The SEC reached proposed settlements with key members of Sam Bankman-Fried's inner circle. These agreements involve former FTX executives. They aim to resolve the SEC's charges against them. This is a major step in the ongoing case. The details are now pending court approval.
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IcomTech tricked people with fake crypto mining promises. Promoters actually kept the money for themselves. The Justice Department has now exposed this scheme. Investors were misled and lost their funds.
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Bitcoin's price is stuck in a range, consolidating without a clear direction. Momentum has slowed down significantly. The market is now mainly reacting to nearby liquidity and key technical levels. On the daily chart, it continues to trade below a significant descending trendline.
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