Russian crypto exchange founder Aleksei Andriunin has been extradited to the U.S. to face wire fraud and market manipulation charges. Prosecutors allege he used wash trading to inflate cryptocurrency volumes. If convicted, he faces up to 20 years in prison. Russian Crypto Founder Faces Fraud Charges in U.S. Aleksei Andriunin, the 26-year-old founder of cryptocurrency…

Robinhood met with the SEC’s Crypto Task Force, urging clear regulations for digital assets and criticizing the agency’s case-by-case litigation approach. Robinhood Challenges SEC’s Case-by-Case Crypto Regulation Robinhood Markets Inc. met with the SEC’s Crypto Task Force on February 19 to advocate for a structured regulatory framework for digital assets. The meeting addressed key issues…

DOJ launches an investigation into Argentina’s President Javier Milei’s ties to the Libra cryptocurrency project, examining potential fraud and influence peddling. U.S. Authorities Probe Allegations of Fraud in Libra Crypto Project The U.S. Department of Justice (DOJ) has reportedly opened an investigation into President Javier Milei’s involvement in the promotion of the cryptocurrency Libra and…

BlackRock has transferred $204 million in Bitcoin and Ethereum to Coinbase Prime, sparking speculation about its crypto strategy. Analysts suggest portfolio rebalancing or ETF-related adjustments. Bitcoin and Ethereum Adoption BlackRock, the world's largest asset manager, has transferred approximately 1,800 Bitcoin (BTC) and 18,168 Ethereum (ETH) to Coinbase Prime, totaling around $204 million. The move has…

Bitdeer Technologies Group posted a $532 million net loss for Q4 2024, citing major investments in proprietary mining hardware development as it pursues vertical integration in the Bitcoin mining sector. Revenue Decline and Rising Costs The company's quarterly revenue dropped 40% year-over year to $69.0 million, with gross profit plummeting from $27.0 million in Q4…

Rezolve Ai announces a $1 billion Bitcoin treasury to support its AI-driven crypto payment platform with Tether, aiming to revolutionize retail commerce. Rezolve Ai, a leader in AI-powered commerce solutions, has announced the establishment of a $1 billion Bitcoin treasury. This strategic move aims to support its upcoming AI-driven crypto payment platform, developed in collaboration…

Michael Saylor presents a digital assets framework to the SEC Crypto Task Force, proposing a structured regulatory system to strengthen U.S. leadership in digital finance. SEC’s Crypto Task Force Meets with MicroStrategy Chairman to Discuss Digital Asset Regulation The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with MicroStrategy’s Executive Chairman, Michael Saylor,…

The Czech National Bank is exploring Bitcoin’s potential as a reserve asset. Governor Aleš Michl sees this as an opportunity to study digital assets amid evolving financial markets. Czech National Bank Governor Pushes for Bitcoin Study Governor Aleš Michl reignited the discussion on social media platform X last week, following a Jan. 30 CNB Bank…

Seychelles-based crypto exchange OKX has admitted to violating U.S. anti-money laundering laws, agreeing to a $505 million settlement after facilitating billions in suspicious transactions. OKX Settles U.S. Criminal Case for $505 Million OKX, a major cryptocurrency exchange operated by Aux Cayes FinTech Co., has pleaded guilty to running an unlicensed money-transmitting business in the U.S.…

The U.S. Securities and Exchange Commission (SEC) is scaling back its cryptocurrency enforcement efforts, signaling a major shift in regulatory approach. With recent legal retreats and internal restructuring, former SEC enforcement chief John Reed Stark now predicts the agency will abandon its appeal in the high-profile ipple case. SEC Pulling Back on Crypto Cases Stark,…