FBI seizes $6M from crypto scammers targeting US citizens
Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized. Go to Source
Month: September 2024
Qubetics Web3 Chain, a New Era of Blockchain Interoperability
Qubetics Brings a New Era of Blockchain Interoperability with Its Web3-Aggregated Chain — Presale Launching Soon Managing multiple wallets and navigating fragmented blockchain ecosystems are major challenges for users in the decentralised space. Blockchain networks operate in isolation, with different protocols, wallets, and interfaces. As a result, users must manage assets across various platforms. This … Read more
FBI Seizes $6M in Crypto From Southeast Asian Scammers
U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in … Read more
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key … Read more
Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme
Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty’ law enforcement $280,000 per month,” according to the authorities. Crypto Platform CEO … Read more
Bitcoin and Binance token dip slightly as CZ is released
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation. Go to Source
Hamster Kombat Outlines Gaming-Focused Post-Airdrop Roadmap
Hamster Kombat, one of the games capitalizing on the “clicker” mania of applications distributed via Telegram, has updated its roadmap after its airdrop on Thursday. The roadmap outlines the inclusion of new elements, such as NFTs, into the game and the release of major gaming titles tied to the game’s token economy. Hamster Kombat to … Read more
Canada crypto exchanges get more time for stablecoin compliance
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said. Go to Source
Binance co-founder CZ free — What’s next and what it means for crypto
After four months in jail and social media discretion, CZ is free. What’s next for the former crypto titan who led Binance to the top? Go to Source
SEC Fines Mango DAO for Unregistered MNGO Tokens
The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit With SEC Charges The SEC alleges that since August 2021, Mango … Read more