In a landmark diplomatic exchange, the United States and Russia have executed a prisoner swap involving Russian cryptocurrency criminal Alexander Vinnik and American schoolteacher Marc Fogel. Vinnik, arrested for laundering billions through his crypto exchange, was exchanged for Fogel, detained in Russia for possessing medicinal marijuana. The move highlights a significant step in the complex diplomatic relations between the two nations.
Tag: cryptocurrency
On Thursday, U.S. President Donald Trump announced the formation of a dedicated cryptocurrency working group to propose new regulations and explore the concept of a national cryptocurrency reserve, fulfilling his campaign promise to reform U.S. crypto policy. The directive, welcomed by the crypto industry, aims to safeguard banking services for crypto companies and prohibits the creation of competing central bank digital currencies. With Bitcoin reaching new highs, experts see Trump’s initiative as a pivotal shift in U.S. digital asset policy that could propel cryptocurrencies into the mainstream.
Controversy surrounds the alleged launch of a Trump-themed meme coin, $TRUMP, on the Solana blockchain as its market cap skyrockets to $8 billion within hours. Questions about the project’s legitimacy and potential security breaches have arisen, despite official claims on Truth Social and X.
In a recent interview with Lesley Stahl, Jamie Dimon, the CEO of JPMorgan, reiterated his…
Prime Minister Kyriakos Mitsotakis announced that the Greek government will prioritize regulating the cryptocurrency market…
Greek authorities have made their first-ever cryptocurrency seizure, confiscating 273,000 USDT (Tether) as part of a criminal investigation. This milestone underscores the growing challenges of combating crypto-related crimes and the need for expertise in handling digital assets. The seizure is part of a broader effort to address cryptocurrency scams, which are becoming increasingly prevalent in Greece
Europol and international law enforcement agencies dismantled a drug trafficking ring using cryptocurrency, seizing $26 million in crypto and arresting nine suspects in a coordinated operation spanning six countries. The investigation, initiated by a Spanish cocaine trafficking case, uncovered a complex network of “underground bankers” laundering illicit funds, primarily controlled from the Dubai and the UAE.
Bitcoin, cryptocurrency, Trump, price, market, stocks, Coinbase, MicroStrategy, regulation, investment, speculation, short squeeze, volatility
A 51-year-old woman in Thessaloniki, Greece has been arrested for allegedly defrauding an individual of over €120,000 through a bitcoin investment scam. The suspect, along with two alleged accomplices, convinced the victim to invest in cryptocurrencies with promises of high returns.
Souvlaki Entrepreneur and Crypto Investor Cleared of Drug Trafficking Charges After Five-Year Ordeal
Sam Karagiozis, a successful entrepreneur known for his Souvlaki GR chain and cryptocurrency investments, has been cleared of all drug trafficking charges after a grueling five-year legal battle. The prosecution’s case collapsed due to insufficient evidence, highlighting the potential for abuse of power within the justice system and the devastating impact of flawed investigations on individuals.
Bitcoin, the world’s largest cryptocurrency by market capitalization, has plummeted over 10% in a single day, pressured by a global stock market downturn that has reverberated through the cryptocurrency sector. Dropping below $50,000 for the first time since February, Bitcoin reached a low of $48,126 at 08:41 GMT on Monday, though it has since seen a modest recovery.
Greece is experiencing a surge in cryptocurrency adoption, particularly among young adults. However, the lack of a clear regulatory and tax framework for digital assets is causing headaches for both investors and tax authorities. A dedicated committee is finalizing its recommendations for the Ministry of National Economy and Finance, outlining solutions for defining, recording, taxing, and monitoring cryptocurrencies.
The FBI is offering a $5 million reward for information leading to the capture of Ruja Ignatova, the woman accused of masterminding the multi-billion dollar OneCoin cryptocurrency scam. Ignatova, who disappeared in 2017, is considered one of the world’s most wanted fugitives. Dubbed the “Cryptoqueen,” Ignatova rose to prominence promoting OneCoin as the next big thing in cryptocurrency. However, the scheme quickly unraveled, exposing it as an elaborate pyramid scheme that defrauded millions of investors globally out of an estimated $4 billion.
The prospect of longer-term higher US borrowing costs is sending Bitcoin down
Europol announced today the successful completion of “Endgame,” the largest ever international operation targeting malware,…
The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all…
According to the co-founder of local BCash Bitcoin ATMs, Dimitrios Tsangalidis, the local crypto scene…
After years of delays, the long-awaited ‘Merge’ – the software upgrade to Ethereum, the most popular cryptocurrency platform – is finally complete, making the system much more energy efficient.
The man who was at the company’s wheel behind what’s become known as Greece’s first…
It would seem that everyone you know owns at least one Cryptocurrency coin- whether that…