Cryptocurrency News Today TheBitTimes.com

For the first time in two years, Elon Musk’s Tesla has transferred all of its $760 million worth of Bitcoin assets from its public wallet. According to Arkham Intelligence data revealed Wednesday, the firm carried out multiple transactions to move its holdings out of its existing wallet. The move caused the BTC market to stir, with the asset reaching $67,0000 shortly after. Tesla transferred $75.18 million, $76.08 million, and $77.16 million in the first three significant transactions. This reportedly happened in quick succession. While the firm sent $76.08 million and $77.16 million to the same anonymous wallet, Tesla transferred $75.18 million to another unidentified wallet. So far, none of the Tesla Bitcoin have made it to exchange wallets or were swapped for stablecoins. This raises the question of why the Musk-founded company decided to make this move after two years of hoddling. The electric carmaker as of the time of the move was the fourth-largest corporate holder of bitcoin, ...

Irina Dilkinska entered a guilty plea weeks after OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison for a multi-billion dollar crypto pyramid scheme. OneCoin’s head of legal and Compliance, Irina Dilkinska, pled guilty to charges of wire fraud and money laundering before a Manhattan court on Nov. 9, according to a statement from Damian Williams of the U.S. Attorneys office for the South District of New York (SDNY). As OneCoin’s so-called ‘Head of Legal and Compliance’ Irina Dilkinska accomplished the exact opposite goal of her position.  As she has now admitted, Dilkinska facilitated the laundering of millions of dollar s of illicit profits OneCoin accrued through its multi-level marketing scheme. Damian Williams, U.S. Attorney for SDNY You might also like: Princess Diana’s law firm to file a lawsuit against OneCoin The court reportedly scheduled Dilkinska’s sentencing for February 2024. Dilkinska could spend up to 10 years in prison fo...