SEC’s case against Kraken will proceed to trial, California Judge rules — link | tl;dr
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SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities: SEC
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Note: Telegram CEO Durov has not been not charged of any charges yet, The judicial investigation was opened against person unnamed, on charges mentioned.
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Charges against Telegram CEO, Pavel Durov: @infinityhedge
- Complicity – web-mastering an online platform in order to enable an illegal transaction in an organized group,
- Refusal to communicate, at the request of competent authorities, information or documents necessary for carrying out and operating interceptions allowed by law,
- Complicity – possessing pornographic images of minors,
- Complicity – distributing, offering, or making available pornographic images of minors in an organized group,
- Complicity – acquiring, transporting, possessing, offering, or selling narcotic substances,
- Complicity – offering, selling, or making available, without legitimate reason, equipment, tools, programs, or data designed for or adapted to get access to and damage the operation of an automated data processing system,
- Complicity – organized fraud,
- Criminal association with a view to committing a crime or an offense punishable by 5 or more years of imprisonment,
- Laundering of the proceeds derived from an organized group’s offences and crimes,
- Providing cryptology services aiming to ensure confidentiality without a certified declaration,
- Providing a cryptology tool not solely ensuring authentication or integrity monitoring without prior declaration,
- Importing a cryptology tool ensuring authentication or integrity monitoring without prior declaration.
The custody period was extended until the 25th of August 2024 by an investigative magistrate and can last up to 96 hours (that being the 28th of August 2024), given the applicable procedure for organized crime offences, as referred to above.
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Looks like Telegram Wallet banned in India
Screen shows "Unsupported Region Wallet is unavailable in your country"
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JUST IN: 🇺🇸 Public Company Semler Scientific buys another 83 Bitcoin worth $5 million 🔥
As of Aug 26th, Semler Scientific holds 1,012 $BTC, worth $65 million.
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Last week, digital asset investment products saw inflows totalling $533m, marking the largest inflows in five weeks. This surge followed remarks by Jerome Powell at the Jackson Hole Symposium.
Bitcoin was the primary focus, seeing $543m of inflows, indicating its sensitivity to interest rate expectations — link
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🟠 Over $7,000,000,000 in $BTC shorts will be liquidated at a price of $70,500❗️
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JUST IN: Tron founder Justin Sun proposes a DAO to help free Telegram CEO Pavel Durov after his arrest and says he will donate $1,000,000.
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BREAKING: 🟠 Telegram founder Pavel Durov, who holds hundreds of millions in #Bitcoin, has been arrested for refusing to censor content on his platform.
Free speech is under attack❗️
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JUST IN: 🇺🇸 SEC lawsuit against Kraken crypto exchange will proceed to trial, California judge rules.
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SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities: SEC
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SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities: SEC
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Telegram being investigated in India over extortion, gambling concerns: moneycontrol
The messaging app could even be banned, depending on the probe findings.
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The Week Ahead: Aug
*Telegram CEO Durov was arrested in France on 25 #FreePavel
*Statement by France on Telegram CEO, Pavel Durov's arrest is expected on 26
Macro:
> US Q2 GDP on 29
> U.S. PCE on 30 [Fed’s preferred inflation measure]
> NVIDIA Earnings on 28
Token Unlocks: $533M
> OP: $48.27m, 2.64%
> DYDX: $9.50m, 3.67%
> SUI: $63.06m, 2.5%
> ZETA: $30.17m, 15.7%
Earnings/Charts/Articles 🔻
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BREAKING: 🟠 Telegram founder Pavel Durov, who holds hundreds of millions in #Bitcoin, has been arrested for refusing to censor content on his platform.
Free speech is under attack❗️
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NEW: 🇲🇾 Malaysian authorities are destroying #Bitcoin mining rigs as part of a wider crackdown on operations illegally siphoning electricity from the national grid. Police officials from the Perak District recently destroyed 985 mining rigs valued at RM1.98 million ($452,500)❗️
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