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Crypto Fraud Ring Dismantled by Vietnamese Authorities

[Oct 7, 2024 2:30 AM] Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong…

DMCC and CVVC Partner to Drive Web3 Innovation

[Oct 6, 2024 8:30 AM] The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge…

Crypto Ponzi Leader Receives 121-Month Prison Sentence

[Oct 6, 2024 2:30 AM] David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom…

Russia-Based Evil Corp Faces New US Sanctions

[Oct 4, 2024 3:30 AM] The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer…

Elon Musk: America Is Headed for Bankruptcy

[Oct 4, 2024 12:30 AM] Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk…

COPA, Unified Patents Partner to Fight Crypto Patent Trolls

[Oct 3, 2024 11:30 AM] The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from…

Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill

[Oct 3, 2024 3:30 AM] Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like…

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

[Sep 30, 2024 4:30 AM] Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions…