Iranians were able to access more than 1,500 Binance accounts last year, and $1.7 billion was transferred from two of them to terrorist proxies, The New York Times reported Monday.
Crypto
Best Cryptocurrency for Gains in 2025, It’s Not SHIB or PEPE
The cryptocurrency market is evolving, and with that, there are always investors who are tuning in to catch in with the next level that seems to have high returns on it. With many tokens trending in the media like Shiba Inu and PEPE, a newcomer in the crypto space that appears very promising is Rexas Finance (RXS).
This developed platform is primarily oriented toward tokenizing Real World Assets (RWA) and thus serves as an internal leader in the industry. This is the reason why Rexas Finance is also one of the reasons on the list as to why Rexas Finance would be the best cryptocurrency to invest in 2025 with a 20x return.
Rexas Finance Explained And What Sets It Apart From Its Competitors
Fundamentally, Rexas Finance is a blockchain-based application that seeks to accelerate the process of tokenization of physical assets and broaden its accessibility to the public. The platform intends to expand the audience of tokenized asset ownership by combining the simple interface with the functional ecosystem for the development, maintenance, and trading of such tokens.
In contrast to most of these cryptocurrencies that have come up where a majority are gambling capably, Rexas Finance is more application-oriented than speculation-oriented. Rexas Finance has great prospects because it has the power to change the entire economy.
The platform not only solves the efficiencies that are usually a matter of complications in asset tokenization but also makes it easier to do business. This also examines ways in which new investments can be drawn. The focus on diversity and creativity is what makes Rexas Finance a darling of investors, especially those chasing high returns.
The Market Gaps Rexas Finance Addresses
Liquidity is one of the major problems existing in more mature and traditional asset markets. Very high-valued assets such as art and real estate have long transaction cycles and narrow transaction markets, which induce price cuts when one wants to sell before the market period is over.
This problem is addressed by Rexas Finance since it allows for fractional ownership using tokenization. The platform offers smaller fractions in barrels by subdividing the asset into cheaper and reasonable tokens, increasing the chances of investment in such boom markets.
On top of that, many investment opportunities have very high entry barriers and are usually available to rich people only. This dream vision is turned into reality with Rexas Finance by removing these barriers. It enables people to invest in opportunities that used to be available only to the rich.
Making the market accessible for more users and cheap to use
In the case of its trading platform, Rexas Finance uses the internal advantages of the blockchain. This level of liquidity is advantageous for the investors not only from the aspect of entering and exiting the positions more conveniently than before but also leads to a more active and vibrant market. Where else, having an active market, professionals in every field are better able to service the economy as a whole.
Apart from this, the platform also reduces costs by removing intermediaries. Smart contracts are widely used to automate many processes and, as a result, reduce expenses to brokers, lawyers, and other third parties involved in transaction activities. All these reductions are in the sights of small rather than big investors, who are likely to pay such fees when investing large amounts.
Centering on security and legitimacy
With massive rises in thefts and other types of fraud, especially online, Rexas Finance is always concerned about security and compliance issues. All security measures are employed, and stringent guidelines are followed to secure users and transactions in the Marketplace. Nevertheless, as it aims to earn the trust of users, Rexas Finance is well positioned in market volatility, enabling them to always smile.
This platform was also devised with regulatory concerns in mind. Since the compliance verification is integrated within the smart contract, Rexas Finance ensures that all operations carried out are not in conflict with the law. Such internal regulation minimizes the risks and responsibilities of both the investors and the regulators and enhances the efficiency and clarity of the deals.
The Road Ahead: Future Predictions for Rexas Finance
Looking ahead toward the year, the ideas indicate that there is a great opportunity for Rexas Finance that will offer phenomenal returns. According to the analysts, the current presale, which has already been demonstrated to have great interest, will translate to an increase in price when the platform launches and gains popularity.
At the current presale 3, the price is just $0.05 and early investors would take back 20x of their investment because of the expectations that the platform will continue to develop and enhance its capabilities and attract more users.
Besides, it can be expected that the popularity of Rexas Finance will increase as more and more investors understand the benefits of asset tokenization coupled with the effectiveness of blockchain technology. This enhanced demand could push the price of the RXS token very high, making it even more appealing to investors who wish to diversify into crypto portfolios.
Conclusion
Despite the apparent volatility of the cryptocurrency market, many investors indulge themselves in the basics of cryptocurrency, led by trend-driven coins such as Shiba Inu or PEPE. However, if an investor wants to make some serious profits, he should turn his sights toward Rexas Finance. Given the direction that the platform has adopted in regards to disrupting the asset management industry, it is set to achieve a higher market penetration and thus provide high returns to its investors.
