$124M Crypto Laundering Scheme Exposed in Australia—Authorities Charge Four
A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds. Masterminds Convert Cash to Crypto in Bid to Hide Funds […] Powered by...
MEXC Launches $100 Million Onchain Guardian Fund to Boost User Security
MEXC has introduced a $100 million Guardian Fund to enhance user protection, with full blockchain transparency allowing real-time public verification of fund balances and usage. MEXC Sets Industry Standard With Fully Transparent Safety Net for Crypto Users Global crypto exchange MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security […] Powered by...
This Solana Startup Wants to Reward You for Being Healthy
Cudis launched its Solana token on June 4, touting it as a way of turning personal health data from wearable devices into an onchain asset. How a Solana Startup Is Incentivizing Wellness Users of Los Angeles-based Cudis can now cash in on health data from their wearable devices thanks to the launch of the company’s […] Powered by...
Lawmaker Seeks Full Crypto Conflict Ban for Congress, White House, Agencies
Congressman Himes proposes ethics overhaul barring federal officials and families from profiting via digital asset conflicts of interest. Lawmaker Unleashes Ethics Overhaul Targeting Digital Asset Conflicts of Interest U.S. Congressman Jim Himes (D-CT) proposed a significant expansion of ethical safeguards on June 11 during a legislative session in Washington, presenting an amendment to the CLARITY […] Powered by...
Report: Bullish Exchange Files for US IPO Amid Rising Demand for Crypto Stocks
Cryptocurrency exchange Bullish has filed for an initial public offering (IPO) in the United States, seeking to capitalize on increasing investor interest in digital assets during the Trump administration, according to the Financial Times. The company has submitted confidential paperwork to the Securities and Exchange Commission, allowing it to advance its listing plans while delaying […] Powered by...
UK FCA Creates New Deputy Chief Executive Role to Oversee Regulation of Stablecoin and Crypto Firms
The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms. Since joining the FCA in June 2021, Pritchard has led the supervision, policy, and […] Powered by...
