Nick Abrol (nick7snowcrypto)

Terra Classic (LUNC) Sets Stage for Breakout as Investors Eye Over 1,100% Gains 🔺 > Terra Classic (LUNC) forms a bullish rounded bottom, signaling recovery and potential breakout above key resistance levels > Analysts project over 1,100% gains for LUNC, with targets at $0.00058046, $0.00098584, and $0.00139122 as momentum builds > Higher highs, higher lows, and growing volume confirm LUNC's bullish trend, with investor optimism reinforced by historical performance > Crypto expert Javon Marks believes Terra Classic (LUNC) is showing indications of a bullish breakout. The cryptocurrency is currently showing similar characteristics that could result in a huge increase after previously shown upward momentum > The price movement of LUNC against USDT has followed a well-defined trajectory. The token first had an upswing, peaking at about 0.00045 USDT. It quickly began a sharp slide, though, with lower highs and lows. Despite this, the price stabilized, transitioning into a rounded bottom pattern. This fo…

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SEC hits Jump Trading with $123m fine over TerraUSD scandal and Luna misconduct 🔻 > The SEC fined Tai Mo Shan Limited, a wholly owned subsidiary of Jump Crypto Holdings, $123 million for misleading investors about the stability of Terra USD, an alleged “algorithmic stablecoin” issued by Terraform Labs PTE Ltd. (Terraform) > Tai Mo Shan is further charged with trading securities in unregistered transactions. The SEC established that the firm acted as a statutory underwriter on some of its offers and sales of LUNA, which was also issued by Terraform and sold as a security > SEC chair Gary Gensler said: “This case reminds us that, too many times in the crypto markets, we’ve seen significant investor losses due to fraud.” > He stated that Tai Mo Shan’s illegal activities affected the entire crypto market, leading to serious investor losses. Gary stressed the need for market players to comply with security laws and avoid deceiving the public about investors’ security > Tai Mo Shan agreed…

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Roman Sterlingov Receives 12-Year Prison Sentence for Crypto Money Laundering 🔻 > Roman Sterlingov, the founder of the longest-operating cryptocurrency mixer on the darknet, received a prison sentence of 12 years and 6 months from the U.S. Department of Justice > According to the U.S. Department of Justice, Sterlingov was accused of laundering hundreds of millions of dollars through a cryptocurrency mixer called Bitcoin Fog over a decade > Prosecutors indicated that Sterlingov conducted approximately 1.2 million Bitcoin (BTC) transactions using Bitcoin Fog from 2011 to 2021, with an estimated value of around 400 million dollars during that period > U.S. Attorney Matthew M. Graves stated that Sterlingov’s operation of the mixer facilitated illegal activities > Sterlingov was acquitted by the competent court on charges of money laundering conspiracy, operating an unlicensed money transmitting business, and unlicensed money transmission > In addition to his prison sentence, Sterlingov will forfeit …

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AVIVE X MOZO Airdrop Relaunch 🪂 https://t.me/MozoAI_bot?start=E3kaLWdi 🥺 Missed out on $NOT? Too late for $Yescoin? 👉 Join #Mozo with 'Tap to Earn!' 💰 Let’s tap and earn big🤑

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TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing > The California companies were accused by the U.S. Securities and Exchange Commission of misrepresenting the backing of stablecoin TUSD > The U.S. Securities and Exchange Commission has settled fraud accusations with firms associated with Archblock and the TrueUSD stablecoin > The related companies were also said to offer and sell securities tied to TUSD without registering with the SEC > TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock – settled accusations that they knowingly misrepresented the backing of the TrueUSD (TUSD) stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement > The companies agreed to pay $163,766 each in fines, and TrueCoin will return nearly $400,000 in profits and interest, assuming a federal court approves the settlement. They've also agreed not to violate the relevant secu…

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Terra Luna Classic Successfully Implements Major Tax2Gas Update 🔥 > LUNC gained value today after completing a significant update necessary for the long-awaited Tax2Gas feature of Terra Luna Classic. Additionally, the proposal for the v3.1.6 update received 100% support. This development is considered a crucial milestone for the community as it aims to enhance transaction efficiency and strengthen ecosystem security > The new v3.1.6 update includes critical improvements, such as a security patch for the WebAssembly Virtual Machine (wasmvm). The wasmvm version has been updated to 1.5.5, increasing the network’s resilience against potential security vulnerabilities. Furthermore, a simulation feature for transaction fees on taxable transactions was developed, optimizing transaction management across the network > The update halted the blockchain at block height 20085000, allowing validators to load the latest terrad client. The unanimous vote of 100% from the Terra community reflects the strong consen…

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