Federal prosecutors are charging four Massachusetts men in a scheme that allegedly stole more than $12.2 million in U.S. Treasury checks. The U.S. Attorney’s Office for the District of Massachusetts says David Obeng, 24, of Dedham, Lynley Joseph, 26, of Brockton, Lindsley Georges, 33, of Everett, and Shaunsayh Addo, 33, of Leominster each face bank …
Category archives: Trending Crypto news
North Carolina Man Admits To Executing $650,000 in Unauthorized Bank Transactions Using Stolen Identities
Federal prosecutors say a North Carolina man participated in a bank fraud conspiracy that relied on stolen identities, carrying out more than $650,000 in unauthorized transactions. Jacob Lawson, 33, of Reidsville, has been sentenced to 15 months in prison followed by three years of supervised release and was ordered to pay $656,781.46 in restitution, says …
Bybit accepts Franklin Templeton tokenized funds as trading collateral
Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody. Franklin Templeton has partnered with Bybit on a program that lets institutional investors use tokenized shares of its money market funds as trading collateral, expanding their use beyond a simple buy-and-hold investment. The companies announced Monday …
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Crypto PAC spends $11M to oppose Sherrod Brown in Ohio
Fairshake pledged an initial $30 million on media opposing the Democratic candidate in Ohio’s Senate race in what some see as a repeat of spending by the crypto industry in 2024. A political action committee (PAC) aligned with and largely funded by the cryptocurrency industry reported spending more than $11 million on ads supporting Republican …
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Maryland Bank Teller Admits To Stealing $246,000 From Cash Machines
A Maryland bank teller supervisor has been permanently barred from the banking industry after stealing about $246,000 from cash machines at her branch. Renee Nicole Brown, who worked as a teller supervisor at Sandy Spring Bank in Silver Spring, Maryland, until her termination in August of 2024, misappropriated approximately $246,000 from teller cash dispenser machines …
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AlgoQuant Asset Management Selects Liquid Mercury to Enhance Digital Asset Trading Infrastructure
September 28th, 2026 – Chicago, United States class=”ql-align-center”>AlgoQuant will deploy Liquid Mercury’s institutional-grade trading technology to scale its multi-strategy investment platform and enhance execution capabilities across global digital asset markets. Liquid Mercury, a leading technology provider for digital asset marketplaces and crypto trading, announced today that it has been engaged by AlgoQuant Asset Management, an …
Chinese National Accused of Stealing $53,000 From Elderly Woman in New York
Federal authorities have denied a bond hearing to a man accused of defrauding an elderly woman of $53,000 in northern New York. The DOJ says 42-year-old Chun Yan, a native and citizen of China, entered the country illegally from Mexico in 2023 and remains in ICE custody pending removal. Yan allegedly drove from Brooklyn to …
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Aster Launches Perpetual Grid Trading 2.0 with Up to 140,000 ASTER Liquidity Mining Campaign
September 28th, 2026 – George Town, British Virgin Islands Aster, the privacy-first onchain trading platform backed by YZi Labs, today announced the launch of its Liquidity Pool Mining campaign, a four-week incentive campaign featuring a total reward pool of up to 140,000 ASTER and running from September 28 to October 25, 2026 (UTC). To celebrate …
MiCA focus shifts from rulemaking to supervision, ESMA chair says
ESMA will focus on CASP resilience, outsourcing and reverse solicitation while pursuing harmonized reporting across national regulators. The European Securities and Markets Authority (ESMA) will focus its coordination of national crypto supervision in 2027 on operational resilience, outsourcing and firms maintaining sufficient operations inside the bloc as implementation deepens under the Markets in Crypto-Assets Regulation …
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Bitget CEO says $388M hack exploited third-party security vulnerability
Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link. Bitget CEO Gracy Chen said the crypto exchange’s recent $388 million exploit stemmed from a vulnerability in a third-party security product that allowed the attacker to obtain “high-level …
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Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Michael Saylor’s Strategy bought 1,665 Bitcoin for $142.7 million last week, lifting its holdings to 847,666 BTC as the company sold common shares to fund the purchase. The company bought the Bitcoin at an average …
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BTC price eyes best Q3 in nine years: Three things to know in Bitcoin this week
Bitcoin fell below $83,000 to start the week amid US-Iran war developments but remains up more than 40% for Q3 ahead of key inflation and jobs data. Bitcoin (BTC) is coiling below its 2026 open days before the Q3 candle close as new resistance caps BTC price upside. Key points: Read more Go to Source
Hong Kong regulators expand financial reporting oversight to licensed crypto firms
The SFC and AFRC signed a new MoU extending financial reporting, audit and compliance cooperation to licensed virtual asset service providers. Hong Kong regulators have expanded their cooperation on financial reporting and audits to cover licensed crypto firms under a new memorandum of understanding (MoU). On Monday, the Securities and Futures Commission (SFC) and the …
Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain
Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack. Crypto exchange Bitget is resuming withdrawals after a security breach affecting nearly $388 million in assets, as the attacker continues moving stolen crypto through THORChain. Bitget said it resumed Bitcoin (BTC) withdrawals Monday after …
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Rhode Island State Police Arrest Four in Newport Bank Fraud Scheme
Rhode Island State Police have arrested four people after stolen mailbox checks were washed, altered and deposited into personal bank accounts in a fraud scheme that cleared more than $10,000. The Rhode Island State Police says troopers arrested Alex Briggs, 31, Tristan Morris, 21, Breeyanna King, 32, and Dasia Moon, 35, on Wickford Barracks warrants. …
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