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SEC Sues Alleged $26 Million 'Crypto' Ponzi Scheme Operator

The SEC has accused Daniel Pacheco of running a $26 million Ponzi scheme disguised as a cryptocurrency.

By Nikhilesh DeMay 23, 2019

Credit: Shutterstock

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Today

8:04 AM

Neutral

Ripple-backed custody secures $280 million diamond tokenization push in UAE

The project has already moved more than $280 million of polished diamonds on-chain in Dubai, with Ripple providing custody infrastructure as the firms work toward a regulated tokenized trading setup.

8:04 AM

Neutral

Crypto’s AI push stalls without a ‘ChatGPT moment,’ Justin Sun says

After posting “All in AI” on X, the Tron founder says artificial intelligence could become crypto’s next major growth driver as the industry works toward clearer product-market fit.

7:44 AM

Positive

Elon Musk's xAI is hiring crypto specialists to train its AI models

The remote role focuses on teaching AI models how crypto markets work, from trading behavior to on-chain activity and risk management.

7:18 AM

Positive

Cathie Wood's ARK buys over $70 million of crypto stocks as bitcoin slides

Fresh buys in CRCL, COIN, and BLSH come as Cathie Wood’s funds lean into exchange and stablecoin names during a market dip

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Ipro | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026