__
CZ got away with a very short prison sentence. Although there are many people in the United States who are dissatisfied with this decision, the first act of the play is over.
There are many opinions that there was no clear evidence against CZ and this trial of 4 months prison for CZ was just done for the face-saving of the SEC. If there were proof against the CZ, the prison duration would have been much worse for him. This time will pass away and CZ will come back more strongly. Man, this is a very funny read! If CZ is not guilty, then why did he pay 4 billion dollars to the USA?  There was a lot of evidence in this case, but apparently the politicians chose not to make public the huge pile of dirty bed linen and found a certain compromise. Soon CZ will finish his rest in an American prison and will engage in other activities. |
|
|
|
"Our license agreement with these schools will require them to list our token as a optional form of payment for the training (along side the other forms such as VISA)."
Ok, I'll write to you differently. Your business is not new, and its development model has long been built. I am sure that your competitors successfully operate without tokens and enter into all necessary licensing agreements. Sometimes you don’t need to reinvent the weight bike or attach a 5th wheel to the cart. You say that you personally worked on a children’s educational project for 8 years, and now you suddenly decided that you can outwit all the crypto regulators, because you came up with a brilliant idea. Well, OK. Bring your idea to life. Time will tell us who was right. |
|
|
|
Surely America is the land of the free? What kind of investigation can a transactionless wallet app provoke?
they want to image your phone so they can research it more closely over time. it's not just a quick glance at it and then handing it back to you necessarily. not at all! https://www.theregister.com/2023/05/31/us_border_phone_search/The issue came up last year in United States vs. Smith. CBP detained defendant Jatiek Smith upon his return to Newark airport in New Jersey from Jamaica, and forced the US citizen by threat of indefinite detention to surrender his cellphone and password – an act of coercion that in this instance, according to Judge Jed Rakoff of the Southern District of New York, does not violate the Fifth Amendment right against self-incrimination.
The agents reviewed the phone manually then imaged it without a warrant. Several weeks later, the government sought and obtained a search warrant. Smith sought to suppress the evidence gained from that search by claiming his rights were violated.I'm pretty sure there isn't one. And the verification procedure takes time.
And if there are millions of such citizens, do you think the system can handle the load?
And then lawyers will send millions of complaints and the supervisory authorities will not be able to cope with the load.
And if a person goes to the bathroom and flushes shit down the toilet, can they be charged with concealing evidence too?
And if a person accidentally dropped their phone in the toilet and flushed it down with the turd, is that also concealing evidence?
I'm not an American lawyer, but I know that before a person can be charged with concealing evidence, they must be notified that they are under investigation.
read the story of Mr. Smith. do you think he had a chance to flush his phone down a toilet? apparently, they're not supposed to be searching americans phones without a search warrant but they did it to him anyway. for non-us citizens i don't think that rule applies though. may not apply. plus, apparently the "border" could be anywhere within 100 miles of the physical border. Your problem is that you take a particular case and try to project it onto the entire country. Who is Mr. Smith? In your article you linked to it says: "Smith has been accused of running a brutal gangland extortion ring." Is this a made up accusation or Mr. Is Smith really engaged in criminal activities and is the organizer of a criminal community? With such merits Mr. Smith should cross the border with several lawyers to give them his phone. And he should cross the border with a push-button phone like Nokia 3310  |
|
|
|
SEC regulation has just begun, and therefore if your business operates in the United States, you will have to go through a lot of consultations with lawyers. But this will not provide guarantees, because most of the conflicts have not yet been eliminated and the SEC interprets some things in its own way, although the courts think otherwise.
I don’t know why your project needs cryptocurrency?
If you are not ready to spend money on lawyers, then you can use any available services and NFTs.
