DOJ Thanks Tether for Assistance in Seizure of $5,000,000 USDT in Fraud Scheme – The Daily Hodl
The U.S. Department of Justice (DOJ) announced that stablecoin issuer Tether has assisted authorities in recovering funds stolen from victims of a widespread cryptocurrency investment scam. in statement, The Department of Justice announced that it had seized approximately $5 million worth of the stablecoin USDT traced to a wallet allegedly used to launder proceeds from […]
JPMorgan Chase's Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is 'Outrageous,' Say US Senators in Blistering Response to Banking Giant – The Daily Hodl
JPMorgan Chase has warned it may soon impose unprecedented fees on its more than 80 million customers and is already hearing from U.S. lawmakers. In a letter to the major banks, luckDemocratic Sens. Elizabeth Warren and Chris Van Hollen slammed banks for trying to increase fees, including charges for basic checking accounts and services. “Will […]
Elizabeth Warren Alleges Foreign Governments Using Crypto Mining Facilities To Spy on US Military Operations – The Daily Hodl
Senator Elizabeth Warren said that US rival countries are secretly using digital asset mining facilities to gather intelligence. Warren said at a hearing before the Senate Banking, Housing and Urban Affairs Committee. To tell She worries that other countries may be spying on the U.S. military through code mines. “Foreign adversaries are using cryptomining to […]
State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF – The Daily Hodl
New documents reveal that the state of Michigan has millions of dollars worth of investments in the ARK 21Shares Bitcoin (BTC) exchange-traded fund (ETF). According to the new 13-F Filing The State of Michigan Retirement System, in cooperation with the U.S. Securities and Exchange Commission (SEC), has purchased 110,000 shares of the ARK 21Shares BTC […]
$47,646 Drained From Customers’ Accounts at Wells Fargo As Rogue Executive Mounts Year-Long Campaign To Steal Cash: US Bank Regulator – The Daily Hodl
Wells Fargo executives have been forced out of the banking industry after they were found guilty of draining tens of thousands of dollars from customers’ deposit accounts. The Office of the Comptroller of the Currency (OCC) Publish A consent order was issued against former Wells Fargo assistant manager of operations, Cindy M. Flores, accusing her […]
Bitcoin Flashing Bullish Signal That Previously Led to 193% Rally, Says Crypto Analyst – The Daily Hodl
A noted crypto analyst says Bitcoin (BTC) is showing numbers that previously suggested the start of a nearly tripled surge. Crypto strategist Ali Martinez told his 67,100 followers on social media platform X that bitcoin holders who bought the coin within the past one to three months suffered big losses after the cryptocurrency plummeted below […]
$1,640,000,000 in Crypto Assets Lost on BNB Chain Since Launch, Says Bug Bounty Platform Immunefi – The Daily Hodl
New data from bug bounty platform Immunefi has revealed that approximately $1.7 billion in crypto assets have been leaked on the BNB chain since its inception in September 2020. A new research paper reveals that To tell The BNB Chain has experienced hundreds of fraud and security incidents since its launch nearly four years ago. […]
Bitcoin Metric That’s Previously Preceded a Bullish Reversal Flashing Green, According to Analyst Jamie Coutts – The Daily Hodl
A noted cryptocurrency analyst says Bitcoin (BTC) indicators that previously predicted a bullish reversal are flashing green again. Jamie Coutts, chief crypto analyst at RealVision, said: To tell The slowing decline in Bitcoin’s hash rate is a signal that usually precedes a reversal in momentum for the cryptocurrency king. However, he noted that this prediction […]
Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice – The Daily Hodl
The Department of Justice announced that a former bank manager has admitted to stealing more than $250,000 from customers to fund his own extravagant spending habits. Department of Justice To tell Eric Jason Showest, 53, of Plaquemines, Louisiana, pleaded guilty to embezzlement and bank fraud. According to prosecutors, Showest admitted to using his authority as […]
Wells Fargo Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court – The Daily Hodl
Wells Fargo is facing a new class action lawsuit that alleges it violated the law by holding customers liable for fraudulent transfers. of suitThe lawsuit, filed in Pennsylvania federal court by Jennifer Rice and Eric Westervelt, alleges that Wells Fargo routinely violates the Electronic Funds Transfer Act by failing to compensate victims for their losses. […]