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Logo of telegram channel crypto_publisher — Crypto Publisher
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Channel address: @crypto_publisher
Categories: Cryptocurrencies
Language: English
Subscribers: 569,121 (Update date: 2022-06-24)
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The latest Messages

2022-06-23 14:03:41 Crypto Publisher pinned a photo
11:03
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2022-06-23 14:03:38
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152.8K views11:03
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2022-06-23 09:48:02
Ripple vs SEC: Major Court Decisions That May Spell Direction of Lawsuit Imminent

Fox reporter Eleanor Terrett shares expectations regarding upcoming court decisions in the Ripple SEC case. According to Terrett, two key decisions are presently being awaited. First, Judge Netburn's decision on whether the Hinman emails and docs fall under attorney-client privilege.

The Fox reporter then shares the scoop that both decisions are now imminent and might be made by the end of the week. As previously reported by U.Today, the SEC has made numerous efforts to conceal the emails that contained the draft of Hinman's speech. The agency is now attempting to persuade the judge that the documents requested by the defendants are covered by attorney-client privilege after its argument on deliberate process privilege (DPP) was rejected by the court.

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195.4K views06:48
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2022-06-22 07:35:02
15 Terraform Staffers Banned From Leaving South Korea Amid Investigation

Bloomberg
has reported that as prosecutors are investigating the recent massive collapse of Terra's LUNA and UST, 15 of its former and present employees are not allowed to leave South Korea, where the criminal probe is taking place.

These 15 high-profile employees include former developers of lending protocol Anchor. They have all received restrictions to travel out of the country and may be invited for interrogation. Here Bloomberg cited Yonhap news agency from South Korea.However, the source of Yonhap refused to share where the investigation stands now or how many of those Terra employees have been questioned already. However, the source stated that "departure bans are normally imposed" in situations like this. No comments on that have been received by Terra as of now.

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203.8K views04:35
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2022-06-21 09:18:03
SBF: Big Players Like FTX Should Step in and Help Crypto Recover

The
Founder and CEO of the crypto exchange FTX – Sam Bankman-Fried – thinks large companies like his should use their expertise and “stem contagion” in the digital asset market. As such, they could aid the ecosystem to thrive again, he added.

In addition, the American argued that the Federal Reserve and its controversial approach to tackling high inflation is the main reason financial markets (including crypto) have plummeted recently. One of the most influential people in the crypto space – Sam Bankman-Fried – opined that crises in the sector like the ongoing situation could be solved with the help of the leading companies. Bankman-Fried reminded that FTX has already provided help on similar occasions.

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197.5K views06:18
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2022-06-20 09:58:02
Traders Shifting From USDT to USDC

Glassnode, an on-chain data analytics platform, disclosed today that USDC, the world’s second largest stable coin, is gaining traction as crypto investors prefer it over USDT. This may be seen in the total number of supplies added to the coin in the last month alone.

USDC had a market cap of $4.1 billion in January 2021, but it has since increased by nearly 1000 percent to $55.27 billion. According to Glassnode, total stablecoin redemptions have totaled $9.92 billion since the beginning of May 2022. According to the data, USDT witnessed the greatest redemptions of -$13 billion from the beginning of May to today, followed by DAI with -$2 billion, owing to investors closing down leverage or liquidation. Meanwhile, the market capitalization of USDC has increased by $5 billion in less than two months.

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193.2K views06:58
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2022-06-19 10:23:02
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD

A
class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. This is the second class-action suit outstanding against Coinbase.

The plaintiffs and classes in the case are being represented by law firms Milberg Coleman Bryson Phillips Grossman and Erickson Kramer Osborne. The latter firm is also representing the plaintiffs in a case filed against Coinbase and GMO-Z.com Trust on May 13 related to the depegging of the Japanese yen-pegged GYEN stablecoin in November. The GYEN shot up in value then dropped precipitously a week after being listed on Coinbase, causing the platform to freeze some users’ accounts.

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189.1K views07:23
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2022-06-18 08:54:02
An arrangement permitting crypto payments in foreign trade has since been added to a draft law, expected to extensively direct Russia’s crypto sector

An arrangement permitting crypto payments in foreign trade has since been added to a draft law, expected to extensively direct Russia's crypto sector.

As per RBC crypto, Elvira Nabiullina, the chair of the Bank of Russia has said that she is ready to accept cryptocurrency payments for international settlements but it should fulfil one condition- the payments do not "Penetrate" the financial system of Russia. The Bank of Russia executive further said that coins listed on Russian exchanges must be compliant with all regulations designed to protect investors.

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207.6K views05:54
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2022-06-17 08:55:11
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

Benjamin
Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law. Prosecutors had argued Delo should serve a year in prison or at least receive a two-year probation along with six months of home detention, as was given to former CEO Arthur Hayes in May.

The sentence, handed down at a federal court in New York on June 15th, follows his guilty plea to charges in February of “willfully failing to establish, implement and maintain an Anti-Money Laundering (AML) program” in his role at BitMEX. For Delo, his lesser sentence closes the legal saga which started in October 2020 which also saw co-founders Hayes and Samuel Reed along with BitMEX’s first official employee Gregory (Greg) Dwyer charged with similar violations.

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200.3K views05:55
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2022-06-16 09:13:02
Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets

While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adoption reaches a pivotal stage.

While the proposed addition will not necessarily make crypto legal tender in the country, it will help the asset class to be used as a financial asset for various purposes, including means of exchange or payment, or instrument of access to goods and services or investment. The bill is headed to the South American country’s legislators, who will now hold discussions before the additions are passed by the Senate and are signed into law by the president.

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32.1K views06:13
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