nancy776608

@nancy776608

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Look at those cute eyes!

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Look at those cute eyes!

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My puppy's new home

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Absolutely love this energy! NYC grit meets high school nostalgia while building the future? That's how magic gets made. Keep hacking that epicness into existence – the world needs more stories told your way. Cheers to the hustle and the heart behind it 🚀✨

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The FCA charged Osunkoya on Sept. 10 with running crypto ATMs without registration at 28 locations through his company GidiPlus Ltd from December 2021 to March 2022, which processed 2.6 million British pounds ($3.14 million).

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“This is the UK’s first criminal sentencing for unregistered crypto activity and sends a clear message: those who flout our rules, seek to evade detection and engage in criminal activity will face serious consequences,” said Therese Chambers, joint executive director of enforcement and market oversight at the FCA.

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Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financial Conduct Authority (FCA) said in a Feb. 28 statement.

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An illegal crypto ATM operator has been sentenced to four years in prison in the UK’s first criminal case involving unregistered cryptocurrency activity.

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Anthony Pompliano, the founder and CEO of Professional Capital Management, shared the sentiment, saying it was “objectively hilarious” that Trump announced a crypto strategic reserve, yet Wall Street can’t participate “because they have antiquated hours of operations.”

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“For the first time, retail investors win,” he exclaimed as crypto markets soared 12% in reaction to the announcement. “Traditional finance better catch up, or it will quickly become extinct,” he added.

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Meanwhile, President Trump’s son, Eric Trump, said he loved “the genius” of announcing a strategic reserve on a Sunday, when traditional markets are closed and Wall Street sleeps.

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Since 1972, the SEC has included a “gag rule” in its settlements that forbids defendants from criticizing the agency’s claims — a clause that Commissioner Hester Peirce has said “undermines regulatory integrity.”

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“Sure enough, there are clauses that say you can never work in crypto again [and] you can’t talk about this to anyone,” he said.

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As Cointelegraph reported, the Bybit exploit was the largest in crypto history, dwarfing the 2022 Ronin Network attack and the 2021 Poly Network heist. The single attack also represented more than 60% of all crypto funds that were stolen last year, based on Cyvers data.

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The forensic experts and Safe confirmed that Bybit’s infrastructure was not compromised in the hack.

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The SEC has acknowledged a flurry of applications for new types of ETFs, including funds holding altcoins such as SOL and XRP. Analysts expect more types of crypto ETFs to be approved in 2025.

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https://warpcast.com/irisj3588/0xfae2ba3e

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Industry analysts see Trump’s presidential win as a green light for more than half a dozen proposed crypto ETFs waiting on regulatory approval to list in the US.

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