Over the past five years, convictions related to crypto crimes have skyrocketed by a shocking 267%. This is according to the Social Capital Markets, a global initiative aiming for a fair and sustainable economy. The most common offenses include money laundering, fraud, and drug trafficking. In the U
Ever heard of the FBI tackling crypto crimes? They did just that by creating a fake crypto token called NexFundAI. This token was designed to look like those used in early AI projects. The goal? To catch criminals who were manipulating the market by making fake trades, a practice known as wash tradi
Online casinos are welcoming cryptocurrencies with open arms, especially in North America and Europe. This trend has given birth to a new term: crypto gaming, which means betting using digital currencies like Bitcoin and Ethereum on games, sports, and esports. Unlike traditional online casinos, cryp
Once a powerful duo in the world of cryptocurrency, Ryan Salame and Michelle Bond are now facing serious legal troubles. Their story began when they met through their mutual connection to Sam Bankman-Fried, the founder of the now-collapsed FTX crypto exchange. Ryan, a top executive at FTX, was known
Imagine a fake crypto company set up by the FBI to nab market manipulators. This isn't a movie plot; it's real life. The FBI received a tip from the SEC about a Boston-based crypto firm called Saitama, which was potentially manipulating markets. They decided to act, creating a fake company called Ne
A cryptocurrency CEO, Horst Jicha, has vanished just before his trial in Brooklyn Federal Court. He was accused of stealing $150 million from investors. Jicha, a German citizen, ran a European company called USI Tech. This company promised investors a daily return of 1% on their bitcoin investments
Imagine the cryptocurrency world colliding with politics. That's what just happened in Liberland, a tiny micronation located between Croatia and Serbia. This digital currency entrepreneur, Justin Sun, has made quite a splash in this real-world political drama. You might know him as the founder of th
Ripple, the company known for its XRP cryptocurrency and RippleNet platform, has just launched new services aimed at helping banks and financial firms store digital assets. This move is part of Ripple's strategy to branch out from its main payment settlement business. The new services, now under the
FTX has officially received the green light from a bankruptcy court to start repaying its customers. The plan, approved on Monday, is set to use up to $16.5 billion in assets that the company managed to recover after its collapse. The court praised FTX for handling the complex bankruptcy process eff
You might be surprised to know who's in the running to replace the current head of the Securities and Exchange Commission (SEC). Dan Gallagher, who works at Robinhood, is said to be a top pick if Donald Trump wins the presidency. Gallagher was once an SEC commissioner himself. Some people close to t
