BlackRock XRP ETF rumor leads to price swing
The pump-and-dump of the XRP on Monday was triggered by reports of BlackRock's filing for an ETF in the U.S., which was confirmed to be fake, with the firm's exec saying it was made by "some whacko."
Latest Crypto Crime Cartel News
US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023
U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals in 2023, while the CFTC filed 96 digital asset cases.
Kraken’s growing role as a fiat off-ramp for Tron-based Tether whales
Kraken has become a key fiat off-ramp for Tether's USDT, raising questions about why anyone would send cash to Tether to obtain USDT only to turn around and immediately trade that USDT on Kraken.
OneCoin exec faces 10 years in prison after pleading guilty to fraud charges
Irina Dilkinska from Bulgaria pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering for OneCoin.
Celsius bankruptcy plan approved in New York
The New York Bankruptcy Court has cleared Celsius' restructuring plan, unlocking around $2 billion worth of digital assets to be distributed to creditors.
Large-cap stablecoins have depegged 600 times in 2023: Moody’s
Large-cap stablecoins depegged 707 times in 2022, Moody’s revealed as it unveiled an AI tool that can predict probable depeggings in a 24-hour period.
SEC responds to Binance motion to dismiss securities violation suit
The U.S. SEC rejected the various arguments made by Binance, stating in its response to the exchange's motion that "no court has adopted Defendants' tortured interpretation of the law."
Coinbase access in Kazakhstan blocked over illegal operations
Kazakhstan is prohibiting access to Coinbase due to violations of digital asset laws, citing specific provisions prohibiting unsecured assets and exchanges lacking required permits.
Mango Markets’ $110M fraud trial pushed to April 2024
Avraham Eisenberg’s trial was set to start in December, but his lawyers successfully argued to have the case pushed to April 2024 despite prosecutors’ objections.
Coinbase posts seventh straight loss-making quarter despite USDC boost
Coinbase marked its seventh consecutive quarter in which it failed to turn a profit, with the latest figures showing a 4.8% drop in its revenue in Q3.
FTX founder Sam Bankman-Fried found guilty on 7 charges
Crypto's former wonder boy Sam Bankman-Fried could see himself landing in jail for 115 years after being found guilty of seven counts of fraud and conspiracy, with his sentencing set in March 2024.
More tricks than treats in Tether’s Q3 attestation; Circle shuts USDC consumer accounts
Tether released its Q3 reserves attestation on Halloween and emphasized in its report was the fiscal reality that Tether ‘asserted’ on September 30.