Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams. The investigation identified more than…
Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies…
A 66-year-old Hong Kong retiree lost 6.6 million Hong Kong dollars (roughly $840,000) in a string of three related crypto investment scams after repeatedly trusting self-proclaimed “virtual currency experts” who reached…
The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act…
South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of…
US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US to China. The…
South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how digital asset evidence is…
A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims. A California federal…
The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC)…
South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations of Anti-Money Laundering (AML) rules…
Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday…
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments. A Seattle judge has sentenced the former…