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Ray Chen

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Just a regular guy trying not to buy the top

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CFTC Blocks NY Lawsuit, Orders Kalshi to Keep Prediction Markets Open

The CFTC intervened in a dispute with New York Attorney General Letitia James, ordering Kalshi to continue operations. The agency asserts federal jurisdiction over prediction markets, rejecting state gambling claims and highlighting a major regulatory cla

bitcoinworld · 2026-08-12 08:30:19Saved 2026-08-12News
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ETH Breakout Above $1,974 Triggers $596M Long Liquidations on Major CEXs

Woofun AI data shows that an ETH price surge above the $1,974 threshold would trigger cumulative long position liquidations totaling $596 million across major centralized exchanges. Conversely, a breakdown below $1,788 would result in $581 million in short position liquidations on these platforms.

快讯 · 2026-08-12 08:30:30Saved 2026-08-12Flash
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SEC and CFTC Sue Goliath Ventures Over $400M Crypto Ponzi Scheme

Woofun AI reports that the SEC and CFTC have initiated civil actions against Goliath Ventures and founder Christopher Delgado regarding an alleged $400 million cryptocurrency Ponzi scheme. The SEC alleges the firm raised at least $425 million from over 1,300 investors via unregistered securities, promising monthly returns of 3% to 10% on investments in Bitcoin and Ethereum liquidity pools while diverting at least $51 million for personal use. The CFTC claims approximately 1,600 clients invested at least $397 million in Bitcoin and Ethereum trades. Delgado has agreed to settle the SEC case pending court approval, whereas the CFTC seeks fund recovery, restitution, civil penalties, and a permanent ban. He previously pleaded guilty to wire fraud conspiracy, wire fraud, and money laundering, admitting to causing at least $250 million in investor losses.

快讯 · 2026-08-12 08:17:09Saved 2026-08-12Flash
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BTC Short Liquidations Hit $1.326B If Price Breaks Above $66,820

Woofun AI data shows that a BTC price breakout above $66,820 would trigger cumulative long position liquidations totaling $1.326 billion on major centralized exchanges. Conversely, a breakdown below $60,645 would result in $1.048 billion in short position liquidations across the same platforms.

快讯 · 2026-08-12 08:30:27Saved 2026-08-12Flash

SEC Drafts Crypto Rules as CLARITY Act Stalls in Senate

The SEC will convene to draft tailored crypto asset regulations following the Senate's failure to pass the CLARITY Act. Chair Paul Atkins signaled regulatory readiness, though legislative hurdles and political scrutiny regarding President Trump’s family

coin_telegraph · 2026-08-12 04:59:07Saved 2026-08-12News
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UK Parliament Queries Banks on Crypto Account Restrictions Amid FCA Regulatory Shift

Woofun AI reports that the UK Parliament's Crypto and Digital Assets APPG has formally requested major British banks to justify their current restrictions on cryptocurrency firms. Co-chairs Gurinder Singh Josan and Lord Vaizey of Didcot sent letters to bank CEOs outlining six key questions regarding service availability, transaction limitations, and future policy adjustments following the Financial Conduct Authority's regulatory framework implementation. The inquiry follows a parliamentary review launched on July 21, with responses due by August 31. Data from the UK Crypto Asset Business Council indicates that approximately 40% of transactions destined for crypto exchanges are blocked or delayed. Specific institutions such as HSBC, NatWest, Monzo, and Nationwide impose monthly transfer caps ranging from £5,000 to £10,000, while Starling and Chase UK prohibit these transfers entirely. Lucy Rigby, Secretary of State for Finance stated that the government opposes industry-based banking restrictions for FCA-licensed entities, noting that full regulatory implementation is scheduled for October 2027.

快讯 · 2026-08-11 16:54:57Saved 2026-08-11Flash

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