The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May. Two ...
Tag: Authorities
U.S Authorities Shut Down Signature Bank After SVB Closure
Bitcoin News Customers of SVB will have access to their funds beginning Monday. Signature Bank customers will have limitless access to their money. Signature Bank was shut down by US authorities after...
Signature Bank closed by New York banking authorities
The Board of Governors at the United States Federal Reserve has taken immediate action to close down Signature Bank. The Federal Reserve explained in a Mar. 12 press release that the decision was made...
Breaking: Crypto-friendly Signature Bank closed by New York authorities
While the crypto-market is still grappling with the collapse of the crypto-centric bank – Silvergate Bank, another bank has had its shop closed. In a statement released today by the Board of Governors...
U.S. authorities preparing ‘material action’ to curb SVB contagion
United States authorities are working on “material action” over the weekend in an attempt to limit the ripple effect across the country’s banking system after the Silicon Valley Bank...
Russian Authorities Propose Penalty For Tax-Evading Crypto Miners
7 seconds ago | 2 mins read Bitcoin News Authorities decided to revise it to include more stringent penalties for non-compliant miners. Punishments might go into the millions of rubles and might invol...
Alec Baldwin lawyers say authorities destroyed gun in ‘Rust’ shooting
Hilaria Baldwin and Alec Baldwin speak for the first time regarding the accidental shooting that killed cinematographer Halyna Hutchins, and wounded director Joel Souza on the set of the film “R...
US authorities to impose 30% electricity tax on crypto mining
The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Desp...
New York authorities sue Kucoin over unregistered crypto sales, labels ETH a security
Letitia James, the Attorney General of New York State, has filed a lawsuit against KuCoin for allegedly operating as a securities and commodities broker-dealer without registering in the state, accord...
FTX Exec Loses $3.7 Million Island Home to Authorities 5 Months After Buying It
Nishad Singh – FTX’s Lead Engineer – bought a $3.7 million vacation home in the San Juan islands last October. Now, the property has been seized by the U.S. government. The home – purchased roughly t...
Singapore Authorities Launch Investigation Into Terraform Labs
25 seconds ago | 2 mins read Altcoin News The Singapore Police had informed the public through email about the investigation. The South Korean government filed an arrest warrant for Do Kwon while he w...
Singapore authorities investigate Terraform Labs
Since Do Kwon and Terraform Labs were accused of engaging in fraudulent activity by the United States Securities and Exchange Commission (SEC) a month ago, the authorities in Singapore have begun an i...
Binance allegedly tried to evade US authorities, while offering Gensler advisory role
A recent report revealed that crypto exchange Binance allegedly maintained control over its American unit, which was said to operate independently from the international entity. Moreover, Binance repo...
Twitter Fined Over Elon Musk’s Takeover By Turkey’s Antitrust Authorities
Topline Twitter was fined by Turkey’s antitrust regulator Monday for failing to seek its permission before Elon Musk’s $44 billion takeover. Elon Musk’s $44 billion acquisition of Twitter was un...
Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local authorities in Singapore announced they had begun a probe that is connected to Do Kwon’s Terraform Labs. According to a Bloomberg report, Singaporean police sent an email on March 6, which said,...
Binance Partners with Local Authorities for Anti-Scam Campaign
Binance Exchange, the world’s largest digital currency marketplace by trading platform has announced the launch of its Joint Anti-Scam Campaign. Tagged as the next innovation in its bid to protect its...
Binance Texts Expose Scheme to Evade U.S. Authorities and Regulations – Cryptopolitan
Binance, one of the world’s largest cryptocurrency exchanges, has developed a plan to avoid potential legal action by the U.S. authorities. This plan includes the establishment of a U.S.-based entity ...
Texts From Crypto Giant Binance Reveal Plan to Elude U.S. Authorities
Binance exploded onto the crypto scene in 2017 and grew into the world’s biggest digital-currency exchange. It quickly ran into a problem. It largely operated from hubs in China and then Japan, yet a ...
Moscow Authorities Detain A Brit For Consulting North Korea On Crypto
Join Our Telegram channel to stay up to date on breaking news coverage What – In a new development, the Moscow Bureau of Interpol arrested and detained a British citizen Christopher Emms for conspirac...
Authorities Uncover Crypto Mine Hidden Under A School
The police have moved to arrest a former Massachusetts state facility worker for allegedly stealing nearly $18,000 worth of electricity to run an illegal crypto-mining operation. According to reports,...
New Hampshire Authorities Investigate Swastikas Painted On Storefronts And Synagogue
Topline Authorities in New Hampshire have launched an investigation into antisemitic vandalism in the city of Portsmouth in the early morning hours Tuesday, officials said Tuesday, in the latest insta...
Zambian authorities testing technology for crypto regulation
Zambia’s central bank and securities regulators are currently testing the technology to regulate cryptocurrencies. The country is already putting in place the infrastructure required to help the natio...
Custodia Bank CEO Accuses US Authorities Of Too Little, Too Late
Join Our Telegram channel to stay up to date on breaking news coverage Caitlin Long, founder and CEO of Custodia Bank, has condemned Washington D.C. authorities and politicians over the ongoing crackd...
CEO of Custodia Criticizes U.S Authorities Over Recent Crackdown
3 seconds ago | 2 mins read Bitcoin News SBF and his inner circle contributed to the campaigns of one-third of all House members. Government authorities had compared her crypto bank’s business to FTX’...
Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help – Featured Bitcoin News
Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s A...
Norwegian Authorities Recoup $5.9M From Axie Infinity Ronin Hack
Norwegian authorities have seized 60 million krone (nearly $5.9 million) in stolen cryptocurrency, according to a statement released today, as part of an investigation into last year’s attack on Sky M...
Norwegian Authorities Seize Nearly $6,000,000 in Crypto Stolen in 2022 Hack on Axie Infinity (AXS) Ronin Network
Norway’s central unit for fighting economic crimes has seized some of the crypto assets that hackers stole from the Ronin Network, an Ethereum (ETH)-linked sidechain made for the blockchain game Axie ...
Norway Authorities Recover $5.9M Worth Ronin Bridge Hack Funds
11 hours ago | 2 mins read Blockchain News Around $622 million worth of cryptocurrency was stolen from the Ronin Bridge. The heist, which occurred on March 23, 2022, involves a complex attack on the b...
S. Korean authorities want Terra associate arrested for bribery
South Korean prosecutors investigating the Terra-LUNA collapse have reportedly applied for an arrest warrant against the former CEO of e-commerce company Tmon. As per Forkast News staff writer Danny K...
Andrew Tate Reveals How Much Bitcoin He’s Had Seized by Authorities
Shock Instagram influencer and ex-kickboxer Andrew Tate was arrested on human trafficking and rape charges in December. Authorities in Romania—where the British-American lives—have since seized milli...
South Korean Authorities Investigating Staking Program Post Kraken Settlement
11 hours ago | 2 mins read Exchange News Kraken settled the case by paying a $30 million fine and agreeing to end the programme. The SEC highlighted Kraken’s custodial staking service, which essential...
South Korean Financial Authorities Inspect Crypto Staking Services
South Korean financial authorities have been inspecting the crypto-staking service environment of domestic virtual asset exchanges. The inspection has resulted from the aftermath of the US Kraken deba...