đš Must-Know Crypto Updates: End of Summer Edition!
1ïžâŁ Scammers Revamp Tactics in 2024
A new #Chainalysis report reveals that crypto scammers have adapted their methods in 2024, opting for short-term, high-profit scams. With a focus on smaller targets, the average lifespan of these schemes has dropped by over 50% since 2023.
2ïžâŁ Elon Musk Beats $258B Dogecoin Lawsuit
A massive victory for Elon Musk! The Tesla founder and X (formerly Twitter) owner just won the dismissal of a $258 billion lawsuit accusing him of hyping #Dogecoin. The court ruled in Musk's favor, putting an end to investor claims of fraud and insider trading.
3ïžâŁ Australia's Crypto ATM Boom đŠđș
Australia is making waves in the crypto world with a 16-fold increase in cryptocurrency ATMs in just two years. Now boasting nearly 1,200 machines, Australia ranks third globally in crypto ATM adoption.
4ïžâŁ Londoner Charged for Unregistered Crypto ATM
In a UK first, a man from London faces charges for operating a crypto ATM without FCA registration. A stern reminder that regulation is tightening in the crypto space.
5ïžâŁ Rippleâs Legal Battle with the SEC âïž
Rippleâs Chief Legal Officer is going head-to-head with the SEC. Following OpenSea CEO Devin Finzer's announcement of a Wells Notice, Ripple is stepping up its challenge against the regulatory giant.
đ Remember to always Do Your Own Research (DYOR) before making any crypto investments.
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