Free Talk Live Co-Host Ian Freeman Sentenced to 8 Years for Running Unlicensed Bitcoin Business
A Keene resident, Ian Freeman, who is a co-host of Free Talk Live and a libertarian activist, has been given an eight-year prison sentence for operating a bitcoin business without a license. He was convicted of unlicensed money transmission, money laundering, and tax evasion in December 2022. His colleague, Mark Edge, has stated that they plan to appeal the verdict.
Ripple Gains a Victory as Judge Torres Rejects SEC’s Interlocutory Appeal
US District Judge Analisa Torres has rejected the Securities and Exchange Commission’s (SEC) interlocutory appeal in the lawsuit against Ripple. The judge stated that the SEC failed to adequately explain why her previous decision was flawed. A trial date has been set for April 2024 to address the remaining issues in the case.
‘Verified Satoshi’ Handle on X Triggers Debate Among Bitcoin Circles, Elon Musk Called to Act
An account with the username “@satoshi” on the social media platform X (formerly Twitter) has caused controversy within the Bitcoin community. The account, which is verified with a checkmark, has led some influencers to call on Elon Musk to remove its verification status. There are suggestions that the account may be associated with Craig Wright, an Australian figure claiming to be Satoshi Nakamoto.
SEC and 5 Other US Regulators Issue Crypto Investment Warnings
The US Securities and Exchange Commission (SEC) and several other financial regulators have issued warnings about investing in cryptocurrencies during this year’s World Investor Week. They emphasize that individual investors participating in crypto transactions, including crypto asset securities, face significant risks of financial loss.
Hot Take: The Latest News in the World of Bitcoin
Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for running an unlicensed bitcoin business. Ripple has gained a victory as a judge rejects the SEC’s appeal in the ongoing lawsuit. A verified “Satoshi” account on social media site X sparks debate, with calls for Elon Musk to take action. Additionally, the SEC and other regulators issue warnings about investing in cryptocurrencies. Stay informed about the latest developments in the world of Bitcoin.
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