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Turkey’s 8-Day Betting Blitz Hits 670+ Suspects as Crypto Rails Surface in Adana Probe

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Turkish authorities have taken legal action against 233 more illegal betting suspects in Antalya and Mersin operations announced Monday, pushing the eight-day enforcement tally past 670 across four major raids. The earlier Adana investigation that arrested pro-government commentator Rasim Ozan Kütahyalı named cryptocurrency platforms among the alleged laundering channels. Antalya and Mersin Operations Extend 8-Day … Read more

Prime Trust Litigation Trust Files 94-Page Suit Against Swan Bitcoin for $970M in Transfers

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The litigation arm of the Prime Trust bankruptcy estate filed a 94-page adversary complaint against Swan Bitcoin on May 15, 2026, seeking to recover approximately $970 million in assets the company allegedly withdrew before Prime’s collapse. Prime Trust Clawback Case Targets Swan Bitcoin The PCT Litigation Trust, created under Prime Core Technologies’ confirmed Chapter 11 … Read more

Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale

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Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced on May 18 that it initiated … Read more

China Confirms Participation in ‘First of Its Kind’ Anti-Pig Butchering Operation

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China confirmed its involvement in the operation that resulted in the arrest of 276 suspects and the closure of nine crime-focused facilities. The initiative might mark a new era of international cooperation to tackle and end pig-butchering scams. China Collaborated in the Largest International Anti-Pig Butchering Scam Operation While criminals are leveraging cryptocurrency and digital … Read more

Darknet Kingpin’s Fatal Flaw: Buying Gold Bars With Crypto Leads to Arrest

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Owe Martin Andresen, a German national, faces money laundering charges after using a cryptocurrency-based payment processor to purchase gold bars and sending them to his home address. Adresen was the alleged admin of “Dream Market,” a darknet market that shut down in 2019. Alleged ‘Dream Market’ Admin Charged For Money Laundering After Buying Gold With … Read more

MiCA Decoded: Thinking a CASP License Covers Payments, Perps or Futures is a Major Mistake

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Most founders pursuing a MiCA license assume they are solving their EU regulatory problem. They are solving part of it. The rest depends on which services they actually offer. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises … Read more

Belgium Online Gambling Nearly Doubled to 14.8% Since 2018 Despite EU-Toughest Ad Ban

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Sciensano data shows Belgian online gambling has nearly doubled since 2018, rising from 7.9% to 14.8% of the population, despite the country’s 2023 ad ban on licensed private operators. The Belgian Association of Gaming Operators (BAGO) has called for stronger enforcement after the same survey found 52.6% of Belgians exposed weekly to gambling advertising, with … Read more

Brazil Slaps Banco Topazio With $3.2M Fine and 2-Year Crypto Trading Ban

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The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million. Central Bank of Brazil Bans Banco Topazio From Conducting Crypto Trading Operations As banks enter the … Read more

Kenya Narrows Crypto-Offshore Gambling Escape Valve in Finance Bill 2026

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Treasury Cabinet Secretary John Mbadi has submitted Kenya’s Finance Bill 2026 to Parliament, introducing mandatory annual reporting requirements for virtual asset service providers alongside the reintroduction of a 20% withholding tax on gambling winnings, closing both lanes of the standard crypto-offshore migration path for affected players in a single piece of legislation. Two Reform Lanes … Read more

Campaign Staffers Trade Internal Polls on Polymarket in Third Insider Pattern

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An anonymous campaign staffer told NPR earlier this month that they and colleagues routinely placed Polymarket bets on internal polling data before public release, generating thousands of dollars per cycle. The admission marks the third Polymarket-specific insider trading pattern documented by NPR in three months and exposes a regulatory gap that federal legislation has so … Read more

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