Crypto News
UK’s NCA Announces Disruption of World’s Most Harmful Cyber Crime Group, LockBit
UK's NCA launched "Operation Cronos" against LockBit, a global cyber crime syndicate, resulting in significant disruptions and the seizure of servers, cryptocurrency accounts, and decryption keys. (Read More)Source link
US Judge Urged to Approve Binance’s $4.3 Billion Plea Deal
A U.S. Federal Judge has been urged to accept a plea deal from U.S. authorities with the cryptocurrency exchange, Binance. Prosecutors, in a memorandum, have asserted that the agreed-upon sanctions are commensurate with the extent of Binance’s deliberate law violations. Binance’s Alleged Refusal to Register as a Money Services Business U.S. prosecutors have reportedly urgedSource link
VanEck’s Bitcoin ETF Records 2,200% Volume Surge in a Day
A sudden trading volume on VanEck’s HODL product seemed “retail armyish,” one analyst said.Source link
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from cryptocurrencies will be taxed at 22%. South Korea to Delay CryptocurrencySource link
Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report
Fairshake, a super political action committee (PAC), has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported.Source link