U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang January 27, 2023 By Sarah N. Lynch and Raphael Satter The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that...
Crypto Crime Hits Record $20B in 2022, Report Says January 12, 2023 By Elizabeth Howcroft Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed,...
Bankman-Fried Fraud Charges Sidestep Debate Over How U.S. Law Sees Crypto January 9, 2023 By Luc Cohen Sam Bankman-Fried may find it hard to argue the fraud charges against him should be tossed because of uncertainty as...
The SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup December 28, 2022 By Allyson Versprille The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide...
Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters December 19, 2022 By Tom Wilson, Angus Berwick and Elizabeth Howcroft The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a...
FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors December 13, 2022 By Jasper Ward, Luc Cohen and Angus Berwick FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before...
European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst December 8, 2022 Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the...
Court Weighs Novel Issue of Crypto Ownership in Bankruptcy December 8, 2022 By Tom Hals and Dietrich Knauth A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens...
After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies December 2, 2022 Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at...
Bitcoin Is Being Artificially Propped Up and Shouldn’t Be Legitimized: ECB November 30, 2022 Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more...