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Federal Court Bans My Big Coin Founder, Orders $7.6M Restitution


A Florida man must repay over $7.6 million after deceiving investors with a fake cryptocurrency, using their funds for luxury goods instead of promised assets. Cryptocurrency Fraudster Ordered to Repay Millions A federal court has ruled that Randall Crater of Heathrow, Florida, must pay more than...

Fed Chair Confirms US Won’t Launch Digital Dollar Under His Watch


Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate...

Fed ‘Struck’ by De-Banking Surge—Powell Promises a Fresh Look


Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate...

Man Pleads Guilty in Fake SEC Bitcoin ETF Approval Announcement Case


Eric Council pleaded guilty to aggravated identity theft and access device fraud charges, acknowledging his involvement in the attack that caused a surge in bitcoin prices due to a fake SEC announcement of a bitcoin ETF approval. Man Pleads Guilty to ID Theft and Sim Swapping to Fake SEC Bitcoin...

Why Trump Is Right on a Digital Currency Reserve


Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to become a fintech powerhouse, argues Chip Daniels, chief executive officer of Salomon Brothers

British Crypto Trader Held Hostage in Spain, Escapes Before Police Raid


Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a customer for a crypto wallet...

Florida Bill Proposes Investing Up to 10% of State Funds in Bitcoin


Florida is moving to integrate bitcoin into its financial strategy, with a new bill proposing the state invest public funds in cryptocurrency as a hedge against inflation. Florida Explores Bitcoin Adoption for State Reserves Florida State Senator Joe Gruters filed a bill on Friday that would allow...

Texas Bitcoin Reserve Bill Moves Forward in Legislative Process


Texas is advancing plans for a strategic bitcoin reserve, aiming to strengthen its financial security, encourage community investment, and reinforce its role in digital asset innovation. Bitcoin Reserve Bill Progresses in Texas Legislature The Texas Strategic Bitcoin Reserve Act was read on Feb....

Lost Fortune: Landfill Containing $750M in Bitcoin to Be Sealed Forever


A landfill in Newport, Wales, where James Howells accidentally discarded a hard drive containing 7,500 bitcoins (now worth approximately $750m or £620m) is scheduled to close in 2025-26. Howells’ attempts to sue the council for access to the site or compensation were unsuccessful. The council...

Enron Token Crashes Hard, CEO Takes Polygraph Test to Deny Involvement


Enron alleges that it had no involvement in the crash of its token, which was launched on February 4. Enron CEO Connor Gaydos sat with a retired FBI agent to take a polygraph test to clarify the situation. Enron CEO Takes Polygraph Test to Deny Involvement in Token Rugpull Enron is again involved...

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