Silk Road Marketplace Senior Adviser Pleads Guilty in US Federal Court

Silk Road Marketplace Senior Adviser Pleads Guilty in US Federal Court

The senior adviser to Silk Road operator Ross Ulbricht had pled guilty to one count of conspiracy to distribute narcotics in a Manhattan Federal Court. A senior adviser to the operator of the Silk Road dark web marketplace has pled guilty to one count of conspiracy to distribute narcotics in a Manhattan federal court. According to a United States Department of Justice press release dated Jan. 30, Roger Thomas Clark was a key figure…

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US Presidential Candidate Andrew Yang Talks Crypto Ahead of Iowa Caucuses

US Presidential Candidate Andrew Yang Talks Crypto Ahead of Iowa Caucuses

United States presidential candidate Andrew Yang talked about cryptocurrency regulations during a recent interview. United States Democratic presidential candidate Andrew Yang talked about cryptocurrency regulations ahead of the upcoming caucuses in the state of Iowa. During an interview with Bloomberg Politics on Jan. 29, Yang said that there needs to be a uniform set of rules and guidelines when it comes to the use of crypto assets:“Right now we’re stuck with this hodgepodge of state-by-state…

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US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year

US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year

Bitcoin figures continue to highlight the dangers of U.S. economic policy as debt hits record highs of $23 trillion and dollars keep getting printed. The average budget deficit of the United States will “never” be less than $1 trillion per year in the future — or 4.5% of GDP, worrying data on the fiat economy shows. Compiled by the U.S. Congressional Budget Office (CBO) and shared by crypto hedge fund manager Travis Kling on Jan….

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New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

The U.S. state of New Hampshire fails to pass its second bill to accept crypto for tax payments due to the high volatility of Bitcoin. Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes. On Jan. 8, the New Hampshire House of Representatives announced a decision to retract the bill, following a motion from the General Court’s Executive Departments and…

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US SEC Charges Convict and Associates for $30M Fraudulent ICO

US SEC Charges Convict and Associates for $30M Fraudulent ICO

The U.S. SEC has charged Boaz Manor and his associates with raising over $30 million through a fraudulent initial coin offering. The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, with violating the antifraud…

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