The US has seized servers, domain names, and around $1 million in crypto assets from the ransomware group BlackSuit. The Justice Department said on Monday that multiple US and international law enforcement agencies conducted an operation against the BlackSuit ransomware groups in late July. The operation included the unsealing of a warrant for the seizure…
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The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after admitting to their roles in the scheme. Sergei Potapenko and Ivan Turõgin have been in custody for 16 months, and Seattle Federal Court Judge Robert Lasnik gave them time served in their sentencing hearings on…
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Key takeaways: July US CPI held steady at 2.7% year-over-year, boosting Fed rate cut bets to 93.9% for September. Key price support lies between $117,650 to $115,650, with a deeper drop potentially testing a CME gap at $95,000. Bitcoin (BTC) price could continue to rally after the release of the July US Consumer Price Index…
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Tron, Tether, and TRM Labs say their joint financial crime unit has frozen more than $250 million in illicit crypto assets since launching less than a year ago, and is expanding its reach through a new program that brings Binance on as its first member. Launched in September 2024, the T3 Financial Crime Unit (T3…
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Ethereum core developer Federico Carrone said that he would contribute $500,000 to Roman Storm’s legal fund amid the Tornado Cash co-founder facing a potential retrial in New York. In a Monday X post, Carrone said his experience in Turkey led to the decision to increase his donation to Storm from $50,000 to $500,000. The developer…
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Two Estonian nationals who co-founded the cryptocurrency mining service HashFlare are scheduled to be sentenced on Thursday after pleading guilty to conspiracy to commit wire fraud as part of a plea deal with prosecutors. In a Monday filing, US prosecutors pushed back against many of the claims made by lawyers for HashFlare co-founders Sergei Potapenko…
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Key points: Bitcoin finds support at lower levels, but may face strong selling in the $120,000 to $123,218 zone. Net Ether ETF inflows of more than $1 billion on Monday suggest solid institutional demand. Bitcoin’s (BTC) strong rejection near the all-time high of $123,218 signals that bears are unlikely to surrender without a fight. BTC’s…
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Pantera Capital’s adherence to the Bitcoin halving cycle enabled it to predict Bitcoin’s price with striking accuracy in 2022, underscoring how the asset’s supply schedule can influence valuations, even as skepticism about the cycles grows. In November of that year, Pantera published a price chart mapping Bitcoin’s (BTC) halving rallies and showing diminishing returns after…
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Roman Storm’s legal team and US prosecutors have agreed to extend procedural deadlines that could affect retrying the Tornado Cash co-founder on conspiracy to commit money laundering and conspiracy to violate sanctions. In a Monday filing in the US District Court for the Southern District of New York (SDNY), Judge Katherine Failla approved a schedule…
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Key points: Ether gains nearly 6% on the day as BitMine ups its ETH accumulation plans to nearly $25 billion. Chairman Tom Lee gets Michael Saylor comparisons as analysis says ETH price action is “defying gravity.” Bitcoin continues to range below $120,000, shrugging off cool US CPI data. Ether (ETH) neared $4,500 Tuesday as major…
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