Russian 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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illegal
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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 …
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Regulation
Lawyers refused jobs by Elon Musk’s DOGE file lawsuit calling it illegal
by shayaanby shayaanElon Musk and once-ousted Trump administration member Vivek Ramaswamy will see a lawsuit filed against their Department of Government Efficiency (DOGE) today. …
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Regulation
Only 54% of illegal crypto ads in UK removed despite FCA crackdown: report
by shayaanby shayaanIllegal crypto ads remain widespread as the FCA struggles to crack down, data shows. The British Financial Conduct Authority has failed to …
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Mining
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
by shayaanby shayaanA hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as …
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Regulation
Nigerian Court fines two crypto firms over illegal USDT to naira transaction
by shayaanby shayaanNigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media …
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