Law and Order

Coinbase Urges Australia to Vote for Crypto Progress in May

Coinbase Urges Australia to Vote for Crypto Progress in May

Australia’s federal election next month could decide the future of crypto in the country, according to a call to action from Coinbase urging voters to back progress on digital asset reform. John O’Loghlen, Coinbase’s Managing Director for APAC, warned that despite soaring interest in digital assets, “Australia’s policy environment for crypto remains frustratingly vague and […]

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Creator of 2 Million Global Phishing Service Jailed for Eight Years

Creator of $132 Million Global Phishing Service Jailed for Eight Years

A British man who ran a global phishing service has been jailed for eight-and-a-half years. Zak Coyne created LabHost—a subscription service that allowed fraudsters to access fake versions of legitimate websites. The fraudulent pages could then be used to deceive unsuspecting victims into handing over sensitive information. According to the British Crown Prosecution Service, the

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HashFlare Ponzi Duo Ordered to Leave US by DHS—Despite Court Order to Stay

HashFlare Ponzi Duo Ordered to Leave US by DHS—Despite Court Order to Stay

Sergei Potapenko and Ivan Turõgin, the Estonian co-founders of the defunct crypto mining firm HashFlare, claim that they have been ordered to to “immediately” leave the U.S. by the Department of Homeland Security (DHS), or face law enforcement action—contradicting an earlier court order. In a letter reviewed by Decrypt and addressed to U.S. District Judge

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Tariffs May Help Fund US Bitcoin Reserve Buildup Says White House Advisor Bo Hines

Tariffs May Help Fund US Bitcoin Reserve Buildup Says White House Advisor Bo Hines

The Trump administration’s sweeping tariffs, which have roiled global markets over the past few weeks, may just become instrumental to funding the U.S. Strategic Bitcoin Reserve without using taxpayer money. While the extensive tariffs threatened and implemented over the past month have escalated and jolted crypto markets as the Trump administration pursues an “America First”

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Another Swedish Lawmaker Pushes to Add Bitcoin to National Reserves

Another Swedish Lawmaker Pushes to Add Bitcoin to National Reserves

Another week, another Swedish lawmaker pushing Bitcoin into the national spotlight. On Monday, Dennis Dioukarev, a Member of the Riksdag representing the Sweden Democrats,  submitted a formal question to Finance Minister Elisabeth Svantesson, proposing a national strategy to accumulate Bitcoin through confiscated assets.  “This is a trend seen in many countries,” he wrote, referencing the

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South Korea Blocks Apps of Crypto Exchanges on Apple, Google Stores

South Korea Blocks Apps of Crypto Exchanges on Apple, Google Stores

South Korea’s top financial regulator has removed 14 crypto exchange apps from Apple’s App Store and 17 from Google Play, which includes major platforms like KuCoin and MEXC, as part of a crackdown on unregistered foreign operators. The Financial Services Commission (FSC) announced Monday that the bans took effect on Google’s Play Store on March

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Phantom Wallet Sued Over 0K Meme Coin Theft Linked to Alleged Security Flaw

Phantom Wallet Sued Over $500K Meme Coin Theft Linked to Alleged Security Flaw

A lawsuit filed Monday against Phantom Technologies alleges that security vulnerabilities in its crypto wallet, Phantom, led to the theft of over $500,000 worth of Wiener Doge (WIENER) tokens from a developer’s account. A cybercriminal “hacked into Liam’s personal computer and exported Liam’s private key to his Phantom wallets from his web browser’s working memory,”

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Man Pleads Guilty to Submitting False Tax Returns Tied to M CryptoPunks Sales

Man Pleads Guilty to Submitting False Tax Returns Tied to $13M CryptoPunks Sales

A Pennsylvania man could face up to six years in prison after pleading guilty to filing false tax returns that concealed millions of dollars in income from sales of CryptoPunks. Waylon Wilcox, 45, admitted in federal court on April 9 to underreporting more than $13 million in income from 97 CryptoPunks transactions across 2021 and

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From the Crypto Trenches to the Hill: Why Solana Is Making a Big Push in Washington

From the Crypto Trenches to the Hill: Why Solana Is Making a Big Push in Washington

When Solana debuted in 2020, it set out to dominate decentralized finance. Now, five years and more than eight billion transactions later, supporters of the so-called Ethereum killer have assumed a far more ambitious undertaking: conquering the halls of Congress. However, advocating for Solana on Capitol Hill—where DeFi still suffers from its association with money

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Crypto Exchanges Like Coinbase May Soon Get a Regulatory Sandbox to Play In

Crypto Exchanges Like Coinbase May Soon Get a Regulatory Sandbox to Play In

The SEC’s leadership suggested Friday it would be open to establishing a so-called regulatory sandbox for digital assets that would allow crypto exchanges to freely experiment in novel sectors—including, potentially, offering the trade of tokenized securities.  Tokenized securities are versions of traditional securities offerings, like stocks and bonds, that are issued as fungible assets on

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