Search results for "RICK"

The U.S. Department of Justice has filed a civil forfeiture lawsuit involving $225 million in Crypto Assets investment fraud and Money Laundering.

ChainCatcher News: The U.S. Department of Justice today filed a civil forfeiture lawsuit in the U.S. District Court for the District of Columbia, accusing it of unlawfully seizing over $225.3 million in Crypto Assets. According to the lawsuit, law enforcement agencies used blockchain analysis and other investigative techniques to determine that these Crypto Assets were related to the theft and laundering of funds from victims of a Crypto Assets investment scam. The complaint alleges that the cryptocurrency address holding more than $225.3 million in cryptocurrency is part of a sophisticated blockchain-based money laundering network that executes hundreds of thousands of transactions and is being used to disperse the proceeds of cryptocurrency investment fraud across a number of cryptocurrency addresses and accounts on the blockchain to disguise the source of illegally obtained funds. It is reported that Stefanie Schwartz and Et, trial lawyers from the Computer Crime and Intellectual Property Section (CCIPS) of the U.S. Department of Justice,
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Charles Schwab CEO: Expected to launch Spot Crypto Assets trading within 12 months.

The new CEO of Charles Schwab stated plans to launch direct Spot Crypto Assets trading in the next 12 months, which will become an important asset for large brokerage firms. Changes in the regulatory environment will drive this initiative, but investors should be aware of the risks posed by Fluctuation in Crypto Assets prices.
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Gate.io CEO: It is expected that relevant regulations will eventually allow the provision of Spot encryption services on the platform.

Golden Finance reported that Rick Wurster, CEO of Jiaxin Wealth Management, told analysts in a conference call this week, "We do hope to be able to provide Spot Cryptocurrency services, and we expect that Cryptocurrency-related regulations will eventually allow us to do so." The Financial Times reported that the U.S. SEC overturned a rule known as SAB 121 later on Thursday.
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Analyst: More positive inflation data is needed to further relax monetary policy by the Federal Reserve

After the CPI report was released, the Chief Investment Officer of BlackRock Global Fixed Income predicted that the progress of inflation may be slow and uneven. Goldman Sachs Asset Management believes that the CPI data strengthens the argument for further interest rate cuts by the Federal Reserve, but more favorable inflation data is needed to prompt the Fed to further relax monetary policy.
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