Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 419. (Read 26465757 times)
May 17, 2024, 04:46:38 AM
May 17, 2024, 04:01:13 AM
May 17, 2024, 03:46:20 AM
long but interesting and bullish thread on the senate overturning SAB 121:
https://x.com/avichal/status/1791189362006499687?s=12&t=8ArBB3dPyVWeP0SuOfHkpw
tl;dr: banks want in, sec ridiculed itself once again, biden might veto but he's so clueless about crypto that he probably won't.
in other news:
Yesterday, the total net inflow of US Bitcoin spot ETFs was $257m. Grayscale even bought. Blackrock was the main buyer as usual, followed by Fidelity.
https://sosovalue.xyz/assets/etf/us-btc-spot
https://x.com/avichal/status/1791189362006499687?s=12&t=8ArBB3dPyVWeP0SuOfHkpw
tl;dr: banks want in, sec ridiculed itself once again, biden might veto but he's so clueless about crypto that he probably won't.
in other news:
Yesterday, the total net inflow of US Bitcoin spot ETFs was $257m. Grayscale even bought. Blackrock was the main buyer as usual, followed by Fidelity.
https://sosovalue.xyz/assets/etf/us-btc-spot
May 17, 2024, 03:01:13 AM
May 17, 2024, 02:22:39 AM
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Switching hands daily. The Dude
sips coffee for now.
Switching hands daily. The Dude
sips coffee for now.
May 17, 2024, 02:06:52 AM
What will this beautiful Friday bring for us financial folks? Will we see a $66K Bitcoin? Will we see the Dow Jones close above 40,000? I think the answer to both of those things is very likely going to be yes 24 hours from now. We will see. I am feeling pretty bullish on all things priced in dollars as we head into the weekend.
May 17, 2024, 02:01:15 AM
May 17, 2024, 01:01:13 AM
May 17, 2024, 12:01:13 AM
May 16, 2024, 11:14:42 PM
WTF! A visual reminder that normal is just a setting on a washing machine.
May 16, 2024, 11:01:15 PM
May 16, 2024, 10:05:35 PM
May 15 (UPI) — The Justice Department on Wednesday revealed it indicted two brothers in their twenties for a series of alleged crimes for manipulating the cryptocurrency market to steal $25 million in crypto in a 12-second period, according to reports.
Anton Peraire-Bueno, 24, of Boston, Mass., and his brother James Peraire-Bueno, 28, of New York were arrested Monday in their respective cities and are being charged for conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering,
"This alleged scheme was novel and has never before been charged," Damian Williams, U.S. Attorney for New York's Southern District, said in a news release.
The Peraire-Bueno brothers Wednesday afternoon will be presented before U.S. Magistrate Judge Paul Levenson for the Massachusetts District, and U.S. Magistrate Judge Valerie Figueredo for New York's Southern District of New York.
If convicted, the brothers individually face a maximum penalty of 20 years in prison for each criminal count.
"As alleged in today's indictment, the Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds," Deputy Attorney General Lisa Monaco said in a news release.
So once again a hit piece against block chain integrity
see bold part.
it is from what I can gather an exchange - trader scam and has zero to do with block chain integrity.
Anton Peraire-Bueno, 24, of Boston, Mass., and his brother James Peraire-Bueno, 28, of New York were arrested Monday in their respective cities and are being charged for conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering,
"This alleged scheme was novel and has never before been charged," Damian Williams, U.S. Attorney for New York's Southern District, said in a news release.
The Peraire-Bueno brothers Wednesday afternoon will be presented before U.S. Magistrate Judge Paul Levenson for the Massachusetts District, and U.S. Magistrate Judge Valerie Figueredo for New York's Southern District of New York.
If convicted, the brothers individually face a maximum penalty of 20 years in prison for each criminal count.
"As alleged in today's indictment, the Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds," Deputy Attorney General Lisa Monaco said in a news release.
Quote
https://www.yahoo.com/finance/news/doj-25-million-crypto-allegedly-190541829.html
The Justice Department alleges the Peraire-Bueno brothers had "meticulously" planned their "exploit" over the course of several months. The indictment says their alleged crimes began as early as December 2022 and continued as far as this month with a series of executed financial transactions.
Monaco indicated that Internal Revenue Service agents were instrumental in unraveling the "first-of-its kind wire fraud and money laundering scheme" allegedly committed by the brothers.
Williams says their alleged crimes "calls the very integrity of the blockchain into question."
According to the Justice Department, the brothers had studied computer science and math "at one of the most prestigious universities in the world." The internet links one of them to Massachusetts Institute of Technology.
The federal government alleges that the two "used their specialized skills and education to tamper with and manipulate the protocols relied upon by millions of Ethereum users across the globe. And once they put their plan into action, their heist only took 12 seconds to complete."
Among other things, DOJ says they took the time to learn the trading behaviors of the victim traders whose cryptocurrency they allegedly stole, and "took numerous steps" to conceal their identities and "lay the groundwork to conceal the stolen proceeds," which the government contends included setting up shell companies and using multiple private cryptocurrency addresses and foreign cryptocurrency exchanges.
The indictment asked for a series of JP Morgan Chase and Choice Bank accounts under their names to be seized along with other personal property. The federal government claims the two had executed a series of financial translations designed to conceal not only their identities, but the real ownership of the funds stolen.
But investigators had found that both brothers had a digital search history consistent with the alleged crimes committed by them, including lawyers and American extradition policies.
The Justice Department alleges the Peraire-Bueno brothers had "meticulously" planned their "exploit" over the course of several months. The indictment says their alleged crimes began as early as December 2022 and continued as far as this month with a series of executed financial transactions.
Monaco indicated that Internal Revenue Service agents were instrumental in unraveling the "first-of-its kind wire fraud and money laundering scheme" allegedly committed by the brothers.
Williams says their alleged crimes "calls the very integrity of the blockchain into question."
According to the Justice Department, the brothers had studied computer science and math "at one of the most prestigious universities in the world." The internet links one of them to Massachusetts Institute of Technology.
The federal government alleges that the two "used their specialized skills and education to tamper with and manipulate the protocols relied upon by millions of Ethereum users across the globe. And once they put their plan into action, their heist only took 12 seconds to complete."
Among other things, DOJ says they took the time to learn the trading behaviors of the victim traders whose cryptocurrency they allegedly stole, and "took numerous steps" to conceal their identities and "lay the groundwork to conceal the stolen proceeds," which the government contends included setting up shell companies and using multiple private cryptocurrency addresses and foreign cryptocurrency exchanges.
The indictment asked for a series of JP Morgan Chase and Choice Bank accounts under their names to be seized along with other personal property. The federal government claims the two had executed a series of financial translations designed to conceal not only their identities, but the real ownership of the funds stolen.
But investigators had found that both brothers had a digital search history consistent with the alleged crimes committed by them, including lawyers and American extradition policies.
So once again a hit piece against block chain integrity
see bold part.
it is from what I can gather an exchange - trader scam and has zero to do with block chain integrity.
May 16, 2024, 10:01:13 PM
May 16, 2024, 09:01:13 PM
May 16, 2024, 08:01:15 PM
May 16, 2024, 07:01:13 PM
May 16, 2024, 06:01:13 PM
May 16, 2024, 05:01:15 PM
May 16, 2024, 04:01:13 PM
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