#Binance has assisted US law #enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime.

#SmartViewAi

#PushpendraSingh

#PushpendraSinghDigital

An Enforcement Directorate (ED) operation has led officials to cryptocurrency worth Rs 9 crore in a 
wallet but they are not sure if they can retrieve the money.

The wallet is controlled by Dubai-based entrepreneur-investor Vinod Khute, who allows its operation only thrice a month when the wallet owner can sell crypto on the provided platform and can get money transferred into his account.

The amount was lying in one of the wallets ED traced during a search on the premises of a suspect in Pune, along with its access code.

#india #enforcement #ed #cryptocurrency #cryptoonindia

Ripple’s Fight with the SEC and Future U.S. Crypto Rules? ⚔️

Ripple's clash with the #SEC and forecasts about U.S. crypto regulations in 2024 mark a pivotal moment.

Stuart Alderoty, Ripple's legal officer, anticipates the lawsuit's resolution, cautioning against the SEC's 'regulation by #enforcement .' He predicts judicial intervention, foreseeing a potential Supreme Court showdown.

Alderoty also expects U.S. lawmakers to agree on regulations but warns of implementation deadlock. This uncertainty could hamper U.S. crypto firms while other countries progress.

Despite legal wins for Ripple, #debates persist about XRP's status, hindering its U.S. growth. The outcome of this legal battle and impending regulations will shape the crypto landscape ahead.

#Binance
#crypto2023