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US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars.Ahead of Eisenberg’s May 1 sentencing hearing, US prosecutors are petitioning US District Judge Arun Subramanian for Eisenberg to face between 78 and 97 months in prison, according to an April 22 filing in a New York district court.Prosecutors argue it’s an appropriate sentence for Eisenberg’s April 2024 conviction for committing wire fraud, commodities fraud and commodities manipulation in connection with…

US federal prosecutors have filed statements from hundreds of victims in their case against Alex Mashinsky, the founder and former CEO of the defunct crypto lender Celsius Network.The recently sworn-in interim US Attorney for Manhattan, Jay Clayton, said in an April 23 letter to a Manhattan federal court that he was sharing “more than 200 victim impact statements” collected by his office.The statements span 418 pages of Celsius users, some named and some only using their initials, detailing the impact that the collapse of the firm had on their lives and how much money they had lost as a result.…

CNN  —  On March 13, 2013, Oscar Crespo was watching TV in his native Buenos Aires when he saw the white smoke appearing above the Sistine Chapel at the Vatican: a new pope was elected. As with millions of Catholics in Latin America, he was curious to know who would succeed Pope Benedict XVI. To his surprise he heard the name Bergoglio – the surname of his childhood friend – and was immediately overwhelmed by emotion, he recalled. “Bergoglio, Pope! I couldn’t believe it! And right at that moment, my phone started ringing,” Crespo told CNN from Buenos Aires, explaining…

The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract.The hacker agreed to accept a 10% bounty and return 90% of the remaining stolen tokens, transferring the ZKsync Security Council almost $5.7 million across three transfers on April 23.“We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline,” ZKsync Association posted to X on April 23, which was later reposted by ZKsync’s X account.Matter Labs, the company behind the ZKsync protocol, also reposted the news shared…

Russia’s finance ministry and central bank are reportedly planning to launch a crypto exchange for qualified investors under an experimental legal regime.The platform will be aimed at “super-qualified investors,” Finance Minister Anton Siluanov said during a ministry meeting, according to April 23 reports from Russian media group RBC and Russian news agency Interfax.“Together with the central bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows,” he said in a statement translated from Russian.“Naturally, this will not happen domestically, but as part of the operations…

Soluta quasi quibusdam.

Europe stocks close higherEuropean stocks provisionally closed up 0.38% on Thursday, with most sectors and major bourses in positive territory.Germany’s DAX index rose 0.49% for the session, while France’s CAC and the U.K.’s FTSE 100 were up 0.27% and 0.05% respectively. — Sam MeredithEuropean Central Bank’s Holzmann says rate cuts must wait for more tariff certaintyAustrian central bank chief Robert Holzmann said euro zone interest rates should be held until more clarity emerges on the path of U.S. tariffs and European Union countermeasures.”We have not seen this uncertainty now for years… unless the uncertainty subsides, by the right decisions, we…

Bitcoin has shown resilience compared to the broader financial market amid macroeconomic uncertainty, but analysts caution it’s still too early to know whether the trend will last.“We’re not quite there yet, but if Bitcoin holds strength through the upcoming CPI, as well as ongoing Powell-related and equity earnings volatility, the decoupling narrative could evolve from “temporary divergence” to “regime change,” Bitfinex analysts said in an April 23 markets note viewed by Cointelegraph.Bitcoin’s relative strength yet to be proven as structuralThe analysts said that while Bitcoin’s (BTC) relative strength against US equities “appears real,” it is yet to be confirmed as…

The UN Global Compact is the world’s largest sustainability initiative signed by 16,000 companies worldwide. The UN Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to act in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs).   Signing this initiative is an important step in our journey. It connects and aligns our sustainability efforts with the various issues the world is currently facing. This will make our new sustainability strategy more robust and trustworthy…

Cryptocurrency exchange KuCoin is set to branch further into Southeast Asia, targeting the growing crypto market in Thailand. KuCoin is planning to launch a crypto exchange platform offering digital assets and related products in the country, according to an April 23 announcement. ERX Company Ltd, Thailand’s first Securities and Exchange Commission-supervised digital token exchange, has rebranded as KuCoin Thailand effective April 22, it stated. The crypto exchange will operate under ERX, which recently received a crypto exchange license from the Thai financial regulator. “We’re strengthening our ability to offer localized solutions tailored to the Thai market,” said ERX chief executive Att Tongyai Asavanund.Existing ERX…