Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney de...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
SEC Proposes Letting Advisers and Funds Hold Client Crypto When No Custodian Can
The Securities and Exchange Commission proposed rules on Thursday that would let registered investment advisers and regulated fund...
China Crypto Future: Solana Co. CEO Joseph Chee on Regulation
Solana Co. CEO Joseph Chee expects China eventually to accommodate more crypto activity under close regulation, a forecast he made...
SEC Proposes Letting Advisers and Funds Self-Custody Crypto Assets
Investors could gain access to a wider range of crypto strategies under an SEC proposal. The plan would update longstanding safeke...
Michael Saylor Eyes $160B Bitcoin Credit Opportunity Beyond Strategy and Strive
Key Takeaways: Michael Saylor says Bitcoin issuers can scale hand-in-hand but not compete. From its mere 0.1% of the world’s major...
Strategy has burned through 64% of its STRC rescue fund
Strategy, Michael Saylor’s BTC treasury company, has expended 64% of its once-$2 billion fund to repurchase STRC. After 10 weeks o...
MEXC adds another 1,000 BTC to Guardian Fund, strengthening user protection
Mutsamudu, Comoros, October 1, 2026 – MEXC, a pioneer in 0-fee digital asset trading, today announced the addition of another 1,00...