US DOJ sentences man to 70 months in prison for role in $263M scam group

The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.

The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.

Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.”

The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement.

The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc’s announcement.

The XAUE protocol lets holders earn yield on tokenized gold through lending and trading strategies while maintaining exposure to the underlying asset.

The US President has confirmed his attendance for the Florida event, but it’s unclear whether Tron founder Justin Sun, suing the Trump family’s crypto business, will appear.

After reporting more than $1.7 million to election officials, a crypto-aligned political action committee has reportedly backed out of advertising for a Texas Senate candidate.

The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away.

Familiar players ramp up Bitcoin and Ether bets as markets hint at a rebound, while institutions test blockchain rails and US lawmakers stall on crypto rules this week.

MN Trading Capital founder Michael van de Poppe doesn’t expect Bitcoin to drop below $75,000 in the near term, even as Polymarket traders price in a different outcome.