Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD. Also known as BUSD, the token is traded almost exclusively on the Binance exchange and its market cap – which roughly corresponds to the total value of dollars deposited with its issuer,... Meanwhile, in the news, former US federal agent Shaun Bridges plead guilty to $800,000 USD in Bitcoin theft. Shaun Bridges played a role in shutting down the infamous Silk Road online marketplace, which led to the arrest and conviction of Ross Ulbricht. During the Silk Road investigation and takedown, Bridges funneled funds from vendors into ... 5 Apr 2015 Former Secret Service agent Shaun Bridges may have also targeted Bitcoin Shop, according to CEO Charles Allen. Any use or reliance on our content is solely at your own risk and discretion."Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole." Bob Greifeld, CEO of Nasdaq-OMX Stock Market, Inc. Buying ... Secret Service Agent Shaun Bridges stole thousands of Bitcoin from Silk Road, while DEA agent Carl Mark Force tried to blackmail Ulbricht by allegedly selling classified information. Both federal agents have since been convicted. Ulbricht appealed to the US Supreme Court in 2017 to overrule the authorities’ sentencing and life imprisonment on the grounds that the US government’s use of ... Binance Brings Jobs, Education and Investment. The Premier of Bermuda, Edward David Burt, announced on Friday his government’s new partnership with cryptocurrency exchange Binance. Under the signed agreement, the company is to establish a Global Compliance Centre in the country creating forty jobs. Binance will also invest $10 million in ... The longstanding argument from Ross Ulbricht supporters has hinged on the corruption cases for two of the federal agents: Shaun Bridges and Carl Mark Force. Both agents have since been convicted ... U.S. Secret Service agent Shaun Bridges pleaded guilty to crimes relating to his diversion of $800,000 worth of bitcoins to his personal account during the investigation, and also separately pleaded guilty to money laundering in connection with another cryptocurrency theft; he was sentenced to nearly eight years in federal prison.
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