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The Latest Breaking News on Crypto

Cryptocurrency news - live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Department of Justice officials say they will reveal the news at 12pm in Washington DC

The Independent UK

The clowns of cryptoland haven’t given up

Making money out of failure is morally bankrupt

Financial Times

Crypto exchange Bitzlato’s founder arrested in $700 million laundering scheme

A Russian was charged with money laundering through a cryptocurrency exchange that allegedly masked the proceeds of illegal gambling and drug deals valued at more than $700 million, as the US goes after criminal suspects in the digital space.

The Times of India

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Harrison man arrested for alleged scam that saw woman $70k poorer

Police believe the incident could be part of global crime syndicate.

The Canberra Times

US arrests Russian crypto boss who ‘catered to known crooks’

Justice dept says Anatoly Legkodymov operated the Hong Kong-registered Bitzlato exchange as a money laundering haven.

Al Jazeera

Have celebs learned their lesson from the FTX debacle?

Strolling out of a football stadium, Tom Brady makes his pitch for the crypto trading platform FTX.

Los Angeles Times

Justice Dept. charges Russian founder of cryptocurrency firm

A Russian national who founded a cryptocurrency exchange the Justice Department says evaded U.S. regulations and became a haven for proceeds of criminal activity has been arrested

The Independent UK

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4 Pharma Stocks You Shouldn’t Think Twice About Buying in 2023

Pharma sector usually performs relatively well amid market turmoil due to the inelastic demand for its offerings. Moreover, increased technological advancements should boost the industry’s growth. Hence, pharma stocks Eli Lilly (LLY), AstraZeneca (AZN), Zoetis (ZTS), and Teva Pharmaceutical (TEVA) might be worth buying in 2023. Read more.

StockNews.com

Cryptocurrency news – live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Bitcoin prices took a dive ahead of the DoJ announcement

The Independent UK

Tech & Science Daily podcast: Breast cancer research breakthrough

Plus! World’s biggest plane + social media’s ‘opaque’ code

Evening Standard

Malaysian 'swindler' faces extradition

The Criminal Court on Wednesday approved the extradition of a Malaysian businessman to China where he is wanted for operating a pyramid scheme and swindling people out of money.

Bangkok Post

The Problem of Democracy by Shadi Hamid review – democracy and its discontents

Should US foreign policy demand liberalism, as well as free elections?

The Guardian - UK

3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

WEKU

Macau's top gambling boss Alvin Chau sentenced to 18 years in prison over illegal syndicate

The founder of Macau's once-biggest casino junket organiser, who was banned from entering Australia, is sentenced to 18 years in jail and ordered to pay back over $1 billion.

ABC News

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Wales Online

Tonybet fined for not following anti-money laundering rules

The Gambling Commission said it highlighted how it would take action against businesses who fail to be open with customers

The Independent UK

TonyBet fined £442,750 and warned on failure to have fair and transparent terms

Unfair terms published on TonyBet’s website potentially hampered customers receiving their winnings, the Gambling Commission said.

AAP

No bail for man accused of worldwide scam

A man who allegedly played a role in extracting tens of millions from unsuspecting victims of a scam has been refused bail over concerns he could flee overseas.

The Times of India

Bitcoin flirts with longest winning streak in nearly a decade

Bitcoin is starting the year on a strong note, seemingly shaking off any negative sentiment it was mired in last year and on the verge of its longest winning streak in nearly a decade.

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Tribune News Service

Bankman-Fried again claims FTX US crypto exchange was solvent

Sam Bankman-Fried, the fallen crypto entrepreneur who faces trial in the United States on fraud charges, reiterated his claim that the FTX US crypto exchange “was and is solvent.”

The Independent UK

Macao jails Suncity founder 18 years over illegal gambling

The founder of Macao’s once-biggest casino junket organizer has been sentenced to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization and other charges

Daily Mirror

Bitcoin scam gang made so much money they handed out £5k gift cards in the street

The four-person criminal gang at the centre of the £22m conspiracy worked with ringleader James Parker, operating from his Blackpool home, and even bought cars for strangers they met in the pub

Salon

NY crypto lawsuit has climate fallout

The lawsuit determines whether the state's Public Service Commission must consider emissions in its decision making

Sports Illustrated

Gronk Subpoenaed in Cryptocurrency Lawsuit, per Report

The former NFL tight end reportedly hasn’t been listed as a defendant at this time, although he was a brand ambassador for Voyager Digital.

The Conversation

Cryptocurrencies are in crisis, but they are not going to disappear

Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s.

The Guardian - AU

Morning Mail: multimillion-dollar GST challenge from councils, shark extinction fears, Greta Thunberg detained

A legal battle led by Philip Ruddock’s Sydney council could see hundreds of millions in GST payments refunded

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