“The NESGswap(Dex) INITIATIVE, NESG — GCR and Al Arab are forging the Golden Future of Digital Assetsbeing , the only decentralized exchange (DEX) authorized under the Global Currency Reset (GCR) framework”

NESGCOIN ($NESG), the flagship token of the NESGswap ecosystem, has been listed on MelegaSwap, an automated market maker (AMM) DEX. This listing will expose NESGCOIN to a wider global trading audience, enabling users to trade or swap NESG while providing liquidity for BNB-NESG LP tokens and generating passive income.
About NESGSwap
The financial ecosystem stands on the threshold of a historic transformation with the arrival of NESGswap, the only decentralized exchange (DEX) authorized under the Global Currency Reset (GCR) framework. This shift, driven by governments such as the G-20 and overseen by the United States under NESARA-GESARA trade agreements, redefines the concept of physical money and its exchange globally.
NESGswap not only operates as a cutting-edge DEX but also offers its native currency, NESG, the only one authorized for trading government-backed currencies. This official backing positions NESGswap as a key player in the integration of digital assets and the global financial structure, opening a new door for the democratization of crypto asset trading.
One of the most innovative aspects of NESGswap is its strategic collaboration with AlArab, the first official Arab currency, supported by resources from the Middle East and under the leadership of President Mohamed Bin Zayed Al Nahyan. This partnership not only supports NESGswap’s financial strength but also enhances its ability to promote fair and equitable governance on the global stage.
NESGswap contributes to creating an inclusive and democratic financial environment by offering a robust platform for secure trading of government-backed digital assets. The initiative aligns with global economic reform efforts, such as NESARA-GESARA, which aim to balance global economies and ensure financial equity.
About NESG (GCR — AlArab): The Tokens of Change for the Future
The NESG token stands as the only authorized asset for global trading of currencies like GCR and AlArab. With advanced technologies such as masternodes and data protection through encryption, NESGswap ensures a fast, secure, and accessible platform for its users. This technological innovation also supports the growth of Abu Dhabi’s Metaverse, the world’s first 100% digital city, where AlArab will be the only currency accepted for acquiring virtual territories.
The future of global trade and financial governance is clear: NESGswap is leading the way toward a decentralized, inclusive, and secure system that will benefit all nations, transforming how we interact with money and digital assets. With its NESG token and the integration of government-backed currencies, NESGswap is laying the foundations for a new financial era.
Driving the Transition to a Decentralized Economy
Before the anticipated Global Currency Reset, NESGswap will enable the trading of over 200 crypto assets backed by recognized networks like BTC, ETH, BNB, and Solana. This diverse approach and its secure network ensure a smooth trading experience for users seeking access to GCR and AlArab-backed currencies. Additionally, NESG, along with other assets, is expected to soon be available on major centralized exchanges (CEX) such as Binance, Coinbase Pro, Huobi, Kraken, Bithumb, Bitfinex, and Gate.io.
The Global Currency Reset (GCR) (NESARA — GESARA) is a revolutionary initiative aimed at unifying all nations under a single digital currency, promoting economic and social equality worldwide. The system is based on masternode technology, ensuring speed, security, and accessibility in all transactions 
Key Points Summary:
- Speed and Security: Fast and secure transaction processing through advanced technology enabling high-performance data management.
- Gold-backed Cryptocurrencies: Each transaction and contract is secured by physical assets, enhancing trust and value in the global cryptocurrency market.
- Plan for Social Equality and Freedom: Seeks equitable distribution of resources and financial power, offering all nations the opportunity to use a single currency.
- Identity Protection: Users will have their identity protected through encryption systems, ensuring privacy and confidentiality of their data.
This model not only promises to revolutionize the global financial system but also positions users as integral to the future, providing balanced and fair value for all.
https://gcr.social/
Follow and Learn More About NESGswap
- Website: [nesgswap.com](https://nesgswap.com/)
- X (Twitter): [@NESGswap](https://x.com/NESGswap)
- Telegram: [NESGswap](https://t.me/NESGswap)
- Instagram: [nesgswap](https://www.instagram.com/nesgswap/)
- Reddit: [NESGswap](https://www.reddit.com/r/NESGswap/)
BSC Contract Address:
`0xfccf5becfcc0978a3a766476bb58d5f13565d999`
TRADE $NESG ON
https://app.uniswap.org
https://pancakeswap.finance
https://www.melega.finance
https://vindax.com
ABOUT Al Arab
Al Arab: Innovation in the Digital and Financial Future of the Metaverse
At a crucial moment of technological and economic evolution, the metaverse emerges as a reality that redefines traditional paradigms of trade, finance, and digital property. Under the vision and leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Al Arab project has been launched, an unprecedented digital revolution that promises to transform interactions among individuals, businesses, and institutions within a fully virtual environment.
Al Arab is not just a cryptocurrency but the cornerstone of a decentralized financial ecosystem (DeFi) that ensures secure, fast, and efficient transactions. With an investment exceeding 200 billion dollars, this project positions Abu Dhabi as the world’s first 100% digital city, a model of innovation that has already attracted global brands such as McDonald’s, KFC, Coca-Cola, Pepsi, and fashion giants like Versace, Gucci, Dolce & Gabbana, Balmain, Louis Vuitton, and Prada. 
DeFi: The Future of Trade and Investment
The DeFi system behind Al Arab not only guarantees financial decentralization, eliminating the need for banking intermediaries, but also opens a new horizon of opportunities for investors and companies looking to participate in this revolutionary market. The incorporation of masternodes and NFTs on the platform ensures that each transaction and asset is supported by the most advanced blockchain technology, making traditional financial systems obsolete.
One Currency, One Digital Future
Al Arab is established as the only currency accepted for acquiring virtual territories in this metaverse, offering investors an exclusive opportunity to participate in creating a new model of digital economy. Renowned brands have not only joined this visionary project but are also developing new ways to interact with their consumers through immersive experiences and innovative digital collections, such as Balenciaga’s proposal based on celebrity and model avatars.
Abu Dhabi: The Epicenter of the Future
Under the direction of His Highness Sheikh Mohamed bin Zayed, Abu Dhabi will not only symbolize modernity but also become the epicenter of a new global digital economy. The Abu Dhabi metaverse is not just a vision of the future but a tangible reality that redefines the role of cities in the modern world, integrating the best of technology, trade, and finance into a fully digital environment.
In conclusion, Al Arab is not just a cryptocurrency but a manifestation of the future of finance, trade, and cities. The Abu Dhabi metaverse, led by Sheikh Mohamed bin Zayed’s vision, is set to mark a turning point in human history, making this project a milestone in the evolution of our societies towards a truly digital world.
Follow and Learn More About AI Arab 
https://alarab.io/
https://t.me/Alarab_global
https://consumergeniuses.com/?s=Al+Arab
https://www.ksnt.com/business/press-releases/ein-presswire/621570707/the-future-is-the-metaverse/
 #MelegaSwap #melega #alarab #NESGSwap #NESG

MelegaSwap announces a new strategic partnership with Farmer Coin (FARM) for their upcoming presale on dxSale from September 15 to September 20, 2024. This collaboration represents a union of excellence, combining the Melega ecosystem's unwavering commitment to innovation with Farmer Coin's groundbreaking potential. 
Since Farmer Coin was listed on the Binance Smart Chain reaching a +150% performance on the listing day, the Melega ecosystem has always provided the best marketing and support and will ensure it even now that Farmer Coin has started its listing journey on multiple chains in order to reach a wider audience and achieve their goals of simplifying crypto adoption in the agricultural world.
MelegaSwap will serve as a solid foundation for the project as the token will be listed on the automated market maker (AMM) decentralized exchange, enabling users to easily trade, farm, and generate passive income through liquidity provision.
But that's not all. First of all the partnership extends to Melega Space, an integral part of the Melega Finance ecosystem. This offers comprehensive services such as fundraising, project outreach, legal support, security audits, reputable exchange listings, community building, and cutting-edge digital marketing strategies. Secondly, MelegaSwap and FarmerCoin have entered into a strategic partnership with DxSale, a market-leading launchpad that has recently undergone a major restyling and feature update, which today represents, even more than yesterday, the ideal and intuitive platform for hosting ICOs on many chains.
 