Good to know zasad@, thanks for chiming in. As to why project needs cryptocurrency, it ultimately boils down simplifying content distribution & subsequent tracking, and eventually rewarding, but in a decentralized manner. There are 2 main public contribution channels in the platform, one is education the other is entertainment. Dopalearn is essentially combining the two to deliver the experience AKA "edutainment". Here is an example: Lets say you're a music school and you authored a lesson package to teach children how to play the piano. We want the author to be able to mint a few thousand copies of the lesson package (based on the licensing agreement with us) and list it for sale on their website. Anyone (including our customers) should be able to purchase the training from them directly (i.e. their website), and use/launch it with Dopalearn. The only association we have with this school is the licensing agreement which includes the mechanism that makes their content compatible with Dopalearn and some other stuff. Now what role will our token play in all of this? Our license agreement with these schools will require them to list our token as a optional form of payment for the training (along side the other forms such as VISA). This is done for two reasons, 1. those who have earned the coin from the other contribution channels can use our token to purchase the training 2. we stay in compliance because these schools will have to use our exchange to convert their coins into fiat. In a nutshell, anyone that earns the token and wants to convert it to fiat at our exchange will be required to provide their details so we can issue them tax forms (1099/T4A, etc) at the end of the year. I’ll ask again, why do you need this unnecessary adventure? If you have the option of paying through VISA, then add the option of paying with cryptocurrencies through a partner. Your example is not entirely successful, because those who are looking for or taking piano lessons are completely far from the topic of cryptocurrencies and they do not need your tokens. You are overcomplicating the project with unnecessary services. |
|
|
|
I come to this topic, and after looking at the photo I think: “What, is it really Russian again?” "Khoroshev, AKA LockBitSupp, who thrived on anonymity and offered a $10 million reward to anyone who could reveal his identity, will now be subject to a series of asset freezes and travel bans." https://www.nationalcrimeagency.gov.uk/news/lockbit-leader-unmasked-and-sanctionedIt is obvious that this person made mistakes, since his personal data is now known. Who will receive $10 million? |
|
|
|
This practice has existed in many countries for many years. Border guards are looking not only for cryptocurrency wallets, but also for any prohibited content, literature, presence in prohibited groups and other information that can be used against a person.
i don't think alot of americans understand this though. how just casually having some bitcoin app on their phone could trigger an investigation into their entire financial situation and maybe even get them in trouble with the IRS if the border security reports to the IRS. its certainly something to make sure you delete all your apps from your phone that have to do with crypto before you go and travel.  When you give the border guard the second or prepared phone with a big smile, he quickly loses interest in you.
then you could be charged with concealing evidence. that could get you into even more trouble than tax evasion or something. And if you shout about your rights, then there will be a lot of interest in you, because you can hide information.
probably the best thing to do is use a brainwallet. then they can't prove anything. i think the border officers should focus more on why they are letting drugs overflow into this country than trying to target people who have a smartphone and might be using bitcoin. that fentanyl kills alot of people. Surely America is the land of the free? What kind of investigation can a transactionless wallet app provoke? I'm pretty sure there isn't one. And the verification procedure takes time. And if there are millions of such citizens, do you think the system can handle the load? And then lawyers will send millions of complaints and the supervisory authorities will not be able to cope with the load. And if a person goes to the bathroom and flushes shit down the toilet, can they be charged with concealing evidence too? And if a person accidentally dropped their phone in the toilet and flushed it down with the turd, is that also concealing evidence? I'm not an American lawyer, but I know that before a person can be charged with concealing evidence, they must be notified that they are under investigation. |
|
|
|
Well, you understand the meaning of this article. The main enemy is USDT!
Are you implying that the article writer is also only implying that the enemy is USDT or are you implying that USDT is the main enemy? If anyone is implying that USDT is the enemy, does this also cause them to imply that bitcoin or gold is the enemy if this Cartier heir used bitcoin or gold to launder their money? I also read protos.com articles, however, I have noticed that much of their articles are forcing to write headshaking storylines about the cryptospace with much fud. In the U.S., there has long been a struggle for interens between the largest issuers of USDT and USDC steiblcoins. USDT is owned by a US company and they try to work very transparently in accordance with US laws. Tether holdings limited is registered in the Cayman Islands and it is not very clear who the beneficiaries of this company are. |
|
|
|
|
I think it's not about cryptocurrencies here, it's about business. Apparently, in the United States, it is believed that bribe lobbying should be allowed only for the upper class, and ordinary citizens should not be involved in it.
In other areas of business it is the same and every big company has a budget for lobbying their interests.
|
|
|
|
From what I've read about the Alexey Pertsev case I have zero sympathy for him. He and others like him is precisely why many of the regulations are being created.
