DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K
In a revealing report revealed on August 24, 2023, a big oversight by the Drug Enforcement Agency (DEA) was delivered to mild. In their endeavor...
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
New evaluation from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (previously Twitter) possible performed a serious position...
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration goes to be tasked with overseeing the crypto trade within the nation, a high-ranking authorities official has indicated. According to the regulatory...
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange
FTX debtors revealed throughout a listening to on April twelfth that the restructuring group has collected $7.3 billion in liquid belongings. The trade is at...
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
The U.S. Treasury has launched a 42-page report assessing the dangers of decentralized finance (defi). The report states that particular nation-state adversaries, cybercriminals, ransomware attackers,...
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
After Credit Suisse Group AG introduced it could borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly contemplating buying...
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry
On Monday, the New York Department of Financial Services (NYDFS) printed steering on custodial buildings to assist defend prospects’ cash if a crypto agency goes...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
The physique overseeing the securities market in Israel is taking steps to include guidelines for digital belongings into the prevailing laws. The regulator launched a...
Regulator Halts Trading of FTX Tokens in Indonesia
The company overseeing Indonesia’s crypto market has stopped the buying and selling of FTX tokens on home platforms. The announcement comes after FTX, the alternate...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
The authorities of Indonesia needs to assign crypto supervision to the Asian nation’s monetary watchdog with the intention to guarantee higher safety for traders. The...