Money

Elon Musk offers money to help Dogecoin become ‘currency of the internet’

Elon Musk has said he will buy out major Dogecoin holders in order to help make the fringe cryptocurrency the “currency of the internet”.

The SpaceX and Tesla CEO, who overtook Amazon founder Jeff Bezos to become the world’s richest person last month, posted several tweets criticising the so-called crypto whales who hoard large stockpiles of Dogecoin.

These large holders are the only thing standing in the way of Dogecoin from becoming a mainstream currency, according to Mr Musk, who has previously suggested that the “people’s crypto” could become the official currency on Mars.

“If major Dogecoin holders sell most

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A Republican donor gave $2.5 million for a voter fraud investigation. He wants his money back.

Like many Donald Trump supporters, conservative donor Fred Eshelman awoke the day after the presidential election with the suspicion that something wasn’t right. His candidate’s apparent lead in key battleground states had evaporated overnight.

The next day, the North Carolina financier and his advisers reached out to a small conservative nonprofit group in Texas that was seeking to expose voter fraud. After a 20-minute talk with the group’s president, their first-ever conversation, Eshelman was sold.

“I’m in for 2,” he told the president of True the Vote, according to court documents and interviews with Eshelman and others.

“$200,000?” one of

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Americans May Get Their Money in March

How’s that for good news?

Millions of Americans have been hurting financially since the coronavirus pandemic took hold almost a year ago. Unemployment has been rampant, and in the absence of adequate childcare, many parents have been forced to cut their hours or drop out of the labor force altogether, thereby resulting in income loss.

President Joe Biden, however, is intent on providing near-term aid to the public. He’s proposed a $1.9 trillion relief package that includes extended and boosted unemployment benefits as well as an additional $1,400 stimulus payment. And now, it seems as though that payment may hit

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270 addresses are responsible for 55% of all cryptocurrency money laundering


Image: Chainalysis

Criminals who keep their funds in cryptocurrency tend to launder funds through a small cluster of online services, blockchain investigations firm Chainalysis said in a report last week.

This includes services like high-risk (low-reputation) crypto-exchange portals, online gambling platforms, cryptocurrency mixing services, and financial services that support cryptocurrency operations headquartered in high-risk jurisdictions.

Criminal activity studied in this report included cryptocurrency addresses linked to online scams, ransomware attacks, terrorist funding, hacks, transactions linked to child abuse materials, and funds linked to payments made to dark web marketplaces offering illegal services like drugs, weapons, and stolen data.

But while

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Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2021?

The winner of Sunday’s Daytona 500 will not only walk away with bragging rights as the top finisher of the NASCAR Cup Series season opener, but also a nice chunk of change.

How much money will that driver make? Well, that’s a bit of a mystery.

Back in 2016, NASCAR changed its policy and stopped disclosing racers’ earnings in Cup Series box scores because of its charter system. The move frustrated fans in part because it eliminated interesting conversations about total winnings and made driver comparisons more difficult.

Last year, though, NASCAR peeled back the curtain ahead of the Daytona

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Florida man who used CARES Act PPP loan money to buy a Lamborghini pleads guilty

Don’t try and buy one of these with money stolen from the government.


Lamborghini

So, it’s not a great idea to attempt to scam the government. It has a lot of resources and entire departments of smart and officious people who are dedicated solely to tracking you down and peeing in your Wheaties (figuratively speaking).

That said, it’s probably an even worse idea to defraud the government of millions of dollars in Paycheck Protection Program loans and use some of that money to buy a Lamborghini. That’s just what Miami resident David Hines, 29, did last year. We reported on

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