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In March, courts in London and Dubai imposed a worldwide freezing order on Raja’s assets up to £1.3 billion.
The order requires Raja to disclose assets worth more than £10,000 ($13,000) and limits his personal spending to no more than £5,000 ($6,700) per week without explicit consent from MFS administrators.
The UK’s Financial Conduct Authority (FCA) subsequently launched an enforcement investigation into MFS.
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With all activity, beyond just football, Crypto.com recorded trading volume of $350 million for the week, figures from The PM Pulse show. The newsletter, which is in partnership with Aldrin Research for monitoring industry trends, indicated that Crypto saw weekly growth of 41%. While Kalshi and Polymarket accounted for more than $15 billion in weekly volume, four others recorded activity of at least $300 million. Buoyed by a popular Sydney Sweeney ad, Novig increased volume by nearly 34% on the week.
Moving forward, prediction markets could see a bump from appearances by several high-profile teams in primetime during Week 2. On Thursday, the Buffalo Bills will make their regular-season debut at Highmark Stadium against the Detroit Lions. Enthusiasm among supporters of the “Bills Mafia” for the opening of the $2.2 billion stadium could pad weekly totals on prediction markets. New York is one of the nation’s largest markets for sports betting and predictions.
The week will conclude with a matchup on Monday Night Football between the New York Giants and the Los Angeles Rams, the putative Super Bowl favourite. On Kalshi, the Rams had a 75% probability to defeat the Giants as of Wednesday afternoon.
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Again, I don’t want to make this a sales job, I’m sure you’ve had plenty of salesmen make their “buy more and hold it” pitch.
I’ve made a list of links and given a brief summary so that you can take it, bookmark it and read it at your leisure away from the hype or the disparaging comments, which unfortunately, there are plenty as they’re focused on the price of their coin rather than the solutions for your business.
CoinGeek.com – News and Updates – CoinGeek.com is the sister site of CalvinAyre.com that offers news, interviews and analysis of Bitcoin, cryptocurrency and blockchain through a unique lens.
BitcoinSV.com – General Information about BSV – BitcoinSV.com is a good starting point on your BSV journey. The site shares the basics and some case studies of other businesses who’ve already integrated Bitcoin SV into their businesses.