Illegal Crypto Network Uncovered In UK: ATMs Seized, Arrests Made
UK authorities seized seven unregistered crypto ATMs and arrested two individuals in London, highlighting a crackdown on illegal digital currency operations violating anti-money laundering rules.
Japan’s Kitabo Joins Growing List of Asian Firms Turning to Bitcoin Amid Financial Strain – Decrypt
Japanese textile firm Kitabo plans to buy ¥800 million in Bitcoin, joining Asian companies using crypto as a hedge against financial instability and monetary debasement.
US looks to grab $7.1M in crypto from oil and gas investment scam
US authorities seek to forfeit $7.1M in crypto tied to a fraudulent oil and gas investment scheme, with funds allegedly laundered through accounts in Russia and Nigeria. One individual has been indicted.
Volcon Acquires 280 Bitcoin via $500 Million Private Placement – Crypto News Bitcoin News
Volcon secured $500 million in private funding to expand its Bitcoin holdings, acquiring 280 BTC and partnering with Gemini for treasury management.
DOJ Seeks to Return Millions in Crypto to Alleged Victims of $97M Oil and Gas Scheme – Decrypt
The DOJ indicted Geoffrey Auyeung for allegedly laundering $97M from a fraudulent oil and gas scheme. Authorities seized $7.1M in crypto, tracing funds through 19 wallets and international exchanges.
XRP prices consolidate – Will $260M in shorts spark a reversal?
XRP consolidates above $3.35 after hitting ATH, with $260M in short positions. Experts remain bullish due to ETF optimism and technical breakout, though overbought RSI hints at a potential correction.
Crypto traders with ‘emotionless approach’ to do well this cycle — Exec
A crypto executive advises traders to follow historical patterns and maintain an emotionless approach for success. Bitcoin may peak before altcoins surge, with ETH potentially reaching $10K.
$700M Worth of XRP Just Moved: Should You Be Worried?
A $700 million XRP transfer between unknown wallets has sparked speculation, with some suggesting profit-taking after XRP’s recent rally. Whale activity continues as Ripple whales accumulate 2.2 billion tokens.
Bank of England mulls canning CBDC plan: Report
The Bank of England may abandon its CBDC plans due to doubts about its benefits, preferring private sector payment innovations instead. Global CBDC support is waning amid privacy and stability concerns.
SharpLink Acquires 79,949 Ethereum, Expands Treasury to 360,807 ETH
SharpLink Gaming, chaired by Ethereum co-founder Joseph Lubin, acquired 79,949 ETH, expanding its treasury to 360,807 ETH. The move aligns with its strategy to enhance shareholder value and capitalize on market opportunities.
