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Crypto CEO gets 20 years for $200M Bitcoin Ponzi scheme

Crypto CEO gets 20 years for $200M Bitcoin Ponzi scheme

by Coin Telegraph | February 13, 2026 5:36 pm | CoinTelegaph, Crypto News

A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.
22 Bitcoin worth $1.5M vanish from Seoul police custody

22 Bitcoin worth $1.5M vanish from Seoul police custody

by Coin Telegraph | February 13, 2026 5:35 pm | CoinTelegaph, Crypto News

The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.

Bitcoin, ether little changed before U.S. inflation report

by Coin Desk | February 13, 2026 5:34 pm | Crypto News

Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even though traders are still paying a premium for short-term downside protection.

PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme

by Coin Desk | February 13, 2026 5:34 pm | Crypto News

Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.

Tom Lee Calls MrBeast’s Finance Bet The Next ‘Robin Hood, SoFi, Chime Combined’ For GenZ—’He’s The Guy’

by Benzinga | February 13, 2026 4:24 pm | Crypto News

Thomas Lee, Chairman of BitMine Immersion (NYSE:BMNR), said that YouTube sensation Jimmy Donaldson, also known as MrBeast,’s entry into the financial sector could trigger a significant shift in the financial preferences of younger generations. Lee, also the co-founder...

Bitcoin’s long-term rally is ‘broken’ until it reclaims $85,000, Deribit executive says

by Coin Desk | February 13, 2026 4:15 pm | Crypto News

A bitcoin price drop to $58,000 could reignite buying momentum.
Boerse Stuttgart Digital, Tradias agree merger to build European crypto hub

Boerse Stuttgart Digital, Tradias agree merger to build European crypto hub

by Coin Telegraph | February 13, 2026 3:35 pm | CoinTelegaph, Crypto News

Boerse Stuttgart will merge its crypto arm with Tradias, creating a regulated European crypto unit providing services in trading, custody, staking and tokenized assets.
Aave Labs seeks $50M grant to redirect product revenue to DAO

Aave Labs seeks $50M grant to redirect product revenue to DAO

by Coin Telegraph | February 13, 2026 3:34 pm | CoinTelegaph, Crypto News

Some community members questioned the size of the $50 million package and warned that the proposed AAVE token grant could concentrate voting power.
Bitcoin ETFs bleed $410M as Standard Chartered slashes BTC target

Bitcoin ETFs bleed $410M as Standard Chartered slashes BTC target

by Coin Telegraph | February 13, 2026 3:34 pm | CoinTelegaph, Crypto News

US spot Bitcoin ETFs are on track for a fourth consecutive week of losses as Standard Chartered cut its 2026 Bitcoin target to $100,000.

Wall Street analysts cut Coinbase price targets following Q4 earnings miss

by Coin Desk | February 13, 2026 3:32 pm | Crypto News

JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.

Recapping Consensus Hong Kong

by Coin Desk | February 13, 2026 2:12 pm | Crypto News

Crypto’s role in payments for AI, regulatory changes and the digital asset market dominated conversations on the ground.

Dogecoin Touts Strategy Of Lowering Inflation By Minting 5 Billion DOGE Each Year: ‘Money Is For Moving, Not Collecting Like Rare Pokemon Cards’

by Benzinga | February 13, 2026 12:35 pm | Crypto News

Dogecoin (CRYPTO: DOGE) highlighted its inflationary model on Thursday, claiming that the fixed annual issuance effectively reduces the overall inflation rate. Dogecoin Defends Strategy Dogecoin’s official X account said that the memecoin mints 5 billion coins every...
ETHZilla offers token tied to jet engine leases amid tokenization pivot

ETHZilla offers token tied to jet engine leases amid tokenization pivot

by Coin Telegraph | February 13, 2026 12:24 pm | CoinTelegaph, Crypto News

Crypto treasury firm ETHZilla recently sold some of its crypto to begin a tokenization push by buying two jet plane engines leased to a US airline carrier.

Pudgy Penguins For Valentine’s Day? NFT Brand Opens Pop-Up Store In NYC For Lovers, Friends: ‘Everybody Loves Pengu’

by Benzinga | February 13, 2026 11:21 am | Crypto News

Popular non-fungible token collection Pudgy Penguins (PENGU) announced the opening of a Valentine’s Day pop-up shop in New York City on Thursday to celebrate love and friendships. It’s That Time Of The Year Pudgy Penguins’ X account posted a video showing a...

Crypto use in human trafficking networks surged in 2025: Chainalysis

by Coin Telegraph | February 13, 2026 11:16 am | CoinTelegaph, Crypto News

Chainalysis says that despite the rising use of crypto in trafficking networks, the transparency of blockchain may give visibility into the operations, aiding law enforcement.
Israel arrests two over Polymarket trades on military operations

Israel arrests two over Polymarket trades on military operations

by Coin Telegraph | February 13, 2026 11:16 am | CoinTelegaph, Crypto News

Israeli authorities said a military reservist and a civilian were arrested after allegedly using classified information to place bets related to military strikes on Iran.
Bitcoin open interest hits lows not seen since 2024: Is TradFi abandoning BTC?

Bitcoin open interest hits lows not seen since 2024: Is TradFi abandoning BTC?

by Coin Telegraph | February 13, 2026 9:51 am | CoinTelegaph, Crypto News

Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
Bitcoin loses $2.3B in biggest crash since 2021 as capitulation continues: Analyst

Bitcoin loses $2.3B in biggest crash since 2021 as capitulation continues: Analyst

by Coin Telegraph | February 13, 2026 9:50 am | CoinTelegaph, Crypto News

Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline.

Bitcoin, Ethereum, XRP Slide, While Dogecoin Gains Ahead Of Key Inflation Data: Analyst Flags Level That Historically Marked BTC’s Bottom

by Benzinga | February 13, 2026 8:26 am | Crypto News

Leading cryptocurrencies extended losses alongside the stock market on Wednesday, as investors brace for crucial consumer inflation data. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:25 p.m. ET) Bitcoin (CRYPTO: BTC) -2.14% $66,145.05 Ethereum (CRYPTO:...
Crypto super PAC earmarks $1.5M to unseat Al Green in Texas

Crypto super PAC earmarks $1.5M to unseat Al Green in Texas

by Coin Telegraph | February 13, 2026 8:24 am | CoinTelegaph, Crypto News

Al Green is running against Christian Menefee in the Democratic Party primary elections next month, with Texas one of the first states to hold the vote on March 3.
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