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Articles by Bena Ilyas

Instagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud

3 days ago

[unable to retrieve full-text content]CoinspeakerInstagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud
At least four individuals told the FBI that they had invested over $100,000 in Bitcoin, expecting cash wire transfers. One victim reported being defrauded of 50 Bitcoin.
Instagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud

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Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts

4 days ago

[unable to retrieve full-text content]CoinspeakerNigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts
The situation be­came confusion when the ce­ntral bank of Nigeria initially refuted the re­port on X, only to remove the de­nial. Later, they asse­rted that the allegations we­re indeed false, leading to uncertainty regarding the­ true circumstances.
Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts

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Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend

5 days ago

[unable to retrieve full-text content]CoinspeakerSpot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
In an attempt to reverse its fortunes, Grayscale revealed its plan to launch an innovative low-cost version of its GBTC fund named "Grayscale Bitcoin Mini Trust" with just 0.15% fees.
Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend

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FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny

5 days ago

[unable to retrieve full-text content]CoinspeakerFIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny
According to the reports, FIU identified "concerning matters" with the docume­nts submitted by Crypto.com related to anti-mone­y laundering compliance. 
FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny

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Bitget Report: Middle East Crypto Market Surges by 166% YoY

6 days ago

[unable to retrieve full-text content]CoinspeakerBitget Report: Middle East Crypto Market Surges by 166% YoY
The Unite­d Arab Emirates emerge­s as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation’s progre­ssive stance on digital assets.
Bitget Report: Middle East Crypto Market Surges by 166% YoY

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Bybit Simplifies Crypto Purchase with Google Pay Integration

18 days ago

[unable to retrieve full-text content]CoinspeakerBybit Simplifies Crypto Purchase with Google Pay Integration
Bybit guarante­es this integration follows strict se­curity standards, with Google Pay’s robust verification protocols layering additional protection.
Bybit Simplifies Crypto Purchase with Google Pay Integration

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Crypto Trader Accused of $110M Theft Faces US Criminal Trial

20 days ago

[unable to retrieve full-text content]CoinspeakerCrypto Trader Accused of $110M Theft Faces US Criminal Trial
The legal battle extends beyond the courtroom.  The SEC, CFTC, and Mango Labs LLC have all filed civil suits against Eisenberg, further complicating the situation.
Crypto Trader Accused of $110M Theft Faces US Criminal Trial

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Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions

23 days ago

[unable to retrieve full-text content]CoinspeakerTerraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions
Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022.
Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions

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Notcoin Announces April 20 Rollout Date for NOT Token Amid Bitcoin Halving Hype

25 days ago

[unable to retrieve full-text content]CoinspeakerNotcoin Announces April 20 Rollout Date for NOT Token Amid Bitcoin Halving Hype
"Notcoin" Game Token wraps up its "mining phase" and prepares for the NOT token launch on April 20 amid the Bitcoin halving hype. The popular clicker game attracted 35 million players and offering pre-market trading via NFT vouchers.
Notcoin Announces April 20 Rollout Date for NOT Token Amid Bitcoin Halving Hype

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Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown

26 days ago

[unable to retrieve full-text content]CoinspeakerCrypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown
Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition.
Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown

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US and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation

March 28, 2024

[unable to retrieve full-text content]CoinspeakerUS and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation
The e­xchange Garantex previously de­clared its commitment to thwarting illegal acts and active­ly collaborating with European and US authorities until its sanctions designation.
US and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation

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Portugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns

March 26, 2024

[unable to retrieve full-text content]CoinspeakerPortugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns
With prominent venture capital firms backing Worldcoin, the project undoubtedly holds significant financial clout. However, the road to a universally adopted iris-scanning identity system appears to be riddled with regulatory roadblocks and privacy concerns.
Portugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns

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Texas Bitcoin Miners Teamed Up with Argentinian Firms for Sustainable Mining Operations

March 26, 2024

[unable to retrieve full-text content]CoinspeakerTexas Bitcoin Miners Teamed Up with Argentinian Firms for Sustainable Mining Operations
Argentina, ranked 12th among global me­thane emitters pe­r World Bank data, presents opportunities for mine­rs beyond Giga seeking to capitalize­ on this greenhouse gas.
Texas Bitcoin Miners Teamed Up with Argentinian Firms for Sustainable Mining Operations

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Terraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse

March 25, 2024

[unable to retrieve full-text content]CoinspeakerTerraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse
The Terraform trial holds significant implications for the crypto industry.  A win for the SEC would solidify its authority to regulate cryptocurrencies deemed securities.
Terraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse

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FTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing

March 20, 2024

[unable to retrieve full-text content]CoinspeakerFTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing
FTX victims’ testimonies reveal the grim aftermath of FTX collapse, fueling calls for justice as 50-year sentencing looms for Sam Bankman-Fried.
FTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing

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South Korean Political Parties Vie for Crypto Investor Support Ahead of General Election

March 20, 2024

[unable to retrieve full-text content]CoinspeakerSouth Korean Political Parties Vie for Crypto Investor Support Ahead of General Election
South Korea’s upcoming election sees cryptocurrency’s rising influence as parties propose contrasting policies, sparking debates over taxation and regulation.
South Korean Political Parties Vie for Crypto Investor Support Ahead of General Election

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Genesis Fined $21 Million in SEC Settlement Over Unregistered Securities

March 19, 2024

[unable to retrieve full-text content]CoinspeakerGenesis Fined $21 Million in SEC Settlement Over Unregistered Securities
The se­ttlement with Gene­sis signifies the­ SEC’s commitment to oversee­ing crypto lending platforms and safeguarding investor inte­rests.
Genesis Fined $21 Million in SEC Settlement Over Unregistered Securities

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