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South Korean lawmaker allegedly cashed out while legislating on crypto: Report

Kim Nam-kuk, a member of South Korea’s National Assembly, reportedly liquidated more than $4 million worth of crypto prior to lawmakers in the country enforcing the Financial Action Task Force’s “Travel Rule”.According to a May 8 report from The Korea Times, authorities with the Korea Financial Intelligence Unit are investigating

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Peter Thiel’s Fund Cashed Out $1.8 Billion From Bitcoin Before 2022’s Crash

A VC fund co-founded by Peter Thiel closed almost all of its 8-year-long bet on Bitcoin last year. The winding down of the crypto investments came right before 2022’s crypto crash in May. Shortly after selling the crypto holdings, Thiel suggested that Bitcoin’s price may rise 100-fold.The fund currently manages more than

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