Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on Thursday appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded.
Defense lawyer Marc Mukasey had announced plans for the appeal to the Manhattan-based 2nd U.S. Circuit Court of Appeals during Bankman-Fried's March 28 sentencing hearing. The 32-year-old former billionaire crypto wunderkind was convicted in November on seven counts of fraud and conspiracy in what federal prosecutors have called one of the biggest financial frauds in U.S. history.https://www.reuters.com/legal/bankman-fried-appeals-ftx-fraud-conviction-25-year-sentence-2024-04-11/ Sam Bankman-Fried broke a lot of laws that he may not get an even longer sentence as a result of the new trial. The investigation was very long and in fact an appeal in a case like this can take a long time, and when it does, many people will have forgotten about Sam Bankman-Fried. I don't understand who else got jail time, or were all the witnesses along with Caroline Eliesson?  |
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Unfortunately, this is a very common way of selling illegal software that allows you to spy on the victim’s computer and steal all files and entered passwords. But the developers do not sell their software to unverified buyers, so most likely it’s a stupid intermediary who wanted an easy way to make money.
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https://www.msn.com/en-us/money/companies/prosecutors-rest-case-in-mango-markets-fraud-trial/ar-BB1lxgoP"The government on Friday rested in its case against cryptocurrency trader Avraham Eisenberg, who is facing fraud charges. Driving the news: Prosecutors presented very strong arguments that the defendant had a good idea he was committing a crime over a year ago, when he managed to extract over $100 million from Mango Markets. Why it matters: In a fraud case, the government has to not only show that the defendant committed a crime, but that they were aware that what they were doing was against the law. Catch up fast: Eisenberg is on trial in Federal Court in Manhattan for engaging in a trade where he was able to withdraw all the capital on Solana-based Mango Markets on October 11, 2022, using a derivate of the mango (MNGO) token as collateral. After inflating the token with strategic purchases on various exchanges, he used the inflated value of a MNGO derivative as collateral to borrow all the available deposits on the platform, over $100 million worth. Then he withdrew those funds to a wallet he controlled, and let his loan default." https://www.sec.gov/news/press-release/2023-13SEC Charges Avraham Eisenberg with Manipulating Mango Markets’ “Governance Token” to Steal $116 Million of Crypto Assets
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Мое мнение про ТОН не словсем положительное. Если детально смотреть, то по функционалу экосистема проигрывает эфириуму, и там пока ничего нет, кроме безполезных хайповых проектов.
Эфириум тоже начинал с похожего, но это было давно и на рынке не было альтернатив.
Но с Эфириумом его никто и не сравнивает, в плане капитализации в 17 раз считай разница. Это просто пропасть, в технологическом плане тоже. Но по такому параметру как Mass adoption у TON есть преимущество за счет базы пользователей Телеграм. Да, они заходят с простого, чтобы привлечь как можно больше пользователей в экосистему, в дальнейшем, если развитие продолжится, то уже эту большую пользовательскую базу можно будет сегментировать по интересам. Еще из плюсов TON можно сразу выделить то, что ему не потребуется решения второго уровня. Хотя это кому как, кто-то может это и минусом считать. У меня кошелек ТОН и пару сотен на нем для экспериментов. Хранить там больше я не готов. По моему все мобильные кошельки, которые имеют связь с номером телефона, полный бред. Для чего то серьезного это использовать я не готов. |
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На буллране еще и не такие проекты оживают. Новичку лучше не вкладываться, а если были кроссовки, то при желании и возможнгсти я бы фармил.
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Мое мнение про ТОН не словсем положительное. Если детально смотреть, то по функционалу экосистема проигрывает эфириуму, и там пока ничего нет, кроме безполезных хайповых проектов.
Эфириум тоже начинал с похожего, но это было давно и на рынке не было альтернатив.
