Crypto News – CoinFlux Owner Pleads Guilty & 80% of Top Stablecoins Controlled by 6 Wallets
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Crypto Market News – CoinFlux Owner Pleads Guilty To Racketeering &
80% of Top #Stablecoins Are Controlled By 6 Accounts
June 27, 2020
Here is the latest #Cryptocurrency news items we’ve posted on our blog. You can find our blog here: https://cryptocoinmindset.com/crypto-blog/
In our first news story, The owner of the now defunct CoinFlux Crypto Exchange has plead guilty on charges of racketeering. Law enforcement officials alleged that he and 14 others defrauded US residents out of millions of dollars via their scheme.
Read the entire article here: https://cryptocoinmindset.com/coinflux-owner-pleads-guilty-to-racketeering/
Our second story highlights how 80% of the top stablecoins are controlled by just 6 different accounts. This shows some major centralization of the top stablecoins. However, the report also highlighted the fact that about 40% of the transactions in these accounts were valued at less than $100 each. This shows that stablecoins have been accepted as a medium of transaction.
Read the blog post here: https://cryptocoinmindset.com/80-of-top-stablecoins-controlled-by-less-than-6-accounts/
For more information about your #OnlinePrivacy & #OnlineSecurity check out our website: https://cryptocoinmindset.com/online-security-101-protecting-your-personal-data-online/
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01:08 CoinFlux Owner Pleads Guilty to Racketeering
01:47 CCM Online Privacy & Online Security
02:18 80% of Top Stablecoins Controlled by 6 Accounts
02:58 Wrap Up
03:15 Find CryptoCoinMindSet on LBRY
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