IRS and Ukrainian Investigators Team Up with Chainalysis to Track Russians Evading Sanctions with Cryptocurrencies
U.S. Internal Revenue Service (IRS) Criminal Investigations Division and Ukrainian investigators began cooperating with Chainalysis analytical firm to track Russians evading sanctions with the help of cryptocurrencies. The IRS promised to sponsor the access of Ukrainian i ...
Bankrupt Crypto Company Celsius to Merge UK and US Units Amid Fraud Allegations
They were accused that the split into 2 "subsidiaries" was a fraud The merger will speed up the return of investors' funds Bankrupt crypto company Celsius agrees to merge its units in the UK and US. It would be their answer to court allegations that the firms sha ...
Ripple’s XRP Surges to Highest Value Since 2022 Amid SEC Lawsuit Settlement Prospects
The price of Ripple's XRP has surged to $0.49 per digital coin, marking its highest value since November 2022. This sudden growth is attributed to the increased likelihood of Ripple settling the SEC lawsuit against it. Interestingly, this chance came about in a third-party case involving the bank ...
NFT Complaints in China Increased by 30,000% in 2022
According to China's State Administration for Market Regulation, complaints related to non-fungible tokens (NFTs) experienced a massive increase of 30,000% in 2022. The regulator reported that last year, there were 59,700 complaints from individuals who were negatively impacted by investing in th ...