Former Coinbase Employee Arrested in Connection with Crypto Insider Trading Tipping Scheme

The scheme, according to the Department of Justice (DOJ), ran from June 2021 to April 2022. Over the period, they profited from at least $1.5 million in illegal trades. The US Attorney’s Office for the Southern District of New York, and the Securities and Exchange Commission have charged a former product manager of Coinbase Global […]

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Ukraine Impounds Cash, Real Estate, Silver from Crypto Traders Laundering Money for Russians

Russia is currently facing many sanctions due to its attack on Ukraine. Many major companies have cut ties with the country, and governments globally have imposed sanctions on the nation. Authorities in Ukraine have seized $3 million in cash and other assets from crypto traders illegally laundering money for Russians. The authorities said these crypto traders […]

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Brazilian Fintech PicPay Forays into Crypto, Going to Launch Its Exchange and Stablecoin

PicPay follows in line with other big-name Brazilian companies trying to maximize the potential of the crypto sector. Digital payments app PicPay appears to be the latest firm in a long list of Brazilian fintechs that are making their way into Web3.0 and crypto in general. With this move, PicPay follows in line with other […]

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G20 Regulator FSB Plans to Propose Crypto Regulation in September

According to the FSB, crypto assets need regulation to comply with as they are predominantly used for speculative purposes. The Financial Stability Board (FSB), which consists of all G20 countries, is planning to propose crypto regulation by October. On 11th July, the regulatory body said the “robust” rules would govern crypto and stablecoins globally. The regulator said […]

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OKX Inks Training Kit Sponsorship Deal with Manchester City

What’s interesting is that the deal comes at a time when there is a market downturn. Crypto trading platform, OKX, has announced the completion of a sponsorship deal with Premier League champions, Manchester City. Earlier in March, the firm signed a multi-year partnership deal to become the official crypto partner of Manchester City. However, the […]

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