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Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company,…

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Russian Cybercriminal Extradited to US in Crypto Crime Case

A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old…

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Elon Musk Supports Efforts to Free Telegram CEO Pavel Durov

Following Telegram founder Pavel Durov’s arrest, Tesla CEO Elon Musk posted the hashtag #FreePavel on his social media platform X. The hashtags #FreePavel and #FreeDurov emerged as supporters protested Durov’s…

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Taiwan Court Convicts 8 in Espionage Case Involving Crypto Payments

Taiwan’s high court on Thursday convicted eight people, including military personnel, of espionage for China, with payments allegedly made in cryptocurrency, the Central News Agency reported. The sentences range from…

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Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight

The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief…

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Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan

Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20…

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RBI Report Highlights India’s Central Bank Digital Currency Development

India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The…

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7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by…

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