FBI Disrupts Lazarus Group’s Fake Crypto Firms and Malware Distribution
TL;DR FBI Seizes Critical Domain: The FBI has taken control of a pivotal domain linked to North Korea’s Lazarus Group, disrupting its complex crypto scam...
Search Results for: crypto
Record Crypto Fraud: $9.3 Billion Lost in 2024
TL;DR Crypto-related scams hit an all-time high in 2024, with losses surpassing $9.3 billion, a 66% increase from the previous year. Older adults were the...
Mike McGlone Warns of a Recession and Crypto Market Crash
TL;DR Mike McGlone, from Bloomberg Intelligence, warns that the recovery of Bitcoin and Dogecoin could be only temporary, anticipating a possible drop. McGlone points out...
$198 Million Crypto Fraud Shakes Investors Worldwide
TL;DR The SEC accuses Ramil Palafox of running a $198 million Ponzi scheme through his company PGI Global, falsely promising high returns from crypto and...
Coinbase Was Sued in Oregon for Selling Unregistered Cryptocurrencies
TL;DR Oregon Attorney General Dan Rayfield sued Coinbase for promoting and selling unregistered cryptocurrencies. The lawsuit states that Coinbase favored practices like “pump-and-dump” schemes, affecting...
Crypto Scam: Braiscompany Leaders Sentenced to 171 Years in Prison in Brazil
TL;DR Three Braiscompany executives were sentenced to a total of 171 years in prison for leading a crypto scam that affected over 20,000 people. Joel...
Bitcoin Price Stability: Saylor and ETF Investors Bolster Crypto Confidence
TL;DR Strategic Accumulation: Michael Saylor’s firm has strengthened Bitcoin’s stability by aggressively buying during market dips, now holding over 531,000 BTC and signaling strong institutional...
Arizona Passed Crypto Bill for the State Treasury
TL;DR The Arizona House of Representatives has approved bill SB 1373, which would allow the state to manage and leverage seized digital assets like Bitcoin,...
EU Markets Regulator Warns of Crypto’s Growing Financial Stability Risks
TL;DR Widening Risk Exposure: ESMA warns that the growing integration of crypto with traditional finance could trigger systemic issues if crypto prices decline sharply. Unpredictable...
Binance Backs Union of Crypto and Traditional Finance
TL;DR He Yi, Binance’s co-founder, spoke in Hong Kong about the urgent need to integrate the crypto industry with traditional finance to foster growth. The...