MIT-educated brothers accused of stealing $25 million in cryptocurrency in 12 seconds in Ethereum blockchain scheme – CBS News

Washington — Two brothers from New York and Boston were taken into federal custody on Tuesday for a novel crime of stealing about $25 million in virtual currency from a commonly used blockchain, according to a newly unsealed indictment. He was accused by prosecutors of devising the plan. Anton Perer-Bueno and James Perer-Bueno were charged […]
Nigeria Binance dispute: Cryptocurrency official denies money laundering – BBC.com

Written by Nkechi Ogbonna BBC News, Lagos April 8, 2024, 18:07 BST Updated 58 minutes ago image source, Getty Images image caption, Tigran Gambariyan has been detained in Nigeria since February. An executive at cryptocurrency company Binance has pleaded not guilty to money laundering charges in a Nigerian court. Tigran Gambariyan, a US citizen, was […]
Solana cryptocurrency ridden with racist meme coins, Nazi imagery

Solana, the cryptocurrency platform promoted by FTX scammer Sam Bankman Freed to prison guards as a hot investment, is rife with racist and anti-Semitic coins. Sleazy crypto entrepreneurs looking to cash in during Bitcoin’s massive rebound are using Solana’s blockchain platform to collect large amounts of money with N-word labels and swastika trading symbols. is […]
Jim Bianco joins Fox Business to discuss the latest events in the Cryptocurrency Market

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Sam Bankman-Fried sentencing: Convicted FTX cryptocurrency fraudster awaits fate – NBC News

Sam Bankman Fried will be sentenced on Thursday, four months after he was found guilty of orchestrating a multibillion-dollar fraud that caused the collapse of the FTX cryptocurrency exchange. . A federal jury in New York City convicted Bankman Fried, 32, of two counts of fraud and five counts of conspiracy in November. Since then, […]
Cantor Fitzgerald CEO backs cryptocurrency Tether despite Hamas links

Cantor Fitzgerald CEO Howard Lutnick is furious at the New York financial giant’s huge investment in Tether, a cryptocurrency popular with terrorist groups including Hamas. Last month, Lutnick, whose brother is an ardent supporter of Israel and whose brother killed about 3,000 people in the 9/11 attacks, touted Tether at the World Economic Forum in […]
Israeli Firm Launches Probe into UNRWA After Recovering $90 Million in Hamas Cryptocurrency

Tel Aviv-based blockchain analytics firm Lionsgate Network has helped the Israeli government recover $90 million in Hamas cryptocurrencies since the October 7 attack. The company is currently turning its attention to the digital wallet of the beleaguered United Nations Relief and Works Agency for Palestine Refugees (UNRWA). revelation Its staff includes many Hamas terrorists, some […]
US to require cryptocurrency mines to report energy use data

The US government plans to require companies that mine cryptocurrencies to report information on their energy usage. The Energy Information Administration (EIA) announced that starting next week, “identified commercial cryptocurrency miners will be required to investigate and provide details about their energy use.” “We specifically focused on how the energy demands of crypto mining are […]
Hackers steal $112 million of XRP Ripple cryptocurrency – TechCrunch

Image credits: David Paul Morris/Bloomberg via Getty Images Ripple’s co-founder and executive chairman revealed on Tuesday that hackers stole approximately $112 million in Ripple-specific cryptocurrency XRP from a cryptocurrency wallet. Ripple’s Chris Larsen said on Wednesday that the stolen cryptocurrency belonged to him.Larsen I wrote to X (Formerly Twitter) “Several of my personal XRP accounts […]
DOJ and SEC unveil charges in $1.9 billion cryptocurrency fraud scheme – CNBC

According to Acting Assistant Attorney General Nicole Argentieri of the Justice Department’s Criminal Division, the three defendants indicted by the Justice Department allege that Hyperfund’s investors received “huge amounts of profits paid from a virtual currency mining business that does not actually exist.” ” and made a false claim. “The level of alleged fraud here […]