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UBS Allows Crypto ETF Trading for Select Hong Kong Clients


Source: AdobeStock / lenscap50 UBS Group AG has joined rivals such as HSBC Holdings Plc, in extending an invitation to select clients in Hong Kong to trade specific crypto-linked exchange-traded funds (ETFs). The decision aligns with Hong Kong’s recent efforts to establish itself as...

Oracle Employee Allegedly Involved in $54 Million Crypto Laundering Scheme


Source: Pexels An Oracle employee with a unique nighttime persona as a party entertainer is now under investigation for his alleged involvement in a $54 million crypto money laundering scheme. Brian Krewson, who goes by the alias “Mr. Poto” during his party entertainer gig, has not been...

MacOS Malware KandyKorn Targets Crypto Owners


A new MacOS malware, known as KandyKorn and linked to the notorious Lazarus Group, has recently been identified. The malware was discovered by the Elastic Security Labs. According to an official report published by the blockchain security firm, KandyKorn relies on social engineering tactics...

U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader


The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. Sellinger filed a civil forfeiture action. The goal is to reclaim the seized cryptocurrency. This crypto is linked...

Japanese Government Sanctions Crypto Exchange Linked to Hamas


The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...

US Treasury Imposes Sanctions on Crypto Exchange Linked to Hamas Financing


The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising.  The targeted exchange, known as Buy Cash, operates from Gaza and is alleged to have played a role in facilitating terror...

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