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South Korean Court Jails Civil Servant Who Stole Public Funds to Buy Crypto


A South Korean court has handed a suspended jail term to a civil servant who stole thousands of USD worth of public funds to pay for crypto investments. Per Yonhap, the public official was handed a one-year suspended prison sentence, as well as two years of probation. The official was not named...

Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...

Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June


Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the field. Japan to Enforce Legislation Allowing...

Nevada Man Faces Time Behind Bars for Alleged Role in CoinDeal Scam


The US Department of Justice (DOJ) has charged a Nevada man for his role in the multi-million-dollar CoinDeal investment scheme. In a recent press release, the DOJ said Bryan Lee conspired with CoinDeal leader Neil Chandran to defraud 10,000 investors out of $45 million. The Nevada resident...

Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop, DCG Missed a $630M Payment, BXB Capital Raising Capital Exclusively in BTC


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop,...

Terra Founder Do Kwon Having His Bail Conditions Appealed in Montenegrin Court


Prosecutors in Montenegro appealed against the bail terms of Terra/LUNA co-founder Do Kwon and chief financial officer Han Chang-Joon. On Wednesday, the State Prosecutor’s Office in the country's capital, Podgorica, filed an official appeal against the decision made by the court on May 12 to grant...

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