☢️IT ONLY TOOK THEM 12 SECONDS TO STEAL $25 MILLION☢️
Two brothers managed to steal $25 million worth of Ethereum cryptocurrency in 12 seconds with a highly technological plan that they thought about for months and implemented in seconds. They also took many steps to hide their identities while realising their fraudulent plans. By setting up fake companies, they lost their traces by using different private cryptocurrency addresses and foreign cryptocurrency exchanges.
They also learnt how to disguise themselves and trace their crimes by conducting continuous research online New York's Cyber Unit prosecutors managed to catch criminals who attacked the integrity of all financial systems. Anton Peraire-Bueno was arrested in Boston, and James Peraire-Bueno was arrested in New York for allegedly obtaining Ethereum investors' cryptocurrencies by fraudulently accessing pending private transfer transactions. However, the brothers refused to return the money they stole and went to money laundering. Investigators dubbed the crime "the Exploit" (exploitation and at the same time outstanding success)
👏#XRP In a rather surprising move given the current electoral landscape, Ripple co-founder Chris Larsen has announced a $10 million XRP donation to the Kamala Harris campaign. With the US presidential election looming, the Democratic candidate is set to receive a boost from Larsen as she tries to overcome Donald Trump for the US presidency this year
In a post to X, Larsen stated that the decision was made to ensure that Democrats have “a new approach to technology innovations, including in crypto” Later, Ripple CEO Brad Garlinghouse voiced his support for the resolution. In particular, he stated that the US should immediately focus on turning away from “the current administration's misguided war on crypto”
Bitcoin ETFs record over $800 million in inflows in 2 days, Ethereum silent
The Bitcoin ETF saw a net inflow of $809.5 million over the last two trading days. Fidelity alone bought $356 million worth of Bitcoin, according to Farside data
Bitcoin ETF net inflows totaled $253.6 million. Fidelity's FBTC ETF led with inflows of $117.1 million, while Ark's ARKB ETF added $97.6 million. Bitwise's BITB ETF posted inflows of $38.8 million and Invesco's BTCO said $7.9 million. VanEck's HODL ETF contributed $14.3 million. But Grayscale's GBTC ETF saw outflows of $22.1 million. Other funds, including those from BlackRock, Franklin, Valkyrie and WisdomTree, remained flat
Bitcoin ETFs saw additional significant inflows of $555.9 million, showing strong institutional demand. Fidelity's FBTC ETF once again added $239.3 million, followed by BlackRock's IBIT ETF, which added $79.5 million. Bitwise's BITB ETF saw inflows of $100.2 million, while Ark's ARKB ETF saw inflows of $69.8 million. Invesco's BTCO and Franklin's EZBC added $4.9 million and $5.7 million less, respectively. Grayscale's GBTC ETF reversed its trend with inflows of $97.8 million. Grayscale's smaller BTC ETF also added $4.7 million
Ethereum ETFs
Ethereum ETFs had a relatively quiet day, posting net outflows of $0.1 million. Fidelity's FETH ETF saw inflows of $8.6 million, offset by outflows of $8.7 million from Grayscale's ETHE fund. Other Ethereum ETFs remained flat, including BlackRock, Bitwise, 21Shares, VanEck, Invesco and Franklin
☢️🚨☢️ Singapore police have launched an investigation into seven people allegedly trading Worldcoin accounts and tokens
According to a statement by Singapore Deputy Prime Minister Gan Kim Yong, Singapore police have launched an investigation into seven people accused of trading Worldcoin (WLD) accounts and tokens
This investigation is being conducted to examine possible violations of the Payment Services Act 2019. The Deputy Prime Minister stated that Worldcoin is not classified as a payment service under this law, but account and token traders can offer a payment service
Kim Yong warned consumers to be wary of offers to transfer control of their cryptocurrency wallets to others. He emphasised that such accounts could be used by third parties for malicious purposes
Stating that Singapore police detained five people last month for allegedly trading Worldcoin accounts and tokens, Yong stated that these people encouraged people to create Worldcoin accounts on behalf of various companies and took over these accounts for cash
It is almost certain that the FED will cut interest rates at its meeting on September 18, but the release of the US CPI data on Wednesday will make this decision even more certain