US, Canadian investors to get full compensation in GSB Group settlement

The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments.

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Durov announces disabling personal geolocation on Telegram

Telegrams People Nearby feature has been suspected of being a way for state authorities to locate and track dissidents.

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Durov announces disabling personal geolocation from Telegram

Telegrams People Nearby feature has been suspected of being a way for state authorities to locate and track dissidents.

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Crypto venture capital funding surges to $633M in August rebound

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.

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Pavel Durov breaks silence for first time since arrest

The Telegram founder is currently prohibited from leaving France and must check in with law enforcement on a weekly basis.

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HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore

The HKMA has issued a warning about a fraudulent social media page impersonating Bank of Singapore Limited, urging the public to be vigilant. (Read More)

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Fractal Bitcoin: good or bad for mining revenues?

August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated.

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South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination.

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Tether Collaborates with DOJ to Seize Over $6 Million in Crypto-Confidence Scheme

Tether aids the U.S. Department of Justice in seizing over $6 million linked to a crypto-confidence scheme in Southeast Asia, demonstrating its commitment to combating fraud. (Read More)

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FBI seizes $6M from crypto scammers targeting US citizens

Tether said it aided in recovering the stolen crypto by freezing the scammers wallets, which the FBI then seized.  

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HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited. (Read More)

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OpenAIs move to for-profit: Is it indeed illegal?

OpenAIs potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

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Judge rules Tornado Cash co-founder will face trial for money laundering

Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The prosecution must, however, prove Storm knew he dealt with proceeds of any crime, not specifics. Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, […]

The post Judge rules Tornado Cash co-founder will face trial for money laundering appeared first on CoinJournal.

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Ledger hardware wallet expands crypto buying options with Upholds Topper

Toppers on-ramp entrance to Ledger Live comes at a time when Ledger supports only one off-ramp solution.

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HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant. (Read More)

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Bitget predicts TON de-Telegramization in the next 2 years

TONs Toncoin cryptocurrency will likely outperform spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.

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SEC settles charges against TrueCoin, TrustToken over TrueUSD 

The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.

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IMF staff propose REDI framework to catalyze CBDC adoption

IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.

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New York man to pay $36 million for forex and crypto fraud

A US federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty The New York resident was charged and ordered to pay a total of $36 million for defrauding victims in a forex and crypto scheme A New York man is to pay $36 million for defrauding […]

The post New York man to pay $36 million for forex and crypto fraud appeared first on CoinJournal.

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Chase infinite money glitch leaves TikTokers in huge debt

Social media users have been reporting a glitch with Chase Bank ATMs, allowing them to withdraw large sums without sufficient funds.

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