🚨NEW: CANADA SEIZES $56M IN CUSTOMER FUNDS WITHOUT CHARGES Authorities have "reason to believe" that TradeOgre funds stem from illicit activity, as no-KYC services are a "common tactic" to launder money. No charges have been filed.
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Canada Seizes $56M In Customer Funds Without Charges
Authorities have "reason to believe" that TradeOgre funds stem from illicit activity. The investigation remains ongoing.
🚨NEW: DID CANADA JUST ROB AN OG EXCHANGE OF $32,000,000? The crypto exchange TradeOgre has been drained for Millions of Dollars. An op_return transaction claims that the funds are now in custody of the Canadian Government. Full story👇
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Did Canada Just Rob An OG Exchange Of $32,000,000?
The crypto exchange TradeOgre has been drained for Millions of Dollars. An op_return transaction claims that the funds are now in custody of the Ca...
🚨SCOOP: US GOVERNMENT TO BRING PATRIOT ACT TO DIGITAL ASSETS FinCEN Director reveals Treasury is finalizing ban on privacy tools, Representatives revive Special Measures to Fight Modern Threats Act Full story👇
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US Government To Bring PATRIOT Act to Digital Assets
FinCEN Director reveals that the Treasury is finalizing a ban on privacy tools, Representatives revive Special Measures to Fight Modern Threats Act
🚨NEW: The Treasury is working on reforming the Bank Secrecy Act, FinCEN Director states Full story👇
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Treasury Working on BSA Reform, FinCEN Director Says
While she has no idea how many BSA reports have led to arrests, reevaluating the BSA to improve efficiency is a "key objective for this administrat...
🚨JUST IN: FATF, UN, and Interpol call on Governments to strengthen partnerships with blockchain analytics firms image
🚨JUST IN: Chainalysis Global Crypto Adoption Report removes DeFi as standalone category DeFi described as "niche behavior" with "much smaller share of overall user activity" compared to centralized platforms image
🔴 Financial Crime Detection startup IVIX, founded by Matan Fattal, a former member of Israel's notorious military intelligence Unit 8200, and Doron Passov, a former member of the IDF's secretive Unit 81 tasked with building custom espionage software, raises $60M Series B IVIX "scans the web for signs of illicit financial activity," collecting data "using scrapers powered by large language models" sourced from "blockchains, short-term rental platforms, e-commerce marketplaces and other sources." IVIX has developed software for the Government of Canada and the State of California. IVIX claims that it can identify entities behind illicit activity "with 99% accuracy." image
🚨NEW: DeFi Education Fund gathers largest industry coalition to protect developers Over 100 signatories state that they will not support a market structure bill that does not include protections for non-custodial services. Fully story👇
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DeFi Education Fund Gathers Largest Industry Coalition To Protect Developers
Over 100 industry signatories will not support a market structure bill that does not include protections for non-custodial services.
🚨NEW: The Treasury is seeking comments on the implementation of digital identities for DeFi, where smart contracts could automatically check for a credential before executing a user's transaction. Full story👇
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Treasury Seeks Comments On Digital Identity Verification For "DeFi"
Smart contracts could automatically check for a credential before executing a user's transaction, the Treasury says.
🚨NEW: Economists at the Bank of International Settlements propose banning any coin that has passed through a no-KYC wallet from regulated services to enable a culture of self-policing Full Story 👇
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Bank of International Settlements Paper Proposes Self-KYC For Non-Custodial Wallets
The economists argue that the exclusion of any coin that has ever passed through a no-KYC wallet would enable a culture of self-policing.