Posts published on June 20, 2024 go to media archive 1/4

Federal Agents Crack Down on Drug Ring Using Crypto Mixers

Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy…

US Court Filings Expose Montenegro’s Prime Minister’s Stake In Failed Terraform Labs

A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice…

Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections

Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He…

LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism

This week, another airdrop controversy has sent the crypto community into havoc. Omnichain interoperability protocol LayerZero recently announced its ZRO Token launch alongside an Airdrop for its community. However, investors were shocked when the…

UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust

The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed…

Indian Authority Uncovers Large-Scale Crypto and Hawala Operation, Arrests Key Player

India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an “illegal foreign remittances case” involving cryptocurrency. The investigation…

PEPE Has 80% Of Holders In Profit: How It Compares To DOGE & BTC

On-chain data shows the memecoin Pepe currently has 80% of its holders in profit. Here’s how Dogecoin, Bitcoin, and other top coins compare. PEPE Is Among The Coins With The Highest Profitability Ratio Right Now In a new post on X, the market…

Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports

Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal…

Dogecoin Enters Final Stage Of Consolidation, Analyst Predicts 6,150% Rally To $7.5

Crypto analyst Trader Tardigrade has provided insights into the Dogecoin (DOGE) future trajectory. Based on his analysis, the foremost meme coin could soon enjoy a god candle, sending its price to unprecedented heights.  Dogecoin’s Massive Rally…

Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto

Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time have I been more optimistic than right…

Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations

India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the…

Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto…

Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign

Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company's president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support…