FCA Sues HTX Over Crypto Promotions
The UK Financial Conduct Authority sues @HTX for illegal crypto promotions, marking its first enforcement under new regulations. HTX allegedly ignored warnings and continued unlawful ads. #Breaking #Legal
Bitcoin Drops Below $66K Standard Chartered Warns
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U.S. Department of Justice releases 3M pages linking Jeffrey Epstein to early crypto figures, including @Coinbase and @Ripple. #Breaking #Legal
Polymarket Scandal: IDF Insider Trades Exposed
Two Israelis arrested for using classified IDF information to place bets on @Polymarket; charges include security offenses and bribery. Polymarket’s insider trading claims raise security concerns. #Breaking #Legal
Paxful Fined $4M for Money Laundering
Peer-to-peer cryptocurrency platform @Paxful sentenced to pay $4M for money laundering and Travel Act violations, admitting to illegal activities. #Breaking #Legal
SUI Price Surges 7% After Grayscale ETF Move
Grayscale submits an amendment for its Sui ETF to the SEC, prompting a 7% rise in $SUI price as investors anticipate the first spot SUI ETF launch. #Breaking #Crypto $SUI (+7) ↗
Bitcoin Stagnates as CryptoQuant CEO Warns
Bitcoin is facing significant bearish pressure, with CryptoQuant CEO Ki Young Ju stating it’s “not pumpable right now” due to heavy selling and supply overhang. #Breaking #Crypto $BTC (-8) ↘
Paxful Fined $4 Million for Money Laundering
@Paxful Holdings was sentenced to pay a $4 million penalty for violating money-laundering laws and promoting illegal activities, significantly reduced from an initial $112 million due to its financial status. #Breaking #Legal $BTC
Bitcoin Marketplace Paxful Banned for Crimes
The US DOJ orders @Paxful to pay $4M for promoting illegal prostitution and money laundering, highlighting increased scrutiny on crypto platforms. #Breaking #Legal
Bitcoin Exchange Paxful Fined $4M
Paxful was fined $4M after pleading guilty to facilitating money laundering, fraud, and sex trafficking transactions. The DOJ reduced the original $112M penalty due to inability to pay. #Breaking #Legal
Ethereum Layer 2 Testnet Launches on Robinhood
Robinhood has activated its public testnet for Robinhood Chain, an Ethereum layer 2 network to support onchain financial infrastructure, using Arbitrum’s technology.
Bitcoin Regulator Probes Bithumb Over 620000 BTC Transfer
The Financial Supervisory Service (FSS) of South Korea is investigating @Bithumb after mistakenly crediting over 620,000 BTC to users, raising concerns over asset ownership and security. #Breaking #Crypto $BTC
Stablecoin Startup Tempo Acquires Farcaster Founders
Farcaster co-founders Dan Romero and Varun Srinivasan join stablecoin-focused blockchain startup Tempo after Neynar acquires Farcaster social protocol. Crypto
SafeMoon Founder Gets 100-Month Prison Sentence
Braden Karony, ex-CEO of @SafeMoon, sentenced to 100 months for crypto fraud involving $9M misappropriation and manipulative trading. Conviction highlights meme coin exploitation. #Breaking #Legal
Blockchain.com Gains FCA Approval in UK
Blockchain.com secures FCA registration for UK crypto services, enhancing its regulatory compliance across Europe and the UK. This follows its MiCA license, positioning it in major markets.