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Tether, a stablecoin issuer, recently worked closely with the US Department of Justice and the FBI to seize $1.4 million USDT linked to a tech support scam network. The scam targeted vulnerable elderly individuals through deceptive pop-up ads, tricking them into thinking their devices had been compromised. Victims were then coerced into transferring their funds
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The Nigerian government recently made headlines by obtaining a court warrant to detain Binance officials for a minimum of twelve days. This move came after the officials insisted on being taken to their respective countries’ embassies, further escalating the situation. The government’s accusations against Binance include aggravating the country’s foreign exchange challenges by manipulating rates
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The recent release of the Biden administration’s proposed budget for 2025 has sparked discussions among investors and experts alike. With provisions aimed at implementing regulatory measures targeting digital assets, the proposed budget is expected to have significant implications for the cryptocurrency industry. By addressing loopholes that have allowed wealthy crypto investors to benefit disproportionately, the
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