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Federal Authorities Demand BlockFi to Transfer Funds Used in $575M Scam

Federal Authorities Demand BlockFi to Transfer Funds Used in $575M Scam

BlockFi, a platform that lends cryptocurrency, has been directed by the court to transfer funds related to a $575 million fraud. The court-appointed prosecutor, who filed a complaint against BlockFi in March, issued the order. The prosecutor alleged that BlockFi’s platform was used to transfer and hide funds in the fraudulent scheme. About the Accusations  According to the accusation, individuals …

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Bitcoin Surges Past $30K Mark as Federal Reserve's Outlook Changes

Bitcoin Surges Past $30K Mark as Federal Reserve’s Outlook Changes

Bitcoin experienced a significant surge on Tuesday, surpassing the $30,000 mark for the first time since June 2022. This notable increase was attributed to market expectations of a more lenient Federal Reserve in the coming months, as well as an overall improvement in sentiment for the crypto space. Bitcoin Breaks $30k At the time of writing this article, the world’s …

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