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FTX's former external legal team disputes involvement in fraud allegations
24.9.2023
In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities
Suspected $28 Million Coinex Hot Wallet Hack Emerges
12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...
Five Arrested in Thailand for Alleged Involvement in $76M Crypto Scam
12.9.2023
In a coordinated cross-border operation, Thai authorities have arrested four Chinese nationals and one Lao citizen suspected of orchestrating a massive 2.7 billion baht ($76 million) crypto scam, Bangkok Post reported.
The investigation, led by the Cyber Crime Investigation Bureau (CCIB)...
Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details
4.9.2023
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...
US Fed steps up oversight of banks' involvement with crypto firms
9.8.2023
The limitations set out in the Federal Reserve’s new Program provides additional measures to its original policy statement laid out in January
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All
6.6.2023
After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI) firm Openai, clarified at an event held at Tel Aviv...
Ron Paul Denounces US Government ‘Deceptions’ on Inflation; Mentions Federal Reserve Involvement
22.5.2023
Ron Paul, a former congressman from Texas and former U.S. presidential candidate, has reflected on how the U.S. government is handling inflation and how it has been deceitful on the issue. Paul believes that if the U.S. government were to really point to the root of the inflation problem, it would...
BRICS, Eurasian Economic Union, SCO Members Plan to Discuss Forming an Extensive Alliance
20.5.2023
In four days, representatives from the BRICS nations and the Eurasian Economic Union free trade group are set to convene to explore the possibility of integration with the Shanghai Cooperation Organization (SCO), as revealed by a recent russia-briefing.com report. The report emphasizes...
US DOJ Investigating Binance’s Involvement With Possible Russian Sanctions Violations: Bloomberg
5.5.2023
The US Justice Department is investigating whether Binance Holdings Ltd. was illegally used to let Russians skirt US sanctions and move money through the cryptocurrency exchange, according to a report from Bloomberg News.
The Justice Department’s national security division is looking into whether...
Three North Koreans Sanctioned for Involvement in Crypto-Linked Hacking Group – Here's What Happened
25.4.2023
The US Department of Foreign Asset Control (OFAC) has sanctioned three individuals that allegedly supported North Korea through illicit financing and malicious cyber activity.
In a Monday press release, the US Treasury claimed that the three individuals provided material support to the Lazarus...
Matt Damon Shares Story Behind His Crypto Commercial
1.4.2023
Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in it. Matt Damon Talks...
National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes
28.3.2023
National cryptocurrency exchanges have paused their activities in Venezuela according to reports, as the anti-corruption probe on national crypto watchdog Sunacrip and unlawful oil sales continues in the country. Tarek William Saab, attorney general, confirmed the involvement of the institution...
SEC Takes Swift Action Against BKCoin and Kevin Kang for Alleged Involvement in $100 Million Crypto Fraud
7.3.2023
The Securities and Exchange Commission (SEC) has announced it is taking “emergency action” against crypto hedge fund BKCoin and its co-founder Kevin Kang for “Ponzi-like conduct.”...
Read More: SEC Takes Swift Action Against BKCoin and Kevin Kang for Alleged Involvement in $100 Million Crypto Fraud
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
19.12.2022
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J....
US Treasury Redesignates Sanctions on Tornado Cash Crypto Mixer, Citing North Korea Involvement
9.11.2022
The US Treasury Department has redesignated sanctions on the mixing service Tornado Cash, saying North Korea’s Lazarus Group has used the service to launder more than $100m stolen in crypto heists.
The new sanctions were published by the Treasury Department’s Office of Foreign Assets Control...
Visa's trademark applications suggest more involvement in crypto space
27.10.2022
The company's trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs
Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation
6.10.2022
The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also stated that the impact...
EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project
29.9.2022
Cross-party lawmakers cited worries over data privacy and taxation as they demanded a U-turn on the controversial European Central Bank decision to let Amazon participate in the digital euro project