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🌙 DOJ Arrests Founders of Privacy-Focused Crypto Wallet Samourai

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service

Author

Mike Gavela
April 24, 2024

Crypto Roundup - Apr 24

Recent developments in the cryptocurrency sector include notable regulatory and market movements. The U.S. Department of Justice has arrested the founders of Samourai, a privacy-focused crypto wallet, citing undisclosed specific charges. Meanwhile, BlackRock's Bitcoin ETF has set a new record for inflows, highlighting increasing institutional interest despite market fluctuations. Additionally, Standard Chartered remains bullish on Bitcoin, predicting its price could reach $150,000 in 2024 despite a cool-down in ETF hype and ongoing global economic uncertainties.

Top Stories:

  • DOJ arrests Samourai founders: The founders of the privacy-centric cryptocurrency wallet Samourai have been arrested, though specific charges have not been detailed.

  • BlackRock Bitcoin ETF records high inflows: This ETF has achieved a new milestone in investment inflows, underscoring robust interest from institutional investors.

  • Bitcoin's price could hit $150,000: According to Standard Chartered, despite current market challenges and a slowdown in ETF activities, Bitcoin's value is expected to significantly rise by the end of 2024.

TOP STORIES

DOJ arrests founders of privacy-focused crypto wallet Samourai

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service.

blockworks.co/news/doj-arrests-founders-samourai

BlackRock Bitcoin ETF leapfrogs ‘cash vacuum cleaners’ with new inflow record

BlackRock's spot Bitcoin ETF has taken in inflows for 71 days straight. Only nine other ETFs have ever done it.

www.dlnews.com/articles/markets/blackrock-bitcoin-etf-notches-new-inflow-record

Bitcoin ETF Hype Cooling, But BTC Will Still Hit $150,000: Standard Chartered - Decrypt

The leading UK-based bank says it is still bullish on Bitcoin, holding firm on its bold price prediction for 2024.

decrypt.co/227946/bitcoin-price-prediction-150000-in-2024-standard-chartered

FUNDRAISES

OTHER HEADLINES

Jack Dorsey’s Block Is Building a Bitcoin Mining System

The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.

www.coindesk.com/business/2024/04/24/jack-dorseys-block-is-building-a-bitcoin-mining-system

39% of Canada’s institutional investors have exposure to crypto: KPMG

39% of Canadian institutional investors now directly or indirectly own crypto, according to a survey from KPMG.

cointelegraph.com/news/nearly-forty-percent-canada-institutional-investors-exposure-crypto-kpmg

Bitcoin Meme Coin DOG Hits $336 Million Market Cap After Runes Airdrop - Decrypt

DOG•GO•TO•THE•MOON (aka DOG) was airdropped to Ordinals holders Wednesday, immediately becoming the most widely-held Bitcoin Runes token.

decrypt.co/227953/bitcoin-meme-coin-dog-336-million-market-cap-runes-airdrop

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