Participate in Farmer Coin’s presale on BASE CHAINnow:
https://www.dx.app/dxsale/view?address=0x826c0f812d94a3CCa9886a7E942894ADC72b91B5&chain=8453
 
The Farmer Coin Ecosystem: Simplifying Crypto Adoption in the Agricultural World
The Farmer Coin token is a long-term project aiming to develop a user-friendly decentralized and centralized applications that open the doors to the world of digital currencies for individuals and companies in the agricultural sectors. It makes crypto adoption a breeze for farmers with a focus on transparency, community influence, and captivating content. 
Farmer Coin is on a mission to redefine the crypto landscape and empower farmers to navigate the crypto market with confidence.
The team behind Farmer Coin understands the importance of introducing digital currencies early on, and they've made it their priority to make crypto adoption a seamless experience. The dApps and Apps they're building have been thoughtfully designed to ensure that users, even those with no prior knowledge of cryptocurrencies, can grasp their workings effortlessly.
In addition to their decentralized application, Farmer Coin Team aims to create an interactive blog that invites the agricultural sector on a journey through the realms of the future, crypto, and technology. The blog is designed to present complex concepts in a manner that is easily understood by individuals from all walks of life.
By simplifying jargon and conveying information in a language that resonates with everyone, Farmer Coin's blog bridges the gap between tech enthusiasts and newcomers. The blog will become an invaluable resource, empowering knowledge seekers and nurturing a deeper understanding of the crypto ecosystem.
Moreover, Farmer Coin Team strongly believes in giving power back to the community. They seek to challenge the bureaucratic and opaque nature of traditional finance by creating an environment where decisions are made collectively and with the utmost transparency. This commitment to democratic processes means that every individual has a voice and can actively contribute to shaping the future of finance.
Farmer Coin isn't just another cryptocurrency project; it's a movement towards a more inclusive, transparent, and decentralized future. With its pioneering approach to trend-setting, interactive blog, and community-driven decision-making, $FARM is set to redefine the way the agricultural world interacts with cryptocurrencies and pave the way for a new era of interaction between the real economy and digital finance.
 
Join the $FARM revolution now by contributing in Farmer Coin’s presale on BASE CHAIN:
https://www.dx.app/dxsale/view?address=0x826c0f812d94a3CCa9886a7E942894ADC72b91B5&chain=8453
 
Follow and learn more about Farmer Coin
Website: https://www.farmercoin.space
Telegram: https://t.me/farmercoinglobal
Twitter: https://twitter.com/farmercoinbsc
 
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. 
 
