🚔 In the USA detained Russian Pavel Kulizhnikov, who is suspected of laundering drug cartel money and circumventing sanctions through cryptocurrency.

The criminal network exchanged cash for crypto via Telegram and could process up to $50 million per day, taking up to 8% commission for itself.

@DeCenterOrg

🍿 In New York, they are demanding to recover $1.37 billion from the founders of the crypto pyramid scheme NovaTech, who promised investors 2–4% profit per week and collected over $1 billion in cryptocurrency.

Less than $26 million went into actual trading, and old investors were paid from the money of new ones — after the project's collapse, tens of thousands of people were left without their savings.

@DeCenterOrg

🇨🇳 China plans by 2030 to complete the creation of a national blockchain network and expand the use of blockchain in trade, finance, manufacturing, and agriculture.

@DeCenterOrg

⚡️ Crypto exchange HTX added Russia to the list of prohibited jurisdictions.

@DeCenterOrg

🇦🇷 Argentine President Javier Milei seems to have come out clean from the crypto waters — the court closed the investigation into the LIBRA scam shitcoin case, NOT FINDING sufficient evidence of fraud.

After Milei's publication, the LIBRA token sharply rose in price, and then just as quickly collapsed. Investors lost hundreds of millions of dollars, and there's nothing to present to the president.

@DeCenterOrg

🚬 If you're having a bad day, remember the person who in 2021 paid $450,000 for virtual land to become Snoop Dogg's neighbor in The Sandbox metaverse.

Now, the value of such a plot is estimated at a maximum of $1000 — a drop of almost 99.8%.

The neighborhood with the rapper was virtual, but the lost money was quite real.

@DeCenterOrg

🚫 Microsoft, Wells Fargo, and Google are categorically against trading tokenized versions of their shares on crypto exchanges.

In total, 22 large companies have already filed official objections, not wishing for their shares to appear on crypto platforms as tokens.

@DeCenterOrg

📉 Investors are rapidly losing interest in crypto startups — in the first 24 days of October, they attracted only $497 million against $6.3 billion for the same period last year.

Venture capital is increasingly flowing into AI, while crypto projects are left with the scraps.

@DeCenterOrg

🚓 Five employees of crypto exchangers were detained in Moscow, through which, according to the police, scammers transferred stolen money into cryptocurrency.

A 73-year-old pensioner uncovered the trail, who gave 13,300,000 rubles to the fraudsters, and during the search, two more couriers with three million rubles dropped into the office — straight into the hands of the police.

@DeCenterOrg

🇳🇱 MEXC also is winding down trading in the Netherlands, amidst the lack of MiCA authorization.

@DeCenterOrg

🏀 NBA has partnered with Kalshi and Polymarket — two of the largest prediction market platforms.

They will gain access to the league's official data and branding, while the NBA itself will participate in setting prediction terms and controlling against potential manipulations.

@DeCenterOrg