Category: FinTelegram

FinTelegram investor Briefing TetherI
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December 22, 2024

Investor Briefing: The Embattled Stablecoin Giant Tether!

Some analysts label Tether as one of the most significant scams in history. Over recent years, Tether has faced scrutiny from regulators and law enforcement, raising serious compliance concerns. In the EU, the stablecoin is at risk of being delisted from crypto exchanges due to its failure to secure a MiCA license. Despite these challenges, Tether remains a highly successful and profitable.
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Dubai-controlled underground banking scheme based on cryptoD
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December 19, 2024

Dubai-Controlled Crypto-Based Underground Banking Scheme Dismantled with €27M in Crypto Seized!

In a law enforcement operation spanning six countries, Europol and law enforcement agencies dismantled an underground banking network linked to drug trafficking and organized crime. The multi-year investigation resulted in nine arrests, the seizure of luxury assets, and an unprecedented €27 million in cryptocurrencies, marking a milestone in the fight against financial crimes in the digital age.
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Trump nominee Paul Atkins and his possible impact on SECF
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December 9, 2024

Financial Intelligence Hypothesis: Paul Atkins’ Potential Impact as SEC Chair Under Trump Administration

Donald Trump’s nomination of Paul Atkins as SEC Chair could radically reshape the future of the world’s leading financial regulator, driving the SEC towards a laissez-faire stance that prioritizes deregulation, reduced enforcement, and a pro-business agenda. Atkins’ tenure would likely redefine the regulatory landscape not only in the United States but globally, given the SEC’s influence over international markets.
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Curacao faced with charges over corruption and money laundering in the gambling licensing environmentF
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December 2, 2024

Fraud Allegations Against Malta Connection Shake Curaçao’s Gaming Reform Landscape!

The gaming industry in Curaçao is under the spotlight again. This time, it’s not just the gaming companies in question but key figures behind regulatory reform, including former Malta Gaming Authority (MGA) chair Mario Galea. A damning 400-page report submitted by financial forensic investigator Luigi Faneyte accuses Galea and others of fraud, embezzlement, and creating a corrupt licensing system.
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SoftBank with OpenAII
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November 27, 2024

Investor Briefing: OpenAI’s $1.5 Billion Share Sale to SoftBank

OpenAI has initiated a tender offer allowing current and former employees to sell shares worth approximately $1.5 billion to SoftBank Group. The offer, led by SoftBank CEO Masayoshi Son, is set to conclude by December 24, 2024. This move follows SoftBank's previous $500 million investment in OpenAI's recent funding round, which valued the company at $157 billion.
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Tether used for drug businessesT
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November 27, 2024

Tether: A Money Laundering Engine for Mexican Cartels, Feds Claim

Tether (USDT) has allegedly become a favored tool for Mexican drug cartels to launder millions, according to unsealed court records. USDT’s connection to narcotics proceeds has even driven its price down in Mexico as law enforcement uncovers the cryptocurrency’s deep ties to global trafficking networks. Unsealed court records expose Tether’s role in laundering millions for Mexican drug cartels.
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Gary Gensler is the embattled SEC ChairG
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November 15, 2024

Gary Gensler Signals Exit as SEC Chair Amid Crypto Controversy

SEC chair Gary Gensler signals resignation after Trump’s election victory, defending his record on crypto enforcement. Explore the implications for the crypto market. Alt Text for Images: Gary Gensler speaks at a legal institute, defending his SEC record on crypto enforcement amidst resignation rumors.
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Coinbase and its conflict of interest in listing of new tokens for tradingT
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November 6, 2024

The Trump Effect: Coinbase’s Share Price Surges Under Expected New Era for Crypto Regulation!

The leading U.S. crypto exchange Coinbase (NASDAQ: COIN) has seen its share price skyrocket to $198.46, marking a 10.8% increase, as Donald Trump seems to become the winner of the US elections. the crypto exchange positioned itself as a major player in the 2024 U.S. elections. This surge reflects not the company's financial performance but the expected crypto regulation under President Trump.
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Binance founder Changpeng Zhao plead guilty to money laundering issuesF
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November 4, 2024

From Prison to Power: CZ’s Unexpected Comeback as Crypto Kingpin!

After a prison sentence and forced exit from Binance’s leadership, Changpeng Zhao (CZ), the former CEO of Binance, has recently revealed his plans for the future following his departure from the crypto exchange. After stepping down as part of a $4.3 billion settlement with U.S. authorities and while serving his prison time, his net worth exploded to $60 billion making him the #25 of richest people worldwide.
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US DOJ indicts Gotbit and its key individualsR
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November 3, 2024

Russian Gotbit Founder Indicted: Crypto Market Manipulation Scheme Exposed!

Aleksei Andriunin, founder of the crypto services firm Gotbit, has been indicted on charges of wire fraud and conspiracy to commit market manipulation. Gotbit, a self-claimed “market maker,” allegedly orchestrated artificial trading volumes to boost the visibility of cryptocurrencies on exchanges, using “wash trades” to deceive investors and authorities.
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TD Bank faces class action lawsuits over AML settlementT
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October 24, 2024

TD Bank Faces Class Action After Historic $3 Billion AML Settlement and Felony Guilty Plea!

TD Bank is facing multiple class action lawsuits following its unprecedented $3.09 billion settlement with U.S. authorities for widespread anti-money laundering (AML) violations. The lawsuits, filed by Bragar Eagel & Squire and Pomerantz Law Firm, allege that TD Bank misled investors and failed to disclose critical compliance failures, resulting in significant financial losses for shareholders after the market reacted to the settlement.
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Samara Asset Group to launch crypto bondM
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October 14, 2024

Maltese Samara Asset Group Plans to Launch a Crypto-Related €30 Million Bond!

Malta-based Samara Asset Group (previously Cryptology Asset Group) has mandated Pareto Securities as Sole Manager to arrange a series of fixed-income investor meetings. The company is making waves in the crypto world with its ambitious plans to issue a €30 million ($32.8 million)
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