Do Kwon, co-founder and CEO of Singapore-based Terraform Labs, was arrested in Montenegro after being found carrying falsified documents at Podgorica airport. This follows Interpol’s issuing of a red notice for the 31-year-old fugitive at the request of South Korea in September 2022, with Do Kwon wanted concerning fraud charges following the collapse of the TerraUSD and Luna cryptocurrencies in May 2022.
Do Kwon charged with criminal and civil offenses
Do Kwon has since been charged with eight counts of fraud by US prosecutors, with criminal charges following hot on the heels of civil charges brought by the US Securities and Exchange Commission (SEC) in February 2023. Kwon is accused of misrepresenting the value of stablecoin TerraUSD, which was linked with Luna, and resulted in a staggering $40 billion loss. The SEC has accused Do Kwon and Terraform of “orchestrating a multi-billion dollar crypto asset securities fraud.”While this is the latest new story highlighting the increasing focus on crypto compliance, one coin that remains free of controversy and helps individuals grow financial portfolios is AltSignals. Already one of the most trusted providers of trading signals across various markets, AltSignals is hitting the next steps with the release of its new ASI token and brand new AI-powered trading stack.
What is AltSignals?
AltSignals launched in 2017 and has become one of the world’s leading providers of trading signals to a vast community of more than 52,000 members, gaining a reputation as a highly trusted source of trading signals, with almost 500 positive reviews on Trustpilot, providing an average 4.9/5 rating. The market-leading AltAlgo™ trading indicator tool uses algorithms and expert analysis to provide highly accurate and successful outputs. To illustrate how AltSignals has helped individuals with financial growth, members trading Binance Futures made 10x portfolio returns in 19 out of 32 months.
The platform recently released plans to take its outputs to the next level with a brand new, cutting-edge AI-powered trading stack, ActualizeAI. The new trading tool aims to help members increase their financial growth with the help of new AI technology that works together to improve the accuracy and frequency of its outstanding trading signals.
ActualizeAI combines several groundbreaking AI technologies to provide users with the wherewithal to make better informed and more profitable decisions. Machine learning applies rules-based logic that applies an understanding of market operations to the data, a process accelerated by natural language processing (NLP), before predictive modeling applies historical data trends to the outputs. Reinforcement learning assesses the risk/reward ratio, allowing users to find the optimal buy and sell prices for their holdings and maximize each opportunity for financial growth.
The new trading stack scours markets 24/7 and continually refreshes and refines the quality and accuracy of its algorithms as more data is fed into the tool. This exciting new toolkit has made investors sit up and take notice, and has simultaneously awakened the senses of existing members to the possibility of enjoying even more significant financial growth.
How does ASI work?
The ASI token fuels the entire AltSignals ecosystem, from providing access to the platform’s outstanding educational and coaching content library to unlocking access to the ActualizeAI outputs. All token holders can use ActualizeAI, with those holding more than 50,000 tokens gaining lifetime use and those with fewer than 50,000 tokens enjoying access for a year.
Meanwhile, ASI token holders can become members of the exclusive VIP AI Members Club. Members can take advantage of early offers on the best and potentially most lucrative private and public presale offers and test new features during the beta phase. Each piece of feedback to developers is rewarded with crypto income and exclusive early use of new products as they’re rolled out.
Best of all, ASI offers token holders excellent utility levels and unlocks full voting rights in governing the future direction of AltSignals’ overall platform. This community-led governance is another attractive feature for interested investors.
How high can ASI go?
ASI has enjoyed a cracking opening to its presale event, with $755k already raised. Tokens are currently available to reserve at just $0.015 in stage 1 of the presale and will rise to $0.02274 by the end of the event before listing on exchanges.
Experts have been excited at the prospect of ASI’s powerful platform in AltSignals, as it showcases what is possible when combining AI and blockchain technology. It is therefore no surprise that analysts are predicting an exciting future for ASI in 2023, with many believing that the coin will reach approximately $0.50 by the end of the year.
Looking for financial growth? Make ASI your next investment
AltSignals is already proven to help individuals make well-informed investment decisions that maximize financial gain. This will help the platform negotiate any adverse fall-out from the recent arrest of one of crypto’s big names, Do Kwon, along with its exciting future at the forefront of AI and blockchain innovation.
Now is the time to get involved with the ASI token to gain maximum effect of the platform and its new tools and enjoy potentially enormous profits rolling in as AltSignals hits the big time later this year.
You can participate in the ASI presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.