DoJ seizes $112M in stolen crypto, will try to return funds to victims
The illicit funds have been seized from six accounts that the DoJ alleges are laundering funds for crypto confidence scams.
The illicit funds have been seized from six accounts that the DoJ alleges are laundering funds for crypto confidence scams.
The SEC is responsible for overseeing, regulating, and enforcing compliance on US securities offerings, but following its rules can be tough.
A judge has ruled that gambling potentially impacts Reggie Fowler’s ability to pay back the $750M in assets demanded by the US government.
The launch of FedNow, which will offer 24/7 payments, means many crypto projects may need to rethink their differentiated value propositions.
A settlement with the SEC may have permanently bankrupted Ripple. Now, a summary judgement is expected within four weeks.