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On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million.

14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses
At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.5 million—to four separate Pay-to-Script-Hash (P2SH) addresses. The legacy wallet, identified as “12znK,” was first created on Aug. 2, 2011, roughly 13 years and seven months ago.

The new wallets now each contain 24.99 BTC following the transfer. The linked 100 bitcoin cash ( BCH)—valued at $32,460—remains inactive. While it was first active on Aug. 2, 2011, the 12znK wallet initially received just 1 BTC during its creation.
Nearly two weeks later, on Aug. 14, 2011, an additional 99 BTC flooded into the address. At the time of the first deposit, bitcoin’s value hovered at $13.09 per unit, though it dipped to roughly $10.13 per BTC by the second transaction.
Collectively, the wallet’s holdings then amounted to $1,015.96, a figure that dwindled to $425 by Dec. 31, 2011, as prices fluctuated. Over the intervening years, the accumulated BTC has yielded a staggering 836,493% return on investment.

Per Blockchair’s privacy assessment tool, the recent transfer garnered a privacy rating of 50/100, penalized for its swept transaction structure and recurring use of identical input addresses.
Though dormant bitcoin wallets from 2009 remain the Holy Grails for onchain sleuths tracking vintage transactions, those from 2010, 2011, and even 2012 have grown increasingly scarce in contemporary markets.

#binance #wendy #Bitcoin $BTC

Bitcoin’s price stands at $84,968 to $85,168 over the last hour, with a market capitalization of $1.68 trillion and 24-hour global trade volume totaling $10.64 billion. The cryptocurrency has traded within a $1,551 intraday range between $83,682 and $85,233 and remains 21.7% below its all-time high posted on Jan. 20, 2025.

Bitcoin
On the daily chart, bitcoin is emerging from a descending trajectory that began near the $99,508 mark, bottoming around $76,680 before transitioning into a lateral consolidation phase with slight upward momentum. Candlestick structures exhibit reduced body size, reflecting market indecision or early accumulation behavior. Price currently hovers just above key support near $83,000, with stronger foundational support seen at $76,700. Resistance is identified between $88,000 and $89,000, and if a bullish daily candle closes above $86,000 with corresponding volume, a swing entry targeting $89,000 or more may materialize. Traders should remain alert for signs of rejection near the upper resistance area to manage exit timing.

BTC/USD 1D chart via Bitstamp on March 23, 2025.
From a four-hour chart perspective, bitcoin has shown a gradual recovery from the $81,138 level up to $87,470 before entering a corrective phase. Despite the pullback, the asset has formed higher lows, indicative of ongoing bullish pressure. Resistance remains firmly planted at $87,470, while support has developed around $83,500. A breakout above this resistance with sustained volume could open the door for a short-term climb toward $88,500 or higher. Conversely, failure to clear resistance amid rising selling pressure would increase the likelihood of a retracement to the $83,500 region.

BTC/USD 4H chart via Bitstamp on March 23, 2025.
Short-term price action on the one-hour chart suggests bitcoin is forming a clean upward channel, with momentum supported by increasing buy-side volume. The price has lifted from $83,682 to a session high of $85,233, and maintaining a position above $85,000 is key to sustaining bullish sentiment. An intraday retest and reclaim of $85,233 would likely trigger momentum toward $86,000 to $86,500 in the short term. A breakdown below $84,000 on increasing sell volume would undermine bullish setups and trigger stop-losses among aggressive long positions.

