ep 10 The Dual Faces of Digital Currency: From Santa Monica Man's Laundering Scandal to the Rise of Crypto Millionaires

ep 10 The Dual Faces of Digital Currency: From Santa Monica Man's Laundering Scandal to the Rise of Crypto Millionaires

A new report by Henley & Partners reveals that there are now 88,200 millionaires in the world who have earned their fortunes through cryptocurrency. This represents a significant increase from the 48,000 crypto millionaires in 2021.


The report, which was conducted in partnership with the Crypto Valley Association, found that the majority of these crypto millionaires (40,500) owe their wealth to bitcoin. Ethereum is the second most popular cryptocurrency among crypto millionaires, with 19,500 millionaires holding ETH.


Meanwhile,


A Santa Monica man has agreed to plead guilty to using his cryptocurrency cash exchange business to launder millions of dollars in criminal proceeds, federal prosecutors announced Tuesday.


Charles Randol, 33, will plead guilty to failure to maintain an effective anti-money laundering program, a crime that carries a sentence of up to five years in federal prison.

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Ep 19 Crypto Surprises: North Korea's Shift, FTX's Turbulence, and LatAm's Rising Stars

Ep 19 Crypto Surprises: North Korea's Shift, FTX's Turbulence, and LatAm's Rising Stars

North Korean Crypto Hacks: There's been an 80% drop in cryptocurrency thefts by North Korean hackers, from $1.65 billion in 2022 to $340.4 million in 2023. However, the threat persists, with a single ...

15 Syys 202310min

EP 18 Ripple's Shocking SEC Battle, MetaMask's Game-Changer, Market Meltdown & Spotlight on Cardano's BIG Secret!

EP 18 Ripple's Shocking SEC Battle, MetaMask's Game-Changer, Market Meltdown & Spotlight on Cardano's BIG Secret!

U.S.-based cryptocurrency company Ripple said on Tuesday that it plans to fight the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) "all the way through." The lawsuit, which was...

14 Syys 20238min

EP 17 CoinEx Loses $31 Million, Fake Trades Flood Decentralized Exchanges, AND PayPal's BIG Move in US Crypto Space – Find Out More!

EP 17 CoinEx Loses $31 Million, Fake Trades Flood Decentralized Exchanges, AND PayPal's BIG Move in US Crypto Space – Find Out More!

PayPal's New MetaMask Move: PayPal, the renowned payment platform, has unveiled a new feature that empowers US users to liquidate cryptocurrencies through the MetaMask wallet. This move simplifies the...

13 Syys 20238min

EP 16 Exposed: How a Simple Click Cost People MILLIONS in Crypto Scams! Don't Be Next!

EP 16 Exposed: How a Simple Click Cost People MILLIONS in Crypto Scams! Don't Be Next!

Today, we're going to talk about a recent phishing attack on social media that resulted in the theft of over $691,000. The attack was carried out through a malicious link that was posted on the Twitte...

12 Syys 20235min

EP 15 Shocking Revelations in Crypto World: CEO's Historic Sentence, Kenya's Rising Fears & a Tornado Cash Scandal You Won't Believe!

EP 15 Shocking Revelations in Crypto World: CEO's Historic Sentence, Kenya's Rising Fears & a Tornado Cash Scandal You Won't Believe!

In a verdict that has sent shockwaves across the global financial landscape, Faruk Fatih Ozer, the once-celebrated boss behind the Thodex cryptocurrency exchange, has been handed an astonishing senten...

11 Syys 20236min

ep 14 Weibo's Crypto Crackdown to US Treasury & IRS Weighs In and Google Looker Studio's Unintended Use

ep 14 Weibo's Crypto Crackdown to US Treasury & IRS Weighs In and Google Looker Studio's Unintended Use

The popular Chinese social media platform, Weibo, has made a notable move. South China Morning Post reported that Weibo has banished 80 prominent crypto influencers. For context, Weibo is akin to Chin...

8 Syys 20236min

ep 13 Cryptocurrency Heist and Spotify Money Laundering Allegations

ep 13 Cryptocurrency Heist and Spotify Money Laundering Allegations

Major Cryptocurrency Heist at Stake.com: Stake.com, a leading online cryptocurrency casino, witnessed one of this year's most substantial heists on September 4th, losing a whopping $41.3 million. T...

7 Syys 20234min

ep 12 Visa Embraces Solana's USDC Payments, Ripple Fends Off SEC Appeal, and Historic Bitcoin ETF Rulings Emerge

ep 12 Visa Embraces Solana's USDC Payments, Ripple Fends Off SEC Appeal, and Historic Bitcoin ETF Rulings Emerge

Visa Embraces Solana's USDC Payments, Ripple Fends Off SEC Appeal, and Historic Bitcoin ETF Rulings Emerge

6 Syys 20237min