Alameda's Sam Trabucco Resurfaces to Defend FTX Exec Ahead of Sentencing
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Alameda’s Sam Trabucco Resurfaces to Defend FTX Exec Ahead of Sentencing

Ryan Salame, the former CEO of FTX Digital Markets, says he had nothing to do with the massive fraud that lost the exchange’s customers over $10 billion—and his “best friend” Sam Trabucco, who once led Alameda Research, has attested to that in writing. In a Tuesday court filing, Salame’s lawyers argued that their client was “not part of Sam Bankman-Fried’s…

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As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value 
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As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value 

Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past day, the TRUMP token has climbed more than 7%. Statistics reveal that this rise in value has boosted former U.S. President Donald Trump’s cryptocurrency holdings, with his stash of TRUMP […] Source: https://news.bitcoin.com/as-trump-coin-surges-over-100-in-a-month-trumps-crypto-wallet-swells-in-value/

Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’
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Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’

David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align with the U.S. Bailey also stated that they have secured several 7-figure commitments for Trump’s pro-crypto $100 million war […] Source: https://news.bitcoin.com/bitcoin-magazine-ceo-a-trump-victory-will-trigger-a-bitcoin-space-race/

Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
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Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira

Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance and creating a more robust and secure environment […] Source: https://news.bitcoin.com/cryptocurrency-exchange-kucoin-suspends-p2p-services-for-nigerian-naira/

Coinbase Plans to Fight SEC Lawsuit, Carry On With 'Business as Usual'
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Senate Votes to Kill SEC Anti-Crypto Policy—But Biden Plans to Veto

The United States Senate voted Thursday to repeal the Securities and Exchange Commission’s anti-crypto banking rule, Staff Accounting Bulletin (SAB) 121, in a vote that saw Democrats unite with Republicans. But President Joe Biden is likely to veto the move, based on his previous comments. Republican lawmakers had led the charge on attempting to take down the policy, which discourages…

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Dogecoin Co-Founder Doubts SEC Approval of Spot Ether ETF

The US Securities and Exchange Commission has yet to decide on spot Ethereum exchange-traded funds. On May 16, Billy Markus, co-founder of Dogecoin, expressed his doubts about their approval, suggesting that the SEC is “compromised” and may reject the ETFs. Markus made his skeptical comment in response to a social media post discussing the importance of spot Ether ETFs for…

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