BTC/USD 1H chart via Bitstamp on March 23, 2025.
Oscillator signals paint a mixed technical picture across the board. The relative strength index (RSI) stands at 48, stochastic at 71, and the commodity channel index (CCI) at 13, all reflecting neutral momentum. The average directional index (ADX) at 32 suggests a trend is present but lacks strong conviction. The awesome oscillator is currently at −2,622 and also neutral. However, both the momentum indicator at 4,154 and the moving average convergence divergence (MACD) level at −1,680 are flashing bullish signals, supporting a modestly bullish bias.
Moving averages (MAs) are currently sending divergent signals depending on the timeframe. The exponential moving average (EMA) and simple moving average (SMA) for 10 and 20 periods all suggest positive factors, ranging between $84,178 and $85,228. Mid-range signals, including the 30-period EMA and SMA, turn bearish, with values near $86,060 to $86,671. Longer-term moving averages — including 50, 100, and 200-period indicators — skew bearish, except for the 200-period simple moving average (SMA), which stands at $84,893 and still supports the price. This layered outlook indicates that while immediate momentum is upward, the broader market structure is still unwinding from prior highs.
Fibonacci retracement levels from the recent swing high to local lows across the one-hour, four-hour, and daily timeframes reinforce this technical complexity. Price reactions are likely around the 38.2%, 50%, and 61.8% retracement levels, offering opportunities for tactical entries during pullbacks. Stop-losses should be placed beneath the 78.6% or 100% retracement thresholds to manage downside risk. For traders eyeing profit-taking strategies, reversals are likely near the 0% and 23.6% zones, aligned with near-term resistance bands observed on all timeframes.
Bull Verdict:
If bitcoin maintains support above $85,000 and secures a decisive hourly or four-hour close above $85,233—particularly with volume acceleration—a retest of $86,500 to $88,500 becomes highly probable. The presence of bullish signals on the momentum indicator and moving average convergence divergence (MACD), coupled with bullish structure on shorter timeframes and strengthening exponential moving averages (EMAs), supports a continuation toward the upper resistance at $89,000. The bullish case strengthens if the daily chart confirms a close above $86,000.
Bear Verdict:
Should bitcoin fail to hold the $84,000 support level, especially under rising sell volume, the upward momentum would be invalidated and the price could revert to testing lower support zones around $83,000 and potentially $81,138. The majority of long-term exponential and simple moving averages (including the 50, 100, and 200-period levels) are still aligned in sell territory, indicating that macro bearish pressure persists. Neutral oscillators further emphasize that bitcoin remains vulnerable to downside risk if volume fails to accompany any breakout attempts.

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Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week.

DEX Volume Wars
Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over $14 billion in weekly trading volume and a 58.04% increase, Pancakeswap has overtaken Uniswap as the leading decentralized exchange,” the account noted.

Pancakeswap originated on the Binance Smart Chain (BSC), debuting in September 2020 as its foundational platform. Since its inception, the protocol has broadened its ecosystem to integrate Ethereum, Polygon, ZKsync Era, Linea, Base, Arbitrum One, and Aptos. However, the BSC continues to serve as its principal network, maintaining predominant adoption across its user base.

Defillama metrics on March 23, 2025.
Analytics aggregated by defillama.com corroborates this trend, with Pancakeswap maintaining dominance. The DEX registered a 60.72% growth this week, whereas Uniswap experienced a 43.93% decline. Over the past 24 hours, Pancakeswap achieved $1.41 billion in transaction volume, outpacing Uniswap’s $674.38 million. Seven-day data from defillama.com further highlights Pancakeswap’s $14.894 billion in volume, contrasting with Uniswap’s $8.291 billion.
Pancakeswap outperformed Uniswap in February by generating $81.95 billion in volume, eclipsing Uniswap’s $78.37 billion. However, Uniswap retains an edge in March, amassing $45.86 billion compared to Pancakeswap’s $35.91 billion, a significant portion of which accrued within the latest seven-day window. The latest shifting dynamics between Pancakeswap and Uniswap highlight the fluid nature of decentralized finance (DeFi).

#binance #wendy #bitcoin #pancakeswap $CAKE $BNB

On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million.

14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses
At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.5 million—to four separate Pay-to-Script-Hash (P2SH) addresses. The legacy wallet, identified as “12znK,” was first created on Aug. 2, 2011, roughly 13 years and seven months ago.

The new wallets now each contain 24.99 BTC following the transfer. The linked 100 bitcoin cash ( BCH)—valued at $32,460—remains inactive. While it was first active on Aug. 2, 2011, the 12znK wallet initially received just 1 BTC during its creation.
Nearly two weeks later, on Aug. 14, 2011, an additional 99 BTC flooded into the address. At the time of the first deposit, bitcoin’s value hovered at $13.09 per unit, though it dipped to roughly $10.13 per BTC by the second transaction.
Collectively, the wallet’s holdings then amounted to $1,015.96, a figure that dwindled to $425 by Dec. 31, 2011, as prices fluctuated. Over the intervening years, the accumulated BTC has yielded a staggering 836,493% return on investment.
Per Blockchair’s privacy assessment tool, the recent transfer garnered a privacy rating of 50/100, penalized for its swept transaction structure and recurring use of identical input addresses.
Though dormant bitcoin wallets from 2009 remain the Holy Grails for onchain sleuths tracking vintage transactions, those from 2010, 2011, and even 2012 have grown increasingly scarce in contemporary markets.
#Binance #wendy #Bitcoin $BTC

Tether, the world’s largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether’s CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion.

Tether Listens toTrump’s ASAP Stablecoin Mandate in Pursuit of Big Four Validation
This week, a Reuters report detailed that Paolo Ardoino revealed the company is in discussions with a prestigious accounting firm to scrutinize the reserves underpinning tether ( USDT). This development arrives as the stablecoin’s market presence continues to draw heightened public attention. The Tether boss noted that the audit is now easier to get accomplished with Donald Trump as the U.S. President.
“It’s our top priority,” Ardoino told Reuters reporter Hannah Lang. “Now we are living in a landscape where it’s actually feasible.” Ardoino’s remarks arrive on the heels of Trump’s attendance at the Digital Asset Summit earlier this week. Trump pressed Congress to expedite the enactment of legislation crafting definitive regulatory frameworks for stablecoins.
“If the President of the United States says this is top priority for the U.S., Big Four auditing firms will have to listen, so we are very happy with that,” Ardoino explained to Lang on Friday.
Tether’s pursuit of a Big Four audit, coupled with Trump’s regulatory urgency, signals a strategic alignment between crypto’s institutional ambitions and political momentum. As Ardoino frames regulatory clarity as a catalyst for legitimacy, the convergence of corporate pragmatism and presidential prioritization could redefine stablecoins’ role in global finance.

#binance #wendy #bitcoin #tether $BTC $ETH $BNB

Scammers are forging arrest warrants for missed jury duty, demanding payment in bitcoin and gift cards. They use realistic court-style documents and urgent threats to exploit fear of arrest.

Court Warns of Forged Arrest Warrants Tied to Bitcoin Demands Over Missed Jury Duty
The U.S. District Court of the Western District of Virginia announced on March 21 that a fraudulent scheme involving counterfeit arrest warrants is circulating in the region. The scam, which targets individuals under the guise of missed jury duty, uses forged documents that resemble official U.S. District Court forms and falsely claim to originate from the Eastern District of Virginia.
The court’s statement described how the perpetrators instruct targets to send money using methods that are difficult to trace or reverse. As outlined by officials:
The scammers demand payment by bitcoin, gift cards, or bank account information to resolve the issue.
“Please be advised that the United States district courts do not issue arrest warrants for failing to appear for jury duty unless you actually have been summoned for jury duty and fail to appear,” the court noted. This scam appears to prey on individuals’ fear of legal consequences by presenting forged documents and demanding immediate payment under threat of arrest.
Court officials urged anyone receiving suspicious documents—especially those referencing bitcoin, gift cards, or phone-based payments—to contact the Western District of Virginia directly to verify authenticity. The court warned:
If you receive an arrest warrant or other document purportedly from the United States district courts that demands money, particularly bitcoin and gift cards with payment by phone, please contact the United States District Court for the Western District of Virginia to confirm its legitimacy.
With similar scams on the rise nationwide, authorities continue to caution the public against sharing financial information in response to unsolicited legal threats.

#binance #wendy #bitcoin $BTC

A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates.

