In Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoFour foreign nationals were arrested in Thailand for a robbery on 8 November, where they forced a Ukrainian tourist, Viacheslav Leibov, to transfer 250,000 USD in cryptocurrency. The suspects, who had prior connections to the victim, were charged with armed robbery, unlawful detention, and coercion.
WeatherlyHong Kong authorities are investigating a cryptocurrency scam in which a 26-year-old woman reported losing approximately HK$93,000 ($12,000) in tether (USDT) at an exchange shop in Mong Kok.
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyBinance and Delhi Police have successfully dismantled a $100,000 scam that duped investors with false claims linked to a fake solar company.
XingChiNigerian authorities are cracking down on unlicensed cryptocurrency firms, securing nearly $100,000 from Paparaxy Global Ventures and Lemskin Technologies for unauthorized USDT transactions. The Economic and Financial Crimes Commission has revealed that both companies entered a plea agreement, highlighting the government's commitment to regulating the cryptocurrency market and combating illegal activities.
WeatherlyCoinbase’s delisting of Tether reflects tightening EU regulations. More tokens face delisting as MiCA is enforced, creating long-term market stability.
BerniceTether is celebrating the 10th anniversary of its stablecoin, USDT, by releasing a documentary called Stability and Freedom in Chaos, highlighting its role in helping people facing inflation and economic challenges in countries like Turkey, Brazil, and Argentina. The film features personal stories and statistics showcasing how USDT has become vital for daily transactions and financial stability in these regions.
JoyIn a shocking turn of events, Isabella Yer Enci, a former accounts executive at Voltron, has admitted to duping a cryptocurrency trader, pocketing over $900,000 worth of her company's digital assets.
XingChiFTX’s revised repayment plan leaves crypto holders with just 10-25% of assets, while preferred shareholders benefit from a $230 million fund.
Xu LinSeveral prominent Twitter accounts were hacked to promote the meme coin $HACKED on Solana, but the scam generated minimal financial success. The incident highlights the risks surrounding meme coins and social media-based crypto scams.
DanteWith the expectation of the Federal Reserve's interest rate cut and the recovery of the crypto market, DeFi yields may rebound. Projects such as Aave have performed well, and the recovery of the DeFi lending market may attract more investors to return to Ethereum and the crypto credit market.
JinseFinanceLast week’s data highlighted a shift in market focus from inflation to the labor market and consumer health. BTC/USD remains range-bound, but the technical outlook for ETH/USD remains bleak after breaking below key support levels.
JinseFinanceThe UK's FCA aims to recover $8 million for supervising stablecoins and crypto, part of a broader regulatory agenda.
AlexTwo days ago, I received a consultation from a friend, saying that he had transferred USDT equivalent to about 40 million yuan to a certain U-business, but the other party did not transfer the money. He has lost contact and asked me what to do.
JinseFinanceScam Sniffer has recently reported a concerning surge in cryptocurrency theft in 2023. This surge can be attributed to the rising complexity of phishing scams.
ZoeyThe Economic Crime and Corporate Transparency bill is meant to build on an earlier law that helped regulators place sanctions on Russia.
CoindeskAnthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward.
CointelegraphCryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America.
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