Fake BlackRock XRP Filing Referred to Delaware Department of Justice
Delaware’s Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.
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Delaware’s Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).
Crypto advocate Peter Van Valkenburgh argues the IRS’ extended reporting requirements violate the First and Fourth Amendments. (Coin Center)
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing was “false.”
Linda Lacewell, who helped modernize New York’s regime for crypto startups, offers advice to California regulators about setting up a similar scheme there.
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financially, he says, even if ordinary investors won’t.
Wood said Gensler’s concerns that bitcoin is prone to market manipulation, one of the barriers to the approval of a spot BTC ETF in the U.S., belie his perfectly sound cryptocurrency knowledge.
XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.
Cryptocurrency exchange Crypto.com has been granted a licence to operate specified virtual asset service activities in Dubai.
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round.