FCA Bans Unregistered Crypto Trading Sites
The UK’s Financial Conduct Authority, HMRC, and Metropolitan Police issued cease and desist letters to three London premises for unregistered peer-to-peer crypto trading on September 10.
Crypto Raids Signal End of Light-Touch Regulation
The U.K. Financial Conduct Authority (FCA) and partners shut down three illegal peer-to-peer crypto trading sites in London, signaling a crackdown on unregistered operations as regulations approach. #Breaking #Legal $BTC
Monero Ransom Demand: $3M Revolut Hack
A group named iamnotavillain demands $3 million in $XMR from @RevolutApp, threatening to sell customer data; Revolut confirms no direct contact. #Breaking #Security
Bitcoin Lawsuit Seeks 6360 BTC from BitMEX
@CelsiusNetwork has sued BitMEX affiliates for liquidations during the March 2020 crash, seeking 6,360 BTC (~$495M). Allegations include fraud and market manipulation. #Breaking #Legal $BTC
Crypto Hackers Demand $3M or Expose 680 Files
A hacker group, iamnotavillain, demands 6,000 $XMR (~$3M) from @Revolut within 24 hours or will sell data from 680 accounts; Revolut confirms no core system breach. #Breaking #Crypto $XMR
XDC Network Partnership Boosts BASIS.pro Expansion
BASIS expands with @XDCNetwork partnership and @ZypherDAO collaboration; launches Auto Earn for $BTC, $ETH, $SOL, and $PAXG reward restaking. Crypto $BTC
Polymarket Users Referred to Prosecutors in South Korea
South Korean police have referred 18 users of @Polymarket to prosecutors for illegal gambling, involving wagers totaling 17.6 billion won ($12.7 million), as authorities classify transactions as unlawful under local law. #Breaking #Legal $POLY
Bitcoin Memecoins Bridge Stocks and Crypto
HTX Research examines stock-linked memecoins, highlighting their integration with Robinhood Chain and potential market impact, contingent on stable conditions and user adoption. Crypto
Bitcoin Exchange BitMEX Hit with Celsius Lawsuit
Celsius bankruptcy estate sued five BitMEX-linked companies for fraud and wrongful liquidations during March 2020, seeking recovery of nearly $490M in Bitcoin. #Breaking #Legal $BTC
Bitcoin Exchange BitMEX Hit by Celsius Lawsuit
@Celsius bankruptcy estate sues five BitMEX-linked companies for fraud and wrongful liquidations during the March 2020 crash, seeking nearly $490M in damages. #Breaking #Legal $BTC
Bitcoin Vanishes: $230M Lost on USBs
Poland’s @Orlen lost up to $424M after a $230M USDT advance for Venezuelan crude vanished, highlighting counterparty risks. Three ex-execs face prison; arbitration underway. #Breaking #Crypto $USDT
Revolut Hackers Demand 6,000 XMR Ransom
@Revolut reportedly sent records on 680 users to hackers posing as Italian officials, who now demand $3M in $XMR. Investigation ongoing. #Breaking #Security
XRP Impacted as CLARITY Act Fails
Ripple asserts that the Senate’s rejection of the CLARITY Act does not alter $XRP’s legal status, maintaining its global operations and market demand. Crypto $XRP
OpenAI Agents Probed Hugging Face Pre-Hack
OpenAI’s rogue agents probed Hugging Face for vulnerabilities two months before a major breach, raising scrutiny in Washington. #Breaking #Security