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North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture complaint seeking to … Read more
Bloomberg reports that World Liberty Financial, a company tied to Trump, has fired off a cease-and-desist letter to Fight Fight Fight—another Trump-linked business outfit—over the escalating drama surrounding the Trump Wallet debacle. Trump-Backed Financial Firm Targets So-Called Trump Wallet Project With Cease-and-Desist Two days ago, the NFT marketplace Magic Eden teamed up with Fight Fight … Read more
The South African central bank has appealed a High Court ruling that criticized its use of an outdated exchange control law to regulate cryptocurrencies. Central Bank Says High Court Erred The South African Reserve Bank (SARB) has appealed a High Court ruling that criticized the central bank’s reliance on an outdated exchange control law to … Read more
Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations … Read more
A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African Reserve Bank (SARB) for its continued reliance on outdated exchange control laws to regulate cryptocurrencies. … Read more
Coinbase Global, Inc. and its executives face a class action lawsuit alleging they concealed compliance failures and data security risks that caused shareholder losses, according to a complaint filed Thursday in Pennsylvania federal court. Class Action Claims Coinbase Misled Investors Investor Brady Nessler filed the suit in the U.S. District Court for the Eastern District … Read more
Federal agents just seized $868K in crypto after busting a slick romance-fueled scam that funneled victims into fake digital asset platforms promising sky-high returns. Crypto Sting Unveiled: DOJ Seizes $868K After Web of Romance Turns Dark The U.S. Department of Justice (DOJ) announced on May 23 that federal authorities have confiscated over $868K in cryptocurrency … Read more
Federal agents recovered $2.5 million in crypto from fraudulent investment schemes, underscoring an aggressive push to restore trust and integrity across digital asset markets. Federal Agents Just Froze Millions in Crypto—Here’s What They Found The U.S. Department of Justice (DOJ) announced on May 23 that it has secured the forfeiture of approximately $2.5 million in … Read more
An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities and Investments Commission (ASIC) has announced that it will seek special leave … Read more
Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced on May 21 that Braden John Karony, chief executive … Read more
