USA | ForkLog - Part 58

ForkLog 27 30.07.2024

US Authorities Transfer 28,000 BTC Seized in Silk Road Case

An address belonging to the US Department of Justice has transferred 28,000 BTC (~$1.87 billion) related to the Silk Road case to an unknown wallet. The transactions were recorded by Arkham Intelligence. Subsequently, 19,800 BTC were sent to one address, and 10,000 BTC to another. “We estimate the latest deposit went to an institutional custodial […]

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ForkLog 62 28.07.2024

Bitcoin Dips to $67,000 Amid Trump’s Bitcoin 2024 Speech

US presidential candidate Donald Trump, during his speech at the annual Bitcoin 2024 conference, pledged to dismiss SEC Chairman Gary Gensler if elected and to establish a strategic bitcoin reserve. The politician also stated that he would not allow the sale of any of the 213,239 BTC worth $14.8 billion, seized by authorities and held […]

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ForkLog 60 24.07.2024

Co-founder of DEBT Box Alleges Brother’s Kidnapping and $400 Million Theft

Jacob Anderson, an executive at the mining company DEBT Box, has alleged the kidnapping of his brother and co-founder, Jason Anderson. This was reported by Fortune. According to available information, in March 2024, Jason Anderson was attending a business meeting in Dubai but was unable to leave the UAE. After interacting with airport staff, he […]

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ForkLog 30 24.07.2024

Mark Cuban Sees Kamala Harris as More Receptive to Cryptocurrency

US Vice President Kamala Harris is likely to be “much more open” to technological innovations and cryptocurrencies than Joe Biden, according to billionaire Mark Cuban in a comment to Politico. He believes the tech industry might find an unexpected ally in Harris, who previously served as a senator and California’s attorney general. “The messages I […]

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ForkLog 46 23.07.2024

Kamala Harris Meme Coin Reaches New Heights

On July 23, the meme token Kamala Horris (KAMA), dedicated to the Democratic Party’s presidential candidate Kamala Harris, surged by 62%, reaching a new price record of $0.02821. According to CoinGecko, the coin’s market capitalization is approximately $27 million. Since its low on June 18, KAMA has risen nearly 4000%, following the withdrawal of current […]

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ForkLog 17 23.07.2024

Robert Kiyosaki Predicts Bitcoin Surge Following Trump’s Victory

Robert Kiyosaki, author of the bestseller “Rich Dad Poor Dad” and entrepreneur, believes that gold, silver, and the leading cryptocurrency will rise following a potential victory by Donald Trump in the U.S. presidential election. Why GOLD, SILVER, BITCOIN will rise in price when TRUMP becomes President again. Trump wants a weaker dollar so America will […]

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ForkLog 20 23.07.2024

Crypto Firms Pin Hopes on a Second Trump Presidency

Bitcoin miners and cryptocurrency companies, previously hindered from going public in the US, stand to benefit from a second term of Donald Trump. This is according to Bloomberg. “Almost everyone in America will benefit if they choose to operate under new rules after their implementation,” says Christian Catalini, founder of the MIT Cryptoeconomics Lab. In […]

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ForkLog 12 22.07.2024

Meme Coins React to Shifts in US Presidential Race

The meme token Kamala Horris (KAMA) surged to an all-time high following US President Joe Biden’s announcement to end his re-election campaign. Vice President Kamala Harris emerged as the main candidate for the Democratic Party. Coins dedicated to her saw a sharp increase in value: KAMA’s price tripled to approximately $0.03. At the time of […]

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ForkLog 14 20.07.2024

Speculation Arises Over Potential US Bitcoin Reserve

Social media is abuzz with speculation about a potential US Bitcoin reserve fund, which presidential candidate Donald Trump is allegedly set to announce at the Bitcoin 2024 conference in Nashville. Simon Dixon, founder of BnkToTheFuture, noted that there is “more and more confirmation that these rumours may be true.” ?? Getting more & more confirmations […]

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ForkLog 24 19.07.2024

Bitzlato Founder to Be Released After Time Served

On July 18th, the U.S. District Court in Brooklyn, New York, sentenced Anatoly Legkodymov, founder of the cryptocurrency exchange platform Bitzlato, to 18 months in prison, crediting him for the equivalent time already spent in detention. This was reported by Bloomberg. Legkodymov was accused of running an unlicensed money transfer business that processed over $700 […]

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ForkLog 9 17.07.2024

US Senator and Bitcoin Critic Convicted of Corruption

Democratic Senator Bob Menendez from New Jersey, who once described the leading cryptocurrency as “the perfect choice for criminals”, has been found guilty of accepting bribes. According to NBC News, the jury agreed on all 16 charges, including bribery, extortion, acting as a foreign agent, obstruction of justice, and various conspiracy counts. Menendez received cash […]

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ForkLog 9 15.07.2024

US Court Delays Trial of Tornado Cash Co-Founder

The Southern District Court of New York has granted a request by the defense of Tornado Cash co-founder Roman Storm to postpone proceedings by three months, as reported by The Block. Lawyers cited “complex and novel legal and factual issues,” “millions of pages of documents,” many of which are in Russian and require translation. The […]

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