AML Bitcoin CEO Faces Up to 30 Years for Investor Deception The world of cryptocurrency has been fraught with controversy and scandal, with the latest case involving the CEO of AML Bitcoin, Marcus Andrade, facing up to 30 years in prison. A jury recently found Andrade guilty of wire fraud and money laundering, directly linked […]
Stolen Bybit funds laundered at alarming speed
Stolen Bybit Funds Laundered at Alarming Speed The recent security breach at Bybit has sent shockwaves through the cryptocurrency community, with the hacker managing to launder over half of the stolen Ethereum in record time. This brazen act has not only highlighted the vulnerabilities in the digital asset space but has also raised concerns about […]
Crypto exchange Gemini secures key approval in Europe
Crypto Exchange Gemini Secures Key Approval in Europe Gemini, a leading cryptocurrency exchange, has recently made significant strides in its quest for global expansion by securing a key approval in Europe. This approval marks a pivotal moment for Gemini as it sets its sights on establishing Malta as its European Union hub, joining the ranks […]
Coinbase is considering removing Tether stablecoin from its platform
Coinbase Considers Removing Tether Stablecoin Amid Regulatory Concerns Coinbase, one of the leading cryptocurrency exchanges globally, is contemplating the removal of Tether’s stablecoin from its platform. This decision comes as CEO Brian Armstrong raises concerns about the future regulatory landscape surrounding stablecoins. Armstrong hinted that if upcoming regulations mandate stablecoins to maintain asset reserves in […]
SEC weighs approval for Bitcoin ETFs in Thailand
SEC Considers Approval for Bitcoin ETFs in Thailand: A Step Towards Mainstream Acceptance The Securities and Exchange Commission (SEC) in Thailand is currently at a pivotal point in its decision-making process regarding the approval of Bitcoin exchange-traded funds (ETFs). This potential move could mark a significant milestone in the mainstream acceptance and integration of cryptocurrencies […]
US Lawmakers Challenge Crypto Policies in Heated Hearing
The recent hearing of the US Securities and Exchange Commission (SEC) showcased a significant confrontation between lawmakers and the agency regarding its policies on cryptocurrencies. SEC Chair Gary Gensler faced bipartisan scrutiny as representatives from both sides of the aisle accused the agency of stifling the burgeoning cryptocurrency industry. This tension highlights the urgent need […]
SEC Faces Off Against Coinbase: The Battle for Crypto Regulation
In a landmark court case, Coinbase, the largest cryptocurrency exchange in the United States, has found itself in a legal tussle with the Securities and Exchange Commission (SEC). The focal point of this confrontation is Coinbase’s demand for clearer regulations regarding digital assets, highlighted by a lawsuit emerging from the SEC’s dismissal of a 2022 […]