The US Prosecution Seeks to Sentence Samourai Wallet Founder to Up to 5 Years in Prison

On November 4th, the prominent crypto analyst @IamCryptoWolf posted on Platform X and stated that Ethereum is entering the final stage of the correction that commenced in August. All of this is part of a larger pattern that started around $1500. If Ethereum is unable to quickly return to $3900, we can anticipate buying Ethereum at $3400.

On November 4th, Berachain issued an update announcement indicating that the majority of key partners are prepared, except for one oracle provider. In view of the recent problems with Stream/Elixir, the oracle provider has been under significant pressure in the past 24 hours. They anticipate resuming operations within a few hours. Once the oracle comes back online and the blockchain starts generating blocks, Berachain will release another update. During this period, the team has verified and received presigned transactions from the whitehat individual who is currently in possession of the stolen BEX funds. Once the blockchain resumes block production, these transactions will transfer the BEX funds from the whitehat to the foundation deployer's wallet, thereby eliminating the reliance on the whitehat. If the recovery process proceeds smoothly, Berachain will share the latest updates with the community. In a statement made yesterday, the Berachain Foundation stated, "Validator nodes ha

On November 4th, the U.S. prosecutors demanded a 5-year prison term for each of the two founders of the privacy wallet Samourai Wallet, namely Keonne Rodriguez and William Lonergan Hill. This was due to their long-term operation of an unregistered encrypted coin mixing service and their assistance in money laundering of at least $237 million, which included proceeds from crimes such as drug trafficking, activities on the dark web, hacking, and illegal content. The two pleaded guilty in July and are scheduled to be sentenced this week. (TheBlock)

On November 4th, according to the monitoring of HyperInsight, the "1011 Insider Whale" has once more boosted its long positions in Bitcoin and Ethereum. As of the time of this writing, its total long position amount has reached $80.33 million.

On November 4th, "Pal" shared a photo on the X platform accompanied by the caption, "The greatest thing following liquidation is skinny dipping." Today's news reveals that "Pal" experienced a 25x Ethereum long liquidation. Since October, he has made a cumulative deposit of 1,727,000 USDC into Hyperliquid. The Hyperliquid account has suffered a total loss of 13.33 million USD, and only 16,771.24 USD remains in the account.