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Showing posts with the label court

Ben Armstrong aka Bitboy ends daily crypto live stream, cites $25k weekly expense

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Ben Armstrong, known in the crypto currency world as Bitboy, has announced the cessation of his daily live stream . Armstrong’s decision comes amid a flurry of personal and legal challenges, including a significant financial strain due to the production costs of his shows and mounting legal expenses. In an emotional video on his YouTube channel, Armstrong revealed that his daily crypto trend shows cost $25,000 a week to produce, making them financially unsustainable. He also mentioned that his legal expenses amount to approximately $100,000 monthly. The influencer, who once commanded a large following for his crypto insights and predictions, finds himself at a crossroads, grappling with the fallout from various controversies and legal battles. “Lawyers are attacking me from every direction, and currently, everyone I know is targeting me,” Armstrong said in the 10-minute video, which had attracted 18,000 views by late Jan. 31, sharing that they’re barel...

Breaking: Montenegro court approves Do Kwon’s extradition

The court in Podgorica made a positive decision in the extradition case of Terraform Labs founder Do Kwon. According to the document, the requests of both the South Korean and US authorities were satisfied. The final decision on where to extradite Kwon will be made by the country’s Minister of Justice. Extradition is likely to occur after the Terraform Labs chief serves a four-month prison sentence for document forgery after he was found to be travelling with a fake passport. The story will be updated Follow Us on Google News Source: https://thebittimes.com/breaking-montenegro-court-approves-do-kwon-s-extradition-tbt71466.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category: Cryptocurrency News Post by: TheBitTimes.com

XRP trading volume skyrockets amid favorable court decision

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News of a favorable XRP ruling in its legal battle against the US SEC has sent the token’s trading volumes jumping by more than 1,300%.  The ruling sparked a surge in XRP’s price, with the digital asset reaching a high of $0.93, the highest value seen since May 2021. Data compiled by CCData, a prominent crypto research company, revealed a significant influx of trading activity following Judge Analisa Torres’ ruling. XRP trading activity | Source: CCData CCData’s research showed XRP trading pairs on centralized exchanges experienced a total volume of $6.05 billion on the day of the ruling, representing an increase of 1351% compared to the previous day. The soaring trading volume s can be attributed to the enthusiastic price rally and the major crypto exchanges that embraced XRP trading after the partially favorable court decision . You might also like: Crypto exchanges relist XRP amid Ripple’s partial victory in US Additional data from CoinGecko corroborating CCData’...