An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets – The Verge
An Ohio man named Larry Dean Harmon will be sentenced to three years in prison and have $400 million worth of cryptocurrencies and other assets forfeited, the Justice Department announced. announced on Friday. Harmon was indicted in 2020 on charges of money laundering conspiracy related to Helix, a dark web cryptocurrency “mixer” service he operated. […]
Bitcoin Hits An All-Time High, But Nvidia Has Outperformed It Dramatically Over The Last Five Years – Benzinga
Bitcoin may be making headlines for hitting an all-time high after the US presidential election, but there is an even more impressive success story unfolding. As the world's most popular cryptocurrency approaches the $100,000 milestone, Nvidia NVDA It has significantly outperformed Bitcoin over the past five years. Don't miss: Bitcoin has had a great year. […]
Trump builds team, DOGE starts hiring, bitcoin blasts higher
Rick Rieder, BlackRock Global Fixed Income CIO, evaluates President-elect Trump's economic strategy and shares his market outlook on Barron's Roundtable. This special edition of the FOX Business Rundown newsletter covers the week's biggest stories coming out of the election. – President-elect Trump builds team – Energy, DOGE and Health are selected – Treasurer in limbo […]
MicroStrategy’s $26 billion Bitcoin cache is larger than IBM, Nike cash holdings – Yahoo Finance
(Bloomberg) — Michael Saylor's unusual decision to hold Bitcoin instead of cash on MicroStrategy's books has turned the once-obscure software maker into the upper echelon of one of the richest companies when it comes to financial assets. I jumped into the club. Most Read Articles on Bloomberg Listen to the Here's Why podcast on Apple, […]
Judge says upstate NY bitcoin mine can continue to operate despite climate concerns – Gothamist
A judge in the upstate ruled Thursday that a controversial Finger Lakes cryptocurrency mine can continue operating for now, but the fossil fuel-burning operation's days may be numbered. Two years ago, the state Department of Environmental Protection denied an air permit renewal for the mine, called Greenridge Generation. Located on the shores of Seneca Lake, […]
CFTC clears 'second hurdle' for spot Bitcoin ETF options – Cointelegraph
The U.S. Commodity Futures Trading Commission (CFTC) has announced a notice “paving the way” for spot Bitcoin exchange-traded fund (ETF) options. Analysts are now speculating that these products could be listed soon. “The ball is now in the OCC's court and they're so into it that a listing could happen soon,” ETF analyst Eric Balciunas […]
Hacker sentenced over bitcoin theft worth billions
Kentucky Attorney General Russell Coleman spoke about the attorney general suing the SEC over cryptocurrency regulations, calls for a crackdown on Chinese connected cars, and a lawsuit against TikTok. hackers who helped launder the proceeds of bitcoin theft The former cryptocurrency exchange was sentenced to five years in prison for his involvement in the conspiracy. […]
Ilya Lichtenstein sentenced to 5 years for Bitfinex bitcoin hack
A New York technology entrepreneur was sentenced Thursday to five years in prison after pleading guilty last year to laundering funds stolen from Bitfinex, one of the world's largest cryptocurrency exchanges, with the help of his wife. Ta. The Justice Department said in a statement that Ilya Lichtenstein, 35, used sophisticated hacking tools and techniques […]
Bitcoin and gold skyrocket after Trump victory — financial expert explains why
Bitcoin, gold and various stocks soared in value after former President Donald Trump declared victory last week. James Rickards, financial expert and author of MoneyGPT, knows why. “The immediate reaction to President Trump's election was a rise in stock prices, and for good reason. His economic policies, deregulation, discipline, and what I call the Green […]
Biggest bitcoin ETF soars to record high
Anthony Pompliano, founder and CEO of Professional Capital Management, explains why Bitcoin prices are soaring to new highs in Kabuto: Coast to Coast. Bitcoin's record rally is driving a big boost for one exchange-traded fund. The iShares Bitcoin Trust ETF, the largest Bitcoin ETF with $42 billion in assets as of Thursday morning, is up […]