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Al-Naji ran a site called BitClout and, according to the SEC, siphoned millions for personal expenses, including a Beverly Hills mansion.

Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.

The State Duma passed two bills on Tuesday.

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