An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending.
Key Takeaways
Authorities allege a support impersonation scheme enabled unauthorized access to cryptocurrency wallets and digital…
Ripple CEO Brad Garlinghouse shared why he sees XRP as unique, pointing to its speed, low cost, scalability, and long-running community support. He cited three-to-five-second settlement, fractions-of-a-penny transaction costs, and more than 4 billion completed…
A delivery-worker ruse escalated into a violent cryptocurrency robbery case involving firearms, restraints, and an alleged gunpoint transfer of approximately $6.5 million from a victim’s accounts.
Key Takeaways
Authorities alleged attackers used delivery disguises to gain…
Owe Martin Andresen, a German national, faces money laundering charges after using a cryptocurrency-based payment processor to purchase gold bars and sending them to his home address. Adresen was the alleged admin of “Dream Market,” a darknet market that shut down in 2019.
Key Takeaways
Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold…
The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2…
David Schwartz warned XRP Ledger users about rising airdrop and giveaway scams targeting the community. The Ripple CTO Emeritus said impersonators on Instagram, Telegram, and other platforms are likely scammers.
Key Takeaways
David Schwartz flagged escalating fake airdrop…
Strive reported a larger bitcoin treasury after its Semler Scientific merger, reaching 15,009 bitcoin with no outstanding debt. The filing showed $929.4 million in digital assets, new medical-device revenue, and a major unrealized loss tied to fair-value accounting.
Key Takeaways
Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger.
Medical-device revenue helped…
Schwab Crypto is rolling out spot bitcoin and ethereum trading for selected retail clients through Schwab-linked accounts. The offer includes 24/7 support, education, research, and pricing at 75 basis points on each trade’s dollar value.
Key Takeaways
Schwab Crypto will…
Ripple and crypto industry leaders backed the Senate’s CLARITY Act ahead of a key markup, citing clearer rules, stronger consumer protections, and U.S. leadership. Ripple’s legal chief cited a report estimating 67 million Americans hold crypto.
Key Takeaways
Ripple…
Peter Brandt warned that bitcoin has not formed a recognizable bottom, citing a possible bear channel from the February low. His key trigger is an ATR close below $79,145, which he said could signal renewed downside.
Key Takeaways
Brandt said bitcoin has not completed a recognizable bottom after its latest rebound.
Technical resistance near the bear channel keeps attention on the $79,145…