We can have our arguments on why we should not like him, however, this is not important. What is important is the decision of the 3 judges next week because it might become a precedent for others to follow. Also, what are you implying on others like him? How is Tornado Cash different as another tool to help people in the cryptospace preserve privacy? Usually cryptomixer developers are very rarely caught by special services. According to the experience of past mixers, special services seize servers and then the news ends. Alexey Pertsev made a very big mistake when he became a public person. He did not realize the consequences of his actions. I am also waiting for the court decision, but I think that the court will not be on Alexey Pertsev's side. |
|
|
|
https://www.citizen.org/article/cryptobros-united-fairshake-super-pac-2024-elections/Cryptobros United: Crypto Super PACs Amass Over $100 Million for 2024 Elections "Key Findings Super PACs backed by the cryptocurrency sector have raised more than $102 million, the third-most of all super PACs engaged in the 2024 election, according data from Opensecrets.org. Only the super PAC backing Ron DeSantis’ failed presidential campaign and the super PAC backing Democratic Senate candidates have raised more money so far. More than half of the crypto super PACs’ political war chests – about $54 million – comes from direct corporate expenditures, primarily Coinbase and Ripple Labs, showing the sector is taking full advantage of Citizens United-enabled unlimited corporate political spending. Four of the eight corporate crypto super PAC donors have settled or are facing charges by the U.S. Securities and Exchange Commission (SEC) for alleged violations of securities laws. Ripple Labs alone is reportedly facing nearly $2 billion in penalties. Beating back regulations is among the super PAC backers’ stated goals. The rest of the crypto super PACs’ political war chest comes from billionaire crypto executives and venture capitalists, including $11 million each from the founders of venture capital firm Andreessen Horowitz, $5 million from the Winklevoss twins, and $1 million from Coinbase CEO Brian Armstrong. Out of the six 2024 primary races where the crypto super PACs intervened and which are now over, only one crypto-backed candidate has lost. Eleven primary races that include crypto-backed candidates remain. The crypto super PACs have pledged to spend in general election Senate races in the battleground states of Ohio and Montana, which are seen as essential for securing a Senate majority. Democratic incumbents in both races have been critical of the crypto sector." ___ How wonderful that the USA has such data. I would love to post similar information about my country, but it is not publicly available.
|
|
|
|
https://www.reuters.com/business/finance/robinhood-crypto-gets-wells-notice-us-sec-2024-05-06/"May 6 (Reuters) - Retail trading platform Robinhood Markets (HOOD.O), opens new tab said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May 4 over crypto tokens traded on its platform. The company said it received a so-called "Wells notice," which the SEC issues when it is planning to bring enforcement action against them. Such notices do not necessarily mean the company has engaged in wrongdoing. "We firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be," Dan Gallagher, chief legal, compliance and corporate affairs officer at Robinhood, said. The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it of overreach. The regulator declined to comment on the enforcement action notice." ___ Regulation in the crypto market is just beginning.
|
|
|
|
https://protos.com/cartier-family-member-arrested-for-laundering-drug-money-with-tether-1/"The US Justice Department (DoJ) has indicted and arrested an heir to the Cartier jewelry empire with conspiring to launder the proceeds of drug trafficking using tether (USDT). In Miami, law enforcement arrested Maximilien de Hoop Cartier, a direct descendant of Louis Cartier, the founder of the luxury watch, necklace, and bracelet maker, where he was allegedly coordinating with a Colombian drug cartel. Alongside five Colombian nationals, Cartier tried to import 100 kilos of cocaine and launder hundreds of millions of dollars, mostly through over-the-counter (OTC) USDT trades. They actually succeeded at laundering 14.5 million USDT before their arrests. Cartier is currently in a Miami detention center while his co-conspirators are in Colombian jails. To carry out his scheme, Cartier controlled shell companies and misrepresented to financial institutions that they were in the business of software and technology. He then used the companies’ accounts, according to the indictment, as unlicensed money transmitters. Using USDT, dollars, pesos, and other currencies, Cartier laundered hundreds of millions of dollars worth of criminal proceeds." ____ Well, you understand the meaning of this article. The main enemy is USDT!
|
|
|
|
https://cointelegraph.com/news/pike-finance-exploited-1-6-million-second-exploit-3-days
Pike Finance exploited for $1.6M in second incident in 3 days "Pike Finance has been exploited, resulting in the loss of $1.68 million worth of digital assets. The incident marks the protocol’s second exploit in three days. Decentralized finance (DeFi) lending protocol Pike Finance suffered a $1.68 million exploit across the Ethereum, Arbitrum and Optimism chains on April 30, according to a report from on-chain analytics firm CertiK, shared with Cointelegraph. The attacker used a vulnerability in Pike Finance’s smart contract to change the output address, draining the contract of over $1.4 million worth of Ether , $150,000 worth of Optimism (OP) tokens and over $100,000 worth of Arbitrum (ARB) tokens, according to CertiK."
|
|
|
|
Investors trusted the organization and they backstab and now Karma plays its part. This is how these scammers should be dealt with and good job by Dutch police. I hope all 10,000 investors get their initial investment back it will take time for sure but I am certain that they will get their invested ETH back. I am not sure but why would a gambling startup think scamming can be more profitable than gambling?
