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🚀 Upbit's parent company, Dunamu, is taking a bold step by challenging South Korea's FIU in court over a three-month ban on new user transactions. The ban followed the discovery of over 45,000 anonymous transactions and issues with the system's verification process. Despite the legal tussle, experts believe this won't deter users. In fact, it might even boost Upbit's user base! 🌟 However, the ongoing legal battle could complicate relationships with banking partners and push some to seek friendlier crypto jurisdictions. Stay tuned as this unfolds in the dynamic world of crypto!
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This article is not related to Metaverse, Web 3, crypto news, or blockchain news.
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🚀 Big win for crypto! A U.S. judge has dismissed the SEC's case against Richard Heart, founder of HEX and PulseX, due to lack of U.S. jurisdiction. HEX and PLSX prices skyrocketed, with PLSX up 70.60% and HEX up 65.67%! 🎉 However, Heart's legal troubles aren't over yet. He's still facing serious charges in Finland, including tax evasion and assault. Despite these challenges, Heart remains active online, celebrating the recent court victory. Stay tuned as the crypto world watches these developments unfold!
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🚀 Despite a tough Q4, Bitdeer is charging ahead with optimism! The Nasdaq-listed company just snapped up 100 BTC, boosting its crypto stash, and launched a $20M share buyback program. This bold move signals confidence in future growth despite the Bitcoin halving challenges. 📈 Bitdeer is also diving deep into ASIC chip development, with new models rolling out soon. CEO Jihan Wu's plan to sell shares aligns with regulations, keeping everything above board. It's clear Bitdeer is playing the long game in the crypto world!
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🚀 Big news from the SEC: Meme coins are officially not securities! 🎉 The SEC has clarified that these tokens, often bought for fun and social interaction, don't need to be registered under federal securities law. This means meme coin transactions are at your own risk, but also free from the usual securities regulations. The SEC used the Howey Test to determine this, noting that meme coins don't involve investment in a common enterprise or profits from others' efforts. While this is a win for crypto enthusiasts, remember that fraudulent activities are still punishable under other laws. Stay savvy and enjoy the ride!
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