Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
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Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
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U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday “We are on our way to getting a stablecoin bill in the short run.”
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
The move may bring fresh energy and capital into the spot ETFs.
Inflows have slowed this month, taking the wind out of the bitcoin bull run.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
Screenshot of “Quantum Cats” launched to promote the reintroduction of OP_CAT. (Quantum Cats/Taproot Wizards)
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.