Remind me how many years customers of the Mt.Gox exchange have been waiting for a refund? If it was a smart contract, many customers will have big problems proving ownership of coins, and many customers will prefer not to go to the police to avoid unnecessary questions. Such assets mostly remain in the country's budget. |
|
|
|
|
This practice has existed in many countries for many years. Border guards are looking not only for cryptocurrency wallets, but also for any prohibited content, literature, presence in prohibited groups and other information that can be used against a person.
If you do not show your phone, you will not be allowed into the country or you will be detained.
But a large flow of people cannot be checked qualitatively.
When you give the border guard the second or prepared phone with a big smile, he quickly loses interest in you.
And if you shout about your rights, then there will be a lot of interest in you, because you can hide information.
|
|
|
|
From what I've read about the Alexey Pertsev case I have zero sympathy for him. He and others like him is precisely why many of the regulations are being created.
I think that's a very wrong accusation. If all crypto-mixers use the behavioural model of an ostrich burying its head in the sand, it will not slow down the process of regulating mixers. If the government wants regulation, it will make its own mixer, then shut it down, and then create new laws and regulations |
|
|
|
Most likely, the organizer of such an exchange will be recruited by a special service in the United States and will transmit all data on exchanges. But in Russia, such people do not live long or their lives are not very peaceful. Their cars and houses are usually on fire and they are afraid to walk calmly down the street.
And if someone is engaged in activities that are not quite legal, he should not communicate with the police or tax authorities without his lawyer. Most people don't know their legal rights, but a good lawyer can help.
the USA government is probably behind AgoraDesk and LocalMonero being shut down. Since they couldn't control it, they had to try and shut them down instead. AgoraDesk didn't want to "snitch" on their users. So they just closed down even though they were not even located in the usa. the IRS wants it so the only place you can buy or sell bitcoin is through companies who are legally required to snitch on you. that's pretty much what it is coming to it seems like. not only that but they want to make you incriminate yourself by answering questions about your crypto activity under the assumption that you are not to be trusted. even though there's almost nowhere you can exchange bitcoin without being reported, they still want to make you answer some dumb questions. kind of like putting your hand on the bible and swearing to tell the truth as though that really means anything. If the government has closed several decentralized exchanges, then other exchanges will appear in their place that will operate more securely. I think you have heard a lot of news about searches and closures of stock exchanges in Russia in the large trading business center Moscow City. One crypto company closes, and a month later a similar company opens in the next office, which is already taking into account the sad experience of its former neighbors. |
|
|
|
|
SEC regulation has just begun, and therefore if your business operates in the United States, you will have to go through a lot of consultations with lawyers. But this will not provide guarantees, because most of the conflicts have not yet been eliminated and the SEC interprets some things in its own way, although the courts think otherwise.
I don’t know why your project needs cryptocurrency?
If you are not ready to spend money on lawyers, then you can use any available services and NFTs.
|
|
|
|
...... А для этого нужно активно делать контент, который будет оценен за год как минимум. Мы увидим таких участников в аналитике форума, а пока их нет..
Я бы сказал бы, что даже до любой подписной добраться сейчас нубу вообще довольно сложно. Наверное за год активного постинга можно справиться, но надо сильно постараться. А интересные или оригинальные посты, а тем более информативные, чтобы написать надо еще и самому поразбираться или поработать как то по другому, Так что не сильно простое это дело. Ну про Ратимова, судя по тому, что после мутной истории с Symmetrick, похоже его команда не читает больше форум, иначе наверное как то появились бы, среагировали через мультов. Но не видно подобных мультов в локале. При должной активности и настрое за год это можно сделать даже нубу, но я в этом смысла не вижу. Есть более простые и выгодные способы заработка в виде айрдропов. ___ Не всегда у Ратимова были выгодные условия по подписным. Его исключали из чипмиксера, затем спустя снова принимали. Мы с ним часто общались и по общению это был один и тот же человек. Держать команду и делать такой объем работы даже на двоих за 1200$ в месяц( притом не каждый) по моему не большая зарплата. ___ Если утвержайте что у Ратимова были мультиаккаунты, то покажите хоть 1. |
|
|
|
|
Show Posts
