• The Department of Justice has charged a Nevada man involved in a $45 million CoinDeal crypto scheme.
• Treasury sanctions Huriya CEO’s Tether address over Russia connections.
• Worldcoin faces privacy concerns as iris scan black market emerges for biometric verification.

DOJ Charges Nevada Man Involved in $45M Crypto Scheme

The Department of Justice (DOJ) recently charged a Nevada man allegedly involved in a $45 million cryptocurrency fraud scheme involving the cryptocurrency exchange, CoinDeal. According to the complaint, the accused was part of an international conspiracy that tricked investors into buying coins without disclosing their true identities or source of funds.

Treasury Sanctions Huriya CEO’s Tether Address Over Russia Connections

The U.S. Treasury recently sanctioned the Tether address of Huriya CEO Dmitry Ananyev over his connections with Russia’s intelligence services and its attempts to interfere with American elections through illicit finance networks. This is the first time that a specific address belonging to an individual has been targeted for sanctions by the Treasury and serves as a warning to other individuals and entities who may be engaging in similar activities.

Worldcoin Faces Privacy Concerns After Iris Scan Black Market Emerges

The privacy-focused cryptocurrency Worldcoin has come under scrutiny after reports emerged that a black market for iris scans had sprung up around it, allowing users to bypass traditional identity verification processes when purchasing items online or trading on exchanges. The scans can be used to create virtual identities that make it difficult for authorities or companies to track transactions or verify users’ real identities, raising concerns about potential criminal activity being facilitated by Worldcoin users.

Cardano’s Hoskinson Calls Ethereum Classic ‚Scam‘ After Ergo Exclusion From Proof-Of-Work Summit

Cardano founder Charles Hoskinson recently called out Ethereum Classic (ETC) as “a scam” after its exclusion from the upcoming Proof-of-Work Summit due to its developers’ refusal to accept changes proposed by Cardano’s Alonzo upgrade protocol. Hoskinson took issue with ETC’s stance on accepting changes from Cardano, stating that “it sends an extremely dangerous message globally that you don’t have to take responsibility for your security if you don’t want—you can just ignore it and go on your merry way” which he argued was unacceptable behavior for any blockchain network regardless of size or stature .

Tether Partnership Allows Small Argentinian Businesses To Accept USDT

Tether has entered into partnership with fiat on and off ramp solution KriptonMarket which will allow small businesses in Argentina to accept payments in USDT. The partnership comes at a critical time when the country is facing sky high inflation of 104%. Under this collaboration, merchants at Central Market of Buenos Aires will be able pay bills and some employee salaries using USDT thereby helping them overcome economic hardship amid high inflation levels.

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