aimphos68

@aimphos68

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Just had an incredible steak dinner. The steak itself was out of this world, the side dishes were crafted with care, and the dessert absolutely left me dreaming for more.

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Prioritizing health starts with a simple bowl of porridge. #HealthyEating #SimpleMeals

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The SEC dropped enforcement actions against six crypto firms in February 2025 as part of the agency’s regulatory pivot.

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It comes amid a flood of crypto ETF acknowledgments from the new SEC leadership, including Cboe’s XRP ETF, Grayscale’s spot XRP and Dogecoin ETF, and Nasdaq’s filing to position and exercise limits on options tied to BlackRock’s iShares Bitcoin Trust (IBIT).

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Polygon’s proof-of-stake chain saw its stablecoin supplies jump 14% in the fourth quarter to surpass $2 billion, according to Boiron.

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Tether is also one of the world’s most profitable businesses, generating $13 billion in net earnings in 2024 on the back of its massive US Treasury holdings.

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Another Polymarket market speculating on whether the audit will reveal missing gold reserves has also seen increased activity, with current odds showing a 17% chance of missing assets.

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At the time of writing, Polymarket bettors have assigned a 64% probability to the audit happening, up from 55% the previous day.

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Following Trump’s confirmation, the odds of a Fort Knox audit occurring before May 2025 surged past 70% on Polymarket.

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Trump’s remarks on the Fort Knox audit appear to be his first public statement on the vault’s gold reserve since he was sworn in as the 47th US president on Jan. 20.

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While not directly mentioning concerns behind the audit, Trump stated: “If gold isn’t there, we’d be very upset.”

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Addressing a question on the implications of missing gold reserves, should the audit discover some, Trump expressed hope that “everything is fine with Fort Knox.”

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“I appreciate the DOJ’s constructive approach in reaching this resolution, which reflects my lack of any intent to violate US law or involvement in money laundering, fraud, or similar criminal actions,” Gan said.

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Gan added that the Justice Department dismissed all charges against himself and Tang upon “satisfaction of certain conditions,” and the resolution “provides much-needed clarity and paves a clear path forward” for KuCoin.

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In a Jan. 28 statement, Gan said the settlement was “a favorable outcome,” and KuCoin’s chief legal officer, BC Wong, will be taking over as CEO.

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KuCoin said in a Jan. 28 blog post that its operations in other markets remain unaffected, and significant strides have been made in strengthening its compliance framework and platform security.

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The crypto exchange was also accused of failing to register with the US Department of Treasury’s Financial Crimes Enforcement Network.

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“KuCoin employees repeatedly stated on public social media sites that KYC was not mandatory on KuCoin, including in response to posts from customers who had identified themselves as being in the US,” it added.

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In March, prosecutors accused KuCoin, Gan and Tang of failing to have effective Anti-Money Laundering and Know Your Customer programs. The Justice Department said that until around July last year, “KuCoin did not require customers to provide any identifying information.”

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The plea includes a forfeiture of $184.5 million and a $112.9 million fine, and KuCoin will exit the US market for two years. The exchange’s founders, Michael Gan and Eric Tang, will also forfeit $2.7 million and “will no longer have any role in KuCoin’s management or operations” in a deferred prosecution agreement.

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