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2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case

[Jul 20 2:30 PM] Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization, the U.S. Department of Justice (DOJ) revealed on Thursday. Russian citizen Ruslan Magomedovich Astamirov and Mikhail…

SEC and 100 Agencies Form Council to Combat Securities Fraud

[Jul 20 12:30 PM] The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies on securities fraud. The ISC aims to improve fraud prevention, share…

ECB Maintains Interest Rates Amid Persistent Inflation Concerns

[Jul 18 8:16 AM] The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting…

JPMorgan Bullish on Gold Prices Into Year-End

[Jul 16 6:30 PM] Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its…

Guernsey Post to Launch Limited Edition Crypto Stamps

[Jul 15 12:31 AM] Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens…

Global Crypto Advocacy Movement Reaches Canada

[Jul 13 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…

SEC Secures Default Judgments in $45 Million Coindeal Fraud Case

[Jul 11 8:31 PM] The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45…

Crypto Support Surges Among GOP Voters, Poll Finds

[Jul 11 6:30 PM] A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank…

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

[Jul 11 12:33 AM] The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23…