#FBI News

Tether blacklist saved shareholders defrauded by bank CEO

protos.com When Shan Hanes, the former CEO of Heartland Tri-State Bank, was sentenced to 293 months in prison for his part in an embezzlement scheme that saw him direct over $47…

A Hidden Threat: FBI Warns of Cookie Exploit Bypassing Multifactor Authentication Security

news.bitcoin.com The FBI’s Atlanta Division has warned that cybercriminals are bypassing multifactor authentication (MFA) by stealing “Remember-Me cookies” from victims’ computers. These…

FBI Recovered $8.3M From Kansas Bank’s Pig Butchering Scam

coingape.com With the rising pig butchering scams and investors losing their hard-earned money, the FBI has to be active in dealing with the scams. Just recently, the authorities have…

FBI Recovers $8M for Victims of Kansas Bank Crypto Fraud

cryptonews.com According to apnews, the FBI successfully recovered $8 million from former shareholders of Kansas-based Heartland Tri-State Bank after its CEO, Shan Hanes, embezzled…

What Would a Trump Economy Look Like? Trump’s New Crypto and Economic Policies in 2 Minutes

99bitcoins.com What exactly would a Trump economy look like in this country? Two assassination attempts, a memecoin, FBI raids, and Elon doing jumping jacks, and Donald Trump is now the…

Tornado Cash Co-Founder Trial Adjourned Until April 2025

bitcoinist.com In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This…

Trump’s Token Drop on Bankless

bankless.com Donald Trump-linked DeFi project World Liberty Financial (WLFI) announced its public sale will kick off Tuesday, aiming to raise $300M at a $1.5B valuation. The of the total…

What’s MrBeast Role in the Alleged Crypto Pump and Dump Scam?

coingape.com MrBeast is one of the highest-earning YouTubers, with 320M subscribers and multiple successful channels. He is known for conducting extremely difficult but rewarding…

FBI-Created Token Hits Its Mark: Landmark Guilty Plea Shatters Crypto Fraud Ring

news.bitcoin.com The FBI’s fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In…

Huge week for BTC ETFs, Crypto now through Venmo, Memes Dominate Gainers

decrypt.co Huge week for BTC ETFs, Crypto now through Venmo, Memes Dominate Gainers BTC ETFs see biggest inflow week since July. BlackRock ETF sees $1bn inflows in a week. Venmo can…

SOTM October 24

coinmetrics.io Welcome to our 195th issue of State of the Market, where we provide an overview of crypto market activity from October 24 – October 30, 2024. This week in crypto markets:…

Crypto exec admits trying to wash trade FBI’s fake NexFundAI token

protos.com The founder of MyTrade, a cryptocurrency firm that was caught wash trading by the FBI, pleaded guilty on Wednesday to manipulating crypto markets for his client firms. Liu…

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

coindesk.com As national security experts, we invariably view emerging technologies through a lens that focuses on risk, mitigation and safety. We have decades of combined experience in…

African Telegram Crypto Communities Have Grown 183% Since 2023: Bitget

decrypt.co Telegram-based crypto communities grew by 183% in Africa between the beginning of 2023 and August 2024. Looking forward, the report commissioned by cryptocurrency exchange…

Inside Trust Wallet’s 2024 Milestone: Recovering $1M in User Funds

beincrypto.com While blockchain networks are notoriously difficult to hack, cybercriminals still find ways to manipulate users and projects to gain access to their funds. In 2023 alone,…

CLS Global Clarifies Position Amid SEC, FBI, DOJ Takedown of Fraudulent Crypto Firms

beincrypto.com In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission (SEC) against several cryptocurrency firms, including CLS Global, the…

Pressure campaign secures release of crypto executive from Nigerian prison

foxbusiness.com Crypto executive Tigran Gambaryan has been released from a Nigerian prison and is back in the U.S. following a high-profile pressure campaign by current and former…

Breaking: CLS Global Pledges Cooperation As US SEC, FBI, DOJ Probe Crypto Operations

coingape.com In response to recent U.S. regulatory actions targeting cryptocurrency firms, including CLS Global, the company has clarified its stance and pledged full cooperation with…

Crypto Falls Ahead of CPI, Stripe Reinstates Crypto, Fed Charges Market-makers

decrypt.co Majors drop despite stocks hitting ATHs. Stripe reinstates crypto payments. Crypto settlements near $20bn in 2024. S. Korea to review ban on BTC ETFs. US charges market…

Truth Terminal Creators X Hacked: $600,000 Lost In Memecoin Scam

coingape.com The popular AI Bot, Truth Terminal has been making a sensation in the crypto market for days now, but this time, its creator became the mediator of a memecoin scam, costing…

Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'

coindesk.com None Tether is doing "the best we can" to crack down on illicit crypto use, CEO Paolo Ardoino told CoinDesk. USDT's role in illicit finance is a "drop in the ocean" compared…

CHART: Tether has attracted US government action 19 times

protos.com On Friday, the Wall Street Journal broke news of another US government investigation into Tether. Anonymous sources familiar with the Manhattan US attorney’s office say that…

Fake Bitcoin ETF Post Lands Man Plea Deal In SEC Hack Case

bitcoinist.com The US government is preparing a plea deal for the hacker who targeted the Twitter/X account of the Securities and Exchange Commission (SEC), Bloomberg reported. The deal…

Global Crypto Crime Crackdown: US And Nigeria Unite Against Digital Threats

bitcoinist.com In recent years, crimes and crypto have grown inexorably entwined. Crypto crimes rise as its popularity and use cases grow, therefore putting at risk traders and companies…

SEC X Account Hacker to Be Offered a Plea Deal by the Government

beincrypto.com Federal prosecutors are preparing a plea deal for Eric Council Jr., the Alabama man charged in the January hack of the SEC’s X account. At a recent hearing, Council, aged…

Radiant Capital Hacker Transfers Nearly $52M in Stolen Crypto to Ethereum: Data

cryptopotato.com The person behind the recent Radiant Capital exploit has reportedly moved nearly all of the stolen crypto, valued at about $52 million, from Layer-2 networks to Ethereum.…

Freed Binance Exec Departs Nigeria as Country Teams With US on Crypto Task Force

decrypt.co Binance executive Tigran Gambaryan, held for eight months in a Nigerian prison, was released Wednesday after the country dropped charges against the United States citizen.…

Tether Proposes Boron Tokenization to Turkey

coingape.com Tether Holdings Ltd. tried to persuade Turkey to use digital assets to renovate the country’s boron market. This is the latest evidence of the crypto industry’s linchpin…

Robinhood, Revolut, and PayPal lead corporate crypto moves: ‘The floodgates are starting to open’

dlnews.com Robinhood, Revolut and PayPal’s recent crypto initiatives highlight how traditional financial powerhouses increasingly make digital assets a key part of their strategies.…

$109,000 Drained From 81 Year-Old’s Bank Account in Devastating Social Security Scam: Report

dailyhodl.com An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley says she recently received a call from someone…

ZachXBT Exposes Chinese OTC Trader’s Role in Lazarus Hacks

cryptonews.com On October 23, blockchain investigator ZachXBT revealed on X that Chinese over-the-counter (OTC) trader Yicong Wang, operating under various aliases such as ‘Seawang,’…

Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group

coingape.com An over-the-counter trader in China, Yicong Wang has allegedly laundered tens of millions in stolen cryptocurrency for the notorious Lazarus Group hacking organization…