Crypto News
2 More U.S. Regulatory Dominos May Have Fallen for Crypto: OCC and CFPB
The crypto industry can likely look forward to two more agencies falling into line on its digital assets policy aims: the Office of the Comptroller of the Currency, which is one of the chief U.S. banking regulators, and the Consumer Financial Protection Bureau, where the lights are effectively being shut off.The sector's dicey relationship with U.S. banking can be expected to be further mitigated with the arrival of a new stand-in chief at the OCC, Rodney Hood, the crypto-friendly former chairman of the U.S. credit-union watchdog. As with other key financial oversight positions, President Donald Trump has tapped somebody who embraces cryptocurrency technology.When running the credit-union agency in 2021, he'd said, "Cryptocurrency needs to be a part of the credit...
Alabama Man Pleads Guilty to Hijacking SEC X Account to Pump Bitcoin
Eric Council admitted guilt in helping to hack the SEC’s X account and trying to mislead the market about spot Bitcoin ETF approvals.Source link
Alabama Man to Plead Guilty in Bitcoin-Focused SEC X Account Hack
Eric Council Jr., the Alabama man charged with hacking the X account of the U.S. Securities and Exchange Commission (SEC) to falsely post the agency had approved bitcoin exchange-traded funds, is set to plead guilty in the case.A "Consent Order of Forfeiture," filed in D.C. federal court shows Council has agreed to plead guilty to Conspiracy to Commit Aggravated Identity Theft and Access Device Fraud, and will forfeit $50,000 in proceeds from these offenses.
Council, according to the prosecution, used a fake ID to trick a phone store employee into helping him and co-conspirators access a device with access to the SEC’s X account.
Judge Amy Berman Jackson has set Council's sentencing for May 16. The case stems from the then highly...
South Korea Lawmaker Off the Hook in Crypto Disclosure Case
A South Korea judge acquitted an elected official of all charges for not disclosing the full extent of his $6.8 million crypto holdings.Source link
CryptoGO: Simplifying Memecoin Trading for Newcomers on Telegram
PRESS RELEASE. CryptoGO is a Telegram mini-app designed to simplify memecoin trading for newcomers. With its user-friendly interface and seamless integration, CryptoGO allows users to buy and trade meme tokens on the Solana blockchain using fiat currency, with no blockchain knowledge required. By removing the complexities of traditional crypto trading, CryptoGO eliminates the need forSource link