📊💰 JUST IN: USA: THE STRATEGIC #BITCOIN RESERVE BILL HA | Professor Mende - Bonuz Ecosystem Founder on Binance Square

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Professor Mende - Bonuz Ecosystem Founder

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📊💰 JUST IN:  USA:  THE STRATEGIC #BITCOIN  RESERVE BILL HAS BEEN OFFICIALLY INTRODUCED 💰📊

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⚖ 86-Year-Old Ordered to Pay $14M After Running Crypto Ponzi An 86-year-old former attorney from California, David Kagel, has been sentenced to five years probation and slapped with nearly $14 million in restitution after confessing to orchestrating a crypto Ponzi scheme. Kagel, who is in hospice care due to severe health issues, will serve out his probation at his Las Vegas seniors facility. If his condition improves and he leaves the facility, he will be required to wear a monitoring device. Kagel, along with two accomplices, lured investors into a fraudulent crypto trading bot scheme, falsely promising guaranteed returns of 20% to 100% within just 30 days. The group managed to pull in $15 million in victim investments between December 2017 and June 2022. Kagel's role was critical, as he used his legal credentials to draft letters on his law firm’s official letterhead, giving the scam a false air of legitimacy. Victims were led to believe they were investing in a genuine crypto trading program that utilized automated bots to generate high returns with no risk. In one case, Kagel claimed to have 1,000 Bitcoin (worth $11 million) held in escrow to reassure investors. He also lied about his prior crypto investments to gain their trust. Kagel's law license has been revoked by the California Supreme Court after failing to respond to disciplinary charges. This isn’t his first legal misstep—his license was also suspended twice in the past, in 1997 and 2012. Drop a follow for more updates! #Scamalert #scam #weareallsatoshinamoto #DoYouHoldBnb #CryptoMarketNews $BTC

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🚀 Crypto Adoption to Hit 8% by 2025 !!! A report from MatrixPort reveals that global cryptocurrency adoption is on track to surpass 8% by 2025, signaling a transformative shift from niche to mainstream finance. With 7.51% of the global population already using digital currencies, crypto's momentum is undeniable. Key drivers for the adoption: - Institutional Interest: Giants like BlackRock are playing a major role, giving digital assets the legitimacy they need within traditional finance. - Economic Uncertainty: Bitcoin's reputation as a store of value shines during turbulent times, like trade wars or recessions. Rising U.S. debt could fuel demand for BTC as a hedge against instability. Markus Thielen from 10x Research underscores this growth, stating that Bitcoin price surges often align with new financial products, such as spot ETFs, which could trigger even more institutional buying. Challenges Ahead: - Regulatory hurdles. - Market volatility. Security concerns for both institutional and retail investors, as scams and hacks remain a - threat. The road to mass adoption might have obstacles, but crypto is quickly integrating into global financial systems. Then their are Social Smart Wallets like Bonuz coming up, which make mass adaption even more easy. Make sure you try Bonuz. Stay informed and prepared with @Professor Mende - Bonuz Ecosystem Founder —the future of finance is here! #Blackrock #CryptoMarketNews #News #Bitcoin #Blockchain $BTC

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🚨 Trump Eyeing Robinhood Exec for SEC Chair Role? As the 2024 U.S. presidential election heats up, Politico reports that former SEC commissioner Dan Gallagher, now Chief Legal Officer at Robinhood, may become a top contender to lead the Securities and Exchange Commission (SEC) if Donald Trump wins. Gallagher, known for his pro-market stance, could be Trump's pick to replace current SEC Chair Gary Gensler, who Trump has vowed to fire "on day one" if elected. From 2011 to 2015, Gallagher served as an SEC commissioner and later took the reins as Robinhood’s legal chief in 2020, making him a prime candidate for Trump's team, according to former SEC insiders. His pro-market and deregulatory approach aligns with Trump’s business-forward agenda. What About Gensler? Gensler, who has faced backlash for his tough stance on crypto regulation, would likely be replaced if Trump wins. On the other side, Kamala Harris—Trump’s potential opponent—hasn't confirmed whether she would keep Gensler if elected. However, she has signaled a pro-crypto shift, promising support for digital assets in 2025. Other Names in the Mix: Former regulators have also suggested names like Chris Giancarlo, former CFTC chair, and Hester Peirce, a pro-crypto SEC commissioner known for her dissenting views on crypto crackdowns. Both could be part of a Trump-led SEC team that takes a more hands-off approach to the digital asset space. Pro-Crypto Cabinet? Interestingly, Trump has floated tech giants like Elon Musk as potential cabinet members, hinting at a pro-crypto direction if re-elected. While rumors of JPMorgan’s Jamie Dimon or BlackRock’s Larry Fink for Treasury Secretary were shot down by Trump, the inclusion of Musk would signal a potential tech-friendly administration. Could a Trump administration embrace a more pro-crypto stance? Time will tell. #Crypto #SEC #Election2024 #Trump #Robinhood $BTC

