Washington Crypto Launderer Gets Five Years for $97 Million Oil Scam Network
Geoffrey Auyeung used nine shell companies to help overseas fraudsters launder $97 million through fake oil-and-gas investments, earning a five-year federal sentence.…
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Geoffrey Auyeung used nine shell companies to help overseas fraudsters launder $97 million through fake oil-and-gas investments, earning a five-year federal sentence.…
European Central Bank imposes temporary restrictions on Revolut's new product rollouts in EEA markets, signaling heightened regulatory scrutiny of fintech governance.…
The European Central Bank's move toward risk-based supervision promises to streamline processes while potentially opening doors for digital assets.…
Fold's decision to liquidate Bitcoin holdings for debt reduction triggers massive investor enthusiasm despite crypto asset disposal.…
Canada's central bank holds steady at 2.25% while warning of US trade risks and Iran conflict spillovers threatening market stability.…
The FBI's new 60-day Operation Riptide targets the infrastructure behind $20 billion in US fraud losses as World Cup scams proliferate.…
Delaware lawmakers advance sweeping legislation requiring removal of all cryptocurrency kiosks within 90 days, escalating state-level regulatory pressure on Bitcoin ATM operators.…
Mastercard launches AP4M with major crypto partners, targeting microtransactions despite adoption challenges.…
Mastercard unveils Agent Pay for Machines to handle AI-driven microtransactions at scale, potentially reshaping digital commerce infrastructure.…
Botanix Labs closes its Bitcoin scaling platform after four years, citing insufficient demand for Bitcoin-native DeFi to sustain operations.…
Spiderchain developer Botanix is closing operations after four years, telling users to withdraw by July 9 as Bitcoin-native DeFi fails to gain traction.…
Aave's post-exploit risk framework highlights DeFi's evolution toward institutional safeguards, potentially at the cost of permissionless innovation.…