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🚨 20 Years in Prison for Crypto Pyramid Scheme on $200 Million
A court in the USA sentenced Praetorian Group International CEO Ramil Palafox to 20 years in prison. His scheme affected over 90,000 investors worldwide.
💵 Instead of the promised profits, he spent investors' money on luxury — expensive cars, high-end real estate in Las Vegas and Los Angeles, hotels, designer items, and transferred at least $800 ,000 and 100 BTC to a relative.
As part of a plea agreement, Palafox agreed to compensate victims with $62.7 million.
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Elon Musk announced the launch of X Money: he stated that a limited beta version of the X Money payment system will start within 1–2 months.
According to him, the service will allow users to store funds, make transfers, and pay for purchases — all in one app. Musk described the project as "revolutionary," hinting at an attempt to turn X into a full-fledged financial ecosystem.
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🇺🇸 "USA — the crypto capital of the world": SEC Chair publicly supports the CLARITY Act Paul Atkins stated that the United States should lead in innovation, and the regulator is ready to provide a "bridge" to new transparent rules of the game. 👉 This comes amid Congress's refinement of the CLARITY law, which is intended to clearly delineate SEC authority and legalize stablecoins. Atkins took over as SEC Chair in April 2025 — and promised to put an end to "years of suppression of innovation" in crypto regulation. $ETH $SOL $USDC
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🇺🇸The U.S. House of Representatives has repealed Trump's tariffs on Canada
The bill to revoke tariffs imposed under the "fentanyl emergency" regime successfully passed the House of Representatives with a vote of 219 to 211. Six Republicans supported the Democrats. The initiative will now be considered further.
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Buterin Proposed to Anonymize AI Requests
Ethereum Foundation executive Davide Crippa and Ethereum co-founder Vitalik Buterin proposed a scheme that makes requests to AI models anonymous.
📌 Zero-Knowledge Proofs (ZK) and anti-spam mechanisms are used for this purpose.
Amid the growing popularity of AI chatbots, data leaks and tying logs to individuals are becoming increasingly serious problems.
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Epstein's Connection to Cryptocurrencies
Recently discovered files show that Epstein was actively interested in cryptocurrencies and even participated in their development.
💸 Bitcoin
▪️ Studied Bitcoin in its early stages
▪️ Participated in discussions about Bitcoin's role in the economy
▪️ Was interested in the network infrastructure
🌀 Coinbase
▪️ Invested about $3 million in 2014
▪️ The deal was conducted through IGO LLC
▪️ Sold his stake with a profit
👀 Blockstream
▪️ Was an early investor in the Bitcoin infrastructure company
▪️ Invited CEO Adam Back to his island
▪️ Later, Bitcoin Cor
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🐳Whales are accumulating PEPE
According to Santiment, the top-100 wallets have added 23.02 trillion PEPE to their holdings over the past 4 months.
This is happening against the backdrop of a prolonged correction: over 9 months, the token's market capitalization has fallen by 73%.
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❄️ Charles Hoskinson lost over $3 billion
🔽 Since the fall of ADA after reaching ATH in 2021, Cardano founder Charles Hoskinson has lost more than $3 billion, with at least $500 million of that amount occurring in 2026.
Despite this, he does not plan to exit his positions or cash out his tokens.
“I will be with you in the red days and in the green days,” Hoskinson said during a live broadcast.
📉 Meanwhile, from January 1 to February 6, the total market capitalization of the crypto market decreased from $2.97 trillion to $2.25 trillion, which averages $20 billion in daily losses.
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Whales Reduce BTC Holdings
According to the analytics platform Santiment, the share of large Bitcoin holders has dropped to a 9-month low amid a price decline from approximately $90 000 to approximately $65 000. During this period, more than 81,000 BTC have left their addresses.
At the same time, the number of small holders is increasing and is already at a nearly two-year high. Historically, such a shift in market structure often coincides with periods of increased tension and prolonged correction.
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🤔Bitcoin or Gold: Which to Choose?
JPMorgan analysts emphasize that in the long term, Bitcoin may be more attractive than gold.
Gold has lost its main advantage over cryptocurrencies — low volatility. Against this backdrop, BTC demonstrates low relative volatility, which could indicate growth potential.
➡️ Analysts believe that Bitcoin could reach $266,000 in the long term.
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Plastikkidvip:
Silver dropped 40% in a day, while Bitcoin has been falling for 5 months.
🇺🇸 The United States does not plan to bail out Bitcoin.
U.S. Treasury Secretary Scott Bessent announced that the government will hold confiscated BTC but does not intend to buy them back or force banks to invest in Bitcoin during a declining market.
The strategic BTC reserve, established by Donald Trump's executive order, only allows for confiscation and budget-neutral schemes such as exchanging oil, gold, and other assets for BTC.
This statement was made in response to a question from Congressman Brad Sherman, who, as a long-time critic of cryptocurrencies, asked whether the Treasury could
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BTC has fallen below $70,000
Less than 17% remaining to the weekly MA200
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GateUser-5a013bc3vip:
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Founder of Multicoin Leaves the Project
One of Multicoin's founders, Kyle Samani, is stepping down from his role as Managing Partner after nearly 10 years in the crypto industry.
🤖 He has decided to focus on other technological areas — AI and robotics.
Samani has been one of the most prominent voices in the market for many years: promoting Solana and the DePIN narrative.
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Topinvestvip:
Hold tight 💪
Creator of the darknet marketplace Incognito Market sentenced to 30 years
The court sentenced the founder of Incognito Market, Rui-Xian Lin, to 30 years in prison for operating a cryptocurrency darknet marketplace.
🪙 According to prosecutors, over a ton of drugs were sold through the platform, totaling more than $105 million.
In addition, after the site was shut down, Lin embezzled at least $1 million in user deposits.
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![Incognito Market logo](https://example.com/logo.png)
*Incognito Market logo*
The platform was active for several years, during which it facilitat
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⏺Top 100 Corporate Holders of BTC
The list includes only companies holding 💰 BTC.
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Historical High: Musk — $852 Billion
Forbes reports that Elon Musk has become the first in the world to surpass a net worth of $800 billion, reaching $852 billion.
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