Do Kwon extradition approved by Montenegro court
Montenegro’s Minister of Justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States. Go to Source
Crimes
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Court unseals indictments against Binance and CZ, detailing expected guilty pleas
The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21. Go to Source
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams. Go to Source
Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations. Go to Source
US House Financial Services subcommittee looks for answers on crypto and crime
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation. Go to Source
Australian regulators will compel businesses to report cyberattacks: Report
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged. Go to Source
China declares stealing digital collections like NFTs liable for criminal theft sentence
The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data. Go to Source
Can crypto Privacy Pools help balance privacy and regulation?
When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer? Go to Source
SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. Go to Source
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community. Go to Source