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Atlanta-based company ordered to pay back cryptocurrency in first-of-its-kind lawsuit

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Atlanta-based company ordered to pay back cryptocurrency in first-of-its-kind lawsuit

Atlanta-based cryptocurrency firm ordered to payback cash to prospects A federal jury in Atlanta dominated in favor of a type of prospects in April in one of many first lawsuits of its type within the nation.

ATLANTA — It was the primary cryptocurrency trade within the nation. Now prospects say when the Atlanta-based firm all of the sudden shut down, it stored their cash and their Bitcoin.

That was greater than 4 years in the past however some prospects nonetheless wouldn’t have their Bitcoin again.

A federal jury in Atlanta dominated in favor of a type of prospects in April in one of many first lawsuits of its type within the nation.

The bodily deal with for CampBX was only a P.O. Field in a Roswell UPS retailer. However its enterprise was on-line.

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For years, greater than 70,000 prospects traded bitcoin on the Atlanta-based platform.

“On this case, the trade labored high quality for quite a few years,” legal professional John Richard instructed Channel 2 investigative reporter Justin Grey.

That was till 2017, when many shoppers discovered they might not entry their accounts.

In 2018, the Georgia Division of Banking and Finance despatched CampBX a cease-and-desist order for partaking in cash transactions with no license.

When CampBX did stop operation, prospects flooded web boards saying the trade wouldn’t return their cash or bitcoin from their accounts.

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“I went to log into the web site, couldn’t do transactions and it was like, ‘Oh crap,” Jay Daniel stated.

Daniel is a Nashville-based IT safety marketing consultant and part-time dealer who stated CampBX wouldn’t return greater than $250,000 price of his cash and bitcoin.

“They fully stored our property, wouldn’t reply to affordable inquires and actually we needed to file the primary bitcoin case in federal courtroom to get our a reimbursement,” Daniel stated.

A federal jury dominated in Daniels’ favor within the COVID—19-delayed federal case in late April. However Richard stated many others nonetheless don’t have their property.

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“There are nonetheless individuals ready. We’ve reached out to quite a few prospects and quite a few prospects of CampBX trade reached out to us who nonetheless don’t have their bitcoin again,” Richard stated.

The Georgia man behind CampBX, Keyur Mithwala, stated many of the property has been returned to prospects.

He emailed Channel 2 Motion Information, saying:

“CampBX has efficiently returned Bitcoins and USD balances in full to an awesome majority (over 99%) of our prospects. As of at this time, we have now roughly 190 remaining prospects whom we’re working to KYC-AML confirm and shut out over the following three months.”

However Richard counters there isn’t a proof to again up that declare. He’s now representing extra prospects in search of their Bitcoin.

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“For the bitcoin itself, I’m solely conscious of 1 different CampBX buyer who has acquired their bitcoin. CampBX claims it returned it. We’ve seen no proof of that,” Richard stated.

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Earning Cryptocurrency with Minimal Investment: A Comprehensive Guide

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Earning Cryptocurrency with Minimal Investment: A Comprehensive Guide

1. Harnessing the Power of Referral Programs

 

Let’s kick things off with a strategy that leverages your network: referral programs. Cryptocurrency exchanges and platforms often offer lucrative rewards for bringing new users on board.

 

  • KuCoin Affiliate Program: Earn up to 60% of trading fees from referrals.
  • Trezor Affiliate Program: Earn up to 15% in commission for each referral.
  • Koinly Affiliate Program: Earn up to 40% in commission for each referral.

     

2. Searching for Crypto: The Presearch Revolution

 

Enter Presearch, a decentralized search engine that rewards users with its native token, PST.

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  • Earn 0.25 PST per search
  • Daily cap of 8 PST
  • At the time of writing, 1 PST is valued at $0.02

     

3. Putting Pen to Paper (or Fingers to Keyboard)

 

If you’ve got a way with words, platforms like Publish0x offer an intriguing opportunity.

 

  • Write blog posts on various topics
  • Earn crypto tips from readers
  • Even readers can earn a slice of the advertising revenue

     

4. Shop ‘Til You Drop (and Earn Crypto)

 

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Turn your retail therapy into a crypto-earning opportunity with platforms like:

 

  • Lolli: Earn up to 30% back in cash or Bitcoin at over 1,000 stores
  • StormX: Provides Crypto Cashback ranging from 0.5% to 87.5% at various online retailers

     

5. Learn and Earn: Education Pays Off

 

Platforms offering “Learn and Earn” programs:

 

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  • Coinbase: Earn up to $200 worth of free crypto
  • Binance
  • Phemex
  • CoinMarketCap

     

6. Engage with Crypto Communities

 

  • Forecaster: Create content and interact with others, earning crypto tips and rewards
  • BountyCaster: Post and redeem bounties for completing specific tasks or achievements

     

7. Sign-Up Bonuses: Free Crypto for Joining

 

  • CoinSmart: Get 15 CAD worth of Bitcoin for signing up and verifying your account
  • Crypto.com: $25 bonus when you stake at least $400 worth of CRO

     

8. Crypto Betting Bonuses

 

In the realm of cryptocurrency, even online betting platforms are getting in on the action. “Crypto betting bonuses explained” is a term you might come across when exploring this niche. These bonuses are incentives offered by crypto-friendly betting sites to attract new users or retain existing ones.

 

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Types of Crypto Betting Bonuses

 

  1. Welcome Bonuses: Often a match of your first deposit in cryptocurrency.
  2. No Deposit Bonuses: Free crypto to bet with, no deposit required.
  3. Reload Bonuses: Rewards for subsequent deposits.
  4. Cashback: A percentage of losses returned as crypto.

     

When diving into crypto betting bonuses explained, it’s important to note that these offers often come with terms and conditions, such as wagering requirements or time limits. Always read the fine print and gamble responsibly.

 

Important Considerations

 

  • Bonuses should not be the sole reason for engaging in online betting.
  • Prioritize responsible gambling practices.
  • Be aware of the risks involved in both cryptocurrency and online betting.
  • Terms and conditions may vary significantly between platforms.

     

Remember, while crypto betting bonuses can seem attractive, they are ultimately marketing tools designed to encourage betting. Always approach such offers with caution and a clear understanding of the associated risks and requirements.

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21Shares files for permission to offer ETF linked to cryptocurrency Solana

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21Shares files for permission to offer ETF linked to cryptocurrency Solana

By Suzanne McGee
(Reuters) – Digital assets investment management firm 21Shares filed Friday for permission from U.S. regulators to launch an exchange-traded fund tied to the spot price of crypto token Solana.

It was the second such filing in as many days, following a similar move Thursday by VanEck. The Securities & Exchange Commission approved spot bitcoin ETFs offered by both firms, among others, in January after a long battle. Both VanEck and 21Shares are among the asset managers awaiting SEC approval to launch spot ETFs tied to the price of ethereum, the second-largest cryptocurrency.

The CBOE, the exchange on which both asset managers plan to list Solana ETFs if approved, must still request regulatory approval to change its rules and allow these new products to trade. People involved in the Solana discussions, who declined to be identified because of the confidentiality of the process, said that filing could come within days or weeks. A spokeswoman for CBOE declined to comment.

A third asset manager, Canada’s 3iQ, filed earlier in June for permission from Ontario regulators to list a similar Solana-based product on the Toronto Stock Exchange. Solana is the fifth-largest cryptocurrency measured by market capitalization, according to CoinGecko.

The three filings have combined to drive the price of Solana 9.4% higher in the last seven days, even as the prices of bitcoin and ether dropped 4.6% and 2.8% respectively, according to CoinGecko.

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So far, however, no futures contracts on Solana trade on the CME, in contrast to the pattern with both bitcoin and ether. The SEC approved futures-based ETFs tied to both tokens before considering the spot products.

The existence of futures contracts, however, “should not be the sole criterion for ETF eligibility,” said Andrew Jacobson, head of legal at 21Shares.

(Reporting by Suzanne McGee; Editing by Cynthia Osterman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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Future Cryptocurrency to Go Viral Mpeppe (MPEPE) Will It Surpass Bonk Experts Think So » The Merkle News

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Future Cryptocurrency to Go Viral Mpeppe (MPEPE) Will It Surpass Bonk Experts Think So » The Merkle News

In the ever-evolving world of cryptocurrency, new tokens continually emerge, each vying for investor attention and market dominance. Among these, Mpeppe (MPEPE) has recently captured significant interest, with experts predicting it could surpass the established meme coin Bonk (BONK). This article delves into the unique features of Mpeppe (MPEPE), its potential for going viral, and what experts say about its future compared to Bonk (BONK).

