New charges for political donations against On February 23, Reuters reported that a Manhattan federal court unveiled new indictments against...
New charges for political donations against On February 23, Reuters reported that a Manhattan federal court unveiled new indictments against SBD. According to these indictments, SBF and his associates made over 300 illegal political donations worth tens of millions of dollars in the United States.
According to these charges, the donations were made by a "straw donor" and distributed from corporate accounts, making them illegal. A straw donor is someone who gets donations from other people instead of using their own money.
Because they can be used to circumvent limits on how much a person can give to politicians, these kinds of donations are against the law in the US political arena.
These donations have been included in the charges against SBF precisely for this reason. According to the prosecutors, SBF used this method of donation to circumvent political contribution limits.
The most recent indictment against the former FTX front man is the one that was recently released. Bank fraud charges have also been brought against the former CEO of FTX. Money laundering and fraud are two more charges in the suit. SBF has denied the allegations against him.
U.S. regulators have delayed their own lawsuits against SBF in response to the current criminal case. At the conclusion of these criminal trial proceedings, cases brought by the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission will begin.
Following the demise of FTX and Alameda Research, SBF's problems began in November of last year. At the time, it was made public that FTX used its own FTT tokens as collateral for loans to support Alameda Research with funds from users.
The crypto market, which had been experiencing a bearish decline for the previous year, was further strained by the two companies' failure. The earlier collapse of the Terra ecosystem, which caused shock waves throughout the industry, had exacerbated this market decline.
These occurrences had a significant impact on crypto lenders and miners, resulting in the bankruptcy of Celsius and Voyager.
Blockchain Dev API Now Supports Shibarium 7 hours AgoBitcoin Ethereum News In a recent tweet,
NOWNodes stated that its engineers are well-prepared for the Shibarium mainnet release, which is anticipated to occur later this year. Shared and dedicated access to the Shibarium blockchain will be promised by NOWNodes.
67 blockchain networks, including Bitcoin, Ethereum, and BSC, with over 1,000 coins and tokens, are accessible immediately through NOWNodes, a blockchain developer API.
NOWNodes joins Atomic Wallet, Ledger, and Swapzone in declaring their support for the blockchain, a growing list of cryptocurrency companies.
Regarding the anticipated date of the Shibarium mainnet's launch, NOWNodes stated: According to rumor, it will occur in the middle of summer or late spring.
The community is eagerly awaiting the beta launch of the Layer-2 Shibarium, which would occur in stages.
Regarding the anticipated date of the Shibarium mainnet's launch, NOWNodes stated: According to rumor, it will occur in the middle of summer or late spring.
The community is eagerly awaiting the beta launch of the Layer-2 Shibarium, which would occur in stages.
The Binance A survey conducted in the United States reveals widespread beliefs among the SHIB community.
Binance. A poll on "crypto trivia" has been launched by US, the U.S. subsidiary of Binance, the leading cryptocurrency exchange, to gauge the Shiba Inu community's knowledge of the cryptocurrency with a dog theme.
Binance. After providing a brief hint regarding the cryptocurrency with a dog-themed theme, the United States asked the SHIB community to select which of the four options did not pertain to SHIB. Shiba Inu is a cryptocurrency that was created in August 2020 and is based on memes. The currency was based on Dogecoin, which was based on the Shiba Inu dog breed.
According to the results of the poll, 18% of respondents believed that Shiba Inu had a total supply of one quadrillion coins, 8.1% believed that Shiba Inu's DAO was called Doggy DAO, 16.4% believed that the upcoming Layer-2 blockchain was called Shibarium, and 57.6% believed that the cryptocurrency was named after a grumpy cat.
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