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February 7, 2025
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
Pertsev has been working on his appeal after being found guilty of money laundering by a Dutch court in May 2024 — receiving five years and four months.
The Franklin Crypto Index ETF seeks to provide exposure to the spot prices of Bitcoin and Ether, following a similar filing by Bitwise just weeks earlier.
It’s one more development reflecting a change in approach from the US Securities and Exchange Commission toward crypto.
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