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A federal jury in Texas has convicted Randall V. Rule, 73, of laundering cryptocurrency linked to various fraud schemes, including romance scams and real estate fraud. Prosecutors revealed that Rule and co-conspirator Gregory C. Nysewander converted illicit funds into...
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India’s CBI has seized cryptocurrencies worth approximately $2.8 million in raids across over 60 locations, uncovering key evidence in the Gainbitcoin scam. CBI Seizes Cryptocurrency in Gainbitcoin Scam Raids The Central Bureau of Investigation (CBI) announced...
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Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant...
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A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee...
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The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic... Translate »