US authorities announce conviction connected to Bitcoin stolen from Silk Road
U.S. Attorney Damian Williams cited “state-of-the-art cryptocurrency tracing” and “good old-fashioned police work” in the authorities recovering the stolen Bitcoin.
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Crypto no more in top 10 most-cited potential risks: US central bank report
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns.
Major South African Supermarket Chain Accepts Bitcoin Payments (Report)
One of the largest supermarket chains in South Africa – Pick n Pay – reportedly enabled customers to settle their bills in cryptocurrencies, including bitcoin. The offering covers 39 of…
Joe Biden unhappy with Elon Musk for buying a platform that “spews lies”
Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter.
Instagram Influencer Jay Manzini Pleads Guilty for Draining $2.5M in BTC From Fans
The popular Instagram influencer Jebara Igbara, also known as “Jay Manzini,” pleaded guilty to money laundering, wire fraud, and wire fraud conspiracy. He used the social media platform to promote…
OCC makes its staff available for fintech-related discussions
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023.
Bitcoin Taps 5-Day Peak on Higher Than Expected US Job Report
The US beat the expectations in terms of new nonfarm jobs reaching 261,000 such positions in October, rather than the estimated 205,000. Bitcoin reacted with immediate price fluctuations, dropping by…
US Election update: Where do the pro-crypto candidates stand ahead of the election?
Crypto has been highly visible in this election cycle thanks to polls and political action committees. This is a new and unaccustomed role for it with unknown results.
IRS prepares for an increase in crypto cases in the upcoming tax season
The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season.
SEC chair highlights crypto enforcement cases to legal experts
Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws.
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