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FTX Refunds and UAE’s Tax Exemption: Crypto Landscape Shifts

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Manage episode 444140897 series 3550975
Content provided by Simply Crypto from Qurrent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply Crypto from Qurrent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, we discuss the recent approval of a bankruptcy plan that will refund FTX customers up to $16.5 billion, a remarkable recovery after the exchange's collapse. We also explore the UAE's groundbreaking decision to exempt all crypto transactions from value-added tax, a move that could reshape the global cryptocurrency market. Additionally, we delve into the alarming rise of pig butchering scams targeting crypto investors, costing billions, and the guilty plea of a hacker involved in a $37 million cryptocurrency heist. Join us as we navigate these pivotal developments in the crypto world.
Sources:
https://www.bbc.com/news/articles/c0qz3dg21vqo
https://www.coindesk.com/policy/2024/10/07/uae-exempts-crypto-transactions-from-value-added-tax/
https://asamnews.com/2024/10/07/romance-dating-apps-forced-southeast-asian-labor-cryptocurrency/
https://cybersecuritynews.com/crypto-hacker-pleads-guilty/
Outline:
(00:00:00) Introduction
(00:00:39) FTX: Customers of failed crypto firm set for refunds
(00:03:51) UAE Exempts Crypto Transactions From Value Added Tax
(00:06:22) Pig butchering scams target crypto investors, costing billions
(00:09:03) Crypto Hacker Pleads Guilty for Stealing Over $37 Million in Cryptocurrency
  continue reading

110 episodes

Artwork
iconShare
 
Manage episode 444140897 series 3550975
Content provided by Simply Crypto from Qurrent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply Crypto from Qurrent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, we discuss the recent approval of a bankruptcy plan that will refund FTX customers up to $16.5 billion, a remarkable recovery after the exchange's collapse. We also explore the UAE's groundbreaking decision to exempt all crypto transactions from value-added tax, a move that could reshape the global cryptocurrency market. Additionally, we delve into the alarming rise of pig butchering scams targeting crypto investors, costing billions, and the guilty plea of a hacker involved in a $37 million cryptocurrency heist. Join us as we navigate these pivotal developments in the crypto world.
Sources:
https://www.bbc.com/news/articles/c0qz3dg21vqo
https://www.coindesk.com/policy/2024/10/07/uae-exempts-crypto-transactions-from-value-added-tax/
https://asamnews.com/2024/10/07/romance-dating-apps-forced-southeast-asian-labor-cryptocurrency/
https://cybersecuritynews.com/crypto-hacker-pleads-guilty/
Outline:
(00:00:00) Introduction
(00:00:39) FTX: Customers of failed crypto firm set for refunds
(00:03:51) UAE Exempts Crypto Transactions From Value Added Tax
(00:06:22) Pig butchering scams target crypto investors, costing billions
(00:09:03) Crypto Hacker Pleads Guilty for Stealing Over $37 Million in Cryptocurrency
  continue reading

110 episodes

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