UAE Has Highest Crypto Ownership Rate Globally
According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern country is marginally ahead of second-ranked Singapore (97.5) and more than ten points ahead of the United States, which claimed the third spot with a score of 85.4.
The UAE’s top ranking comes against the backdrop of what the study report described as the country’s minimal Bitcoin ATM infrastructure. For context, the study indicates that the third-ranked United States has 29,834 ATMs, while the UAE is listed as having only one. However, despite this, the UAE’s crypto ownership rate of 25.3%, combined with its adoption rate of 210%, was enough to secure the top spot.
Commenting on the study’s findings, Nick Cooke, the CEO of Atmos, said:
Cryptocurrency adoption is not just about investment trends. It is reshaping financial systems worldwide. In some regions, it is a hedge against inflation and currency instability, while in others, it is a step toward a more digitized economy. What truly drives adoption is not just interest but accessibility. When regulatory clarity, payment integration, and real-world utility align, crypto moves from speculation to a fundamental part of everyday transactions.
Meanwhile, Canada, which boasts the second-highest number of Bitcoin ATMs (3,561), is ranked fourth with an overall score of 72. This score is attributed to its crypto ownership rate of 10.1% and an adoption rate of 225%. In Turkey, where economic uncertainty is spurred by a depreciating currency, the crypto ownership rate is the third highest (19.3%). However, the country’s low adoption rate, coupled with a meager number of Bitcoin ATMs (7), resulted in a score of 67.8, making it the fifth most crypto-friendly country.
Despite having a double-digit (11.5%) crypto ownership rate, Switzerland’s adoption rate of 90%, the lowest among the top-ranked countries, resulted in a score of 58.1. According to the study report, seventh-ranked Switzerland’s low adoption is indicative of a “maturing market rather than emerging adoption.”
South Korea, widely seen as a tech-forward nation, could only muster a score of 52.2, the lowest among the top-ranked countries. The study attributes this to the Asian country’s limited physical infrastructure.

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A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors.

Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam
The U.S. Department of Justice (DOJ) announced on March 21 that Gotbit Consulting LLC and its founder Aleksei Andriunin pleaded guilty in federal court in Boston to wire fraud and conspiracy charges tied to a years-long cryptocurrency market manipulation scheme.
Andriunin, a 26-year-old dual national of Russia and Portugal, was arrested overseas in October 2024 and extradited to the United States the following February. The firm, which operated as a market maker in the crypto sector, admitted to engaging in fraudulent trading activity for multiple digital tokens.
The DOJ stated:
As part of today’s criminal resolution, Gotbit agreed to cease all operations and forfeit approximately $23 million in seized cryptocurrency. Pursuant to the plea agreement with Andriunin, the government will recommend a sentence of up to two years in prison.
Federal prosecutors disclosed that between 2018 and 2024, Gotbit used wash trading strategies to simulate trading activity, inflating volume and price to deceive investors and platforms. The company used multiple accounts to avoid detection and promote client tokens such as Robo Inu and Saitama, both of which are now under separate investigation. Andriunin previously acknowledged developing custom software for this purpose in a 2019 interview.
According to the DOJ: “Gotbit is the third market maker to resolve criminal charges relating to wash trading in the cryptocurrency industry.” The department further stated: “In October 2024, the founder of Mytrade pleaded guilty in connection with providing an unlawful wash trading service identified through an undercover law enforcement operation. In January 2025, CLS Global FZC LLC pleaded guilty in connection with offering illegal ‘volume support’ services uncovered by the same operation.”
The charges carry potentially severe penalties. The DOJ explained:
The charge of wire fraud provides for a sentence of up to 20 years in prison, up to three years of supervised release, a fine of up to $250,000 or twice the gross gain or loss from the offense, restitution and forfeiture.
In addition, the Justice Department said: “The charge of conspiracy to commit market manipulation and wire fraud provides for a sentence of up to five years in prison, up to three years of supervised release, a fine of up to $250,000 to twice the gross gain or loss from the offense, restitution and forfeiture.”

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A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance.

Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role
According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or ethereum ( ETH), are likely to have a “significant impact” on the international financial system. Ming cites stablecoins’ “link” to the U.S. dollar, a sovereign currency, which he said gives these digital assets the characteristics of the greenback.
In a recently published op-ed, Ming, who also serves as the deputy director of the National Finance and Development Laboratory, asserts this U.S. dollar link is further extending the greenback’s hegemony. To illustrate, Ming points to the use of stablecoins as a store of value by residents and businesses in countries battered by inflation.
The deputy director also cited the use of U.S. dollar stablecoins to provide liquidity support in the decentralized finance (DeFi) ecosystem as another example of these digital currencies playing a role in strengthening the international currency status of the U.S. dollar. Observers believe the likely passage of stablecoin bills by the U.S. Congress will further enhance their role in bolstering the U.S. dollar
As has been reported by several media outlets, including Bitcoin.com News, some U.S. lawmakers are seeking to pass legislation that would compel stablecoin issuers to back stablecoins with U.S. Treasuries only. Some opponents of this move insist the passage of such legislation would be detrimental to Tether, the issuer of the largest stablecoin by market capitalization, USDT, or tether.
Countering Dollar Hegemony With e-SDR
Other critics, however, believe the enactment of laws compelling stablecoin issuers to hold U.S. Treasuries ensures the dollar hegemony is maintained. Tether CEO Paolo Ardoino has repeatedly said that his company, which holds billions of dollars in U.S. debt, is already playing its part in furthering this goal.
However, Ming believes China can counter attempts to extend the dollar into the digital currency realm by issuing its own stable currency. He also suggested expanding the use of the digital yuan on Chinese internet platforms to increase the renminbi’s (RMB) international currency status.
Meanwhile, Ming said China should encourage the trial and promotion of digital special drawing rights (e-SDR) at the level of the International Monetary Fund (IMF). Implementing an e-SDR could upend attempts to make the U.S. dollar the most important currency in the digital currency ecosystem.
“The flourishing of various digital currencies is naturally better than the U.S. dollar monopolizing the development track of digital currencies. e-SDR can expand the use of supranational reserve currencies in the digital field and virtual space, and also help promote the diversification of the international monetary system,” Ming said.
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Ripple says the SEC has no power over most crypto assets, demands law-first clarity, and celebrates a pivotal legal retreat.

Ripple Pressures SEC to Abandon Enforcement Tactics After Key Legal Breakthrough
Ripple submitted its response Friday to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force, urging the agency to shift away from past enforcement-centric strategies and instead adopt clear, legally grounded guidance. The company criticized the SEC’s prior actions for generating uncertainty and misapplying securities law to digital assets. Ripple wrote:
To state it even more plainly, the SEC lacks authority over most digital assets and, in turn, most transactions involving digital assets.
The letter was signed by Stuart Alderoty, Chief Legal Officer; Sameer Dhond, Ripple General Counsel; and Deborah McCrimmon, Deputy General Counsel.
Alderoty reinforced Ripple’s position on social media platform X, stating: “Today, Ripple submitted its response to Commissioner Hester Peirce’s Feb. 21 statement: ‘There must be some way out of here,’ calling for public input on crypto taxonomy rules. That Dylan lyric continues: ‘There’s too much confusion, I can’t get no relief.’ The prior administration thrived on confusion to mask its failure to follow the law. We urge the SEC’s Crypto Task Force to stay focused: return to first principles, stay within its statutory bounds, and finally bring relief through clarity.”
Ripple praised recent SEC staff guidance on meme coins and proof-of-work mining, calling them concise examples of how the agency can provide effective oversight within existing legal frameworks.
The crypto firm also addressed how decentralized finance functions should be viewed under federal securities laws. It argued that staking and yield mechanisms operating on public blockchains are materially different from securities. The letter states:
There is an opportunity for the Commission to confirm now what is clear: arrangements for earning yield directly from the programmatic functioning of a public, permissionless network should not be considered securities.
“Such arrangements do not involve an investment with a definable counterparty, unlike traditional securities, which are premised on a contractual agreement between an investor and an issuer who undertakes managerial efforts to generate profits,” Ripple emphasized. The firm reiterated its support for safe harbor provisions and regulatory sandboxes and noted that its submission follows the SEC’s decision to drop its appeal in the ongoing legal dispute involving Ripple and XRP.