#FarmerCoin #MelegaSwap #melegamarco #melega #DxSale

The cryptocurrency market continues to experience significant volatility, with Bitcoin dipping below $53,000 and struggling to regain that level. Market sentiment has fallen to a one-month low as analysts caution about a potential price correction that could see Bitcoin drop below $50,000.
In other news, Telegram founder Pavel Durov has spoken out for the first time since his high-profile arrest in France last month. He expressed surprise at the arrest, noting that Telegram has an official EU representative to handle regulatory requests and law enforcement inquiries.
Meanwhile, El Salvador is celebrating the third anniversary of its decision to adopt Bitcoin as legal tender.
To keep you in the loop, we've gathered six of the most important crypto stories from the past week. Check 'em out below!
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (September 1-7, 2024)
●      Ripple Co-Founder Endorses Kamala Harris for President
●      CFTC Charges Uniswap for Illegal Derivatives Trading
●      CZ Banned from Managing Binance as Part of Plea Deal
●      Polygon’s MATIC Upgraded to POL, Boosting Token Utility
●      MEV Bot Takes $12M Loan, Earns Only $20
●      Telegram Disables People Nearby” Feature Amid Safety Concerns
Ripple Co-Founder Endorses Kamala Harris for President
Ripple co-founder and executive chairman Chris Larsen has endorsed Vice President Kamala Harris for the 2024 presidential election. Larsen signed a letter alongside 88 U.S. corporate leaders supporting Harris, including prominent figures like Box CEO Aaron Levie and Yelp CEO Jeremy Stoppelman. This endorsement follows the earlier move by former Ripple board member Gene Sperling, who left the White House in August to join Harris' campaign. The impact of the 2024 election on the crypto industry remains a subject of keen interest.
CFTC Charges Uniswap for Illegal Derivatives Trading
The U.S. Commodity Futures Trading Commission (CFTC) has charged Uniswap Labs for offering illegal leveraged cryptocurrency trading to retail investors. Uniswap settled by paying a $175,000 fine and agreed to stop violating the Commodity Exchange Act. Two CFTC commissioners dissented despite the settlement, criticizing the enforcement as overreach. Commissioner Summer Mersinger called for clearer guidance for DeFi compliance, while Commissioner Caroline Pham questioned the evidence used in the case. Uniswap is one of the largest decentralized exchanges, managing $4.3 billion in assets.
CZ Banned from Managing Binance as Part of Plea Deal
Changpeng “CZ” Zhao, former CEO of Binance, has been permanently banned from managing the crypto exchange as part of a plea deal with U.S. authorities. The deal, part of a $4.3 billion settlement announced in November 2023, also required Zhao to step down as CEO and pay $50 million in fines. He pleaded guilty to one felony charge related to violations of the Bank Secrecy Act. Zhao’s replacement, Richard Teng, confirmed the lifetime ban, which exceeded the previously rumored three-year restriction.
Polygon’s MATIC Upgraded to POL, Boosting Token Utility
Polygon has upgraded its native cryptocurrency, MATIC, to a new token called Polygon Ecosystem Token (POL) on a 1:1 basis. This change, effective from September 4, positions POL as the network’s gas and staking token. Polygon Labs CEO, Marc Boiron emphasized that POL is now a "hyperproductive" token, generating fees from multiple sources beyond staking and gas, thus enhancing community participation in network growth. This upgrade is a key part of the broader Polygon 2.0 vision, aimed at providing "infinite scalability" across blockchains.
MEV Bot Takes $12M Loan, Earns Only $20
An "unlucky" MEV (Maximum Extractable Value) bot took out a $12 million flash loan in Wrapped Ether (WETH) to execute a sandwich attack on a user trading $5,000 worth of Shuffle tokens. Despite undertaking 14 transactions across decentralized platforms Aave and Uniswap, the bot barely made a $20 profit after gas fees. The attack, completed in about 12 seconds, highlights the risks of sandwich attacks, where bots manipulate transaction prices. In this case, the bot's effort fell below expectations.
Telegram Disables People Nearby” Feature Amid Safety Concerns
Telegram founder Pavel Durov announced on Sept. 6 that the platform is disabling its "People Nearby" feature, citing security concerns after reports of its misuse by malicious actors. This change is part of a broader effort to improve Telegram's content moderation and safety. While Durov emphasized that only a small fraction of users exploited these features, he acknowledged the disproportionate risk posed to the wider community. The personal geolocation tool will be replaced by a “businesses nearby” option to enhance user privacy and security.
NEWS FROM THE MELEGASWAP ECOSYSTEM
BabyMarco (BabyMarco) Farm & Pool Listed on MelegaSwap
The Baby Token of the MelegaSwap ecosystem that rewards holders with $MARCO and much more.
$SCOOP Presale is live on MelegaSwap 
Fatman Scoop (SCOOP) on BNB CHAIN is a meme token that is a tribute to a Hip-Hop icon who, with his characteristic hype, makes and will make the world dance for generations.
WAXCHAIN (WAX) Farm & Pool Listed on MelegaSwap
WAXCHAIN is not just about a token but about building a comprehensive ecosystem that supports secure, efficient, profitable, humanitarian support and entertaining digital communications.
MelegaSwap Secured a Top Tier Marketing Partnership with the $FARM Project
A MULTICHAIN project designed to bring the value and importance of agricultural work to blockchain to support the sector and its operators with the new opportunities digital asset technology offers.
TONGUE (TONGUE) Farm & Pool Listed on MelegaSwap
Unprecedented viral power. Apply $TONGUE to any photo of personalities or coins and prepare to rule in the meme coin season.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.

