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Dutch prosecutors charged three men in connection with a May 1 incident in Nieuw-Vennep involving the kidnapping, physical abuse, and extortion of a man over a cryptocurrency dispute. Legal Penalties Under Dutch Law A dispute over cryptocurrency investments escalated into the kidnapping, extortion, and degrading abuse of a man in Nieuw-Vennep, Dutch prosecutors said Aug. … Read more
The Senate has four days to advance the CLARITY Act before its August recess, while the White House reviews an ethics compromise. The delay leaves a bipartisan agreement unresolved as lawmakers approach a narrowing legislative window with broad implications for U.S. digital asset regulation. Industry Pressure Builds as Senate Faces Four-Day Deadline The Senate has … Read more
A former FBI supervisory special agent has been accused of doing something investigators spend years warning others about: exploiting access to cryptocurrency seed phrases that were never meant to leave an active counterintelligence case. According to prosecutors, roughly $1 million in digital assets disappeared from wallets tied to a foreign intelligence target, not through a … Read more
Coinbase CEO Brian Armstrong urged senators to pass the CLARITY Act this week, citing one in four Americans who own crypto and stronger voter support for lawmakers backing the bill. Brian Armstrong Presses Senate Ahead of CLARITY Vote Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong intensified his campaign on Aug. 3, urging senators to … Read more
The U.S. Senate’s Monday floor schedule does not include the CLARITY Act, leaving the crypto market structure bill just five days to clear the chamber before lawmakers leave for the August recess. No Floor Vote Scheduled as the Clock Runs Down The Senate’s schedule contains no floor vote on the Digital Asset Market Clarity Act, … Read more
A new Senate Banking Committee minority staff analysis renews Democratic objections that the CLARITY Act preserves pathways for President Donald Trump to profit from crypto ventures after financial disclosures showed about $1.4 billion in 2025 crypto earnings. The latest findings could further complicate the bill’s prospects before a Senate vote. New Senate Analysis Examines Trump’s … Read more
Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of … Read more
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region. Russia Expands Cryptocurrency Ban Decree Reach, Includes Moscow and Moscow Region The Government … Read more
New York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto-related losses. Her Senate testimony argued the pending CLARITY Act would weaken state enforcement against digital asset scams. James Warns Federal Bill Could Weaken State Enforcement New York Attorney General Letitia James called on … Read more
Fraudsters are mailing counterfeit IRS notices that direct cryptocurrency holders toward a fabricated compliance portal designed to capture sensitive financial information. The campaign targets wallet access, exchange credentials, identities, and digital assets through official-looking correspondence. Counterfeit Letters Exploit Growing Crypto Tax Anxiety The Internal Revenue Service (IRS) issued a fraud alert about fake letters targeting … Read more