Rexas Finance is a technologically driven company that is fortifying itself in a very uncertain marketplace. The company not only addresses the limitations of existing asset markets but also makes a strong business case for those who wish to benefit from the growing trend of tokenized assets, considering practicality, safety, and effectiveness. This represents a great opportunity for value investors who are seeking to make smart investments in cryptocurrency with a good forecast for growth in 2025 and beyond. Rexas Finance is a cryptocurrency to look out for.
For more information about Rexas Finance (RXS) visit the links below:
Disclaimer: This is a sponsored post. The Crypto Times does not take any editorial responsibility for the accuracy, quality and fairness of the published content. We advise our readers to always do their own research before engaging with any products mentioned on our website.
Crypto
Debate Brews Over Crypto Kiosks As Lawmakers Consider Potential Ban
Lawmakers Consider Crypto ATM Ban as Scam Losses Rise — Including in Central Minnesota
Minnesota lawmakers are considering banning cryptocurrency kiosks as scam losses continue to rise across the state—including in Central Minnesota.
There are currently about 350 crypto kiosks operating statewide, located in places like gas stations, convenience stores, and grocery stores. These machines allow users to deposit cash and convert it into cryptocurrency, which can then be sent electronically.
Law enforcement officials say scammers are increasingly directing victims to use these kiosks because once the money is sent, it is extremely difficult—if not impossible—to recover.
Police say scams often begin with a phone call, text, or online message. In many cases, scammers pose as government officials, tech support workers, or even romantic partners. Victims are eventually told to withdraw cash and deposit it into a crypto kiosk to “protect” their money or resolve a supposed emergency.
Central Minnesota has seen similar cases. Because St. Cloud serves as a regional hub for shopping and services, crypto kiosks are available locally, giving scammers access points to target area residents.
Some say kiosks also serve legitimate users
Despite the concerns, crypto kiosks do offer legitimate benefits. They allow people to purchase cryptocurrency quickly using cash, without needing a traditional bank account, credit card, or online exchange. Supporters say this can make cryptocurrency more accessible, especially for people who prefer cash transactions or have limited access to banking services.
Crypto kiosks can also be used to send money quickly, including international transfers, without relying on traditional wire services. Some users view them as a convenient way to invest in cryptocurrency or move money electronically without going through a bank.
Companies that operate the machines say the vast majority of transactions are legitimate and that kiosks include warnings about scams. They argue the focus should be on stopping scammers, not banning the machines entirely.
Lawmakers weighing next steps
Supporters of the proposed ban say removing the kiosks could help prevent fraud and protect vulnerable residents, particularly older adults. Law enforcement officials told lawmakers that crypto kiosk scams have resulted in significant financial losses statewide.
Minnesota passed regulations in 2024 requiring some safeguards, including limits on deposits for new users and refund requirements in certain fraud cases. But officials say scammers have continued to adapt.
The bill remains under consideration at the Capitol.
In the meantime, authorities urge Central Minnesota residents to be cautious. Officials emphasize that legitimate government agencies, law enforcement, and businesses will never ask someone to deposit cash into a cryptocurrency kiosk.
As cryptocurrency becomes more common, lawmakers are now weighing whether the risks to consumers outweigh the convenience and accessibility these machines provide.
10 (More) Hilariously Bad Google Reviews of Central MN Landmarks
Crypto
Cryptocurrency Investment Fraud: Bizman loses Rs 2.6 cr to crypto, investment fraud | Hyderabad News – The Times of India
Hyderabad: A 69-year-old businessman from Somajiguda lost 2.65 crore allegedly in a cryptocurrency and stock investment fraud. Based on his complaint, Hyderabad Cyber Crime police have registered a case.The complainant was first contacted by a fraudster posing as Ramya Krishnan on Aug 30, 2025 through Facebook. She persuaded the victim to invest in a cryptocurrency and stock trading platform, Polyus Finance PFP Gold, hosted at the domain pfpgoldfx.vip, promising high returns to finance his proposed resort and apparel ventures.Fraudsters provided the victim a contact number for daily communication and sent screenshots showing notional profits credited in his wallet in USDT cryptocurrency. To build trust, the fraudster even allowed the victim a token withdrawal of 4,300 on Sept 12, 2025.Encouraged, the victim transferred over 2.65 crore in 10 transactions between Sept 10 and Dec 39, 2025 to various current accounts provided by the accused.When he attempted to withdraw his ‘earnings’, the accused demanded an additional 15% conversion commission. After he refused, the website became inaccessible and calls to the fraudsters went unanswered.Realising that he was duped, the victim filed an online report on the National Cybercrime Reporting Portal (NCRP) before approaching the Cyber Crime police on Feb 25.Based on his complaint, a case was registered under Sections 66C and 66D of the Information Technology Act and Sections 111(2)(b) (Organised crime), 318(4) (Cheating), 319(2) (Cheating by personation), 336(3) (Forgery for purpose of cheating), 338 (Forgery of valuable security, will, etc.) and 340(2) (Using as genuine a forged document or electronic record) of the Bharatiya Nyaya Sanhita on Wednesday. Police were analysing financial transactions to identify and arrest the accused.
