Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jun / 06
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- Chinese Student’s Crypto Fraud Sentencing Sparks Legal Debate
- Jun 06, 2024 at 04:25 pm TheNewsCrypto
- Yang Qichao, a Chinese college student, has been convicted of cryptocurrency fraud, sparking legal debate. Qichao created the BFF virtual currency token, which he allegedly withdrew liquidity from, causing an investor to lose funds. Qichao's defense has cited a regulatory law that deems token issuance illegal but fails to explicitly define it. The defense also argues that BFF coins existed prior to Qichao's issuance and that the investor profited from trading. The case highlights the need for clear cryptocurrency regulations in China to address legal uncertainties and prevent future disputes.
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May / 22
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- Former FTX Exec. Ryan Salame To Face 7 Yrs Sentencing, Here’s All
- May 22, 2024 at 03:49 pm Coingape News Media
- Former FTX executive Ryan Salame faces a potential prison sentence of up to seven years, as prosecutors seek severe punishment for his role in unlicensed money transmission and campaign finance violations. Salame's lawyers advocate for a lighter sentence of 18 months, citing his cooperation with authorities and personal circumstances. Notably, Salame's case marks the first sentencing of a high-ranking FTX executive since founder Sam Bankman-Fried received a 25-year prison term earlier this year.
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