Vietnamese Police Arrests 5 Linked to Offshore Crypto Scam
Five individuals associated with an intricate crypto scam network operated by offshore criminals have been apprehended by a provincial police force in Vietnam. Police from Nghe An, a Vietnamese province bordering Laos and the Gulf of Tonkin, dismantled a scam organization based in Laos associated with fraudulent wire transfers on October 4. Offshore individuals who […]
Credbull Launches High-Yield Private Credit Offering
Credbulll, an on-chain private credit marketplace, and Plume have launched LiquidStone, a Plume Network-exclusive line of liquid high yield products. LiquidStone’s asset structure will be diversified across high yielding trade finance options, collateralized on-chain loans, and on-chain liquid assets, per Credbull’s press release. Credbull will start the expansion with an asset capacity of $100 million […]
Taiwan FSC Implements new AML Rules for Crypto Firms
Virtual asset service providers must comply with the new anti-money laundering legislation that Taiwan’s Financial Supervisory Commission has adopted or face penalties. According to a recent release, the FSC has reportedly published a draft of the “VASP Registration Regulations,” which will go into force on January 1, 2025. These actions come after the AML Act […]
SEC Enforcement Director Gurbir Grewal Resigns
Gurbir Grewal left the SEC after working there for three years and completing over a hundred enforcement cases pertaining to cryptocurrencies. The director of enforcement for the U.S. Securities and Exchange Commission, Gurbir Grewal, will leave the federal regulator on October 11th, according to a statement from the agency. Grewal oversaw more than 2,400 lawsuits […]
Buying this Bitcoin dip is a ‘no-brainer’ – Quinn Thompson
Hedge fund manager and lekker Capital chief investment officer Quinn Thompson says buying this week’s Bitcoin dip is not advisable compared to the previous price dip. Quinn Thompson, the chief investment officer at Lekker Capital, believes that the 6% decline in Bitcoin since September 30 presents an opportunity for investors to accumulate additional BTC. Thompson […]