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Showing posts with the label assets

US DOJ freezes Alex Mashinsky’s assets in Celsius case

On August 16, US Department of Justice (DoJ) prosecutors filed a sealed order to freeze Alex Mashinsky’s business accounts and a Texas property co-owned by Kristine Mashinsky, the defendant’s spouse.. As a result, bank accounts and properties owned by Mashinsky have been frozen as part of a criminal investigation involving the former CEO of Celsius. The freeze affected four of Mashinsky’s accounts at Goldman Sachs, registered under the company name Koala LLC, and three accounts from SoFi Bank, SoFi Securities, and First Republic. Additionally, another account held under the name AM Ventures at Merrill Lynch was frozen, as stated in a court order signed by Judge Jed Rakoff of the Southern District of New York. You might also like: Ex-Celsius CEO must respond to NY lawsuit According to the DOJ’s indictment against Mashinsky on July 13, the former Celsius CEO orchestrated a defraud customers through false claims about the company’s financial health.  ...

Merely 2.6% of Portugals own crypto assets, data shows

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The number of Portuguese people investing in crypto currencies like bitcoin and ethereum has been gradually increasing, reaching around 268,000 individuals recently, according to Triple-A, a digital currency payment facilitator. However, compared to the global population, the interest of the Portuguese public in crypto investments is only half as strong. Crypto assets have gained much attention worldwide, with over 420 million crypto investors. Triple-A’s data shows that more Portuguese people would benefit from crypto currency investments if they had access to such opportunities. When looking at the percentage of the population holding crypto assets, the United Arab Emirates stands out, with 27.67% of its people engaged in crypto holdings. In terms of absolute numbers, India has the highest number of crypto adopters, with 103 million individuals, accounting for 7.10% of its population. China follows with 58 million investors (4.08% of the population), and the United States...

Polygon to help fight NFT scams with Web3 infra protocol partnership

Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality. Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT) has officially collaborated with Polygon, a blockchain platform that enables blockchain networks to connect and scale to make NFT authentication possible. The partnership between Polygon and Wakweli means that all digital assets on Polygon will be compatible with Wakweli's certification system. According to the announcement, every NFT project holder on the Polygon chain will also be able to request authenticity certificates for each of their assets. The collaboration generally aims at enhancing the security of the digital ecosystem. In response to the cost of the certificate authentication for users, Antoine Sarraute, Co-Founder of Wakweli, told Cointelegraph that staking WAKU — the utility token of Wakweli — is neces...