Russian cybercrime syndicate sanctioned following spree of attacks
The sanctioned members of the malware gang Trickbot have been listed under OFAC's SDN and will have all their illicit asset gains, which amounted to over $700 million, seized.
The sanctioned members of the malware gang Trickbot have been listed under OFAC's SDN and will have all their illicit asset gains, which amounted to over $700 million, seized.
The SEC has sent a "Wells notice" to Paxos Trust over its use of BUSD; although Paxos' BUSD is "approved and regulated" by the NYDFS, the SEC appears to regard it as an unregistered security.
The two companies will now be subsidiaries under Hut 8 Corp., or New Hut, with USBTC benefiting from a strong balance sheet while Hut 8 accesses cheap power.
The U.S. securities regulator announced that two Kraken entities had agreed to "cease offering or selling securities through crypto asset staking services" and pay $30 million in penalties.
A digital currency rumor on Twitter speculating that the SEC would ban staking for retail speculators in the U.S. rocked Coinbase CEO Brian Armstrong, ranting another rant of spewing misinformation.
The U.S. securities regulator has issued a warning to investors dabbling in digital assets through their retirement accounts, reminding them that some digital assets are securities.
The U.S. Securities and Exchange Commission appears to have the Coinbase and Kraken digital asset exchanges squarely in its sights for dealing in unregistered securities.
The three entities blacklisted by the regulator include Meta Capitals Limited, Cresttrademining Limited, and Forex Market Trade which the regulator says are engaged in pig-butchering scams.
Ex-Coinbase staffer Ishan Wahi pleaded guilty to two counts of conspiracy to commit wire fraud. He, together with his brother Nikhil and Sameer Ramani, were charged with insider trading in July 2022.
XRP is currently under the gun over, and nothing that occurs in the LBRY case at this point will affect Ripple’s liability for its initial XRP offering.
While the U.S. securities regulator won the November court ruling, a judge has ruled that investors selling the LBC token in secondary markets are not violating securities laws.
The fraud division of Department of Justice recently began scrutinizing Silvergate Bank for its dealings with SBF's FTX exchange and its affiliated market-maker Alameda Research, according to Bloomberg.