2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.
Related Posts


UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. 484 Total views 18 Total shares The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically…

‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe "has been co-opted as a hate symbol" by certain groups. 127 Total views 1 Total shares Coinbase chief legal officer Paul Grewal has issued an apology after the crypto exchange sent out an email…

Crypto Hedge Funds See Best January on Record
Crypto hedge funds that make up Eurekahedge's index of crypto hedge funds have experienced a 21.15% return in January 2020. Eurekahedge Crypto-Currency Hedge Fund Index2017 vibes?This is not only the best January on record (the Index goes back to July 2013) but the first positive return for the month of January since 2017, when it posted…

Telegram crypto bots gain momentum in the market: Binance Research
Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services.The cumulative crypto trading volume associated with Telegram bots exceeded $190 million as of early August 2023, according to a new report by Binance’s research arm Binance Research.Crypto activity facilitated through Telegram bots has…

Coinbase to face lawsuit over unregistered securities sales, judge rules
Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the remaining claims” in court.

Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S. Federal Reserve releases its latest economic projections and the timeline of the proposed rate hikes today.However, Jurrien Timmer, the…

Singapore flags digital payment tokens as high-risk in AML landscape
Singapore said DPT service providers, also known as virtual assets service providers, stand out as a high-risk category within the financial sector.

Bitcoin mining — Institutions boost investments amid favorable US climate
Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment in the US and the profitability margin of BTC. Then, numerous companies are