Shocking Twist: Trump Pardons BitMEX Founders Convicted of Money Laundering!

March 30, 2025 RAYMOND 0

Former President Donald Trump has granted pardons to BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who had pleaded guilty in 2022 to violating the Bank Secrecy Act. The trio was accused of failing to implement proper anti-money laundering measures, leading to BitMEX being labeled a platform for money laundering.

Delo, in a statement, argued that the prosecution was politically motivated and based on an outdated law, expressing gratitude for Trump’s intervention. Prosecutors, however, maintained that the founders knowingly allowed illicit activity and had pushed for harsher sentences. With their convictions now overturned, the case reignites debates over cryptocurrency regulation and enforcement.

XRP to $10,000? The Shocking Breakdown You Need to See!

March 30, 2025 RAYMOND 0

Crypto analyst Joshua Jake recently addressed the bold prediction that XRP could reach $10,000 per coin, dismissing it as unrealistic. He argued that factors like ETF approvals, institutional adoption, and TradFi involvement are unlikely to trigger such a surge, pointing to Bitcoin’s ETFs as proof that institutional interest alone cannot drive extreme price increases.

Jake also challenged the idea that market capitalization is irrelevant, emphasizing that at $10,000 per coin, XRP’s market cap would reach an impossible $1 quadrillion—far exceeding the total global wealth. He further debunked claims that banks would push XRP’s price that high, noting that financial institutions are more likely to develop their own blockchain solutions rather than give Ripple overwhelming control.

While acknowledging XRP’s potential, Jake urged investors to remain cautious, warning against falling for exaggerated price targets that could lead to disappointment.

Thibodeaux Trade Saga Heats Up as Abdul Carter’s Fate Hangs in the Balance!

March 30, 2025 RAYMOND 0

Penn State edge rusher Abdul Carter is one of the top prospects in the 2025 NFL Draft and has visits scheduled with four teams holding top-four picks: the Titans, Browns, Giants, and Patriots. While each team has a reason to consider him, the Giants seem the least likely to draft him, given their pressing need for a quarterback. However, if they do select Carter, it could cast doubt on the future of current edge rusher Kayvon Thibodeaux.

Rumors suggest that Thibodeaux could be a trade target for the Carolina Panthers, who are looking to strengthen their defense. A potential deal involving Thibodeaux could give the Giants additional draft assets, possibly setting them up to acquire a quarterback in 2026. However, keeping Thibodeaux and pairing him with Carter and Brian Burns could also be a viable strategy, ensuring the Giants maintain a surplus of defensive talent rather than letting key players go.