Over a year after alleging fraud and money laundering associated with Tether-Bitfinex, the Journal has now removed any mention of Christopher Harborne and his business from the article. The Wall Street Journal reportedly faces a defamation lawsuit for allegations made in an article published in 2023 describing illegal activities involving crypto firms Tether and Bitfinex. ...Continue Reading

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in USD terms. Bitcoin (BTC) is leaving exchanges at the quickest rate in years as BTC price action vies for all-time highs. In a post on X (formerly Twitter) on Mar. 3, James Van Straten, research...Continue Reading

The chairman of the Committee, Ginger Onwusibe, warned that if Binance ignores the summons, the committee will exercise its constitutional authority for necessary actions. The Committee on Financial Crimes in Nigeria’s House of Representatives has called upon Richard Teng, Chief Executive of Binance Holding Limited, regarding suspicions of terrorism financing and money laundering. According to...Continue Reading

Cryptocurrency users whose assets were affected by FTX’s bankruptcy took to X social platform to express their concerns, seeking accountability from FTX. FTX has opened a claim window, and claims for major crypto assets such as Bitcoin (BTC), Ethereum, Solana (SOL), and BNB (BNB) were priced significantly lower than the current market values. Wu Blockchain’s...Continue Reading

Chainlink founder Sergey Nazarov pointed out the significant new crypto buyer group while eyeing off the next development in the crypto market, real-world asset tokenization. In a recent interview, Chainlink (LINK) founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique due to the sheer amount of new types of buyers entering the...Continue Reading

From April 26, the UK economic crime legislation will include civil recovery orders for confiscating crypto assets. The United Kingdom government recently released Statutory Instrument documentation, stating that UK law enforcement authorities will be able to freeze crypto assets used in crime without requiring a conviction from the end of April. Published on February 29,...Continue Reading