{"id":11942,"date":"2022-06-20T20:55:34","date_gmt":"2022-06-20T18:55:34","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=11942"},"modified":"2022-06-22T09:26:29","modified_gmt":"2022-06-22T07:26:29","slug":"crypto-news-week-25-bnb-a-look-under-the-sec-microscope","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/11942","title":{"rendered":"Crypto News Week #25 &#8211; US States Open Investigation Into Celsius Network"},"content":{"rendered":"\n<p><em>Crypto market plummets, Celsius under Texas investigation, Kazakhstan opens its door to crypto exchanges, Terraform slammed with a Lawsuit: These and more in this week\u2019s Crypto News.<\/em><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Top_Crypto_News_Headlines_Of_The_Week\" title=\"Top Crypto News Headlines Of The Week\">Top Crypto News Headlines Of The Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Top_Stories_Of_The_Week\" title=\"Top Stories Of The Week\">Top Stories Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Texas_Other_States_Open_Investigation_Into_Celsius_Network_Following_Account_Freeze\" title=\"Texas, Other States Open Investigation Into Celsius Network Following Account Freeze\">Texas, Other States Open Investigation Into Celsius Network Following Account Freeze<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Terraform_Labs_Founder_VC_Firms_Sued_on_Claims_That_Investors_Were_Misled\" title=\"Terraform Labs, Founder, VC Firms Sued on Claims That Investors Were Misled\">Terraform Labs, Founder, VC Firms Sued on Claims That Investors Were Misled<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#This_Weeks_Market_Sentiment\" title=\"This Week\u2019s Market Sentiment\">This Week\u2019s Market Sentiment<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#985_of_all_cryptos_have_crashed_over_90_from_ATH\" title=\"98.5% of all cryptos have crashed over 90% from ATH\">98.5% of all cryptos have crashed over 90% from ATH<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Mainstream_Adoption_Of_The_Week\" title=\"Mainstream Adoption Of The Week\">Mainstream Adoption Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Kazakhstan_to_let_crypto_exchanges_open_bank_accounts\" title=\"Kazakhstan to let crypto exchanges open bank accounts\">Kazakhstan to let crypto exchanges open bank accounts<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Exclusive_From_SaTT\" title=\"Exclusive From SaTT\">Exclusive From SaTT<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#How_to_buy_SaTT_with_Apple_Pay_or_a_Credit_Card_on_Trust_Wallet\" title=\"How to buy SaTT with Apple Pay or a Credit Card on Trust Wallet?\">How to buy SaTT with Apple Pay or a Credit Card on Trust Wallet?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Create_your_Trust_Wallet\" title=\"Create your Trust Wallet\">Create your Trust Wallet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#Buy_your_SaTTs_by_blue_card_or_Apple_Pay\" title=\"Buy your SaTTs by blue card or Apple Pay\">Buy your SaTTs by blue card or Apple Pay<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/satt-token.com\/blog\/archives\/11942\/#This_Weeks_Crypto_Meme\" title=\"This Week\u2019s Crypto Meme\">This Week\u2019s Crypto Meme<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_Crypto_News_Headlines_Of_The_Week\"><\/span><strong>Top Crypto News Headlines Of<\/strong> The Week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><em>Amidst financial crises rocking the Celsius DeFi project, Texas and other states have opened investigations into its activities.<\/em><\/li><li><em>Following the crypto market downturn, about 98.5% of all cryptos have crashed, over 90% from ATH.<\/em><\/li><li><em>Kazakhstan continues to make efforts toward becoming a crypto safe haven as the country is set to let crypto exchanges open bank accounts.<\/em><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_Stories_Of_The_Week\"><\/span><strong>Top Stories Of The Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Texas_Other_States_Open_Investigation_Into_Celsius_Network_Following_Account_Freeze\"><\/span><a href=\"https:\/\/www.coindesk.com\/business\/2022\/06\/16\/texas-other-states-open-investigation-into-celsius-network-following-account-freeze\/\" target=\"_blank\" rel=\"noopener\"><strong><em>Texas, Other States Open Investigation Into Celsius Network Following Account Freeze<\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/timthumb-1024x538.jpeg\" alt=\"\" class=\"wp-image-11945\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/timthumb-1024x538.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/timthumb-300x158.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/timthumb-768x403.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/timthumb.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This move by Celsius Network to suspend consumer withdrawals is being investigated by many jurisdictions, including Texas and Alabama.<\/p>\n\n\n\n<p>The crypto lending platform <a href=\"https:\/\/blog.celsius.network\/a-memo-to-the-celsius-community-59532a06ecc6\" target=\"_blank\" rel=\"noopener\">said on June 12<\/a> that withdrawals, as well as its swap and transfer products, will be <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/06\/13\/crypto-lending-service-celsius-pauses-withdrawals-citing-extreme-market-conditions\/\" target=\"_blank\" rel=\"noopener\">paused<\/a> due to &#8220;extreme market conditions.