Bitcoin millionaires, OpenSea received notice, Scammer from South Korea, Elon Musk, Tesla and dogecoin, U.S. House and crypto

Review of the past week:

August 27, 2024

The number of Bitcoin millionaires has reached 85,400 people

The number of crypto millionaires has doubled over the past year to 172,300 people. Read more

August 28, 2024 OpenSea has received a Wells notice from the SEC

Opensea, the largest NFT exchange, has received a notification from the SEC – the regulator believes that NFTs on the platform are securities. Read more

August 29, 2024 In South Korea, a 40-year—old man was arrested for defrauding investors of $ 12,000,000

To avoid arrest, he underwent plastic surgery to change his appearance.The scammer deceived 158 people by promising a monthly income of 18% from investments in an allegedly operating cryptocurrency mining business. Read more

August 30, 2024 Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin

Elon Musk and his electric vehicle company Tesla, won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses. Read more

August 30, 2024 U.S. House Committee Plans for Heap of Crypto Hearings in September

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and “pig butchering” in a series of hearings the panel is set to schedule for next month. Read more

 

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FYBIT team