Solana-based decentralized exchange Raydium is working on a Pump.fun memecoin factory competitor

According to Decrypt, Carl Rinsch, the director of the 2013 Keanu Reeves film "47 Ronins," was arrested on Tuesday in West Hollywood and charged with wire fraud and money laundering for allegedly misappropriating $11 million from a "well-known streaming platform," which multiple reports claim is Netflix. Prosecutors claim that Rinsch requested additional funds from a streaming service company in 2020 to complete his science fiction series "White Horse," but transferred the money to a personal account and began securities trading; Before requesting additional funding, his production company had already received a payment of $44 million; By late April 2020, he had lost over half of his funds through high-risk investments, including "highly speculative options and cryptocurrency trading," as well as an ETF tracking the S&P 500 index. The indictment alleges that Rinsch also used these funds to "speculate on cryptocurrencies - which ultimately proved to be profitable. According to the indictment, Rinsch is suspected of using these proceeds to spend $2.4 million on five Rolls Royces and one Ferrari, $3.7 million on furniture and antiques, $652000 on watches and clothing, $638000 on two mattresses, and $295000 on luxury bedding and linen products. Rinsch never delivered the completed TV series to Netflix, and despite completing the "six episode short film," he never returned the money. If convicted of wire fraud, Lynch may face up to 20 years in prison. The crime of money laundering may also result in an additional sentence of up to 20 years in prison, while each of the five charges of engaging in currency transactions with criminal proceeds can result in a maximum sentence of 10 years in prison. If all charges are proven, his total sentence may reach 90 years.

According to BlockBeats, on March 19th, according to the website of the Salvadoran Ministry of Finance, El Salvador has increased its holdings of 8 bitcoins in the past 7 days, with an average price of $82892. At present, its Bitcoin holdings reach 6120.18, with a total value of 507.8 million US dollars. Despite pressure from the International Monetary Fund (IMF) on El Salvador to stop accumulating decentralized value storage assets, El Salvador has still increased its holdings of 41 bitcoins in the past 30 days.

OKX - EOS is currently priced at $0.6393, with a 24-hour increase of 30.55%. 24-hour transaction volume of 500 million US dollars, an increase of 526.5%, for reference only

BlockBeats reported that on March 19th, according to Trader T monitoring, BlackRock's ETHA had a net outflow of $39.87 million yesterday, with a trading volume of $120 million.

According to Cryptonews, Paul Grewal, Chief Legal Officer of Coinbase, criticized the US Treasury Department on Tuesday for ignoring the Fifth Circuit Court's ruling to remove Tornado Cash from the sanctions list, pointing out that the government has wrongly applied sanctions laws to immutable smart contracts. Grewal's remarks on X were a response to the recent ruling by the US government regarding the Fifth Circuit Court, which found that Tornado Cash's immutable smart contract does not qualify as property under US sanctions laws. The court determined that this classification means that Tornado Cash must be removed from the Ministry of Finance's Specially Designated Nationals and Blocked Persons (SDN) list. Despite the court's ruling, officials from the Ministry of Finance stated in court documents that they will proceed to remove Tornado Cash from the list, but requested more time and stated that the ruling only applies to immutable smart contracts and does not affect the broader designation of Tornado Cash as an entity subject to sanctions. The Ministry of Finance is also concerned about the use of coin mixers for money laundering, especially the funds of the Lazarus Group in North Korea, citing national security reasons. Grewal countered that the Ministry of Finance's response was insufficient, implying that it had not learned from the court ruling. He stated that Coinbase will submit a response to support the court ruling and challenge the actions of the Ministry of Finance. In January, it was reported that the US appellate court overturned the Tornado Cash sanctions ruling and remanded the case for retrial.