Search
MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence
11.12.2024
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week
Morocco Cracks Down on Crypto Crime: 5 Arrested in Phishing Scam
7.12.2024
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud operation. Police also recovered an unspecified amount of money...
FBI Cracks $8.3M Crypto Fraud: Launderer Sentenced to Prison and $2.3M Repayment
6.12.2024
A Maryland Heights man, Richard Charles Appelbaum III, has been sentenced to three years in prison and ordered to repay $2.3 million for his role in laundering millions through cryptocurrency. Appelbaum, 40, conspired with others to funnel proceeds from Business Email Compromise (BEC) and romance...
Japanese FSA Cracks Down on Unregistered Crypto Exchanges
29.11.2024
The Japanese Financial Services Agency (FSA) has issued warnings to five unregistered cryptocurrency exchanges for operating without proper…
DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme
17.11.2024
The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to laundering over $73 million from cryptocurrency investment scams. Li, 41, operated through a network...
Peter Schiff Exposes Cracks in Trump’s Economic Blueprint — The Risks Americans Face
10.11.2024
Economist Peter Schiff has warned against the “Trump boom” optimism, calling out hidden economic risks and broken promises he sees on the horizon. Peter Schiff’s ‘Trump Boom’ Warning: The Key Trade and Broken Promises Economist and gold advocate Peter Schiff, chairman of precious metals...
Dubai’s crypto regulator cracks down on unlicensed firms
10.10.2024
Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.
India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help
3.10.2024
India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users...
EigenLayer’s EIGEN cracks top 100 market rank in trading debut
1.10.2024
EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value.
FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
26.9.2024
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
19.9.2024
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto...
Latam Insights: Brazilian Federal Police Cracks Down on $9.7 Billion Crypto Money Laundering Rings, Brazil Uses AI to Detect Crypto Tax Fraud
16.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency...
German BaFin regulator cracks down on crypto ATMs
20.8.2024
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States
SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated...
Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy
9.8.2024
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks...
OKX cracks down on Tornado Cash users with account terminations
9.8.2024
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms
UK Regulator Cracks Down on 1000 Crypto Firms
7.8.2024
The UK regulatory body for financial markets, the Financial Conduct Authority (FCA), has recently beefed up its supervision…
MrBeast's Nice Guy Empire Starting To Show Cracks After Recent Controversies
2.8.2024
MrBeast, one of the most popular content creators in the world, is seen by many as a family-friendly and mostly good dude who does a lot of charity work. But recent controversies, including one over his use of slurs in the past, have put a dark cloud over the famous YouTuber’s massive empire. Read...
India cracks down on darknet drug deals using crypto tracking
25.7.2024
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking
Malaysia cracks down on crypto tax evaders with Ops Token
17.6.2024
IRB official Datuk Abu Tariq Jamaluddin warns crypto traders to declare taxes or face compliance actions