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mining

HashFlare Founders Plead Guilty in $577M Crypto Mining Fraud

In a major development for crypto fraud enforcement, the founders of HashFlare—a once-popular cloud mining service—have pleaded guilty to operating a massive Ponzi scheme that defrauded investors of over $577 million. Estonian nationals…
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lawsuite

Judge Pauses SEC Lawsuit Against Binance

A federal judge has granted a 60-day pause in the Securities and Exchange Commission’s (SEC) ongoing lawsuit against Binance, following a joint request from both the regulator and the exchange. While the move may seem procedural, legal analysts…
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crypto restrictions

FDIC and CFTC Reverse Crypto Restrictions

In a joint move that stunned many in the financial world, the Federal Deposit Insurance Corporation (FDIC) and the Commodity Futures Trading Commission (CFTC) have withdrawn prior advisories that discouraged U.S. banks and exchanges from participating…
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