21:00-7:00 Keywords: Circle, Harris, BitClout, Bahamas 1. Harris: has not yet chosen a running mate. The Bahamas has introduced the Digital Asset DARE 2024 Act. 3. The SEC publishes an investor information page affected by Terraform. 4. Sources: Circle's pre-IPO valuation is about $5 billion; 5. The Bank of Italy has developed a new licensing consensus agreement for the central bank's DLT system. 6. The SEC has accused the founder of BitClout of running a fraudulent cryptoasset scheme. 7. The Un...
BitClout founder Nader Al-Naji has been charged by the Securities Exchange Commission with running a multi-million dollar fraudulent crypto asset scheme involving a social media platform called BitClout and its namesake native token, BTCLT. The Securities Exchange Commission alleged that Al-Naji raised more than $257 million through unregistered BTCLT offerings and sales, while falsely claiming that the proceeds would not be used to compensate him or other BitClout employees. In fact, Al-Naji wi...