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Robinhood Hit With Wells Notice By SEC


Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges. The post Robinhood...

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


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...

Baroness’ Letter Sparks Debate on UK’s AI Market Competition


The UK government faces pressure to address copyright concerns and promote fair competition within the UK’s AI Market Competition. Learn about the challenges posed by generative AI, the role of Big Tech companies like Amazon and Microsoft, and the ongoing efforts to ensure a thriving and ethical AI ...

US Imposes Sanctions on Crypto Addresses Linked to Russian Drone Maker


The Office of Foreign Assets Control (OFAC) of the US Treasury launched an action against a developer at OKO Design Bureau, a drone manufacturer with headquarters in Russia, on May 1. Three crypto addresses connected to the developer were added to the Specially Designated Nationals (SDN) list...

FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme


The FBI arrested New York resident Idin Dalpour for defrauding investors of $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation. The post FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme appeared first on Cryptonews

Roger Ver Arrested for $50M Tax Fraud


The United States Department of Justice announced $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’  The post Roger Ver Arrested for $50M Tax Fraud appeared first on Cryptonews

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