Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

'I have nothing': Imprisoned John McAfee claims his crypto fortune is gone

John McAfee asserted in an extradition hearing in Spain that the tax evasion charges aimed against him are politically motivated.

Software antivirus pioneer John McAfee has told his one million Twitter followers that his entire crypto fortune is gone — although he concedes not everyone will believe he’s telling the truth.

The McAfee antivirus founder has been behind bars in Spain since October 2020 — when he was arrested for tax evasion — but that hasn’t stopped him from posting on Twitter on a near-daily basis.

The 76-year-old tweeted earlier today that “I have nothing. Yet, I regret nothing,” and noted that:

“The US believes I have hidden crypto. I wish I did but it has dissolved through the many hands of Team McAfee (your belief is not required), and my remaining assets are all seized. My friends evaporated through fear of association.”

The U.S. government is currently seeking McAfee’s extradition, with a ruling set to come from Spanish courts in the coming days.

McAfee has a litany of charges aimed against him, including the alleged operation of two “pump and dump” related crypto scams that duped investors out of $13 million.

If extradited, McAfee will face court on charges for evading taxes between 2014 and 2018, after he failed to report income from multiple revenue streams such as crypto gains, paid crypto promotions, consultancy work, and selling the rights to his life-story documentary.

McAfee’s life behind bars appears to be one of contemplation, as he regularly tweets messages with tones that switch between sorrow, acceptance for his circumstances, mixed in with sparks of aggression towards the U.S. governing bodies.

In the June 9 tweet, he notes that “after uncountable lawsuits and the reach of the FED's I now have nothing. But inside these prison bars I have never felt more free. The things you believe you own, in reality own you.”

It is a stark contrast to McAfee’s earlier years in which his net worth grew to $100 million from his successful anti-virus software firm. McAfee used to own a mansion worth more than $5 million in Colorado Springs, and even lived on a luxury yacht out in Dominican Republic waters, which he dubbed a “freedom boat.”

According to the June 2020 indictment from the Justice Department’s Tax Division and Tennessee prosecutors, McAfee faces a minimum of five years on each count of tax evasion and a one-year minimum on each count of willful failure to file a tax return.

Given his age, the serial entrepreneur is likely to spend the remainder of his life behind bars if found guilty.

McAfee spoke at Spanish High Courts this week during the first hearing of his extradition trial and asserted that charges from U.S. governing bodies are politically motivated due to his two attempts to run as a Libertarian Party candidate in the U.S. presidential elections. He says he drew the IRS's attention in 2018 when:

"I also announced I would target the IRS and its corruption, and two months later the IRS filed charged against me."

Spanish prosecutor, Carlos Bautista rejected this claim and described McAfee as a “tax rebel, nothing else. A millionaire who doesn't want to pay taxes."

https://ift.tt/2TC3kXB

Comments

Popular posts from this blog

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...

Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week. Bitcoin ( BTC ) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView  showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp on Sept. 27.  The move constitutes a rejection at a “critical” zone to break, Cointelegraph contributor Michaël van de Poppe explained, with $42,000 now the key level to hold for a higher low. Bitcoin is acting in an increasingly narrow range, he summarized in his latest YouTube update. “Right now, we’re stuck,” he said, pointing to $47,000 as next should the $44,600 zone be reclaimed. On the downside, the zone between $38,000 and $40,000 remains valid for a bounce, while a co...

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...