JUST IN: 🇭🇰 Hong Kong spot Bitcoin and Ethereum ETF trading officially live.

@WatcherGuru

Bad passwords are illegal and for nerds

Literally, the United Kingdom has made bad passwords illegal

(this applies strictly to manufacturers who provide poor default passwords to consumers, among other issues)

More information: https://news.sky.com/story/admin-and-12345-banned-from-being-used-as-passwords-in-uk-crackdown-on-cyber-attacks-13125565

Early Bitcoin Investor Charged with Tax Fraud

Roger Ver arrested in Spain and charged with mail fraud, $48 million tax evasion, and filing false tax returns, wanted for extradition to the United States

https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud

BREAKING: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.

@WatcherGuru

🇪🇺EU Considers Restrictions on Russian LNG

Amid discussions of potential EU sanctions targeting Russian liquefied natural gas (LNG), reports suggest that the focus may be on limiting re-exports within the union rather than halting direct purchases. Both Bloomberg and Reuters sources indicate that bans might center on re-exportation from EU territories.

Furthermore, the EU is exploring the prospect of imposing additional sanctions on forthcoming LNG projects in Russia, including "Arctic LNG-2," "Murmansk LNG," and the Ust-Luga LNG plant. However, specific details regarding these measures remain undisclosed.

Primarily, deliberations revolve around barring the use of EU ports for re-exports, while leaving intact the procurement of Russian LNG for internal consumption within the bloc.

Although in the early stages, some member states express skepticism towards these propositions. Notably, the unanimous support of all EU member states is required for the adoption of any sanctions.

Alexei Belogoriev, Deputy Director of the Institute of Energy and Finance, underscores the EU's reliance on Russian LNG due to a concealed deficit in the global market. He predicts that viable alternatives won't materialize until at least the first quarter of 2025, or potentially later.

Highlighting Russia's substantial presence in the European LNG market, Belogoriev notes that the country ranks as the second-largest supplier after the United States, with its share increasing from 15% last year to 19% in the first four months of this year.

#EU #Russia #LNG
@songofoil

JUST IN - U.S. drug control agency will move to reclassify marijuana as a less dangerous "Schedule III" drug.

https://www.disclose.tv/id/pb985u40fu/

@disclosetv

On Monday a former NSA employee was sentenced for attempting to sell Top Secret United States documents to the Russian Federation.

His plot was foiled when he tried to sell the documents to an undercover FBI Agent.

He was sentenced to 21 years in prison
https://www.justice.gov/opa/pr/former-nsa-employee-sentenced-over-21-years-prison-attempted-espionage

🕵️‍♀️ Forensic analysis uncovers criminal Bitcoin clusters tied to money laundering.

Scientists teamed up to analyze blockchain data, revealing shady transactions to crypto exchanges. Hunt on to stop bad actors.

Read on: https://thehackernews.com/2024/05/bitcoin-forensic-analysis-uncovers.html

JUST IN: 🇺🇸 US Senator Cynthia Lummis says she is concerned by the Biden administration's attack on Bitcoin and decentralized finance.

"I will do everything I can to fight for your rights to hold your own keys and run your own node."

@WatcherGuru

The EU is demonizing essential privacy tools like VPNs, Signal, TOR, & encrypted email services like Tutanota & ProtonMail. They also plan to monitor cryptocurrency use, so public chain users should be aware!

https://twitter.com/CryptoTweetie/status/1785090598027895058