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.
XingChiJiashi Fund's CEO reveals that mainland Chinese investors may be able to trade Bitcoin spot ETFs within two years. U.S. media highlights that Bitcoin has moved to the forefront of the American political agenda.
AlexAlexey Pertsev, the creator of Tornado Cash, has been convicted of laundering $1.2B and sentenced to 64 months in jail, signalling potentially far-reaching consequences for developers working on open-source code projects.
CatherineMemecoins, like GME and others, ride on hype and social media buzz, skyrocketing in value but often lacking real-world use, leading to scams and massive losses for investors. While some see memecoins as a gateway to crypto, others warn of manipulation and regulatory challenges, urging for balanced regulation to protect investors.
AnaisBitcoin receives a significant positive boost as Vanguard plans to appoint former BlackRock executive Salim Ramji as its new CEO, who holds a friendly stance towards cryptocurrencies.
WeiliangChengdu police have cracked a major underground money exchange operation using USDT as a medium, involving an amount up to 13.8 billion yuan.
AlexThe emergence of crypto has brought about significant changes across multiple industries, including gambling. But with perks like anonymity, faster transactions, and the likes, will crypto trading become a gambling addiction instead?
KikyoThe Apple Vision Pro, amidst initial excitement, faces declining sales and user interest due to high pricing and usability issues, while Meta's strategic collaborations with Lufthansa and Tencent signal its aggressive push into VR markets.
WeatherlyBitget aims to mirror major exchanges by initiating an on-chain ecosystem with a $10M fund, boosting its Web3 presence and native token utility.
MiyukiChengdu police have cracked a major underground money exchange operation using USDT as a medium, involving an amount up to 13.8 billion yuan.
AlexIn a research report on Wednesday (May 15), BTIG stated that the latest Bitcoin halving has reduced the block reward from 6.25 BTC to 3.125 BTC, causing less efficient mining equipment to go offline as miner income dropped to a level equivalent to a Bitcoin price of around $30,000.
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