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The FTX founder, Sam Bankman-Fried, has publicly declared his innocence. He responded to charges of fraud, money laundering, and recent allegations concerning breaches of election campaign finance laws.
He articulated his defense on August 22nd in the Southern District Court of New York. Crypto Regulation in Brazil
Brazil reigns as the most substantial cryptocurrency hub in Latin America. Yet, its regulatory stance towards digital currencies is confounding. On one hand, they're not recognized as legitimate money; on the other, there's a push towards legitimizing crypto transactions. 
"Simply put, no. Bitcoin raises concerns among both local and European regulators. Our primary business demands our focus, and it wouldn't be rational to jeopardize it by engaging with a high-risk asset like Bitcoin," says Mykhailo Rohalskyi.
He believes that cryptocurrency lacks advantages over fiat money, apart from the potential to sidestep local currency regulations.
Speaking on Ukraine's crypto landscape, the Monobank co-founder added:
"I'm skeptical about the widespread acceptance of cryptocurrencies in our country. The approach of the National Bank of Ukraine to crypto regulation remains uncertain." 
As Elon Musk occupies himself with the Twitter rebrand, the crypto community is enthusiastically trading tokens that bear association with the well-known platform only through its former name.
The TwitterDAO (TWITTER) token is presently priced at $0.0001, despite a rocky start.This rise is attributed to the automatic system's verification and contract audit.
Yet, it's vital to bear in mind that such tokens often morph into money-making tools for fraudsters, leading to a total wipeout of the assets belonging to external investors. The recent situation with BALD serves as a stark reminder of this risk. 
Singapore witnessed one of its largest crackdowns on money laundering last month. 400 police officers coordinated raids throughout the city-state, detaining 10 foreigners.
These individuals allegedly were "laundering the proceeds of their overseas organised crime activities, including scams and online gambling".
The seizures were significant, totaling $1.76 billion, with cryptocurrencies accounting for nearly $30 million.
The operation also led to the confiscation of 68 gold ingots, 110 real estate holdings, and 62 cars.
Sketches released provide a look at those under suspicion. Lightning Network and BTC: The Future of Global Payments
While the world remains engrossed with Bitcoin's market rallies, David Marcus and the team at LightSpark are looking at the bigger picture. Their ambitious endeavor to turn BTC into a global payment network could reshape our views on money, borders, and financial inclusivity. 
In a recent courtroom confession, Ryan has agreed to pay a $6 million fine to the US government, reimburse FTX creditors with $5 million, and forfeit two Massachusetts properties along with his Porsche. The former FTX executive admitted to illicit campaign financing and running an unlicensed money transfer business. “I made $10 million in political contributions and called them loans, which I never intended to repay,” said Salame. He could face up to 10 years in federal prison. 
OpenSea Head of Product Receives Prison SentenceNate Chastain has been sentenced to three months in prison for engaging in insider trades that amounted to $50,000.
Chastain, aged 33, was found guilty of fraud and money laundering in a federal court in New York in May. This case marked the conclusion of what prosecutors deemed the first significant NFT insider trading case.
Chastain profited by purchasing and selling at least 45 NFTs he was aware would be featured on OpenSea’s homepage.
U.S. Attorney stated, “Today’s sentence should serve as a warning to other corporate insiders that insider trading – in any marketplace – will not be tolerated.” 
After detecting phishing attempts, Terra (LUNA) has temporarily frozen its primary domain, Terra․money. The company's directive? Avoid sites with this domain until they say otherwise.
While the team has ramped up protection for the Station Wallet, a word of caution: avoid the desktop and mobile apps for a bit. But if you're a fan of the Station Chrome extension, the latest version is good to go. 
Under the new regulations, stablecoin transfers will require up to three business days. This rule has caused bewilderment within the blockchain community.
However, officials state that this restriction is consistent with the pace of standard domestic money transfers and will also apply to stablecoin redemptions.
"The redemption timeline is intended to strike a balance between responsiveness to users’ requests and ensuring there is enough time for the SCS issuer to do so in an orderly manner under various stress situations," added the regulator. 
“I saw some ridiculous views, so i want to clarify that I’m refunding you not because you can find me, it’s because I don’t want to ruin your project, maybe it’s a lot of money for a lot of people, but not for me, I’m smarter than all of you, fuck!!!”
Was this hack simply for the thrill of causing disorder? Or was there a message he was trying to convey?
Given the thorough preparation that spanned weeks or perhaps even months, it's a thought-provoking consideration. 
Ilya Lichtenstein and Heather Morgan, a husband and wife duo of crypto hackers, have pleaded guilty to federal money laundering conspiracy charges related to the 2016 hack of the cryptocurrency exchange Bitfinex.
Their guilty plea comes after a year and a half since their arrest and charges in February 2022 and seven years after the initial hack.
According to the government’s allegations, Lichtenstein hacked into Bitfinex and stole 119,754 bitcoins, which were valued at $72 million at the time and are now worth approximately $3.5 billion, for his personal benefit.