The US Treasury has sanctioned Philippines-based tech firm Funnull, accused of providing services to thousands of crypto scam websites. This action highlights the increasing regulatory focus on combating crypto-related fraud.
Tag: Bitcoin Regulation
NYPD Officers Linked to Crypto Torture Case: Modified Duties and Market Implications
Two NYPD officers are under investigation after being connected to the kidnapping and torture of a crypto trader, raising concerns about regulatory oversight and security within the crypto space.
SEC Signals Green Light for PoS Crypto Staking: A Game Changer?
The SEC’s Division of Corporation Finance recently issued guidance suggesting that certain crypto staking activities on Proof-of-Stake blockchains don’t violate US securities laws, potentially impacting the staking landscape.
Thailand Cracks Down: Bybit, OKX, and Other Crypto Exchanges Face Ban
The Thai SEC is set to block several crypto exchanges, including Bybit and OKX, due to regulatory violations. What does this mean for the market?
Sui Community Approves $162M Repayment to Cetus Exploit Victims: What It Means for DeFi Security
Sui validators have approved a governance proposal to return $162 million in frozen assets related to the recent Cetus exploit, signaling a commitment to user recovery and raising questions about on-chain governance.