#MelegaSwap #melega #melegamarco #czprison #UniswapFoundation

The crypto market had a bullish week, with Bitcoin (BTC) soaring 12.6% and reaching stability around $52,000. This surge pushed its market cap past $1 trillion, highlighting renewed investor confidence. Interestingly, 75% of new Bitcoin investments are linked to recently approved spot Bitcoin ETFs, showcasing their growing impact.
Beyond the Bitcoin boom, exciting developments abound. Uniswap v4 gears up for launch with Ethereum's Dencun upgrade, aiming to improve efficiency and scalability. Meanwhile, legal battles heat up, with FTX creditors suing Sullivan & Cromwell and Binance founder CZ's sentencing postponed. In positive news, Celsius completes a $2 billion crypto distribution to its creditors.
However, potential challenges loom. Galaxy Digital warns of a possible 20% drop in Bitcoin's hash rate post-halving. GoFundMe halts fundraising for Tornado Cash's legal defense, raising concerns about censorship and privacy.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegadex) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (FEBRUARY 4–10, 2024)
●      Uniswap v4 Set to Launch in Q3 After Ethereum’s Dencun Upgrade
●      FTX Creditors Sue Sullivan & Cromwell, Alleging Fraud in Bankruptcy Case
●      Binance Founder CZ's Sentencing Postponed to April 30
●      Celsius Completes $2B Crypto Distribution to Creditors
●      GoFundMe Halts Tornado Cash Legal Defense Crowdfunding
●      Bitcoin Hash Rate Faces Potential 20% Drop Post-Halving, Says Galaxy Digital
Uniswap v4 Set to Launch in Q3 After Ethereum’s Dencun Upgrade
The Uniswap Foundation plans to release version 4 of its decentralized exchange after Ethereum's Dencun upgrade, tentatively scheduled for the third quarter of 2024. Currently in the "Code Freeze" phase, Uniswap v4 undergoes rigorous testing, optimization, and security checks. The foundation aims for it to be the most thoroughly audited code on Ethereum. Following community and audit firm assessments, v4 will move to the testnet before its mainnet deployment, contingent on the Dencun upgrade's progress. Ethereum's Dencun upgrade introduces EIPs like proto-danksharding to reduce layer 2 transaction fees, with mainnet activation slated for March 13, 2024.
FTX Creditors Sue Sullivan & Cromwell Alleging Fraud in Bankruptcy Case
FTX creditors have filed a class-action lawsuit against law firm Sullivan & Cromwell (S&C), accusing it of actively participating in FTX Group's multibillion-dollar fraud. The lawsuit claims S&C knew about FTX's fraudulent conduct but still stood to gain financially. S&C, overseeing FTX's bankruptcy, had a prior relationship with the exchange, raising concerns about conflicts of interest. Former FTX executives revealed close ties between the companies. Despite S&C's denial of wrongdoing, its involvement in FTX's affairs is under intense scrutiny, prompting calls for an independent examination.
Binance Founder CZ's Sentencing Postponed to April 30
Binance's former CEO, Changpeng Zhao, known as CZ, was slated for sentencing on Feb. 23 for money laundering charges, facing up to 18 months in prison. However, the sentencing has been delayed to April 30, per a Seattle Federal Court filing. While some expect a minimal sentence, the prosecution hinted at the possibility of a longer term, up to ten years. Despite efforts from Zhao's legal team, including offering his equity in Binance.US as security, his fate remains uncertain as he awaits sentencing on bail.
Celsius Completes $2B Crypto Distribution to Creditors
Celsius, a bankrupt cryptocurrency lender, has successfully distributed $2 billion worth of cryptocurrency to 172,000 creditors. The distribution, managed by PayPal and Coinbase, saw 20,500 Bitcoin and 301,000 Ether tokens transferred without issues. Despite concerns about compliance hurdles, nearly 75% of the BTC/ETH intended for distribution have been collected. However, creditors who didn't agree to the restructuring plan will have to wait for the resolution of their claims. The completion of this distribution marks a significant milestone in Celsius' journey since filing for bankruptcy in July 2022.
GoFundMe Halts Tornado Cash Legal Defense Crowdfunding
GoFundMe abruptly terminated a fundraiser aimed at supporting the legal defense of Tornado Cash co-founder Roman Storm and developer Alexey Pertsev. The platform cited a breach of its terms of service, specifically Term 22, which prohibits campaigns that could expose GoFundMe to harm or liability. Despite accumulating $30,000 in donations, the fundraiser was canceled, prompting questions from the Tornado Cash community about GoFundMe's actions. Donors, including Ryan Adams, had their contributions returned, while Storm and Pertsev continue to seek financial support through other platforms like JuiceBox.
Bitcoin Hash Rate Faces Potential 20% Drop Post-Halving, Says Galaxy Digital
Galaxy Digital's research suggests that up to 20% of Bitcoin's hash rate might go offline after the upcoming halving, as older mining rigs struggle to break even with reduced block rewards. The report highlights how sensitive breakevens are to Bitcoin's price and transaction fees, indicating potential shutdowns of older models like Bitmain's S9 and Canaan's A1066. Newer, more efficient models like the Antminer S19 are expected to fare better.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melega #CZ #GoFundMe

