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AML Bitcoin Founder Faces Up to 30 Years in Prison for Telecommunications Fraud and Money Laundering

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On March 16th, as reported by News.bitcoin, a federal jury in San Francisco found Rowland Marcus Andrade, the founder and CEO of AML Bitcoin, guilty of telecommunications fraud and money laundering. Andrade is scheduled to be sentenced on July 22, 2025. He could face a maximum of 20 years in prison for telecommunications fraud, up to 10 years in prison for money laundering, and the seizure of assets related to his crimes. Based on the evidence presented during the trial, 47-year-old Andrade from Texas misappropriated more than $2 million from AML Bitcoin sales for personal use, such as purchasing two properties in Texas and two luxury cars. He laundered investors' funds through various bank accounts and then used these funds to finance his own purchases. The jury determined that Andrade falsely claimed that AML Bitcoin was about to obtain approval from the Panama Canal Authority, when in fact, no such agreement existed. Through these false statements, he raised millions of dollars from investors.

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North Korean hacker group Lazarus Group holds 13,562 BTC, worth approximately $1.14 billion

On March 16th, as reported by Bitcoin.com, a North Korean hacking group currently holds 13,562 BTC, which is valued at approximately $1.14 billion. This has caused North Korea's Bitcoin holdings to surpass those of El Salvador (6,117 BTC) and Bhutan (10,635 BTC), making North Korea the third-largest government entity in terms of global Bitcoin holdings. It is only second to the United States (198,109 BTC) and the United Kingdom (61,245 BTC).

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April and October are traditionally strong months for Bitcoin, and historical data suggests a strong rebound before June.

On March 16th, as per Cointelegraph's report, analyst Timothy Peterson pointed out in a new chart analysis that Bitcoin is on the verge of entering the traditional strong months - the "Golden Window Period" consisting of April and October. If the historical seasonal pattern repeats, Bitcoin is expected to soar to $126,000 by June 1st, compared to the current price of $82,967, indicating a more than 50% increase. Peterson stated that the current Bitcoin price is close to the lower limit of the historical seasonal fluctuation range. In his chart analysis, he emphasized, "Historically, Bitcoin has spent only 4 months below the trend line on average. The red dashed trend line points to the $126,000 target on June 1st, which closely aligns with the high-speed breakout pace after a corrective phase in historical bull markets. Data shows that there have been five corrections of over 20% since 2023, but each correction has been followed by a stronger rally. The bull market is not over; the cur

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Only 3 days left until the Federal Reserve interest rate decision, with only a 2% probability of a rate cut in March.

March 16: Based on the data from CME's "FedWatch Tool", there are 3 days remaining until the next FOMC meeting (the rate decision will be announced at 2 am Beijing time on March 20). The likelihood of the Fed cutting rates by 25 basis points in March is 2%, while the probability of no change is 98%. The probability of the Fed cutting rates cumulatively by 50 basis points by May is 0.5%, the probability of a cumulative 25 basis point rate cut is 27.7%, and the probability of no change is 71.8%.

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Mubarak's Wallet Address Floating Profit Increases to $1.2 Million

On March 16th, as monitored by ai_9684xtpa, due to a test purchase at CZ's donation address, the balance of the Mubarak leaderboard address "0x970...0a710" has risen to a floating profit of $1.2 million, with a return of 1058 times. The address still retains 13 million Mubarak tokens.

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Mubarak's market cap briefly surpassed $92 million, with a 24-hour price increase expanding to 85.8%.

On March 16th, based on the data from GMGN, due to the previous "CZ Buys Mubarak" news, the market capitalization of Mubarak briefly exceeded 92 million US dollars. Currently, it is reported at 84 million US dollars, with a 24-hour price increase of 85.8%. BlockBeats reminds users that meme coins usually lack practical use cases and experience significant price fluctuations. Therefore, investment should be approached with caution.

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Circle has minted an additional 10 billion USDC on the Solana blockchain in 2025.

On March 16th, as per the monitoring of OnchainLens, two days ago when Circle minted an additional 2.5 billion USDC on the Solana network. As of now, the USDC minting by Circle on the 2025 Solana network has reached 10 billion USDC.

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