Prison Term Handed Down for Wash Trading Scheme Aleksei Andriunin, the 26-year-old founder of crypto firm Gotbit, has been sentenced to eight months in prison for orchestrating a multi-year market manipulation operation. The sentencing follows Andriunin’s guilty plea in March 2025, after he was arrested in Portugal and extradited to the United States to face…
Big Potential, Big Risk Most people entering the crypto market have heard of Bitcoin and Ethereum. But for those looking to catch the next explosive opportunity, the real challenge lies in identifying promising newer coins. According to Daniel Polotsky, co-founder and chairman of crypto ATM company CoinFlip, early-stage coins often offer higher upside but come…
Small Investor Exemptions Removed Brazil has officially scrapped its tax exemption for small-scale crypto investors. Previously, those who sold up to 35,000 Brazilian reals (roughly $6,300) in crypto per month paid no tax on gains. This exemption helped encourage grassroots adoption and everyday trading. But under the new policy, even the smallest crypto profits are…
$57.4 Million Windfall From Crypto Sales US President Donald Trump earned a staggering $57.4 million in 2024 from the sale of cryptocurrency tokens. These earnings were reported in the federal financial disclosures filed by the Office of Government Ethics, offering insight into Trump’s increasingly digital-focused portfolio. World Liberty Financial Linked to Trump Family The token…
Crypto Retreat: Market Digests Gains on June 14, 2025 On June 14, 2025, the cryptocurrency market continued its slight pullback, extending the correction seen after earlier significant gains in the week. The global crypto market capitalization stood at approximately $3.26 trillion. This shift comes as investors continue to digest recent macroeconomic developments, including the nuanced…
Adviser Faces Decade-Long Ban for Alleged Deception Australia’s top financial regulator has handed down a decade-long ban to a financial adviser accused of channeling millions in client funds into a suspicious crypto platform. The Australian Securities and Investments Commission (ASIC) announced the ban on June 6, citing serious misconduct by Glenda Maree Rogan, a former…
Geopolitical Shock Sends Crypto and Stocks Plunging Global markets were rocked early Friday as escalating Middle East tensions triggered a sharp selloff in cryptocurrencies and Asian equities. The downturn followed reports that Iran vowed a “harsh” response to attacks involving Israel and the United States, fueling fears of broader conflict in the region. Investors fled…
Influencer-Turned-Executive Aims to Make Big Bitcoin Bet Anthony Pompliano, one of the most influential voices in the cryptocurrency world, is preparing to step into the corporate spotlight. The well-known podcast host and crypto advocate, who boasts 1.7 million followers on X, is in advanced talks to become CEO of a new bitcoin investment vehicle that…
Crypto Market Dives Amid Escalating Middle East Conflict The cryptocurrency market suffered a sharp sell-off on Friday, June 13, as rising geopolitical tensions between Israel and Iran sent shockwaves through global markets. The downturn followed Israel’s launch of a large-scale military operation targeting Iranian nuclear and military sites, a move that rattled investors and drove…
Philippines Emerges as Global Crypto Powerhouse Cryptocurrency is no longer a fringe trend in the Philippines — it’s gone mainstream. With 52% of Filipinos now owning digital assets, the country ranks second in the world for crypto adoption. For millions of young professionals, overseas workers, freelancers, and gamers, crypto has become a tool for earnings,…
