The recent guilty plea from Paxful Inc. co-founder and former CTO Artur Schaback has shed light on the company’s failure to maintain an effective anti-money laundering (AML) program. According to the Department of Justice, Schaback’s negligence allowed criminal activities such as money laundering, sanctions violations, fraud, romance scams, extortion schemes, and prostitution to thrive on
The Republican Party has taken a noteworthy step by including Bitcoin and cryptocurrencies in their official platform for the upcoming 2024 election. This move reflects a shift within the party towards embracing digital assets and blockchain technology. Former President Trump’s recent statements have played a role in shaping the party’s stance on crypto, signaling a
The recent volatility in the Bitcoin market has left many investors uncertain about the future direction of the cryptocurrency. Analysts like Jacob Canfield have been studying historical patterns in Bitcoin’s pricing trends to make predictions about potential future movements. Canfield’s analysis suggests that Bitcoin may be on the verge of retesting yearly open levels, a
Aayush Jindal is a prominent figure in the world of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His expertise and proficiency in providing technical analysis have made him a trusted advisor and senior market expert to investors worldwide. Aayush’s journey to success began at a young age, where his
Veteran trader Peter Brandt has recently suggested that Bitcoin could potentially drop to as low as $44,000. This prediction is based on a technical indicator that presents a bearish outlook for the flagship cryptocurrency. Brandt highlighted the possibility of a double top formation, which is a bearish pattern indicating a potential severe reversal to the
Messari, a prominent US-based crypto market intelligence platform, has recently made a bold declaration of independence from the Securities and Exchange Commission (SEC). The CEO of Messari, Ryan Selkis, openly criticized the SEC and its Chair Gary Gensler, accusing them of corruption and illegitimacy. This move signifies a pivotal moment in the relationship between the