Detroit Embraces Crypto for Taxes, ’Crypto Queen’ Mystery Deepens

Simply Crypto

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax payments, marking a significant step in digital finance. Meanwhile, the mystery of 'Crypto Queen' Ruja Ignatova continues as new leads suggest she may be alive in South Africa. Plus, Bitcoin Fog's founder receives a 12-year sentence for money laundering, highlighting the dark side of crypto. Explore these stories and more as we delve into the evolving landscape of cryptocurrency and its implications for the future.
Sources:
https://www.cbsnews.com/detroit/video/detroit-will-become-largest-city-in-u-s-to-accept-cryptocurrency-for-taxes/
https://www.benzinga.com/markets/cryptocurrency/24/11/41849213/crypto-queen-ruja-ignatova-onecoins-4-billion-fraud-mastermind-is-alive-and-in-south-africa-german-police-suspects
https://thehackernews.com/2024/11/bitcoin-fog-founder-sentenced-to-12.html
https://www.cnbc.com/2024/11/09/piper-sandler-says-buy-these-stocks-to-profit-from-a-wave-of-crypto-adoption.html
Outline:
(00:00:00) Introduction
(00:00:42) Detroit will become largest city in U.S. to accept cryptocurrency for taxes
(00:03:41) 'Crypto Queen' Ruja Ignatova, OneCoin's $4 Billion Fraud Mastermind, Is Alive And In South Africa, German Police Suspects
(00:07:03) Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering
(00:10:39) Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks