Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison

Firoz Patel, Payza’s founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds.
The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews. …

SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application

The SEC officially acknowledges Grayscale’s Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF’s approval process could shape the future of Solana investments.
The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews. …

1.24 Trillion SHIB On the Move – Will This Trigger a Price Reversal?

Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.co/PxsHyZ8BcD — Whale Alert (@whale_alert) February 5, 2025 Transfers from exchanges to private wallets are often seen as […]
The post 1.24 Trillion SHIB On the Move – Will This Trigger a Price Reversal? appeared first on Cryptonews. …

$1 Billion USDT Gets Minted on TRON – Will TRX Hit $1?

Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether’s commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON’s DeFi ecosystem. Tether’s strategic expansion on TRON On Wednesday, on-chain data analysis by X account […]
The post $1 Billion USDT Gets Minted on TRON – Will TRX Hit $1? appeared first on Cryptonews. …