Crypto entrepreneur arrested for kidnapping and torturing his ex-business partner with chainsaw and cocaine
A Kentucky crypto entrepreneur was arrested for allegedly kidnapping and torturing an ex-business partner to extract crypto passwords. The victim escaped and reported the crime, leading to the suspect’s arrest.
FBI Takes Down $24 Million Crypto Cache from Russian Malware Mastermind
The DOJ seized $24M in crypto from Russian national Rustam Gallyamov, accused of developing Qakbot malware used in global ransomware attacks. The FBI and international partners disrupted his operations.
HSBC Launches Hong Kong’s First Blockchain Settlement Service After Stablecoin Law, Ant International Completes First Transaction
HSBC introduces Hong Kong’s first blockchain settlement service following new stablecoin regulations, with Ant International executing the inaugural transaction.
Mango Markets Hacker Avraham Eisenberg’s Fraud Charges Dismissed – Coinspeaker
Fraud charges against Mango Markets hacker Avraham Eisenberg were dismissed due to insufficient evidence. Eisenberg faces a 4-year sentence for a separate CSAM case but avoids crypto-related charges for now.
Buy a Burger With Bitcoin? Beware the Tax Risks, Experts Warn – Decrypt
Steak ‘n Shake now accepts Bitcoin, but experts warn that crypto purchases, even small ones, are taxable events requiring IRS reporting and capital gains calculations.
CZ Denies ‘Fixer’ Role in World Liberty Financial Deals
Former Binance CEO CZ denies acting as a ‘fixer’ for World Liberty Financial, accusing WSJ of false reporting. He refutes claims of arranging meetings and suggests a broader anti-crypto agenda.
Wall Street’s Next Crypto Play? US Banks Quietly Plan Joint Stablecoin Launch
Major US banks are exploring a joint stablecoin project, aligning with regulatory shifts and institutional interest in blockchain finance, as reported by the Wall Street Journal.
Mango Markets Case: Fraud Charges Against Avraham Eisenberg Annulled
A US federal judge annulled fraud charges against Avraham Eisenberg in the $110M Mango Markets case, citing insufficient evidence. Eisenberg, already serving a 4-year sentence for unrelated charges, still faces civil suits.
Trump’s use of presidential seal at memecoin event raises legal questions
Donald Trump faces legal scrutiny for using the presidential seal at a $TRUMP memecoin event, potentially violating federal law. The event raised concerns about foreign influence and conflicts of interest.
US Seizes $868K in Crypto From Dating Scam That Drained Wallets – Legal Bitcoin News
US authorities seized $868K in crypto from a dating scam that lured victims into fake platforms promising high returns, as announced by the DOJ.
