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TETHER DESTROYS $225M SCAM FUNDS, HIGHLIGHTS BLOCKCHAIN POWER On June 18, Tether destroyed $225 million in seized funds following a "pig butchering scam" forensic investigation conducted in collaboration with the @SecretService, @ FBI, @Tether_to, and @Coinbase "Pig butchering" scams involve scammers building trust with victims - "fattening" - through prolonged, often romantic or financially enticing communication, before stealing their funds. Victims can now file claims with the FBI’s Internet Crime Complaint Center at ic3.gov, using the code “BT06182025” in the narrative. This event highlights why blockchain’s transparency is essential for the future of major financial institutions. Safeguard your organization from illicit actors by using our Illicit Database. blockchainbureau.com
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IMF warns that Trump's tax bill will make debt reduction difficult in the medium term The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the coming years. Speaking at a briefing in Washington, IMF spokeswoman Julie Kozack said the proposed legislation appears to run counter to efforts aimed at curbing federal debt over the medium term. Kozack emphasized that initiating deficit reduction sooner would allow for a more gradual and manageable path toward fiscal sustainability. The IMF examines Trump’s bill and its potential impact on the US economy The IMF, which is responsible for keeping an eye on the global economy, has repeatedly stated that the US should lower public borrowing over time, Kozack said. To achieve this, the IMF advised the country to effectively cut down debts compared to its gross domestic product, a widely used measure to assess debt sustainability. Although the term “Medium term” can be defined in various ways, the IMF, which is based in Washington, frequently refers to a time of five years. Today, the House voted on a Senate bill that, as the Congressional Budget Office reported, will increase the deficit by $3.3 trillion. Meanwhile, the IMF is carefully looking into the bill and its potential impact on the US economy, and will release a fresh forecast for the United States and global economy in an update of its World Economic Outlook this month, Kozack said. Lawmakers eye a financial strategy to make Trump’s 2017 income tax cuts permanent As for that One Big Beautiful Bill, the Congressional Budget Office (CBO) analysis revealed a drop of $4.5 trillion in revenue and a cut of $1.2 trillion in spending by 2034, compared to what current laws predict. The Senate bill, at the request of Republicans, was also estimated to save $507.6 billion over ten years compared to the current policy baseline. #IMF
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any one tell me when will that listed and when SATU convert to ATU?#TrumpVsMusk
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#NXPC .money flow data of nxpc usdt.#NFPWatch $BTC #TrumpVsMusk
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