Trump's conviction could mean a return of market fluctuations, but it may not be bad news for investors.

After Mr. Trump's conviction last Thursday in a hush money case, his campaign took advantage of the situation to play the grieving card to raise money.

On June 3, local time, former U.S. President Trump made remarks in an interview on 34 felony charges of falsifying business records in his hush money case, saying that he was willing to accept the jail or house arrest he might face, but he was not sure whether the public would accept this decision. In addition, in the interview, Trump insisted that he had done nothing wrong and denounced the "vicious" people involved in the conviction. It is reported that the jury members in charge of Trump's hush money criminal case issued a verdict on May 30, convicting Trump of 34 felony counts of falsifying business records in the hush money case, each of which carries a maximum sentence of four years in prison, and Trump may eventually face up to 20 years in prison, and the verdict date in this case is set for July 11. At a press conference on May 31, Trump lashed out at the hush money criminal verdict and said he would appeal.

PANews May 31st news, according to Watcher.Guru, Donald Trump's presidential campaign team stated that they have raised $34.8 million in small dollar donations since Trump's conviction. Earlier news, Trump was convicted of 34 counts of felony, becoming the first former president in American history to be found guilty.

Akman believes that if the defendant is not Trump, the judge will never make a similar ruling.

Odaily Planet Daily News According to Lookonchain monitoring, a savvy trader made approximately 972 SOL (worth about $167,000) in 5 hours by trading the Trump-themed tokens FREE TRUMP (FREE) and NEVER SURRENDER (TRUMP). With the news of Trump's conviction, many MEME s based on Trump have been created. The address spent 85 SOL (146,000 USD) to buy FREE, then sold it at a price of 814 SOL (140,000 USD), earning 729 SOL (valued at approximately 125,000 USD). Also spent 72 SOL (123,000 USD) to buy TRUMP and sold it at a price of 315 SOL (540,000 USD), earning 243 SOL (valued at approximately 42,000 USD).

The Golden Finance reported that, according to Lookonchain's monitoring, as the news of Trump's conviction spread, many MEMEcoins themed around Trump were created. A savvy trader made around 972 SOL tokens (167,000 USD) in 5 hours by trading the Trump-themed tokens FREE TRUMP (FREE) and NEVER SURRENDER (TRUMP). The trader spent 85 SOL (USD 14,600) to buy FREE and then sold it at a price of 814 SOL (USD 140,000), making a profit of 729 SOL (USD 125,000). They also spent 72 SOL (USD 12,300) to buy TRUMP and then sold it at a price of 315 SOL (USD 54,000), making a profit of 243 SOL (USD 42,000).

According to Jinse Finance, after former US President Donald Trump was convicted of 34 counts in the "hush money" case, the price of Trump-themed meme coin plummeted. MAGA (code: TRUMP), the largest Trump-themed meme coin by market capitalization, dropped from $15 before the conviction to $11.27, a decrease of nearly 25%. Other related coins such as MAGA Hat (code: MAGA), Super Trump (code: STRUMP), and MAGA VP (code: MVP) also fell by 16% to 22%. At the same time, the stock of Trump Media and Technology Group (DJT) fell 9% in after-hours trading on Nasdaq. The price of the meme coin Jeo Boden (code BODEN), related to the current President Joe Biden who is competing with Trump, rose 12% within an hour. After the verdict, Trump denied all charges and called the trial "manipulated". This is the first time in American history that a president has been convicted of a high crime.

Tornado Cash Dev Alexey Pertsev Appeals Money Laundering Conviction Alexey Pertsev, developer of crypto mixer Tornado Cash, has filed an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The first hearing may take several months, and it is unclear if the appeal has been approved. Pertsev, who received a 64-month jail sentence, has the option to request to await the appeal trial at home but has already begun serving his prison time

On May 7, Goldman Sachs raised the target price of Nvidia from $1,000 to $1,100, believing that the chipmaker, which focuses on artificial intelligence, will show a positive trend. Analyst Toshiya Hari said there were signs that "demand for AI servers continues to be strong and supply is improving." Despite the stock's outperformance so far this year, a positive earnings correction could push "the stock pumped up again." Goldman Sachs has given Nvidia a buy rating and is on Goldman Sachs' "Conviction List".

