Martin Shkreli argumentiert, dass Teile des Wu-Tang Clans ebenfalls Eigentumsrechte an dem Album besitzen, das Gegenstand des Verfahrens ist, weshalb diese in den Streit einbezogen müssten.
Russia confiscates $10M Bitcoin from former law enforcement official
- Russia seizes 2,718 Bitcoin worth $10M from ex-ICRF official.
- The ex-official was involved in what has been termed the largest bribery case in Russia.
- The confiscated bitcoins will be added to the state revenue.
Russian authorities have seized approximately $10 million worth of Bitcoin from Marat Tambiev, a former employee of the Investigative Committee of the Russian Federation (ICRF).
The seizure, reported by the local news agency TASS, involved the confiscation of 103 Bitcoin, stored in a Ledger Nano X hardware wallet, marking a significant moment in Russia’s handling of digital assets in legal contexts.
The largest bribery scandal in Russian history
Tambiev’s conviction stems from what has been described as the largest bribery scandal in Russian history, involving a staggering 2,718 BTC bribe, which was valued at around $258 million at the time of sentencing.
The Nikulinsky District Court of Moscow had previously ordered the seizure of 1,032 BTC from Tambiev in 2023, citing the assets as derived from unconfirmed income.
The case against Tambiev came to light after his arrest in March 2022, where investigators discovered the private keys to his Bitcoin wallet in a folder named “Retirement” on his laptop.
The source of the bribe was traced back to the Infraud Organization, a notorious hacker group. Members from Kazakhstan and Estonia allegedly bribed Tambiev in exchange for favourable judicial decisions, including efforts to halt their own criminal prosecutions and hide assets worth over $138 million in cryptocurrency.
This case not only showcases the scale of corruption within certain sectors of Russian governance but also reflects the country’s evolving stance on cryptocurrency.
The confiscated Bitcoin to be integrated into Russia’s state revenue
As part of the legal proceedings, the confiscated Bitcoin will now be integrated into Russia’s state revenue, a move that signals how the nation is dealing with digital currencies in official capacities.
This development comes as Russia is increasingly considering cryptocurrencies for international trade, especially as a means to circumvent Western sanctions.
The finance minister has indicated openness to using Bitcoin in foreign trade, showcasing a potentially dual approach to crypto — one of regulation and integration, alongside stringent action against its misuse in criminal activities.
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Rep. Senator Cynthia Lummis selected to chair crypto subcommittee
- Republican Wyoming Senator Cynthia Lummis has been picked to chair the crypto subcommittee
- Lummis, a crypto advocate, filed the Bitcoin Act of 2024 bill last month
- Other Republican members of the crypto subcommittee include Senators Bernie Moreno from Ohio, Dave McCormick from Pennsylvania, Thom Tillis from North Carolina and Bill Hagerty from Tennessee
The US Senate Banking Committee is preparing to create its first-ever crypto subcommittee with Republican Wyoming Senator Cynthia Lummis set to chair it.
South Carolina Senator Tim Scott, the chair of the Senate Banking Committee, has prioritized creating the crypto subcommittee, and is aiming to copy the success of the House Financial Services Committee. Established by former North Carolina Congressman Patrick McHenry, the House Financial Services Committee introduced a crypto subcommittee in 2023.
Crypto-friendly Republican French Hill, who was voted in last year to chair the House Financial Services Committee, announced yesterday that Republican Bryan Steil is to lead the digital assets subcommittee.
Scott has, reportedly, picked Lummis – a crypto advocate – to chair the crypto subcommittee. This was first reported by Punchbowl News and later confirmed by FOX News. A vote is expected to take place in the next few days.
In July, Lummis filed legislation for a Bitcoin Act of 2024 bill, proposing a Bitcoin strategic reserve for the US.
An internal memo seen by FOX News shows that Republican members of the crypto subcommittee include Ohio Senator Bernie Moreno, Pennsylvania Senator Dave McCormick, Senator Thom Tillis from North Carolina and Senator Bill Hagerty from Tennessee.
It’s not known which Democratic Senators will join the crypto subcommittee; however, Massachusetts Senator Elizabeth Warren, known for being anti-crypto, is the top Democrat on the Senate Banking Committee.
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Dogecoin price could hit $10 if it repeats its 2021 run, so why are traders focused on this $0.175 DOGE alternative?
Dogecoin’s price increased by over 200% this year, offering investors noteworthy rewards. Still, 2025 holds even better opportunities since history seems to be preparing to repeat itself. Dogecoin’s price is now creating a pattern similar to its mega rallies in 2017 and 2021. According to a number of experts, this may spark a massive rally for DOGE, possibly bigger than in past years. Eventually, DOGE could even reach $10, according to these analysts.
But although DOGE may perform well in 2025, traders are now eyeing a Dogecoin alternative that’s currently priced at just $0.17.
Dogecoin (DOGE): A Repeat of Historical Patterns?
Dogecoin has dropped 26% on the monthly chart. However, historical patterns suggest that DOGE could rally to $10, replicating its 2021 bull run. This prediction is based on past parabolic growth patterns, which several analysts have highlighted.
DOGE jumped 212% in 2017, fell 40%, and then shot up by 5,000%. In 2021, it also jumped 476%, dropped 56%, and then surged an incredible 12,000%. In 2024, Dogecoin climbed 440% before retracing 46%, aligning with previous cycles. If history repeats, the next rally could see DOGE climb to between $5 and $20, potentially marking a 20,000% gain at the higher end of that projection.
Current support levels are at $0.20–$0.30, while resistance near $0.75 mirrors its 2021 peak. The anticipated timeline sees a potential price dip through April 15, followed by an aggressive rally starting May 5 and peaking mid-August. Analysts also predict a cycle peak between February and May 2025, tied to Bitcoin’s first top.
Year four in Dogecoin’s cycle often marks defining moments, with significant milestones driven by mainstream adoption and technological growth. Many traders are looking forward to 2025, the year Dogecoin might reach unheard-of heights, possibly approaching $10 as adoption increases and the ecosystem grows.
The Rise of Dogecoin and Its Challenges
Celebrity endorsements and community excitement drove most of Dogecoin’s explosive climb in 2021. However, despite forecasts that it would hit $10, DOGE’s lack of practical value worries traders. Dogecoin is now creating similar trends from 2017 and 2021. This hints at a possible rally soon. Experts even believe the rally might be more than that of 2021, setting a new all-time high of $10. Dogecoin remains a speculative asset with no significant use cases beyond community-driven projects. Because of this limitation, traders are exploring alternatives with stronger fundamentals, such as Rexas Finance (RXS).
Why Rexas Finance Stands Out
Rexas Finance is a more exciting option for traders seeking high returns and long-term viability. Unlike Dogecoin, which thrives on hype, Rexas Finance offers real utility through real-world asset (RWA) tokenization. Rexas Finance transforms traditional assets like real estate and commodities into blockchain-based tokens. This process democratizes investment access, enhances liquidity, and reduces transaction costs. Its use case extends into providing technological solutions for investors. The Rexas Token Builder, its flagship product, allows investors to create tokens, while the QuickMint Bot makes it easy to create tokens straight from your smartphone. The Rexas Estate is a platform for real estate investment, both fractional and whole. The Rexas AI Shield provides robust security for smart contracts.
Unprecedented Growth and Momentum
The Rexas Finance presale has gained traction, selling ten stages within four months. At stage eleven, the RXS price has risen to $0.175, a significant 483% increase from the initial $0.03. So far, Rexas Finance has attracted a large crowd of investors, leading to the quick sales of 391 million tokens, raising $35 million.
Rexas Finance is listed on CoinMarketCap and CoinGecko and has completed its Certik Audit. The next milestone is its token launch, which is planned for high-profile exchanges. This token listing will expose RXS to a broader audience and provide liquidity. While Dogecoin’s potential rally remains speculative, Rexas Finance offers a clear path to growth through its groundbreaking RWA tokenization. Rexas Finance leverages the problems in traditional finance to create new opportunities in the lucrative RWA market. This allows it to benefit from the trillion-dollar market and deliver explosive returns. It boasts not only high profit but also long-term sustainability.
RXS to $18: Delivering Greater Returns in 2025
Rexas Finance is set to create wealth in 2025, with analysts predicting a remarkable rally. The presale success and projected exchange listings set the stage for RXS to surpass expectations, with analysts suggesting a potential price of $18 by 2025. This drives more returns on investment than DOGE, making it a more attractive option.
Rexas Finance is currently hosting a giveaway with twenty lucky winners, each receiving $50,000 worth of RXS. This has helped build a stronger community and reward investors. As the token listing draws near, Rexas Finance presents a lucrative opportunity for investors, especially at its current price of $0.175. Investors can invest at a low cost for the possibility of a remarkable profit.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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UK judge says there’s no “reasonable grounds” for success with Bitcoin landfill hard drive case
- Upon hearing the judge’s decision, Howells said “it’s the great British justice system striking again”
- Howells lost his hard drive in 2013 when it was accidentally thrown away at the tip
- He has been trying to engage with Newport City Council for 12 years to recover his hard drive, but says he’s been “largely ignored”
James Howells has lost his case to recover a lost Bitcoin hard drive from a Welsh landfill that’s now worth around $740 million.
Howells accidentally threw out his hard drive containing 8,000 Bitcoin in 2013 during a household clearout. At the time, he had two hard drives of the same size: one was blank while the other contained his Bitcoin.
He mistakenly put the one containing the Bitcoin into a black bin bag, which his then-girlfriend took to the tip. At the time of his loss, his assets – that he mined in 2009 – were worth around $1.3 million.
In October, Howells sued Newport City Council for $646 million in damages after being denied access to the landfill due to environmental concerns.
Now, Judge Keyser KC, the Circuit Commercial Judge for Wales, has dismissed Howells’ case, stating that there are no “reasonable grounds” for succeeding at a full trial, reports the BBC.
A 12-year battle
Upon hearing the decision, Howells said he was “very upset,” adding “it’s the great British justice system striking again.”
Over the past 12 years, Howells said he has been trying to engage with Newport City Council to recover his lost hard drive, but has been “largely ignored.”
A court filing states Howells hard drive is located in Cell 2, Area 2 of the Docksway landfill. Yet, despite promises to safely excavate the Newport site and to modernize the landfill, the council have rejected Howells’ requests to dig due to “environmental concerns.”
Howells’ lawyers claim that the council have “simply ignored” that 10% of Bitcoin could bring “a huge and desperately needed investment in the local community.”
The judge’s decision comes as Bitcoin soared past $100,000 for the first time at the beginning of December, pushing to an all-time high of more than $108,000.
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