Category: Law of the Chain
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UK Crime Officer Jailed for Stealing 50 Bitcoins Worth £4.4M During Silk Road Investigation
A UK crime officer was jailed for 5.5 years for stealing 50 Bitcoins worth £4.4M during a Silk Road investigation, laundering funds via mixers and spending them through crypto debit cards.
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DEA Seizes $10 Million in Cryptocurrency Linked to the Sinaloa Cartel – Crypto News Bitcoin News
The DEA seized $10 million in cryptocurrency linked to the Sinaloa Cartel as part of Operation Take Back America, targeting drug trafficking and terrorist financing.
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Crypto Crackdown: Michigan Town Sets Early Limits on Bitcoin ATMs
Grosse Pointe Farms passes ordinance regulating crypto ATMs to prevent scams, imposing daily and 14-day spending limits for new users and requiring fraud warnings on machines.
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Thailand Plans Crypto Sandbox Allowing Tourists to Convert Crypto into Local Currency
Thailand’s SEC and Bank of Thailand are launching a crypto sandbox allowing tourists to convert crypto into baht for local spending, expanding on Phuket’s pilot program with licensed operators.
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Wells Fargo, Goldman Sachs and Morgan Stanley Paying $120,000,000 To Settle Lawsuit Tied to Investment Firm’s Collapse: Report – The Daily Hodl
Morgan Stanley, Goldman Sachs, and Wells Fargo will pay $120 million to settle a lawsuit tied to Archegos Capital’s collapse, accused of hiding conflicts in ViacomCBS share sales.
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DEA and FBI Seize $10M in Crypto From Sinaloa Cartel in Explosive US Drug Bust
US law enforcement seized $10M in crypto from the Sinaloa cartel in a major drug bust, part of a nationwide crackdown on drug trafficking and cartel financial operations.
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China Merchants Bank Arm Wins Crypto Licence in Hong Kong – News Bytes Bitcoin News
CMB International Securities, a China Merchants Bank arm, obtains Hong Kong’s virtual asset license, enabling crypto trading and advisory services under strict regulations.
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Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote
The US House advanced three crypto bills—GENIUS, CLARITY, and anti-CBDC—after a narrow vote. President Trump secured GOP support, but merging bills may complicate passage.
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XRP Lawsuit Update: Ripple Paid $125M in Cash, Settlement Hinges on Appeal
Ripple has paid its $125M SEC penalty in cash, not XRP, according to former SEC lawyer Marc Fagel. The case’s resolution now depends on both parties dismissing their appeals, expected within two months.
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House Clears Key Crypto Bills for Final Vote After Record 9-Hour Standoff – Decrypt
The U.S. House passed H.Res. 580 after a 10-hour standoff, advancing three crypto bills including the GENIUS Act and Anti-CBDC Surveillance State Act attached to the NDAA, with Trump endorsing the deal.
