Saylor gets sued, FBI warns about DeFi exploits and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28-Sept. 3
Cointelegraph
Published Sep 03, 2022 04:30PM ET
Updated Sep 03, 2022 04:40PM ET
h4 DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion/h4
/h4 h4 Indonesia plans to set up its crypto bourse by the end of 2022/h4 h4 /h4 h4 Tether requests Roche Freedman to be booted from class action/h4 h4 /h4 h4 Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional/h4 h4 Bitcoin squeeze to $23K still open as crypto market cap holds key support/h4 h4 /h4 h4 FBI issues alert over cybercriminal exploits targeting DeFi/h4 h4 Accomplice of ‘Cryptoqueen’ Ruja Ignatova faces extradition to US: Report
/h4 h4 Sneaky fake Google (NASDAQ:GOOGL) Translate app installs crypto miner on 112,000 PCs/h4 h3 /h3 h3 Billions are spent marketing crypto to sports fans Is it worth it?/h3 h3 Get ready for the feds to start indicting NFT traders/h3 h3 Why interoperability is the key to blockchain technologys mass adoption/h3
Get The News You Want
MicroStrategy co-founder Michael Saylor faces charges of evading United States income taxes he allegedly incurred while living in Washington, DC. The office of the regions attorney general, Karl Racine, has sued Saylor and MicroStrategy on claims that the firm helped Saylor evade over $25 million in DC income tax. The charges, stemming in part from an amendment to DCs False Claims Act encouraging whistleblowers to report tax evasion, mean Saylor could see $75 million in penalties.
h4 /h4 h4 Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report/h4
Crypto.com has decided not to go through with a $495 million sponsorship agreement in response to possible regulatory issues. The sponsorship deal with the Union of European Football Associations (UEFA) would have seen Crypto.com advertised in the UEFA Champions League for five seasons. The crypto exchange was reportedly in sponsorship talks after the Champions League removed Gazprom (MCX:GAZP), an energy company owned by the Russian state, as a sponsor. Crypto.com already has several high-profile advertising efforts under its belt, such as a commercial starring American actor Matt Damon.
/h4 h4 Sneaky fake Google (NASDAQ:GOOGL) Translate app installs crypto miner on 112,000 PCs/h4 h3 /h3 h3 Billions are spent marketing crypto to sports fans Is it worth it?/h3 h3 Get ready for the feds to start indicting NFT traders/h3 h3 Why interoperability is the key to blockchain technologys mass adoption/h3
Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App
Continue Reading on Coin Telegraph
Written By: Cointelegraph
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.