Crypto Scam Artist Obliged To Pay $1.2M For NFT Theft By Impersonating Apple Support
In the latest crypto investigation by US authorities, a Los Angeles man was sentenced to eight years in federal prison and ordered to pay $1.2 million in restitution to...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this...
Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison
In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum...
Crypto Espionage Unveiled: Poland Sentences 14 ‘Spies’ For Sabotage
In a high-profile case, a Polish court has pronounced its verdict, finding 14 individuals from Russia, Belarus, and Ukraine guilty of espionage. The alleged spy ring operated within Poland...
Extradition Battle Win For Do Kwon: Montenegro Court Decision Reversed, LUNC Jumps 13%
In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea....
Binance Just The Start: CFTC’s Dire Message To Crypto Industry
Following a rigorous investigation and increased regulatory scrutiny directed at Binance, the leading cryptocurrency exchange by trading volume, hopes for stability in the financial sector were high within the...
FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN...
Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya
Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy...
Nigeria’s Apex Bank Sets New Course, Lifts Ban On VASPs
The Central Bank of Nigeria (CBN) has now canceled its restrictions on banks and other financial institutions in operating accounts for virtual asset service providers (VASPs). This marks an...
Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting...
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the...
