A sweeping FBI operation that led to the arrest of an NBA player and coach last week has shaken both the sports and financial worlds. The incident comes as major leagues and betting platforms move deeper into prediction markets. Notably, the scandal has reignited debate over whether regulators are prepared to handle this new frontier of sports speculation.
The spectacular fall of SafeMoon continues to cause ripples. After the conviction of its CEO for fraud, the FBI now opens its doors to victims to try to recover part of the lost funds. But is restitution in the crypto universe as complex as hoped?
When AI plays the king of bluff, even the crypto stars get caught. Deepfakes and scams galore, the FBI brings out the red lantern.
The FBI is calling on node operators and exchange platforms to block transactions related to the record hack of Bybit. The U.S. federal agency confirms the involvement of the North Korean Lazarus group in this theft of $1.4 billion and is taking steps to prevent the laundering of the funds.
The raid conducted by the FBI at the home of Shayne Coplan, CEO of Polymarket, marks a new stage in the complex relationship between American regulation and the world of decentralized markets. Occurring in a tense political context, this operation has sparked numerous reactions regarding the intentions of the U.S. government, particularly after the recent presidential election in which Polymarket played a controversial role with massive bets on the outcomes. This intervention goes beyond the investigation into Coplan and also points to broader issues surrounding the regulation of decentralized prediction platforms.
The FBI recently took an unprecedented step by launching its own cryptocurrency! This innovative initiative has allowed for the dismantling of a complex network of fraudsters operating in the crypto sector.
Tether has partnered with the FBI to freeze a colossal sum of 435 million dollars in crypto. Does this unprecedented partnership mark a turning point in cryptocurrency regulation, or is it simply another chapter in the crypto saga? Let's dive into the juicy details of this unlikely alliance.