Feds Bust Pig Butchering Scams: Recover $5M, Ex-Kansas Bank CEO Sentenced
US authorities declared victory in two cases involving crypto pigs' butchering. In one, money was found, while in another, the previous head of the bank was put behind bars.Â
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OmegaPro Co-Founder Arrested in Connection to $4 Billion Crypto Scam
The co-founder of the now-defunct crypto and forex platform OmegaPro, Andreas Szakacs, was detained in Turkey in July.
CZ Transferred to Field Office Custody Ahead of September Release
CZ is still due to be released from detention in 38 days, but according to records, CZ has been moved by authorities to an administrative facility in the Greater Los Angeles area.
Abu Dhabi Introduces Regulations for Fiat-Referenced Tokens
The financial authority of Abu Dhabi intends to oversee stablecoins, known as fiat-referenced tokens (FRTs), in response to requests from interested parties for their issuance.
Whale Loses $55M in Crypto Phishing Attack
Malicious actors used a phishing assault to steal $55 million worth of crypto from a crypto holder who signed an unconfirmed transaction.
US Regulator Slaps Crypto Fund with $150K Fine Over Illegal Bitcoin Loan
An NFA hearing panel decided that crypto fund lkigai Strategic Partners would pay a $150,000 fine to the NFA in the US for an allegedly illegal Bitcoin loan.
German BaFin Tightens Control on Crypto ATMs
The government watchdog in Germany, BaFin, said that it had begun a campaign against crypto ATMs and had taken 13 of these automated cash kiosks from 35 sites.
Bitwise Expands into Europe with ETC Group Acquisition
With the acquisition of crypto investment company ETC Group, San Francisco-based asset management firm Bitwise has expanded into the European market.
Nigerian SEC to License Crypto Platforms Amid Market Expansion
The SEC of Nigeria intends to grant licenses to exchanges that trade crypto.
Nigeria’s Tax Authority Proposes Comprehensive Crypto Bill
The FIRS is asking the National Assembly to approve a new law governing crypto in the nation.Â
