US banking groups push to close stablecoin yield loophole affecting $130B market
US banking groups urge regulators to close stablecoin yield loopholes affecting Tether and USD Coin, citing $130B market risks and potential systemic issues.
US seizes $1M from BlackSuit ransomware in global FBI-Europol operation
US authorities seized $1M from BlackSuit ransomware group in a global operation involving Europol and FBI, disrupting cybercrime activities across 12 countries.
HashFlare founders sentenced for $575M Bitcoin mining Ponzi scheme
HashFlare founders Ivan Turogin and Sergei Potapenko received time served for a $575M crypto Ponzi scheme involving 700,000 victims and Bitcoin mining fraud.
Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard
Binance CEO CZ supports US crypto regulation changes, seeks global standards amid 2023 SEC crackdown on Coinbase and Kraken.
JPMorgan and BlackRock stablecoin plans face 2024 SEC regulatory hurdles
JPMorgan, BlackRock face regulatory hurdles in stablecoin adoption; 2024 projections show $500B market cap amid SEC scrutiny and compliance challenges.
Do Kwon Admits Guilt in $40 Billion Terra Crypto Collapse
Do Kwon pleaded guilty to fraud charges in the Terra (LUNA) collapse, which wiped out $40 billion in investor funds in May 2022.
Gangnam District seizes $3.2M in crypto from tax evaders under 2023 enforcement
Gangnam District seized $3.2M in crypto from tax evaders in 2023, targeting Bitcoin and Ethereum holdings under Seoul’s stricter enforcement policies.
Do Kwon sentenced to 12 years and $19M fine for Terraform Labs fraud
Do Kwon receives 12-year sentence and $19M fine for fraud; Terraform Labs co-founder convicted in South Korea; LUNA collapse caused $40B losses.
Tron and Tether freeze $250M in illicit crypto with Binance partnership
Tron and Tether froze $250M in illicit crypto, partnered with Binance. USDT transactions monitored. 2023 saw increased enforcement against crypto crimes.
Ripple wins SEC case after 5 years, securing XRP fundraising rights
Ripple (XRP) secured a favorable SEC ruling after 5 years, enabling legal fundraising. The case involved $1.3 billion in disputed transactions, impacting crypto regulations.
