Interpol's global fraud operation has spotlighted a single crypto wallet in Thailand that processed more than $122.5 million, linked to a 20-year-old suspect. The case illustrates how cross-chain token swaps can hinder investigators trying to trace illicit funds across multiple services, assets and jurisdictions.
A gap between a court forfeiture order and actual custody of digital assets has allowed cryptocurrency tied to a convicted scammer to move to unknown wallets, even as the individual remains in prison. According to the Department of Justice, a forfeiture order does not automatically transfer control of the underlying
Facing the U.S. Securities and Exchange Commission's 2020 lawsuit, Ripple's leadership seriously debated ending the company altogether. CEO Brad Garlinghouse revealed that he and co-founder Chris Larsen considered winding down operations and distributing the company's XRP holdings to shareholders rather than mounting
The exchange-traded fund became one of Wall Street's most powerful distribution tools by turning market exposure into a simple, accessible retail product that investors could buy alongside blue-chip stocks. That same convenience now applies to crypto, following the approval of spot Bitcoin and other digital-asset
A recent financial disclosure from Donald Trump has drawn scrutiny over how digital-asset policy, personal financial interests, and presidential power increasingly intersect. The filing reveals a governance concern that reaches beyond any single individual, because cryptocurrency can convert political access, symbolism, and regulatory sentiment into tangible value far more
Circle has secured approval to establish a US national trust bank, marking a significant step in the stablecoin issuer's push toward regulated financial infrastructure. Named Circle National Trust, the entity is structured to provide custody services rather than operate as a conventional bank. Under the charter's
The 21st Century ROAD to Housing Act has taken effect after the required period elapsed without President Trump's signature, a mechanism that allows bills to become law even when the president neither signs nor vetoes them. Tucked into the housing legislation is a provision barring the Federal Reserve
The CLARITY Act aims to create a comprehensive regulatory framework for U.S. digital asset markets, clarifying oversight roles and establishing transparency rules for the industry. Rep. French Hill has called on the Senate to schedule a vote before the August recess, framing timely passage as essential to providing clear
The US Department of Justice is preparing to drop charges against a man accused of involvement in the $722 million BitClub Network scheme, according to a Bloomberg report. BitClub operated as an alleged Ponzi scheme that solicited investments in purported cryptocurrency mining pools, promising returns that prosecutors said were paid
The Office of the Comptroller of the Currency has granted Circle final approval to establish a national trust bank, bringing the USDC issuer under direct federal supervision. The charter allows Circle to hold the reserves backing its USDC stablecoin within a federally regulated framework, a move aimed at strengthening oversight
A court ruling has cleared the Terraform trust to rely on disputed documents as it pursues a legal case valued at more than $4 billion against trading firm Jump. The decision allows the trust to use the contested evidence in the proceedings, strengthening its litigation position. At the same time,
The Office of the Comptroller of the Currency granted Circle final approval to establish a national trust bank, allowing the stablecoin issuer to operate its USDC business under a single federal regulatory framework rather than a patchwork of state-level licenses. The charter covers Circle's $73.2 billion