Crypto
Terror groups receive $1.7b. from Iran through Binance | The Jerusalem Post
That was a potential violation of global sanctions, the report said, citing company records and documents collected by internal investigators.
The cryptocurrency exchange site reportedly fired or suspended at least four employees cited in the internal investigation. The company blamed “violations of company protocol” relating to its clients’ data, the Times reported.
The report came days after The Jerusalem Post spoke with experts from blockchain intelligence platform NOMINIS.io about how the Iranian regime was evading Western sanctions through cryptocurrencies.
The regime maintains a steady income using cryptocurrency through oil sales to Russia and China, NOMINIS CEO Snir Levi said at the time.
Regarding the latest scandal, he told the Post this week: “The latest allegations about Binance come months after the lawsuit by the victims’ families of October 7 – the ongoing Balva [versus] Binance case.
The majority of the allegations can be easily confirmed by on-chain data. There are thousands of cases where money has been sent and received to and from wallets that have clear connections to Iran.”
Binance founder Changpeng Zhao is being sued by the families of American victims and hostages of the October 7 massacre. He has been accused of knowingly enabling Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Islamic Revolutionary Guard Corps to transfer more than $1b. through its platform, including more than $50 million after the October 7 massacre.
Zhao pleaded guilty to anti-money-laundering violations in connection with Binance in 2023. US President Donald Trump pardoned him last October.
“They say what he did was not even a crime,” Trump told reporters last October. “It wasn’t a crime. That he was persecuted by the Biden administration, and so I gave him a pardon at the request of a lot of very good people.”
Binance representative Rachel Conlan said the accounts linked to the $1.7b. in Iranian transactions have been removed and the relevant authorities were informed.
“Any suggestion that Binance knowingly allowed sanctionable activity to continue unchecked is incorrect and defamatory,” she said, despite Zhao’s earlier admission of anti-money-laundering violations.
More than half a dozen compliance officials have left Binance, including a sanctions manager and the leader of the enterprise compliance team, over the past few months, the Times reported.
“No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues,” Conlan said in a statement to The Guardian.
Democrat senator opens inquiry into cryptocurrency company
While Conlan insisted there was no wrongdoing, US Sen. Richard Blumenthal (D-Connecticut) opened an inquiry into Binance on Tuesday, seeking records of the company’s dealings in Hong Kong , where funds have previously been transferred in a network against sanctions.
“Binance appears to have ignored warnings and recommendations to prevent Iranian money-laundering schemes on its cryptocurrency exchange,” Blumenthal wrote in a letter to Binance co-chief executive Richard Teng.
“According to documents obtained by the Times and the Journal, Binance was even warned that Hexa Whale was financing terrorist organizations such as the Yemeni Houthis, and internal investigators found cryptocurrency transfers to wallets associated with Iran’s Islamic Revolutionary Guards Corps and payments to crew members of Russia’s sanctions-evading shadow fleet of oil tankers,” he wrote.
“Instead of actually preventing illicit use, Binance has sought to evade accountability and influence the White House through lobbying and a financial partnership with World Liberty Financial (WLFI), the cryptocurrency firm owned by the sons of President Trump and his special envoy Steve Witkoff… This influence campaign has worked: In May 2025, the Securities and Exchange Commission announced that it was dismissing a lawsuit against Binance for lying to regulators and mishandling funds, followed in October by the stunning Presidential pardon of founder Changpeng Zhao.”
“The scale of the newly revealed illicit transfers – uncaught until nearly $2 billion flowed to sanctioned entities – and the unexplained firing of internal investigators call into question Binance’s compliance with American sanctions and banking laws, and its 2023 agreement to resolve the previous federal investigation,” Blumenthal wrote.
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