A U.S. federal judge has sentenced Firoz Patel, the founder of crypto payments platform Payza, to an additional 3.5 years in prison after he attempted to conceal 450 Bitcoin (BTC) worth $43.5 million from authorities. This sentencing follows his 2020 conviction for operating an unlicensed money-transmitting business and laundering illicit funds. Patel’s Initial Conviction and
Rosemina J.
Rosemina is a blockchain researcher specializing in payment systems and DeFi. She discovered decentralized finance during DeFi Summer and has been deeply immersed in the space ever since. As a contributor to CoinRock, she shares her in-depth research on the latest trends, innovations, and challenges in blockchain payments and DeFi, helping readers navigate the decentralized finance landscape.
TIGER 21, an exclusive network of high-net-worth investors, entrepreneurs, and executives, has disclosed that $6 billion of its $200 billion portfolio is allocated to cryptocurrency. This allocation reflects a growing institutional appetite for digital assets, particularly Bitcoin as a store of value and inflation hedge. TIGER 21’s Crypto Investment Strategy In a Feb. 5 interview