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Crypto Founder Ordered to Pay $228 Million over Fake AI Ponzi Scheme
Crypto Founder Ordered to Pay $228 Million over Fake AI Ponzi Scheme

EminiFX founder Eddy Alexandre just lost a court battle over his fake AI exchange scam and must pay $228 million to his creditors. This represents the climax of a two-year legal battle. Several of EminiFX&#8217;s tactics are still notorious in 2025. He used fake promises of AI to lure investors, targeting NYC&#8217;s immigrant populations. Both &hellip; <a href="https://beincrypto.com/eminifx-scam-fake-ai-ponzi-scheme-guilty/">Continued</a>

BeInCrypto·2025/08/20 07:25
Bitcoin EMA50 Breakdown Signals Bearish Shift
Bitcoin EMA50 Breakdown Signals Bearish Shift

Bitcoin falls below its EMA50 daily level for the first time since April, signaling potential bearish momentum.EMA50 No Longer Holding as SupportWhat This Could Mean for BTC’s Next Move

Coinomedia·2025/08/20 07:00
Flash
  • 01:02
    Today's Fear and Greed Index is 32, remaining at the Fear level.
    Jinse Finance reported that today’s Fear and Greed Index is 32, still at the “Fear” level. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin’s dominance in the overall market (10%) + Google trend analysis (10%).
  • 01:02
    The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.35 million BTC.
    According to Jinse Finance, data from Dune shows that the total on-chain holdings of US spot bitcoin ETFs have surpassed 1.35 million BTC, currently reaching approximately 1.355 million BTC, which accounts for 6.79% of the current BTC supply. The on-chain holding value has reached about $153.1 billion.
  • 00:43
    Latin American crypto exchange Ripio launches Argentine peso stablecoin wARS
    A Latin American cryptocurrency exchange with over 25,000,000 users has announced the launch of the wARS stablecoin, pegged to the Argentine peso. The token has been listed on Ethereum, the exchange's Base, and World Chain. wARS enables users to send and receive funds globally without the need for banks or conversion to US dollars. The exchange stated that it plans to launch similar stablecoins for other Latin American currencies in the future to facilitate cross-border payments in local currencies across the region. This release marks another move by the exchange in the real-world asset (RWA) sector, following its launch of tokenized sovereign bonds.
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