Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier …
freezes
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Justin Sun claims that World Liberty Financial’s $USD1 stablecoin contains “backdoor functionalities” that could allow user assets to be frozen or destroyed. …
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Mining
Bitcoin miners’ AI pipelines are on trial as Texas freezes 474 GW of data center requests
by shayaanby shayaanTexas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit every data center project seeking a grid connection before …
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Smart Contracts
US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
by shayaanby shayaanIn short OFAC on Tuesday sanctioned multiple wallets linked to Iran’s central bank and the Iranian armed forces, resulting in the freezing …
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Regulation
Brazil freezes $2 billion in assets after US sanctions target PCC money laundering network
by shayaanby shayaanBrazilian Federal Police recently seized assets worth roughly $2 billion in a drug trafficking and money laundering investigation. Days before this seizure, …
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Tether has again shown how much control stablecoin issuers can exercise when sanctioned wallets enter the picture. Following an updated OFAC action, …
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Crypto pundit Star has highlighted that crypto decentralization is a myth, noting that crypto networks and firms can freeze funds. The pundit …
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Scams
Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit
by shayaanby shayaanIn brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can …
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Analysis
International Crypto Crackdown Freezes $12,000,000, Uncovers More Than 20,000 Victims: TRM Labs
by shayaanby shayaanAn international law enforcement initiative involving the UK’s National Crime Agency (NCA), US Secret Service, Ontario Provincial Police and Ontario Securities Commission …
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Regulation
Trump Freezes Congress Over SAVE Act — What Happens to Crypto’s CLARITY Act?
by shayaanby shayaanPresident Donald Trump has declared he will refuse to sign any legislation until the SAVE America Act (SAVE Act) passes in its …