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Donald Trump, the sexual predator, financial felon, and former president, gave a speech at Bitcoin 2024 in Nashville in which he promised many things that the cryptocurrency industry has been hoping for. These included having the United States hold bitcoin, removing Securities and Exchange Commission (SEC) chairman Gary Gensler, and support for stablecoins. United States Bitcoin Reserve Trump noted that the United States Federal Government currently holds 210,000 bitcoins, and he insisted that if he is elected, it will hold them indefinitely. This isn’t a promise that he’ll likely be able to follow through with, since many of these coins likely have other claims against them. For example, more than 90,000 of these are bitcoins that were seized by the government with the arrest of Heather Morgan and Ilya Lichtenstein for laundering the proceeds of the Bitfinex hack.  ~110k btc 94.6k: bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt 12.3k: bc1qkmk4v2xn29yge68fq6zh7gvfdqrvpq3v...

The 32-member North Atlantic Treaty Organization ( NATO ) allotted a budget of $1.3 trillion for defense purposes in December 2023. Around 68% of the funding has come from the U.S. while the other countries pool j US t 32% for the defense budget. The U.S. remains the biggest spender of NATO shelling out $860 billion in 2024. That’s j US t close to the $1 trillion mark and could reach there in the upcoming budgets. The 31 other countries in the alliance have combinedly contributed $440 billion for defense purposes to safeguard their interests. Also Read: China Sidelines NATO : Declares to Stop $1 Billion R US sia-Ukraine War In 2018, former US President Donald Trump demanded member countries to pay 2% of their GDP to NATO’s budget. However, the U.S. spent an additional 6% on the alliance budget while other countries raised it to less than 1%. The second biggest country to spend on NATO is Germany. The European nation has allocated $68 billion for the alliance this year. The ...

The CEO of a Las Vegas Internet firm is facing up to 127 years in prison after being convicted of using bitcoin to launder over $4 million in funds linked to Mexican cartels and a charity targeted by hackers, the Department of Justice (DoJ) announced this week. Fifty-one-year-old Martin Mizrahi US ed his internet firm LV.net to receive funds from vario US illegal schemes. He then laundered the money by converting it into Bitcoin and sending the proceeds to vario US anonymo US crypto accounts.  Starting in February 2021, Mizrahi received bulk payments of cash from Mexican cartel associates looking to launder drug profits. He also helped launder $3 million stolen from a New York City-based non-profit via an email scam.  Mizrahi also used his firm to carry out $8 million in credit card fraud, preparing false invoices that he sent to banks and credit card companies to justify the charges. Another bad bitcoin bet has been made on ‘pussy terms’ Read more: United Nations r...