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Plan B stated that he doesn’t see a bear market appearing anytime soon, given that bitcoin has doubled its price every year since 2023, breaking the 4-year cycle for this metric and signaling a new maturity for the market surrounding the asset.

Plan B Calls Out Bitcoin Naysayers, Bear Market Not In The Horizon
Plan B, the pseudonymous bitcoin analyst known for his description of the stock-to-flow (S2F) price prediction, came out to debunk the predictions of an upcoming bear market. He stated that, according to his analysis, the numbers did not support the existence of such a market, given that bitcoin has been accruing value yearly since 2023.
Plan B remarked that since 2023, bitcoin has at least doubled in price every year, doubling from $20k to $40k in 2023 and from 40k to $80k in 2024. In this sense, he commented that this trend might continue in the future, as the market matures with the introduction of institutional holders that are bringing more stability to the otherwise volatile bitcoin market.
He explained:
What if this steady uptrend continues, from $80k to $160k in 2025, to $320k in 2026, to $640k in 2027 etc? Yes such a scenario would mean the end of the 4-year cycle, earlier than I expected tbh, but it would fit a more mature market.
Matt Hougan, CIO of Bitwise, also referred to this possibility in the past, referring to the new stability that value buyers would give the bitcoin market, making upswing and pullbacks less violent.
Plan B dismissed the notion that this new phase of market maturity would affect the validity of his trademark S2F price model, stating that this behavior falls under its possibilities. “(80k+160k+320k+640k)/4=300k average. This is (just) within S2F range of 250k-1m. Also, this is way above most other models,” he stressed.
In February, Plan B’s movement to Bitcoin ETFs sparked an uproar from the bitcoin community, who rejected his use of these instruments to substitute on-chain bitcoin. “Not having to hassle with keys gives me peace of mind. I guess I am not a maxi anymore,” he concluded at that time.

#binance #wendy #bitcoin $BTC

A federal court has ordered the recovery of over $2.3 million after a fraudulent digital asset scheme tricked investors with fake trading accounts and stole their funds.

Fake Trading Platform Busted: Court Orders Fraudsters to Repay Victims
A federal court has ordered the recovery of nearly $2.3 million for victims of a fraudulent digital asset trading scheme operated by Debiex. The U.S. District Court for the District of Arizona issued a default judgment on March 13, holding Debiex accountable for misappropriating customer funds. According to an announcement by the U.S. Commodity Futures Trading Commission (CFTC):
The order bans Debiex from trading in any CFTC regulated markets or registering with the CFTC. It also requires Debiex to pay a $221,466 civil monetary penalty and over $2.2 million in restitution.
The ruling follows a complaint filed by the CFTC, which accused Debiex of running a scam that deceived investors into believing they were participating in legitimate digital asset trading.
The court also took action to recover additional funds held by relief defendant Zhāng Chéng Yáng, a money mule whose digital asset wallet contained misappropriated customer funds. On March 12, a separate order directed that approximately $120,000 worth of digital assets still in Zhang’s wallet be returned to the victim from whom they were stolen.
According to the CFTC, Debiex tricked customers into depositing funds into fake trading accounts, only to steal their money. The agency detailed: “Instead of using the funds to trade on behalf of the customers, as promised, Debiex misappropriated the customers’ digital assets.” The CFTC further noted:
Unbeknownst to the customers, and as alleged, the Debiex websites merely mimicked the features of a legitimate live trading platform and the ‘trading accounts’ depicted on the websites were a complete ruse. No actual digital asset trading took place on the customers’ behalf.
While the court has ordered restitution, the CFTC warns that recovery is not always guaranteed, as wrongdoers may lack sufficient assets. The agency continues to encourage investors to verify firms before committing funds and report fraudulent activity to authorities.

#binance #wendy #bitcoin $BTC