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🚨Crypto enthusiasts, beware! AirBit Club co-founder Pablo Rodriguez has been sentenced to 12 years in prison for orchestrating a global scam that siphoned over $100 million from investors. 😱 The scheme promised guaranteed profits from cryptocurrency mining and trading, luring victims into buying club "memberships." 🤑 Rodriguez and his accomplices traveled the world, hosting extravagant expos to persuade people to invest. Victims were given access to an online portal showing supposed profits, but no actual cryptocurrency activities took place. Instead, the scammers spent the funds on luxury items and continued recruiting more victims. 🌍💸 When victims tried to withdraw funds, they faced excuses, delays, and hidden fees. Some even had their accounts closed and lost their investments due to false claims related to the COVID-19 pandemic. 😷💔 Stay vigilant, crypto fans, and always do your research before investing! 🕵️‍♂️💰

🚨Crypto enthusiasts, beware! AirBit Club co-founder Pablo Rodriguez has been sentenced to 12 years in prison for orchestrating a global scam that siphoned over $100 million from investors. 😱 The scheme promised guaranteed profits from cryptocurrency mining and trading, luring victims into buying club "memberships." 🤑

Rodriguez and his accomplices traveled the world, hosting extravagant expos to persuade people to invest. Victims were given access to an online portal showing supposed profits, but no actual cryptocurrency activities took place. Instead, the scammers spent the funds on luxury items and continued recruiting more victims. 🌍💸

When victims tried to withdraw funds, they faced excuses, delays, and hidden fees. Some even had their accounts closed and lost their investments due to false claims related to the COVID-19 pandemic. 😷💔

Stay vigilant, crypto fans, and always do your research before investing! 🕵️‍♂️💰

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🎉🚀 Big news in the crypto world! HTX, formerly known as Huobi, has surpassed Coinbase in spot trading volumes for the first time, handling a whopping $2.4 billion daily! 💰💪 This milestone was announced by none other than Justin Sun, the founder of TRON blockchain and a global advisor for HTX. Sun is confident that this is just the beginning for HTX, emphasizing that the platform is still in its early stages of growth. 🌱📈 HTX now stands as one of the world's largest crypto exchanges, only trailing behind Binance, Bybit, OKX, and Gate.io. Meanwhile, Coinbase, a leading U.S.-based exchange, oversees approximately $2 billion in daily spot trading volumes, placing it behind HTX and Bitrue. 📉🇺🇸 HTX has been making waves in the crypto community, not just for its trading volumes, but also for its philanthropic initiatives. Two months ago, HTX pledged to donate all Slerf trading revenue on HTX Global, aiming to support Slerf's trading fee mining on HTX. 🌍💖 On the flip side, Coinbase's decline in exchange volume rankings comes amid the company navigating various legal challenges in the United States. 🏛👀 The U.S. SEC filed a securities violation lawsuit against Coinbase, alleging that the firm operates as an unregistered exchange, broker, and clearing agency. These legal hurdles have likely impacted the exchange's trading volumes, providing HTX with an opportunity to rise in the rankings. 🚀🎯 Stay tuned for more exciting updates in the crypto world! 🌐🔥
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🎉Crypto enthusiasts, buckle up! Last week was a wild ride! 🎢 The US SEC gave a thumbs up to the first wave of spot Ethereum ETFs, four months after approving similar Bitcoin products. 🚀 The crypto market reacted like a kid on a sugar rush, with both Bitcoin (BTC) and Ether (ETH) experiencing significant volatility and sudden price shifts as the anticipation for the SEC's decision built up. 📈📉 The week kicked off with market analysts upping the odds of approval from 25% to a whopping 75%! 🎲 This shift in sentiment was mirrored in key metrics like the Bitcoin Volmex Implied Volatility Index (BVIV), the Ethereum Volmex Implied Volatility Index (EVIV), and the Volatility Risk Premiums (VRPs) for the crypto assets. 📊 As the Fed's May 1 meeting loomed, investor jitters about potential interest rate changes nudged the BVIV, EVIV, and VRPs upward again. But the market found its footing post the Fed's meeting. 🕺 When the SEC finally gave the green light to the Ethereum ETFs on May 23, the BVIV and EVIV took a nosedive within hours, and the VRPs for Bitcoin and Ethereum also dipped. 📉 This shift in market sentiment was accompanied by a drop in BTC and ETH prices, which had soared to $71,000 and $3,900, respectively, before the approval due to activities in the perpetual futures market. After the initial euphoria of the SEC's decision, investors started to cash in their profits, pulling the prices of the cryptocurrencies even lower. 💸 At the time of writing, BTC and ETH were trading at $68,000 and $3,871 after falling by 1% in the past 24 hours. Stay tuned for more updates, crypto fans! 🚀🌕
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