Customer Who Stole $830,000 From Wells Fargo After Initiating Fraudulent Payments Sentenced to Prison – The Daily Hodl
Kenneth Gould, a Wells Fargo customer, was sentenced to one year in prison for stealing $830,000 via fraudulent ACH payments from a client’s account to his payroll company.
Police Nab Alleged Mastermind Behind French Crypto Kidnappings: Report – Decrypt
A 24-year-old French-Moroccan national was arrested for allegedly masterminding crypto-related kidnappings in France, including targeting Ledger’s co-founder. Interpol had issued a Red Notice for his arrest.
Pakistan Pitches Bitcoin Reserve Plan to Trump’s Crypto Team
Pakistan proposed a Bitcoin Reserve plan to Trump’s team, aiming to use 2 GW of spare electricity for mining. The IMF warns of energy subsidy issues, while a $550M investment could accelerate plans.
WazirX relocates to Panama after Singapore court blocks restructuring efforts
WazirX’s restructuring plan was rejected by Singapore High Court after a $230M hack. The exchange is relocating to Panama amid regulatory challenges and criticism from the crypto community.
Crypto Payments Firm MoonPay Secures New York BitLicense – Decrypt
MoonPay obtains New York BitLicense and money transmitter license, enabling full U.S. operations. NYC Mayor Eric Adams criticizes BitLicense, advocating for crypto-friendly policies. MoonPay expands services and headquarters in New York.
Trump-Linked Truth Social Bitcoin ETF Filed With SEC – Featured Bitcoin News
A Bitcoin ETF linked to Trump’s Truth Social platform has been filed with the SEC by NYSE Arca, merging political branding with cryptocurrency investment opportunities.
‘In His Digital Wallet’: Democrats Blast Latest Trump-Backed Crypto Product During House Hearing – Decrypt
Democrats criticized Trump-backed crypto products during a House hearing, focusing on a new digital wallet and his meme coin. The hearing on crypto regulation was overshadowed by concerns over Trump’s financial gains from crypto ventures.
Canada will be left behind in the global crypto race
Canada risks falling behind in crypto adoption due to unclear regulations and lack of political focus, potentially losing investments and talent to more progressive countries.
SEC Chairman Paul Atkins Aims to End Crypto Regulatory Confusion
SEC Chairman Paul Atkins pledges to clarify cryptocurrency regulations, moving from enforcement-based rules to structured frameworks, fostering innovation while protecting investors.
Ripple Gains Regulatory Approval for RLUSD Stablecoin in Dubai – Decrypt
Ripple’s RLUSD stablecoin gains regulatory approval in Dubai’s DIFC, becoming the third approved stablecoin. It aims to enhance international payments and DeFi with its $333.6M market cap.
