Tag Archives: crackdown

Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including activists and human rights defenders, spoke out about the significance …

Netflix Co-CEO Greg Peters says internal viewership data from before and after the implementation of paid password sharing shows the new policy has not turned off viewers, as some had initially predicted it would. The company on Thursday reported a year-over-year jump of 9.3 million subscribers in the first quarter, …

In a recent Bloomberg report, it was revealed that the US Treasury Department is urging lawmakers to grant it additional enforcement powers in its fight against foreign providers of cryptocurrency services. The primary objective behind this request is to safeguard national security interests. Growing Hurdles In Tracing Illicit Crypto Transactions …

Prominent figures within the crypto community are raising alarms over what appears to be a new wave coordinated effort by US banks to systematically dissociate from businesses dealing in digital currencies. Operation Choke Point 2.0 which began last year, is a concerted government effort involving the Biden White House, several …

In a recent interview with CNBC’s “Squawk Box,” former President Donald Trump expressed his views on the use of Bitcoin (BTC) and other cryptocurrencies, suggesting a pro-crypto stance if he were to be elected president again. Trump’s remarks come at a time when the crypto industry is facing increased regulatory …

Sexually explicit AI-generated images of Taylor Swift circulated on X (formerly Twitter) this week, highlighting just how difficult it is to stop AI-generated deepfakes from being created and shared widely. The fake images of the world’s most famous pop star circulated for nearly the entire day on Wednesday, racking up tens …

The European Council issued a press release on January 18 declaring that the European Council and Parliament have reached a provisional agreement on certain aspects of a new anti-money laundering package to protect EU citizens and the EU’s financial system. Stricter Rules Will Affect The Crypto Sector The provisional agreement …

In a move that has ignited fierce debate in the crypto community, Senator Elizabeth Warren, known for her firm stance against cryptocurrencies and Bitcoin (BTC), has introduced the Digital Asset Anti-Money Laundering Act.  The bipartisan bill, which has the support of an expanded coalition of senators and was reintroduced in …

In a recent move that intensifies the Securities and Exchange Commission’s (SEC) crackdown on the Non-Fungible Token (NFT) sector, the SEC has charged Stoner Cats 2 (SC2) with conducting an “unregistered offering of crypto asset securities.”  The charges specifically target Stoner Cats’ sale of non-fungible tokens, which raised approximately $8 …

According to a recent report by crypto research firm Messari, Tezos has been progressing in its roadmap development, with several new features and upgrades being introduced to the network.  The platform’s core developers have announced a strategic shift to hybrid optimistic/zk rollups, with multiple teams committed to building rollups that …

The crypto market has turned bearish since the SEC charged Binance and Coinbase with listing unregistered securities last week. The cryptocurrency market is in a crucial growth phase that could significantly determine the winners of blockchain mainstream adoption. The fact that different countries are coming up with respective crypto policies …

After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance and Coinbase. A total of 13 charges have been filed against Binance. One of the allegations in the suit claims that funds from Binance …