Author: Cointelegraph By Ezra Reguerra

Bitcoin Investing Made Simple!

Fake ID crypto exchange sign-ups attract 2-year prison sentence

Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges. Source link

Cop intercepts $40,000 Bitcoin ATM scam by Chase Bank impersonator

The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine. Source link

Polymarket gambler face charges after Taiwan election bet

A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections. Source link

Bitcoin NFTs surpass Ronin in all-time sales

Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam. Source link

Crypto chief bids SEC farewell after 9 years of service

David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022. Source link

Malaysia cracks down on crypto tax evaders with Ops Token

IRB official Datuk Abu Tariq Jamaluddin warns crypto traders to declare taxes or face compliance actions. Source link

FTC issues urgent warning over rising crypto romance scams

The FTC asked users to report scammers to the government and warn their loved ones about the scam. Source link

Australia cracks down on online gambling with crypto, credit card ban

The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000). Source link

Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M

CoinShares believe the turnaround is due to “weaker than expected macro data in the U.S.” Source link

South Korea labels mass-produced NFTs as virtual assets

NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023. Source link