Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens
Pump Science partially blamed Solana-based software firm BuilderZ for leaving the private key to the dev wallet address on GitHub for the public to see. Go to Source
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Dark web market owner arrested in New York after FBI traces crypto
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name. Go to Source
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets “received millions of USD funds over hundreds of deposits” used for illicit drugs. Go to Source
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States. Go to Source
Five US enforcement agencies form new digital currency anti-crime task force
The agencies have worked together for years, but now their joint efforts are official as they plan to ramp up activity. Go to Source Powered by WPeMatico
Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China
“The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last year alone,” said the Massachusetts senator, citing an Elliptic report. Go to Source Powered by WPeMatico
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and … Read more
Crypto and psychedelics: Clarifying regulations could help industries grow
It’s a long road to federal legalization, but opposition to psychedelics is waning at the state level and Capitol Hill. Go to Source Powered by WPeMatico
Spanish rehab center adds crypto trading addiction to services list
The rehabilitation center noted that about 1% of cryptocurrency traders will develop an “extreme” addiction to crypto trading. Go to Source Powered by WPeMatico
Uzbeki police get ‘how to seize crypto’ training from UN security org
Uzbekistan’s law enforcers were educated on blockchain analysis topics and methods for seizing crypto. Go to Source Powered by WPeMatico
