U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack
Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.
Policy
U.S. Marshals Service Can’t Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
U.S. Senators Push for SEC to Rethink Crypto Staking in Exchange Funds
The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.
India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect’s founder, Satish Kumbhani, is wanted in both India and the U.S.
Argentina Opposition Threatens Milei With Impeachment Over LIBRA Token Tweet: Reuters
An opposition lawmaker said the president should be impeached after promoting and then withdrawing his support for the token.
SEC Asks Court for Coinbase Case Deadline Extension, Citing ‘Potential Resolution’ Prospects
The SEC filed a motion Friday saying its new crypto task force could help it resolve its ongoing case against Coinbase.
Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more “professionalized.”
Crypto Industry Gets Chance to Make Its Case to U.S. Congress
In a hearing with the loaded title “A Golden Age of Digital Assets,” the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
Crypto’s Debanking Worries Hit Another Big Stage in U.S. House
The industry’s U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.