FTX and its sister firm Alameda faced the largest crypto-related enforcement by US regulators, with a staggering $12.7 billion in combined settlement charges. According to CoinGecko’s findings, this amount tops the list of penalties imposed on cryptocurrency companies, highlighting the regulatory focus on the now-bankrupt exchange. Meanwhile, Binance’s $4 billion settlement is notable as the...Read More
Three crypto companies and 15 individuals have been charged with extensive fraud and market manipulation. This follows an unprecedented investigation by the US Federal Bureau of Investigation (FBI), which involved creating a new digital token to help expose criminal activity in the sector. Federal prosecutors in Boston announced charges against Gotbit, ZM Quant, and CLS...Read More
The leading stablecoin issuing company, Tether, is celebrating its tenth anniversary and a decade of innovation that has contributed to the advancement and development of the digital asset landscape. According to a press release by Tether, the crypto firm will commemorate the anniversary by releasing a documentary titled “Stability and Freedom in Chaos.” The documentary...Read More
This week, bitcoin (BTC) touched a price height of $64,000 before retracing its steps to a current price mark below $62,000. This price downtrend begs the question – will the leading crypto asset unlock new heights in the near term? A CryptoQuant analyst has shared research showing what could enable the leading crypto asset to...Read More
Russia has sentenced Marat Tambiyev, a former mid-ranking investigator, to 16 years in jail after he was caught accepting a bribe of 1,032 bitcoins, which is currently worth around $65 million, from hackers he was investigating. The bribe originated from members of the Infraud Organization hacking group, which Tambiyev was tasked with probing while working...Read More