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Точно, вы правильно вспомнили. Если мне не изменяет память, то в Форклоге об этом проекте чего то такое обсуждали. Так как бы рекламировали и преимущества привязки к рублю (вместо$) обсуждали. Но все это благополучно сгинуло вникуда по типу как это с Минтером произошло. Но такова судьба всех альтов, в том числе и тех, что косят под стейблы А USDT спасение всех криптанов? В залоге трежерис, когда американцы обвинят эту компанию во всех преступлениях и заблокируют обеспечение, то столько людей в окно выйдет. Я думаю что в их интересах в этот проект загнать больше хомяков. ___ Нам нужна хорошая альтернатива без блокировок и американского контроля, я надеюсь что у этих людей получится. |
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larry_vw_1955, One Russian IT security engineer said a brilliant phrase: “What can leak, will definitely leak.”
To put it simply, all data stored on different platforms will be transferred to the state or hackers will sell it to scammers. Even if the platform does not contain your personal data, the details of your transactions can also convey a lot of information about you.
To invest in cryptocurrencies, a smart user does not need any platforms. I bought cryptocurrency for cash and I sold cryptocurrency for cash.
i'm talking about investing in bitcoin through an IRA so you don't have to pay any taxes. from what i've seen, at least on the bitcoinIRA website, you have to transfer your bitcoin into THEIR custody. the bitcoinIRA website says this: Up To $250M² Custody Insurance
Assets are insured for up to $250 million with BitGo and their insurance provider Lloyd’s of London, the world’s specialist insurance and reinsurance market
I would imagine that most people that see that have no idea how to verify if it is actually true and have no real understanding of what it really means. When people say IRA to me, I first think of the Irish Republican Army (IRA), which fought for Irish independence. A person does not need custodial intermediaries to invest in cryptocurrencies. If your cryptocurrencies are stored on other people's wallets, you no longer own them. The founder of the Bitcoin project wanted to free you from custodial intermediaries, but you don't want to free yourself from the shackles and keep saying that you need a custodial intermediary. |
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Of course they're going to do that, I'm sure that there's other ways that stuff that's supposed to be sanctioned are easily smuggled to Russia, I mean there's a story recently about how there's still products that aren't supposed to be in Russia like Coca Cola and other banned items that are still being sold, they do this thing called importing from other countries that don't have sanctions and there they get those items but it will arrive in Russia at a premium price so it's no surprise that they've been evading the sanctions and that's why Russia still have a really big war funds to continue the invasion of Ukraine. I guess with Tether being used, we probably need to stay away from it as soon as possible, that's what I'm getting from all of this.
If you do not understand global economics and global politics then please do not share your thoughts here. For your reference I am quoting this article which I believe is true. Coca-Cola announced it was leaving the Russian market back in March 2022 as part of the global response to the invasion of Ukraine. Coca-Cola HBC, the Greek-owned company that bottled and sold Coke in Russia, switched to a new brand, Dobry Cola.
Can zasad@ confirm what I have quoted as I believe this is what is called American hypocrisy? They are now helpless and they know this is not the place to be that is why they have opened a new war in the Middle East. SourceIf you write about the news, there is a lot of lies and hypocrisy, but the situation is different. If you look at who owns most of the big companies in Russia, Europe, Ukraine, you will realize that it belongs to corporations like Blackrock and is managed through their funds. They own the news companies too. What is the point of a large corporation destroying its assets? I see only one answer to this question. It's a complete cleanup and building a new management system. When the situation in Ukraine is over, you will see that many companies controlled by Blackrock will come there with investments. |
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Да и просто рубль, как стейбл тоже уже кто-то запускал лет так 5 назад.
Точно помню были такие проекты.
RUBM был на bitzlato Хотя рубль обеспеченный долларовыми стейблкоинами это оригинально. А как его по другому беспечивать? Есть вариант обеспечивать BTC и Эфириумом, но при 150% коэффициэнте обеспечения при падении цены этих двух монет крипторубль потеряет привязку. Тогда или больше обеспечения делать придется или не очень выгодные условия для пользователей, которые будут лочить активы и получать крипторубль. |
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Не путайте этот проект с цифровым рублем от ЦБ РФ! https://www.gazeta.ru/business/news/2024/02/21/22388245.shtml"В России начала работу новая крипто-фиатная биржа ABCeX с возможностью торговли парами USDT-RUB. Биржа заключила соглашение о листинге крипторубля, основанного на технологии блокчейна Ethereum и Tron, являющегося токеном стандарта ERC-20 и TRC-20, привязанный к курсу национальной валюты. Платформа ABCeX.io в настоящее время находится на стадии бета-версии, как и контракт крипторубля. После завершения тестирования пользователи получат возможность участвовать в аирдропе. Токенизированный крипторубль является самостоятельным инструментом для расчетов, не связанный с разрабатываемой центробанком CBDC. Эмиссия токена будет осуществляться через децентрализованный смарт-контракт с избыточным обеспечением по модели DAI." — Сергей, как и чем именно будет обеспечиваться стейблкоин-крипторубль? — Обеспечение будет происходить по модели DAI в виде топ-3 стейблов USDT, USDC и самих DAI. Пока решили отказаться от залогов виде обернутого биткоина или эфира — из-за возможных сложностей с ликвидаторами в развивающейся системе. Вероятно, позже вернемся к этому вопросу. Подробнее на Bits.media: https://bits.media/sergey-mendeleev-ishchem-dlya-kriptorublya-tiker-iz-trekh-bukv/Разговор с фаундером крипторубля Сергеем Менделеевым. https://www.youtube.com/watch?v=KrL-G9A-U7c___ Пока у них тестовый продукт, который имеет блокировки. Смартконтракты они взяли от ДАИ и говорят об этом сами. Потом они планируют запустить смартконтракт без блокировкок, как работает ДАИ. Показать все залоги, чтобы у пользователей не было сомнений. |
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Uniswap will be managed centrally, so sooner or later the authorities will require them to adhere to minimum identity verification and anti-money laundering procedures, which means requesting more data from all users.
I don't know if Uniswap will comply or not but I think some users will have no problem with that.
If identity verification is formal, then a lot of drop services will appear on the market that will help verify the wallet. If the verification is serious, then such actions could kill uniswap, because users will leave for other projects. Uniswap is not a mixer, but simply an exchanger of some tokens for others within the same wallet. |
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larry_vw_1955, One Russian IT security engineer said a brilliant phrase: “What can leak, will definitely leak.”
To put it simply, all data stored on different platforms will be transferred to the state or hackers will sell it to scammers. Even if the platform does not contain your personal data, the details of your transactions can also convey a lot of information about you.
To invest in cryptocurrencies, a smart user does not need any platforms. I bought cryptocurrency for cash and I sold cryptocurrency for cash.
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Of course they're going to do that, I'm sure that there's other ways that stuff that's supposed to be sanctioned are easily smuggled to Russia, I mean there's a story recently about how there's still products that aren't supposed to be in Russia like Coca Cola and other banned items that are still being sold, they do this thing called importing from other countries that don't have sanctions and there they get those items but it will arrive in Russia at a premium price so it's no surprise that they've been evading the sanctions and that's why Russia still have a really big war funds to continue the invasion of Ukraine. I guess with Tether being used, we probably need to stay away from it as soon as possible, that's what I'm getting from all of this.
You surprise me. It seems to me that you do not understand how the economy works. They tell you on TV about sanctions, but large global corporations don’t care about sanctions, countries, people. It is important for them to make a profit. Coca Cola did not leave Russia, they changed the name and are now sold under the brand "Добрый Cola" https://dobrycola-promo.ru/It's the same with McDonald's. They also changed their name and are harassing people under a different brand "Вкусно и точка" https://vkusnoitochka.ru |
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https://www.coindesk.com/business/2024/04/08/defi-firm-1inch-introduces-web3-debit-card-in-partnership-with-mastercard-and-baanx/DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With Mastercard and Baanx "The 1inch Card will allow users to use their crypto for online and in-person purchases, and make cash withdrawals at supported ATMs through seamless crypto to fiat conversion. 1inch Network, a decentralized exchange (DEX) aggregator, has unveiled a crypto debit card with developer Baanx, powered by Mastercard. Baanx’s “Crypto Life” card is also used by crypto storage firm Ledger. Getting deeper into Web3, Mastercard was recently reported to be working with the Ethereum wallet Metamask."
