Law of the Chain – Page 395

Japan’s FSA approves first yen stablecoin JPYC in autumn 2023

Japan’s FSA will approve JPYC, the first yen-pegged stablecoin, in autumn 2023, marking a milestone in Japan’s $1.2B digital asset regulatory framework.

August 18, 2025

Lazarus Group steals M from Lykke in 2024 crypto heist

Lazarus Group steals $23M from Lykke in 2024 crypto heist

Lazarus Group allegedly stole $23M from Lykke, a Swiss crypto firm, marking another major cyberheist in 2024 involving North Korean hackers.

August 18, 2025

Fake law firm scams target Bitcoin and Ethereum investors in 2023

Crypto fraud involving fake law firms increased by 30% in 2023, targeting Bitcoin and Ethereum investors with false legal claims and phishing schemes.

August 18, 2025

Japan approves first yen-backed stablecoin in 2024 with Mitsubishi UFJ and SBI Holdings

Japan plans to approve its first yen-backed stablecoin in 2024, involving Mitsubishi UFJ and SBI Holdings, aiming to enhance digital payments and blockchain adoption.

August 18, 2025

Jeju City seizes .2 million in crypto from 150 tax evaders

Jeju City seizes $3.2 million in crypto from 150 tax evaders

Jeju City authorities will seize crypto assets from 150 alleged tax evaders, including Bitcoin and Ethereum, totaling $3.2 million in unpaid taxes.

August 18, 2025

Ian Balina sentenced to 1 year for .5 million Ethereum cloud mining fraud

Ian Balina sentenced to 1 year for $3.5 million Ethereum cloud mining fraud

Crypto influencer Ian Balina sentenced to 1 year for defrauding 150 investors in a $3.5 million cloud mining scam involving Ethereum and Bitcoin.

August 18, 2025

Trump tariffs and Tornado Cash sanctions triggered 5% Bitcoin drop

Trump proposed tariffs on Chinese imports; Tornado Cash processed $7B before sanctions; Bitcoin dropped 5% amid regulatory scrutiny; Ethereum developers delayed the merge.

August 18, 2025