OneCoin head of compliance facing 40-year sentence after US extradition

The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws.

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Co-Founder of the $4 Billion OneCoin Pyramid Scheme Pleads Guilty to Fraud Charges

The co-founder of OneCoin, Karl Greenwood has pleaded guilty to fraud charges and could face up to 20 years.

Continue reading Co-Founder of the $4 Billion OneCoin Pyramid Scheme Pleads Guilty to Fraud Charges at DailyCoin.com.

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$4B OneCoin scam co-founder pleads guilty, faces 60 years jail

The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.

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Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry

Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that the Financial Action Task Force (FATF) is slated

The post Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry appeared first on BTC Ethereum Crypto Currency Blog.

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Cardano Price Prediction: Analyst Says $0.8 Might Not Come Again If This Wedge Breaks Out

As part of his Cardano price prediction, crypto analyst CobraVanguard has revealed what needs to happen for ADA to never drop below the $0.8 level again. This comes amid the US SECs acknowledgment of Grayscales Cardano ETF filing, providing a bullish outlook for the crypto.  How The Cardano Price May Never Drop Below $0.8 Again In a TradingView post, CobraVanguard noted that the Cardano price continues to move well within the wedge. The analyst claimed that if this wedge is broken, then market participants will no longer see ADA below $0.80. The analysts accompanying chart showed that a break above could see Cardano reclaim the $1 psychological price level.  Related Reading: Cardano Price Eyes Breakout To $6 After Bouncing From 43% Drawdown This bullish outlook for the Cardano price comes as the US Securities and Exchange Commission (SEC) acknowledged Grayscales Cardano ETF filing. An ETF is bullish for the ADA price as it will attract institutional investors and drive more inflows into the coins ecosystem, which could spark a rally to new highs.  However, in the meantime, the Cardano price looks to be in bearish territory, as it has declined alongside the broader crypto market. ADA is currently below the $0.8 price level, which could represent a great buying opportunity, especially if the crypto eventually never sees this price level again, as CobraVanguard predicted.  Regarding the short-term bearish outlook for the Cardano price, crypto analyst CryptoBusy also noted that ADA is barely clinging to its 0.5 Fibonacci support level. The analyst added that a breakdown below this Fib support could lead to a straight drop to the $0.618 price level. CryptoBusy suggested that this breakdown will likely happen as ADA is facing significant selling pressure.  A Mega Bounce Is Coming For ADA In an X post, crypto analyst Sebastian told market participants to get ready for a mega bounce for the Cardano price after this market downtrend. In another post, he remarked that the worst time to sell is right now. He added that in a month, market participants will wish they had bought more. According to him, the market is a game of emotions and the more people capitulate, the higher prices will go eventually.  Related Reading: Possible Deep Correction Could Push Cardano Price To $0.43, Heres How Meanwhile, crypto analyst Ali Martinez recently noted that the most critical support zone for the Cardano price is between $0.67 and $0.80. He remarked that as long as this level holds, ADAs bull run remains intact. His accompanying chart showed that ADA could still reach its current all-time high (ATH) of $3.10 and possibly surpass this price level in this market cycle.  At the time of writing, the Cardano price is trading at around $0.65, down over 12% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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Keeping crypto cypherpunk protects users from censorship and corporatism Gnosis VP

Sebastian Bürgel, vice president of technology at Gnosis and founder of Hopr, argues that hyperfinancialization and profit-seeking are a threat to privacy and the crypto sector.

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Cardano’s Load Is 6% Away From Maximum Capacity; What’s Next?

Cardano node implements transactions in a first-come-first-serve model but what would happen if the blockchain hit 100% load? Will it prioritize transactions then? Given that the network load is currently 94%, Sebastian Guillemot, CTO and co-founder of dcSpark and a contributor to Cardano, gave some insight into what users might anticipate in such situations. Three […]

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Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital [...]

The post Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard appeared first on Crypto Breaking News.

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