DOJ sues Visa over alleged payments monopoly

The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. 

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DOJ recommends harsher sentences AI-enhanced crimes

Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.

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Tether has redistributed $108.8M in USDT from illicit activity since 2014

The most recent seizure of $5 million USDT from pig-butchering scams marks a significant victory in the ongoing fight against cyber fraud, according to Tether.

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DOF X Account Hacked to Promote Crypto Scheme | Key Points | Aug. 13, 2024

The Department of Finance's X account is posting fraudulent crypto schemes that are still not deleted.

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New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi and AI issues within financial services.

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US Senate recommends blockchain for national security tests

The US Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.

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Trump wont sell US BTC if elected, what about seized assets?

Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

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Judge approves delaying forfeiture of donations from FTX-funded PACs

Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

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BitMEX pleads guilty to Bank Secrecy Act violation

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

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DONOR TO ANTI-BITCOIN REP. BRAD SHERMAN COORDINATES WITH CHINA'S "MAGIC WEAPON" TO INFLUENCE US POLITICIANS

Many prominent American policymakers, including the President and the Vice President, have become friends with a donor to Rep. Brad Sherman's campaign who has worked with the Chinese state to influence American elections.

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A Large Donor to Anti-Bitcoin Rep. Brad Sherman Coordinates With Chinas Magic Weapon to Influence US Politicians, Including President Biden and Vice President Harris

In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged by the US State Department [...]

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Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers, while the Treasury writes a report.

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US authorities bust $73M crypto scam, make two arrests

The scammers convinced victims to transfer millions of dollars into U.S. bank accounts, which were then used to launder the illicit funds.

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Two brothers manipulated Ethereum protocols to steal $25M Justice Dept

U.S. officials alleged the individuals engaged in a first-of-its-kind manipulation of the Ethereum blockchain by tampering with its protocols over validating transactions.

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Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

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Attorney Files Lawsuit Against US Homeland Department to Investigate Alleged Satoshi Nakamoto Encounter

A lawyer specializing in crypto-related cases has filed a lawsuit against the Department of Homeland Security. The lawsuit seeks to reveal the true identity of the mysterious creator of Bitcoin, known as Satoshi Nakamoto. The lawyer is determined to uncover the identity of Satoshi, whose true identity has remained unknown despite years of speculation and [...]

The post Attorney Files Lawsuit Against US Homeland Department to Investigate Alleged Satoshi Nakamoto Encounter appeared first on Crypto Breaking News.

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Department of Budget Unveils INVISIBLE Government Vision with Blockchain at the Core

At the heart of this initiative is the concept of the INVISIBLE Government, a vision introduced by Undersecretary Sasa Del Rosario.

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US Justice Dept charges Roger Ver with tax fraud

The early crypto investor, often called Bitcoin Jesus, faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.

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Crypto mixing is not a crime, says CryptoQuant CEO

The arrest of the founders of Samourai Wallet led to widespread concerns in the crypto community that the U.S. government was attempting to crack down on the industry.

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US Department of Justice Seizes Hamas Cryptocurrency Meant for Financing Terrorism

The US Department of Justice has confiscated $201,000 of cryptocurrency linked to Hamas terrorist financing. This seizure marks a significant milestone in the government’s efforts to crack down on illicit activities using digital assets. The funds were believed to be used to support terrorist activities and were traced back to a known Hamas-affiliated cryptocurrency exchange. [...]

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