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US Disrupts Bitzlato Crypto Exchange, Arrests Founder

The Hong Kong-based platform Bitzlato has been disrupted by authorities and its founder Anatoly Legkodymov was arrested, ending its catering to known criminal activity tied to Russia, said Deputy Attorney General Lisa Monaco, outlining coordinated enforcement actions that also included the Federal Bureau of Investigation and the U.S. Treasury Department. Source

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SBF trial could set precedent for the crypto industry

After the collapse of major cryptocurrency exchange FTX in November 2022, former CEO Sam “SBF” Bankman-Fried was arrested by Bahaman authorities on Dec. 12. Just a day later, the United States Securities and Exchange Commission and Commodity Futures Trading Commission filed charges against him for allegedly defrauding investors and violating

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Justice Department to Announce Major International Crypto Enforcement Action

The press conference will be led by Deputy Attorney General Lisa Monaco, and other speakers will include Assistant Attorney General Kennth Polite, Jr. of the Justice Department's criminal division, U.S. Attorney Breon Peace of the Eastern District of New York, the FBI's Associate Deputy Director Brian Turner and the Treasury

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21Shares debuts crypto staking ETP on BX Swiss exchange

Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking.21Shares on Jan. 18 launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the

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