BITPRISMIA
U.S. regulators are cracking down on crypto ATMs due to a rise in fraud cases, with new state-level regulations and a potential federal bill aiming to enhance consumer protection and digital asset security.
Law enforcement and private firms, including TRM Labs, TRON, Tether, and Binance, have seized over $300 million in cryptocurrency linked to fraud through collaborative initiatives like the T3 Financial Crime Unit and Project Atlas.
Do Kwon, co-founder of Terraform Labs, has reached a plea deal with U.S. prosecutors, which could allow him to serve part of his sentence in South Korea, marking a pivotal moment in the legal proceedings following the collapse of the Terra-Luna ecosystem.
The content appears to be promotional material for cryptocurrency gambling platforms, offering various bonuses and incentives.
The Indian Enforcement Directorate (ED) conducted raids across multiple cities in connection with a $29M crypto fraud involving Bitcoin and impersonation of tech support services, with assets seized under the Prevention of Money Laundering Act.
The CEO of South Korean crypto exchange Bitsonic, Shin Jin-wook, faces a second jail term for fraud involving the inflation of Bitsonic Coin trading volume and market price, defrauding customers of 160 million won ($115K).
The CEO of Bitsonic, Shin, received an additional six-month prison sentence for fraud involving the exchange's native token, Bitsonic Coin (BSC), highlighting the severe consequences of crypto market manipulation and fraud.
The content appears to be promotional material for online casino bonuses and offers, highlighting various deals such as deposit bonuses, free spins, and no-KYC policies.
A widespread malware campaign using fake crypto app ads has exposed over 10 million people to data theft, with the malware 'JSCEAL' stealing sensitive information and evading detection.
The content advertises various cryptocurrency casino bonuses and promotions, highlighting no KYC requirements, VPN-friendliness, and instant withdrawals.