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🚨 Peter Todd is NOT Satoshi Nakamoto - HBO Update In a dramatic twist, HBO's documentary Money Electric: The Bitcoin Mystery concluded by identifying Peter Todd, a Bitcoin core developer, as the enigmatic creator of Bitcoin, Satoshi Nakamoto. The documentary, produced by Cullen Hobak, wrapped up with Todd responding to a direct question about being Nakamoto by saying, "Well yeah, I'm Satoshi Nakamoto." However, this declaration was more tongue-in-cheek than a definitive revelation. Todd has repeatedly denied being Satoshi, both before and after the documentary aired. His social media response to the claims was crystal clear: “I am not Satoshi.” Hobak built his case around Todd’s past statements and cryptic chat logs, including a comment Todd made about being “the world’s leading expert on how to sacrifice your Bitcoins.” This was interpreted as evidence that Todd had potentially locked away or destroyed the access to 1.1 million BTC—the vast fortune believed to be Nakamoto’s. But those who know Todd see this as yet another instance of his dry humor and commitment to defending Satoshi’s right to privacy. Why Was Todd Targeted? Hobak’s reasoning focused on Todd’s deep involvement in Bitcoin’s development and his claim to have been knowledgeable about Bitcoin from its early days. Todd has joked before about the Satoshi identity, famously saying in 2019, "I am Satoshi, as is everyone else." The theory that Bitcoin’s creator could be a young coder who used a pseudonym to be taken more seriously in the cryptography world also aligns with Todd's own narrative of why Satoshi might stay anonymous. Ultimately, Todd’s response says it all: “I am not Satoshi.” The mystery continues. Follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #WeAreAllSatoshiNakamoto #HBODocumentarySatoshiRevealed🤑🤑 #Debate2024 #hbo #PeterTodd否认自己是中本聪 $BTC

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📉 Governments Urged to ATTACK BLOCKCHAINS: Crypto at Risk? An academic paper published in the Journal of Cybersecurity has sparked intense debate by suggesting that governments may need to actively disrupt public blockchains—particularly privacy-focused cryptocurrencies like Monero. This comes as regulators increasingly focus on money laundering concerns in the crypto space. Tactics to Undermine Trust: The author proposes methods like 51% attacks, price manipulation, and Sybil attacks to compromise public blockchains. These strategies, while extreme, aim to destabilize trust in networks like Monero that are designed for privacy. The paper argues that these tactics should be used only as a last resort after measures like wallet blacklisting, transaction monitoring, and sanctions have been tried. The Goal: Governments may view attacking public blockchains as a way to maintain control and ensure regulatory compliance, especially under anti-money laundering (AML) laws. However, the paper stresses the importance of balancing innovation with user privacy—a key value of decentralized finance (DeFi) and blockchain communities. Recent Developments with Monero: The paper’s theories have resurfaced amid Monero’s recent struggles. Crypto exchange Kraken delisted Monero in the European Economic Area, citing compliance with EU regulations. Some theorists suspect price manipulation or suppression may be at play to weaken privacy coins. Critics argue that money laundering concerns are overblown. A 2024 US Treasury report admitted that criminals still overwhelmingly prefer cash to crypto, and even when they use digital assets, they commit crimes that fiat currency could also enable. This raises the question: Is the crackdown on privacy-enhancing tools like crypto mixers really about AML, or is it about government control over financial privacy? With that being said...get ready for the NWO! - @Professor Mende - Bonuz Ecosystem Founder out! #Blockchain #AML #Security #Decentralization #Freedom

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