-over-harris-in-polymarket-odds-for-2024-election-win/