Huobi beset by reports of law enforcement action
Huobi has reassured customers that their assets stored in the platform's wallets were safe, following speculation that Robin Zhu was "under investigation” or had been taken into police custody.
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Cayman Islands announces new legal framework for digital currency
The British Overseas Territory recently announced the new regime for virtual asset service providers, with the Ministry of Financial Services publishing a preliminary set of rules with immediate effect.
DoJ seizes $24M in digital currency from alleged Brazilian scammer
Federal authorities said the digital currencies were tied to Marcos Antonio Fagundes, who is facing charges in connection with the scam that defrauded $200 million from investors.
Layer1 mired in legal fight over Texas facility
The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's core assets.
The CoinGeek Pulse Episode 19: US Elections 2020, SEC raises crowdfunding limits, Twetch breaches 1M milestone
In the run-up to the election, experts have weighed in on whether Bitcoin and the digital currency industry will see any changes depending on who wins the Presidential race.
South Korean regulator to ban privacy coins in 2021
Digital currency service providers in South Korea will no longer be able to support digital assets that present high money laundering risks—notably privacy-centric dark coins—starting March 2021.
Telegram to pay $625K in Gram trademark lawsuit
Telegram first sued Lantah, LLC in 2018, claiming common law trademark infringement and unfair competition over Gram token.
Centra Tech founder deserves ‘substantial’ prison time: US prosecutors
In their sentencing memorandum, prosecutors laid out their arguments as to why Robert Farkas deserved a heavy prison sentence.
$9,300 fee on $120 Ethereum transaction
An Ethereum user paid a $9,300 transaction fee to send $120 in ETH. The user took to Reddit to explain their mistake and is looking to get their money back.
Department of Justice seizes over $1 billion in BTC, BSV, and BCH
The Department of Justice has seized over $1 billion in BTC, BSV, BCH, and BTG in relation to a silk road hack that took place in 2013.
BCH vs ABC battle decided by more BCH manipulation
The wheels of the Roger Ver-led PR machine continue to turn as Coinbase announced it will be supporting BCH in the imminent split between BCH and ABC.
Binance Uganda is shutting down
Binance Uganda, the Binance-brand exchange that launched in 2018, is closing its doors for good at the end of this month (November 28th).
US regulator votes to lift regulated crowdfunding limit to $5 million
The new higher limit is expected to allow businesses to raise more money with a lower compliance burden through issuing securities.
Hong Kong regulator wants all digital currency exchanges regulated
The Securities and Futures Commission expects the shift in regulations to fix a loophole that its previous regulatory structure had presented.
Huawei new smartphone comes with digital yuan wallet
Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
$6M My Big Coin Pay scam denied motion for leave to appeal 2018 ruling
The CFTC described My Big Coin Pay as a Ponzi scheme which had used false statements to drive up the value of its coin.
Beware of election-related digital currency scams
Some cybercriminals are taking advantage of the presidential election in the United States to facilitate digital currency related scams.
Over $8 million from KuCoin hack is on the move
Over $8 million in funds that were stolen from the Sept. 25 KuCoin hack are on the move. According to reports, a portion of that money is being laundered.
Crypto Crime Cartel: Leaked Binance strategy shows law enforcement must prosecute now
Leaked documents show that Binance has a comprehensive plan to undermine the ability of anti-money laundering and sanctioned enforcement agencies to detect illegal activity being committed.
Xi Jinping urges China to lead in digital currency regulation
Xi Jinping’s pro-blockchain stance has played a big part in China’s move to become a global blockchain hub.