Tripoli Court Sentences Nine Defendants for Illegal Crypto Mining at Zliten Iron Factory Tripoli Court Sentences Nine Defendants to Three Years in Prison for Illegal Crypto Mining at Zliten Iron Factory Legal News • Crypto Crime The Tripoli Court of Appeal has sentenced nine individuals to three years in prison after they were found guilty of illegally exploiting state-owned equipment at the Zliten Iron Factory to mine cryptocurrencies, including Bitcoin. Authorities discovered that the defendants had covertly used factory machinery and power infrastructure to operate mining hardware, resulting in significant financial losses for the state-owned facility. Ordered to Return Illegally Obtained Funds In addition to the prison sentences, the court ruled that all nine defendants must return the profits generated from the unauthorized mining activity . The ruling emp...
Franklin Templeton Receives Approval to List XRP Fund on the New York Stock Exchange Franklin Templeton Receives Approval to List XRP Fund on the New York Stock Exchange Institutional Adoption • XRP News Franklin Templeton , one of the world’s largest asset managers, has officially received the green light to list its new XRP investment fund on the New York Stock Exchange (NYSE) . This marks a major milestone for institutional adoption of XRP and represents one of the biggest endorsements of Ripple’s ecosystem by traditional finance. A Major Step for XRP Institutional Adoption The approved fund will allow investors to gain exposure to XRP through a regulated, publicly traded product—similar to Bitcoin and Ethereum exchange-traded funds. According to regulatory filings, the XRP fund will: Hold XRP directly as its underlying asset Be fully cus...