CryptoNews

US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams – Legal Bitcoin News

The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous cryptocurrency addresses, where they were exchanged for various cryptocurrencies. DOJ Seizes $9M in USDT The U.S.
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CryptoNews

Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves – Bitcoin News

Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of the latest update, Binance’s…
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Lightspark's CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply 'Some Form of Compromise' – Bitcoin News

David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged that non-custodial usage still implies compromising on some features. Lightspark’s David Marcus…
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CryptoNews

Bit.Store Introduces Privacy-First Virtual Crypto Mastercard and Unveils Website’s New Look – Press release Bitcoin News

PRESS RELEASE. Bit.Store, a pioneer in the Web3 revolution, is delighted to introduce its freshly redesigned website and the official release of the Bit.Store Virtual Crypto Card. With an unwavering commitment to facilitating seamless crypto transactions, Bit.Store is actively shaping the future of digital payments, making it more accessible to all through its innovative card solutions. Embrace…
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