&#8221; Rumors about the company&#8217;s bankruptcy circulated swiftly on social media, causing fear and market sell-offs.<\/p>\n\n\n\n<p>Texas State Securities Board (TSSB) director of enforcement, Joe Rotunda, told CoinDesk that his staff learned of the account freezing through social media and convened early Monday morning to begin the inquiry.&nbsp;<\/p>\n\n\n\n<p>\u201cI am very concerned that clients \u2013 including many retail investors \u2013 may need to immediately access their assets yet are unable to withdraw from their accounts,\u201d Rotunda <a href=\"https:\/\/www.reuters.com\/markets\/us\/exclusive-texas-securities-regulator-is-probing-celsius-account-freeze-official-2022-06-16\/\" target=\"_blank\" rel=\"noopener\">said<\/a> to Reuters. \u201cThe inability to access their investment may result in significant financial consequences.\u201d<\/p>\n\n\n\n<p>The probe into Celsius&#8217;s freezing of client accounts, according to Alabama Securities Commission Director Joe Borg, is a &#8220;new wrinkle&#8221; in an ongoing investigation.<\/p>\n\n\n\n<p>\u201cWe\u2019ve been working with Celsius for a while,\u201d Borg told CoinDesk. \u201cWe\u2019ve asked for lots more information, and they\u2019re providing it.This isn&#8217;t Celsius&#8217; first run-in with Texas securities authorities, who <a href=\"https:\/\/www.coindesk.com\/policy\/2021\/09\/17\/texas-securities-regulator-adds-celsius-to-its-crypto-lending-crosshairs\/\" target=\"_blank\" rel=\"noopener\">started investigating<\/a> the platform&#8217;s crypto interest accounts \u2013 which promised up to 17 percent returns \u2013 in September.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Terraform_Labs_Founder_VC_Firms_Sued_on_Claims_That_Investors_Were_Misled\"><\/span><a href=\"https:\/\/www.coindesk.com\/business\/2022\/06\/17\/three-arrows-capital-confirms-heavy-losses-from-lunas-collapse-exploring-potential-options-report\/\" target=\"_blank\" rel=\"noopener\"><strong><em>Terraform Labs, Founder, VC Firms Sued on Claims That Investors Were Misled<\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/nkhqwhFb.jpeg\" alt=\"Top Stories\" class=\"wp-image-11947\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/nkhqwhFb.jpeg 680w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/nkhqwhFb-300x200.jpeg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/figure>\n\n\n\n<p>According to a <a href=\"https:\/\/www.wsj.com\/articles\/battered-crypto-hedge-fund-three-arrows-capital-considers-asset-sales-bailout-11655469932?mod=latest_headlines\" target=\"_blank\" rel=\"noopener\">WSJ story<\/a>, the beleaguered cryptocurrency fund Three Arrows Capital (3AC) stated Friday that it had sustained significant losses in the current market slump and that it had recruited legal and financial consultants to help it find a way out.<\/p>\n\n\n\n<p>Kyle Davies, the co-founder of 3AC, told the Wall Street Journal, &#8220;We are committed to working things out and finding an equitable solution for all our constituents.&#8221; As of April, the fund has approximately $3 billion in cryptocurrencies under management.<\/p>\n\n\n\n<p>3AC is looking into asset sales and a rescue by another company.  Reaching a deal with creditors is another path they&#8217;re on, according to Davies. According to a different revelation published today <a href=\"https:\/\/www.theblock.co\/post\/152665\/ftx-deribit-bitmex-liquidated-three-arrows-capital\" target=\"_blank\" rel=\"noopener\">by The Block<\/a>, 3AC owes at least $6 million to the crypto market BitMEX.<\/p>\n\n\n\n<p>According to Davies, 3AC invested around $200 million in LUNA tokens as part of the Luna Foundation Guard&#8217;s $1 billion fundraising in February, a sum that has subsequently become basically worthless since the Terra ecosystem collapsed in mid-May. &#8220;The Terra-Luna situation caught us off guard,&#8221; Davies told the Wall Street Journal.<\/p>\n\n\n\n<p>Over the space of a week, LUNA lost virtually all of its value, while its algorithmic stablecoin terraUSD (UST) plummeted to a few cents after losing its planned peg with the US dollar. 3AC was also renowned for being one of the largest investors of Grayscale Bitcoin Trust (GBTC), an institutional bitcoin instrument, and staked ether (stETH) tokens, both of which have lately witnessed sharp drops (Grayscale and CoinDesk are independent subsidiaries of the Digital Currency Group).<\/p>\n\n\n\n<p>3AC is working on quantifying its losses and pricing its illiquid assets. According to Davies, this include several venture-capital investments in crypto businesses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"This_Weeks_Market_Sentiment\"><\/span><strong><strong>This Week\u2019s Market Sentiment<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"985_of_all_cryptos_have_crashed_over_90_from_ATH\"><\/span><a href=\"https:\/\/technext.ng\/2022\/06\/17\/98-5-of-all-cryptos-have-crashed-over-90\/\" target=\"_blank\" rel=\"noopener\"><strong><em>98.5% of all cryptos have crashed over 90% from ATH<\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/1200x800-1024x683.jpeg\" alt=\"Crypto News\" class=\"wp-image-11946\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/1200x800-1024x683.