South Korean prosecutors will formalize the launch of a special unit devoted to solving crypto crime and punishing coin price manipulators and fraudsters.
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Category: Cryptocurrencies
French Investigators Launch Money Laundering Investigation Into Binance
French prosecutors are investigating Binance over alleged habitual money laundering, including ties to drug trafficking and tax fraud. The inquiry also questions its unregulated promotional activities before registration in France. Binance denies the allegations, citing strong AML compliance measures.
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Over One in Five Russians Trade Meme Coins, Survey Finds
More than one in five Russians trade or hold meme coins, a new survey has found, as the popularity of “hype”-generated tokens spreads globally.
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KuCoin Pleads Guilty to US Charges Over Unlicensed Operations with $300M Fine
KuCoin pleaded guilty to operating unlicensed in the US, agreeing to pay nearly $300m in fines and exit the market for at least two years.
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US Senate Confirms Pro-Bitcoin Scott Bessent as Trump’s Treasury Secretary
Scott Bessent has been an outspoken advocate for blockchain and digital assets and hopes to being more regulatory clarity and crypto-favourable policies.
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Tuttle Capital Seeks Approval for Ten Crypto Leveraged ETFs, Including Meme Coins
Tuttle Capital Management has filed applications for ten cryptocurrency-based leveraged ETFs, including funds tied to popular meme coins.
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DraftKings Settles with NFL Players Association Over NFT Player Likeness Dispute
DraftKings has reached a settlement with the NFLPA over allegations of unpaid royalties for using NFL player likenesses in NFTs.
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European Crypto Market Heats Up as Leading Exchanges Secure MiCA Licenses
Major crypto exchanges Bitpanda, OKX, and Crypto.com have secured licenses under the European Union’s Markets in Crypto-Assets (MiCA) regulation.
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Trezor Introduces Limited-Edition Safe 5 Freedom Wallet
Trezor’s new Safe 5 Freedom Edition wallet, limited to 2,100 units, highlights Bitcoin self-custody and independence. Priced at $169, $10 from each sale supports Trezor Academy, promoting Bitcoin education in underserved regions.
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MicroStrategy Acquires Over $1 Billion Worth of Bitcoin
MicroStrategy has acquired 10,107 BTC for $1.1 billion, increasing its total holdings to 471,107 BTC. Led by Michael Saylor, the company continues its aggressive Bitcoin accumulation, aligning with its long-term strategy to integrate Bitcoin into its financial framework despite market volatility.
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