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"Ripple’s Post-IPO Valuation Unveiled"

The Crypto Basic

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#XRP community commentators, including top U.S. attorney John Deaton, discuss the potential valuation for Ripple following its IPO. 

Read more on: https://thecryptobasic.com/2025/01/09/here-is-ripple-potential-valuation-after-ipo/
#CryptoNewss 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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A federal grand jury for the Eastern District of Washington has charged Francier Obando Pinillo, a 51-year-old pastor, with 26 counts of fraud relating to a crypto scam. Vanessa Ruth Waldref, a U.S. attorney for the Eastern District, first disclosed the development last year, announcing that the federal grand jury had returned its indictment against Pinillo. Afterward, the authorities arraigned the pastor at a federal court in Washington yesterday. Indictment Against Pastor Pinillo Notably, the indictment accused Pinillio of orchestrating a crypto-related scam for two years, from November 2021 to October 2023. Pinillio allegedly defrauded his church members of millions of dollars during this period. According to a press release, Pinillo, pastor of a Spanish-language church, Ministerio Apostolico Profetico Tiempos de Poder, lured his congregation into a crypto investment platform dubbed Solano Fi. At the time, he claimed he received the investment idea in a divine dream while assuring investors about its safety. In addition to his church members, the pastor recruited more investors to the platform through social media, including Facebook and Telegram. Specifically, his Telegram group alone had more than 1,500 members. #CryptoNewsCommunity

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"Bitcoin's Path to $135K Hidden Behind a Bear Trap: Brandt Reveals Key Insights"

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Standard Chartered Bank has established a new Luxembourg entity that provides crypto and #Bitcoin custody services across the European Union (EU). This move serves as a regulatory entry point into the EU market. It aligns with the bank’s strategic response to growing client demand for secure digital asset solutions following the implementation of the Markets in Crypto-Assets (MiCA) regulation. A Broader Digital Asset Strategy Per their press release, this development is part of Standard Chartered’s broader digital asset strategy, reflecting its ambition to expand global custody offerings. The bank chose Luxembourg due to its well-regulated financial environment. It deemed it suitable for addressing the increasing institutional interest in the EU market. Notably, Laurent Marochini has been appointed the CEO of the Luxembourg entity. He brings significant expertise to the role, having previously served as Head of Innovation at Société Générale. Marochini’s leadership is expected to bolster the bank’s efforts to establish a robust foothold in the EU digital asset ecosystem. Margaret Harwood-Jones, the Global Head of Financing & Securities Services at Standard Chartered, expressed enthusiasm about the bank’s latest expansion into the European Union’s digital asset market. Harwood-Jones highlighted the strategic importance of offering regulated digital asset custody services in the region. Moreover, she emphasized the bank’s commitment to providing institutional clients with secure solutions aligned with evolving financial ecosystems. #Crypto

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"Ethereum to Fall Short This Cycle, Analyst Reveals Maximum ETH Price Target"

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