$23M Get-Out-of-Jail Card

PLUS: Trump’s Crypto War Chest

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🚀 Trump’s media execs launch a SPAC for crypto & tech.

💰 GotBit founder forfeits $23M to dodge jail—fair deal or legal loophole?

⚠️ Binance scam alert in Australia—don’t fall for fake investments!

Trump Media execs are launching a SPAC to raise $179M for crypto and tech investments. Looks like the Trump brand is diving deeper into digital assets!

🚨 Breaking News:
Trump’s media executives are setting up a blank check company to fuel crypto and tech deals, aiming for $179M in funding.

⚡Wire Simplified:

  • Trump’s former execs are behind a new SPAC targeting crypto and tech.

  • Aiming to raise $179M to invest in the sector.

  • This follows Trump's crypto-friendly stance ahead of elections.

  • SPACs (Special Purpose Acquisition Companies) let investors pool money for acquisitions.

  • The move signals growing institutional interest in crypto.

✔️ Straight to the Point:
Trump’s team is making moves in crypto, but will this SPAC truly shake the industry or just ride the hype wave?

🎤 Would you invest in a Trump-backed crypto fund?

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GotBit founder Aleksei Andriunin cut a deal—he’ll forfeit $23M and avoid prison time after being caught manipulating crypto markets.

🚨 Breaking News:
To dodge jail time, the GotBit founder agreed to give up $23M in assets, settling charges of crypto market manipulation.

⚡Wire Simplified:

  • GotBit ran shady crypto price manipulations, inflating token values.

  • Founder Aleksei Andriunin struck a plea deal, surrendering $23M.

  • In return, he walks free—no prison time.

  • This case highlights increasing legal crackdowns on crypto fraud.

  • Regulators are watching—manipulation schemes won’t slide anymore.

✔️ Straight to the Point:
Crypto founders are learning—big fines might save them from jail, but the industry’s getting tougher on shady practices.

Source : CryptoSlate

Scammers are impersonating Binance to steal money from Australians. The Federal Police just issued a warning—watch out for fake investment offers!

🚨 Breaking News:
Fraudsters pretending to be Binance representatives are scamming Australians with fake investment schemes—police urge caution.

⚡Wire Simplified:

  • Scammers claim to be Binance support staff.

  • They trick victims into fake investments and steal money.

  • The Australian Federal Police issued an urgent warning.

  • Binance confirms they don’t offer random investment opportunities.

  • Crypto scams are on the rise—always verify before investing.

✔️ Straight to the Point:
Crypto scams aren’t slowing down. Always double-check emails, calls, and offers—Binance isn’t handing out free money!

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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