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queensland Police have taken action against an alleged crypto investment fraud operating on the Gold Coast, resulting in the arrest and charging of four individuals. The investigation, led by the Financial and Cyber Crime Group Money Laundering Unit, began in July 2022, according to a report from Australian news outlet 9News. The search focused on companies including Crypto Advisers Australia, Strategic Capital, Active Marketing Solutions, and Alternative Capital, which were suspected of engaging in fraud and money laundering activities. Police Apprehend Two Men and Two Women The breakthrough in the case came on March 11 and 12, when police apprehended two men and two women tied to the scam. Prior to the arrests, search warrants were executed at multiple locations across the Gold Coast. Following a thorough investigation, a 46-year-old man from North Brisbane was charged with four counts of fraud and one count of knowingly participating in money laundering.  He made his initial appearance at Brisbane Magistrates Court on March 25 and is expected to return on May 27. Additionally, a 36-year-old man from the Gold Coast, along with two women aged 37 and 63, were each charged with one count of money laundering. All three individuals are scheduled to appear before Southport Magistrates Court on April 29 According to authorities, the group orchestrated a Ponzi scheme, defrauding approximately 30 victims between 2018 and 2021. The scam relied in part on cold calls to unsuspecting individuals. Police claim that the perpetrators laundered over $1.5 million through various means, including cryptocurrencies, precious metals, luxury vehicles, and real estate, in an attempt to conceal the illicit origins of the funds. “People should seek professional advice from a registered financial planner to understand the legitimacy of the investment, what their expected returns are, and the risk involved,” Detective Acting Inspector Steve Paskin. #write2earn🌐💹
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What’s Happening In Crypto Today? Daily Crypto News Digest In crypto news today: Why is crypto down today? Anchorage Digital Launching Crypto Settlement Network 260,000 Users and 250M NFT Mints Expected from SKALE-Virtualness Partnerships Fake Bomber Sentenced to Three Years of Probation Why is crypto down today? The global cryptocurrency market capitalization today stands at $2.43 trillion. It is a 3.2% decrease over the past 24 hours, according to CoinGecko.  Among the top 100 coins per market cap, only five have seen their prices increase. Ribbon Finance (RBN) is leading this list. It’s up 23% to $1.14. WhiteBIT Coin (WBT), Lido DAO (LDO), Kaspa (KAS), and Bitget Token (BGB) are also on this green list. On the other hand, CORE’s price fell the most: 10.5% to $2. PEPE and FLOKI are down nearly 10%. As for the top 10 coins per market cap, they are all red today. Source: CoinGecko The highest drop here is Solana (SOL)’s drop of 6.2% to $134.84. Toncoin (TON)’s fall of nearly 6% to $5.24 is next, followed by Dogecoin (DOGE)’s 5.8% decrease to $0.1414. Bitcoin (BTC) declined by 2.6%, currently trading at $62,255, while Ethereum (ETH) went down 4.1%, changing hands at $3,182. Meanwhile, Ethereum gas fees saw a significant drop to $1.12 – their lowest levels in six months. Analysts from crypto analytics platform Santiment suggest that this decline could be a signal for an upcoming altcoin rally. Also, Australia’s main market operator, ASX, is on track to greenlight the country’s first spot-based Bitcoin ETFs by the end of 2024. A spokesperson told Cryptonews that the operator is discussing crypto-based ETFs with “a number of” interested issuers.#write2earn🌐💹
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Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break. The company is starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains, according to a report from TechCrunch. The news of Stripe’s reentry into crypto payments was unveiled by the company’s co-founder and president, John Collison, at the Connect developer conference held in San Francisco. Collison emphasized the improved stability and user experience that stablecoins offer. Stripe’s history with cryptocurrency has been a delicate dance, balancing its disruptive fintech roots with the need for stability. The company has always sought to be at the forefront of discussions surrounding blockchain-based technologies and their impact on financial services. However, it has also been cautious not to compromise its position as a reliable and responsible financial powerhouse. Stripe processed a staggering $1 trillion in transactions last year and continues to grow, with a current valuation of $65 billion. In 2014, Stripe dipped its toes into the world of cryptocurrency with tests involving Bitcoin, the pioneering digital currency. However, in 2018, the company decided to halt its support for Bitcoin due to its volatility and lack of suitability as a means of exchange. Stripe acknowledged that Bitcoin had become more of an asset than a practical form of payment. Stripe’s relationship with cryptocurrency took another turn in June 2019 when it became a founding member of the Libra project spearheaded by Facebook. However, within a few months, Stripe, along with other prominent companies, withdrew its support for Libra, citing a continued interest in projects that promote accessible online commerce worldwide but expressing openness to collaborating with the Libra Association in the future.#write2earn🌐💹
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SMOLE, BONK, HUMP, BOME, WIF Early Adopters Rushing to HOOT.COOL Hailed as the New Gem of Solana With the Bitcoin halving completed, and all altcoins rallying back to new all-time high prices Solana just launched a brand new owl-themed meme coin named HOOT.COOL If you missed out on the recent successful Solana Meme Coin Pre-sale and Launch, this is your chance to do 1.5X in 12 days with Hoot Meme Coin, as they list on Raydium in 12 days. PRE SALE IS LIVE!!! HOOT.COOL OWL THEMED SOLANA MEMECOIN 1.5X Listing on Radium Guaranteed. 2.5X listing on exchanges in 18 days Follow the Below Link to BUY $HOOT make your research before investing #write2earn🌐💹
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