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Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors

28.6.2024
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 defrauded investors by falsely claiming to operate a cryptocurrency investment...

Holesky launch: AVS’s begin testing restaker and operator rewards

6.6.2024
EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges

4.5.2024
According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece on July 25, 2017. BTC-e’s Vinnik Pleads...

Argentina Lawmaker Unveils Draft Worldcoin Regulation Bill

2.5.2024
An Argentinian lawmaker has launched a draft bill that proposes regulating Worldcoin and its operator in the Latin American nation. The post Argentina Lawmaker Unveils Draft Worldcoin Regulation Bill appeared first on Cryptonews

Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe

1.5.2024
The Worldcoin operator Tools for Humanity is expanding its services in Mexico, the firm announced, in spite of lawmakers’ calls for a government probe into its iris-scanning drive. The post Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe appeared first on Cryptonews

Cboe to Wind Down Spot Crypto Trading Platform to Consolidate Services

26.4.2024
Exchange operator Cboe announced plans on Thursday to wind down its spot crypto trading platform in the third quarter. Cash-settled Bitcoin and Ether futures contracts will transition to the Cboe Futures Exchange in the first half of 2025, pending approval. The post Cboe to Wind Down Spot Crypto...

Ankr joins forces with Brevis coChain as Mainnet AVS Operator

16.4.2024
Brevis coChain, the pioneer of zero-knowledge (ZK) coprocessing technology and smart contract execution speed up, has announced its partnership with EigenLayer on the first trading day with EigenLayer mainnet. This partnership is seen as a breakthrough in blockchain functions. This partnership...

U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding

26.3.2024
A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...

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