Tuesday, November 11, 2025
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FBI Arrests Trio Accused of Bilking U.S. Banks Out of $10M, Converting Funds to Crypto

Each of the accused men has been arrested by the Federal Bureau of Investigation and faces four criminal charges in U.S. District Court for the Southern District of New York: bank fraud conspiracy, conspiracy to commit wire fraud affecting a financial institution, money laundering conspiracy and aggravated identity theft. The

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Mantle pauses token migration to stop FTX from converting $43M in BIT tokens to MNT

A community member started a discussion among participants in the Mantle decentralized autonomous organization (DAO), proposing to restrict the collapsed FTX exchange and Alameda Research from converting their BitDAO (BIT) tokens worth $43 million to Mantle (MNT) amid the ongoing token migration process. Community discussion on preventing FTX from converting its

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