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Allex🎩🍖🦄

@alexlecho.eth

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New Zealand man arrested in $265M crypto scam tied to FBI probe Authorities in New Zealand arrested 13 people in a $265 million crypto fraud probe, with one Wellington man indicted under US racketeering laws. A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million). According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, Wellington, and California over the past three days. The charges stem from allegations that members of an organized criminal group manipulated seven victims to obtain large amounts of cryptocurrency, which was then laundered through multiple platforms between March and August 2024. https://cointelegraph.com/news/new-zealand-man-arrested-fbi-crypto-scam-265m
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Top 3 Gainers Amp, Aethir, Helium: AMP, ATH lead market gains as broader crypto market cools The cryptocurrency market is taking a breather on Thursday after sustaining gains for almost two weeks, buoyed by heightened risk-on sentiment amid easing trade tensions between the United States (US) and China. While most top currencies are either stable or losing ground, Ethereum ecosystem tokens Amp (AMP) and Aethir (ATH) have defied the broad-based drawdown, stealing the spotlight among the top 200 cryptocurrencies, to post the highest gains in the last 24 hours. On the other hand, Helium (HNT), which also posted gains in the last 24 hours but is partly erasing them on Thursday, faces growing upside risks after rejection below the seller congestion at around $4.38. https://www.fxstreet.com/cryptocurrencies/news/top-3-gainers-amp-aethir-helium-amp-ath-lead-market-gains-as-broader-crypto-market-cools-202505150911
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New SEC Chair Races to Overhaul Outdated Crypto Rules The SEC’s new chair is driving a bold shift toward crypto innovation, promising long-overdue regulatory clarity to unlock blockchain transformation. U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins delivered his first speech as chair of the agency after being sworn in, speaking at the third Crypto Task Force roundtable on April 25 in Washington D.C. Expressing appreciation to his colleagues and SEC staff for their warm welcome, Atkins reaffirmed his priorities, stating: He praised Commissioner Hester Peirce for her leadership in digital asset policy: “Commissioner Peirce is the right person to lead the effort to come up with a rational regulatory framework for crypto asset markets.” Peirce leads the Crypto Task Force, overseeing its initiatives and guiding its regulatory approach to digital assets. https://news.bitcoin.com/new-sec-chair-races-to-overhaul-outdated-crypto-rules/
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TRUMP Coin Price Surges 60% After Private Dinner Offer to Top Investors TRUMP price saw a 60% surge after a bold dinner-for-investment offer promised top token holders exclusive access to the President. On April 23, the official website for TRUMP Coin, a meme cryptocurrency launched under Trump’s name, announced that the top 220 holders of the token are being invited to an “intimate private dinner” with the President at his Virginia golf club on May 22. The top 25 investors will also witness an exclusive reception and a guided tour of the White House. Business entities linked to the Trump family reportedly hold large TRUMP Coin reserves and benefit from transaction fees. A January report revealed nearly $100 million in revenue generated from these fees alone during the coin’s early trading days. https://www.coinspeaker.com/trump-coin-price-surges-60-percent-dinner-offer/
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Cardano Price Forecast: ADA extends gains toward $0.80 as bullish bets and whale accumulation increase Santiment’s Supply Distribution data projects a bullish outlook for Cardano as whales bought ADA tokens during the recent price dip. Santiment’s Supply Distribution metric indicates that the whales holding between 100,000 to 1 million, 1 million to 10 million, and 10 million to 100 million ADA tokens have surged from 5.69 billion to 5.89 billion, 5.65 billion to 5.73 billion, and 12.67 billion to 12.87 billion, respectively, from April 14 to Wednesday. This development indicates that these whales have seized the opportunity to accumulate Cardano at a discount during the recent price dip, thereby bolstering investors’ confidence in ADA. https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-extends-gains-toward-080-as-bullish-bets-and-whale-accumulation-increase-202504230725
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Upbit Listed DeepBook, DEEP Price Doubled in Minutes Upbit’s support for the Sui-based DeepBook brought huge attention to the token as its price skyrocketed in minutes. Upbit, the leading South Korean crypto exchange, listed DeepBook , the native token of the Sui network-based decentralized finance protocol. According to the announcement, DEEP was listed on the exchange at 05:30 UTC on April 22. The Sui-based token is only available for trading with the Korean won at this point. DeepBook is an on-chain liquidity aggregator protocol, also called a decentralized central limit order book (CLOB), on the Sui blockchain. On April 16, DeepBook v3.1 went live — it upgraded the liquidity pools and brought lower fees. https://www.coinspeaker.com/upbit-listed-deepbook-deep-price-doubled-in-minutes/
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Pump.Fun Co-Founder Says No Plan to Launch Token, Speaks Out Against Base-Promoted Meme Coin After a Base-promoted memecoin 90% crashed, Pump.fun seized an opportunity to tell its community: no stealth coins, no hype-fueled drops. Solana-based meme coin launchpad Pump.Fun’s co-founder has pushed back against Coinbase’s Layer 2 network Base’s controversial auto-minted token experiment, making it clear his platform has no plans to follow suit. “There’s a reality where what Base did is normal in a few years’ time—but it DEFINITELY isn’t today and that has resulted in hurt,” co-founder Alon Cohen tweeted Thursday. The post was a direct response to the “Base is for everyone” token, which was minted automatically through onchain social platform Zora from a post made by Base’s official X account. https://decrypt.co/315224/pump-fun-co-founder-says-no-plan-to-launch-token-speaks-out-against-base-promoted-meme-coin
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OKX to officially expand in US following February's $500 million DOJ settlement Seychelles-based cryptocurrency exchange OKX announced today that it will launch a centralized crypto trading platform and its OKX wallet in the U.S. market. With the expansion, OKX established its regional headquarters in San Jose, California, and named Roshan Robert, who previously worked at Morgan Stanley and Barclays, as its U.S. CEO. "U.S. customers now have access to our high-performance platform, and we will be rolling out new features throughout the year as part of our vision to build a crypto Super App," Robert said in a statement. The release said users of OKCoin, a U.S.-based crypto exchange affiliated with OKX, will be migrated to the OKX platform. https://www.theblock.co/post/350940/okx-officially-expand-us-following-500-million-doj-settlement
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