South Korea is taking proactive measures to address the surge in crypto-related crimes and fraud cases by considering the elevation of its Joint Virtual Asset Crime Investigation Unit to an official department. The Ministry of Justice and Ministry of the Interior and Security are poised to commence discussions in early May regarding this transition. Currently The post South Korea Announces Crackdown On Crypto Crimes With Investigative Unit appeared first on CoinGape .
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TON Outperforms Bitcoin By 118%: What’s Driving The Network?
TON has outperformed Bitcoin (BTC) and other crypto assets this year following positive developments from the network and surging on-chain transactions. A new report by on-chain analytics firm CryptoQuant shows a high-flying performance of TON as its performers soar to year-to-date (YTD) highs. $TON is among the best-performing layer 1 blockchains in 2024 “Since the The post TON Outperforms Bitcoin By 118%: What’s Driving The Network? appeared first on CoinGape .
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What Will Be My Portfolio If GameStop (GME) Hits $1
GameStop (GME) memecoin experienced a 1800% surge in its value to its all-time high today. This increase was driven by the return of Keith Gill, also known as TheRoaringKitty, to social media after a three-year absence. The trading frenzy was sparked by his latest tweet, which featured a meme and resulted in GME’s stock price The post What Will Be My Portfolio If GameStop (GME) Hits $1 appeared first on CoinGape .
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Fundstrat’s Tom Lee Tips Bullish Drive For Stocks
Tom Lee, the co-founder and Head of Research at Fundstrat has projected bullish sentiment in the stock market. In a May 14 appearance on CNBC’s Closing Bell, the financial analyst noted that it’s time to get bullish behind the stocks following short-term highs in the market. "I think it's time to get bullish," says @fundstrat. The post Fundstrat’s Tom Lee Tips Bullish Drive For Stocks appeared first on CoinGape .
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North Korea Accused of Laundering $147.5M in Crypto via Tornado Cash
A report from United Nations sanctions monitors reveals that North Korea allegedly laundered $147.5 million stolen from a cryptocurrency exchange through the Tornado Cash platform in March. This laundering activity is just another case of the international community being worried about the use of cryptocurrencies to evade the global sanctions. North Korea’s Involvement with Tornado The post North Korea Accused of Laundering $147.5M in Crypto via Tornado Cash appeared first on CoinGape .
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Stacks Foundation Joins Uphold To Drive Bitcoin Adoption
The Stacks Foundation, a leading blockchain platform, has just announced a new partnership with Uphold, the multi-asset money platform, aimed at boosting the mainstream Bitcoin (BTC) adoption, according to the The post Stacks Foundation Joins Uphold To Drive Bitcoin Adoption appeared first on BitcoinWorld .
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Vanguard CIO Issues Important Warning On Speculative GameStop Bets
Vanguard CIO Gregory Davis has cautioned against excessively risky bets associated with GameStop. As a top executive for one of the largest asset managers in the world, Davis noted that he has “seen this movie already.” GameStop Rally Has an End According to the Vanguard Executive, the GameStop movie will play out with the stock The post Vanguard CIO Issues Important Warning On Speculative GameStop Bets appeared first on CoinGape .
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Sullivan & Cromwell Denies Complicity in FTX Fraud, Seeks Lawsuit Dismissal
Sullivan & Cromwell has rejected claims that it was complicit in a billion-dollar fraud involving the failed crypto exchange FTX. The law firm has asked a federal judge to dismiss the lawsuit brought by FTX investors, labeling it as “innuendo masquerading as facts.” Sullivan & Cromwell Denies FTX Fraud Lawsuit In a recent court filing, The post Sullivan & Cromwell Denies Complicity in FTX Fraud, Seeks Lawsuit Dismissal appeared first on CoinGape .
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