Multichain 價格MULTI

The Securities and Exchange Commission accused PGI Global’s CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims. The Securities and Exchange Commission has charged Ramil Palafox, CEO of PGI Global, with orchestrating a $198 million international fraud scheme tied to crypto and forex trading, alleging he misused over $57 million of investor funds for luxury cars, designer goods, and personal expenses. According to the SEC, PGI Global claimed to be a crypto asset and foreign exchange trading company. From January 2020 through October 2021, Palafox sold “membership” packages that he said would bring investors high returns. These packages were linked to PGI Global’s “supposed crypto asset and foreign exchange trading and offered members multi-level-marketing-like referral incentives to encourage them to recruit new investors,” the SEC said. The financial watchdog claims Palafox attracted investors with the “allure of guaranteed profits” from crypto and foreign exchange trading, but instead of trading, Palafox bought himself and his family cars, watches, and homes using millions of dollars of investor funds. “Palafox used the guise of innovation to lure investors into lining his pockets with millions of dollars while leaving many victims empty-handed. In reality, his false claims of crypto industry expertise and a supposed AI-powered auto-trading platform were just masking an international securities fraud.” Laura D’Allaird, chief of the Commission’s new cyber and emerging technologies unit The SEC filed its complaint in the U.S. District Court for the Eastern District of Virginia. It seeks permanent injunctions, penalties, and the return of ill-gotten gains. Palafox also faces criminal charges in a separate case from the U.S. Attorney’s Office for the Eastern District of Virginia.

R2, the RWA stablecoin yield protocol, has reached a cooperation with Plume and officially launched the Plume test network R2, the RWA stablecoin yield protocol, announced that it has completed its deployment on the Plume testnet, marking a key step in its multi-chain strategy. Plume is a high-performance Layer 1 public chain focusing on the RWA track (RWAFi), dedicated to providing infrastructure support for real assets on the chain. Since the testnet was launched 5 days ago, the R2 protocol has attracted more than 55,000 users worldwide to participate in the interaction. Users can receive test tokens through Discord, experience functions such as minting R2USD, staking R2USD, BTC, ETH, and receive points rewards. Officials said that R2 will access more test networks in the near future, continue to expand the multi-chain ecosystem, and enrich the access path of underlying assets. R2 aims to create the next generation of stablecoin protocols with real returns, redeemability and transparency. The underlying assets cover diversified sources of income such as on-chain US bonds and compliant MMF strategies. The mainnet is expected to be officially launched in the second quarter of 2025.

White House Press Secretary: US government will respond to Harvard University lawsuit in court The White House press secretary said Harvard University is at risk of losing federal funds, and the US government will respond to Harvard University's lawsuit in court. Harvard University in the United States said on the 21st that it had filed a federal lawsuit against the Trump administration, claiming that it had frozen billions of dollars in federal funds, illegally undermined the school's academic independence, and violated the school's constitutional rights. The president of Harvard University said in a statement that freezing funds was illegal and beyond the government's power. It is reported that the US government agencies mentioned in the lawsuit by Harvard University include the Department of Education, the Department of Health and Human Services, the Department of Justice, the Department of Energy, and the General Services Administration. Previously, the Trump administration announced on April 14 that it would freeze approximately $2.3 billion in multi-year grants and $60 million in multi-year contracts provided to Harvard University. It is reported that Harvard University had stated on the same day that it would not comply with a series of requests made by the Trump administration to combat anti-Semitism. In addition, the Trump administration also stated on the 18th that it had asked Harvard University to provide records of foreign funding and some foreign relations over the past decade.

#ETH/ $BTC: ETHBTC pair make new low today and ethbtc continue dropping without any bounce. But now chart is showing bullish RSI divergence on ETHBTC. Breakout above 0.0200 will give a solid dead cat bounce. Multi year support line at 0.0160. Weekly RSI at oversold, a small news and we will see bounce in ETHBTC chart. ETH Pectra upgrade on May 7 which can also push price up.

I think @CredibleCrypto can resonate with me with his $CRV multi-year bet. Playing the long-term game is an edge here.