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The company, which uses renewable electricity to mine bitcoin (BTC), also raised $26 million in fresh capital from Sandton Capital Partners, which it intends to use to fund an "aggressive expansion" into North America, according to an announcement shared with CryptoX on Tuesday. That's on top of the $28 million
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Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s
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The North American Securities Administrators Association and the U.S. Securities Exchange Commission already announced in January that a settlement had been reached. Source
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Rep. Warren Davidson (R-Ohio) says the agency is “not getting the job done,” and it's up to Congress to “craft a policy” that makes it clear who is in charge of regulating specific areas of crypto. Source
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In addition to ordering Giri to cease all activities related to the fraud, the CFTC wants him to disgorge or give up any monetary benefits "directly or indirectly" attached to the violation of regulations, including and not limited to salaries, commissions, loans, fees, revenues, and any trading profits. Source
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JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out crypto-friendly candidates.The Guardian reported that Vance may have been pushed to victory on Tuesday by a last-minute endorsement
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85 megawatts crypto mining center in Ohio.As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility.As
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An Ohio man will be getting 20 years in prison for carrying out a cryptocurrency scam. Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison. According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last
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The man behind a multi-million dollar cryptocurrency scam has pleaded guilty to fraud this week according to the U.S. Department of Justice.Ohio man Michael Ackerman could face up to 20 years inside following the guilty plea for defrauding investors in a crypto scam he orchestrated in 2017. The too good
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