Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims. Source: cointelegraph.com (Read Full Article)
Colorado pastor and wife indicted in $3.4M crypto scam
The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors. Source: cointelegraph.com (Read Full Article)
South Korean regulator urges asset managers to limit crypto exposure
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. Source: cointelegraph.com (Read Full Article)
CoinShares secures French MiCA license, cementing EU presence
In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers. Source: cointelegraph.com (Read Full Article)
Crypto entrepreneurs were fleeing America, but we can bring them back
Regulatory uncertainty drove crypto innovation offshore, but new bipartisan leadership and clear frameworks can restore America’s financial dominance. Source: cointelegraph.com (Read Full Article)
Crypto ATMs were just banned in New Zealand: Here’s why it matters
New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance. Source: cointelegraph.com (Read Full Article)
Trump’s AI plan eases data center rules, strips federal DEI guidelines
On Wednesday, the White House released its plan to make the United States a global leader in artificial intelligence research and development. Source: cointelegraph.com (Read Full Article)
Fate of crypto, CBDC bills unclear as US Congress heads into recess
Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House. Source: cointelegraph.com (Read Full Article)
Crypto ‘control’ takes center stage at Roman Storm trial
With the trial of the Tornado Cash co-founder ending its eighth day, a witness testified Roman Storm had control over some of the funds connected to the mixing service. Source: cointelegraph.com (Read Full Article)
Amended class action calls Pump.fun a ‘slot machine cabinet’ in $5.5B case
An amended lawsuit accused Pump.fun and key Solana partners of operating an unlicensed digital casino that funneled billions through deceptive memecoin schemes. Source: cointelegraph.com (Read Full Article)