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Esteban Cabrera Da Corte in April pleaded guilty to participating in the 2020 scheme to steal millions of dollars worth of crypto and trick U.S. banks into refunding them. The 27-year-old Miami resident was also ordered to pay restitution of nearly $3.6 million and forfeiture of $1.2 million. Source
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Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last November.In an over 180 page Aug. 31 court filing, FTX’s financial advisors laid out a detailed list of high-profile
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Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign.In an Aug. 29 announcement on X (formerly Twitter), Suarez said that while running for U.S. president had been “one of the greatest honors
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"Officially, my campaign is accepting bitcoin," Suarez said. "This is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by a human being's ulterior motives, political goals, etc." he said. Source
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Professional basketball player and Miami Heat's Jimmy Butler has asked to be dismissed from a class action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared in did not promote the named securities.In a July 24 filing, Butler’s lawyers argued three tweets
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Among the more memorable displays at Bitcoin 2023 is a real-life toilet with the logos of various non-Bitcoin cryptocurrencies. It’s an ad for a booth selling “buttwipes” that are “moistened with the tears of no-coiners.” The marketing message
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While the Bitcoin community may support the Miami Mayor and cast their vote for him, his acknowledgment about not voting for Trump in the 2016 or 2020 elections could affect their decision. The Mayor of Miami and Bitcoin advocate Francis Suarez has signaled his intention to run for the US presidential
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Suarez, who touted bitcoin's "democratizing impact on the future of wealth for every American" in a 2021 interview with CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday
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A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.” Moderated by David Zell, co-founder of the Bitcoin Policy Institute, the panel featured Perianne
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Organizers of the conference, Bitcoin 2023, call it the “world’s largest Bitcoin gathering,” starting Thursday and ending with an exclusive afterparty on Saturday night. A general admission ticket costs $999 and an “Industry Pass” with exclusive access to the “Official Networking App” goes for $2,299. Source
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