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The Latest Breaking News on Crypto

Justin Sun-Linked HTX Resumes Services Following $30M Exploit; Crypto Exchange Hacked Twice In 2023

This was the second time the exchange was hacked after being rebranded as HTX in September.

International Business Times

Bankman-Fried Receives Special Treatment In Prison, Is Giving Crypto Advice And Trading Mackerel: Report

Bankman-Fried is seemingly adapting well to this new chapter of his life. The fallen crypto mogul is trading mackerel fish to pay for prison services, a report said.

International Business Times

Is Build-A-Bear Workshop (BBW) a Smart Addition to Your Portfolio?

Build-A-Bear Workshop (BBW) registered significant growth in the first half of the year with strong store traffic and a solid product pipeline. With the company gearing up to report its third quarter results at the end of this month, is BBW a buy now? Keep reading.

StockNews.com

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Binance, CEO Admit Guilt In $4B Settlement With U.S. DOJ

World's largest crypto exchange faces charges related to money laundering and violations of U.S. laws.

Zenger

Cryptocurrency PAC Aims To Boost Pro-Crypto Candidates In 2024 Election

Fairshake PAC, backed by Coinbase CEO, spends $1.2M on ads for crypto-friendly House candidates.

Zenger

World’s Largest Crypto Exchange Hit With Record Fine, CEO Resigns

Binance CEO fined $4.3B for AML violations, steps down

Zenger

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

The Independent UK

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Changpeng Zhao: another crypto king is dethroned by America’s courts

Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned

The Guardian - UK

Binance Hit With $4.3B Justice Department Penalty: Yellen Says Crypto Exchange ‘Turned A Blind Eye’ To The Law

Binance admitted guilt to federal charges Tuesday as part of resolution with U.S. Justice Department amounting to over $4 billion

Zenger

World’s largest crypto exchange pays $4.3bn to settle federal cases as CEO resigns

Binance crypto exhange was facing scrutiny from federal regulators including the Commodity Futures Trading Commission and the Departments of Justice and Treasury

The Independent UK

Binance crypto exchange founder to step down amid US illicit finance probe

US authorities say CEO Changpeng Zhao pleaded guilty to breaking anti-money laundering laws.

Al Jazeera

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

WEKU

Karnataka Bitcoin scam: SIT to source high-end tool to track trail of transactions

The Special Investigation Team (SIT) of the Criminal Investigation Department (CID), which was constituted to probe the bitcoin scam that unfolded during the previous BJP rule, will source a high-end tool to unearth the trail of bitcoins moved by the accused Srikrishna Ramesh aka Sriki.

The Hindu

SCOTUS takes up second Chevron case, bump stock ban challenge

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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The Independent UK

More than half of Black Friday shoppers ‘set to put spending on credit’

Out of those spending, more than half are set to use a form of credit and a further 21% will borrow money from friends and family, TSB said.

The Hindu

‘Sriki moved Bitcoins worth ₹10 crore in just 22 minutes from inside quarantine cell in Parappana Agrahara’

Notorious hacker Srikrishna Ramesh (Sriki), who was inside a quarantine cell at Parappana Agrahara after he was arrested in 2020, allegedly moved Bitcoins worth ₹10 crore to different wallets using a laptop that was smuggled into the prison, unleashing the Bitcoin scam

Zenger

Bitcoin, Ethereum, Dogecoin Drop, New Report Suggests Absence Of SEC Decision On Spot BTC

The cryptocurrency market experienced a drop on Thursday evening after a wave of sell orders was positioned

Evening Standard

Steroid smuggling gang member ordered to hand over £9.8m

The steroids would be sold to bodybuilders and fitness fanatics on the black market

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Tom’s Hardware

Crypto Mining Rigs Hidden in Polish Court Building to Steal Electricity

Criminals have been caught stealing power for running cryptomining gear under the floors and in ventilation ducts of the Supreme Administrative Court in Warsaw, Poland.

Reason

Full Extent of COVID Fraud Will 'Never Be Known With Certainty'

A new GAO report details federal prosecutors' attempts to put the horse back in the barn.

Zenger

EXCLUSIVE: How Google Is Tapping Into Its Own DNA To Help Fuel The Growth Of Web3

Alphabet Inc is using its deep-rooted technology experience to help Web3 companies pull the right levers in the crypto world

Kiplinger

Scams: Senior Investors Targeted As Crypto Payment Use Grows

Crypto investment scams are climbing, costing senior victims about $35,000 each last year, the FBI reports.

The Guardian - UK

How did Sam Bankman-Fried attract investors? Well, Fomo probably helped

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

WEKU

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

The Guardian - UK

Digested week: Ivanka Trump provides the calm after the storm

Donald Trump’s daughter fulfils her filial role. Plus, De Niro in the dock and Fiona on the farm

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