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EL YHY
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$TON
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🌴Nauru Goes Full DeFi 🏝Tiny island, big crypto moves: Nauru just passed a bill to regulate crypto with its own watchdog, the Command Ridge Virtual Asset Authority (CRVAA). 💼VASPs can now get licensed to run exchanges, issue tokens, and even launch stablecoins — all from this 21km² island in the Pacific. 💸President’s goal? Attract investment, jobs, and financial innovation to boost Nauru’s struggling economy. 🌐Nauru joins the offshore club with Cayman & Vanuatu — but adds its own twist: crypto = commodity, not security. 🧠Fun fact: SBF’s brother once wanted to buy Nauru and build a bunker there. Didn’t work out — but crypto still found a way in. $USDC
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#TradingTypes101 ➡️Mango Heist Twist: Eisenberg Convictions Tossed 💥A U.S. judge just threw out major convictions against Avraham Eisenberg, who drained $110M from Mango Markets. 🔄Judge Subramanian ruled prosecutors failed to prove Eisenberg made materially false claims. 🔓Convictions for commodities fraud & market manipulation? Vacated. One more charge? Acquitted. 📈Eisenberg had pumped MNGO 1,300% in minutes, then used it as inflated collateral to rug the protocol. 🤯Legal W? Maybe. But the case just rewrote the playbook on DeFi exploits and courtroom gray zones.
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#CEXvsDEX101 🏠Bergen County Goes Full DeFi on Deeds 🔗Bergen County just signed a 5-year deal with Balcony to tokenize 370,000 property deeds on Avalanche. 💰That's $240B worth of real estate hitting the chain—the biggest deed tokenization project in U.S. history. ⚡️Expect 90% faster processing, less fraud, and no more dusty filing cabinets. 🧠Balcony's not stopping there—they’re already eyeing other NJ counties (and maybe your hometown next?).
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🐷Funnull Busted for $200M "Pig Butchering" Scam 💻Funnull allegedly powered hundreds of thousands of scam sites used in fake crypto investment schemes. 💸Over $200M lost by U.S. victims—now the Treasury’s OFAC has dropped sanctions on the Philippines-based firm and its admin Liu Lizhi. ⚠️The ops were classic “pig butchering” scams: gain trust, fatten wallets, then rug pull hard. 🔒The U.S. is cracking down hard on the digital infrastructure behind cyber fraud. ➡️Just a reminder—if it smells too good to be true, it’s probably Funbull. #BTC $BTC
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It's easier to name people who were betting on $BTC's crash than naming the ones who were pro-$BTC since $20k-$30k... 👀 #BTC
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