Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign …
illegal
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Finance
Trump’s ‘illegal’ meme coin dinner contest nets insiders $900K in 48 hours
by shayaanby shayaanPresident Donald Trump and his team pulled in nearly $900,000 in trading fees over just two days through the $TRUMP crypto token, …
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Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. …
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Regulation
Bipartisan Crypto Bill To Fight Illegal Blockchain Activity Reintroduced in U.S. House
by shayaanby shayaanA bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to …
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Mining
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
by shayaanby shayaanOfficials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by The Nation. …
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Olumide Osunkoya has been sentenced to four years in prison for illegally operating cryptocurrency automated teller machines in the United Kingdom. The …
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If memecoins are considered commodities and not securities, then investors can’t sue for insider trading, says Bitwise Head of Alpha Strategies Jeff …
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Mining
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
by shayaanby shayaanRussian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network …
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Mining
Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
by shayaanby shayaanRussian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately …
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Regulation
China Declares Crypto Futures Trading Illegal Gambling in Major Ruling
by shayaanby shayaanThe People’s Court of Pingjiang County, Hunan Province, has classified futures trading on a crypto exchange as gambling. The ruling has resulted …