MAROKO133 Hot crypto: Tennessee Couple Ordered To Pay Almost $7 Million In Crypto Trading

📌 MAROKO133 Eksklusif crypto: Tennessee Couple Ordered To Pay Almost $7 Million In

A married couple from Tennessee has been ordered to pay a penalty of nearly $7 million for fraud involving a commodity pool, the Commodity Futures Trading Commission announced on Thursday.

Commodity Pool Fraud Costs Couple Millions, CFTC Says

According to the September 25 press release, married realtors Michael Griffis and Amanda Griffis convinced 145 people to contribute $6.5 million to a community pool known as “Blessings Thru Crypto.”

The duo claimed that the funds would be “used to trade commodity futures on the Apex Trading Platform with guidance from an individual known only as Coach Wendy.”

In reality, the commodity pool was a copy of an overseas exchange and it is still unclear who exactly “Coach Wendy” is.

“More than $4 million of the pool’s funds were sent to the illegitimate overseas exchange where it was immediately sent to a variety of other accounts and offshore trading platforms,” the press release states.

“The remaining funds were misappropriated for personal expenses, including paying personal debts and buying a variety of consumer goods,” the press release continues.

CFTC Bans Realtor Couple For Alleged Crypto Scheme

According to a newly filed consent order in the U.S. District Court for the Middle District of Tennessee, the couple $5,528,121 in restitution to defrauded victims and a $1,355,232 civil monetary penalty.

In total, the duo will have to pay over $6.8 million in monetary relief.

They are also banned from trading and registering with the CFTC and are prohibited from further violations of the Commodity Exchange Act and CFTC regulations.

“This case is a stark warning to be cautious about whom you trust with your money,” said Charles Marvine, Acting Chief of the Division of Enforcement’s Retail Fraud and General Enforcement Task Force. “If an investment opportunity seems too good to be true, it almost certainly is, for you and anyone you bring along.”

The post Tennessee Couple Ordered To Pay Almost $7 Million In Crypto Trading Fraud Scheme appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Update crypto: China’s DeepSeek AI Predicts the Price of XRP, Pepe and

China’s DeepSeek AI predicts that the prices of XRP, Pepe, and Cardano could all rocket towards the end of the year, as investors prepare for a spate of ETF approvals from the SEC.

While liquidations have sent the crypto market lower yet again today, the market is in a strong position to bounce back once the SEC approvals begin coming in.

And this particularly applies to XRP, Pepe and Cardano, which DeepSeek AI predicts could smash their current ATHs in the final weeks of 2025, especially when regulatory and business conditions have become much more favorable in recent months.

Ripple ($XRP): DeepSeek AI Predicts Potential Run to $7 As Ripple Captures Cross-Border Market

DeepSeek is particularly bullish about XRP, which it says could rise as high as $7 by 2026, almost doubling its current ATH ($3.65).

The Chinese AI cites the resolution of the Ripple-SEC case as a major factor in XRP’s growth, suggesting that this gives Ripple the launchpad from which to capture a significant chunk of the cross-border payments market.

And Ripple is doing just this at the moment, having signed numerous partnerships in recent months, having made acquisitions, and having expanded into new territories.

This leaves XRP in a supremely strong position, with its chart today suggesting that it’s close to rebounding.

Its indicators are all in oversold positions, meaning that it’s selling at a discount and that positive movement isn’t far away.

It may return to strong growth as and when the SEC approves one or more of the XRP ETF applications waiting for a decision.

There’s little doubt that it will beat its current ATH by the end of the year, although a bull rally could send it even higher.

Pepe ($PEPE): DeepSeek AI Predicts 229% Increase for Popular Meme Coin

Citing the potential for “meme coin dynamics and viral sentiment,” DeepSeek AI predicts that PEPE could rise as high as $0.000030 by 2026, making for a 229% increase over its current price of $0.00000910.

DeepSeek suggests that endorsements from high-profile influencers and even celebrities could drive the PEPE price higher, while also proposing that social media-based FOMO could boost the meme token.

What DeepSeek doesn’t mention, however, is that PEPE remains a favorite vehicle among whales, who continue to buy the token and pump its price.

As such, there’s a very real chance that the coin could rally hard if the market enters an end-of-year buy rally, especially one that follows a wave of ETF approvals.

And there’s an argument that DeepSeek was somewhat conservative in its price prediction, given that PEPE’s all-time high is already $0.00002803.

A particularly bullish market could see it eclipse this price, and potentially rise towards $0.00010.

Cardano ($ADA): DeepSeek AI Predicts Rally to $12 Amid Growth in Ecosystem

Asked to provide a very bullish prediction for Cardano, DeepSeek suggested that it could hit $12 within the next few months, making for a 1,472% increase over ADA’s current price.

Such a prediction is based on Cardano’s growth into “a dominant force in decentralized finance and real-world governance,” including the development of dApps running on Cardano.

It may seem that Cardano is some way off such a scenario, yet its TVL has been growing steadily in recent years, rising from $50 million in January 2023 to $317 million today.

It also continues to roll out new updates and attract new projects to its ecosystem, which could soon attract genuine adoption and usage.

On top of this, Grayscale has applied to launch a Cardano ETF, and if it gains approval this could send ADA much higher.

As such, ADA’s current oversold position could mean that we’re about to see it surge upwards, crossing $1 in a few weeks before challenging its current ATH of $3.09.

And while our chart above sets a target of $4 for the end of the year, DeepSeek believes it could rise even higher.

Maxi Doge: Ultra-Bullish Meme Token Raises $2.5 Million in Hugely Popular Sale

While DeepSeek has provided very encouraging predictions for the three tokens above, traders may also be interested in diversifying into newer, low-cap coins, which could also enjoy huge rallies towards the end of the year.

Such coins also include presale tokens, which have the advantage of starting from a low base, meaning that big gains can be possible in a short space of time.

A great example of a new coin holding its presale is Maxi Doge ($MAXI), an ERC-20 token that has raised just over $2.5 million.

This provides a bullish sign of its emerging popularity, with Maxi Doge attracting investors by virtue of its unique spin on the familiar Dogecoin-themed template.

Boasting a perma-bull trading theme, Maxi Doge is building an online community that will meet on its Discord and Telegram channels, where they’ll have the opportunity to share trading tip and coordinate collective action.

Maxi Doge’s social channels will also host regular trading competitions, enabling community members to compete to see who can earn the biggest profits in a given amount of time.

Winners will receive rewards in the form of MAXI, which will comes with a total capped supply of 150.24 billion tokens.

Holders of MAXI will be able to stake the token for regular staking yields, while Maxi Doge will be retaining 25% of its supply for its Maxi Fund.

This fund will support new partnerships and publicity initiatives, something which should help to keep Maxi Doge in the public eye, and to grow its base.

Investors can join the coin’s presale by visiting <a href="https://cryptonews.com/ext/maxidoge/" rel="s…

Konten dipersingkat otomatis.

🔗 Sumber: cryptonews.com