cryptocurrency

Late actor Matthew Perry’s X account was hacked by scammers trying to direct social media users to make donations on a fake copycat website, according to a statement from the Matthew Perry Foundation. In an Instagram post on Feb. 26, the foundation wrote that it had received reports Mr. Perry’s official X page had been […]

New York Attorney General Letitia James is seeking $3 billion in restitution from cryptocurrency firms accused of fraud that resulted in more than $1 billion in losses.

Ransomware gangs returned with a vengeance, extorting a record-breaking $1.1 billion in cryptocurrency payments in 2023 after a significant decline in 2022. According to blockchain expert Chainalysis, ransomware attacks intensified in scope and complexity, targeting companies, high-profile institutions, and critical infrastructure, including hospitals, schools, and government agencies, in 2023. After gaining digital access, ransomware hackers […]

NEW YORK—Portuguese soccer star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance. The lawsuit filed in federal court in the Southern District of Florida Monday alleges that Ronaldo’s promotion of Binance […]

Cryptocurrency guru Sam Bankman-Fried has been found guilty of fraud, money laundering, and more. A 12-member New York jury convicted the 31-year-old FTX founder on all seven counts of fraud and conspiracy in relation to his role in a scheme that cheated customers and investors of at least $10 billion. He now faces decades in […]

Hamas is powered by cryptocurrency. It’s hard for the group to raise funds legally since it’s a terrorist organization., but crypto has the ability to slide under the radar. James Koutoulas, CEO of Typhon Capital Management, spoke a little on the terrorists’ use of cryptocurrency.

The Group of 20 leaders have agreed to a plan to eventually impose digital currencies and digital IDs on their respective populations, despite fears that governments will use them to monitor their peoples’ spending and crush dissent. The G20, which is currently under India’s presidency, adopted a final declaration on the subject over the weekend in New […]

Sam Bankman-Fried, the beleaguered FTX founder and former billionaire, allegedly stole $100 million in client funds for political contributions used to influence cryptocurrency legislation, federal prosecutors wrote in a superseding indictment. U.S. attorneys accused Mr. Bankman-Fried, in a late Aug. 14 amended indictment, of using stolen funds for various purposes, including “making lavish” federal campaign […]

Privacy regulators in the UK and Europe are keeping a watchful eye on the roll-out of the Worldcoin cryptocurrency scheme co-founded by Open-AI CEO Sam Altman. Worldcoin offers free cryptocurrency tokens to people who are willing to share their biometric data by scanning their eyeballs with a special “orb.” The company says over two million […]

Securities and Exchange Commissioner (SEC) Chair Gary Gensler supported the White House’s budget boost request for the stock market watchdog. But Mr. Gensler warned that the funds appropriated were tens of millions of dollars less than what his federal agency originally requested for the upcoming fiscal year. The Senate Appropriations Committee appropriated $2.4 billion to […]

The former CEO of bankrupt cryptocurrency lending platform Celsius Network, Alexander Mashinsky, has been arrested and is facing a string of charges for allegedly misleading investors and manipulating the price of the company’s crypto token, the Department of Justice announced on July 13. Mr. Mashinsky was arrested Thursday and charged with securities fraud, commodities fraud, and wire fraud for defrauding […]

CASSVILLE, Mo.—John Forsyth was known as a hard-working doctor who cared deeply for his patients and often teased nurses in the emergency room to ease tension. He was a father of eight and newly engaged. He also co-founded a cryptocurrency business with his brother. His sudden disappearance from a southwestern Missouri town last month—and the […]

NEW YORK—A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next year separate from his scheduled Oct. 2 trial over the collapse of now-bankrupt cryptocurrency exchange FTX. Bankman-Fried, 31, will be tried on March 11, 2024, on five counts, including bank […]

The U.S. Securities and Exchange Commission (SEC) sued Coinbase Tuesday, accusing the largest U.S. cryptocurrency exchange of operating illegally. The lawsuit is the SEC’s second in two days against a major crypto exchange, following its case against Binance, the world’s largest cryptocurrency exchange. NTD spoke with Thomas Hogan, senior research faculty at AIER, to hear […]

U.S. Justice and Treasury Departments announce an international cryptocurrency enforcement action in Washington at 11:45 a.m. ET on Jan. 18. NTD will livestream the event.

The Bahamas attorney general’s office on Monday announced the arrest of former FTX CEO Sam Bankman-Fried pending extradition to the United States, weeks after the cryptocurrency exchange collapsed. U.S. Attorney Damian Williams confirmed the arrest at the request of the U.S. government in a statement on Twitter. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at […]

FTX founder Sam Bankman-Fried revealed Thursday that he doesn’t know what happened to billions of dollars that customers of his cryptocurrency exchange sent to accounts of his trading company Alameda Research. Speaking to the Wall Street Journal Thursday, Bankman-Fried said that the funds “were wired to Alameda, and … I can only speculate about what happened after […]