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Key Takeaways US and UK authorities have imposed sanctions against Prince Holding Group and Chen Zhi over alleged large-scale online fraud. Cambodia’s government defended Prince Holding Group, stating the conglomerate has met legal requirements and called for due process in the investigation. Share this article The Cambodian government said the US and UK should provide … Read more
The U.S. government is preparing to add around 127,271 bitcoin, valued at roughly $14.2 billion, into what it now calls a Strategic Bitcoin Reserve. During a joint operation with UK authorities, these coins were confiscated in connection with a massive crypto fraud operation led by Chen Zhi, a Chinese national tied to the Cambodia-based Prince … Read more
Israel’s Ministry of Defense announced on Monday that it was ordering the seizure of 187 crypto wallets that allegedly belong to Iran’s Islamic Revolutionary Guard Corps, or IRGC. In a document detailing the seizure order, the ministry’s National Bureau for Counter Terror Financing (NBCTF) said it was “convinced that the cryptocurrency wallets” in the list … Read more
Alright, folks, buckle up because we’re diving into the wild world of Rapport Therapeutics, Inc. (NASDAQ: RAPP), a stock that’s lighting up the market today like a Fourth of July fireworks show! As of this writing, RAPP shares are skyrocketing, up a jaw-dropping 176.39% to $39.69, and the buzz is all about a game-changing announcement … Read more
NEWYou can now listen to Fox News articles! The U.S. Coast Guard on Monday offloaded more than 76,000 pounds of illegal drugs in Florida, marking the largest-ever drug seizure in a single operation in its history. The Cutter Hamilton offloaded the drugs at Port Everglades, Florida, as part of Operation Pacific Viper. The drugs, which … Read more
Greece has entered new territory in crypto enforcement. For the first time, authorities in the country have seized digital assets linked to a cybercrime case. The move follows a phishing attack that drained funds from a local user’s Bybit account and signals a growing ability to handle crypto-related crimes through the legal system. Background: What … Read more
Ripple’s legal counsel Bill Morgan has dismissed speculation that the U.S. government could seize XRP tokens from the company’s escrow accounts for national reserve purposes. Morgan’s blunt “No it won’t” response countered analyst John Squire’s claims about potential government confiscation of Ripple’s XRP holdings. Technical transfer mechanisms exist but face limitations XRPL validator “Vet” outlined … Read more
Key Takeaways Russia’s Ministry of Justice is building a framework to control and confiscate digital currencies tied to illicit activity. The proposed legislation aims to address challenges in confiscating digital assets by allowing law enforcement to seize access codes and block transactions. Share this article Russia’s Ministry of Justice has drafted a bill that would … Read more
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