How a ‘No Questions Asked’ Crypto Scheme Became a Federal Target
A Danvers, Massachusetts man, Trung Nguyen, was convicted of money laundering and operating an unlicensed cryptocurrency business that converted over $1 million in cash to bitcoin. Through his company, National Vending,...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme
A Vietnamese national has been charged with laundering money from a sprawling “pig butchering” cryptocurrency scam that U.S. feder...
Bitcoin researchers target privacy coins with Zcash-style shielded transfers
Bitcoin researchers have proposed a system for private transfers directly on the network without requiring a soft fork or changes...
Brooklyn Man Sentenced to Up to 12 Years Over $16 Million Coinbase Social Engineering Scheme
A Brooklyn man faces up to 12 years for a $16 million social engineering scheme targeting Coinbase users. What the sentence means...
Man sentenced to 12 years for $16M Coinbase customer support scam
A Brooklyn man was sentenced to as much as 12 years in prison for stealing nearly $16 million from Coinbase users. On Sept. 23, Ro...
CFTC sues Cash FX, alleges $950M crypto-linked forex scheme
The CFTC claimed that Cash FX engaged in minimal forex trading and misappropriated most of the participant funds.
EU faces September 30 clock to decide future of DeFi loans
The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers...