In Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoFour foreign nationals were arrested in Thailand for a robbery on 8 November, where they forced a Ukrainian tourist, Viacheslav Leibov, to transfer 250,000 USD in cryptocurrency. The suspects, who had prior connections to the victim, were charged with armed robbery, unlawful detention, and coercion.
WeatherlyHong Kong authorities are investigating a cryptocurrency scam in which a 26-year-old woman reported losing approximately HK$93,000 ($12,000) in tether (USDT) at an exchange shop in Mong Kok.
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyBinance and Delhi Police have successfully dismantled a $100,000 scam that duped investors with false claims linked to a fake solar company.
XingChiNigerian authorities are cracking down on unlicensed cryptocurrency firms, securing nearly $100,000 from Paparaxy Global Ventures and Lemskin Technologies for unauthorized USDT transactions. The Economic and Financial Crimes Commission has revealed that both companies entered a plea agreement, highlighting the government's commitment to regulating the cryptocurrency market and combating illegal activities.
WeatherlyCoinbase’s delisting of Tether reflects tightening EU regulations. More tokens face delisting as MiCA is enforced, creating long-term market stability.
BerniceTether is celebrating the 10th anniversary of its stablecoin, USDT, by releasing a documentary called Stability and Freedom in Chaos, highlighting its role in helping people facing inflation and economic challenges in countries like Turkey, Brazil, and Argentina. The film features personal stories and statistics showcasing how USDT has become vital for daily transactions and financial stability in these regions.
JoyIn a shocking turn of events, Isabella Yer Enci, a former accounts executive at Voltron, has admitted to duping a cryptocurrency trader, pocketing over $900,000 worth of her company's digital assets.
XingChiTether invests in the Academy of Digital Industries, Georgia, enriching education with blockchain and digital technology expertise.
EdmundOneCoin's ex-compliance chief pleads guilty to fraud, potentially 10 years in prison, amidst broader legal actions against the scheme.
Hui XinOne of the founders has been arrested, while the other one remains at large.
ClementSingapore's Commercial Affairs Department (CAD) has apprehended ten individuals, primarily holding Chinese passports, on suspicion of money laundering, involving assets valued at approximately S$1 billion ($735 million), including cryptocurrencies.
DavinAmid the company's several troubles, Binance, one of the world's leading cryptocurrency exchanges has now found itself in hot water in France.
BitcoinistThe bill is co-sponsored by Senators Elizabeth Warren and Roger Marshall.
OthersTether said the "secured loans held in its reserves are overcollateralized and covered by extremely liquid assets."
OthersAfter weeks of speculation, the U.S. Department of Justice has officially filed criminal charges against Sam Bankman-Fried, the former CEO and founder of FTX.
decryptAn emerging compromise may subject those who govern decentralized autonomous organizations to extra requirements.
CoindeskTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
Cointelegraph