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https://www.ethnews.com/cardano-unveils-chang-hard-fork-and-ouroboros-leios-consensus-upgrades-for-enhanced-scalability-and-governance/Cardano Unveils Chang Hard Fork and Ouroboros Leios Consensus Upgrades for Enhanced Scalability and Governance "Scheduled for the second quarter of 2024, the Chang hard fork is set to revolutionize Cardano’s decentralization by empowering ADA holders with voting rights on network proposals. Cardano’s user-centric governance paradigm is reinforced by this decision-democratization. Concurrently, an upgrade to Ouroboros Leios is being developed with the goal of greatly improving scalability and transaction efficiency, in line with what ETHNews previously disclosed."
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Not only is this another frivilous lawsuit, but it will go nowhere, same as with Ripple (XRP). DEXes cannot be regulated like CEXes. It is technically not possible. Gary is just bored at this point and lashing out at whatever.
Gary Gensler's claims that the existing securities laws are sufficient to police crypto but obviously he is comparing apples to oranges at this point.
There is a precedent on tokens already. It has been ruled by a judge that the tokens by themselves are not securities. It is a very complicated case for uncle Gary on which are the illegal securities and which are not securities. I predict that if this case will gather more attention in the cryptospace and cause fear, we can be quite certain that much DEX trading volume will go to memecoins because memecoins are certainly and cannot be considered illegal securities hehehehhee. Memcoins have a very small capitalization and are not yet interesting for SEC. Of course, there are large projects, but after news about some requirements from the SEC, the capitalization of such a project may decrease very sharply. And the SEC will become the subject of ridicule. I think that when the SEC punishes all the large projects and they have nothing to do, then they can turn their attention to memcoins. |
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Tether does not represent a problem for the United States, as the currency is backed by bank accounts within the United States, treasury bills, and assets that the United States can seize or confiscate. The company also cooperates well with the government and they can freeze or delete any amount they want from any wallet.
They will not try to block Tether, otherwise users may move to DAI or just use Monero, making them impossible to track.
DAI only uses EBM compatible ecosystems, but again Circle's company may block USDC to harm DAI. DAI also uses other types of collateral and issues loans to commercial companies, so this system also does not have 100% stability. Tether in this regard looks more reliable due to the interests of the United States in this project. |
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If the government wanted regulation, they would make clear rules
I agree. This is where the main fault lies: their traditional regulatory framework does not work for crypto. The demands of the SEC that decentralized crypto apps must follow their outdated framework is unreasonable and unenforceable. The US has a very good regulatory framework, but still has a lot of problems defining what each coin is. One coin may be a commodity, and another a share, and, moreover, only part of the coins can be recognized as shares, because they were sold with violations. I don’t think that the regulators there are stupid and can’t figure it out. This is a very convenient system for receiving large fines. Once all the big projects pay their fines, there will be good regulation. |
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larry_vw_1955, there is a law to cryptocurrency, but it's a general one. According to this law, it is forbidden to use cryptocurrencies instead of money, but it is not forbidden to exchange them for money. If we talk about declaration forms, there are none.
But Russian law does not separate income from cryptocurrencies into a separate declaration. If you have received income from any activity, you are obliged to declare it. But if you receive income in fiat, selling cryptocurrency, but the tax authorities will probably never find out about it. But all bank operations are controlled by the tax authorities, and if the bank account will receive more than 600000 rubles (a little more than 6000 dollars) per month, the bank is obliged to conduct its own check and pass the data to the tax authorities.
if you use somewhere like coinbase here in the usa, i think they send out a 1099-misc but only if you made more than $600. if you made less than that then they don't send the form and the irs doesn't know anything. so i guess thats like free tax free income. if people don't get that form in the mail there is no way they are going to voluntarily report anything... If you look at the statistics of the average salary in the US, it's $4,300. I took the data from here, and it looks about right to me. https://visasam.ru/emigration/canadausa/zarplata-v-ssha.html600 dollars or a little more is a small amount and I think traders invest a lot more than that and make a lot more profit or loss. If a trader trades on Coinbase, of course he will have to learn the laws and pay all the taxes. But this is not the only way to trade in the US. |
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