A Mexican national could spend up to two decades in prison after pleading guilty to laundering $4 million worth of drug trafficking proceeds via crypto. The U.S. Department of Justice (DOJ) says Carlos Erick Vazquez Gonzalez, 48, earned $40,000 by working with various “money brokers” who had him collect drug profits earned in cities throughout …
Category archives: Trending Crypto news
JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and financial firms that plan to build a dollar stablecoin for business payments across borders, reports The Wall Street Journal. That group includes Bank of America, Wells Fargo, Citigroup, …
Colorado Healthcare Firm Agrees To $15,000,000 Data Breach Settlement, With Cash Heading To Millions of Patients
A Colorado-based medical firm has reached a preliminary agreement to pay up to $15 million to settle a class-action lawsuit stemming from a ransomware attack that compromised patient data. The proposed deal in Jenkins v. DaVita covers about 2.3 million people and has preliminary court approval in Colorado. DaVita operates dialysis clinics. The non-reversionary fund …
$1,800,000,000 in Iran-Linked Funds Transferred To Unnamed U.S. Banks From UAE, Treasury Says
The U.S. Treasury Department says massive amounts of money tied to Iran are still moving through American banks each year. The allegations come as the Treasury moves to restrict an Emirati branch of Banque Misr from accessing U.S. correspondent accounts. The branch kept dollar accounts at three U.S. financial institutions, although the Treasury does not …
Minnesota County Hit by Second Ransomware Attack After Officials Pay $128,000
A Minnesota county is recovering from two ransomware attacks that struck its systems months apart. The second hit came after officials paid $128,539 to get out of the first one. Winona County says different cybercriminals hit again in April, reports MPR News. Unauthorized access in the first incident ran from January 18th to January 22nd of 2026. …
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Hackers Withdraw $300,000,000 in Bitcoin From Liquid Network, Claim Attack Is Friendly
Purported white-hat hackers have taken nearly 4,000 Bitcoin worth over $300 million from the wallet that backs the Liquid Network. Liquid is a Bitcoin sidechain that allows users to move BTC onto a separate network for faster transfers, with the original coins held in a shared wallet. The platform says the withdrawal occurred through the …
Texas Immigration Officer Allegedly Takes Nearly $960,000 in Bribes to Fast-Track Citizenship
Federal prosecutors have charged a former senior immigration officer and his associate with taking payments to fast-track citizenship and other immigration approvals. Lukman Owolabi Ganiyu worked as a senior officer at U.S. Citizenship and Immigration Services in Texas. DOJ prosecutors say he pulled cases from multiple field offices and approved applications without the usual reviews. …
Yen intervention meets US inflation data: Five things to know in Bitcoin this week
This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level. Bitcoin (BTC) sees its first weekly close above $80,000 since early May as clouds gather over the US inflation outlook. Key points: Read more Go to Source
Zcash hits highest price since 2016 as market cap tops $20B
ZEC gained 45% over the past week, extending its rally since Grayscale converted its Zcash Trust into an ETF that began trading Aug. 25. Zcash (ZEC) climbed to its highest price since 2016, extending a rally that has pushed the privacy-focused cryptocurrency’s market capitalization above $20 billion. ZEC reached $1,249.28 before retreating to about $1,195 …
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Citi, DBS complete first weekend tokenized cross-border deposit on Swift
Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours. Singapore-based financial services group DBS and American financial services giant Citi completed the first weekend tokenized cross-border payment between Singapore and the US on Saturday. The two companies executed the transaction …
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Philippines eyes payment operator registration freeze, tighter VASP checks
A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms. The Philippines’ central bank has proposed freezing new payment-system operator registrations for 12 months while imposing tighter controls on payment arrangements involving virtual asset service providers (VASPs). Under a draft circular, the …
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Days Left to File Claim in Disney’s $50,000,000 YouTube TV and DirecTV Settlement
Disney is preparing to pay $50 million to settle claims that it helped push up prices for live TV streaming. Qualifying YouTube TV and DirecTV Stream subscribers have until September 8th of 2026 to file. The claim form is on the official settlement site, says the notice in Biddle v. Disney. The class covers people who paid …
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500 Organizations Breached as Medusa Ransomware Spreads Through Critical U.S. Infrastructure
A ransomware group is expanding its attacks on U.S. critical infrastructure after hitting more than 500 organizations. Federal agencies say the ransomware-as-a-service variant has now affected sectors including healthcare, defense, manufacturing, government services, information technology and financial services, says CISA. The update to advisory AA25-071A marks an increase from the more than 300 victims noted in the …
$8,000,000 in Ohio School Funds Diverted Into Luxury Miami Rental, Phoenix Man Charged in Kickback Scheme
Federal authorities have charged a Phoenix resident with helping divert millions in public funds from an Ohio charter school into personal luxuries including luxury vehicles and a high-end Miami rental. Jonathan Larry Ballew, 62, of Phoenix allegedly teamed up with the school’s former operator to submit phony invoices from shell companies for services that were …
Pennsylvania Woman Allegedly Writes 24 Bad Checks on Husband’s Bank Accounts, Triggering $56,000 in Losses
First Commonwealth Bank has lost over $56,000 after a customer allegedly wrote dozens of bad checks drawn on her husband’s accounts. The transactions involved 24 checks that attempted to take $82,710 before the bank absorbed the shortfall, reports CBS News Pittsburgh. Ngoc Phuongthi Le, 54, of Churchill is accused of using both personal and business accounts to …