Ethereum’s Merge is another epic fail
The Merge was completed on September 15, and ETH reached a recent high of $1,638.56 that day. Since then, it has tanked to $1,340 at the time of writing.
Latest Crypto Crime Cartel News
US judge orders Tether to produce detailed documents on USDT’s backing
The order from U.S. District Judge Katherine Polk Failla is part of a case that's been ongoing since 2019, where a group of traders sued Tether and accused it of causing over a trillion dollars' worth of damages.
FTX gets spanked by UK watchdog, Alameda to repay Voyager debt
The U.K.’s Financial Conduct Authority (FCA) has warned consumers that FTX is operating in the U.K. without local permission, putting another dent in its founder’s increasingly tarnished PR halo.
SEC v Ripple: Chamber of Digital Commerce weighs in, says it’s unsure if XRP is security
The chamber has requested to file an amicus brief in the Ripple case, and while it’s doubtful if XRP is a security, it called for clear and consistent laws.
US court approves appointment of examiner to uncover Celsius dealings
Intense scrutiny awaits Celsius with the U.S. court's approval to hire an examiner to look into its dealings, which comes amid optimism that the company could recover from the brink of bankruptcy.
Binance finds a back door into the Philippines market
A Binance executive has confirmed the exchange is in talks to acquire a licensed company after losing out on approval from BSP, which is now not issuing new licenses.
Publishing Tornado Cash code does not violate sanctions: US Treasury
The U.S. Department of Treasury has clarified that visiting the Tornado Cash website, copying its open source code, or making it available online or in print would not violate sanctions.
US: One-half of couple accused of money laundering seeks court’s permission to access digital asset wallets
The Bonnie and Clyde of the 'crypto' space arrested over a 2016 heist are creating another buzz after one of them requested access to digital assets, a move feared signals their re-entry into trading.
Tether alleged shadow banker Reggie Fowler seeks 6-month sentencing delay
Fowler’s lawyer claims to be sick and wants sentencing pushed for the ex-football player accused of providing banking services to Bitfinex, Tether and others
Brother of ex-Coinbase manager pleads guilty in insider trading case
Nikhil Wahi admitted that he received tips from his brother, who was a former product manager at Coinbase, about upcoming listings and made $1.4 million from them.
Law enforcement agencies recover $30M worth of assets from North Korean hackers
Using the right blockchain analysis tools and assigning experienced field investigators from the public and private sectors are key to combatting cybersecurity threats, Chainalysis finds.
Celsius was a Ponzi scheme, Vermont watchdog says
The Vermont securities regulator has filed a motion in support of appointing an independent examiner in which it tore into Alex Mashinsky’s model at Celsius.