In February, early Bitcoin investor Roger Ver, also known as "Bitcoin Jesus," urged a U.S. judge to dismiss prosecutors' charges of tax evasion for selling millions of dollars of Bitcoin, calling the case unconstitutional. On December 3, Ver filed a document in a California federal court, saying that the IRS's exit tax on those who choose to renounce their U.S. citizenship and have assets exceeding $2 million is unconstitutional and "vague." "The controversial 'exit tax' violates the apportionment clause and due process clause of the Constitution... The charges also rely on provisions of the U.S. tax law that are vague at all relevant times and cannot be applied to the digital assets that constitute the charges," Ver argued. It is reported that the IRS's exit tax is intended to ensure that U.S. citizens pay all necessary taxes before they renounce their citizenship and exit the country's tax system. (Cointelegraph) Earlier in May, Roger Ver was accused by the Department of Justice of mail fraud, tax evasion and filing false tax returns, and was arrested in Spain on U.S. criminal charges. The United States will seek to extradite Roger Ver to the United States for trial. Roger Ver renounced his U.S. citizenship on February 4, 2014. After moving abroad, U.S. law required Roger Ver to file a tax return to report the capital gains from the sale of his assets worldwide (including Bitcoin), and he was required to pay taxes on these capital gains. The Department of Justice believes that Roger Ver has caused the IRS a total loss of at least $48 million.

On December 4, according to SoSoValue data, all crypto market sectors rose except PayFi, which fell back by 3.14%. NFT and CeFi sectors rose by 15.60% and 15.23% in 24 hours respectively. It is worth noting that in the NFT sector, APENFT (NFT) rose by 38.94%, SuperVerse (SUPER) rose by 21.62%, Apecoin (APE) rose by 18.85%, and Blur (BLUR) rose by 6.84%. In the CeFi sector, CEX-related tokens rose significantly, Huobi (HT) rose by 35.35%, Binance Coin (BNB) rose by 16.46%, OKB (OKB) rose by 13.54%, and Gate (GT) rose by 9.27%. Other sectors with outstanding performance include: Layer 1 sector rose 9.86%, Tron (TRX) within the sector rose 71.5%, Hyperliquid (HYPE) rose 40.7%. DePIN sector rose 7.77%, RWA sector rose 7.72%, DeFi sector rose 7.09%, and Layer 2 sector rose 6.75%. In addition, the PayFi sector, which had risen strongly in the past two days, ushered in a correction, with a 24h drop of 3.14%, and XRP (XRP) within the sector fell 7.58%.

Today, South Korea's largest opposition party, the Democratic Party, said it would accuse President Yoon Seok-yeol, the Minister of Defense, and the Minister of Public Administration and Security of sedition and promote impeachment. The Democratic Party said it is promoting the impeachment of President Yoon Seok-yeol and is expected to complete the drafting of the impeachment documents today. (Kim 10)

A Russian court has sentenced Stanislav Moiseev, the founder of online black market and cryptocurrency mixing service Hydra, which processed more than $5 billion worth of cryptocurrencies during its operation, to life in prison. According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow Regional Court found Moiseev and 15 of his associates guilty of organized criminal gangs and illegal production and sale of psychotropic substances and narcotics. The sentences handed down by Moiseev's 15 associates ranged from eight to 23 years. Moiseev was also fined $38,100 (4 million rubles), while his 15 associates were ordered to pay a total of $152,400 (16 million rubles). As part of the sentencing order, property and vehicles associated with the convicted were also seized. According to Russian state-owned media outlet TASS, they will serve their sentences in a correctional facility under a "strict regime." (Cointelegraph)

Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer. source: https://cointelegraph.com/news/hydra-market-founder-sentenced-to-life-in-russia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to South Korea's YTN TV station: South Korea's opposition party plans to propose a motion to impeach the president today. (Jin Shi)

According to on-chain analyst @ai_9684xtpa, the RSR market maker is GSR Markets. In the past 2 hours, GSR deposited 280 million RSRs to Binance, about 6.66 million US dollars. Recently, GSR has also been frequently trading RSR, boosting its price.

According to the official announcement, Gate.io will launch the XRP trading team battle from 20:00 on December 3, 2024 to 23:59 on December 10 (UTC+8). During the event, users create XRP trading teams, form alliances with friends, and complete XRP spot transactions to have the opportunity to share $50,000 group gifts. It is understood that the XRP trading team battle covers three benefits, among which the team ranking award is as high as $20,000, and the team members will share the team bonus according to their XRP spot trading volume. The team lucky prize is $5,000, and 500 lucky users will be drawn, each of whom will receive a $10 reward. The exclusive reward for new users is $25,000. During the event, if you register and complete identity authentication and trade no less than $10XRP spot, you can get a $10 reward, first come first served.

According to Odaily, a wallet that received POL tokens from the Polygon Foundation recently transferred all 8.68 million POL tokens, valued at $6.19 million, to FalconX. This transaction occurred four hours ago. Initially, on November 15, the wallet obtained these tokens from the 'Polygon Ecosystem Growth' wallet, at which time they were worth only $3.2 million. Since then, the price of POL, formerly known as MATIC, has surged by approximately 106%.

According to Paidun monitoring, Alameda Research transferred 72.6 million BIT (worth approximately US$64.4 million) to Mirana Ventures in the past 10 hours.

Meme coin has almost occupied the top position in this round of bull market. Why? Because it has several unique characteristics.

My preference for productive assets with development arcs remains the same, but my appreciation for the broader potential of memecoin is much broader.

Virgin Voyages is making history as the first cruise line to accept Bitcoin, expanding on its innovative seasonal passes for unlimited voyages. Will this bold move chart success or face rough seas?

South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."

The world’s largest cryptocurrency exchange has $21.6 billion in user funds deposited.

Recently, we have seen a lot of progress in Ethereum wallets to improve user experience, security, and functionality.

Currently, the theme of "Trump Deal" has been replaced by the theme of "Grand Bargain" between US President-elect Trump and China.

Some cryptocurrencies are already showing signs of early altcoin season, including Hedera’s HBAR, which is up 763% over the past month.

In short, this is a newly emerging track. We can look forward to its future, but we must also be aware of the many uncertainties it faces. How far this track can go, we will probably have to wait until next year to see the signs.