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Paul “illegally touted” cryptocurrencies “TRX and/or BTT” without disclosing he was being paid to do so, according to a press release. The YouTuber-turned-boxer is among a cast of celebrities the SEC charged Wednesday with participating in a scheme to illegally promote Sun-tied cryptos. Source
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The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin Bet on Jake Paul’s
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A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens.SafeMoon, a Binance Smart Chain-native cryptocurrency, allegedly recruited a number of celebrities to lure investors in with misleading promotions. Some of the
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The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky.Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain Association — said the industry had been “blindsided” by
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Forget Bitcoin and Ethereum, Dogecoin (DOGE) has been on an absolute tear over the past few days.Just look at the chart below, which shows that the meme cryptocurrency is up more than 150% in the past three days. As of the time of this article’s writing, it’s trading at $0.048,
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Jake Paul was charged after he was caught looting in an Arizona mall. Don’t get too excited – he was only charged with criminal trespass. Given how minor the charge is, it seems that justice isn’t exactly swift. Jake Paul fought the law, and the law won. Well, maybe it was actually a
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PewDiePie trashed fellow YouTuber Jake Paul’s new financial freedom courses in a recent video. But Felix is guilty of shilling sketchy financial products too. To top it off, PewDiePie gives financial advice in the video, while criticizing Jake Paul for not having any credibility to give financial advice. PewDiePie
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Chervinsky, counsel at Compound, discusses crypto's regulatory issues and growing pains. Source
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