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US seeks $7.7M in cryptocurrency from North Korea IT worker scheme

US seeks $7.7M in cryptocurrency from North Korea IT worker scheme

The U.S. Department of Justice is aiming to seize $7.74 million in cryptocurrency involving North Korean IT workers who are believed to be using fake identities to secure remote jobs with blockchain companies. According to the DOJ, these funds were initially frozen back in April 2023 as part of an indictment against Sim Hyon Sop, […]

Trump’s cryptocurrency companies clash over rogue wallet news

Trump's cryptocurrency companies clash over rogue wallet news

The new website featuring illustrations of Donald Trump launched on Tuesday, showcasing him flexing and celebrating. This site claims to represent the “official $Trump wallet” and offers products that facilitate buying and selling using the former president’s cryptocurrency. The website prominently displays the name Trump Coin$Trump and encourages users to join a waitlist for this […]

Labor Department Allows Cryptocurrency in 401(k) Plans

Labor Department Allows Cryptocurrency in 401(k) Plans

The US Department of Labor has officially abandoned its 2022 guidance that cautioned against including cryptocurrencies in 401(k) investment options. This change could potentially open up billions in retirement savings for crypto investments. End of 2022 Guidance The guidance from March 2022 advised retirement plan trustees to exercise “extreme caution” before adding cryptocurrency options, effectively […]

Security specialist recommends that cryptocurrency investors create a strategy

Experts are noting a rise in cryptocurrency-related crimes as the value of digital currencies increases and risk factors appear lower. Adam Healy, a security expert and former US Marine, mentioned that there’s been a noticeable uptick in both the frequency and intensity of these attacks recently. He told the Post, “Over the past eight or […]

Investor in cryptocurrency charged with kidnapping and torturing Italian tourist in NYC

Cryptocurrency Investor Indicted for Allegedly Torturing Partner Police reports indicate that a cryptocurrency investor has been indicted for the alleged torture of his former business partner, utilizing methods such as tasers and chainsaws over a disturbing two-week period. John Wertz, 37, was found barefoot on the street in Manhattan’s Soho area on Friday morning. It […]

Odom, a former NBA champion, joins Trump’s cryptocurrency event amid protests.

Trump Hosts Investors Amid Protests On Thursday, President Donald Trump held a gathering for key investors of his cryptocurrency project at a luxury golf course in northern Virginia. Among the attendees was former NBA player Lamar Odom. Outside the venue, protesters voiced their discontent, displaying signs with messages like “stop the corruption of the code” […]