Crypto Romance Scam: Nigeria Arrests 800 in Massive Raid
Nigeria’s Economic and Financial Crimes Commission (EFCC) has arrested 792 people in a raid on a building in Lagos, believed to be
Grayscale Struggles Amid $21 Billion Outflows; Investor Confidence Wanes
Grayscale Bitcoin Trust (GBTC) has experienced $21 billion in outflows since its January 2024 launch, becoming the only U.S. spot Bitcoin exchange-traded
CyberKongz NFT Collection Faces SEC Action Over Alleged Violations
CyberKongz, a prominent non-fungible token (NFT) collection, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) indicating the
FTX Users to Receive First Refunds in Early 2025, Kraken and BitGo Helping
Cryptocurrency exchange FTX has set an initial date for payment distribution to claimants, more than two years after the company filed for
SEC Targets Unicoin with Fraud Allegations as Gensler’s Crypto Crackdown Continues
The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to Unicoin, a U.S.-based cryptocurrency investment firm, signaling potential enforcement
Vanguard Hammers Down on Anti-Bitcoin Stance, Michael Saylor Reacts
Vanguard, one of the largest investment firms globally, has maintained its stance against Bitcoin and the broader cryptocurrency market, dismissing the merits
Peanut the Squirrel Owner Files Cease and Desist vs Binance Over IP Violation
Mark Longo, the owner of viral internet sensation Peanut the Squirrel, has taken action against Binance, one of the world’s largest cryptocurrency
World Liberty Financial Crypto Buying Spree Hits Nearly $45M
World Liberty Financial, the cryptocurrency initiative backed by President-elect Donald Trump, has continued its aggressive crypto buying spree with a recent purchase
Kraken’s Bit Trade Fined $5.1M AUD for Regulatory Violations
Bit Trade, the Australian subsidiary of Kraken, has been fined $5.1 million AUD (approx. $3.2 million USD) by the Australian Federal Court
FASB Mandates Fair Value Accounting for Bitcoin, Cryptocurrencies
The Financial Accounting Standards Board (FASB) has officially implemented its new Fair Value accounting rules for Bitcoin and other eligible cryptocurrencies. The
