US President Donald Trump gathered crypto industry executives and federal regulators at the White House on Wednesday, using the event to press Senate lawmakers toward passing the CLARITY Act. Officials from the Securities and Exchange Commission, the New York Stock…
Federal regulators in the United States have moved against a Florida-based crypto firm and its founder, alleging they orchestrated one of the larger digital-asset Ponzi schemes uncovered in recent memory. Both the Securities and Exchange Commission(SEC) and the Commodity Futures…
A man with a checkered business history and a past money-laundering investigation in Britain has been identified as the force behind one of the largest single investments ever made into the Trump family’s cryptocurrency venture. As per a New York…
A federal judge in New York has hit pause on a civil lawsuit brought by the Commodity Futures Trading Commission(CFTC), putting the case on ice until a separate criminal prosecution over the same conduct plays out. District Judge Andrew Carter…
A 19-year-old suspected member of the Scattered Spider hacking group has been extradited to the United States over his alleged role in an $8 million crypto ransom demand targeting a luxury jewelry retailer. The US Department of Justice (DOJ) confirmed…
In a major development, the US government has issued an export control directive ordering leading AI company, Anthropic, to cut off all foreign national access to its Fable 5 and Mythos 5 AI models, forcing the company to disable the…
Kevin Warsh officially became the chairman of the United States Federal Reserve on Friday, taking the oath of office administered by Supreme Court Justice Clarence Thomas. The Federal Open Market Committee voted unanimously to select Warsh for the role. Trump…
Federal prosecutors have secured eight convictions in five months against Americans who helped North Korean IT workers infiltrate US companies. Matthew Isaac Knoot of Nashville and Erick Ntekereze Prince of New York were sentenced in separate courts in May for…
A US federal judge has handed down a 23-year prison term to a Texas man whose years-long cryptocurrency fraud operation –Meta-1 Coin Trust– drained more than $20 million from hundreds of unsuspecting investors. U.S. District Judge LaShonda A. Hunt of…
The US Commodity Futures Trading Commission (CFTC) has named the founding members of its new Innovation Task Force, a group assembled to help the agency develop regulatory frameworks across digital assets, artificial intelligence (AI) and prediction markets. The task force…
