Ex-Celsius CRO Roni Cohen-Pavon to Forfeit Over $1M Ahead of Sentencing

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Roni Cohen-Pavon, former CRO of defunct crypto platform Celsius, to forfeit $1.07M as part of plea deal for fraud and price manipulation; sentencing pending with potential reduction for cooperation.

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Roni Cohen-Pavon, former CRO of defunct crypto platform Celsius, to forfeit $1.07M as part of plea deal for fraud and price manipulation; sentencing pending with potential reduction for cooperation.

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A Bank for International Settlements (BIS) study reveals dollar-backed stablecoins are fostering 'digital dollarization' in emerging markets, largely bypassing capital controls. This trend, driven by macroeconomic stress, challenges traditional monetary policy and necessitates new regulatory tools, despite offering financial access.

Cointelegraph

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Strategy Sells Stock to Boost Cash Reserve, Pauses Bitcoin Purchases

Strategy, led by Michael Saylor, sold $263.5 million in common stock last week to expand its cash reserve to $3.225 billion, rather than buying more Bitcoin. This marks a four-week pause in BTC purchases, impacting quarter-to-date performance metrics negatively.

CryptoSlate

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Developing·3 hours ago

BitMine Slows ETH Purchases, Prioritizes Share Buyback Nearing 5% Ethereum Supply Target

BitMine has slowed its Ethereum (ETH) purchases, adding only 7,430 tokens last week, to prioritize a $85.9 million share buyback. The company is now 95.7% towards its goal of owning 5% of Ethereum's supply, needing 257,532 more ETH, but plans a gradual approach.

CryptoSlate

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Ex-Celsius CRO Roni Cohen-Pavon to Forfeit Over $1M Ahead of Sentencing

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