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/1200x800-300x200.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/1200x800-768x512.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/1200x800.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The crypto bear market, which has lasted seven months, has taken a toll on practically all digital assets. Almost all of the cryptos in the top 100 by market capitalization have lost 90% or more of their value since their peaks. To put things in perspective, the overall digital asset market valuation peaked at $3 trillion in November 2021 but has since plunged over 70% to $896 billion, according to <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">Coinmarketcap<\/a> statistics at press time.<\/p>\n\n\n\n<p>The vast majority of cryptocurrencies have seen significant losses. According to statistics from price aggregator <a href=\"https:\/\/coingolive.com\/\" target=\"_blank\" rel=\"noopener\">CoinGoLive<\/a>, 13,240 out of 13,436 cryptocurrencies are presently down 90% from their all-time highs. Stablecoins account for 19 of the 196 coins that have retraced less than 90% from their highs, implying that the precise percentage is significantly higher.<\/p>\n\n\n\n<p>There is evidence that coins with a high market capitalization have outperformed others. Only one of the top ten cryptocurrencies by market size, $XRP, has dropped 90%, while the others have dropped between 64 and 85%.<\/p>\n\n\n\n<p>Increased inflation worries and a halt to withdrawals by crypto lending service Celsius are the most likely causes of cryptos collapsing. Investors are also continuing to steer clear of riskier assets, as evidenced by the stock markets. The crypto price drop, according to experts, indicates that investors&#8217; risk appetite is waning.<\/p>\n\n\n\n<p>According to the Crypto Dread and Greed Index, investor mood has shifted to &#8220;extreme fear.&#8221;<\/p>\n\n\n\n<p>In another argument, the decline is being attributed to comments made by Bill Gates on Reddit, in which the Microsoft founder said: \u201cI like to invest in things that have value. The value of companies is based on how well they make great products. The value of crypto is just based on what one person decides how much another person will pay for it.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mainstream_Adoption_Of_The_Week\"><\/span><strong>Mainstream Adoption Of The Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kazakhstan_to_let_crypto_exchanges_open_bank_accounts\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/kazakhstan-to-let-crypto-exchanges-open-bank-accounts\" target=\"_blank\" rel=\"noopener\"><strong><em>Kazakhstan to let crypto exchanges open bank accounts<\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b-1024x768.jpeg\" alt=\"Crypto News\" class=\"wp-image-11948\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b-1024x768.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b-300x225.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b-768x576.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b-1536x1152.jpeg 1536w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/GettyImages-824750728-1ac3226b6cfb4c7485333a0f7810854b.jpeg 1885w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Kazakhstan will establish a trial project for crypto exchanges in the Astana International Finance Centre&#8217;s special economic zone, in addition to its rapid progress toward <a href=\"https:\/\/cointelegraph.com\/news\/tax-guidelines-for-crypto-mining-pass-the-first-reading-in-kazakhstan\" target=\"_blank\" rel=\"noopener\">legalizing crypto mining<\/a>. On Thursday, the Kazakhstan Republic&#8217;s Ministry of Digital Development, Innovations, and Aerospace Industry <a href=\"https:\/\/www.gov.kz\/memleket\/entities\/mdai\/press\/news\/details\/388987?lang=kk\" target=\"_blank\" rel=\"noopener\">unveiled a trial initiative<\/a> involving crypto exchanges and a few local banks.<\/p>\n\n\n\n<p>The working group, which included representatives from the Ministry of Digital Development, the National Bank, the Financial Monitoring Agency, the Association of Financiers, the Astana International Finance Center, and financial and crypto market stakeholders, formulated the guidelines for that collaboration.<\/p>\n\n\n\n<p>The exchanges that have been granted a license by the newly constituted Astana Financial Service Authority will be part of the pilot project, which will run through the end of 2022. (AFSA). It will serve as a template for Kazakhstan&#8217;s future growth as a regional crypto powerhouse. On the AIFC website, detailed instructions should be available soon.<\/p>\n\n\n\n<p>The modifications to the national tax law to impose a crypto mining tax connected to the rates of power utilized by mining firms were <a href=\"https:\/\/cointelegraph.com\/news\/tax-guidelines-for-crypto-mining-pass-the-first-reading-in-kazakhstan\" target=\"_blank\" rel=\"noopener\">passed in the first reading<\/a> by the Kazakh parliament on May 25.