Saturday May 04, 2024

Former Cred Execs Face Charges, Nigeria’s P2P Crypto Market Thrives

Former executives of bankrupt cryptocurrency lender Cred face wire fraud and money laundering charges. Meanwhile, peer-to-peer (P2P) cryptocurrency transactions in Nigeria reach a staggering $500 billion. Also, Tether steps up monitoring to combat illicit finance, and Robinhood's massive transfer of Shiba Inu (SHIB) tokens sparks excitement in the crypto community.

Sources:
https://cointelegraph.com/news/cred-bankrupt-cryptocurrency-lender-executives-wire-fraud-money-laundering
https://punchng.com/crypto-peer-to-peer-trading-is-worth-500bn-in-nigeria-cryptocurrency-expert/
https://economictimes.indiatimes.com/markets/cryptocurrency/stablecoin-tether-steps-up-monitoring-in-bid-to-combat-illicit-finance/articleshow/109833447.cms
https://timestabloid.com/robinhood-moved-1-75-trillion-shib/

Outline:
(00:00:00) Introduction
(00:00:41) Former Cred execs face wire fraud and money laundering charges
(00:02:58) Crypto: Peer-to-peer trading is worth $500bn in Nigeria
(00:05:27) Stablecoin Tether steps up monitoring in bid to combat illicit finance
(00:08:18) Robinhood Moved 1.75 Trillion SHIB

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