Germany transfers about $40m in Bitcoin amid ongoing selloff – crypto.news
The German government has transferred 700 Bitcoin (BTC) worth approximately $40.47 million. The transaction is part of an ongoing trend in which governments have been consistently selling off their Bitcoin holdings since June. German Bitcoin Liquidations Continue According to blockchain data analytics platform Lookonchain, the German government has transferred an additional 700 BTC to cryptocurrency […]
CFO of Detroit riverfront revitalization project charged with embezzling $40M
The man who for many years managed the finances of the organization that transformed Detroit’s riverfront into a popular tourist attraction was indicted Wednesday on charges of embezzling tens of millions of dollars. According to a criminal complaint unsealed in federal court, William Smith routinely used the money he received from the Detroit Riverfront Conservancy […]
Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case
Billionaire bitcoin bull and MicroStrategy co-founder Michael Saylor will pay $40 million to settle a lawsuit alleging he lied to authorities about his residency for years and committed massive tax evasion, the Washington, D.C., district attorney’s office announced on Monday. Washington, D.C., prosecutors allege that MicroStrategy helped Saylor evade more than $25 million in local […]
Shohei Ohtani’s interpreter lost over $40M across 19,000 bets: feds
Bombshell report reveals that Shohei Otani’s interpreter, Ippei Mizuhara, lost more than $40 million over 26 months on sports betting. Criminal charges were dismissed by federal prosecutors. on Thursday. Mizuhara, who was indicted Thursday on federal bank fraud charges for allegedly stealing more than $16 million from Ohtani to cover gambling debts, placed about 19,000 […]
Shari Redstone sells National Amusements real estate assets to make $40M debt payment: sources
Shari Redstone’s National Amusements, the holding company that controls the voting stock of media giant Paramount Global, has sold some of its real estate holdings in a bid to hurry up on $40 million in debt repayments that are due this week. was reported in the Post. The media heiress is fighting to maintain control […]