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exclusive_From_SaTT\"><\/span><strong>Exclusive From SaTT<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_buy_SaTT_with_Apple_Pay_or_a_Credit_Card_on_Trust_Wallet\"><\/span><a href=\"https:\/\/satt-token.com\/blog\/2022\/04\/20\/how-to-buy-satt-with-apple-pay-or-a-credit-card-on-trust-wallet\/\"><strong><em>How to buy SaTT with Apple Pay or a Credit Card on Trust Wallet?<\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1-1024x453.png\" alt=\"HowToBuySaTTOnCreditCard_Plan de travail 1\" class=\"wp-image-11683\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1-1024x453.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1-300x133.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1-768x340.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1-1536x680.png 1536w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/04\/HowToBuySaTTOnCreditCard_Plan-de-travail-1.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Chances are that you must have heard of SaTT, the influencer currency. Probably want to get involved, but you&#8217;ve never purchased a cryptocurrency before? No problem; we&#8217;ll show you how to use Simplex to make a purchase from Trust Wallet.<\/p>\n\n\n\n<p>First and foremost, in order to purchase SaTT on Trust Wallet, you must have a Trust Wallet. It&#8217;s only a few steps, so don&#8217;t be concerned. If you already have a Trust Wallet wallet, skip to step 7.<\/p>\n\n\n\n<p>Few steps to take:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Create_your_Trust_Wallet\"><\/span><strong>Create your Trust Wallet<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ol class=\"wp-block-list\"><li>Download the <em>Trust Wallet<\/em> application according to your platform: Android or iOS.<\/li><li>Create a new wallet&nbsp;<\/li><li>Accept the Terms and Conditions of Use&nbsp;<\/li><li>Trust Wallet will give you a series of 12 words. Please write these down in the order shown on a piece of paper and keep it! <em>(Note: loss of these words will result in the loss of all your funds in case of problems)<\/em><\/li><li>Put the 12 words back in the correct order to continue.<\/li><li>Congratulations! Your wallet is now ready to receive <em>SaTT<\/em>.<\/li><\/ol>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buy_your_SaTTs_by_blue_card_or_Apple_Pay\"><\/span><strong>Buy your SaTTs by blue card<\/strong> <strong>or Apple Pay<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ol class=\"wp-block-list\" start=\"7\"><li>Click on \u201cBuy\u201d on the home page<\/li><li>Type \u201cSaTT\u201d in the search bar&nbsp;<\/li><li>Select \u201cBEP20\u201d to buy SaTT on the Binance blockchain.<\/li><li>Enter the dollar amount you want to buy (at least $50).<\/li><li>Click the \u201cNext\u201d button.<\/li><li>Enter your payment information.<\/li><li>Click the \u201cNext\u201d button.<\/li><li>Wait for your <em>SaTT <\/em>to arrive.<\/li><\/ol>\n\n\n\n<p>For a video demonstration of the above steps, <a href=\"https:\/\/www.youtube.com\/watch?v=xH_R1yPwS_M\" target=\"_blank\" rel=\"noopener\">kindly check this link<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"This_Weeks_Crypto_Meme\"><\/span><strong>This Week\u2019s Crypto Meme<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/d2d6e9554beface7b91d4aea7b87705bddb794c68c2f4b2161c18eb21b1fa287_1.jpeg\" alt=\"Crypto Meme\" class=\"wp-image-11943\" width=\"700\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/d2d6e9554beface7b91d4aea7b87705bddb794c68c2f4b2161c18eb21b1fa287_1.jpeg 640w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/06\/d2d6e9554beface7b91d4aea7b87705bddb794c68c2f4b2161c18eb21b1fa287_1-242x300.jpeg 242w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>We hope you enjoyed this week&#8217;s edition of crypto news. For a peek at our previous edition of crypto news &amp; blockchain news, click <a href=\"https:\/\/satt-token.com\/blog\/2022\/06\/16\/crypto-news-week-24-bnb-a-look-under-the-sec-microscope\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto market plummets, Celsius under Texas investigation, Kazakhstan opens its door to crypto exchanges, Terraform slammed with a Lawsuit: These and more in this week\u2019s Crypto News. Top Crypto News Headlines Of The Week Amidst financial crises rocking the Celsius [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":11953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[656,47],"tags":[],"class_list":["post-11942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-crypto-stories"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/11942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=11942"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/11942\/revisions"}],"predecessor-version":[{"id":11954,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/11942\/revisions\/11954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/11953"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=11942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=11942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=11942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}