Dutch Prosecutors Seek to Bankrupt Crypto Platform Knaken After Funds Frozen
In brief The Dutch Public Prosecution Service has asked a Rotterdam court to declare crypto platform Knaken bankrupt in “the public interest.” Knaken has been...
Tag : Funds
Sovereign funds see Bitcoin discount as entry point: MidChains CEO
Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin’s current price level is becoming attractive to institutional investors, according to MidChains CEO...
FBI gives OneCoin victims final days to claim recovery funds
The FBI is urging victims of the OneCoin cryptocurrency investment fraud to file compensation claims before the June 30 deadline. Summary OneCoin victims must file...
Ethereum Layer-2 Taiko Warns Users to Withdraw Bridge Funds After Security Breach
In brief Taiko said its chain state verification mechanism was compromised and urged users to withdraw funds from all bridges on the network. BlockSec Phalcon...
US moves seized Alameda funds to Coinbase Prime
The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked...
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum
In brief A 47-year old man from the Seattle area helped defraud investors of nearly $100 million, prosecutors said. Victims thought they were investing in...
UK financial regulator floats allowing 10% crypto allocations for retail funds
The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a...
FixedFloat suspends Huobi funds, but did UK sanctions go too far?
FixedFloat has tightened its compliance rules for transactions linked to Huobi or HTX after the United Kingdom placed Huobi Global S.A. under Russia-related sanctions. Summary...
The Best AI Models Still Encourage 'Harmful Intimacy' With Chatbots, Study Funds
In brief A new USC study found that every tested frontier AI model violated social-interaction safety guidelines more than 27% of the time. Researchers identified...
Trezor Reveals Hardware Wallet Vulnerability, But Funds 'Safe'
In brief An audit by the Ledger Donjon team found a hardware vulnerability relating to Trezor’s TROPIC01 Secure Element chip. The attack could reveal one...