PANews reported on April 26 that, according to Cointelegraph, U.S. securities regulators filed a lawsuit against Geosyn Mining and its co-founders, accusing them of defrauding investors of $5.6 million by misrepresenting the number of Crypto Assets Mining Rig they operated, while misappropriating customer funds for personal consumption. The U.S. SEC Corporation (SEC) filed a lawsuit in federal court in Fort Worth, Texas, on April 24, alleging that Geosyn, its CEO Caleb Joseph Ward, and former head of operations, Jeremy George McNutt, defrauded about 64 investors between November 2021 and December 2022 through a service protocol as a sale of securities. The SEC alleges that the protocol who paid to buy and run the Crypto Assets Mining Rig on behalf of their customers "falsely claimed" that Geosyn had a cheap energy contract with a power supplier, when in reality the cost was "up to 40-50 percent" higher than the rates they had told its customers, and that they also lied to investors about Geosyn's operations, which had contracted a service protocol to purchase 1,400 Mining Rig, but failed to purchase 400 of them, and " Never bring longest purchased mining rigs online"; Protocol to Geosyn's protocol, which told investors that they could choose the Crypto Assets they wanted to mine, the company refused to mine requests for any other Crypto Assets other than Bitcoin; the company paid investors Bitcoin proceeds to make them "believe that their mining rigs are running and profitable, when they are not" and produced "fake documents" containing "fabricated mining productivity and profits"; the duo embezzled about $1.2 million of investor funds for personal consumption such as dining, nightclubs, vacations, Firearms, watches, and legal fees, among others. The SEC also said the duo also used other $22,000 in investor funds to purchase breath testing equipment, as well as expenses related to the arrest and conviction of the duo and Geosyn employees for drunk driving during the June 2022 Crypto Assets conference.

Coin Network Report: 7:00-12:00 Keywords: Base, ApeCoin, ACDE, UK 1. Magic Eden has now been extended to the Base network; 2. ApeCoin: ApeChain Testnet will be launched soon; 3. Ethereum's 185th ACDE meeting: discuss L1 and L2 governance processes; 4. Person in charge of Base protocol: The amount of USDC on the Base network is second only to Ethereum; 5. Rune DOG•GO•TO•THE•MOON ranked first in terms of trading volume in the past 24 hours; 6. UK law enforcement agencies can seize crime-related encryption assets without conviction from now on; 7. Runes protocol Token DOG market capitalization close to $500 million, 24-hour volume more than $13 million; 8. Lava Network released LAVA tokenomics, 6.6% Token will be used for API provider rewards; 9. Franklin Templeton tokenized $380 million U.S. government coin fund on Polygon and Stellar.

Odaily News The Home Office said in a press release that new regulations that help law enforcement agencies confiscate Crypto Assets used in crime will come into effect on Friday. As a result of these new rules, the country's police will no longer need to make arrests before seizing encryption assets. The UK parliament passed a crime bill last year that laid the groundwork for faster seizures of Crypto Assets, followed by new rules. Chief Crown Prosecutor Adrian Foster said in a press release: "It is vital that investigators and prosecutors have the ability and flexibility to keep up with this changing nature of crime, and these new measures will greatly contribute to our ability to restrict, freeze or eliminate the encryption assets of illicit businesses." ” Officials will also be able to transfer Crypto Assets to Wallets controlled by law enforcement agencies. They will also be able to burn these Crypto Assets if putting them back into circulation is not in the public interest. In addition, the press release states that confiscated Privacy Coins may be burned. （CoinDesk）

Coin Network Report: Coin World Network reported that the British Home Office said in a press release that on Friday, new powers to help law enforcement agencies confiscate Crypto Assets used for crime came into effect. The Interior Ministry has announced that as a result of these new rules, the country's police will no longer need to make arrests first when confiscating Crypto Assets holdings, which will make it easier to confiscate assets known to have been obtained through criminal means, even if sophisticated criminals are able to protect their Anonymity or are overseas. The new rules come after the UK Parliament passed the Crimes Bill last year, which lays the groundwork for a more swift confiscation of Crypto Assets.

The Home Office said in a press release that on Friday, new powers to help law enforcement agencies confiscate Crypto Assets used for crime came into effect. The Interior Ministry has announced that as a result of these new rules, the country's police will no longer need to make arrests first when confiscating Crypto Assets holdings, which will make it easier to confiscate assets known to have been obtained through criminal means, even if sophisticated criminals are able to protect their Anonymity or are overseas. The new rules come after the UK Parliament passed the Crimes Bill last year, which lays the groundwork for a more swift confiscation of Crypto Assets.

PANews News on April 26, according to CoinDesk, the British Home Office said in a press release that on Friday, the new power to help law enforcement agencies confiscate Crypto Assets used for crime came into effect. The Interior Ministry has announced that as a result of these new rules, the country's police will no longer need to make arrests first when confiscating Crypto Assets holdings, which will make it easier to confiscate assets known to have been obtained through criminal means, even if sophisticated criminals are able to protect their Anonymity or are overseas. The new rules come after the UK Parliament passed the Crimes Bill last year, which lays the groundwork for a more swift confiscation of Crypto Assets. Chief Crown Prosecutor Adrian Foster said in a press release: "It is vital for investigators and prosecutors to have the ability and flexibility to keep pace with the changing nature of crime, and these new measures will go a long way towards helping us restrict, freeze or eliminate Crypto Assets assets from illicit businesses." "Officials will also be able to transfer Crypto Assets to Wallets controlled by law enforcement agencies." They will also be able to destroy these Crypto Assets Crypto Assets assets if it is not in the public interest to put them back into circulation. The press release states that Privacy Coins are an asset type and that confiscated Privacy Coins may be burned.

According to the official website of the U.S. Department of Justice, U.S. Attorney Damian Williams for the Southern District of New York announced that SHAKEEB AHMED was formally sentenced to three years in prison by U.S. District Judge Victor Marrero for hacking two independent decentralized cryptocurrency exchanges and stealing more than $12 million worth of cryptocurrency. AHMED has previously pleaded guilty to computer fraud. According to Damian Williams, "This is the first ever case of a conviction for a smart contract hack and an order to confiscate all stolen cryptocurrency." As today's verdict shows, jail time and confiscation of all stolen cryptocurrencies are an inevitable consequence of this destructive hacking. ”

Former FTX CEO Sam Bankman-Fried filed an appeal on Thursday after being found guilty of seven criminal charges. The former executive filed a Notice of Appeal with Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York. According to court documents, the appeal concerned his conviction and sentence. SBF was sentenced to nearly 25 years in prison on March 28 and ordered to repay up to $11 billion in investor and creditor losses. At sentencing, Kaplan asserted that SBF had perjured at trial and stated that he knew his actions were wrong. SBF told the court during his verdict that he made a "selfish decision," while adding that customers' funds were lost in a "liquidity crisis" caused by mismanagement of user accounts and the company's broader operations by FTX employees.

The UK government recently released a Statutory Instrument document, announcing that from April 26, UK law enforcement agencies will be able to freeze crypto assets used for crime without the need for a conviction. The document, released on Feb. 29, outlines amendments to the Economic Crime and Corporate Transparency Act 2023, which expands the National Crime Agency's authority to confiscate and seize crypto assets suspected of being linked to suspected illegal activity without going through a formal legal process. In addition, authorities will be able to retrieve crypto assets directly from exchanges and custodial wallet providers. They also have the option to burn crypto assets if needed. （Cointelegraph）

An appeals court upheld Randall Crater's fraud conviction for founding the Crypto Assets project My Big Coin and sentenced him to more than eight years in prison. In a Feb. 23 filing with the First Circuit Court of Appeals, a three-judge panel affirmed Randall Crater's conviction Long after a jury found Crater guilty of four counts of wire fraud, three counts of illegal currency trading, and one count of operating an unlicensed money transmission business. （Cointelegraph） Previously, in early February, Judge Denise J. Casper of the Federal Court in Boston sentenced My Big Coin founder Randall Crater to 100 months (8 years and 4 months) in prison and three years of out-of-prison custody on charges of marketing and selling fraudulent virtual money and operating an unlicensed virtual money exchange. Crater was also ordered to pay a fine of $7,668,317.