Hong Kong flags counterfeit stablecoins tied to licensed issuers
Hong Kong regulators have warned investors about counterfeit stablecoins circulating under the names of newly approved issuers, even as the city prepares for its first...
Tag : Tied
US Treasury Freezes $344 Million in Crypto Tied to Iran’s IRGC Under Operation Economic Fury
Treasury Secretary Scott Bessent announced on April 24 that the US government has sanctioned multiple crypto wallets linked to Iran’s Islamic Revolutionary Guard Corps under...
US freezes $344M in crypto tied to Iran as Treasury targets IRGC flows
U.S. Treasury and Tether froze $344M in USDT tied to Iran’s IRGC, spotlighting how Tehran’s $7.8B crypto ecosystem leans on stablecoins to dodge sanctions and...
U.S. DOJ freezes $701M in crypto tied to global scam networks
U.S. authorities have frozen more than $701 million in cryptocurrency tied to investment scams targeting Americans as part of an ongoing crackdown. Summary U.S. authorities...
US Treasury Sanctions Powerful Cambodian Politician Allegedly Tied to Crypto Scam Network
In brief The U.S. Treasury sanctioned Cambodian Senator Kok An and 28 related entities accused of running a crypto scam network. Officials say trafficking victims...
Top Law Firm Admits to AI ‘Hallucinations’ in Bankruptcy Filing Tied to Alleged Scam Network
In brief Law firm Sullivan & Cromwell has admitted that a recent filing in a high-profile case included AI “hallucinations.” The firm said AI output...
SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token
The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about...
US Government Moves Bitcoin Tied to $9 Billion Bitfinex Hack
In brief Blockchain data shows the U.S. government transferred more than $600,000 worth of Bitcoin connected to the 2016 Bitfinex hack. The funds were transferred...