cryptocurrencies
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Binance Says U.S. Law Doesn’t Control The World, Seeks to Dismiss CFTC Suit
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US. “U.S. law governs domestically but does not control the world. Congress did…
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Tornado Cash Crypto Mixer Devs Charged With Money Laundering
Two of the original developers of the crypto mixer Tornado Cash are caught up in a whole new shitstorm of a federal indictment. On Wednesday, the U.S. alleged that two of the original devs, Roman Storm and Roman Semenov, helped crypto criminals launder millions of crypto at a time helping to emphasize the “anonymous” nature…
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‘Bitcoin Bonnie and Clyde’ Plead Guilty to Billion Dollar Crypto Laundering Scheme
On Thursday, Heather Morgan, a.k.a. Razzlekhan, and her husband pleaded guilty to orchestrating a massive money laundering scheme. Morgan and Ilya Lichtenstein became known as the modern-day “Bitcoin Bonnie and Clyde” after they were linked to the 2016 theft of $US4.5 billion in crypto from the Hong Kong-based exchange Bitfinex. The FBI cornered and arrested the…
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Sega Boss Says the Company Might Be Done With that Dumb NFT Game
With crypto becoming a hell of a lot less appetizing over the last few months thanks to numerous crimes and scandals, game companies that were once so hungry for ballooning crypto profits have been creeping their chairs away from the dinner table, inch by squeaking inch.