The Rise of Mpeppe (MPEPE)

Mpeppe (MPEPE) has quickly gained traction in the crypto market, offering a unique combination of meme culture and practical applications. Built on the Ethereum network, Mpeppe (MPEPE) leverages advanced blockchain technology to provide secure and efficient transactions. Its applications in sports betting and fan engagement ensure ongoing demand, positioning Mpeppe (MPEPE) for long-term growth.

The token’s advanced technological foundation, including the use of smart contracts, appeals to a broad range of investors. Analysts predict substantial returns for Mpeppe (MPEPE) as it gains broader adoption, making it an attractive investment for those looking to capitalize on its potential. The smart contract address for acquiring Mpeppe (MPEPE) tokens is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B.

Bonk (BONK): A Popular Meme Coin

Bonk (BONK) has been a significant player in the meme coin sector, known for its vibrant community and engaging narrative. The token has built a loyal following by leveraging the power of meme culture to create a compelling investment opportunity. Early investors in Bonk (BONK) have enjoyed substantial returns, making it a popular choice among crypto enthusiasts. However, with the rise of new tokens like Mpeppe (MPEPE), the competition is heating up.

Why Mpeppe (MPEPE) Is Poised to Go Viral

Several factors contribute to Mpeppe (MPEPE)’s potential for going viral and surpassing Bonk (BONK):

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  • Real-World Applications: Unlike many meme coins that rely purely on speculative trading, Mpeppe (MPEPE) offers tangible benefits through its applications in sports betting and fan engagement. These real-world utilities ensure ongoing demand for the token.
  • Technological Sophistication: Mpeppe (MPEPE) leverages the Ethereum network’s advanced features, including support for smart contracts, enhancing its security and efficiency. This technological edge appeals to tech-savvy investors seeking innovative digital assets.
  • Growth Potential: With a strong foundation and increasing adoption, Mpeppe (MPEPE) is poised for significant growth. Analysts predict substantial appreciation in value, making it an attractive option for those looking to maximize their returns.
  • Community Engagement: A strong and engaged community is crucial for the success of any cryptocurrency. Mpeppe (MPEPE) has been building a dedicated user base, which helps drive adoption and maintain demand. This community support is a key factor in its growth trajectory.

Expert Opinions on Mpeppe (MPEPE) vs. Bonk (BONK)

Industry experts have weighed in on the potential of Mpeppe (MPEPE) to surpass Bonk (BONK). They highlight several key areas where Mpeppe (MPEPE) excels:

 

  • Innovation: Experts point to Mpeppe’s (MPEPE) innovative use of blockchain technology and smart contracts as a major advantage. These features not only enhance the token’s security and efficiency but also provide a robust platform for future developments.

 

  • Utility: The practical applications of Mpeppe (MPEPE) in sports betting and fan engagement set it apart from many other meme coins. This real-world utility ensures ongoing demand and adds a layer of stability to the investment.

 

  • Market Sentiment: Positive market sentiment surrounding Mpeppe (MPEPE) is another factor contributing to its potential for substantial growth. As more investors recognize its unique value propositions, the demand for Mpeppe (MPEPE) is expected to increase, driving up its value.

 

  • Community Support: The strong and engaged community backing Mpeppe (MPEPE) is crucial for its long-term success. This community support helps drive adoption and maintain demand, positioning the token for sustained growth.

The Future of Mpeppe (MPEPE) and Bonk (BONK)

As Mpeppe (MPEPE) continues to gain traction, its future prospects look promising. The token’s blend of meme culture and practical utility, backed by advanced technology, position it for long-term success. The excitement and increased market activity surrounding Mpeppe (MPEPE) provide a unique opportunity for investors to capitalize on its potential.

For Bonk (BONK), maintaining its relevance in the face of increasing competition will require continuous innovation and strategic partnerships. By enhancing its features and expanding its ecosystem, Bonk (BONK) can attract new investors and retain its loyal user base.

Conclusion

In conclusion, Mpeppe (MPEPE) presents a unique opportunity for investors looking to diversify their portfolios and achieve substantial returns. Its blend of meme culture and practical applications, backed by advanced technology and strong community engagement, makes it a compelling investment. While Bonk (BONK) remains a significant player in the meme coin market, the rise of Mpeppe (MPEPE) offers exciting opportunities for those ready to embrace its potential. The future looks bright for Mpeppe (MPEPE) as it continues to gain momentum and capture the interest of the cryptocurrency community.

For more information on the Mpeppe (MPEPE) Presale:

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Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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