Welcome to another weekly crypto recap from Melega Finance. A new report reveals that over half a billion people have joined the cryptocurrency world by the end of 2023, marking a 34% increase from the previous year. Ether (ETH) ownership surged to 124 million users, while Bitcoin (BTC) ownership reached 296 million. 
However, Bitcoin (BTC) continued its struggles around $40,000 throughout the week. It briefly dipped below that level due to GBTC-linked selling on Coinbase, but managed to recover and surge to around $42,000 at the time of writing.
As the crypto market pulsated with anticipation and uncertainty, let us now turn our focus to the most riveting and consequential stories that unfolded throughout the week. Guess what? Most of 'em have something to do with regulations and legal stuff.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegadex) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (JANUARY 21–JANUARY 27, 2024)
●      Former Binance CEO's Travel Request Denied Amidst Legal Troubles
●      Tornado Cash Co-founder Expresses Fear Ahead of Criminal Trial
●      Mt. Gox Trustee Progresses on Repayments; Emails Confirm Identity Verification
●      Terraform Labs, Behind Defunct TerraUSD, Files for Bankruptcy Protection
●      Lawyer Sentenced to 10 Years for OneCoin Money Laundering
●      SEC Delays Decision on BlackRock's Spot Ether ETF
Former Binance CEO's Travel Request Denied Amidst Legal Troubles
Former Binance CEO Changpeng Zhao sought to use his multibillion-dollar stake in Binance.US as security to travel to the United Arab Emirates temporarily for a family member's surgery. However, federal prosecutors opposed the request, and the court denied it. Zhao, facing money laundering charges, is currently on a $175 million bond in the U.S. and is prohibited from leaving the country until his sentencing on Feb. 23.
Tornado Cash Co-founder Expresses Fear Ahead of Criminal Trial
Roman Storm, co-founder of Tornado Cash, expressed fear about his upcoming criminal trial for charges including money laundering and violating the Economic Powers Act. In a plea for support, he emphasized the potential impact of the legal battle on software and privacy advocates. Storm's trial is set for September 2024, with ongoing financial support for his defense. The case is linked to Tornado Cash's alleged facilitation of North Korea-based hackers, prompting legal actions and appeals from crypto advocates against U.S. government sanctions.
Mt. Gox Trustee Progresses on Repayments; Emails Confirm Identity Verification
The trustee of Mt. Gox, a previously hacked cryptocurrency exchange, is advancing repayment efforts, reaching out to creditors for identity verification and account confirmation. Creditors are receiving emails regarding the completion of identity verification for accounts set to be used for Bitcoin and Bitcoin Cash repayments. 
Exchanges like Bitstamp are continuing to service Mt. Gox-related customers in specific countries despite ceasing operations in those jurisdictions. The trustee is also moving forward with bank account repayments, following reports of double payments in late 2023.
Terraform Labs, Behind Defunct TerraUSD, Files for Bankruptcy Protection
Do Kwon’s Terraform Labs, the company behind the now-defunct TerraUSD (UST) stablecoin, filed for Chapter 11 bankruptcy protection in the United States. The firm cited between $100 and $500 million in estimated liabilities and assets, and its CEO, Chris Amani, emphasized the community's resilience. This comes after the postponement of Kwon's fraud trial and amid speculation about his potential extradition to South Korea.
Lawyer Sentenced to 10 Years for OneCoin Money Laundering
A federal judge sentenced lawyer Mark Scott to 10 years in prison for his role in laundering millions of dollars through the OneCoin crypto scheme. Despite prosecutors seeking 17 years, Scott's legal team recommended 5 years. He expressed sympathy for OneCoin’s victims before being sentenced. Scott worked with OneCoin to launder funds at the direction of “Cryptoqueen” Ruja Ignatova, who remained at large. Other figures in crypto firms face similar legal consequences.
SEC Delays Decision on BlackRock's Spot Ether ETF
The United States Securities and Exchange Commission has postponed the decision on BlackRock's proposed spot Ether exchange-traded fund (ETF) one day before the deadline, citing the need for more time to review the proposed rule change. This marks the first of several delays that can be exercised over a 240-day period. The SEC must make a final decision on BlackRock's spot Ether ETF by August 7, with analyst predictions pointing to a final decision on all pending spot Ether ETFs in May.
NEWS FROM MELEGA ECOSYSTEM
WinZone (WZM) Farm & Pool Listed on MelegaSwap
WinZone is a gigantic metaverse full of exciting opportunities. There, you will have access to commercial environments, exciting jobs, talented streamers, and educational environments. Furthermore, WinZone Metaverse offers its incredible NFT collection, where you will be rewarded with USDT for time played or through the Rental System.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.

#MelegaSwap
#melega
#BlackRock
#ETH-ETF