Reading Time: 2 min Coffeezilla, a famous YouTuber and cryptocurrency investigator, has exposed the alleged fraud behind Safemoon. The creators of Safemoon have now been indicted by the US Department of Justice for conspiracy to commit wire fraud, wire fraud, conspiracy to commit securities fraud, and securities fraud. If convicted, they could face up to 20 years in prison.
Reading Time: 2 min Richard Heart, the founder of the cryptocurrency HEX, was arrested by the SEC on fraud charges. Heart was known for his extravagant lifestyle and his willingness to flaunt his excessive wealth. He would often post pictures of himself on social media wearing expensive clothes, jewelry, and watches. He also owned a fleet of luxury cars, including a Bugatti Chiron and a Rolls-Royce Phantom.
Reading Time: < 1 min Worldcoin is a new cryptocurrency that aims to create a global digital identity. The project has been met with both excitement and skepticism, with some people praising its potential to improve financial inclusion and others raising concerns about its privacy implications. Worldcoin’s price has been on the rise in recent days, and it is currently in the alpha testing phase. It is not yet clear when it will be released to the public.
Reading Time: 2 min Elon Musk has announced that he is changing the name of Twitter to X. The move is part of Musk’s plan to make the platform a more open and free speech-friendly environment. It is not yet clear what other changes Musk plans to make to Twitter, but the name change is a clear indication that he is looking to make significant changes to the platform.
Reading Time: < 1 min Worldcoin, a cryptocurrency project that uses iris scanning technology to create a global identity system, launched its mainnet on July 24, 2023. The native WLD token was listed on major exchanges, and its price surged on its first day of trading. The rise in price of WLD could be seen as a positive sign for FTX creditors, as Sam Bankman-Fried, the CEO of FTX, is one of the angel investors in Worldcoin.
