Nomad Attacker Address Transfers $1.5M to Tornado Cash
DOJ Files Fraud Charges Against the Creator of Mutant Ape Planet
Key Takeaways: On January 5, the Eastern District of New York Office of the Department of Justice opened a criminal case against Mutant Ape Planet developer Aurelien Michel for misleading investors. Federal agents detained Michel last night at JFK airport…
Chinese criminal steals $4.1M in crypto from victim’s car
Justin Sun’s wallet transfers $100 million to Huobi
Genesis owner Digital Currency Group shuts down wealth management vertical
Feds Assemble FTX Task Force to Retrieve Lost Customer Funds
Key takeaways: In response to founder Sam Bankman-not Fried’s guilty plea, the Feds established an FTX task team to find misplaced customer assets. The working group was put in place to safeguard people who suffered losses as a result of…
UK National Crime Agency to Develop a Dedicated Crypto Team
Key takeaways: The National Cyber Crime Section (NCCU), a cyber-focused command of the National Crime Agency (NCA) in the United Kingdom, is prepared to introduce a special crypto unit tasked with preemptively looking into cybercrime incidents in the U.K. including…
UK Enforces Crypto Tax Break for Foreign Residents Using Local Investment Managers
Key takeaways: Starting on Sunday, the United Kingdom will impose a tax exemption on overseas investors who buy cryptocurrency through regional investment managers or brokers. Prime Minister Rishi Sunak’s intentions to make the U.K. a center for cryptocurrency reflect the…
India will Examine the Possibility of Banning Unbacked Crypto Assets During its G20 Presidency
Key takeaways: The Reserve Bank of India (RBI), the country’s central bank, released its Financial Stability Report (FSR) for the month of December this past Thursday. The 172-page research discusses issues such as government-issued CBDCs, blockchain-based assets, and decentralized finance…